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Global Rare Earth Magnet Market Research Report 2024

Global Rare Earth Magnet Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1598147

No of Pages : 128

Synopsis
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.
The global Rare Earth Magnet market was valued at US$ 10030 million in 2023 and is anticipated to reach US$ 14460 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Rare Earth Magnet, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rare Earth Magnet.
Report Scope
The Rare Earth Magnet market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Rare Earth Magnet market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Rare Earth Magnet manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Other
Segment by Application
EV
Other Automotive
Air Conditioning
Aerospace & Defense
Wind Energy
Consumer Goods & Electronics
Industrial Machinery
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Rare Earth Magnet manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Rare Earth Magnet by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Rare Earth Magnet in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Rare Earth Magnet Market Overview
1.1 Product Definition
1.2 Rare Earth Magnet Segment by Type
1.2.1 Global Rare Earth Magnet Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Sintered Neodymium Magnet
1.2.3 Bonded Neodymium Magnet
1.2.4 Other
1.3 Rare Earth Magnet Segment by Application
1.3.1 Global Rare Earth Magnet Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 EV
1.3.3 Other Automotive
1.3.4 Air Conditioning
1.3.5 Aerospace & Defense
1.3.6 Wind Energy
1.3.7 Consumer Goods & Electronics
1.3.8 Industrial Machinery
1.3.9 Others
1.4 Global Market Growth Prospects
1.4.1 Global Rare Earth Magnet Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Rare Earth Magnet Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Rare Earth Magnet Production Estimates and Forecasts (2019-2030)
1.4.4 Global Rare Earth Magnet Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Rare Earth Magnet Production Market Share by Manufacturers (2019-2024)
2.2 Global Rare Earth Magnet Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Rare Earth Magnet, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Rare Earth Magnet Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Rare Earth Magnet Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Rare Earth Magnet, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Rare Earth Magnet, Product Offered and Application
2.8 Global Key Manufacturers of Rare Earth Magnet, Date of Enter into This Industry
2.9 Rare Earth Magnet Market Competitive Situation and Trends
2.9.1 Rare Earth Magnet Market Concentration Rate
2.9.2 Global 5 and 10 Largest Rare Earth Magnet Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Rare Earth Magnet Production by Region
3.1 Global Rare Earth Magnet Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Rare Earth Magnet Production Value by Region (2019-2030)
3.2.1 Global Rare Earth Magnet Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Rare Earth Magnet by Region (2025-2030)
3.3 Global Rare Earth Magnet Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Rare Earth Magnet Production by Region (2019-2030)
3.4.1 Global Rare Earth Magnet Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Rare Earth Magnet by Region (2025-2030)
3.5 Global Rare Earth Magnet Market Price Analysis by Region (2019-2024)
3.6 Global Rare Earth Magnet Production and Value, Year-over-Year Growth
3.6.1 North America Rare Earth Magnet Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Rare Earth Magnet Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Rare Earth Magnet Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Rare Earth Magnet Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Rare Earth Magnet Production Value Estimates and Forecasts (2019-2030)
4 Rare Earth Magnet Consumption by Region
4.1 Global Rare Earth Magnet Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Rare Earth Magnet Consumption by Region (2019-2030)
4.2.1 Global Rare Earth Magnet Consumption by Region (2019-2024)
4.2.2 Global Rare Earth Magnet Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Rare Earth Magnet Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Rare Earth Magnet Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Rare Earth Magnet Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Rare Earth Magnet Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Rare Earth Magnet Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Rare Earth Magnet Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Rare Earth Magnet Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Rare Earth Magnet Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Rare Earth Magnet Production by Type (2019-2030)
5.1.1 Global Rare Earth Magnet Production by Type (2019-2024)
5.1.2 Global Rare Earth Magnet Production by Type (2025-2030)
5.1.3 Global Rare Earth Magnet Production Market Share by Type (2019-2030)
5.2 Global Rare Earth Magnet Production Value by Type (2019-2030)
5.2.1 Global Rare Earth Magnet Production Value by Type (2019-2024)
5.2.2 Global Rare Earth Magnet Production Value by Type (2025-2030)
5.2.3 Global Rare Earth Magnet Production Value Market Share by Type (2019-2030)
5.3 Global Rare Earth Magnet Price by Type (2019-2030)
6 Segment by Application
6.1 Global Rare Earth Magnet Production by Application (2019-2030)
6.1.1 Global Rare Earth Magnet Production by Application (2019-2024)
6.1.2 Global Rare Earth Magnet Production by Application (2025-2030)
6.1.3 Global Rare Earth Magnet Production Market Share by Application (2019-2030)
6.2 Global Rare Earth Magnet Production Value by Application (2019-2030)
6.2.1 Global Rare Earth Magnet Production Value by Application (2019-2024)
6.2.2 Global Rare Earth Magnet Production Value by Application (2025-2030)
6.2.3 Global Rare Earth Magnet Production Value Market Share by Application (2019-2030)
6.3 Global Rare Earth Magnet Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hitachi Metals Group
7.1.1 Hitachi Metals Group Rare Earth Magnet Corporation Information
7.1.2 Hitachi Metals Group Rare Earth Magnet Product Portfolio
7.1.3 Hitachi Metals Group Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hitachi Metals Group Main Business and Markets Served
7.1.5 Hitachi Metals Group Recent Developments/Updates
7.2 Shin-Etsu
7.2.1 Shin-Etsu Rare Earth Magnet Corporation Information
7.2.2 Shin-Etsu Rare Earth Magnet Product Portfolio
7.2.3 Shin-Etsu Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Shin-Etsu Main Business and Markets Served
7.2.5 Shin-Etsu Recent Developments/Updates
7.3 TDK
7.3.1 TDK Rare Earth Magnet Corporation Information
7.3.2 TDK Rare Earth Magnet Product Portfolio
7.3.3 TDK Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.3.4 TDK Main Business and Markets Served
7.3.5 TDK Recent Developments/Updates
7.4 VAC
7.4.1 VAC Rare Earth Magnet Corporation Information
7.4.2 VAC Rare Earth Magnet Product Portfolio
7.4.3 VAC Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.4.4 VAC Main Business and Markets Served
7.4.5 VAC Recent Developments/Updates
7.5 Beijing Zhong Ke San Huan Hi-Tech
7.5.1 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Corporation Information
7.5.2 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Product Portfolio
7.5.3 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Beijing Zhong Ke San Huan Hi-Tech Main Business and Markets Served
7.5.5 Beijing Zhong Ke San Huan Hi-Tech Recent Developments/Updates
7.6 Yunsheng Company
7.6.1 Yunsheng Company Rare Earth Magnet Corporation Information
7.6.2 Yunsheng Company Rare Earth Magnet Product Portfolio
7.6.3 Yunsheng Company Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Yunsheng Company Main Business and Markets Served
7.6.5 Yunsheng Company Recent Developments/Updates
7.7 YSM
7.7.1 YSM Rare Earth Magnet Corporation Information
7.7.2 YSM Rare Earth Magnet Product Portfolio
7.7.3 YSM Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.7.4 YSM Main Business and Markets Served
7.7.5 YSM Recent Developments/Updates
7.8 JL MAG
7.8.1 JL MAG Rare Earth Magnet Corporation Information
7.8.2 JL MAG Rare Earth Magnet Product Portfolio
7.8.3 JL MAG Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.8.4 JL MAG Main Business and Markets Served
7.7.5 JL MAG Recent Developments/Updates
7.9 ZHmag
7.9.1 ZHmag Rare Earth Magnet Corporation Information
7.9.2 ZHmag Rare Earth Magnet Product Portfolio
7.9.3 ZHmag Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.9.4 ZHmag Main Business and Markets Served
7.9.5 ZHmag Recent Developments/Updates
7.10 Jingci Material Science
7.10.1 Jingci Material Science Rare Earth Magnet Corporation Information
7.10.2 Jingci Material Science Rare Earth Magnet Product Portfolio
7.10.3 Jingci Material Science Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Jingci Material Science Main Business and Markets Served
7.10.5 Jingci Material Science Recent Developments/Updates
7.11 AT&M
7.11.1 AT&M Rare Earth Magnet Corporation Information
7.11.2 AT&M Rare Earth Magnet Product Portfolio
7.11.3 AT&M Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.11.4 AT&M Main Business and Markets Served
7.11.5 AT&M Recent Developments/Updates
7.12 NBJJ
7.12.1 NBJJ Rare Earth Magnet Corporation Information
7.12.2 NBJJ Rare Earth Magnet Product Portfolio
7.12.3 NBJJ Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.12.4 NBJJ Main Business and Markets Served
7.12.5 NBJJ Recent Developments/Updates
7.13 Innuovo Magnetics
7.13.1 Innuovo Magnetics Rare Earth Magnet Corporation Information
7.13.2 Innuovo Magnetics Rare Earth Magnet Product Portfolio
7.13.3 Innuovo Magnetics Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Innuovo Magnetics Main Business and Markets Served
7.13.5 Innuovo Magnetics Recent Developments/Updates
7.14 SGM
7.14.1 SGM Rare Earth Magnet Corporation Information
7.14.2 SGM Rare Earth Magnet Product Portfolio
7.14.3 SGM Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.14.4 SGM Main Business and Markets Served
7.14.5 SGM Recent Developments/Updates
7.15 Galaxy Magnetic
7.15.1 Galaxy Magnetic Rare Earth Magnet Corporation Information
7.15.2 Galaxy Magnetic Rare Earth Magnet Product Portfolio
7.15.3 Galaxy Magnetic Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Galaxy Magnetic Main Business and Markets Served
7.15.5 Galaxy Magnetic Recent Developments/Updates
7.16 Zhejiang Zhongyuan Magnetic Industry Limited
7.16.1 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Corporation Information
7.16.2 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Product Portfolio
7.16.3 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Zhejiang Zhongyuan Magnetic Industry Limited Main Business and Markets Served
7.16.5 Zhejiang Zhongyuan Magnetic Industry Limited Recent Developments/Updates
7.17 Earth- Panda
7.17.1 Earth- Panda Rare Earth Magnet Corporation Information
7.17.2 Earth- Panda Rare Earth Magnet Product Portfolio
7.17.3 Earth- Panda Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Earth- Panda Main Business and Markets Served
7.17.5 Earth- Panda Recent Developments/Updates
7.18 Magsuper
7.18.1 Magsuper Rare Earth Magnet Corporation Information
7.18.2 Magsuper Rare Earth Magnet Product Portfolio
7.18.3 Magsuper Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Magsuper Main Business and Markets Served
7.18.5 Magsuper Recent Developments/Updates
7.19 Daido Electronics
7.19.1 Daido Electronics Rare Earth Magnet Corporation Information
7.19.2 Daido Electronics Rare Earth Magnet Product Portfolio
7.19.3 Daido Electronics Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Daido Electronics Main Business and Markets Served
7.19.5 Daido Electronics Recent Developments/Updates
7.20 Tianhe Magnetics
7.20.1 Tianhe Magnetics Rare Earth Magnet Corporation Information
7.20.2 Tianhe Magnetics Rare Earth Magnet Product Portfolio
7.20.3 Tianhe Magnetics Rare Earth Magnet Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Tianhe Magnetics Main Business and Markets Served
7.20.5 Tianhe Magnetics Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Rare Earth Magnet Industry Chain Analysis
8.2 Rare Earth Magnet Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Rare Earth Magnet Production Mode & Process
8.4 Rare Earth Magnet Sales and Marketing
8.4.1 Rare Earth Magnet Sales Channels
8.4.2 Rare Earth Magnet Distributors
8.5 Rare Earth Magnet Customers
9 Rare Earth Magnet Market Dynamics
9.1 Rare Earth Magnet Industry Trends
9.2 Rare Earth Magnet Market Drivers
9.3 Rare Earth Magnet Market Challenges
9.4 Rare Earth Magnet Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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