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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Samarium Cobalt Magnets Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2020-2025

A type of rare earth magnet, Samarium Cobalt (SmCo) magnets are made of samarium, cobalt and iron. Developed in the early 1970’s and 80’s, they are known for their high magnetic strength and high resistance to corrosion. These magnets have excellent thermal stability and can withstand very high operating temperatures. Being very strong and brittle, they require proper handling and packing. Samarium Cobalt magnets can, however, be more susceptible to chipping and cracking, as a result, they need to be stored in a low humidity and mild temperature. These magnets are currently used for certain niche applications, particularly in the defence and aerospace sectors. According to IMARC group, the global samarium cobalt magnets market reached a value of US$ 498 Million in 2019.

IMARC’s latest study “Samarium Cobalt Magnets Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2020-2025” has segmented the market on the basis of major regions. At present, China represents both the largest producer as well as the largest consumer of SmCo magnets accounting for more than 71% of the total global consumption. One of the key factors making China the biggest producer of these magnets is the fact that it has a monopoly over the raw materials that are used to produce them. As a result, many dependent industries have set up their plants in China so as to have a cost advantage. China is followed by the United States and Europe. Looking forward, IMARC Group expects the global samarium cobalt magnets market to continue its moderate growth during the next five years

The report provides a comprehensive analysis for setting up a samarium cobalt magnet manufacturing plant. The study covers all the requisite aspects of the samarium cobalt magnet industry. The requisite includes in-depth analysis of the samarium cobalt magnets market, trends, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the samarium cobalt magnets market in any manner.

Key Questions Answered in This Report:

  • How has the rare earth magnet market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global rare earth magnet industry?
  • What has been the impact of COVID-19 on the global rare earth magnet industry?
  • What are the key applications in the global rare earth magnet industry?
  • How has the SmCo magnet market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global SmCo magnet industry?
  • What are the key applications in the global SmCo magnet industry?
  • What are the various stages in the value chain of the SmCo magnet industry?
  • What are the key driving factors and challenges in the SmCo magnet industry?
  • What is the structure of the SmCo magnet industry and who are the key players?
  • What is the degree of competition in the SmCo magnet industry?
  • What are the profit margins in the SmCo magnet industry?
  • What are the key requirements for setting up SmCo magnet manufacturing plant?
  • How are SmCo magnet manufactured?
  • What are the various unit operations involved in SmCo magnet plant?
  • What is the total size of land required for setting up SmCo magnet plant?
  • What are the machinery requirements for setting up SmCo magnet plant?
  • What are the raw material requirements for setting up SmCo magnet plant?
  • What are the packaging requirements for SmCo magnet?
  • What are the transportation requirements for SmCo magnet?
  • What are the utility requirements for setting up SmCo magnet plant?
  • What are the manpower requirements for setting up SmCo magnet plant?
  • What are the infrastructure costs for setting up SmCo magnet plant?
  • What are the capital costs for setting up SmCo magnet plant?
  • What are the operating costs for setting up SmCo magnet plant?
  • What will be the income and expenditures for SmCo magnet plant?
  • What is the time required to break-even?

1  Preface
2  Scope and Methodology

   2.1    Objectives of the Study
   2.2    Stakeholders
   2.3    Data Sources
           2.3.1    Primary Sources
           2.3.2    Secondary Sources
   2.4    Market Estimation
           2.4.1    Bottom-Up Approach
           2.4.2    Top-Down Approach
   2.5    Forecasting Methodology
3   Executive Summary
4   Introduction  
 
    4.1    Overview
    4.2    Key Industry Trends
5   Global Rare Earth Magnets Industry
    5.1    Market Overview    
    5.2    Market Performance    
        5.2.1    Sales Volume Trends    
        5.2.2    Sales Value Trends    
    5.3    Market Breakup by Magnet Type    
    5.4    Market Breakup by Application    
    5.5    Market Forecast    
    5.6    Major Players    
6   Global Samarium Cobalt Magnet Industry    
    6.1    Market Overview    
    6.2    Market Performance    
        6.2.1    Volume Trends    
        6.2.2    Value Trends
    6.3    Impact of COVID-19
    6.4    Price Analysis
        6.4.1    Key Price Indicators
        6.4.2    Price Structure
        6.4.3    Price Trends    
    6.5    Market Breakup by Region    
    6.6    Market Breakup by Application    
    6.7    Market Forecast    
    6.8    SWOT Analysis    
        6.8.1    Overview     
        6.8.2    Strengths    
        6.8.3    Weaknesses    
        6.8.4    Opportunities    
        6.8.5    Threats    
    6.9    Value Chain Analysis
        6.9.1    Rare Earth Mining and Milling Companies
        6.9.2    Rare Earth Oxide Manufacturers
        6.9.3    Rare Earth Metal Manufacturers
        6.9.4    Rare Earth Alloy Manufacturers
        6.9.5    Rare Earth Magnet Manufacturers
        6.9.6    Product Distribution
        6.9.7    Scrap Magnets Removing and Separating Companies
        6.9.8    Recycling Companies    
    6.10    Porter’s Five Forces Analysis    
        6.10.1    Overview    
        6.10.2    Bargaining Power of Buyers    
        6.10.3    Bargaining Power of Suppliers    
        6.10.4    Degree of Rivalry    
        6.10.5    Threat of New Entrants    
        6.10.6    Threat of Substitutes    
    6.11    Key Success and Risk Factors for Manufacturers    
7   Market Performance by Region    
    7.1    China    
        7.1.1    Market Trends    
        7.1.2    Market Forecast    
    7.2    USA    
        7.2.1    Market Trends    
        7.2.2    Market Forecast    
    7.3    Europe    
        7.3.1    Market Trends    
        7.3.2    Market Forecast    
    7.4    Others    
        7.4.1    Market Trends    
        7.4.2    Market Forecast    
8   Market Breakup by Applications    
    8.1    Defence    
        8.1.1    Market Trends    
        8.1.2    Market Forecast    
    8.2    Aerospace
        8.2.1    Market Trends    
        8.2.2    Market Forecast
    8.3    Electronics    
        8.3.1    Market Trends    
        8.3.2    Market Forecast
    8.4    Medical Devices
        8.4.1    Market Trends    
        8.4.2    Market Forecast    
    8.5    Others
        8.5.1    Market Trends    
        8.5.2    Market Forecast    
9   Competitive Landscape    
    9.1    Competitive Structure    
    9.2    Key Players    
    9.3    Key Player Profiles    
        9.3.1    Ningbo NGYC (Ninggang Permanent Magnetic) Materials Co. Ltd.    
        9.3.2    Ningbo Ketian    
        9.3.3    Arnold Magnetic Technologies    
        9.3.4    ADAMS Magnetic Products    
        9.3.5    Bunting    
        9.3.6    Eclipse Magnetics    
        9.3.7    Hangzhou Permanent Magnet Group (HPMG)    
        9.3.8    Thomas & Skinner Inc.    
10  Samarium Cobalt (SmCo) Magnets Manufacturing Process    
    10.1    Product Overview    
    10.2    Detailed Process Flow    
    10.3    Various Types of Unit Operations Involved    
    10.4    Mass Balance and Raw Material Requirements    
11  Project Details, Requirements and Costs Involved    
    11.1    Land Requirements and Expenditures    
    11.2    Construction Requirements and Expenditures    
    11.3    Plant Machinery    
    11.4    Machinery Pictures    
    11.5    Raw Material Requirements and Expenditures    
    11.6    Raw Material and Final Product Pictures    
    11.7    Packaging Requirements and Expenditures    
    11.8    Transportation Requirements and Expenditures    
    11.9    Utility Requirements and Expenditures    
    11.10    Manpower Requirements and Expenditures    
    11.11    Other Capital Investments    
12  Loans and Financial Assistance    
13  Project Economics
   
    13.1    Capital Cost of the Project    
    13.2    Techno-Economic Parameters    
    13.3    Product Pricing    
    13.4    Income Projections    
    13.5    Expenditure Projections    
    13.6    Taxation and Depreciation    
    13.7    Financial Analysis    
    13.8    Profit Analysis    
 
List of Figures

Figure 1: Global: Rare Earth Magnets Market: Sales Volume (in Tons), 2014-2019
Figure 2: Global: Rare Earth Magnets Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Rare Earth Magnets Market: Breakup by Magnet Type (in %), 2019
Figure 4: Global: Rare Earth Magnets Market: Breakup by Application (in %), 2019
Figure 5: Global: Rare Earth Magnet Market Forecast: Sales Volume (in Tons), 2020-2025
Figure 6: Global: Rare Earth Magnet Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 7: Global: Samarium Cobalt (SmCo) Magnet Market: Sales Volume (in Tons), 2014-2019
Figure 8: Global: Samarium Cobalt (SmCo) Magnet Market: Sales Value (in Million US$), 2014-2019
Figure 9: Global: Samarium Cobalt (SmCo) Magnet Market: Breakup by Region (in %), 2019
Figure 10: Global: Samarium Cobalt (SmCo) Magnet Market: Breakup by Application (in %), 2019
Figure 11: Global: Samarium Cobalt (SmCo) Magnet Market Forecast: Sales Volume (in Tons), 2020-2025
Figure 12: Global: Samarium Cobalt (SmCo) Magnet Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Samarium Cobalt (SmCo) Magnet Industry: SWOT Analysis    
Figure 14: Global: Samarium Cobalt (SmCo) Magnet Industry: Value Chain Analysis
Figure 15: Global: Samarium Cobalt (SmCo) Magnet Industry: Porter’s Five Forces Analysis
Figure 16: China: Samarium Cobalt (SmCo) Magnet Market: Sales Volume (in Tons), 2014-2019
Figure 17: China: Samarium Cobalt (SmCo) Magnet Market Forecast: Sales Volume (in Tons), 2020-2025
Figure 18: USA: Samarium Cobalt (SmCo) Magnet Market: Sales Volume (in Tons), 2014-2019
Figure 19: USA: Samarium Cobalt (SmCo) Magnet Market Forecast: Sales Volume (in Tons), 2020-2025
Figure 20: Europe: Samarium Cobalt (SmCo) Magnet Market: Sales Volume (in Tons), 2014-2019
Figure 21: Europe: Samarium Cobalt (SmCo) Magnet Market Forecast: Sales Volume (in Tons), 2020-2025
Figure 22: Others: Samarium Cobalt (SmCo) Magnet Market: Sales Volume (in Tons), 2014-2019
Figure 23: Others: Samarium Cobalt (SmCo) Magnet Market Forecast: Sales Volume (in Tons), 2020-2025
Figure 24: Global: Samarium Cobalt Magnet Market: Breakup by Application (in %), 2019
Figure 25: Global: Samarium Cobalt Magnet Market: Defence Applications (in Tons), 2014-2019
Figure 26: Global: Samarium Cobalt Magnet Market Forecast: Defence Applications (in Tons), 2020-2025
Figure 27: Global: Samarium Cobalt Magnet Market: Aerospace Applications (in Tons), 2014-2019
Figure 28: Global: Samarium Cobalt Magnet Market Forecast: Aerospace Applications (in Tons), 2020-2025
Figure 29: Global: Samarium Cobalt Magnet Market: Electronics Applications (in Tons), 2014-2019
Figure 30: Global: Samarium Cobalt Magnet Market Forecast: Electronics Applications (in Tons), 2020-2025
Figure 31: Global: Samarium Cobalt Magnet Market: Medical Devices Applications (in Tons), 2014-2019
Figure 32: Global: Samarium Cobalt Magnet Market Forecast: Medical Devices Applications (in Tons), 2020-2025
Figure 33: Global: Samarium Cobalt Magnet Market: Other Applications (in Tons), 2014-2019
Figure 34: Global: Samarium Cobalt Magnet Market: Other Applications (in Tons), 2020-2025
Figure 35: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Detailed Process Flow
Figure 36: Samarium Cobalt (SmCo) Magnet Manufacturing: Conversion Rate of Feedstocks
Figure 37: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 38: Samarium Cobalt (SmCo) Magnet Production: Manufacturing Cost Breakup (in %)
 
List of Tables

Table 1: Global Rare Earth Magnet Market: Key Industry Highlights, 2019 and 2025
Table 2: China: Key Rare Earth Magnet Manufacturers
Table 3: USA: Key Rare Earth Magnet Manufacturers
Table 4: Japan: Key Rare Earth Magnet Manufacturers
Table 5: Europe: Key Rare Earth Magnet Manufacturers
Table 6: Global Samarium Cobalt Magnet Market: Key Industry Highlights, 2019 and 2025
Table 7: Global: Samarium Cobalt Magnet Market Forecast: Breakup by Region (in Tons), 2020-2025
Table 8: Global: Samarium Cobalt Magnet Market Forecast: Breakup by Applications (in Tons), 2020-2025
Table 9: Global: Samarium Cobalt (SmCo) Magnet Market: Key Manufacturers    
Table 10: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Raw Material Requirements (in Tons/Day) 
Table 11: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 12: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 13: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Machinery Costs (in US$)
Table 14: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Raw Material Requirements and Expenditures (in Tons/Day) 
Table 15: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 16: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 17: Details of Financial Assistance Offered by Financial Institutions    
Table 18: Samarium-Cobalt (SmCo) Magnet Manufacturing Plant: Capital Costs (in US$)
Table 19: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Techno-Economic Parameters
Table 20: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Income Projections (in US$)
Table 21: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Expenditure Projections (in US$)
Table 22: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Taxation (in US$)
Table 23: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Depreciation (in US$)
Table 24: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 25: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 26: Samarium Cobalt (SmCo) Magnet Manufacturing Plant: Profit and Loss Account (in US$)

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