Global Permanent Rare Earth Magnets market size is predicted to grow from US$ 976 million in 2025 to US$ 1299 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031. Get Access Now!

Global Permanent Rare Earth Magnets  Market Growth and Outlook 2025-2031

The global Permanent Rare Earth Magnets market size is predicted to grow from US$ 976 million in 2025 to US$ 1299 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031. The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report. Permanent rare earth magnets are the strongest type of permanent magnets, made from alloys of rare earth elements like neodymium, samarium, and cobalt. They exhibit exceptional magnetic strength, high coercivity (resistance to demagnetization), and excellent temperature stability. These magnets are used in diverse applications, including electric motors, generators, hard disk drives, and medical devices. Their high performance allows for miniaturization and increased efficiency in various technologies. Despite their strength, they can be brittle and susceptible to corrosion, requiring protective coatings. The permanent rare earth magnet industry is experiencing dynamic growth, driven by the global shift towards electrification and renewable energy. A significant trend is the increasing demand for high-performance magnets in electric vehicles (EVs) and wind turbines, as these technologies require powerful and efficient magnetic components. Manufacturers are focusing on improving magnet performance, reducing reliance on critical rare earth elements, and enhancing sustainability. This involves research into alternative magnet compositions, recycling technologies, and more efficient production processes. The industry is also witnessing a growing emphasis on localized production and supply chain diversification to mitigate geopolitical risks associated with rare earth element sourcing. The miniaturization of electronic devices and the expansion of robotics and automation are further driving demand for small, powerful magnets. Additionally, the medical device sector continues to rely on rare earth magnets for applications like MRI machines and implantable devices. The development of advanced magnetic materials with improved temperature stability and corrosion resistance is also a key focus. Furthermore, the industry is adapting to meet stricter environmental regulations by reducing waste and emissions during magnet production. Overall, the permanent rare earth magnet industry is evolving rapidly, with a focus on innovation, sustainability, and supply chain resilience to meet the growing needs of diverse applications. Infinity Market Research newest research report, the Permanent Rare Earth Magnets Industry Forecast looks at past sales and reviews total world Permanent Rare Earth Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Permanent Rare Earth Magnets sales for 2025 through 2031. With Permanent Rare Earth Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Rare Earth Magnets industry. This Insight Report provides a comprehensive analysis of the global Permanent Rare Earth Magnets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Rare Earth Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Permanent Rare Earth Magnets market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Rare Earth Magnets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Rare Earth Magnets. This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Rare Earth Magnets market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Neodymium Magnets &nbsp;&nbsp;&nbsp; Samarium Magnets Segmentation by Application: &nbsp;&nbsp;&nbsp; Industrial &nbsp;&nbsp;&nbsp; Consumer Electronics &nbsp;&nbsp;&nbsp; Home Appliances &nbsp;&nbsp;&nbsp; Automotive &nbsp;&nbsp;&nbsp; Wind Turbines &nbsp;&nbsp;&nbsp; Medical Equipment &nbsp;&nbsp;&nbsp; Aerospace This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Hitachi Metals &nbsp;&nbsp;&nbsp; Vacuumschmelze &nbsp;&nbsp;&nbsp; Shin-Etsu Rare Earth Magnet &nbsp;&nbsp;&nbsp; TDK Key Questions Addressed in this Report What is the 10-year outlook for the global Permanent Rare Earth Magnets market? What factors are driving Permanent Rare Earth Magnets market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Permanent Rare Earth Magnets market opportunities vary by end market size? How does Permanent Rare Earth Magnets break out by Type, by Application?

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Permanent Rare Earth Magnets Annual Sales 2020-2031 &nbsp;2.1.2 World Current & Future Analysis for Permanent Rare Earth Magnets by Geographic Region, 2020, 2024 & 2031 &nbsp;2.1.3 World Current & Future Analysis for Permanent Rare Earth Magnets by Country/Region, 2020, 2024 & 2031 &nbsp;2.2 Permanent Rare Earth Magnets Segment by Type &nbsp;2.2.1 Neodymium Magnets &nbsp;2.2.2 Samarium Magnets &nbsp;2.3 Permanent Rare Earth Magnets Sales by Type &nbsp;2.3.1 Global Permanent Rare Earth Magnets Sales Market Share by Type (2020-2025) &nbsp;2.3.2 Global Permanent Rare Earth Magnets Revenue and Market Share by Type (2020-2025) &nbsp;2.3.3 Global Permanent Rare Earth Magnets Sale Price by Type (2020-2025) &nbsp;2.4 Permanent Rare Earth Magnets Segment by Application &nbsp;2.4.1 Industrial &nbsp;2.4.2 Consumer Electronics &nbsp;2.4.3 Home Appliances &nbsp;2.4.4 Automotive &nbsp;2.4.5 Wind Turbines &nbsp;2.4.6 Medical Equipment &nbsp;2.4.7 Aerospace &nbsp;2.5 Permanent Rare Earth Magnets Sales by Application &nbsp;2.5.1 Global Permanent Rare Earth Magnets Sale Market Share by Application (2020-2025) &nbsp;2.5.2 Global Permanent Rare Earth Magnets Revenue and Market Share by Application (2020-2025) &nbsp;2.5.3 Global Permanent Rare Earth Magnets Sale Price by Application (2020-2025) 3 Global by Company &nbsp;3.1 Global Permanent Rare Earth Magnets Breakdown Data by Company &nbsp;3.1.1 Global Permanent Rare Earth Magnets Annual Sales by Company (2020-2025) &nbsp;3.1.2 Global Permanent Rare Earth Magnets Sales Market Share by Company (2020-2025) &nbsp;3.2 Global Permanent Rare Earth Magnets Annual Revenue by Company (2020-2025) &nbsp;3.2.1 Global Permanent Rare Earth Magnets Revenue by Company (2020-2025) &nbsp;3.2.2 Global Permanent Rare Earth Magnets Revenue Market Share by Company (2020-2025) &nbsp;3.3 Global Permanent Rare Earth Magnets Sale Price by Company &nbsp;3.4 Key Manufacturers Permanent Rare Earth Magnets Producing Area Distribution, Sales Area, Product Type &nbsp;3.4.1 Key Manufacturers Permanent Rare Earth Magnets Product Location Distribution &nbsp;3.4.2 Players Permanent Rare Earth Magnets Products Offered &nbsp;3.5 Market Concentration Rate Analysis &nbsp;3.5.1 Competition Landscape Analysis &nbsp;3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.6 New Products and Potential Entrants &nbsp;3.7 Market M&A Activity & Strategy 4 World Historic Review for Permanent Rare Earth Magnets by Geographic Region &nbsp;4.1 World Historic Permanent Rare Earth Magnets Market Size by Geographic Region (2020-2025) &nbsp;4.1.1 Global Permanent Rare Earth Magnets Annual Sales by Geographic Region (2020-2025) &nbsp;4.1.2 Global Permanent Rare Earth Magnets Annual Revenue by Geographic Region (2020-2025) &nbsp;4.2 World Historic Permanent Rare Earth Magnets Market Size by Country/Region (2020-2025) &nbsp;4.2.1 Global Permanent Rare Earth Magnets Annual Sales by Country/Region (2020-2025) &nbsp;4.2.2 Global Permanent Rare Earth Magnets Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Permanent Rare Earth Magnets Sales Growth &nbsp;4.4 APAC Permanent Rare Earth Magnets Sales Growth &nbsp;4.5 Europe Permanent Rare Earth Magnets Sales Growth &nbsp;4.6 Middle East & Africa Permanent Rare Earth Magnets Sales Growth 5 Americas &nbsp;5.1 Americas Permanent Rare Earth Magnets Sales by Country &nbsp;5.1.1 Americas Permanent Rare Earth Magnets Sales by Country (2020-2025) &nbsp;5.1.2 Americas Permanent Rare Earth Magnets Revenue by Country (2020-2025) &nbsp;5.2 Americas Permanent Rare Earth Magnets Sales by Type (2020-2025) &nbsp;5.3 Americas Permanent Rare Earth Magnets Sales by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Permanent Rare Earth Magnets Sales by Region &nbsp;6.1.1 APAC Permanent Rare Earth Magnets Sales by Region (2020-2025) &nbsp;6.1.2 APAC Permanent Rare Earth Magnets Revenue by Region (2020-2025) &nbsp;6.2 APAC Permanent Rare Earth Magnets Sales by Type (2020-2025) &nbsp;6.3 APAC Permanent Rare Earth Magnets Sales by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia &nbsp;6.10 China Taiwan 7 Europe &nbsp;7.1 Europe Permanent Rare Earth Magnets by Country &nbsp;7.1.1 Europe Permanent Rare Earth Magnets Sales by Country (2020-2025) &nbsp;7.1.2 Europe Permanent Rare Earth Magnets Revenue by Country (2020-2025) &nbsp;7.2 Europe Permanent Rare Earth Magnets Sales by Type (2020-2025) &nbsp;7.3 Europe Permanent Rare Earth Magnets Sales by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Permanent Rare Earth Magnets by Country &nbsp;8.1.1 Middle East & Africa Permanent Rare Earth Magnets Sales by Country (2020-2025) &nbsp;8.1.2 Middle East & Africa Permanent Rare Earth Magnets Revenue by Country (2020-2025) &nbsp;8.2 Middle East & Africa Permanent Rare Earth Magnets Sales by Type (2020-2025) &nbsp;8.3 Middle East & Africa Permanent Rare Earth Magnets Sales by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Manufacturing Cost Structure Analysis &nbsp;10.1 Raw Material and Suppliers &nbsp;10.2 Manufacturing Cost Structure Analysis of Permanent Rare Earth Magnets &nbsp;10.3 Manufacturing Process Analysis of Permanent Rare Earth Magnets &nbsp;10.4 Industry Chain Structure of Permanent Rare Earth Magnets 11 Marketing, Distributors and Customer &nbsp;11.1 Sales Channel &nbsp;11.1.1 Direct Channels &nbsp;11.1.2 Indirect Channels &nbsp;11.2 Permanent Rare Earth Magnets Distributors &nbsp;11.3 Permanent Rare Earth Magnets Customer 12 World Forecast Review for Permanent Rare Earth Magnets by Geographic Region &nbsp;12.1 Global Permanent Rare Earth Magnets Market Size Forecast by Region &nbsp;12.1.1 Global Permanent Rare Earth Magnets Forecast by Region (2026-2031) &nbsp;12.1.2 Global Permanent Rare Earth Magnets Annual Revenue Forecast by Region (2026-2031) &nbsp;12.2 Americas Forecast by Country (2026-2031) &nbsp;12.3 APAC Forecast by Region (2026-2031) &nbsp;12.4 Europe Forecast by Country (2026-2031) &nbsp;12.5 Middle East & Africa Forecast by Country (2026-2031) &nbsp;12.6 Global Permanent Rare Earth Magnets Forecast by Type (2026-2031) &nbsp;12.7 Global Permanent Rare Earth Magnets Forecast by Application (2026-2031) 13 Key Players Analysis &nbsp;13.1 Hitachi Metals &nbsp;13.1.1 Hitachi Metals Company Information &nbsp;13.1.2 Hitachi Metals Permanent Rare Earth Magnets Product Portfolios and Specifications &nbsp;13.1.3 Hitachi Metals Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.1.4 Hitachi Metals Main Business Overview &nbsp;13.1.5 Hitachi Metals Latest Developments &nbsp;13.2 Vacuumschmelze &nbsp;13.2.1 Vacuumschmelze Company Information &nbsp;13.2.2 Vacuumschmelze Permanent Rare Earth Magnets Product Portfolios and Specifications &nbsp;13.2.3 Vacuumschmelze Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.2.4 Vacuumschmelze Main Business Overview &nbsp;13.2.5 Vacuumschmelze Latest Developments &nbsp;13.3 Shin-Etsu Rare Earth Magnet &nbsp;13.3.1 Shin-Etsu Rare Earth Magnet Company Information &nbsp;13.3.2 Shin-Etsu Rare Earth Magnet Permanent Rare Earth Magnets Product Portfolios and Specifications &nbsp;13.3.3 Shin-Etsu Rare Earth Magnet Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.3.4 Shin-Etsu Rare Earth Magnet Main Business Overview &nbsp;13.3.5 Shin-Etsu Rare Earth Magnet Latest Developments &nbsp;13.4 TDK &nbsp;13.4.1 TDK Company Information &nbsp;13.4.2 TDK Permanent Rare Earth Magnets Product Portfolios and Specifications &nbsp;13.4.3 TDK Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.4.4 TDK Main Business Overview &nbsp;13.4.5 TDK Latest Developments 14 Research Findings and Conclusion

Report	Global Permanent Rare Earth Magnets Market Growth 2025-2031
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