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Distribution of global rare earth oxide demand by application 2019 & 2025

This statistic depicts the distribution of the global demand for rare earth oxides (REO) in 2019 and a projection for 2025, sorted by application. In 2019, magnets accounted for a 21 percent share of the global demand for rare earth oxides, and it is expected that by 2025 the demand share will increase to 27 percent.

Distribution of rare earth oxide demand in 2019 and 2025, by application

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Source

Release date

2020

Region

Worldwide

Survey time period

2019

Supplementary notes

* Projected.
Demand shares are rounded and were calculated based on demand figures provided by the source, in metric tons.

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Statistics on "Rare earths industry worldwide"

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