Rare Earth Magnet Market Size, Trends & Outlook | 2032

The global rare earth magnet market size reached a value of around USD 20158.30 Million in 2023. The market is projected to grow at a CAGR of 9.10% in the forecast period of 2024-2032. The market is being driven by the rising demand for electric and high-performance vehicles.

全球稀土永磁市场规模于2023年达到约201.583亿美元。预计在2024至2032年的预测期间，市场规模将以9.10%的复合年增长率持续增长。市场增长动力主要来源于电动汽车和高性能车辆需求的不断上升。