Product Code: ETC343819 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Hungary Rare Earth Metals Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at -26.77% in 2025, the market peaks at -25.86% in 2026, and settles at -97.90% by 2029.
By 2027, the Rare Earth Metals market in Hungary is anticipated to reach a growth rate of -33.02%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.
As key components in various high-tech industries, rare earth metals are in demand globally, including in Hungary. The Hungary Rare Earth Metals Market reflects the country`s role in the production and supply chain of these critical materials. With applications spanning electronics, renewable energy, and automotive sectors, the market is poised for continued growth driven by technological advancements and shifting global dynamics.
The Hungary Rare Earth Metals Market is influenced by global trends in technology, particularly the demand for rare earth metals in the manufacturing of electronics, renewable energy technologies, and defense systems. Hungary focus on transitioning towards a more sustainable economy and reducing dependency on traditional energy sources further drives the demand for rare earth metals in the country.
Hungary rare earth metals market confronts challenges related to supply chain vulnerabilities and geopolitical tensions. Dependence on a limited number of suppliers and fluctuating demand dynamics further compound these challenges, necessitating diversification strategies and investments in sustainable extraction methods.
Given the strategic importance of rare earth metals in various industries, Hungary may have policies aimed at promoting domestic exploration and production. Government initiatives could include resource development incentives, environmental regulations, and trade policies to ensure sustainable extraction and processing.
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 Hungary Rare Earth Metals Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Rare Earth Metals Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Rare Earth Metals Market - Industry Life Cycle |
3.4 Hungary Rare Earth Metals Market - Porter's Five Forces |
3.5 Hungary Rare Earth Metals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Rare Earth Metals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hungary Rare Earth Metals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rare earth metals in high-tech industries such as electronics, automotive, and renewable energy sectors. |
4.2.2 Growing focus on sustainability and green technologies driving the adoption of rare earth metals in Hungary. |
4.2.3 Government initiatives and policies supporting the development and production of rare earth metals within the country. |
4.3 Market Restraints |
4.3.1 Volatility in rare earth metals prices due to global market fluctuations and geopolitical factors. |
4.3.2 Environmental concerns related to the extraction and processing of rare earth metals leading to regulatory challenges. |
4.3.3 Limited domestic reserves and dependency on imports for rare earth metals in Hungary. |
5 Hungary Rare Earth Metals Market Trends |
6 Hungary Rare Earth Metals Market, By Types |
6.1 Hungary Rare Earth Metals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Rare Earth Metals Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Rare Earth Metals Market Revenues & Volume, By Cerium Oxide, 2021-2031F |
6.1.4 Hungary Rare Earth Metals Market Revenues & Volume, By Lanthanum Oxide, 2021-2031F |
6.1.5 Hungary Rare Earth Metals Market Revenues & Volume, By Neodymium Oxide, 2021-2031F |
6.1.6 Hungary Rare Earth Metals Market Revenues & Volume, By Yttrium Oxide, 2021-2031F |
6.1.7 Hungary Rare Earth Metals Market Revenues & Volume, By Praseodymium Oxide, 2021-2031F |
6.1.8 Hungary Rare Earth Metals Market Revenues & Volume, By Samarium Oxide, 2021-2031F |
6.1.9 Hungary Rare Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2021-2031F |
6.1.10 Hungary Rare Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2021-2031F |
6.2 Hungary Rare Earth Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Rare Earth Metals Market Revenues & Volume, By Permanent Magnets, 2021-2031F |
6.2.3 Hungary Rare Earth Metals Market Revenues & Volume, By Metal Alloys, 2021-2031F |
6.2.4 Hungary Rare Earth Metals Market Revenues & Volume, By Glass Polishing, 2021-2031F |
6.2.5 Hungary Rare Earth Metals Market Revenues & Volume, By Glass Additives, 2021-2031F |
6.2.6 Hungary Rare Earth Metals Market Revenues & Volume, By Catalysts, 2021-2031F |
6.2.7 Hungary Rare Earth Metals Market Revenues & Volume, By Phosphors, 2021-2031F |
6.2.8 Hungary Rare Earth Metals Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Hungary Rare Earth Metals Market Revenues & Volume, By Others, 2021-2031F |
7 Hungary Rare Earth Metals Market Import-Export Trade Statistics |
7.1 Hungary Rare Earth Metals Market Export to Major Countries |
7.2 Hungary Rare Earth Metals Market Imports from Major Countries |
8 Hungary Rare Earth Metals Market Key Performance Indicators |
8.1 Research and development investment in new rare earth metal technologies and applications. |
8.2 Percentage of rare earth metals recycled or reused in manufacturing processes. |
8.3 Number of partnerships and collaborations with international rare earth metal suppliers for diversification of sources. |
9 Hungary Rare Earth Metals Market - Opportunity Assessment |
9.1 Hungary Rare Earth Metals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Rare Earth Metals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hungary Rare Earth Metals Market - Competitive Landscape |
10.1 Hungary Rare Earth Metals Market Revenue Share, By Companies, 2024 |
10.2 Hungary Rare Earth Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |