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.)
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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)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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