According to our (Global Info Research) latest study, the global Sintered Permanent Magnetic Material market size was valued at US$ 9914 million in 2025 and is forecast to a readjusted size of US$ 16428 million by 2032 with a CAGR of 7.4% during review period.
In 2025, global sales volume of sintered permanent magnetic materials reached 196 K tonnes, with an average price of $49 per kilogram.
Sintered permanent magnetic materials are high-performance permanent magnets produced via powder metallurgy processes (powder preparation → oriented pressing → high-temperature sintering → post-processing); this represents the core manufacturing route for rare-earth permanent magnets. The representative product is sintered NdFeB (chemical formula: Nd₂Fe₁₄B), composed of the rare-earth element neodymium (Nd), iron (Fe), boron (B), and minor additives (such as dysprosium [Dy], terbium [Tb], and cobalt [Co]). The sintering process yields magnets with exceptionally high magnetic phase content and consistent crystal orientation, achieving a maximum energy product (BHmax) of 30–52 MGOe. As the commercial permanent magnetic material with the highest overall magnetic performance, it is hailed as the "King of Modern Magnets."
The raw material supply chain for sintered permanent magnetic materials is highly concentrated within the rare-earth and strategic metal sectors. Core raw materials include rare-earth elements such as neodymium (Nd), dysprosium (Dy), and terbium (Tb), alongside transition metals like iron (Fe), boron (B), and cobalt (Co). Neodymium, the dominant rare-earth element, relies heavily on China for supply; China possesses the world's largest rare-earth reserves and smelting/separation capacity, with enterprises such as Northern Rare Earth and China Rare Earth Group controlling the upstream supply of oxides. Dysprosium and terbium—heavy rare-earth additives—are crucial for enhancing the thermal stability of high-coercivity grades, yet their global supply is even more concentrated, and their prices are subject to extreme volatility. The upstream segment of the industry chain also encompasses rare-earth oxide smelting, metal reduction, and alloy melting—areas where China holds a dominant global position. In 2025, China's Ministry of Commerce implemented export licensing requirements for rare-earth-related products, further highlighting the geopolitical sensitivity of the supply chain.
In terms of cost structure, sintered permanent magnetic materials are classic examples of products where raw material costs are the absolute dominant factor. Based on the financial data of industry leaders, direct raw material costs account for as much as 77–86% of operating costs. Within this category, procurement costs for rare earth metals (such as neodymium, dysprosium, and terbium) fluctuate sharply with market prices; between 2018 and 2022, driven by rising rare earth prices, the operating cost per ton for a leading enterprise surged from RMB 215,000 to RMB 429,000—a compound annual growth rate of 18.8%—while the proportion of direct material costs climbed from 77.64% to 86.25%. Manufacturing overheads (including energy consumption for vacuum sintering furnaces and processes such as hydrogen decrepitation/powder milling and orientation pressing) account for approximately 8–12%, labor costs for about 3–5%, and surface treatment (electroplating/coating) for roughly 3–5%.
This report is a detailed and comprehensive analysis for global Sintered Permanent Magnetic Material market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Sintered Permanent Magnetic Material market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/kg), 2021-2032
Global Sintered Permanent Magnetic Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/kg), 2021-2032
Global Sintered Permanent Magnetic Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/kg), 2021-2032
Global Sintered Permanent Magnetic Material market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Sintered Permanent Magnetic Material
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Sintered Permanent Magnetic Material market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proterial (JP), TDK (JP), Hengdian Dongci (CN), Lingyi iTech (CN), Anhui Longmag Technology (CN), JLMAG (CN), Sanhuan (CN), Tokyo Ferrite (JP), BGRIMM Magnetic Materials & Technology (CN), Hunan Aerospace Magnet & Magneto (CN), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Sintered Permanent Magnetic Material market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Ferrite
Rare Earth
Others
Market segment by Surface Protective Coatings
Nickel-Copper-Nickel
Zinc Plating
Epoxy Resin
Gold Plating
Uncoated
Market segment by Product Forms
Block
Ring
Arc
Cylinder
Other
Market segment by Application
Consumer Electronics
New Energy Vehicles
Wind Power Generation
Industrial Automation
Home Appliances
Medical
Aerospace & Defense
Other
Major players covered
Proterial (JP)
TDK (JP)
Hengdian Dongci (CN)
Lingyi iTech (CN)
Anhui Longmag Technology (CN)
JLMAG (CN)
Sanhuan (CN)
Tokyo Ferrite (JP)
BGRIMM Magnetic Materials & Technology (CN)
Hunan Aerospace Magnet & Magneto (CN)
Zhejiang Kaiwen Magnetic Steel (CN)
Guangzhou Jinnan Magnetic Materials (CN)
Guangdong Meizhou Magnetic Materials (CN)
Shin-Etsu (JP)
Yunsheng (CN)
Zhenghai Magnetics (CN)
Anhui Earth-Panda (CN)
Vacuumschmelze (DE)
Permag (US)
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Sintered Permanent Magnetic Material product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Sintered Permanent Magnetic Material, with price, sales quantity, revenue, and global market share of Sintered Permanent Magnetic Material from 2021 to 2026.
Chapter 3, the Sintered Permanent Magnetic Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Sintered Permanent Magnetic Material breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Sintered Permanent Magnetic Material market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Sintered Permanent Magnetic Material.
Chapter 14 and 15, to describe Sintered Permanent Magnetic Material sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Sintered Permanent Magnetic Material. Industry analysis & Market Report on Sintered Permanent Magnetic Material is a syndicated market report, published as Global Sintered Permanent Magnetic Material Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Sintered Permanent Magnetic Material market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.