Product Code: ETC008760 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) Rare Earth & Products market is estimated to register a CAGR of 8.8% during the forecast period 2025-2031. The country has abundant reserves of rare earth minerals and metals such as neodymium, europium, cerium, lanthanum and yttrium with an estimated value of AED 2 trillion in 2025. This has increased the demand for rare earth products from various industries including automotive, electronics and aerospace due to their superior properties such as high temperature stability and corrosion resistance etc. With growing technological advancements in these sectors coupled with rising consumer preferences for green energy solutions have significantly propelled growth opportunities in this region over the forecast period
There are several trends that can be seen across UAE Rare Earth & Products Market which include increasing focus on sustainable technologies through clean energy sources; R&D initiatives by academic institutions; development of new extraction techniques for efficient utilization of resources; decreasing cost associated with production processes; government investments towards renewable energy projects etc. All these factors will drive the growth of this market during the forecast period 2025-2031
Government policies play a major role when it comes to driving growth in any sector or industry. In UAE case, there has been huge emphasis placed on developing innovative technologies related to clean energy source like solar power generation along with other incentives such as tax exemptions provided for companies investing in research activities related to rare earth elements extraction process among others. Moreover , rising environmental concerns have brought forth regulations pertaining to usage of conventional energies leading customers towards renewable sources thereby creating opportunity within this space. Furthermore , expanding base applications relative to medical equipment???s , electronic components & automotive parts further add up revenue stream thus propelling overall sales figures contributing positively towards market size expansion over next 5 years
The main challenge faced by this industry is procuring raw materials at competitive prices due complex geopolitical conditions associated with mining operations which involves many countries whose interests may not align always resulting difficulty while managing supply chain network often causing delays or disruption in delivery schedules affecting production cycles adversely resulting into lower profits margins ultimately impacting bottom line negatively. Apart from that , since most extracting processes involve hazardous chemicals/gases thus there is need proper disposal mechanisms limiting possible contamination levels preventing potential harm caused due extreme exposure further adding additional costs onto operational budget hampering profitability ratios
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 United Arab Emirates (UAE) Rare Earth & Products Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Rare Earth & Products Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Rare Earth & Products Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United Arab Emirates (UAE) Rare Earth & Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Rare Earth & Products Market Trends |
6 United Arab Emirates (UAE) Rare Earth & Products Market, By Types |
6.1 United Arab Emirates (UAE) Rare Earth & Products Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Cerium, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Dysprosium, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Erbium, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Europium, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Gadolinium, 2021-2031F |
6.1.8 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Holmium, 2021-2031F |
6.1.9 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Rare Earth & Products Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Magnets, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Catalysts, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Metallurgy, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Polishing, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Glass, 2021-2031F |
6.2.7 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Phosphors, 2021-2031F |
6.2.8 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 United Arab Emirates (UAE) Rare Earth & Products Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Rare Earth & Products Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Rare Earth & Products Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Rare Earth & Products Market Imports from Major Countries |
8 United Arab Emirates (UAE) Rare Earth & Products Market Key Performance Indicators |
9 United Arab Emirates (UAE) Rare Earth & Products Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Rare Earth & Products Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Rare Earth & Products Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United Arab Emirates (UAE) Rare Earth & Products Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Rare Earth & Products Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Rare Earth & Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |