Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Product Type (Lanthanum Oxide, Lanthanum Chloride, Lanthanum Boride, Lanthanum Acetate, Lanthanum Carbonate, Others), By Application (Filament Glass Coatings, Fluidic Catalytic Cracking (FCC) Catalysts, Hydrogen Storage, Battery & Non-Battery Alloys, Electrical & Electronics, Others) And Competitive Landscape
Product Code: ETC13197663 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Lanthanum Market was valued at USD 0.55 Billion in 2024 and is expected to reach USD 0.8 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).
Report Name | Global Lanthanum Market |
Forecast Period | 2025-2031 |
Market Size | USD 0.8 Billion by 2031 |
CAGR | 5.50% |
Growing Sector | Battery & Non-Battery Alloys |
Global Lanthanum Market report comprehensively covers the market by application, product type. The report provides an unbiased and insightful analysis of current market trends, growth opportunities, challenges, and key drivers. It serves as a valuable resource for stakeholders to align their strategies with evolving market dynamics.
The global lanthanum market is experiencing steady growth due to its essential applications across various industries. Lanthanum chemicals, like lanthanum oxide and lanthanum carbonate, are used in many fields, such as water treatment, electronics, and the auto industry. Lanthanum-based goods are becoming more popular because people want technologies that use less energy and because renewable energy sources are getting better. People need better ways to clean their water because of strict rules and a greater desire to protect the environment. Lanthanum is a key part of these methods. The market might change, though, because of things like global forces and the need for a stable supply chain. The lanthanum market is projected to keep growing even with all of these problems. This is because new technologies and more business uses are making it useful.
Global Lanthanum market is expected to grow at a significant CAGR of 5.50% during the forecast period 2025–2031. Lanthanum is being used more and more in battery and non-battery alloys, which makes batteries for electric cars more efficient and boosts demand. The use of more catalytic converters, which clean up oil plants and are a big reason for this surge. Technological advancements in hydrogen storage and electronics further support Global Lanthanum Market Growth. Also, growing worries about the environment have pushed businesses to use rare earth elements like lanthanum to make their products more energy efficient and long-lasting. More money is being put into building clean energy infrastructure and making electronics, which is driving demand. Government programs that support green technologies are also helping the market grow around the world.
The Global Lanthanum Industry faces challenges such as supply chain instability due to geopolitical tensions affecting rare earth element mining, especially in regions like China. Environmental concerns and strict rules on mining activities make it very expensive to follow the rules. Lanthanum prices change a lot because of limited raw materials and export limits, which also makes it hard for the market to grow steadily. In terms of technology, it is still hard to recycle lanthanum from old electronics. Many countries are the only ones who can fill the market, so it depends on them a lot. It's less certain and harder to run the Global Lanthanum Industry because of these things. This slows down the industry's fast growth even though demand is high.
The Global Lanthanum Market is witnessing several key trends that are shaping its future. One notable trend is the increasing adoption of lanthanum in energy-efficient technologies, particularly in the production of nickel-metal hydride (NiMH) batteries for hybrid and electric vehicles. This shift aligns with the global push towards sustainable transportation solutions. Another significant trend is the growing use of lanthanum in water treatment applications, where it effectively removes phosphates and other pollutants, addressing environmental concerns related to water quality. These trends underscore the expanding role of lanthanum in supporting sustainable practices across various industries, driving its demand in the market.
Investment opportunities in the Lanthanum Market are emerging in several key areas. One promising sector is the development of advanced recycling technologies that enable the recovery of lanthanum from end-of-life products, reducing dependency on mining and ensuring sustainability. Another area of investment lies in the expansion of renewable energy applications, where lanthanum is utilized in phosphors for energy-efficient lighting and display technologies. Additionally, advancements in water treatment infrastructure present opportunities for the application of lanthanum compounds to address water pollution issues. Investors focusing on these sectors can capitalize on the growing demand for lanthanum-based solutions in sustainable practices.
Leading companies in the Global Lanthanum Share include Rainbow Rare Earths Limited, HEFA Rare Earth Canada Co., Ltd, Thermo Fisher Scientific India Pvt. Ltd., Teva Pharmaceuticals USA, Inc., and Lupin Pharmaceuticals, Inc. These organizations play a significant role in the lanthanum market by contributing to the development and supply of lanthanum-based products across various applications. Their expertise in rare earth elements and commitment to innovation positions them as key players in meeting the growing demand for lanthanum in industries such as electronics, automotive, and healthcare. Their continued investment in research and development is expected to drive advancements in lanthanum applications.
Governments worldwide have introduced various regulations to ensure the safe handling and usage of lanthanum and its compounds. These regulations aim to mitigate environmental impacts and promote sustainable practices in industries utilizing lanthanum. For instance, environmental agencies have set guidelines for the disposal and recycling of lanthanum-containing products to prevent pollution. Additionally, safety standards for workers handling lanthanum in manufacturing processes have been established to minimize health risks. These regulatory measures are designed to balance industrial growth with environmental protection, ensuring that the benefits of lanthanum applications are realized without compromising ecological integrity.
The Global Lanthanum Industry is poised for significant advancements driven by innovation and sustainability. The growing emphasis on renewable energy sources and energy-efficient technologies is expected to increase the demand for lanthanum in applications such as battery production and energy-efficient lighting. Additionally, the rising concerns over water pollution are likely to drive the adoption of lanthanum compounds in water treatment processes. Ongoing research and development efforts are focusing on enhancing the efficiency and environmental compatibility of lanthanum-based products. While challenges related to supply chain stability and raw material availability persist, the industry's focus on sustainable practices and technological advancements positions it for continued growth and diversification.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, Asia pacific is expected to dominate the Global Lanthanum Market due to rapid industrialization, significant investments in electric vehicle production, and expanding electronics manufacturing hubs. The region’s abundant rare earth reserves and government support for clean energy technologies further accelerate market growth. All these factors altogether make Asia pacific the leading region.
Lanthanum oxide is the fastest-growing product segment due to its extensive use in catalytic converters and battery alloys. Its superior chemical stability and efficiency in enhancing catalytic cracking processes make it highly preferred in refining and clean energy applications, driving its robust demand.
The battery and non-battery alloys segment is witnessing the fastest growth, fueled by the increasing adoption of hybrid and electric vehicles. Lanthanum’s unique properties improve battery performance and lifespan, making it critical in advanced energy storage solutions and electronics.
The report offers a comprehensive study of the subsequent market segments:
Global Lanthanum Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Lanthanum Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Lanthanum Market Revenues & Volume, 2021 & 2031F |
3.3 Global Lanthanum Market - Industry Life Cycle |
3.4 Global Lanthanum Market - Porter's Five Forces |
3.5 Global Lanthanum Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Lanthanum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Lanthanum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Lanthanum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Lanthanum Market Trends |
6 Global Lanthanum Market, 2021 - 2031 |
6.1 Global Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Lanthanum Market, Revenues & Volume, By Lanthanum Oxide, 2021 - 2031 |
6.1.3 Global Lanthanum Market, Revenues & Volume, By Lanthanum Chloride, 2021 - 2031 |
6.1.4 Global Lanthanum Market, Revenues & Volume, By Lanthanum Boride, 2021 - 2031 |
6.1.5 Global Lanthanum Market, Revenues & Volume, By Lanthanum Acetate, 2021 - 2031 |
6.1.6 Global Lanthanum Market, Revenues & Volume, By Lanthanum Carbonate, 2021 - 2031 |
6.1.7 Global Lanthanum Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Lanthanum Market, Revenues & Volume, By Filament Glass Coatings, 2021 - 2031 |
6.2.3 Global Lanthanum Market, Revenues & Volume, By Fluidic Catalytic Cracking (FCC) Catalysts, 2021 - 2031 |
6.2.4 Global Lanthanum Market, Revenues & Volume, By Hydrogen Storage, 2021 - 2031 |
6.2.5 Global Lanthanum Market, Revenues & Volume, By Battery & Non-Battery Alloys, 2021 - 2031 |
6.2.6 Global Lanthanum Market, Revenues & Volume, By Electrical & Electronics, 2021 - 2031 |
6.2.7 Global Lanthanum Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Lanthanum Market, Overview & Analysis |
7.1 North America Lanthanum Market Revenues & Volume, 2021 - 2031 |
7.2 North America Lanthanum Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Lanthanum Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Lanthanum Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Lanthanum Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Lanthanum Market, Overview & Analysis |
8.1 Latin America (LATAM) Lanthanum Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Lanthanum Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Lanthanum Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Lanthanum Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Lanthanum Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Lanthanum Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Lanthanum Market, Overview & Analysis |
9.1 Asia Lanthanum Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Lanthanum Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Lanthanum Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Lanthanum Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Lanthanum Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Lanthanum Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Lanthanum Market, Overview & Analysis |
10.1 Africa Lanthanum Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Lanthanum Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Lanthanum Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Lanthanum Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Lanthanum Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Lanthanum Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Lanthanum Market, Overview & Analysis |
11.1 Europe Lanthanum Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Lanthanum Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Lanthanum Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Lanthanum Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Lanthanum Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Lanthanum Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Lanthanum Market, Overview & Analysis |
12.1 Middle East Lanthanum Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Lanthanum Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Lanthanum Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Lanthanum Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Lanthanum Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Lanthanum Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Lanthanum Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Lanthanum Market Key Performance Indicators |
14 Global Lanthanum Market - Export/Import By Countries Assessment |
15 Global Lanthanum Market - Opportunity Assessment |
15.1 Global Lanthanum Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Lanthanum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Lanthanum Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Lanthanum Market - Competitive Landscape |
16.1 Global Lanthanum Market Revenue Share, By Companies, 2024 |
16.2 Global Lanthanum Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |