Global Rare Earth Magnet Market to Reach USD 10.6bn by 2026, Finds New Market Report

Global Rare Earth Magnet Market to Reach USD 10.6bn by 2026, Finds New Market Report

Market Research Reports, Inc. has announced the addition of “Global Rare Earth Magnets Market Insights, Forecast to 2025” report in its offering.

Rare-earth magnets are strong permanent magnets made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets. The magnetic field typically produced by rare-earth magnets can exceed 1.4 teslas, whereas ferrite or ceramic magnets typically exhibit fields of 0.5 to 1 tesla. There are two types: neodymium magnets and samarium–cobalt magnets. Magnetostrictive rare-earth magnets such as Terfenol-D also have applications, e.g. in loudspeakers. Rare-earth magnets are extremely brittle and also vulnerable to corrosion, so they are usually plated or coated to protect them from breaking, chipping, or crumbling into powder.

China is the largest, permanent magnet producer in the Asia Pacific. The United States after China has the largest market for rare earth magnets. Apart from these two producers, countries such as Korea, Southeast Asia, Europe, and others also account a significant share in the rare earth magnet market.

ORDER THIS REPORT: Global Rare Earth Magnets Market Insights, Forecast to 2025

This report researches the worldwide Rare Earth Magnets market size (value, capacity, production, and consumption) in key regions like the United States, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Rare Earth Magnets breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Rare Earth Magnets Breakdown Data by Application
>High-Efficiency Motors
>Turbine Generators

Rare Earth Magnets Production Breakdown Data by Region
>United States
>Other Regions

The following manufacturers are covered in this report:
>Galaxy Magnetic
>Adams Magnetic Products
>Daido Electronics
>Innuovo Magnetics
>Yunsheng Company
>Earth- Panda
>Master Magnetics

Rare Earth Magnets Breakdown Data by Type
>Samarium Cobalt (SmCo)
>Neodymium (Nd-Fe-B)

The study objectives are:
To analyze and research the global Rare Earth Magnets capacity, production, value, consumption, status and forecast;
To focus on the key Rare Earth Magnets manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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