This statistic displays an estimation of the CAGR (compound annual growth rate) of the rare earth demand globally in 2014, by application. During this time, the fluid catalytic cracking industry's rare earth demand is estimated to have a CAGR of some eight percent.
Estimated CAGR of rare earth demand globally between 2014 and 2018, by application
Characteristic
Compound annual growth rate
NiMH batteries
10.1%
Permanent magnets
9.7%
Fluid catalytic cracking
8%
Total
6.5%
Autocatalysts
5.9%
Polishing
4.2%
Metallurgy
3%
Phosphors
-1.2%
Other
3.6%
-1%0%1%2%3%4%5%6%7%8%9%10%11%-2%12%
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Zimtu Capital. (October 1, 2014). Estimated CAGR of rare earth demand globally between 2014 and 2018, by application [Graph]. In Statista. Retrieved April 03, 2025, from https://www.statista.com/statistics/449749/rare-earth-industry-estimated-cagr-demand-globally-by-application/
Zimtu Capital. "Estimated CAGR of rare earth demand globally between 2014 and 2018, by application." Chart. October 1, 2014. Statista. Accessed April 03, 2025. https://www.statista.com/statistics/449749/rare-earth-industry-estimated-cagr-demand-globally-by-application/
Zimtu Capital. (2014). Estimated CAGR of rare earth demand globally between 2014 and 2018, by application. Statista. Statista Inc.. Accessed: April 03, 2025. https://www.statista.com/statistics/449749/rare-earth-industry-estimated-cagr-demand-globally-by-application/
Zimtu Capital. "Estimated Cagr of Rare Earth Demand Globally between 2014 and 2018, by Application." Statista, Statista Inc., 1 Oct 2014, https://www.statista.com/statistics/449749/rare-earth-industry-estimated-cagr-demand-globally-by-application/
Zimtu Capital, Estimated CAGR of rare earth demand globally between 2014 and 2018, by application Statista, https://www.statista.com/statistics/449749/rare-earth-industry-estimated-cagr-demand-globally-by-application/ (last visited April 03, 2025)
Estimated CAGR of rare earth demand globally between 2014 and 2018, by application [Graph], Zimtu Capital, October 1, 2014. [Online]. Available: https://www.statista.com/statistics/449749/rare-earth-industry-estimated-cagr-demand-globally-by-application/
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