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Product Code LP091290948CVB
Published Date 2026/1/4
English160 PagesGlobal

Global Rare Earth Magnet Market Growth 2026-2032Materials_Chemicals Market


Report Thumbnail
Product Code LP091290948CVB◆An updated version may be available. We will check for you.
Published Date 2026/1/4
English 160 PagesGlobal

Global Rare Earth Magnet Market Growth 2026-2032Materials_Chemicals Market



Abstract


Summary

According to our LPI (LP Information) latest study, the global Rare Earth Magnet market size was valued at US$ 9811.8 million in 2025. With growing demand in downstream market, the Rare Earth Magnet is forecast to a readjusted size of US$ 14270 million by 2032 with a CAGR of 5.5% during review period.
The research report highlights the growth potential of the global Rare Earth Magnet market. Rare Earth Magnet are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Rare Earth Magnet. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Rare Earth Magnet market.
The rare earth permanent magnet material refers to an alloy formed of rare earth metal and a transition metal. This permanent magnet material made by a certain process is extremely magnetic and can be maintained for a long time. Rare earth magnets have been developed for four generations. The first and second generations are RE-Co permanent magnets, ie Co-based permanent magnets: the first generation as type 5 SmCo alloys (SmCo5) and the second generation as Rare-earth Sintered Magnet7 SmCo alloys (Sm2Co17). Since Sm reserve is scare, Co And Ni is also a valuable strategic metal, the first two generations of rare earth permanent magnets have not been widely used,their major market are only for the high-end military area. The third and fourth generation rare earth permanent magnets are RE-FE-B permanent magnets. It is the third generation - NdFeB alloy (Nd2Fe14B), also the most widely used rare earth permanent magnet; the fourth generation is Sm-Fe-N alloy. (Sm2Fe17N3), but Sm-Fe-N alloy has not yet entered the stage of commercial production.
China is the largest Rare Earth Magnet market with about 82% market share. Japan& South Korea is follower, accounting for about 10% market share.
The key players are Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, YSM, JL MAG, ZHmag, Jingci Material Science, AT&M, NBJJ, Innuovo Magnetics, SGM, Galaxy Magnetic, Zhejiang Zhongyuan Magnetic Industry Limited, Earth- Panda, Magsuper, Daido Electronics, Tianhe Magnetics etc. Top 3 companies occupied about 20% market share.
Key Features:
The report on Rare Earth Magnet market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Rare Earth Magnet market. It may include historical data, market segmentation by Type (e.g., Sintered Neodymium Magnet, Bonded Neodymium Magnet), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Rare Earth Magnet market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Rare Earth Magnet market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Rare Earth Magnet industry. This include advancements in Rare Earth Magnet technology, Rare Earth Magnet new entrants, Rare Earth Magnet new investment, and other innovations that are shaping the future of Rare Earth Magnet.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Rare Earth Magnet market. It includes factors influencing customer ' purchasing decisions, preferences for Rare Earth Magnet product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Rare Earth Magnet market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Rare Earth Magnet market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Rare Earth Magnet market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Rare Earth Magnet industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Rare Earth Magnet market.
Market Segmentation:
Rare Earth Magnet market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Other
Segmentation by application
EV
Other Automotive
Air Conditioning
Aerospace & Defense
Wind Energy
Consumer Goods & Electronics
Industrial Machinery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
AT&M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Industry Limited
Earth- Panda
Magsuper
Daido Electronics
Tianhe Magnetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rare Earth Magnet market?
What factors are driving Rare Earth Magnet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rare Earth Magnet market opportunities vary by end market size?
How does Rare Earth Magnet break out type, application?

Table of Contents

  • 1 Scope of the Report

    • 1.1 Market Introduction
    • 1.2 Years Considered
    • 1.3 Research Objectives
    • 1.4 Market Research Methodology
    • 1.5 Research Process and Data Source
    • 1.6 Economic Indicators
    • 1.7 Currency Considered
    • 1.8 Market Estimation Caveats
  • 2 Executive Summary

    • 2.1 World Market Overview
      • 2.1.1 Global Rare Earth Magnet Annual Sales 2021-2032
      • 2.1.2 World Current & Future Analysis for Rare Earth Magnet by Geographic Region, 2021, 2025 & 2032
      • 2.1.3 World Current & Future Analysis for Rare Earth Magnet by Country/Region, 2021, 2025 & 2032
    • 2.2 Rare Earth Magnet Segment by Type
      • 2.2.1 Sintered Neodymium Magnet
      • 2.2.2 Bonded Neodymium Magnet
      • 2.2.3 Other
    • 2.3 Rare Earth Magnet Sales by Type
      • 2.3.1 Global Rare Earth Magnet Sales Market Share by Type (2021-2026)
      • 2.3.2 Global Rare Earth Magnet Revenue and Market Share by Type (2021-2026)
      • 2.3.3 Global Rare Earth Magnet Sale Price by Type (2021-2026)
    • 2.4 Rare Earth Magnet Segment by Application
      • 2.4.1 EV
      • 2.4.2 Other Automotive
      • 2.4.3 Air Conditioning
      • 2.4.4 Aerospace & Defense
      • 2.4.5 Wind Energy
      • 2.4.6 Consumer Goods & Electronics
      • 2.4.7 Industrial Machinery
      • 2.4.8 Others
    • 2.5 Rare Earth Magnet Sales by Application
      • 2.5.1 Global Rare Earth Magnet Sale Market Share by Application (2021-2026)
      • 2.5.2 Global Rare Earth Magnet Revenue and Market Share by Application (2021-2026)
      • 2.5.3 Global Rare Earth Magnet Sale Price by Application (2021-2026)
  • 3 Global Rare Earth Magnet by Company

    • 3.1 Global Rare Earth Magnet Breakdown Data by Company
      • 3.1.1 Global Rare Earth Magnet Annual Sales by Company (2021-2026)
      • 3.1.2 Global Rare Earth Magnet Sales Market Share by Company (2021-2026)
    • 3.2 Global Rare Earth Magnet Annual Revenue by Company (2021-2026)
      • 3.2.1 Global Rare Earth Magnet Revenue by Company (2021-2026)
      • 3.2.2 Global Rare Earth Magnet Revenue Market Share by Company (2021-2026)
    • 3.3 Global Rare Earth Magnet Sale Price by Company
    • 3.4 Key Manufacturers Rare Earth Magnet Producing Area Distribution, Sales Area, Product Type
      • 3.4.1 Key Manufacturers Rare Earth Magnet Product Location Distribution
      • 3.4.2 Players Rare Earth Magnet Products Offered
    • 3.5 Market Concentration Rate Analysis
      • 3.5.1 Competition Landscape Analysis
      • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2026)
    • 3.6 New Products and Potential Entrants
    • 3.7 Mergers & Acquisitions, Expansion
  • 4 World Historic Review for Rare Earth Magnet by Geographic Region

    • 4.1 World Historic Rare Earth Magnet Market Size by Geographic Region (2021-2026)
      • 4.1.1 Global Rare Earth Magnet Annual Sales by Geographic Region (2021-2026)
      • 4.1.2 Global Rare Earth Magnet Annual Revenue by Geographic Region (2021-2026)
    • 4.2 World Historic Rare Earth Magnet Market Size by Country/Region (2021-2026)
      • 4.2.1 Global Rare Earth Magnet Annual Sales by Country/Region (2021-2026)
      • 4.2.2 Global Rare Earth Magnet Annual Revenue by Country/Region (2021-2026)
    • 4.3 Americas Rare Earth Magnet Sales Growth
    • 4.4 APAC Rare Earth Magnet Sales Growth
    • 4.5 Europe Rare Earth Magnet Sales Growth
    • 4.6 Middle East & Africa Rare Earth Magnet Sales Growth
  • 5 Americas

    • 5.1 Americas Rare Earth Magnet Sales by Country
      • 5.1.1 Americas Rare Earth Magnet Sales by Country (2021-2026)
      • 5.1.2 Americas Rare Earth Magnet Revenue by Country (2021-2026)
    • 5.2 Americas Rare Earth Magnet Sales by Type
    • 5.3 Americas Rare Earth Magnet Sales by Application
    • 5.4 United States
    • 5.5 Canada
    • 5.6 Mexico
    • 5.7 Brazil
  • 6 APAC

    • 6.1 APAC Rare Earth Magnet Sales by Region
      • 6.1.1 APAC Rare Earth Magnet Sales by Region (2021-2026)
      • 6.1.2 APAC Rare Earth Magnet Revenue by Region (2021-2026)
    • 6.2 APAC Rare Earth Magnet Sales by Type
    • 6.3 APAC Rare Earth Magnet Sales by Application
    • 6.4 China
    • 6.5 Japan
    • 6.6 South Korea
    • 6.7 Southeast Asia
    • 6.8 India
    • 6.9 Australia
    • 6.10 China Taiwan
  • 7 Europe

    • 7.1 Europe Rare Earth Magnet by Country
      • 7.1.1 Europe Rare Earth Magnet Sales by Country (2021-2026)
      • 7.1.2 Europe Rare Earth Magnet Revenue by Country (2021-2026)
    • 7.2 Europe Rare Earth Magnet Sales by Type
    • 7.3 Europe Rare Earth Magnet Sales by Application
    • 7.4 Germany
    • 7.5 France
    • 7.6 UK
    • 7.7 Italy
    • 7.8 Russia
  • 8 Middle East & Africa

    • 8.1 Middle East & Africa Rare Earth Magnet by Country
      • 8.1.1 Middle East & Africa Rare Earth Magnet Sales by Country (2021-2026)
      • 8.1.2 Middle East & Africa Rare Earth Magnet Revenue by Country (2021-2026)
    • 8.2 Middle East & Africa Rare Earth Magnet Sales by Type
    • 8.3 Middle East & Africa Rare Earth Magnet Sales by Application
    • 8.4 Egypt
    • 8.5 South Africa
    • 8.6 Israel
    • 8.7 Turkey
    • 8.8 GCC Countries
  • 9 Market Drivers, Challenges and Trends

    • 9.1 Market Drivers & Growth Opportunities
    • 9.2 Market Challenges & Risks
    • 9.3 Industry Trends
  • 10 Manufacturing Cost Structure Analysis

    • 10.1 Raw Material and Suppliers
    • 10.2 Manufacturing Cost Structure Analysis of Rare Earth Magnet
    • 10.3 Manufacturing Process Analysis of Rare Earth Magnet
    • 10.4 Industry Chain Structure of Rare Earth Magnet
  • 11 Marketing, Distributors and Customer

    • 11.1 Sales Channel
      • 11.1.1 Direct Channels
      • 11.1.2 Indirect Channels
    • 11.2 Rare Earth Magnet Distributors
    • 11.3 Rare Earth Magnet Customer
  • 12 World Forecast Review for Rare Earth Magnet by Geographic Region

    • 12.1 Global Rare Earth Magnet Market Size Forecast by Region
      • 12.1.1 Global Rare Earth Magnet Forecast by Region (2027-2032)
      • 12.1.2 Global Rare Earth Magnet Annual Revenue Forecast by Region (2027-2032)
    • 12.2 Americas Forecast by Country
    • 12.3 APAC Forecast by Region
    • 12.4 Europe Forecast by Country
    • 12.5 Middle East & Africa Forecast by Country
    • 12.6 Global Rare Earth Magnet Forecast by Type
    • 12.7 Global Rare Earth Magnet Forecast by Application
  • 13 Key Players Analysis

    • 13.1 Hitachi Metals Group
      • 13.1.1 Hitachi Metals Group Company Information
      • 13.1.2 Hitachi Metals Group Rare Earth Magnet Product Portfolios and Specifications
      • 13.1.3 Hitachi Metals Group Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.1.4 Hitachi Metals Group Main Business Overview
      • 13.1.5 Hitachi Metals Group Latest Developments
    • 13.2 Shin-Etsu
      • 13.2.1 Shin-Etsu Company Information
      • 13.2.2 Shin-Etsu Rare Earth Magnet Product Portfolios and Specifications
      • 13.2.3 Shin-Etsu Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.2.4 Shin-Etsu Main Business Overview
      • 13.2.5 Shin-Etsu Latest Developments
    • 13.3 TDK
      • 13.3.1 TDK Company Information
      • 13.3.2 TDK Rare Earth Magnet Product Portfolios and Specifications
      • 13.3.3 TDK Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.3.4 TDK Main Business Overview
      • 13.3.5 TDK Latest Developments
    • 13.4 VAC
      • 13.4.1 VAC Company Information
      • 13.4.2 VAC Rare Earth Magnet Product Portfolios and Specifications
      • 13.4.3 VAC Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.4.4 VAC Main Business Overview
      • 13.4.5 VAC Latest Developments
    • 13.5 Beijing Zhong Ke San Huan Hi-Tech
      • 13.5.1 Beijing Zhong Ke San Huan Hi-Tech Company Information
      • 13.5.2 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Product Portfolios and Specifications
      • 13.5.3 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.5.4 Beijing Zhong Ke San Huan Hi-Tech Main Business Overview
      • 13.5.5 Beijing Zhong Ke San Huan Hi-Tech Latest Developments
    • 13.6 Yunsheng Company
      • 13.6.1 Yunsheng Company Company Information
      • 13.6.2 Yunsheng Company Rare Earth Magnet Product Portfolios and Specifications
      • 13.6.3 Yunsheng Company Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.6.4 Yunsheng Company Main Business Overview
      • 13.6.5 Yunsheng Company Latest Developments
    • 13.7 YSM
      • 13.7.1 YSM Company Information
      • 13.7.2 YSM Rare Earth Magnet Product Portfolios and Specifications
      • 13.7.3 YSM Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.7.4 YSM Main Business Overview
      • 13.7.5 YSM Latest Developments
    • 13.8 JL MAG
      • 13.8.1 JL MAG Company Information
      • 13.8.2 JL MAG Rare Earth Magnet Product Portfolios and Specifications
      • 13.8.3 JL MAG Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.8.4 JL MAG Main Business Overview
      • 13.8.5 JL MAG Latest Developments
    • 13.9 ZHmag
      • 13.9.1 ZHmag Company Information
      • 13.9.2 ZHmag Rare Earth Magnet Product Portfolios and Specifications
      • 13.9.3 ZHmag Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.9.4 ZHmag Main Business Overview
      • 13.9.5 ZHmag Latest Developments
    • 13.10 Jingci Material Science
      • 13.10.1 Jingci Material Science Company Information
      • 13.10.2 Jingci Material Science Rare Earth Magnet Product Portfolios and Specifications
      • 13.10.3 Jingci Material Science Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.10.4 Jingci Material Science Main Business Overview
      • 13.10.5 Jingci Material Science Latest Developments
    • 13.11 AT&M
      • 13.11.1 AT&M Company Information
      • 13.11.2 AT&M Rare Earth Magnet Product Portfolios and Specifications
      • 13.11.3 AT&M Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.11.4 AT&M Main Business Overview
      • 13.11.5 AT&M Latest Developments
    • 13.12 NBJJ
      • 13.12.1 NBJJ Company Information
      • 13.12.2 NBJJ Rare Earth Magnet Product Portfolios and Specifications
      • 13.12.3 NBJJ Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.12.4 NBJJ Main Business Overview
      • 13.12.5 NBJJ Latest Developments
    • 13.13 Innuovo Magnetics
      • 13.13.1 Innuovo Magnetics Company Information
      • 13.13.2 Innuovo Magnetics Rare Earth Magnet Product Portfolios and Specifications
      • 13.13.3 Innuovo Magnetics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.13.4 Innuovo Magnetics Main Business Overview
      • 13.13.5 Innuovo Magnetics Latest Developments
    • 13.14 SGM
      • 13.14.1 SGM Company Information
      • 13.14.2 SGM Rare Earth Magnet Product Portfolios and Specifications
      • 13.14.3 SGM Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.14.4 SGM Main Business Overview
      • 13.14.5 SGM Latest Developments
    • 13.15 Galaxy Magnetic
      • 13.15.1 Galaxy Magnetic Company Information
      • 13.15.2 Galaxy Magnetic Rare Earth Magnet Product Portfolios and Specifications
      • 13.15.3 Galaxy Magnetic Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.15.4 Galaxy Magnetic Main Business Overview
      • 13.15.5 Galaxy Magnetic Latest Developments
    • 13.16 Zhejiang Zhongyuan Magnetic Industry Limited
      • 13.16.1 Zhejiang Zhongyuan Magnetic Industry Limited Company Information
      • 13.16.2 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Product Portfolios and Specifications
      • 13.16.3 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.16.4 Zhejiang Zhongyuan Magnetic Industry Limited Main Business Overview
      • 13.16.5 Zhejiang Zhongyuan Magnetic Industry Limited Latest Developments
    • 13.17 Earth- Panda
      • 13.17.1 Earth- Panda Company Information
      • 13.17.2 Earth- Panda Rare Earth Magnet Product Portfolios and Specifications
      • 13.17.3 Earth- Panda Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.17.4 Earth- Panda Main Business Overview
      • 13.17.5 Earth- Panda Latest Developments
    • 13.18 Magsuper
      • 13.18.1 Magsuper Company Information
      • 13.18.2 Magsuper Rare Earth Magnet Product Portfolios and Specifications
      • 13.18.3 Magsuper Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.18.4 Magsuper Main Business Overview
      • 13.18.5 Magsuper Latest Developments
    • 13.19 Daido Electronics
      • 13.19.1 Daido Electronics Company Information
      • 13.19.2 Daido Electronics Rare Earth Magnet Product Portfolios and Specifications
      • 13.19.3 Daido Electronics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.19.4 Daido Electronics Main Business Overview
      • 13.19.5 Daido Electronics Latest Developments
    • 13.20 Tianhe Magnetics
      • 13.20.1 Tianhe Magnetics Company Information
      • 13.20.2 Tianhe Magnetics Rare Earth Magnet Product Portfolios and Specifications
      • 13.20.3 Tianhe Magnetics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.20.4 Tianhe Magnetics Main Business Overview
      • 13.20.5 Tianhe Magnetics Latest Developments
  • 14 Research Findings and Conclusion

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