| Product Code: ETC008023 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The South Korea Rare Earth Magnets Market is expected to grow at a CAGR of 5.8% during the forecast period 2020-2026. The rising demand for rare earth magnets in electric vehicles, automation, and consumer electronics are anticipated to drive the growth of the market during this period. In addition, technological advancements and increasing investments in research & development activities by key players are also expected to create ample opportunities for growth over the coming years.
South Korea?s power generation industry is witnessing rapid expansion owing to increased investment from government as well as private firms, which is likely to fuel the demand for rare earth magnets in near future. Moreover, South Korea?s strong industrial base coupled with presence of major companies such as Samsung Electronics Co., Ltd., LG Corporation, etc., will support product sales in near future. Furthermore, ongoing investments towards renewable energy sector are expected to positively impact on market growth over next six years.
Major players operating across South Korea Rare Earth Magnets Market include Shin-Etsu Chemical Co., Ltd., TDK Corporation (TDK), Hitachi Metals Ltd., Arnold Magnetic Technologies Corp., Sinosteel Anhui Tianyuan Technology Co,.Ltd amongst others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Rare Earth Magnets Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Rare Earth Magnets Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Rare Earth Magnets Market - Industry Life Cycle |
3.4 South Korea Rare Earth Magnets Market - Porter's Five Forces |
3.5 South Korea Rare Earth Magnets Market Revenues & Volume Share, By Magnet Type, 2019 & 2026F |
3.6 South Korea Rare Earth Magnets Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 South Korea Rare Earth Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Rare Earth Magnets Market Trends |
6 South Korea Rare Earth Magnets Market, By Types |
6.1 South Korea Rare Earth Magnets Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Rare Earth Magnets Market Revenues & Volume, By Magnet Type, 2016 - 2026F |
6.1.3 South Korea Rare Earth Magnets Market Revenues & Volume, By NdFeB, 2016 - 2026F |
6.1.4 South Korea Rare Earth Magnets Market Revenues & Volume, By SmCo, 2016 - 2026F |
6.1.5 South Korea Rare Earth Magnets Market Revenues & Volume, By SmFeN, 2016 - 2026F |
6.2 South Korea Rare Earth Magnets Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 South Korea Rare Earth Magnets Market Revenues & Volume, By Automotive Motors, 2016 - 2026F |
6.2.3 South Korea Rare Earth Magnets Market Revenues & Volume, By Industrial Motors, 2016 - 2026F |
6.2.4 South Korea Rare Earth Magnets Market Revenues & Volume, By HDD, CD, DVD, 2016 - 2026F |
6.2.5 South Korea Rare Earth Magnets Market Revenues & Volume, By Electric Bicycles, 2016 - 2026F |
6.2.6 South Korea Rare Earth Magnets Market Revenues & Volume, By Transducers and Loudspeakers, 2016 - 2026F |
6.2.7 South Korea Rare Earth Magnets Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Rare Earth Magnets Market Import-Export Trade Statistics |
7.1 South Korea Rare Earth Magnets Market Export to Major Countries |
7.2 South Korea Rare Earth Magnets Market Imports from Major Countries |
8 South Korea Rare Earth Magnets Market Key Performance Indicators |
9 South Korea Rare Earth Magnets Market - Opportunity Assessment |
9.1 South Korea Rare Earth Magnets Market Opportunity Assessment, By Magnet Type, 2019 & 2026F |
9.2 South Korea Rare Earth Magnets Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 South Korea Rare Earth Magnets Market - Competitive Landscape |
10.1 South Korea Rare Earth Magnets Market Revenue Share, By Companies, 2019 |
10.2 South Korea Rare Earth Magnets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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