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Global Rare Earth Magnets Market Research Report 2024
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 Magnets market was valued at US$ 10030 million in 2023 and is anticipated to reach US$ 12480 million by 2030, witnessing a CAGR of 3.1% 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 19% market share.
The key players are Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Co綱ｊ綱ｊ綱ｊ綱ｊ綱ｊ綱ｊ牲ｲ
This report aims to provide a comprehensive presentation of the global market for Rare Earth Magnets, 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 Magnets.
Report Scope
The Rare Earth Magnets 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 Magnets 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 Magnets 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
Galaxy Magnetic
Adams Magnetic Products
Daido Electronics
Innuovo Magnetics
Yunsheng Company
AT&M
Magsuper
Earth- Panda
Master Magnetics
Segment by Type
Samarium Cobalt (SmCo)
Neodymium (Nd-Fe-B)
Segment by Application
High Efficiency Motors
Electronics
Turbine Generators
Others
Production by Region
North America
Europe
China
Japan
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 Magnets 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 Magnets 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 Magnets 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.
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 Magnets market was valued at US$ 10030 million in 2023 and is anticipated to reach US$ 12480 million by 2030, witnessing a CAGR of 3.1% 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 19% market share.
The key players are Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Co綱ｊ綱ｊ綱ｊ綱ｊ綱ｊ綱ｊ牲ｲ
This report aims to provide a comprehensive presentation of the global market for Rare Earth Magnets, 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 Magnets.
Report Scope
The Rare Earth Magnets 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 Magnets 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 Magnets 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
Galaxy Magnetic
Adams Magnetic Products
Daido Electronics
Innuovo Magnetics
Yunsheng Company
AT&M
Magsuper
Earth- Panda
Master Magnetics
Segment by Type
Samarium Cobalt (SmCo)
Neodymium (Nd-Fe-B)
Segment by Application
High Efficiency Motors
Electronics
Turbine Generators
Others
Production by Region
North America
Europe
China
Japan
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 Magnets 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 Magnets 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 Magnets 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.
Index1 Rare Earth Magnets Market Overview
1.1 Product Definition
1.2 Rare Earth Magnets Segment by Type
1.2.1 Global Rare Earth Magnets Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Samarium Cobalt (SmCo)
1.2.3 Neodymium (Nd-Fe-B)
1.3 Rare Earth Magnets Segment by Application
1.3.1 Global Rare Earth Magnets Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 High Efficiency Motors
1.3.3 Electronics
1.3.4 Turbine Generators
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Rare Earth Magnets Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Rare Earth Magnets Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Rare Earth Magnets Production Estimates and Forecasts (2019-2030)
1.4.4 Global Rare Earth Magnets Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Rare Earth Magnets Production Market Share by Manufacturers (2019-2024)
2.2 Global Rare Earth Magnets Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Rare Earth Magnets, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Rare Earth Magnets Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Rare Earth Magnets Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Rare Earth Magnets, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Rare Earth Magnets, Product Offered and Application
2.8 Global Key Manufacturers of Rare Earth Magnets, Date of Enter into This Industry
2.9 Rare Earth Magnets Market Competitive Situation and Trends
2.9.1 Rare Earth Magnets Market Concentration Rate
2.9.2 Global 5 and 10 Largest Rare Earth Magnets Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Rare Earth Magnets Production by Region
3.1 Global Rare Earth Magnets Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Rare Earth Magnets Production Value by Region (2019-2030)
3.2.1 Global Rare Earth Magnets Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Rare Earth Magnets by Region (2025-2030)
3.3 Global Rare Earth Magnets Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Rare Earth Magnets Production by Region (2019-2030)
3.4.1 Global Rare Earth Magnets Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Rare Earth Magnets by Region (2025-2030)
3.5 Global Rare Earth Magnets Market Price Analysis by Region (2019-2024)
3.6 Global Rare Earth Magnets Production and Value, Year-over-Year Growth
3.6.1 North America Rare Earth Magnets Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Rare Earth Magnets Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Rare Earth Magnets Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Rare Earth Magnets Production Value Estimates and Forecasts (2019-2030)
4 Rare Earth Magnets Consumption by Region
4.1 Global Rare Earth Magnets Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Rare Earth Magnets Consumption by Region (2019-2030)
4.2.1 Global Rare Earth Magnets Consumption by Region (2019-2024)
4.2.2 Global Rare Earth Magnets Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Rare Earth Magnets Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Rare Earth Magnets Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Rare Earth Magnets Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Rare Earth Magnets 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 Magnets Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Rare Earth Magnets 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 Magnets Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Rare Earth Magnets 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 Magnets Production by Type (2019-2030)
5.1.1 Global Rare Earth Magnets Production by Type (2019-2024)
5.1.2 Global Rare Earth Magnets Production by Type (2025-2030)
5.1.3 Global Rare Earth Magnets Production Market Share by Type (2019-2030)
5.2 Global Rare Earth Magnets Production Value by Type (2019-2030)
5.2.1 Global Rare Earth Magnets Production Value by Type (2019-2024)
5.2.2 Global Rare Earth Magnets Production Value by Type (2025-2030)
5.2.3 Global Rare Earth Magnets Production Value Market Share by Type (2019-2030)
5.3 Global Rare Earth Magnets Price by Type (2019-2030)
6 Segment by Application
6.1 Global Rare Earth Magnets Production by Application (2019-2030)
6.1.1 Global Rare Earth Magnets Production by Application (2019-2024)
6.1.2 Global Rare Earth Magnets Production by Application (2025-2030)
6.1.3 Global Rare Earth Magnets Production Market Share by Application (2019-2030)
6.2 Global Rare Earth Magnets Production Value by Application (2019-2030)
6.2.1 Global Rare Earth Magnets Production Value by Application (2019-2024)
6.2.2 Global Rare Earth Magnets Production Value by Application (2025-2030)
6.2.3 Global Rare Earth Magnets Production Value Market Share by Application (2019-2030)
6.3 Global Rare Earth Magnets Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Galaxy Magnetic
7.1.1 Galaxy Magnetic Rare Earth Magnets Corporation Information
7.1.2 Galaxy Magnetic Rare Earth Magnets Product Portfolio
7.1.3 Galaxy Magnetic Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Galaxy Magnetic Main Business and Markets Served
7.1.5 Galaxy Magnetic Recent Developments/Updates
7.2 Adams Magnetic Products
7.2.1 Adams Magnetic Products Rare Earth Magnets Corporation Information
7.2.2 Adams Magnetic Products Rare Earth Magnets Product Portfolio
7.2.3 Adams Magnetic Products Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Adams Magnetic Products Main Business and Markets Served
7.2.5 Adams Magnetic Products Recent Developments/Updates
7.3 Daido Electronics
7.3.1 Daido Electronics Rare Earth Magnets Corporation Information
7.3.2 Daido Electronics Rare Earth Magnets Product Portfolio
7.3.3 Daido Electronics Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Daido Electronics Main Business and Markets Served
7.3.5 Daido Electronics Recent Developments/Updates
7.4 Innuovo Magnetics
7.4.1 Innuovo Magnetics Rare Earth Magnets Corporation Information
7.4.2 Innuovo Magnetics Rare Earth Magnets Product Portfolio
7.4.3 Innuovo Magnetics Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Innuovo Magnetics Main Business and Markets Served
7.4.5 Innuovo Magnetics Recent Developments/Updates
7.5 Yunsheng Company
7.5.1 Yunsheng Company Rare Earth Magnets Corporation Information
7.5.2 Yunsheng Company Rare Earth Magnets Product Portfolio
7.5.3 Yunsheng Company Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Yunsheng Company Main Business and Markets Served
7.5.5 Yunsheng Company Recent Developments/Updates
7.6 AT&M
7.6.1 AT&M Rare Earth Magnets Corporation Information
7.6.2 AT&M Rare Earth Magnets Product Portfolio
7.6.3 AT&M Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.6.4 AT&M Main Business and Markets Served
7.6.5 AT&M Recent Developments/Updates
7.7 Magsuper
7.7.1 Magsuper Rare Earth Magnets Corporation Information
7.7.2 Magsuper Rare Earth Magnets Product Portfolio
7.7.3 Magsuper Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Magsuper Main Business and Markets Served
7.7.5 Magsuper Recent Developments/Updates
7.8 Earth- Panda
7.8.1 Earth- Panda Rare Earth Magnets Corporation Information
7.8.2 Earth- Panda Rare Earth Magnets Product Portfolio
7.8.3 Earth- Panda Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Earth- Panda Main Business and Markets Served
7.7.5 Earth- Panda Recent Developments/Updates
7.9 Master Magnetics
7.9.1 Master Magnetics Rare Earth Magnets Corporation Information
7.9.2 Master Magnetics Rare Earth Magnets Product Portfolio
7.9.3 Master Magnetics Rare Earth Magnets Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Master Magnetics Main Business and Markets Served
7.9.5 Master Magnetics Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Rare Earth Magnets Industry Chain Analysis
8.2 Rare Earth Magnets Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Rare Earth Magnets Production Mode & Process
8.4 Rare Earth Magnets Sales and Marketing
8.4.1 Rare Earth Magnets Sales Channels
8.4.2 Rare Earth Magnets Distributors
8.5 Rare Earth Magnets Customers
9 Rare Earth Magnets Market Dynamics
9.1 Rare Earth Magnets Industry Trends
9.2 Rare Earth Magnets Market Drivers
9.3 Rare Earth Magnets Market Challenges
9.4 Rare Earth Magnets 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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