Samarium Cobalt Rare Earth Magnets Sales

Samarium Cobalt Rare Earth Magnets Sales Market Outlook

The global Samarium Cobalt (SmCo) rare earth magnets market is projected to reach approximately $4.2 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033. This growth can be attributed to a surge in demand across various industries such as automotive, electronics, aerospace, and medical sectors, which utilize these high-performance magnets for their superior magnetic properties, high-temperature stability, and resistance to corrosion. The increasing trend towards miniaturization in electronic devices and the rising need for energy-efficient solutions are also significant factors driving this market. Additionally, innovations in manufacturing processes and the growing focus on renewable energy applications are expected to provide further momentum to the Samarium Cobalt rare earth magnets market during the forecast period.

Growth Factor of the Market

The growth of the Samarium Cobalt rare earth magnets market is primarily driven by technological advancements and an increasing reliance on high-performance magnetic materials across various applications. The automotive sector is experiencing a rise in demand for SmCo magnets due to the growing trend of electric vehicles (EVs) that require lightweight and efficient components. Moreover, the electronics industry is also leveraging these magnets for applications in smartphones, tablets, and other portable devices, which require compact yet powerful magnetic solutions. The aerospace industry is increasingly using SmCo magnets for applications requiring high precision and reliability, driving the need for enhanced performance characteristics. Additionally, the medical sector's dependency on magnetic materials for imaging systems and therapeutic devices further fuels the market growth. The consistent research and development efforts aimed at enhancing the properties of these magnets continue to play a crucial role in expanding their applications.

Key Highlights of the Market

• The global SmCo magnets market is projected to reach $4.2 billion by 2033.
• Growth driven by rising demand in automotive, electronics, aerospace, and medical applications.
• Technological advancements and innovations in manufacturing processes are enhancing performance.
• Miniaturization trends in electronic devices are increasing the need for high-efficiency magnets.
• Focus on renewable energy applications is providing new opportunities for SmCo magnets.

By Product Type

Disc:

Disc-shaped Samarium Cobalt magnets are widely utilized in various applications due to their versatility and strong magnetic performance. These magnets provide a focused magnetic field, making them ideal for motors, sensors, and other electronic applications. The circular design allows for easy integration into devices, facilitating compact assemblies in consumer electronics and automotive components. Moreover, the demand for disc magnets is rising due to their suitability in applications that require high energy density and stable performance under temperature variations. As industries continue to innovate and develop smaller and more efficient devices, the demand for disc-shaped SmCo magnets is projected to increase significantly.

Ring:

Ring-shaped Samarium Cobalt magnets are recognized for their unique design, which allows for applications that require a magnet to have a hollow center. This configuration is especially beneficial in rotary and linear actuators, where the ring magnet can be integrated with other mechanical components. Ring magnets are often used in high-performance motors and generators, primarily in the aerospace and automotive sectors, where they contribute to weight savings and efficiency improvements. As the push for lightweight and efficient components gains momentum, the market for ring SmCo magnets is expected to grow steadily, driven by advancements in motor technology and the increasing use of electric and hybrid vehicles.

Block:

Block-type Samarium Cobalt magnets are rectangular in shape and are favored for their robust magnetic strength and versatility in a range of applications. These magnets are commonly used in applications that involve direct attachment or mounting, providing strong magnetic force in a compact form factor. They are widely utilized in automotive and industrial applications where high coercivity and thermal stability are essential. The block magnets can be easily integrated into various assemblies, making them a preferred choice for manufacturers looking for reliability and performance in demanding environments. With the rising focus on automation and efficiency in industries, the demand for block SmCo magnets is anticipated to grow significantly.

Cylinder:

Cylindrical Samarium Cobalt magnets are characterized by their long, cylindrical shape, making them suitable for applications that require a magnetic field distributed along an axis. These magnets are frequently used in applications involving motors and sensors, particularly in automotive and industrial equipment. Their design allows for easy integration into machines that require precise alignment and positioning. Additionally, the cylindrical shape provides enhanced stability and durability, contributing to their increasing adoption in various sectors. As industries pursue enhancements in magnetic efficiency and performance, the market for cylindrical SmCo magnets is set for notable growth.

Arc:

Arc-shaped Samarium Cobalt magnets are specifically designed for applications that require the magnet to fit into a circular or curved space. These magnets are primarily utilized in high-performance motors, such as those found in electric vehicles and industrial machinery. The arc shape allows for a more efficient use of magnetic energy, making them ideal for applications where space and weight are critical factors. As the automotive industry continues to evolve towards more electric and hybrid vehicles, the demand for arc SmCo magnets is expected to rise due to their effectiveness in providing strong magnetic fields in compact sizes. Furthermore, their unique design caters to specialized applications in robotics and aerospace, bolstering their growth in the market.

By Application

Automotive:

The automotive sector is one of the leading consumers of Samarium Cobalt rare earth magnets, driven by the increasing demand for electric vehicles (EVs) and hybrid vehicles. SmCo magnets are integral in electric motors used for propulsion, regenerative braking systems, and other critical functions in modern vehicles. Their high magnetic strength and temperature stability make them ideal for use in high-performance motors, improving efficiency and extending the vehicle's range. Furthermore, the push towards automation and advanced driver-assistance systems (ADAS) is further propelling the need for SmCo magnets in automotive sensors and actuators. As the industry continues to innovate, the demand for high-quality magnets will likely continue to rise, contributing to overall market growth.

Electronics:

The electronics industry is a significant application area for Samarium Cobalt magnets, with demand driven by ongoing advancements in technology and the proliferation of portable devices. SmCo magnets are extensively used in smartphones, tablets, and other compact electronic devices where space is at a premium. Their superior magnetic performance enables manufacturers to produce smaller and lighter devices without compromising on functionality. Additionally, as the trend toward miniaturization continues, the demand for high-performance magnets that can withstand thermal and operational stresses will likely increase. This segment is expected to see robust growth as consumer electronics evolve to incorporate more sophisticated features and capabilities.

Aerospace:

The aerospace sector relies heavily on high-performance materials, including Samarium Cobalt magnets, due to their exceptional magnetic properties and reliability. These magnets are used in various applications, including satellite systems, aircraft engines, and navigation systems. The lightweight nature of SmCo magnets contributes to overall weight savings in aircraft design, which is critical for fuel efficiency and performance. Moreover, the aerospace industry is constantly evolving, with increasing focus on electric propulsion systems and automation, further driving the demand for SmCo magnets. As the industry continues to innovate and pursue energy-efficient solutions, the market for Samarium Cobalt magnets within aerospace applications is forecasted to grow substantially.

Medical:

The medical sector is another vital application area for Samarium Cobalt magnets, where they play a crucial role in magnetic resonance imaging (MRI) systems, therapeutic devices, and various high-precision instruments. The stability and strength of SmCo magnets make them suitable for use in high-performance medical equipment that requires reliable and consistent performance. Furthermore, advancements in medical technology and the increasing demand for non-invasive diagnostic tools are driving the adoption of SmCo magnets in new applications. As healthcare continues to prioritize advancements in diagnostic and therapeutic technologies, the market for SmCo magnets in the medical field is expected to witness significant growth.

Energy:

In the energy sector, Samarium Cobalt magnets are utilized in renewable energy applications, especially in wind turbines and energy-efficient motors. Their ability to perform under high temperatures and harsh environments makes them suitable for such applications where reliability and efficiency are paramount. As the drive towards sustainable energy sources continues to intensify globally, the demand for innovative technologies that incorporate high-performance magnets will likely rise. The adoption of SmCo magnets in clean energy solutions contributes to their market growth, aligning with global efforts to enhance energy efficiency and reduce carbon footprints. Therefore, as the energy market evolves, so too will the opportunities for Samarium Cobalt magnets.

By Distribution Channel

Direct Sales:

Direct sales of Samarium Cobalt rare earth magnets are a prevalent distribution channel, allowing manufacturers to engage directly with customers and tailor their offerings to meet specific needs. This approach fosters strong customer relationships and enables manufacturers to provide personalized solutions, resulting in increased customer satisfaction and loyalty. Additionally, direct sales can streamline the supply chain, reducing costs and improving lead times. This channel is particularly effective for large-scale contracts with industries such as automotive and aerospace, where specific performance criteria must be met. As companies increasingly seek customized solutions, direct sales are expected to remain a robust channel in the SmCo magnets market.

Distributors:

Distributors play a vital role in the Samarium Cobalt magnets supply chain, offering a wide range of products to various industries. They provide manufacturers with essential market access, allowing for broader distribution across regions and sectors. Distributors often stock a diverse selection of SmCo magnets, catering to different application requirements and ensuring timely availability for their customers. The reliability and expertise of distributors in handling large inventories and managing logistics can significantly enhance market reach for manufacturers. As demand for SmCo magnets grows across multiple industries, the distribution channel through authorized distributors is projected to expand, facilitating easier access to high-performance magnets.

Online Retailers:

The emergence of online retailers as a distribution channel for Samarium Cobalt magnets has transformed how consumers and businesses access these products. E-commerce platforms offer extensive product catalogs, competitive pricing, and the convenience of online purchasing, making it easier for customers to find the specific magnets they need. This channel enables manufacturers to reach a broader audience and attract new customers who may not have access to traditional brick-and-mortar stores. As e-commerce continues to gain traction, the online retailers segment is expected to grow, providing a convenient option for both small-scale buyers and larger industries seeking SmCo magnets.

Specialty Stores:

Specialty stores that focus on magnetic materials and components serve a niche market within the Samarium Cobalt magnets landscape. These retailers are typically targeted toward professionals and businesses that require specific types of magnets for specialized applications. The advantage of specialty stores lies in their in-depth knowledge and expertise in magnetic materials, allowing them to offer tailored advice and recommendations to customers. This personalized service can lead to higher customer satisfaction and loyalty, making specialty stores a significant channel in the SmCo magnets market. As industries continue to seek specialized solutions, the role of specialty stores is likely to grow.

Others:

This category encompasses various alternative distribution channels for Samarium Cobalt magnets that do not fit into the primary segments. These may include auctions, trade shows, and bulk purchasing platforms that cater to different customer needs. While these channels may not be as significant as direct sales or authorized distributors, they provide additional avenues for manufacturers to reach potential customers. As businesses explore diverse sales strategies to connect with end-users, these alternative distribution channels will continue to play a role in the overall SmCo magnets market. The flexibility and adaptability of the distribution landscape will help maximize market reach across various sectors.

By Grade

SmCo5:

SmCo5 is one of the primary grades of Samarium Cobalt magnets, characterized by its composition of 5:1 ratio of Samarium to Cobalt. This grade offers excellent magnetic performance, making it suitable for applications requiring substantial energy density and high magnetic strength. SmCo5 magnets exhibit good thermal stability, operating effectively at elevated temperatures, which is essential for applications in aerospace, automotive, and industrial machinery. Their resistance to demagnetization and corrosion makes them particularly valuable in harsh environments. As industries continue to prioritize the performance and reliability of magnetic materials, the demand for SmCo5 magnets is expected to grow in tandem with technological advancements and evolving application needs.

Sm2Co17:

Sm2Co17 is another critical grade of Samarium Cobalt magnets, distinguished by its higher Samarium content, which contributes to even stronger magnetic properties compared to SmCo5. This grade is particularly known for its high coercivity and exceptional resistance to demagnetization, making it highly sought after in applications that operate under extreme conditions. Sm2Co17 magnets are commonly used in high-performance motors, sensors, and aerospace applications, where reliability and efficiency are paramount. The growing adoption of advanced technologies in various sectors, including medical devices and renewable energy systems, is expected to drive the demand for Sm2Co17 magnets, enhancing their presence in the market.

By Region

The North American region is anticipated to dominate the Samarium Cobalt magnets market, accounting for over 35% of the global market share by 2033. The robust growth in the automotive and aerospace sectors, combined with the increasing demand for electric vehicles and advanced technologies, is a significant driver of this market in North America. The presence of leading manufacturers and strong investments in research and development further bolster the market potential in this region. Additionally, the focus on renewable energy solutions is expected to provide further growth opportunities for SmCo magnets, aligning with the broader sustainability goals across various industries.

In Europe, the Samarium Cobalt magnets market is projected to witness a CAGR of 5.3% from 2025 to 2033, driven by the increasing adoption of electric vehicles and advancements in the electronics sector. The region's strong focus on technological innovation, coupled with stringent regulations aimed at reducing carbon emissions, is prompting manufacturers to seek high-performance magnetic materials. The aerospace sector is also a vital contributor to market growth, as European manufacturers continue to invest in lightweight and efficient solutions for aircraft design. Collectively, these factors are set to drive substantial growth in the SmCo magnets market across Europe, reinforcing the region's position as a key player in the global landscape.

Opportunities

The Samarium Cobalt rare earth magnets market presents numerous opportunities, particularly in sectors poised for innovation and growth. One significant opportunity lies in the increasing demand for electric and hybrid vehicles, as manufacturers seek lightweight and efficient components to enhance vehicle performance. The integration of SmCo magnets in electric motors, actuators, and sensors aligns with the industry's push towards sustainability and energy efficiency. As governments continue to implement stricter regulations aimed at reducing carbon emissions, the automotive sector's transition to electric vehicles will likely drive substantial demand for SmCo magnets. Additionally, the growing trend towards automation and smart technologies in various industries presents further opportunities for the market, as companies seek advanced magnetic solutions for robotics, automation, and precision instruments.

Furthermore, advancements in manufacturing techniques, such as additive manufacturing and enhanced alloy compositions, present opportunities for innovation in the Samarium Cobalt magnets market. These developments can lead to improvements in the performance characteristics of SmCo magnets, enabling their use in a broader range of applications. Additionally, the increasing focus on renewable energy, particularly in wind and solar energy systems, provides a fertile ground for growth as SmCo magnets are integrated into energy-efficient solutions. As industries continue to seek high-performance materials to meet evolving demands, the market for Samarium Cobalt magnets is well-positioned to capitalize on these emerging opportunities and expand its reach.

Threats

While the Samarium Cobalt magnets market is poised for growth, it also faces several threats that could impact its trajectory. One of the primary concerns is the volatility of rare earth materials' prices, which can significantly affect manufacturing costs and supply chain stability. The reliance on a limited number of suppliers for raw materials, coupled with geopolitical tensions and trade restrictions, can lead to fluctuations in availability and pricing. Such uncertainties can pose challenges for manufacturers in maintaining competitive pricing and ensuring consistent product quality. Additionally, the increasing focus on alternative technologies, such as permanent magnets made from less expensive materials, could threaten the market share of SmCo magnets as industries seek cost-effective solutions.

Furthermore, environmental concerns regarding the mining and processing of rare earth materials pose a significant challenge for the industry. As sustainability becomes a priority for consumers and regulatory authorities, the pressure on manufacturers to adopt environmentally friendly practices will intensify. Failure to address these concerns could result in reputational damage and loss of market share. The potential for emerging technologies to offer more sustainable and cost-effective alternatives to Samarium Cobalt magnets further adds to the competitive landscape, necessitating continuous innovation and adaptation by manufacturers to maintain their market position.

Competitor Outlook

• Hitachi Metals, Ltd.
• Magnet Applications, Inc.
• Shin-Etsu Chemical Co., Ltd.
• Advanced Magnet Lab, Inc.
• China Northern Rare Earth Group High-Tech Co., Ltd.
• Neo Performance Materials, Inc.
• Arnold Magnetic Technologies Corporation
• Pacific Magnetics
• Earth-Panda Advance Magnetic Material Co., Ltd.
• TDK Corporation
• Vacuumschmelze GmbH & Co. KG
• Emerson Electric Co.
• Daido Steel Co., Ltd.
• Samsung Electronics Co., Ltd.
• Yantai Zhenghai Magnetic Material Co., Ltd.

The competitive landscape of the Samarium Cobalt rare earth magnets market is characterized by a mix of established players and emerging companies focused on innovation and growth. Companies such as Hitachi Metals, Ltd. and Shin-Etsu Chemical Co., Ltd. have solid market positions, leveraging extensive experience and global reach to cater to diverse industries. These companies are continually investing in research and development to enhance their product offerings, ensuring that they remain competitive in an evolving market. The emphasis on high-performance materials and the ability to deliver customized solutions to clients are critical factors contributing to their success in the SmCo magnets market.

Emerging players like Neo Performance Materials, Inc. and Earth-Panda Advance Magnetic Material Co., Ltd. are also making strides in the market by focusing on sustainability and innovation. These companies are capitalizing on the growing demand for environmentally friendly alternatives and are integrating advanced manufacturing techniques to improve their product offerings. Their ability to adapt to market trends and respond to customer needs positions them as strong contenders in the Samarium Cobalt magnets landscape. This dynamic environment necessitates that all players actively engage in strategic partnerships, mergers, and acquisitions to enhance their competitive edge and expand their market presence.

As the Samarium Cobalt magnets market continues to evolve, leading companies are focusing on a diversified approach to innovation, sustainability, and customer engagement. For instance, TDK Corporation and Arnold Magnetic Technologies Corporation are investing in advanced manufacturing processes and exploring new material compositions to improve performance. Their commitment to quality and performance allows them to cater to a wide range of applications, ensuring that they remain at the forefront of industry advancements. With a mix of established and emerging competitors, the market for Samarium Cobalt rare earth magnets is projected to experience robust growth and transformation in the coming years.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 TDK Corporation
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Pacific Magnetics
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Emerson Electric Co.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Hitachi Metals, Ltd.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Daido Steel Co., Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Advanced Magnet Lab, Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Magnet Applications, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Shin-Etsu Chemical Co., Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Vacuumschmelze GmbH & Co. KG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Samsung Electronics Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Neo Performance Materials, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Arnold Magnetic Technologies Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Yantai Zhenghai Magnetic Material Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Earth-Panda Advance Magnetic Material Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China Northern Rare Earth Group High-Tech Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Samarium Cobalt Rare Earth Magnets Sales Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Electronics
    • 6.1.3 Aerospace
    • 6.1.4 Medical
    • 6.1.5 Energy
  • 6.2 Samarium Cobalt Rare Earth Magnets Sales Market, By Product Type
    • 6.2.1 Disc
    • 6.2.2 Ring
    • 6.2.3 Block
    • 6.2.4 Cylinder
    • 6.2.5 Arc
  • 6.3 Samarium Cobalt Rare Earth Magnets Sales Market, By Distribution Channel
    • 6.3.1 Direct Sales
    • 6.3.2 Distributors
    • 6.3.3 Online Retailers
    • 6.3.4 Specialty Stores
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Samarium Cobalt Rare Earth Magnets Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Samarium Cobalt Rare Earth Magnets Sales market is categorized based on

By Product Type

• Disc
• Ring
• Block
• Cylinder
• Arc

By Application

• Automotive
• Electronics
• Aerospace
• Medical
• Energy

By Distribution Channel

• Direct Sales
• Distributors
• Online Retailers
• Specialty Stores
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Hitachi Metals, Ltd.
• Magnet Applications, Inc.
• Shin-Etsu Chemical Co., Ltd.
• Advanced Magnet Lab, Inc.
• China Northern Rare Earth Group High-Tech Co., Ltd.
• Neo Performance Materials, Inc.
• Arnold Magnetic Technologies Corporation
• Pacific Magnetics
• Earth-Panda Advance Magnetic Material Co., Ltd.
• TDK Corporation
• Vacuumschmelze GmbH & Co. KG
• Emerson Electric Co.
• Daido Steel Co., Ltd.
• Samsung Electronics Co., Ltd.
• Yantai Zhenghai Magnetic Material Co., Ltd.