Samarium Cobalt Permanent Magnet Market Outlook (2021-2031)

Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031
Report Content: Market Scope, Market Segmentation, Market Dynamics, and Competitive Analysis

https://www.businessmarketinsi....ghts.com/reports/sam

Report Coverage:
Product Type (Cylinder, Ring, Others)
Application (Defence, Aerospace, Medical Devices, Automotive, Consumer Electronics, Industrial, Others)
No. of Pages: 200 | Report Code: BMIPUB00031698 | Category: Chemicals and Materials

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The samarium cobalt permanent magnet market size is expected to reach US$ 1,781.18 million by 2031 from US$ 980.73 million in 2024. The market is estimated to record a CAGR of 9.4% from 2025 to 2031.

Samarium Cobalt Permanent Magnet Market Outlook (2021-2031) by Product Type, Application

Samarium Cobalt Permanent Magnet Market was valued at US$ 980.73 Million in 2024 and is projected to reach US$ 1,781.18 Million in 2031 with a CAGR of 9.4% from 2025 to 2031 segmented into Product Type, Application.