Summary

The global Rare Earth Magnet market was valued at US$ 11,459 million in 2024 and is expected to reach US$ 21,356 million by 2031, growing at a CAGR of 9.62% during 2025-2031.
This report aims to provide a comprehensive presentation of the global market for Rare Earth Magnet, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Rare Earth Magnet by region & country, by Type, and by Application.
The Rare Earth Magnet market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation
By Company
Proterial
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
Zhejiang Sheensen Magnetics Technology
Pinghu Geor Chi Electronics
Newland Magnetics
HPMG
NGYC
CO-STAR

Segment by Type
Sintered Rare Earth Magnet
Bonded Rare Earth Magnet
Hot Pressed Rare Earth Magnet


Segment by Application
EV
Automotive other than EV
Home Appliance
Aerospace & Defense
Wind Energy
Consumer Goods & Electronics
Industrial Machinery
Others

By Region
North America
Europe
China
Japan
Southeast Asia

Consumption by Region
North America
United States
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia-Pacific

Europe
Germany
UK
France
Spain
Italy
Rest of Europe

South America
Brazil
Rest of South America

Middle East & Africa

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Rare Earth Magnet manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Rare Earth Magnet in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Rare Earth Magnet in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview 1
1.1 Rare Earth Magnet Product Introduction 1
1.2 Global Rare Earth Magnet Market Size Forecast 1
1.2.1 Global Rare Earth Magnet Sales Value (2020-2031) 2
1.2.2 Global Rare Earth Magnet Sales Volume (2020-2031) 3
1.2.3 Global Rare Earth Magnet Sales Price (2020-2031) 4
1.3 Rare Earth Magnet Market Trends & Drivers 4
1.3.1 Rare Earth Magnet Industry Trends 4
1.3.2 Rare Earth Magnet Market Drivers & Opportunity 5
1.3.3 Rare Earth Magnet Market Challenges 6
1.3.4 Rare Earth Magnet Market Restraints 7
1.4 Assumptions and Limitations 7
1.5 Study Objectives 8
1.6 Years Considered 9
2 Competitive Analysis by Company 10
2.1 Global Rare Earth Magnet Players Revenue Ranking (2024) 10
2.2 Global Rare Earth Magnet Revenue by Company (2020-2025) 11
2.3 Global Rare Earth Magnet Players Sales Volume Ranking (2024) 14
2.4 Global Rare Earth Magnet Sales Volume by Company Players (2020-2025) 15
2.5 Global Rare Earth Magnet Average Price by Company (2020-2025) 18
2.6 Key Manufacturers Rare Earth Magnet Manufacturing Base and Headquarters 20
2.7 Key Manufacturers Rare Earth Magnet Product Offered 21
2.8 Key Manufacturers Time to Begin Mass Production of Rare Earth Magnet 23
2.9 Rare Earth Magnet Market Competitive Analysis 24
2.9.1 Rare Earth Magnet Market Concentration Rate (2020-2025) 24
2.9.2 Global 5 and 10 Largest Manufacturers by Rare Earth Magnet Revenue in 2024 25
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rare Earth Magnet as of 2024) 26
2.10 Mergers & Acquisitions, Expansion 27
3 Segmentation by Type 28
3.1 Introduction by Type 28
3.1.1 Sintered Rare Earth Magnet 28
3.1.2 Bonded Rare Earth Magnet 29
3.1.3 Hot Pressed Rare Earth Magnet 30
3.2 Global Rare Earth Magnet Sales Value by Type 31
3.2.1 Global Rare Earth Magnet Sales Value by Type (2020 VS 2024 VS 2031) 32
3.2.2 Global Rare Earth Magnet Sales Value, by Type (2020-2031) 33
3.2.3 Global Rare Earth Magnet Sales Value, by Type (%) (2020-2031) 34
3.3 Global Rare Earth Magnet Sales Volume by Type 35
3.3.1 Global Rare Earth Magnet Sales Volume by Type (2020 VS 2024 VS 2031) 35
3.3.2 Global Rare Earth Magnet Sales Volume, by Type (2020-2031) 36
3.3.3 Global Rare Earth Magnet Sales Volume, by Type (%) (2020-2031) 37
3.4 Global Rare Earth Magnet Average Price by Type (2020-2031) 38
4 Segmentation by Application 39
4.1 Introduction by Application 39
4.1.1 EV 39
4.1.2 Automotive other than EV 39
4.1.3 Home Appliance 39
4.1.4 Aerospace & Defense 40
4.1.5 Wind Energy 40
4.1.6 Consumer Goods & Electronics 41
4.1.7 Industrial Machinery 41
4.1.8 Others 42
4.2 Global Rare Earth Magnet Sales Value by Application 42
4.2.1 Global Rare Earth Magnet Sales Value by Application (2020 VS 2024 VS 2031) 43
4.2.2 Global Rare Earth Magnet Sales Value, by Application (2020-2031) 44
4.2.3 Global Rare Earth Magnet Sales Value, by Application (%) (2020-2031) 46
4.3 Global Rare Earth Magnet Sales Volume by Application 47
4.3.1 Global Rare Earth Magnet Sales Volume by Application (2020 VS 2024 VS 2031) 47
4.3.2 Global Rare Earth Magnet Sales Volume, by Application (2020-2031) 49
4.3.3 Global Rare Earth Magnet Sales Volume, by Application (%) (2020-2031) 50
4.4 Global Rare Earth Magnet Average Price by Application (2020-2031) 51
5 Segmentation by Region 53
5.1 Global Rare Earth Magnet Sales Value by Region 53
5.1.1 Global Rare Earth Magnet Sales Value by Region: 2020 VS 2024 VS 2031 53
5.1.2 Global Rare Earth Magnet Sales Value by Region (2020-2025) 53
5.1.3 Global Rare Earth Magnet Sales Value by Region (2026-2031) 54
5.1.4 Global Rare Earth Magnet Sales Value by Region (%), (2020-2031) 54
5.2 Global Rare Earth Magnet Sales Volume by Region 55
5.2.1 Global Rare Earth Magnet Sales Volume by Region: 2020 VS 2024 VS 2031 55
5.2.2 Global Rare Earth Magnet Sales Volume by Region (2020-2025) 56
5.2.3 Global Rare Earth Magnet Sales Volume by Region (2026-2031) 56
5.2.4 Global Rare Earth Magnet Sales Volume by Region (%), (2020-2031) 57
5.3 Global Rare Earth Magnet Average Price by Region (2020-2031) 57
5.4 North America 59
5.4.1 North America Rare Earth Magnet Sales Value, 2020-2031 59
5.4.2 North America Rare Earth Magnet Sales Value by Country (%), 2024 VS 2031 60
5.5 Europe 61
5.5.1 Europe Rare Earth Magnet Sales Value, 2020-2031 61
5.5.2 Europe Rare Earth Magnet Sales Value by Country (%), 2024 VS 2031 62
5.6 Asia Pacific 63
5.6.1 Asia Pacific Rare Earth Magnet Sales Value, 2020-2031 63
5.6.2 Asia Pacific Rare Earth Magnet Sales Value by Region (%), 2024 VS 2031 64
5.7 South America 65
5.7.1 South America Rare Earth Magnet Sales Value, 2020-2031 65
5.7.2 South America Rare Earth Magnet Sales Value by Country (%), 2024 VS 2031 66
5.8 Middle East & Africa 67
5.8.1 Middle East & Africa Rare Earth Magnet Sales Value, 2020-2031 67
5.8.2 Middle East & Africa Rare Earth Magnet Sales Value by Country (%), 2024 VS 2031 68
6 Segmentation by Key Countries/Regions 69
6.1 Key Countries/Regions Rare Earth Magnet Sales Value Growth Trends, 2020 VS 2024 VS 2031 69
6.2 Key Countries/Regions Rare Earth Magnet Sales Value and Sales Volume 70
6.2.1 Key Countries/Regions Rare Earth Magnet Sales Value, 2020-2031 70
6.2.2 Key Countries/Regions Rare Earth Magnet Sales Volume, 2020-2031 72
6.3 United States 74
6.3.1 United States Rare Earth Magnet Sales Value, 2020-2031 74
6.3.2 United States Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 75
6.3.3 United States Rare Earth Magnet Sales Value by Application, 2024 VS 2031 76
6.4 Europe 77
6.4.1 Europe Rare Earth Magnet Sales Value, 2020-2031 77
6.4.2 Europe Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 78
6.4.3 Europe Rare Earth Magnet Sales Value by Application, 2024 VS 2031 79
6.5 China 80
6.5.1 China Rare Earth Magnet Sales Value, 2020-2031 80
6.5.2 China Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 81
6.5.3 China Rare Earth Magnet Sales Value by Application, 2024 VS 2031 82
6.6 Japan 83
6.6.1 Japan Rare Earth Magnet Sales Value, 2020-2031 83
6.6.2 Japan Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 84
6.6.3 Japan Rare Earth Magnet Sales Value by Application, 2024 VS 2031 85
6.7 South Korea 86
6.7.1 South Korea Rare Earth Magnet Sales Value, 2020-2031 86
6.7.2 South Korea Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 87
6.7.3 South Korea Rare Earth Magnet Sales Value by Application, 2024 VS 2031 88
6.8 Southeast Asia 89
6.8.1 Southeast Asia Rare Earth Magnet Sales Value, 2020-2031 89
6.8.2 Southeast Asia Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 90
6.8.3 Southeast Asia Rare Earth Magnet Sales Value by Application, 2024 VS 2031 91
6.9 India 92
6.9.1 India Rare Earth Magnet Sales Value, 2020-2031 92
6.9.2 India Rare Earth Magnet Sales Value by Type (%), 2024 VS 2031 93
6.9.3 India Rare Earth Magnet Sales Value by Application, 2024 VS 2031 94
7 Company Profiles 95
7.1 Proterial 95
7.1.1 Proterial Company Information 95
7.1.2 Proterial Introduction and Business Overview 96
7.1.3 Proterial Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 97
7.1.4 Proterial Rare Earth Magnet Product Offerings 97
7.1.5 Proterial Recent Development 98
7.2 Shin-Etsu 99
7.2.1 Shin-Etsu Company Information 99
7.2.2 Shin-Etsu Introduction and Business Overview 100
7.2.3 Shin-Etsu Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 100
7.2.4 Shin-Etsu Rare Earth Magnet Product Offerings 101
7.2.5 Shin-Etsu Recent Development 101
7.3 TDK 102
7.3.1 TDK Company Information 102
7.3.2 TDK Introduction and Business Overview 103
7.3.3 TDK Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 103
7.3.4 TDK Rare Earth Magnet Product Offerings 104
7.3.5 TDK Recent Development 104
7.4 VAC 105
7.4.1 VAC Company Information 105
7.4.2 VAC Introduction and Business Overview 106
7.4.3 VAC Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 106
7.4.4 VAC Rare Earth Magnet Product Offerings 107
7.4.5 VAC Recent Development 108
7.5 Beijing Zhong Ke San Huan Hi-Tech 108
7.5.1 Beijing Zhong Ke San Huan Hi-Tech Company Information 108
7.5.2 Beijing Zhong Ke San Huan Hi-Tech Introduction and Business Overview 110
7.5.3 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 110
7.5.4 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Product Offerings 111
7.5.5 Beijing Zhong Ke San Huan Hi-Tech Recent Development 111
7.6 Yunsheng Company 112
7.6.1 Yunsheng Company Company Information 112
7.6.2 Yunsheng Company Introduction and Business Overview 113
7.6.3 Yunsheng Company Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 113
7.6.4 Yunsheng Company Rare Earth Magnet Product Offerings 114
7.6.5 Yunsheng Company Recent Development 114
7.7 YSM 115
7.7.1 YSM Company Information 115
7.7.2 YSM Introduction and Business Overview 116
7.7.3 YSM Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 116
7.7.4 YSM Rare Earth Magnet Product Offerings 117
7.7.5 YSM Recent Development 117
7.8 JL MAG 118
7.8.1 JL MAG Company Information 118
7.8.2 JL MAG Introduction and Business Overview 119
7.8.3 JL MAG Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 119
7.8.4 JL MAG Rare Earth Magnet Product Offerings 120
7.9 ZHmag 120
7.9.1 ZHmag Company Information 120
7.9.2 ZHmag Introduction and Business Overview 121
7.9.3 ZHmag Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 122
7.9.4 ZHmag Rare Earth Magnet Product Offerings 122
7.9.5 ZHmag Recent Development 123
7.10 Jingci Material Science 123
7.10.1 Jingci Material Science Company Information 123
7.10.2 Jingci Material Science Introduction and Business Overview 124
7.10.3 Jingci Material Science Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 125
7.10.4 Jingci Material Science Rare Earth Magnet Product Offerings 125
7.11 AT&M 126
7.11.1 AT&M Company Information 126
7.11.2 AT&M Introduction and Business Overview 127
7.11.3 AT&M Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 127
7.11.4 AT&M Rare Earth Magnet Product Offerings 128
7.11.5 AT&M Recent Development 129
7.12 NBJJ 129
7.12.1 NBJJ Company Information 129
7.12.2 NBJJ Introduction and Business Overview 130
7.12.3 NBJJ Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 130
7.12.4 NBJJ Rare Earth Magnet Product Offerings 131
7.12.5 NBJJ Recent Development 131
7.13 Innuovo Magnetics 132
7.13.1 Innuovo Magnetics Company Information 132
7.13.2 Innuovo Magnetics Introduction and Business Overview 133
7.13.3 Innuovo Magnetics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 133
7.13.4 Innuovo Magnetics Rare Earth Magnet Product Offerings 134
7.13.5 Innuovo Magnetics Recent Development 134
7.14 SGM 135
7.14.1 SGM Company Information 135
7.14.2 SGM Introduction and Business Overview 136
7.14.3 SGM Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 136
7.14.4 SGM Rare Earth Magnet Product Offerings 137
7.15 Galaxy Magnetic 138
7.15.1 Galaxy Magnetic Company Information 138
7.15.2 Galaxy Magnetic Introduction and Business Overview 139
7.15.3 Galaxy Magnetic Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 139
7.15.4 Galaxy Magnetic Rare Earth Magnet Product Offerings 140
7.16 Zhejiang Zhongyuan Magnetic Industry Limited 140
7.16.1 Zhejiang Zhongyuan Magnetic Industry Limited Company Information 140
7.16.2 Zhejiang Zhongyuan Magnetic Industry Limited Introduction and Business Overview 141
7.16.3 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 142
7.16.4 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Product Offerings 142
7.17 Earth- Panda 144
7.17.1 Earth- Panda Company Information 144
7.17.2 Earth- Panda Introduction and Business Overview 145
7.17.3 Earth- Panda Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 146
7.17.4 Earth- Panda Rare Earth Magnet Product Offerings 146
7.17.5 Earth- Panda Recent Development 147
7.18 Magsuper 147
7.18.1 Magsuper Company Information 147
7.18.2 Magsuper Introduction and Business Overview 148
7.18.3 Magsuper Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 149
7.18.4 Magsuper Rare Earth Magnet Product Offerings 149
7.19 Daido Electronics 150
7.19.1 Daido Electronics Company Information 150
7.19.2 Daido Electronics Introduction and Business Overview 151
7.19.3 Daido Electronics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 151
7.19.4 Daido Electronics Rare Earth Magnet Product Offerings 152
7.19.5 Daido Electronics Recent Development 152
7.20 Tianhe Magnetics 153
7.20.1 Tianhe Magnetics Company Information 153
7.20.2 Tianhe Magnetics Introduction and Business Overview 154
7.20.3 Tianhe Magnetics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 155
7.20.4 Tianhe Magnetics Rare Earth Magnet Product Offerings 155
7.20.5 Tianhe Magnetics Recent Development 156
7.21 Zhejiang Sheensen Magnetics Technology 156
7.21.1 Zhejiang Sheensen Magnetics Technology Company Information 156
7.21.2 Zhejiang Sheensen Magnetics Technology Introduction and Business Overview 157
7.21.3 Zhejiang Sheensen Magnetics Technology Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 158
7.21.4 Zhejiang Sheensen Magnetics Technology Rare Earth Magnet Product Offerings 158
7.21.5 Zhejiang Sheensen Magnetics Technology Recent Development 159
7.22 Pinghu Geor Chi Electronics 159
7.22.1 Pinghu Geor Chi Electronics Company Information 159
7.22.2 Pinghu Geor Chi Electronics Introduction and Business Overview 160
7.22.3 Pinghu Geor Chi Electronics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 161
7.22.4 Pinghu Geor Chi Electronics Rare Earth Magnet Product Offerings 161
7.23 Newland Magnetics 162
7.23.1 Newland Magnetics Company Information 162
7.23.2 Newland Magnetics Introduction and Business Overview 163
7.23.3 Newland Magnetics Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 163
7.23.4 Newland Magnetics Rare Earth Magnet Product Offerings 163
7.24 HPMG 164
7.24.1 HPMG Company Information 164
7.24.2 HPMG Introduction and Business Overview 165
7.24.3 HPMG Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 166
7.24.4 HPMG Rare Earth Magnet Product Offerings 166
7.25 NGYC 167
7.25.1 NGYC Company Information 167
7.25.2 NGYC Introduction and Business Overview 168
7.25.3 NGYC Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 168
7.25.4 NGYC Rare Earth Magnet Product Offerings 169
7.26 CO-STAR 169
7.26.1 CO-STAR Company Information 169
7.26.2 CO-STAR Introduction and Business Overview 170
7.26.3 CO-STAR Rare Earth Magnet Sales, Revenue, Price and Gross Margin (2020-2025) 171
7.26.4 CO-STAR Rare Earth Magnet Product Offerings 171
8 Industry Chain Analysis 172
8.1 Rare Earth Magnet Industrial Chain 172
8.2 Rare Earth Magnet Upstream Analysis 172
8.2.1 Key Raw Materials 172
8.2.2 Raw Materials Key Suppliers 174
8.2.3 Manufacturing Cost Structure 174
8.3 Midstream Analysis 175
8.4 Downstream Analysis (Customers Analysis) 175
8.5 Sales Model and Sales Channels 178
8.5.1 Rare Earth Magnet Sales Model 178
8.5.2 Sales Channel 178
8.5.3 Rare Earth Magnet Distributors 179
9 Research Findings and Conclusion 181
10 Appendix 182
10.1 Research Methodology 182
10.1.1 Methodology/Research Approach 182
10.1.2 Data Source 185
10.2 Author Details 188
10.3 Disclaimer 189