| 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 |
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.

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 |