The use of rare earths in magnet applications is forecast to account for around two thirds of the global consumption value of these elements by 2028. Ceramics and glass applications are also expected to account for a considerable, yet lower, share of the value of rare earths consumed worldwide in that year.
Forecast rare earth element consumption value distribution worldwide in 2028, by application
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Argus Media. (January 24, 2019). Forecast rare earth element consumption value distribution worldwide in 2028, by application [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1060478/rare-earth-consumption-value-forecast-worldwide-by-application/
Argus Media. "Forecast rare earth element consumption value distribution worldwide in 2028, by application." Chart. January 24, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1060478/rare-earth-consumption-value-forecast-worldwide-by-application/
Argus Media. (2019). Forecast rare earth element consumption value distribution worldwide in 2028, by application. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1060478/rare-earth-consumption-value-forecast-worldwide-by-application/
Argus Media. "Forecast Rare Earth Element Consumption Value Distribution Worldwide in 2028, by Application." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1060478/rare-earth-consumption-value-forecast-worldwide-by-application/
Argus Media, Forecast rare earth element consumption value distribution worldwide in 2028, by application Statista, https://www.statista.com/statistics/1060478/rare-earth-consumption-value-forecast-worldwide-by-application/ (last visited December 21, 2024)
Forecast rare earth element consumption value distribution worldwide in 2028, by application [Graph], Argus Media, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1060478/rare-earth-consumption-value-forecast-worldwide-by-application/