2023-2031 Report on Global Rare Earth Magnet Market by Player, Region, Type, Application and Sales Channel
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The global Rare Earth Magnet market size is estimated to be $16.3 billion in 2023, and Market IntelliX analysts predict it will reach $37 billion by 2031, growing at a CAGR of 10.8% during the forecast period from 2023 to 2031.
This report studies the Rare Earth Magnet market, covering market size for segment by type (Sintered Neodymium Magnet, Bonded Neodymium Magnet, etc.), by application (Automotive, Air Conditioning, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Zhong Ke San Huan, Ningbo Yunsheng, JL MAG, ZHmag, Proterial (Hitachi Metals), etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Rare Earth Magnet from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Rare Earth Magnet market.
Leading Players of Rare Earth Magnet including:
Zhong Ke San Huan
Ningbo Yunsheng
JL MAG
ZHmag
Proterial (Hitachi Metals)
Innuovo Magnetics
Shin-Etsu Chemical
Yantai Dongxing (YSM)
TDK
Earth-Panda
Vacuumschmelze (VAC)
Jingci Material Science
Chengdu Galaxy Magnets
Ningbo Jinji
Zhejiang Zhongyuan Magnetic
Zhejiang Zhongke Magnetic
Tianhe Magnetics
Market split by Type:
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Others
Market split by Application:
Automotive
Air Conditioning
Wind Energy
Factory Automation
Consumer Goods & Electronics
Aerospace & Defense
Market split by Sales Channel:
Direct Channel
Distribution Channel
Market split by Region/Country:
North America (United States and Canada)
Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
South America (Brazil, Mexico, and Argentina, etc.)
Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
If you have any special requirements, please let us know and we can provide you the customized report as you want.
Chapter 1 Rare Earth Magnet Market Overview
1.1 Rare Earth Magnet Definition
1.2 Global Rare Earth Magnet Market Size Status and Outlook (2017-2031)
1.3 Global Rare Earth Magnet Market Size Comparison by Region (2017-2031)
1.4 Global Rare Earth Magnet Market Size Comparison by Type (2017-2031)
1.5 Global Rare Earth Magnet Market Size Comparison by Application (2017-2031)
1.6 Global Rare Earth Magnet Market Size Comparison by Sales Channel (2017-2031)
1.7 Rare Earth Magnet Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Rare Earth Magnet Market
Chapter 2 Rare Earth Magnet Market Competition by Player
2.1 Global Rare Earth Magnet Sales and Market Share by Player (2020-2022)
2.2 Global Rare Earth Magnet Revenue and Market Share by Player (2020-2022)
2.3 Global Rare Earth Magnet Average Price by Player (2020-2022)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Rare Earth Magnet Market Segment by Type
3.1 Global Rare Earth Magnet Market by Type
3.1.1 Sintered Neodymium Magnet
3.1.2 Bonded Neodymium Magnet
3.1.3 Others
3.2 Global Rare Earth Magnet Sales and Market Share by Type (2017-2022)
3.3 Global Rare Earth Magnet Revenue and Market Share by Type (2017-2022)
3.4 Global Rare Earth Magnet Average Price by Type (2017-2022)
3.5 Conclusion of Segment by Type
Chapter 4 Rare Earth Magnet Market Segment by Application
4.1 Global Rare Earth Magnet Market by Application
4.1.1 Automotive
4.1.2 Air Conditioning
4.1.3 Wind Energy
4.1.4 Factory Automation
4.1.5 Consumer Goods & Electronics
4.2 Global Rare Earth Magnet Revenue and Market Share by Application (2017-2022)
4.3 Conclusion of Segment by Application
Chapter 5 Rare Earth Magnet Market Segment by Sales Channel
5.1 Global Rare Earth Magnet Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Rare Earth Magnet Revenue and Market Share by Sales Channel (2017-2022)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Rare Earth Magnet Market Segment by Region & Country
6.1 Global Rare Earth Magnet Market Size and CAGR by Region (2017-2031)
6.2 Global Rare Earth Magnet Sales and Market Share by Region (2017-2022)
6.3 Global Rare Earth Magnet Revenue and Market Share by Region (2017-2022)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Rare Earth Magnet Market Share by Type
6.4.3 North America Rare Earth Magnet Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Rare Earth Magnet Market Share by Type
6.5.3 Europe Rare Earth Magnet Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Rare Earth Magnet Market Share by Type
6.6.3 Asia-Pacific Rare Earth Magnet Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Rare Earth Magnet Market Share by Type
6.7.3 South America Rare Earth Magnet Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Rare Earth Magnet Market Share by Type
6.8.3 Middle East & Africa Rare Earth Magnet Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Rare Earth Magnet Players
7.1 Zhong Ke San Huan
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Ningbo Yunsheng
7.3 JL MAG
7.4 ZHmag
7.5 Proterial (Hitachi Metals)
7.6 Innuovo Magnetics
7.7 Shin-Etsu Chemical
7.8 Yantai Dongxing (YSM)
7.9 TDK
7.10 Earth-Panda
7.11 Vacuumschmelze (VAC)
7.12 Jingci Material Science
7.13 Chengdu Galaxy Magnets
7.14 Ningbo Jinji
7.15 Zhejiang Zhongyuan Magnetic
7.16 Zhejiang Zhongke Magnetic
7.17 Tianhe Magnetics
Chapter 8 Upstream and Downstream Analysis of Rare Earth Magnet
8.1 Industrial Chain of Rare Earth Magnet
8.2 Upstream of Rare Earth Magnet
8.3 Downstream of Rare Earth Magnet
Chapter 9 Development Trend of Rare Earth Magnet (2023-2031)
9.1 Global Rare Earth Magnet Market Size (Sales and Revenue) Forecast (2023-2031)
9.2 Global Rare Earth Magnet Market Size and CAGR Forecast by Region (2023-2031)
9.3 Global Rare Earth Magnet Market Size and CAGR Forecast by Type (2023-2031)
9.4 Global Rare Earth Magnet Market Size and CAGR Forecast by Application (2023-2031)
9.5 Global Rare Earth Magnet Market Size and CAGR Forecast by Sales Channel (2023-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Rare Earth Magnet Example
Figure Global Rare Earth Magnet Revenue (Million $) Status and Outlook (2017-2031)
Figure Global Rare Earth Magnet Revenue (Million $) Comparison by Region (2017-2031)
Figure Global Rare Earth Magnet Revenue (Million $) Comparison by Type (2017-2031)
Figure Global Rare Earth Magnet Revenue (Million $) Comparison by Application (2017-2031)
Figure Global Rare Earth Magnet Revenue (Million $) Comparison by Sales Channel (2017-2031)
Table Global Rare Earth Magnet Sales by Player (2020-2022)
Table Global Rare Earth Magnet Sales Market Share by Player (2020-2022)
Figure Global Rare Earth Magnet Sales Market Share by Player in 2022
Table Global Rare Earth Magnet Revenue (Million $) by Player (2020-2022)
Table Global Rare Earth Magnet Revenue Market Share by Player (2020-2022)
Figure Global Rare Earth Magnet Revenue Market Share by Player in 2022
Table Global Rare Earth Magnet Average Price by Player (2020-2022)
Figure Global Rare Earth Magnet Average Price by Player in 2022
Figure Global Rare Earth Magnet Players Competition Situation – Top 5 Players’ Revenue Market Share in 2020
Figure Global Rare Earth Magnet Players Competition Trends – Top 5 Players’ Revenue Market Share in 2022
Figure Example of Sintered Neodymium Magnet
Figure Global Sintered Neodymium Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Bonded Neodymium Magnet
Figure Global Bonded Neodymium Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2017-2022)
Table Global Rare Earth Magnet Sales by Type (2017-2022)
Table Global Rare Earth Magnet Sales Market Share by Type (2017-2022)
Figure Global Rare Earth Magnet Sales Market Share by Type in 2022
Table Global Rare Earth Magnet Revenue (Million $) by Type (2017-2022)
Table Global Rare Earth Magnet Revenue Market Share by Type (2017-2022)
Figure Global Rare Earth Magnet Revenue Market Share by Type in 2022
Table Global Rare Earth Magnet Average Price by Type (2017-2022)
Figure Global Rare Earth Magnet Average Price by Type in 2022
Table Leading Players of Rare Earth Magnet by Type in 2022
Figure Example of Automotive
Figure Global Rare Earth Magnet for Automotive Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Air Conditioning
Figure Global Rare Earth Magnet for Air Conditioning Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Wind Energy
Figure Global Rare Earth Magnet for Wind Energy Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Factory Automation
Figure Global Rare Earth Magnet for Factory Automation Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Consumer Goods & Electronics
Figure Global Rare Earth Magnet for Consumer Goods & Electronics Revenue (Million $) and Growth Rate (2017-2022)
Table Global Rare Earth Magnet Sales by Application (2017-2022)
Table Global Rare Earth Magnet Sales Market Share by Application (2017-2022)
Figure Global Rare Earth Magnet Sales Market Share by Application in 2022
Table Leading Consumers of Rare Earth Magnet by Application in 2022
Figure Example of Direct Channel
Figure Global Rare Earth Magnet for Direct Channel Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Distribution Channel
Figure Global Rare Earth Magnet for Distribution Channel Revenue (Million $) and Growth Rate (2017-2022)
Table Global Rare Earth Magnet Revenue by Sales Channel (2017-2022)
Table Global Rare Earth Magnet Revenue Market Share by Sales Channel (2017-2022)
Figure Global Rare Earth Magnet Revenue Market Share by Sales Channel in 2022
Table Leading Distributors/Dealers of Rare Earth Magnet by Sales Channel in 2022
Table Global Rare Earth Magnet Market Size and CAGR by Region (2017-2031)
Table Global Rare Earth Magnet Sales by Region (2017-2022)
Table Global Rare Earth Magnet Sales Market Share by Region (2017-2022)
Figure Global Rare Earth Magnet Sales Market Share by Region in 2022
Table Global Rare Earth Magnet Revenue (Million $) by Region (2017-2022)
Table Global Rare Earth Magnet Revenue Market Share by Region (2017-2022)
Figure Global Rare Earth Magnet Revenue Market Share by Region in 2022
Table North America Rare Earth Magnet Sales by Country (2017-2022)
Figure North America Rare Earth Magnet Sales Market Share by Country (2017-2022)
Table North America Rare Earth Magnet Revenue by Country (2017-2022)
Figure North America Rare Earth Magnet Revenue Market Share by Country (2017-2022)
Figure North America Rare Earth Magnet Market Share by Type in 2022
Figure North America Rare Earth Magnet Market Share by Application in 2022
Figure United States Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure United States Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Canada Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Canada Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Table Europe Rare Earth Magnet Sales by Country (2017-2022)
Figure Europe Rare Earth Magnet Sales Market Share by Country (2017-2022)
Table Europe Rare Earth Magnet Revenue by Country (2017-2022)
Figure Europe Rare Earth Magnet Revenue Market Share by Country (2017-2022)
Figure Europe Rare Earth Magnet Market Share by Type in 2022
Figure Europe Rare Earth Magnet Market Share by Application in 2022
Figure Germany Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Germany Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure UK Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure UK Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure France Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure France Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Italy Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Italy Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Spain Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Spain Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Russia Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Russia Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Table Asia-Pacific Rare Earth Magnet Sales by Country (2017-2022)
Figure Asia-Pacific Rare Earth Magnet Sales Market Share by Country (2017-2022)
Table Asia-Pacific Rare Earth Magnet Revenue by Country (2017-2022)
Figure Asia-Pacific Rare Earth Magnet Revenue Market Share by Country (2017-2022)
Figure Asia-Pacific Rare Earth Magnet Market Share by Type in 2022
Figure Asia-Pacific Rare Earth Magnet Market Share by Application in 2022
Figure China Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure China Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Japan Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Japan Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Korea Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Korea Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure India Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure India Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Southeast Asia Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Southeast Asia Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Australia Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Australia Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Table South America Rare Earth Magnet Sales by Country (2017-2022)
Figure South America Rare Earth Magnet Sales Market Share by Country (2017-2022)
Table South America Rare Earth Magnet Revenue by Country (2017-2022)
Figure South America Rare Earth Magnet Revenue Market Share by Country (2017-2022)
Figure South America Rare Earth Magnet Market Share by Type in 2022
Figure South America Rare Earth Magnet Market Share by Application in 2022
Figure Brazil Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Brazil Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Mexico Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Mexico Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Argentina Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Argentina Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Colombia Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Colombia Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Table Middle East & Africa Rare Earth Magnet Sales by Country (2017-2022)
Figure Middle East & Africa Rare Earth Magnet Sales Market Share by Country (2017-2022)
Table Middle East & Africa Rare Earth Magnet Revenue by Country (2017-2022)
Figure Middle East & Africa Rare Earth Magnet Revenue Market Share by Country (2017-2022)
Figure Middle East & Africa Rare Earth Magnet Market Share by Type in 2022
Figure Middle East & Africa Rare Earth Magnet Market Share by Application in 2022
Figure Turkey Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Turkey Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure UAE Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure UAE Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure Saudi Arabia Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure Saudi Arabia Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Figure South Africa Rare Earth Magnet Sales and Growth Rate (2017-2022)
Figure South Africa Rare Earth Magnet Revenue (Million $) and Growth Rate (2017-2022)
Table Company Snapshot of Zhong Ke San Huan
Table Rare Earth Magnet Introduction of Zhong Ke San Huan
Table Rare Earth Magnet Sales, Price, Revenue, Gross Margin and Market Share of Zhong Ke San Huan (2020-2022)
Table Industrial Chain of Rare Earth Magnet
Table Manufacturing Cost Structure of Rare Earth Magnet
Table General Manufacturing Process of Rare Earth Magnet
Table Leading Distributors/Dealers of Rare Earth Magnet
Table Leading Consumers of Rare Earth Magnet
Figure Global Rare Earth Magnet Sales and Growth Rate Forecast (2023-2031)
Figure Global Rare Earth Magnet Revenue and Growth Rate Forecast (2023-2031)
Table Global Rare Earth Magnet Market Size and CAGR Forecast by Region (2023-2031)
Table Global Rare Earth Magnet Market Size and CAGR Forecast by Type (2023-2031)
Table Global Rare Earth Magnet Market Size and CAGR Forecast by Application (2023-2031)
Table Global Rare Earth Magnet Market Size and CAGR Forecast by Sales Channel (2023-2031)
Research Methodology:
Report on Global Rare Earth Magnet Market by Player Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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