Global High Performance Rare Earth Magnet Supply, Demand and Key Producers, 2023-2029
The global High Performance Rare Earth Magnet market size is expected to reach $ 12610 million by 2029, rising at a market growth of 8.2% CAGR during the forecast period (2023-2029).
The key manufacturers of High Performance Rare Earth Magnet include ZHmag, JL MAG, Shin-Etsu, Beijing Zhong Ke San Huan Hi-Tech and Yunsheng Company, etc. The top five players account for about 52% of the market in total.
In terms of product, it can be divided into Rare-earth Sintered Magnet and Rare-earth Hot-pressed Magnet. Rare-earth Sintered Magnet accounts for more than 95% of the market.
It is widely used in xEV, EPS, industrial machine, factory automation, wind turbine, medical industry, VCM, aerospace&defense, home appliance and other downstream industries. xEV is the most dominant downstream industry, accounting for about 39%. The market share of xEV will continue to increase in the future.
High Performance Rare Earth Magnet mainly refers to high end RbFeB sintered magnet, which is mainly used in EV, wind power, etc. High performance magnate means Hcj(kOe)+(BH)max(MGOe)>60.
This report studies the global High Performance Rare Earth Magnet production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for High Performance Rare Earth Magnet, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of High Performance Rare Earth Magnet that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global High Performance Rare Earth Magnet total production and demand, 2018-2029, (Tons)
Global High Performance Rare Earth Magnet total production value, 2018-2029, (USD Million)
Global High Performance Rare Earth Magnet production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global High Performance Rare Earth Magnet consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: High Performance Rare Earth Magnet domestic production, consumption, key domestic manufacturers and share
Global High Performance Rare Earth Magnet production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global High Performance Rare Earth Magnet production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global High Performance Rare Earth Magnet production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)
This reports profiles key players in the global High Performance Rare Earth Magnet market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, YSM, JL MAG and ZHmag, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World High Performance Rare Earth Magnet market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global High Performance Rare Earth Magnet Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global High Performance Rare Earth Magnet Market, Segmentation by Type
Rare-earth Sintered Magnet
Rare-earth Hot-pressed Magnet
Global High Performance Rare Earth Magnet Market, Segmentation by Application
xEV
EPS
Industrial Machine
Factory Automation
Wind Turbine
Medical Industry
VCM
Aerospace & Defense
Home Appliance
Others
Companies Profiled:
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
Zhejiang Zhongyuan Magnetic
Earth- Panda
Daido Electronics
Tianhe Magnetics
Key Questions Answered
1. How big is the global High Performance Rare Earth Magnet market?
2. What is the demand of the global High Performance Rare Earth Magnet market?
3. What is the year over year growth of the global High Performance Rare Earth Magnet market?
4. What is the production and production value of the global High Performance Rare Earth Magnet market?
5. Who are the key producers in the global High Performance Rare Earth Magnet market?
6. What are the growth factors driving the market demand?