세계의 란타넘 시장 예측(-2032년) : 제품 유형, 형태, 등급, 용도, 최종사용자, 지역별 분석

According to Stratistics MRC, the Global Lanthanum Market is accounted for $76.38 billion in 2025 and is expected to reach $132.62 billion by 2032 growing at a CAGR of 8.2% during the forecast period. Lanthanum is a silvery-white, soft metal classified among the rare earth elements. Known for its malleability and ductility, it has a lower melting point than many metals. Chemically, it reacts easily with air and water. This element is widely utilized in creating superior optical lenses, serving as a catalyst in refining petroleum, and in producing battery electrodes, particularly for nickel-metal hydride batteries. Additionally, lanthanum finds uses in glass manufacturing and lighting applications.

According to the International Energy Agency (IEA), global battery demand surged in 2023 due to a 40% rise in EV sales across the U.S. and Europe.

Market Dynamics:

Driver:

Growing electric and hybrid vehicle production

Lanthanum is a key component in nickel-metal hydride (NiMH) batteries, widely used in hybrid models. As the automotive industry pivots toward cleaner propulsion systems, lanthanum's role in catalytic converters and fuel cells is becoming more prominent. Technological innovations in lightweight energy storage and thermal management are enhancing its utility. Emerging vehicle architectures increasingly rely on rare earth elements for performance optimization. This shift is expected to sustain robust growth in lanthanum consumption across mobility platforms.

Restraint:

Complex and expensive extraction process

Extracting lanthanum from mixed rare earth ores involves sophisticated separation techniques that are both costly and environmentally taxing. The process demands advanced equipment and chemical treatments, which elevate production expenses and limit scalability. Regulatory pressures around ecological impact and waste management further complicate operations. Smaller producers often lack access to efficient refining technologies, slowing market entry. Although experimental methods like bioleaching and plasma separation show promise, they remain commercially unviable. These challenges collectively constrain supply expansion and pose risks to long-term availability.

Opportunity:

Technological advancements in niche applications

Advances in nanostructured lanthanum oxides are enabling high-efficiency catalysts and dielectric layers for electronics. The growth of smart glass and adaptive lenses is expanding its use in optical technologies. In healthcare, lanthanum carbonate is increasingly used for managing phosphate levels in renal patients. Research into lanthanum-enhanced ceramics and superconducting materials is accelerating, driven by miniaturization trends. These niche applications offer high-value opportunities and are expected to diversify lanthanum's end-use portfolio.

Threat:

Competition from substitute materials

Lanthanum faces mounting competition from substitutes like lithium, cerium, and synthetic compounds that offer similar functionality at lower cost. Lithium-ion batteries are overtaking NiMH systems due to superior energy density and scalability. In optics and catalysis, zirconium and titanium-based materials are being adopted to reduce rare earth dependency. Multifunctional composites are also emerging, bypassing the need for lanthanum in certain applications. Sustainability goals are prompting industries to explore recyclable and abundant alternatives.

Covid-19 Impact:

The pandemic disrupted lanthanum supply chains, particularly affecting mining operations and international logistics. Reduced industrial activity led to a temporary decline in demand from automotive and electronics sectors. However, the crisis accelerated adoption of digital diagnostics and imaging technologies, indirectly boosting lanthanum usage. Governments responded with stimulus measures and strategic stockpiling to stabilize rare earth supply. Post-pandemic recovery is marked by renewed investment in domestic refining and automation. The focus on supply chain resilience and decentralized sourcing is reshaping lanthanum market dynamics.

The technical grade segment is expected to be the largest during the forecast period

The technical grade segment is expected to account for the largest market share during the forecast period, due to its broad utility in catalysts, polishing agents, and battery alloys. Its consistent performance across industrial applications makes it a preferred choice for manufacturers. Improvements in purification processes are enhancing product quality and expanding use cases. Demand remains strong in automotive, electronics, and glass sectors. Emerging uses in superconductors and dielectric coatings are further reinforcing its market position. As industries seek reliable and high-purity inputs, technical grade lanthanum is expected to maintain its leadership.

The energy & batteries segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the energy & batteries segment is predicted to witness the highest growth rate, driven by lanthanum's critical role in NiMH batteries and fuel cell technologies. Electrification trends across transport and grid systems are amplifying demand for lanthanum-based energy solutions. Innovations in solid-state batteries and lanthanum-doped electrodes are expanding its application scope. Government incentives for clean energy adoption are supporting segment expansion. Research into hybrid power systems and portable energy devices is accelerating.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, supported by strong manufacturing capabilities and abundant rare earth reserves. China leads global production and downstream processing, while countries like India and Japan are scaling up demand. Regional growth is driven by rapid industrialization, EV adoption, and electronics manufacturing. Strategic investments in refining infrastructure and export controls are reinforcing market leadership. Government-backed initiatives are promoting local sourcing and technology transfer.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, fueled by innovation and strategic resource diversification. The U.S. is investing in domestic rare earth mining and recycling to reduce import dependency. Lanthanum is gaining traction in advanced batteries, aerospace coatings, and medical imaging. Regulatory reforms are streamlining approvals and encouraging private-sector participation. Emerging technologies include AI-driven material discovery and additive manufacturing using lanthanum compounds. As sustainability and national security concerns grow, North America is accelerating its lanthanum market development.

Key players in the market

Some of the key players in Lanthanum Market include China Northern Rare Earth Group, Rainbow Rare Earths, China Minmetals Rare Earth Co., Sumitomo Metal Mining, China Baotou Rare Earth Group, Rare Element Resources, Shenghe Resources, Neo Performance Materials, Jiangxi Ganzhou Rare Earth Group, Alkane Resources, Lynas Rare Earths, Australian Strategic Materials (ASM), MP Materials, Arafura Rare Earths, and Iluka Resources.

Key Developments:

In October 2025, Sumitomo Metal Mining Co., Ltd. and Toyota Motor Corporation have entered into a joint development agreement for the mass production of cathode materials for all-solid-state batteries to be installed in battery electric vehicles (BEVs). The two companies will advance development through this collaboration.

Product Types Covered:

• Lanthanum metal
• Lanthanum oxide (La2O3)
• Lanthanum carbonate
• Lanthanum nitrate & chloride
• Other Product Types

Forms Covered:

• Powder
• Granules
• Ingots
• Suspensions

Grades Covered:

• Technical Grade
• High-Purity Grade
• Battery-Grade
• Pharmaceutical Grade

Applications Covered:

• Surface Water Monitoring
• Groundwater Monitoring
• Drinking Water Monitoring
• Wastewater Monitoring

End Users Covered:

• Automotive
• Electronics & Semiconductors
• Energy & Batteries
• Glass & Construction
• Chemical & Petrochemical
• Healthcare & Pharmaceuticals
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Lanthanum Market, By Product Type

• 5.1 Introduction
• 5.2 Lanthanum metal
• 5.3 Lanthanum oxide (La2O3)
• 5.4 Lanthanum carbonate
• 5.5 Lanthanum nitrate & chloride
• 5.6 Other Product Types

6 Global Lanthanum Market, By Form

• 6.1 Introduction
• 6.2 Powder
• 6.3 Granules
• 6.4 Ingots
• 6.5 Suspensions

7 Global Lanthanum Market, By Grade

• 7.1 Introduction
• 7.2 Technical Grade
• 7.3 High-Purity Grade
• 7.4 Battery-Grade
• 7.5 Pharmaceutical Grade

8 Global Lanthanum Market, By Application

• 8.1 Introduction
• 8.2 Catalysts
• 8.3 Glass & Ceramics
• 8.4 Polishing Agents
• 8.5 Metallurgy & Alloys
• 8.6 Lighting & Phosphors
• 8.7 Batteries
• 8.8 Electronics & Optics
• 8.9 Chemical Intermediates & Reagents
• 8.10 Other Applications

9 Global Lanthanum Market, By End User

• 9.1 Introduction
• 9.2 Automotive
• 9.3 Electronics & Semiconductors
• 9.4 Energy & Batteries
• 9.5 Glass & Construction
• 9.6 Chemical & Petrochemical
• 9.7 Healthcare & Pharmaceuticals
• 9.9 Other End Users

10 Global Lanthanum Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 China Northern Rare Earth Group
• 12.2 Rainbow Rare Earths
• 12.3 China Minmetals Rare Earth Co.
• 12.4 Sumitomo Metal Mining
• 12.5 China Baotou Rare Earth Group
• 12.6 Rare Element Resources
• 12.7 Shenghe Resources
• 12.8 Neo Performance Materials
• 12.9 Jiangxi Ganzhou Rare Earth Group
• 12.10 Alkane Resources
• 12.11 Lynas Rare Earths
• 12.12 Australian Strategic Materials (ASM)
• 12.13 MP Materials
• 12.14 Arafura Rare Earths
• 12.15 Iluka Resources