The global rareearth bonded magnet market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for high-performance magnets in various applications such as hybrid/electric vehicles, hard disk drives, and high efficiency motors.
NdFeB magnets are expected to be the fastest growing type segment in the global rareearth bonded magnet market during the forecast period due to their low cost and high performance characteristics. The application segment that is expected to witness significant growth during the forecast period is hard disk drives owing to its increasing demand for data storage devices with higher capacity and faster data transfer rates.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric vehicles and wind turbines will drive the growth of the rare-earth bonded magnet market in the near future.
- China has been dominating this market with a share of more than 50% in 2015, followed by Japan and Europe respectively with shares of 20% and 10%.
- The major players in this market are Hitachi Metals, Nippon Steel & Sumitomo Metal Corporation, JFE Steel Corporation, ThyssenKrupp AG, ArcelorMittal SA., etc, who are investing heavily on R&D activities to develop new products that can meet customer requirements better than their competitors do.
- Increasing environmental concerns about hazardous substances such as lead and mercury used in other types of magnets will also drive the growth of this market over the forecast period.
Industry Growth Insights published a new data on “Rare-earth Bonded Magnet Market”. The research report is titled “Rare-earth Bonded Magnet Market research by Types (NdFeB Magnet, SmCo Magnet), By Applications (High Efficiency Motors, Hybrid/Electric Vehicles, Hard Disk Drives, Others), By Players/Companies Galaxy Magnetic, Shanghai San Huan Magnetics, Daido Electronics, Innuovo Magnetics, Yunsheng Company, AT&M, Magsuper, Earth- Panda, Pinghu Geor Chi Electronics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rare-earth Bonded Magnet Market Research Report
By Type
NdFeB Magnet, SmCo Magnet
By Application
High Efficiency Motors, Hybrid/Electric Vehicles, Hard Disk Drives, Others
By Companies
Galaxy Magnetic, Shanghai San Huan Magnetics, Daido Electronics, Innuovo Magnetics, Yunsheng Company, AT&M, Magsuper, Earth- Panda, Pinghu Geor Chi Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Rare-earth Bonded Magnet Market Report Segments:
The global Rare-earth Bonded Magnet market is segmented on the basis of:
Types
NdFeB Magnet, SmCo Magnet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Efficiency Motors, Hybrid/Electric Vehicles, Hard Disk Drives, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Galaxy Magnetic
- Shanghai San Huan Magnetics
- Daido Electronics
- Innuovo Magnetics
- Yunsheng Company
- AT&M
- Magsuper
- Earth- Panda
- Pinghu Geor Chi Electronics
Highlights of The Rare-earth Bonded Magnet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NdFeB Magnet
- SmCo Magnet
- By Application:
- High Efficiency Motors
- Hybrid/Electric Vehicles
- Hard Disk Drives
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rare-earth Bonded Magnet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rare-earth bonded magnets are made of a metal core with several rare earth elements dispersed throughout the material. The rare earths give the magnet its strong magnetic properties.
Some of the key players operating in the rare-earth bonded magnet market are Galaxy Magnetic, Shanghai San Huan Magnetics, Daido Electronics, Innuovo Magnetics, Yunsheng Company, AT&M, Magsuper, Earth- Panda, Pinghu Geor Chi Electronics.
The rare-earth bonded magnet market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rare-earth Bonded Magnet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rare-earth Bonded Magnet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rare-earth Bonded Magnet Market - Supply Chain
4.5. Global Rare-earth Bonded Magnet Market Forecast
4.5.1. Rare-earth Bonded Magnet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rare-earth Bonded Magnet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rare-earth Bonded Magnet Market Absolute $ Opportunity
5. Global Rare-earth Bonded Magnet Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rare-earth Bonded Magnet Market Size and Volume Forecast by Type
5.3.1. NdFeB Magnet
5.3.2. SmCo Magnet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rare-earth Bonded Magnet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rare-earth Bonded Magnet Market Size and Volume Forecast by Application
6.3.1. High Efficiency Motors
6.3.2. Hybrid/Electric Vehicles
6.3.3. Hard Disk Drives
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rare-earth Bonded Magnet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rare-earth Bonded Magnet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rare-earth Bonded Magnet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rare-earth Bonded Magnet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rare-earth Bonded Magnet Demand Share Forecast, 2019-2026
9. North America Rare-earth Bonded Magnet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rare-earth Bonded Magnet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rare-earth Bonded Magnet Market Size and Volume Forecast by Application
9.4.1. High Efficiency Motors
9.4.2. Hybrid/Electric Vehicles
9.4.3. Hard Disk Drives
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rare-earth Bonded Magnet Market Size and Volume Forecast by Type
9.7.1. NdFeB Magnet
9.7.2. SmCo Magnet
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rare-earth Bonded Magnet Demand Share Forecast, 2019-2026
10. Latin America Rare-earth Bonded Magnet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rare-earth Bonded Magnet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rare-earth Bonded Magnet Market Size and Volume Forecast by Application
10.4.1. High Efficiency Motors
10.4.2. Hybrid/Electric Vehicles
10.4.3. Hard Disk Drives
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rare-earth Bonded Magnet Market Size and Volume Forecast by Type
10.7.1. NdFeB Magnet
10.7.2. SmCo Magnet
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rare-earth Bonded Magnet Demand Share Forecast, 2019-2026
11. Europe Rare-earth Bonded Magnet Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rare-earth Bonded Magnet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rare-earth Bonded Magnet Market Size and Volume Forecast by Application
11.4.1. High Efficiency Motors
11.4.2. Hybrid/Electric Vehicles
11.4.3. Hard Disk Drives
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rare-earth Bonded Magnet Market Size and Volume Forecast by Type
11.7.1. NdFeB Magnet
11.7.2. SmCo Magnet
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rare-earth Bonded Magnet Demand Share, 2019-2026
12. Asia Pacific Rare-earth Bonded Magnet Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rare-earth Bonded Magnet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rare-earth Bonded Magnet Market Size and Volume Forecast by Application
12.4.1. High Efficiency Motors
12.4.2. Hybrid/Electric Vehicles
12.4.3. Hard Disk Drives
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rare-earth Bonded Magnet Market Size and Volume Forecast by Type
12.7.1. NdFeB Magnet
12.7.2. SmCo Magnet
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rare-earth Bonded Magnet Demand Share, 2019-2026
13. Middle East & Africa Rare-earth Bonded Magnet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rare-earth Bonded Magnet Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rare-earth Bonded Magnet Market Size and Volume Forecast by Application
13.4.1. High Efficiency Motors
13.4.2. Hybrid/Electric Vehicles
13.4.3. Hard Disk Drives
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rare-earth Bonded Magnet Market Size and Volume Forecast by Type
13.7.1. NdFeB Magnet
13.7.2. SmCo Magnet
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rare-earth Bonded Magnet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rare-earth Bonded Magnet Market: Market Share Analysis
14.2. Rare-earth Bonded Magnet Distributors and Customers
14.3. Rare-earth Bonded Magnet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Galaxy Magnetic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shanghai San Huan Magnetics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Daido Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Innuovo Magnetics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yunsheng Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AT&M
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Magsuper
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Earth- Panda
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pinghu Geor Chi Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
