The medium – long time rare earth demand forecast is important issue in order to create the material security strategy for enhancement of the global economic growth and implementation of innovation. In recent studies, there are several researches of medium – long term rare earth demand forecast, such as DOE (U.S. Department of Energy), Roskill, NIMS (National Institute for Material Science), and other researches by Yale University, MIT, and Tokyo University. Therefore, this paper aims to evaluate and compare these forecasts, focusing on data, method, and the results to clarify the trends of rare earth forecast. Moreover, this paper aims to introduce the new methodology of medium – long time demand forecast of dysprosium (Dy), a rare earth element, which being broadly used in automobiles, home appliances, HDD, etc. This new methodology of AIST is using ratio of dysprosium-carrying end-use products, weight ratio of dysprosium in end-use products, production of end-use products, which able to estimate quantitatively the influence of the strategies (for example, changes in recycling ratio or Dy ratio in end-use application). From the result, 740 (t/y) of domestic Dy demand was forecasted to be reduced, by producing Dy less permanent magnet and recycle in 2030. This new methodology was validated by evaluating the relationship between the future scenario of the Dyless strategy, and domestic Dy demand forecast. The result of this paper evidently confirms that rare earth demand forecast for each end use products is useful for strategy making of critical material security.
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