Global Rare Earth Magnet Market Research Report 2023(Status and Outlook)
Report Overview
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 Size was estimated at USD 10610.00 million in 2022 and is projected to reach USD 15230.49 million by 2029, exhibiting a CAGR of 5.30% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Rare Earth Magnet market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Rare Earth Magnet Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Rare Earth Magnet market in any manner.
Global Rare Earth Magnet Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key 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
Market Segmentation (by Type)
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Other
Market Segmentation (by Application)
Processed Food Drying
Plant Food Drying
Animal Food Drying
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Rare Earth Magnet Market
Overview of the regional outlook of the Rare Earth Magnet Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Rare Earth Magnet
- 1.2 Key Market Segments
- 1.2.1 Rare Earth Magnet Segment by Type
- 1.2.2 Rare Earth Magnet Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Rare Earth Magnet Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Rare Earth Magnet Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Rare Earth Magnet Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Rare Earth Magnet Market Competitive Landscape
- 3.1 Global Rare Earth Magnet Sales by Manufacturers (2018-2023)
- 3.2 Global Rare Earth Magnet Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Rare Earth Magnet Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Rare Earth Magnet Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Rare Earth Magnet Sales Sites, Area Served, Product Type
- 3.6 Rare Earth Magnet Market Competitive Situation and Trends
- 3.6.1 Rare Earth Magnet Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Rare Earth Magnet Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Rare Earth Magnet Industry Chain Analysis
- 4.1 Rare Earth Magnet Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Rare Earth Magnet Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Rare Earth Magnet Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Rare Earth Magnet Sales Market Share by Type (2018-2023)
- 6.3 Global Rare Earth Magnet Market Size Market Share by Type (2018-2023)
- 6.4 Global Rare Earth Magnet Price by Type (2018-2023)
- 7 Rare Earth Magnet Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Rare Earth Magnet Market Sales by Application (2018-2023)
- 7.3 Global Rare Earth Magnet Market Size (M USD) by Application (2018-2023)
- 7.4 Global Rare Earth Magnet Sales Growth Rate by Application (2018-2023)
- 8 Rare Earth Magnet Market Segmentation by Region
- 8.1 Global Rare Earth Magnet Sales by Region
- 8.1.1 Global Rare Earth Magnet Sales by Region
- 8.1.2 Global Rare Earth Magnet Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Rare Earth Magnet Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Rare Earth Magnet Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Rare Earth Magnet Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Rare Earth Magnet Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Rare Earth Magnet Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Hitachi Metals Group
- 9.1.1 Hitachi Metals Group Rare Earth Magnet Basic Information
- 9.1.2 Hitachi Metals Group Rare Earth Magnet Product Overview
- 9.1.3 Hitachi Metals Group Rare Earth Magnet Product Market Performance
- 9.1.4 Hitachi Metals Group Business Overview
- 9.1.5 Hitachi Metals Group Rare Earth Magnet SWOT Analysis
- 9.1.6 Hitachi Metals Group Recent Developments
- 9.2 Shin-Etsu
- 9.2.1 Shin-Etsu Rare Earth Magnet Basic Information
- 9.2.2 Shin-Etsu Rare Earth Magnet Product Overview
- 9.2.3 Shin-Etsu Rare Earth Magnet Product Market Performance
- 9.2.4 Shin-Etsu Business Overview
- 9.2.5 Shin-Etsu Rare Earth Magnet SWOT Analysis
- 9.2.6 Shin-Etsu Recent Developments
- 9.3 TDK
- 9.3.1 TDK Rare Earth Magnet Basic Information
- 9.3.2 TDK Rare Earth Magnet Product Overview
- 9.3.3 TDK Rare Earth Magnet Product Market Performance
- 9.3.4 TDK Business Overview
- 9.3.5 TDK Rare Earth Magnet SWOT Analysis
- 9.3.6 TDK Recent Developments
- 9.4 VAC
- 9.4.1 VAC Rare Earth Magnet Basic Information
- 9.4.2 VAC Rare Earth Magnet Product Overview
- 9.4.3 VAC Rare Earth Magnet Product Market Performance
- 9.4.4 VAC Business Overview
- 9.4.5 VAC Rare Earth Magnet SWOT Analysis
- 9.4.6 VAC Recent Developments
- 9.5 Beijing Zhong Ke San Huan Hi-Tech
- 9.5.1 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Basic Information
- 9.5.2 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Product Overview
- 9.5.3 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet Product Market Performance
- 9.5.4 Beijing Zhong Ke San Huan Hi-Tech Business Overview
- 9.5.5 Beijing Zhong Ke San Huan Hi-Tech Rare Earth Magnet SWOT Analysis
- 9.5.6 Beijing Zhong Ke San Huan Hi-Tech Recent Developments
- 9.6 Yunsheng Company
- 9.6.1 Yunsheng Company Rare Earth Magnet Basic Information
- 9.6.2 Yunsheng Company Rare Earth Magnet Product Overview
- 9.6.3 Yunsheng Company Rare Earth Magnet Product Market Performance
- 9.6.4 Yunsheng Company Business Overview
- 9.6.5 Yunsheng Company Recent Developments
- 9.7 YSM
- 9.7.1 YSM Rare Earth Magnet Basic Information
- 9.7.2 YSM Rare Earth Magnet Product Overview
- 9.7.3 YSM Rare Earth Magnet Product Market Performance
- 9.7.4 YSM Business Overview
- 9.7.5 YSM Recent Developments
- 9.8 JL MAG
- 9.8.1 JL MAG Rare Earth Magnet Basic Information
- 9.8.2 JL MAG Rare Earth Magnet Product Overview
- 9.8.3 JL MAG Rare Earth Magnet Product Market Performance
- 9.8.4 JL MAG Business Overview
- 9.8.5 JL MAG Recent Developments
- 9.9 ZHmag
- 9.9.1 ZHmag Rare Earth Magnet Basic Information
- 9.9.2 ZHmag Rare Earth Magnet Product Overview
- 9.9.3 ZHmag Rare Earth Magnet Product Market Performance
- 9.9.4 ZHmag Business Overview
- 9.9.5 ZHmag Recent Developments
- 9.10 Jingci Material Science
- 9.10.1 Jingci Material Science Rare Earth Magnet Basic Information
- 9.10.2 Jingci Material Science Rare Earth Magnet Product Overview
- 9.10.3 Jingci Material Science Rare Earth Magnet Product Market Performance
- 9.10.4 Jingci Material Science Business Overview
- 9.10.5 Jingci Material Science Recent Developments
- 9.11 ATandamp;M
- 9.11.1 ATandamp;M Rare Earth Magnet Basic Information
- 9.11.2 ATandamp;M Rare Earth Magnet Product Overview
- 9.11.3 ATandamp;M Rare Earth Magnet Product Market Performance
- 9.11.4 ATandamp;M Business Overview
- 9.11.5 ATandamp;M Recent Developments
- 9.12 NBJJ
- 9.12.1 NBJJ Rare Earth Magnet Basic Information
- 9.12.2 NBJJ Rare Earth Magnet Product Overview
- 9.12.3 NBJJ Rare Earth Magnet Product Market Performance
- 9.12.4 NBJJ Business Overview
- 9.12.5 NBJJ Recent Developments
- 9.13 Innuovo Magnetics
- 9.13.1 Innuovo Magnetics Rare Earth Magnet Basic Information
- 9.13.2 Innuovo Magnetics Rare Earth Magnet Product Overview
- 9.13.3 Innuovo Magnetics Rare Earth Magnet Product Market Performance
- 9.13.4 Innuovo Magnetics Business Overview
- 9.13.5 Innuovo Magnetics Recent Developments
- 9.14 SGM
- 9.14.1 SGM Rare Earth Magnet Basic Information
- 9.14.2 SGM Rare Earth Magnet Product Overview
- 9.14.3 SGM Rare Earth Magnet Product Market Performance
- 9.14.4 SGM Business Overview
- 9.14.5 SGM Recent Developments
- 9.15 Galaxy Magnetic
- 9.15.1 Galaxy Magnetic Rare Earth Magnet Basic Information
- 9.15.2 Galaxy Magnetic Rare Earth Magnet Product Overview
- 9.15.3 Galaxy Magnetic Rare Earth Magnet Product Market Performance
- 9.15.4 Galaxy Magnetic Business Overview
- 9.15.5 Galaxy Magnetic Recent Developments
- 9.16 Zhejiang Zhongyuan Magnetic Industry Limited
- 9.16.1 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Basic Information
- 9.16.2 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Product Overview
- 9.16.3 Zhejiang Zhongyuan Magnetic Industry Limited Rare Earth Magnet Product Market Performance
- 9.16.4 Zhejiang Zhongyuan Magnetic Industry Limited Business Overview
- 9.16.5 Zhejiang Zhongyuan Magnetic Industry Limited Recent Developments
- 9.17 Earth- Panda
- 9.17.1 Earth- Panda Rare Earth Magnet Basic Information
- 9.17.2 Earth- Panda Rare Earth Magnet Product Overview
- 9.17.3 Earth- Panda Rare Earth Magnet Product Market Performance
- 9.17.4 Earth- Panda Business Overview
- 9.17.5 Earth- Panda Recent Developments
- 9.18 Magsuper
- 9.18.1 Magsuper Rare Earth Magnet Basic Information
- 9.18.2 Magsuper Rare Earth Magnet Product Overview
- 9.18.3 Magsuper Rare Earth Magnet Product Market Performance
- 9.18.4 Magsuper Business Overview
- 9.18.5 Magsuper Recent Developments
- 9.19 Daido Electronics
- 9.19.1 Daido Electronics Rare Earth Magnet Basic Information
- 9.19.2 Daido Electronics Rare Earth Magnet Product Overview
- 9.19.3 Daido Electronics Rare Earth Magnet Product Market Performance
- 9.19.4 Daido Electronics Business Overview
- 9.19.5 Daido Electronics Recent Developments
- 9.20 Tianhe Magnetics
- 9.20.1 Tianhe Magnetics Rare Earth Magnet Basic Information
- 9.20.2 Tianhe Magnetics Rare Earth Magnet Product Overview
- 9.20.3 Tianhe Magnetics Rare Earth Magnet Product Market Performance
- 9.20.4 Tianhe Magnetics Business Overview
- 9.20.5 Tianhe Magnetics Recent Developments
- 10 Rare Earth Magnet Market Forecast by Region
- 10.1 Global Rare Earth Magnet Market Size Forecast
- 10.2 Global Rare Earth Magnet Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Rare Earth Magnet Market Size Forecast by Country
- 10.2.3 Asia Pacific Rare Earth Magnet Market Size Forecast by Region
- 10.2.4 South America Rare Earth Magnet Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Rare Earth Magnet by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Rare Earth Magnet Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Rare Earth Magnet by Type (2024-2029)
- 11.1.2 Global Rare Earth Magnet Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Rare Earth Magnet by Type (2024-2029)
- 11.2 Global Rare Earth Magnet Market Forecast by Application (2024-2029)
- 11.2.1 Global Rare Earth Magnet Sales (K MT) Forecast by Application
- 11.2.2 Global Rare Earth Magnet Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
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