Sintered Rare Earth Magnets Market Report 2025 (Global Edition)

Global Sintered Rare Earth Magnets Market Report 2025 Market Size Split by Type (Sintered Neodymium-Iron-Boron (NdFeB) Magnets, Sintered Samarium-Cobalt (SmCo) Magnets), by Application (Automobile, El...

Sintered Rare Earth Magnets Market Report Description

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Sintered Rare Earth Magnets Market Insights Video

Competitive Landscape of the Sintered Rare Earth Magnets Market

The market for sintering rare earth magnets is very regionally focused and features a mix of well-established and up-and-coming businesses in its competitive landscape. Prominent corporations frequently concentrate on developing novel products and broadening their use of magnets in cutting-edge technologies such as electric vehicles (EVs), renewable energy, and industrial automation. These significant businesses strengthened their positions in the market using a range of main methods, including product launches, M&As, expansions, and deals. The acquisitions and expansions received a lot of attention.

Top Companies Market Share in Sintered Rare Earth Magnets Industry: (In no particular order of Rank)

• MMC Magnetics
• Tokyo Ferrite
• Ningbo Newland Magnetics
• DailyMag
• Advanced Magnets
• SIMOTEC Group
• Jyun Magnetism Group
• TDK
• Sura Magnets
• AA International Inc
• INST Magnetic New Materials
• Ta Tong Magnet
• Jiangmen Magsource New Material
• Eclipse Magnetics (Spear & Jackson)
• Bunting Europe
• Anhui Earth-Panda Advance Magnetic Material
• Ningbo Beilun Meank Magnet
• Magtech Magnetic Products Corp.
• Hangzhou Vector Magnet
• Hengdian Group DMEGC Magnetics
• Zhonghao Magnetic Materials
• ACH Magnetics Inc
• Zhaobao Permanent Magnet Technology
• AIC Magnet Ltd
• ShinEtsu
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Sintered Rare Earth Magnets Market

Which Region Dominates the Sintered Rare Earth Magnets Market in 2024?

According to Cognitive Market Research, North America currently dominates the Sintered Rare Earth Magnets market, and the region is expected to have significant growth during the projected period. The region's increasing EV usage is an important issue, as these magnets are essential to the high performance and efficiency of the motors used in EV propulsion. Moreover, the growth of the renewable energy sector, particularly wind power, is driving the need for these magnets since they are necessary for wind turbines to operate.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) ascribed to the region's robust industrial foundation and growing demand from various sectors. The automobile industry is one of the primary drivers, as the rising need for high-performance magnets used in EV motors is a result of the EVs' increasing popularity. Furthermore, the electronics industries in countries like South Korea, Japan, and China also have a big influence because these magnets are needed for the production of laptops, cellphones, and other consumer electronics.

The current report Scope analyzes Sintered Rare Earth Magnets Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Sintered Rare Earth Magnets Market Analysis

According to Cognitive Market Research, the global Sintered Rare Earth Magnets market size was estimated at USD XX Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Sintered Rare Earth Magnets market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 2.3% during the forecast period because of the rising demand for electric cars and other renewable energy sources like wind turbines.
• The Canada Sintered Rare Earth Magnets market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period because of their expanding use across numerous industries.
• The Mexico Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD XX million in 2024.

Europe Sintered Rare Earth Magnets Market Analysis

According to Cognitive Market Research, the global Sintered Rare Earth Magnets market size was estimated at USD XX Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031.

• The United Kingdom Sintered Rare Earth Magnets market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.6% during the forecast period. The development of sophisticated magnetic materials and the shift toward renewable energy sources will probably propel market expansion in this nation.
• The France Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German Sintered Rare Earth Magnets market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period as a result of rising investments in the fields of renewable energy.
• The Italy Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD XX million in 2024.
• The Russia Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 1.8% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 1.9% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD XX million in 2024.
• The Greece Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Europe's Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Sintered Rare Earth Magnets Market Analysis

According to Cognitive Market Research, the global Sintered Rare Earth Magnets market size was estimated at USD XX Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.

• According to Cognitive Market Research, the China Sintered Rare Earth Magnets market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period due to the growing popularity of electric vehicles and other renewable energy sources, such as wind turbines, and their increasing application in a wide range of businesses.
• The Japan Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD XX million in 2024.
• The India Sintered Rare Earth Magnets market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.1% during the forecast period. The advancement of advanced magnetic materials and the transition to renewable energy sources will likely drive market growth in this country.
• The South Korean Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD XX million in 2024.
• The Australian Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD XX million in 2024.

South America Sintered Rare Earth Magnets Market Analysis

According to Cognitive Market Research, the global Sintered Rare Earth Magnets market size was estimated at USD XX Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Sintered Rare Earth Magnets market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period due to an increase in funding for the renewable energy industries.
• Argentina's Sintered Rare Earth Magnets market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.6% during the forecast period because of the rising acceptance of electric cars and other renewable energy sources, such wind turbines, and the expanding use of these sources in a variety of industries.
• Colombia Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.
• Peru Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD XX million in 2024.
• Chile Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America's Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD XX million in 2024.

Middle East Sintered Rare Earth Magnets Market Analysis

According to Cognitive Market Research, the global Sintered Rare Earth Magnets market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031..

• The GCC Countries Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD XX million in 2024. The development of more sophisticated magnetic materials and the switch to renewable energy sources will probably propel market expansion in this nation.
• The Egypt Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD XX million in 2024 as a result of increased financing for the sectors that produce renewable energy.
• The Turkey Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA Sintered Rare Earth Magnets market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD XX million in 2024.

Sintered Rare Earth Magnets Market Analysis

How are Segments Performing in the Global Sintered Rare Earth Magnets Market?

Sintered Rare Earth Magnets Market Type Segment Analysis

According to Cognitive Market Research, Sintered Neodymium-Iron-Boron (NdFeB) Magnets category is likely to dominate the Sintered Rare Earth Magnets Market over the forecast period propelled by their extensive usage in consumer electronics, renewable energy applications, and electric vehicles (EVs). Because of its exceptional magnetic strength, NdFeB magnets are indispensable in wind turbine and electric vehicle (EV) motors, where power density and efficiency are critical. This category is expanding at an even faster rate due to the increased need for high-performance, tiny components in devices like industrial equipment and cellphones.

The Sintered Samarium-Cobalt (SmCo) Magnets is the fastest-growing segment in the Sintered Rare Earth Magnets Market. Due to their exceptional corrosion resistance and thermal stability, SmCo magnets are well-suited for applications in the aerospace, military, and other high-temperature and challenging industries. Despite being more costly than NdFeB magnets, their special qualities are creating a constant demand in sectors where dependability and resilience in harsh environments are crucial. It is anticipated that this category will continue to grow rapidly in niche industries where high-performance magnets with high temperature resistance are necessary.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sintered Rare Earth Magnets Industry. Request a Free Sample PDF!

Sintered Rare Earth Magnets Market Application Segment Analysis

According to Cognitive Market Research, the automobile segment holds the largest share of the market mainly due to the EVs' (electric vehicles) explosive growth. The need for neodymium-iron-boron (NdFeB) magnets, in particular, has increased as manufacturers move toward electrification. Due to their great magnetic strength, these magnets are essential to electric motors since they lower weight and increase energy efficiency. Further increasing the need for sintered rare earth magnets in this industry is the expanding usage of hybrid engines, advanced driver assistance systems (ADAS), and other vehicle electronics.

In the Sintered Rare Earth Magnets Market, the electronics has been expanding at a rapid pace. The need for sintered rare earth magnets is being driven mostly by the proliferation of consumer electronics, including wearables, computers, smartphones, and other smart gadgets. These magnets are crucial for enabling the high performance downsizing of electronic components, which makes them indispensable in the tiny, effective motors used in hard drives, speakers, and sensors. This expansion is also being facilitated by the increasing trend of automation and the usage of IoT (Internet of Things) devices, both of which mainly rely on small, potent magnet systems.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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