Product Code: ETC343823 | 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 South Korea Rare Earth Metals Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 5.33% in 2025 and reaches 6.34% by 2029.
South Korea`s rare earth metals market is significant due to the country`s high-tech manufacturing sector, which relies on these critical materials for electronic components and renewable energy technologies. Ensuring a stable supply chain of rare earth metals is crucial for South Korea`s industrial competitiveness and technological innovation. Efforts are underway to diversify sources and develop recycling technologies to mitigate supply chain risks.
The South Korea rare earth metals market is driven by their critical role in manufacturing high-tech products such as electronics, renewable energy technologies, and defense systems. Dependence on rare earth metals for magnets, batteries, and catalysts in emerging technologies like electric vehicles and wind turbines fuels market demand. Efforts to diversify supply chains and reduce dependency on imports also influence market dynamics.
Challenges in the South Korea rare earth metals market include supply chain vulnerabilities, geopolitical tensions, and environmental impact concerns associated with mining and processing. Diversifying sources of rare earth metals and promoting sustainable extraction practices are critical for ensuring long-term supply stability.
Government policies in South Korea related to the rare earth metals market focus on resource security, sustainable mining practices, and technological innovation in rare earth extraction and processing. This includes strategic partnerships with international suppliers, investment in recycling and recovery technologies, and regulatory frameworks to ensure environmental stewardship and responsible resource management.
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 South Korea Rare Earth Metals Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Rare Earth Metals Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Rare Earth Metals Market - Industry Life Cycle |
3.4 South Korea Rare Earth Metals Market - Porter's Five Forces |
3.5 South Korea Rare Earth Metals Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 South Korea Rare Earth Metals Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 South Korea 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, renewable energy, and electric vehicles. |
4.2.2 Growing government initiatives and investments in the development and production of rare earth metals. |
4.2.3 Rising awareness about the importance of rare earth metals in achieving sustainability and green technologies. |
4.3 Market Restraints |
4.3.1 Limited domestic production capabilities leading to dependence on imports for rare earth metals. |
4.3.2 Fluctuating prices of rare earth metals in the global market impacting the profitability of South Korean companies. |
4.3.3 Environmental concerns and regulations surrounding the mining and processing of rare earth metals. |
5 South Korea Rare Earth Metals Market Trends |
6 South Korea Rare Earth Metals Market, By Types |
6.1 South Korea Rare Earth Metals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Rare Earth Metals Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 South Korea Rare Earth Metals Market Revenues & Volume, By Cerium Oxide, 2018 - 2028F |
6.1.4 South Korea Rare Earth Metals Market Revenues & Volume, By Lanthanum Oxide, 2018 - 2028F |
6.1.5 South Korea Rare Earth Metals Market Revenues & Volume, By Neodymium Oxide, 2018 - 2028F |
6.1.6 South Korea Rare Earth Metals Market Revenues & Volume, By Yttrium Oxide, 2018 - 2028F |
6.1.7 South Korea Rare Earth Metals Market Revenues & Volume, By Praseodymium Oxide, 2018 - 2028F |
6.1.8 South Korea Rare Earth Metals Market Revenues & Volume, By Samarium Oxide, 2018 - 2028F |
6.1.9 South Korea Rare Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2018 - 2028F |
6.1.10 South Korea Rare Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2018 - 2028F |
6.2 South Korea Rare Earth Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Rare Earth Metals Market Revenues & Volume, By Permanent Magnets, 2018 - 2028F |
6.2.3 South Korea Rare Earth Metals Market Revenues & Volume, By Metal Alloys, 2018 - 2028F |
6.2.4 South Korea Rare Earth Metals Market Revenues & Volume, By Glass Polishing, 2018 - 2028F |
6.2.5 South Korea Rare Earth Metals Market Revenues & Volume, By Glass Additives, 2018 - 2028F |
6.2.6 South Korea Rare Earth Metals Market Revenues & Volume, By Catalysts, 2018 - 2028F |
6.2.7 South Korea Rare Earth Metals Market Revenues & Volume, By Phosphors, 2018 - 2028F |
6.2.8 South Korea Rare Earth Metals Market Revenues & Volume, By Others, 2018 - 2028F |
6.2.9 South Korea Rare Earth Metals Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Rare Earth Metals Market Import-Export Trade Statistics |
7.1 South Korea Rare Earth Metals Market Export to Major Countries |
7.2 South Korea Rare Earth Metals Market Imports from Major Countries |
8 South Korea Rare Earth Metals Market Key Performance Indicators |
8.1 Research and development investments in new rare earth metal technologies. |
8.2 Number of partnerships and collaborations with international rare earth metal suppliers. |
8.3 Percentage of rare earth metals sourced from sustainable and ethical suppliers. |
8.4 Adoption rate of rare earth metal recycling initiatives. |
8.5 Number of patents filed for rare earth metal innovations. |
9 South Korea Rare Earth Metals Market - Opportunity Assessment |
9.1 South Korea Rare Earth Metals Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 South Korea Rare Earth Metals Market Opportunity Assessment, By Application, 2021 & 2028F |
10 South Korea Rare Earth Metals Market - Competitive Landscape |
10.1 South Korea Rare Earth Metals Market Revenue Share, By Companies, 2021 |
10.2 South Korea Rare Earth Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |