Global rare earth demand for automotive permanent magnets 2010-2025

Published by Statista Research Department, Nov 17, 2016
This statistic displays the demand for rare earths for permanent magnets in automotive applications worldwide in 2010 and 2015, with projected figures for 2020 and 2025. In 2015, the global demand for rare earths for permanent magnets to be used in automotive applications was some 12,500 metric tons. It is projected that this will increase to 65,500 metric tons in 2025.

Demand for rare earths in automotive permanent magnets worldwide from 2010 to 2025 (in metric tons)

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Release date

November 2016

Region

Worldwide

Survey time period

2010 and 2015

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