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Global Magnets

Global Magnets

Global demand for magnets is forecasts to increase 7.7% through 2023 per year to $17.9 billion. Rising manufacturing output and an ongoing trend toward the use of more efficient and smaller industrial parts will support advances.
This report covers magnet demand by Product, Market, and Region. Data are given in US dollars.

Magnet types discussed in this report include:
Neodymium
Ferrite
Samarium cobalt
Alnico

Major markets for magnets include:
Electronics
Industrial
Automotive

Regional magnet demand is available for:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report presents historical demand data for 2008, 2013, 2018 and forecast for 2023. Demand is provided by product (neodymium, ferrite, samarium cobalt, alnico), market (electronics, industrial, automotive), and major region. The study also evaluates company market share and analyzes industry competitors including Bejing Zhong Ke San Huan Hi-Tech, Daido Steel, Hengdian Group, Hitachi, JL MAG Rare Earth, Ningbo Yunsheng, Shin-Etsu Chemical, and TDK.


  • Market Brief
    • Table Figure 1-1 | Global Magnets Market
  • Global Market Overview
    • Demand by Region
      • Table Global Magnet Demand by Region, 2008 – 2023
      • Table Figure 2-1 | Global Magnet Demand, 2004 – 2018
    • Raw Materials
      • Rare Earths
      • Cobalt
    • Pricing
      • Table Global Magnet Prices by Product, 2008 – 2023
    • Technological Development
      • Growing Focus on Alternatives to Neodymium & Dysprosium
      • Energy Efficient & Hybrid Motors
      • Recycling & Reuse of Magnets & Rare Earths
      • Designing Permanent Magnets Using Additive Manufacturing for Electric Motors
      • Global Shift to Renewable Energies (Wind, Fuel Cells) & Low-Carbon Economy
    • Regulatory Trends
      • Chinese Manufacturing Regulations for Rare Earth Elements & Magnets
      • Chinese Export Restrictions on Rare Earth Elements
      • Ban on Chinese Rare Earth Products by the US for Military Applications in 2018
      • Trade War Between China & the US
  • Products
    • Demand by Product
      • Table Global Magnet Demand by Product, 2008 – 2023
      • Table Figure 3-1 | Global Magnet Value & Volume Demand Share by Product, 2018
    • Neodymium
      • Table Global Neodymium Magnet Demand by Region, 2008 – 2023
    • Ferrite
      • Table Global Ferrite Magnet Demand by Region, 2008 – 2023
    • Samarium Cobalt
      • Table Global Samarium Cobalt Magnet Demand by Region, 2008 – 2023
    • Alnico & Other Magnets
      • Table Global Alnico & Other Magnet Demand by Type & Region, 2008 – 2023
  • Markets
    • Demand by Market
      • Table Global Magnet Demand by Market, 2008 – 2023
      • Table Figure 4-1 | Magnet Demand Share by Market, 2008 – 2023
    • Electronics
      • Table Global Electronics Magnet Demand by Region, 2008 – 2023
    • Industrial
      • Table Global Industrial Magnet Demand by Application & Region, 2008 – 2023
    • Automotive
      • Table Global Automotive Magnet Demand by Vehicle Type, Application, & Region, 2008 – 2023
    • Other Markets
      • Table Global Demand for Magnets Used in Other Markets by Application & Region, 2008 – 2023
  • Regions
    • North America: Demand by Product & Market
      • Table North America: Magnet Demand by Product & Market, 2008 – 2023
    • North America: Demand by Country
      • Table North America: Magnet Demand by Country, 2008 – 2023
      • United States
        • Table United States: Magnet Demand by Product & Market, 2008 – 2023
        • Table Figure 5-1 | United States: Magnet Demand, 2004 – 2018
      • Canada & Mexico
        • Table Canada & Mexico: Magnet Demand by Product & Market, 2008 – 2023
        • Table Figure 5-2 | Canada & Mexico: Magnet Demand, 2004 – 2018
    • Central & South America: Demand by Product & Market
      • Table Central & South America: Magnet Demand by Product & Market, 2008 – 2023
      • Table Figure 5-3 | Central & South America: Magnet Demand, 2004 – 2018
    • Europe: Demand by Product & Market
      • Table Europe: Magnet Demand by Product & Market, 2008 – 2023
    • Europe: Demand by Country
      • Table Europe: Magnet Demand by Country, 2008 – 2023
      • Germany
        • Table Figure 5-4 | Germany: Magnet Demand, 2004 – 2018
      • France
        • Table Figure 5-5 | France: Magnet Demand, 2004 – 2018
      • United Kingdom
        • Table Figure 5-6 | United Kingdom: Magnet Demand, 2004 – 2018
      • Other Europe
        • Table Figure 5-7 | Other Europe: Magnet Demand, 2004 – 2018
    • Asia/Pacific: Demand by Product & Market
      • Table Asia/Pacific: Magnet Demand by Product & Market, 2008 – 2023
    • Asia/Pacific: Demand by Country
      • Table Asia/Pacific: Magnet Demand by Country, 2008 – 2023
      • China
        • Table China: Magnet Demand by Product & Market, 2008 – 2023
        • Table Figure 5-8 | China: Magnet Demand, 2004 – 2018
      • Japan
        • Table Japan: Magnet Demand by Product & Market, 2008 – 2023
        • Table Figure 5-9 | Japan: Magnet Demand, 2004 – 2018
      • South Korea
        • Table Figure 5-10 | South Korea: Magnet Demand, 2004 – 2018
      • Thailand
        • Table Figure 5-11 | Thailand: Magnet Demand, 2004 – 2018
      • India
        • Table Figure 5-12 | India: Magnet Demand, 2004 – 2018
      • Malaysia
        • Table Figure 5-13 | Malaysia: Magnet Demand, 2004 – 2018
      • Taiwan
        • Table Figure 5-14 | Taiwan: Magnet Demand, 2004 – 2018
      • Other Asia/Pacific
        • Table Figure 5-15 | Other Asia/Pacific: Magnet Demand, 2004 – 2018
    • Africa/Mideast: Demand by Product & Market
      • Table Africa/Mideast: Magnet Demand by Product & Market, 2008 – 2023
      • Table Figure 5-16 | Africa/Mideast: Magnet Demand, 2004 – 2018
  • Industry Structure
    • Key Findings & Industry Composition
      • Table Global Magnet Sales by Company, 2018
    • Market Share
      • Table Figure 6-1 | Global Magnet Market Share by Company, 2018
    • Major Corporate Developments
  • Appendix
    • Scope
      • Table Relevant HS Codes
      • Table Relevant NAICS & SIC Codes
      • Table Relevant NACE Codes
    • Definitions
    • Abbreviations
      • Table Abbreviations & Acronyms Used in This Report
    • Methodology
    • Related Studies & Reports
    • Country Lists by Region
      • Table Countries in North America
      • Table Countries in Central & South America
      • Table Countries in Western Europe
      • Table Countries in Eastern Europe
      • Table Countries in the Asia/Pacific Region
      • Table Countries in the Africa/Mideast Region
    • Macroeconomic Assumptions
      • Table Global Gross Domestic Product by Region & Country, 2008 – 2023
      • Table Global Manufacturing Value Added by Region & Country, 2008 – 2023

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