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Samarium Cobalt Rare Earth Magnets Market, Global Outlook and Forecast 2023-2030

The USA market for Global Samarium Cobalt Rare Earth Magnets market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The China market for Global Samarium Cobalt Rare Earth Magnetsr market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The Europe market for Global Samarium Cobalt Rare Earth Magnets market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


Samarium cobalt magnets (also known as SmCo magnets), are extremely powerful permanent magnets. Part of the rare-earth magnet family, SmCo magnets rank similarly in strength to neodymium magnets but have much higher temperature stability and higher coercivity. They can operate at temperatures up to 525°F (300°C). In addition, they have a very high resistance to demagnetization and to corrosion. SmCo magnets are available in numerous shapes, sizes and grades that span a wide range of properties and application requirements.


This report aims to provide a comprehensive presentation of the global market for Samarium Cobalt Rare Earth Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Samarium Cobalt Rare Earth Magnets. This report contains market size and forecasts of Samarium Cobalt Rare Earth Magnets in global, including the following market information:


  • Global Samarium Cobalt Rare Earth Magnets Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Samarium Cobalt Rare Earth Magnets Market Sales, 2018-2023, 2024-2030, (Tonnes)

  • Global top five Samarium Cobalt Rare Earth Magnets companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

SmCo5 Segment to Reach $ Million by 2029, with a % CAGR in next six years.


The global key manufacturers of Samarium Cobalt Rare Earth Magnets include VAC, Shin-Etsu, Eclipse Magnetics (Spear & Jackson), JL MAG, Toshiba Materials, Arnold Magnetic Technologies, Dura Magnetics, Seiko Instruments and Electron Energy Corporation (EEC), etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Samarium Cobalt Rare Earth Magnets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Samarium Cobalt Rare Earth Magnets Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Tonnes)

Global Samarium Cobalt Rare Earth Magnets Market Segment Percentages, by Type, 2022 (%)


  • SmCo5

  • Sm2Co17


Global Samarium Cobalt Rare Earth Magnets Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Tonnes)

Global Samarium Cobalt Rare Earth Magnets Market Segment Percentages, by Application, 2022 (%)


  • Aerospace & Defense

  • Automotive

  • Medical

  • Industrial Machinery

  • Other


Global Samarium Cobalt Rare Earth Magnets Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Tonnes)

Global Samarium Cobalt Rare Earth Magnets Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Samarium Cobalt Rare Earth Magnets revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Samarium Cobalt Rare Earth Magnets revenues share in global market, 2022 (%)

  • Key companies Samarium Cobalt Rare Earth Magnets sales in global market, 2018-2023 (Estimated), (Tonnes)

  • Key companies Samarium Cobalt Rare Earth Magnets sales share in global market, 2022 (%)

key players include:


  • VAC

  • Shin-Etsu

  • Eclipse Magnetics (Spear & Jackson)

  • JL MAG

  • Toshiba Materials

  • Arnold Magnetic Technologies

  • Dura Magnetics

  • Seiko Instruments

  • Electron Energy Corporation (EEC)

  • Bunting Magnetics

  • Galaxy Magnets

  • Adams Magnetic Products

  • MPI Magnets

  • BLS Magnet

  • Hangzhou Permanent Magnet

  • Jiangmen Magsource New Material

  • TH Magnetics

  • SDM Magnetics

  • Everbeen Magnet

  • Newland Magnetics


Outline of Major Chapters:

Chapter 1: Introduces the definition of Samarium Cobalt Rare Earth Magnets, market overview.

Chapter 2: Global Samarium Cobalt Rare Earth Magnets market size in revenue and volume.

Chapter 3: Detailed analysis of Samarium Cobalt Rare Earth Magnets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Samarium Cobalt Rare Earth Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Samarium Cobalt Rare Earth Magnets capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports1.1 Samarium Cobalt Rare Earth Magnets Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Samarium Cobalt Rare Earth Magnets Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Samarium Cobalt Rare Earth Magnets Overall Market Size2.1 Global Samarium Cobalt Rare Earth Magnets Market Size: 2022 VS 20302.2 Global Samarium Cobalt Rare Earth Magnets Revenue, Prospects & Forecasts: 2018-20302.3 Global Samarium Cobalt Rare Earth Magnets Sales: 2018-20303 Company Landscape3.1 Top Samarium Cobalt Rare Earth Magnets Players in Global Market3.2 Top Global Samarium Cobalt Rare Earth Magnets Companies Ranked by Revenue3.3 Global Samarium Cobalt Rare Earth Magnets Revenue by Companies3.4 Global Samarium Cobalt Rare Earth Magnets Sales by Companies3.5 Global Samarium Cobalt Rare Earth Magnets Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Samarium Cobalt Rare Earth Magnets Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Samarium Cobalt Rare Earth Magnets Product Type3.8 Tier 1, Tier 2 and Tier 3 Samarium Cobalt Rare Earth Magnets Players in Global Market3.8.1 List

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