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Wednesday, June 16, 2021

Global Rare Earth Magnet Market to be Driven by ways in new applications like energy vehicles, intelligent manufacturing, etc., in the Forecast Period of 2021-2026

 The new report by EMR titled, ‘Global Rare Earth Magnet Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global rare earth magnet market, assessing the market based on its segments like magnet type, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 148.04 Million
  • Forecast CAGR (2021-2026): 7.0%
  • Forecast Market Size (2026): USD 196.25 Million

Neodymium magnets and samarium-cobalt magnets are two forms of rare earth magnets. Neodymium magnets have the strongest magnetic field and are the most magnetically stable, although their curie temperature is lower. Compared to neodymium magnets, samarium cobalt magnets have a lower magnetic field strength but a higher curie temperature.

The majority of global rare earth magnet volumes were made up of neodymium-iron-boron magnets in 2018.

Explore the full report with the table of contents@

Industry Definition and Major Segments

Based on magnet type, the market can be divided into:

  • Neodymium-Iron-Boron Magnet
  • Samarium-Cobalt Magnet

Based on application, the market can be divided into:

Latest Global News on Rare Earth Magnet Market@

Based on region, the market can be divided into:

  • China
  • United States
  • Europe
  • Others

China, Japan, Europe, the United States, and other regions are the largest markets for rare earth magnets.

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Market Trends

According to the competitive landscape, the majority of competitors in the worldwide rare earth magnets market are based in China due to a reliable and cost-effective supply of essential raw materials. Other players can be found throughout the US, Europe, and Japan.

Key Market Players

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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