+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Rare Earth Magnet Global Market Report 2025

  • PDF Icon

    Report

  • 175 Pages
  • January 2025
  • Region: Global
  • The Business Research Company
  • ID: 6103831
The rare earth magnet market size has grown strongly in recent years. It will grow from $17.74 billion in 2024 to $19.2 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth during the historic period can be attributed to factors such as the rising demand for electric vehicles, the expansion of the renewable energy sector, increasing industrial automation, military and defense applications, and the growth of consumer electronics.

The rare earth magnet market size is expected to see strong growth in the next few years. It will grow to $26.02 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. Growth in the forecast period can be attributed to the increasing demand for high-efficiency motors, rising investments in electric vehicle infrastructure, the growing adoption of rare earth magnets in robotics, advancements in manufacturing techniques, and the rising need for stronger and more durable magnets in medical devices. Key trends in the forecast period include the development of alternative magnetic materials, the shift toward magnet recycling to reduce environmental impact, advancements in magnet manufacturing technology, innovations in wind energy generation, and the integration of AI and automation in magnet manufacturing.

The growing adoption of electric vehicles is expected to drive the expansion of the rare earth magnet market. Electric vehicles are powered by electric motors that run on energy stored in rechargeable batteries. The rise in electric vehicle adoption is largely driven by increasing environmental concerns, with both consumers and governments seeking to reduce carbon emissions and dependence on fossil fuels, leading to a shift toward cleaner, more sustainable transportation options. Rare earth magnets play a crucial role in electric vehicles by enabling powerful, compact electric motors that enhance energy efficiency and vehicle performance. For example, in January 2024, the U.S. Energy Information Administration, a government agency, reported that combined sales of hybrid, plug-in hybrid, and battery electric vehicles accounted for 16.3% of total U.S. light-duty vehicle sales in 2023, up from 12.9% in 2022, indicating a significant shift toward electrified transportation. As a result, the growing adoption of electric vehicles is contributing to the growth of the rare earth magnet market.

Companies in the rare earth magnet market are increasingly focusing on integrating innovative technologies, such as advanced artificial intelligence (AI), to boost production efficiency, enhance product quality, and optimize supply chain management. AI technologies play a key role by improving the design and production processes, predicting material behavior, and enhancing manufacturing operations. For instance, AI can help with precise material modeling, reduce waste, and ensure the production of higher-quality magnets. In June 2024, UK-based Materials Nexus Limited, specializing in AI-driven material discovery, announced the development of MagNex - a rare earth-free permanent magnet created in just three months using its AI-powered platform. This innovation, developed in collaboration with the Henry Royce Institute and the University of Sheffield, offers a more sustainable alternative to traditional magnets, with an 80% reduction in production costs and a 70% decrease in carbon emissions. MagNex is particularly suited for high-demand industries such as electric vehicles, wind turbines, robotics, and drones.

In April 2025, Realloys Inc., a U.S.-based manufacturing company, acquired PMT Critical Metals for an undisclosed sum. This acquisition aims to solidify Realloys' position as a key supplier of high-performance magnet materials for U.S. protected markets, including the National Defense Stockpiles, Defense Industrial Base, and Nuclear Industrial Base. PMT Critical Metals specializes in producing rare earth magnets, which are essential for various high-tech and clean energy applications.

Major players in the rare earth magnet market are Shin-Etsu Chemical Co. Ltd., TDK Corporation, Hitachi Metals, China Northern Rare Earth Group, Beijing Zhong Ke Magnetic Materials, Zhong Ke San Huan High-Tech Co., Ningbo Yunsheng Co. Ltd., Lynas Rare Earths Ltd., MP Materials Corp., Arnold Magnetic Technologies, Bunting Magnetics Co., Goudsmit Magnetics, Eclipse Magnetics Ltd., Electron Energy Corporation, Toshiba Materials Co. Ltd., Adams Magnetic Products, Shenzhen Zhaobao Magnet Co Ltd., Dura Magnetics Inc., Magnet Applications Inc., Ucore Rare Metals Inc., Rare Element Resources Ltd, and Earth-Panda Advance Magnetic Material Co. Ltd.

North America was the largest region in the rare earth magnet market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in rare earth magnet report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the rare earth magnet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Rare earth magnets are powerful permanent magnets made from alloys that include rare earth elements. Known for their exceptionally high magnetic strength and efficiency, these magnets are essential in modern technologies due to their ability to retain strong magnetism in compact sizes. They are widely used in advanced electronics, medical equipment, and renewable energy systems.

The main types of rare earth magnets include sintered neodymium-iron-boron, bonded neodymium-iron-boron, samarium-cobalt, praseodymium-neodymium-iron-boron, and dysprosium-neodymium-iron-boron. Sintered NdFeB magnets, produced through powder metallurgy, are high-strength permanent magnets commonly used in demanding applications such as motors, turbines, and data storage. These magnets are available in various grades - high-performance, mid-performance, and low-performance - and are utilized across numerous industries, including automotive, consumer electronics, energy, healthcare, industrial equipment, and others.

The rare earth magnet market research report is one of a series of new reports that provides rare earth magnet market statistics, including rare earth magnet industry global market size, regional shares, competitors with a rare earth magnet market share, rare earth magnet market segments, market trends, and opportunities, and any further data you may need to thrive in the rare earth magnet industry. This rare earth magnet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rare earth magnet market consists of sales of neodymium (NdFeB) magnets, samarium-cobalt (SmCo) magnets, cerium magnets, alnico magnets, bonded rare earth magnets, sintered rare earth magnets, and magnetostrictive materials. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Rare Earth Magnet Market Characteristics3. Rare Earth Magnet Market Trends And Strategies4. Rare Earth Magnet Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Rare Earth Magnet Growth Analysis And Strategic Analysis Framework
5.1. Global Rare Earth Magnet PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Rare Earth Magnet Market Growth Rate Analysis
5.4. Global Rare Earth Magnet Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Rare Earth Magnet Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Rare Earth Magnet Total Addressable Market (TAM)
6. Rare Earth Magnet Market Segmentation
6.1. Global Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Sintered Neodymium-Iron-Boron
  • Bonded Neodymium-Iron-Boron
  • Samarium-Cobalt
  • Praseodymium-Neodymium-Iron-Boron
  • Dysprosium-Neodymium-Iron-Boron
6.2. Global Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • High-Performance
  • Mid-Performance
  • Low-Performance
6.3. Global Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Automotive
  • Consumer Electronics
  • Energy
  • Healthcare
  • Industrial Equipment
  • Other End Users
6.4. Global Rare Earth Magnet Market, Sub-Segmentation Of Sintered Neodymium-Iron-Boron (NdFeB), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • High Coercivity Grades
  • High Remanence Grades
  • High Operating Temperature Grades
  • Low Dysprosium Content Grades
6.5. Global Rare Earth Magnet Market, Sub-Segmentation Of Bonded Neodymium-Iron-Boron (NdFeB), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Compression Molded
  • Injection Molded
  • Extrusion Molded
  • Calendared
6.6. Global Rare Earth Magnet Market, Sub-Segmentation Of Samarium-Cobalt (SmCo), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Samarium-Cobalt 5 (SmCo5)
  • Samarium-Cobalt 17 (Sm2Co17)
6.7. Global Rare Earth Magnet Market, Sub-Segmentation Of Praseodymium-Neodymium-Iron-Boron (Pr-NdFeB), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • High Magnetic Energy Product
  • Corrosion-Resistant Grades
  • Low-Temperature Coefficient Grades
6.8. Global Rare Earth Magnet Market, Sub-Segmentation Of Dysprosium-Neodymium-Iron-Boron (Dy-NdFeB), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • High Thermal Stability Grades
  • Heavy Rare Earth Free Alternatives
  • Dy-Coated Microstructure Grades
7. Rare Earth Magnet Market Regional And Country Analysis
7.1. Global Rare Earth Magnet Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Rare Earth Magnet Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Rare Earth Magnet Market
8.1. Asia-Pacific Rare Earth Magnet Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Rare Earth Magnet Market
9.1. China Rare Earth Magnet Market Overview
9.2. China Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Rare Earth Magnet Market
10.1. India Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Rare Earth Magnet Market
11.1. Japan Rare Earth Magnet Market Overview
11.2. Japan Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Rare Earth Magnet Market
12.1. Australia Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Rare Earth Magnet Market
13.1. Indonesia Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Rare Earth Magnet Market
14.1. South Korea Rare Earth Magnet Market Overview
14.2. South Korea Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Rare Earth Magnet Market
15.1. Western Europe Rare Earth Magnet Market Overview
15.2. Western Europe Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Rare Earth Magnet Market
16.1. UK Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Rare Earth Magnet Market
17.1. Germany Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Rare Earth Magnet Market
18.1. France Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Rare Earth Magnet Market
19.1. Italy Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Rare Earth Magnet Market
20.1. Spain Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Rare Earth Magnet Market
21.1. Eastern Europe Rare Earth Magnet Market Overview
21.2. Eastern Europe Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Rare Earth Magnet Market
22.1. Russia Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Rare Earth Magnet Market
23.1. North America Rare Earth Magnet Market Overview
23.2. North America Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Rare Earth Magnet Market
24.1. USA Rare Earth Magnet Market Overview
24.2. USA Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Rare Earth Magnet Market
25.1. Canada Rare Earth Magnet Market Overview
25.2. Canada Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Rare Earth Magnet Market
26.1. South America Rare Earth Magnet Market Overview
26.2. South America Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Rare Earth Magnet Market
27.1. Brazil Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Rare Earth Magnet Market
28.1. Middle East Rare Earth Magnet Market Overview
28.2. Middle East Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Rare Earth Magnet Market
29.1. Africa Rare Earth Magnet Market Overview
29.2. Africa Rare Earth Magnet Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Rare Earth Magnet Market, Segmentation By Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Rare Earth Magnet Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Rare Earth Magnet Market Competitive Landscape And Company Profiles
30.1. Rare Earth Magnet Market Competitive Landscape
30.2. Rare Earth Magnet Market Company Profiles
30.2.1. Shin-Etsu Chemical Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. TDK Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Hitachi Metals Overview, Products and Services, Strategy and Financial Analysis
30.2.4. China Northern Rare Earth Group Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Beijing Zhong Ke Magnetic Materials Overview, Products and Services, Strategy and Financial Analysis
31. Rare Earth Magnet Market Other Major And Innovative Companies
31.1. Zhong Ke San Huan High-Tech Co.
31.2. Ningbo Yunsheng Co. Ltd.
31.3. Lynas Rare Earths Ltd.
31.4. MP Materials Corp.
31.5. Arnold Magnetic Technologies
31.6. Bunting Magnetics Co.
31.7. Goudsmit Magnetics
31.8. Eclipse Magnetics Ltd.
31.9. Electron Energy Corporation
31.10. Toshiba Materials Co. Ltd.
31.11. Adams Magnetic Products
31.12. Shenzhen Zhaobao Magnet Co Ltd.
31.13. Dura Magnetics Inc.
31.14. Magnet Applications Inc.
31.15. Ucore Rare Metals Inc.
32. Global Rare Earth Magnet Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Rare Earth Magnet Market34. Recent Developments In The Rare Earth Magnet Market
35. Rare Earth Magnet Market High Potential Countries, Segments and Strategies
35.1 Rare Earth Magnet Market In 2029 - Countries Offering Most New Opportunities
35.2 Rare Earth Magnet Market In 2029 - Segments Offering Most New Opportunities
35.3 Rare Earth Magnet Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Rare Earth Magnet Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on rare earth magnet market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for rare earth magnet ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The rare earth magnet market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product Type: Sintered Neodymium-Iron-Boron; Bonded Neodymium-Iron-Boron; Samarium-Cobalt; Praseodymium-Neodymium-Iron-Boron; Dysprosium-Neodymium-Iron-Boron
2) By Grade: High-Performance; Mid-Performance; Low-Performance
3) By End User: Automotive; Consumer Electronics; Energy; Healthcare; Industrial Equipment; Other End Users

Subsegments:

1) By Sintered Neodymium-Iron-Boron: High Coercivity Grades; High Remanence Grades; High Operating Temperature Grades; Low Dysprosium Content Grades
2) By Bonded Neodymium-Iron-Boron: Compression Molded; Injection Molded; Extrusion Molded; Calendared
3) By Samarium-Cobalt: Samarium-Cobalt 5 (SmCo5); Samarium-Cobalt 17 (Sm2Co17)
4) By Praseodymium-Neodymium-Iron-Boron: High Magnetic Energy Product; Corrosion-Resistant Grades; Low-Temperature Coefficient Grades
5) By Dysprosium-Neodymium-Iron-Boron: High Thermal Stability Grades; Heavy Rare Earth Free Alternatives; Dy-Coated Microstructure Grades

Key Companies Profiled: Shin-Etsu Chemical Co. Ltd.; TDK Corporation; Hitachi Metals; China Northern Rare Earth Group; Beijing Zhong Ke Magnetic Materials

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Shin-Etsu Chemical Co. Ltd.
  • TDK Corporation
  • Hitachi Metals
  • China Northern Rare Earth Group
  • Beijing Zhong Ke Magnetic Materials
  • Zhong Ke San Huan High-Tech Co.
  • Ningbo Yunsheng Co. Ltd.
  • Lynas Rare Earths Ltd.
  • MP Materials Corp.
  • Arnold Magnetic Technologies
  • Bunting Magnetics Co.
  • Goudsmit Magnetics
  • Eclipse Magnetics Ltd.
  • Electron Energy Corporation
  • Toshiba Materials Co. Ltd.
  • Adams Magnetic Products
  • Shenzhen Zhaobao Magnet Co Ltd.
  • Dura Magnetics Inc.
  • Magnet Applications Inc.
  • Ucore Rare Metals Inc.
  • Rare Element Resources Ltd
  • Earth-Panda Advance Magnetic Material Co. Ltd.