United States (US) Rare Earth Magnet Market (2025-2031) | Analysis, Value, Growth, Companies, Share, Competitive Landscape, Forecast, Trends, Industry, Segmentation, Outlook, Size & Revenue

Market Forecast By Magnet Type (Neodymium-Iron-Boron (NdFeB) Magnets, Samarium-Cobalt (SmCo) Magnets), By Application (NdFeB Magnets, Automobile, Electronics, Power Generators, SmCo Magnets, Defense, Aerospace, Electronics) And Competitive Landscape
Product Code: ETC9974987 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

United States (US) Rare Earth Magnet Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The United States continued to heavily rely on imports of rare earth magnets in 2024, with China, Japan, Finland, Netherlands, and Philippines being the top exporting countries. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market saw a strong compound annual growth rate (CAGR) of 10.66% from 2020 to 2024. However, there was a significant decrease in growth rate from 2023 to 2024 at -24.98%, indicating a potential shift or challenge in the market dynamics for rare earth magnet imports.

United States (US) Rare Earth Magnet Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • United States (US) Rare Earth Magnet Market Outlook
  • Market Size of United States (US) Rare Earth Magnet Market, 2024
  • Forecast of United States (US) Rare Earth Magnet Market, 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Revenues & Volume for the Period 2021- 2031
  • United States (US) Rare Earth Magnet Market Trend Evolution
  • United States (US) Rare Earth Magnet Market Drivers and Challenges
  • United States (US) Rare Earth Magnet Price Trends
  • United States (US) Rare Earth Magnet Porter's Five Forces
  • United States (US) Rare Earth Magnet Industry Life Cycle
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Magnet Type for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Neodymium-Iron-Boron (NdFeB) Magnets for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Samarium-Cobalt (SmCo) Magnets for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By NdFeB Magnets for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Automobile for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Electronics for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Power Generators for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By SmCo Magnets for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Defense for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Aerospace for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Rare Earth Magnet Market Revenues & Volume By Electronics for the Period 2021- 2031
  • United States (US) Rare Earth Magnet Import Export Trade Statistics
  • Market Opportunity Assessment By Magnet Type
  • Market Opportunity Assessment By Application
  • United States (US) Rare Earth Magnet Top Companies Market Share
  • United States (US) Rare Earth Magnet Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Rare Earth Magnet Company Profiles
  • United States (US) Rare Earth Magnet Key Strategic Recommendations

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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 United States (US) Rare Earth Magnet Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Rare Earth Magnet Market Revenues & Volume, 2021 & 2031F

3.3 United States (US) Rare Earth Magnet Market - Industry Life Cycle

3.4 United States (US) Rare Earth Magnet Market - Porter's Five Forces

3.5 United States (US) Rare Earth Magnet Market Revenues & Volume Share, By Magnet Type, 2021 & 2031F

3.6 United States (US) Rare Earth Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F

4 United States (US) Rare Earth Magnet Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increase in demand for rare earth magnets in electronics and automotive industries

4.2.2 Growing focus on renewable energy sources driving demand for rare earth magnets in wind turbines and electric vehicles

4.2.3 Technological advancements leading to new applications for rare earth magnets

4.3 Market Restraints

4.3.1 Supply chain disruptions and geopolitical tensions affecting the availability of rare earth materials

4.3.2 Environmental concerns and regulations impacting the mining and processing of rare earth elements

4.3.3 Fluctuations in rare earth prices due to market speculation and trade policies

5 United States (US) Rare Earth Magnet Market Trends

6 United States (US) Rare Earth Magnet Market, By Types

6.1 United States (US) Rare Earth Magnet Market, By Magnet Type

6.1.1 Overview and Analysis

6.1.2 United States (US) Rare Earth Magnet Market Revenues & Volume, By Magnet Type, 2021- 2031F

6.1.3 United States (US) Rare Earth Magnet Market Revenues & Volume, By Neodymium-Iron-Boron (NdFeB) Magnets, 2021- 2031F

6.1.4 United States (US) Rare Earth Magnet Market Revenues & Volume, By Samarium-Cobalt (SmCo) Magnets, 2021- 2031F

6.2 United States (US) Rare Earth Magnet Market, By Application

6.2.1 Overview and Analysis

6.2.2 United States (US) Rare Earth Magnet Market Revenues & Volume, By NdFeB Magnets, 2021- 2031F

6.2.3 United States (US) Rare Earth Magnet Market Revenues & Volume, By Automobile, 2021- 2031F

6.2.4 United States (US) Rare Earth Magnet Market Revenues & Volume, By Electronics, 2021- 2031F

6.2.5 United States (US) Rare Earth Magnet Market Revenues & Volume, By Power Generators, 2021- 2031F

6.2.6 United States (US) Rare Earth Magnet Market Revenues & Volume, By SmCo Magnets, 2021- 2031F

6.2.7 United States (US) Rare Earth Magnet Market Revenues & Volume, By Defense, 2021- 2031F

6.2.8 United States (US) Rare Earth Magnet Market Revenues & Volume, By Electronics, 2021- 2031F

6.2.9 United States (US) Rare Earth Magnet Market Revenues & Volume, By Electronics, 2021- 2031F

7 United States (US) Rare Earth Magnet Market Import-Export Trade Statistics

7.1 United States (US) Rare Earth Magnet Market Export to Major Countries

7.2 United States (US) Rare Earth Magnet Market Imports from Major Countries

8 United States (US) Rare Earth Magnet Market Key Performance Indicators

8.1 Percentage of rare earth magnets used in renewable energy applications

8.2 Research and development investment in rare earth magnet technologies

8.3 Number of patents filed for new rare earth magnet applications

8.4 Recycling rate of rare earth magnets

8.5 Adoption rate of rare earth magnets in emerging industries such as healthcare and aerospace

9 United States (US) Rare Earth Magnet Market - Opportunity Assessment

9.1 United States (US) Rare Earth Magnet Market Opportunity Assessment, By Magnet Type, 2021 & 2031F

9.2 United States (US) Rare Earth Magnet Market Opportunity Assessment, By Application, 2021 & 2031F

10 United States (US) Rare Earth Magnet Market - Competitive Landscape

10.1 United States (US) Rare Earth Magnet Market Revenue Share, By Companies, 2024

10.2 United States (US) Rare Earth Magnet Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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