Rare Earth Magnetic Refrigeration Materials Market

The global Rare Earth Magnetic Refrigeration Materials market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Rare Earth Compounds Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Rare Earth Magnetic Refrigeration Materials include Hitachi Metals Group, Shin-Etsu, TDK, VACUUMSCHMELZE GmbH, HTS-110, Eriez, Daido Electronics, Arnold Magnetic Technologies and TyTek Industries, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Rare earth magnetic refrigeration material refers to a new refrigeration technology that uses magnetic materials as working fluids. The basic principle is to use the magnetocaloric effect of the magnetic refrigeration material, that is, when the magnetic refrigeration material is isothermally magnetized, it releases heat to the outside world, and when it is adiabatically demagnetized, it absorbs heat from the outside world to achieve the purpose of refrigeration.
Rare Earth Magnetic Refrigeration Materials Market aims to provide a comprehensive presentation of the global market for Rare Earth Magnetic Refrigeration Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rare Earth Magnetic Refrigeration Materials. Rare Earth Magnetic Refrigeration Materials Market contains market size and forecasts of Rare Earth Magnetic Refrigeration Materials in global, including the following market information:
Global Rare Earth Magnetic Refrigeration Materials Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Rare Earth Magnetic Refrigeration Materials Market Sales, 2019-2024, 2025-2030, (Tons)
Global top five Rare Earth Magnetic Refrigeration Materials companies in 2023 (%)
We surveyed the Rare Earth Magnetic Refrigeration Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rare Earth Magnetic Refrigeration Materials Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Rare Earth Magnetic Refrigeration Materials Market Segment Percentages, by Type, 2023 (%)
Rare Earth Compounds
Amorphous Alloy
Alloys or Compounds of 3D Transition Metals
Global Rare Earth Magnetic Refrigeration Materials Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Rare Earth Magnetic Refrigeration Materials Market Segment Percentages, by Application, 2023 (%)
Wind Power
New Energy Vehicles
Others
Global Rare Earth Magnetic Refrigeration Materials Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Rare Earth Magnetic Refrigeration Materials Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rare Earth Magnetic Refrigeration Materials revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Rare Earth Magnetic Refrigeration Materials revenues share in global market, 2023 (%)
Key companies Rare Earth Magnetic Refrigeration Materials sales in global market, 2019-2024 (Estimated), (Tons)
Key companies Rare Earth Magnetic Refrigeration Materials sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Metals Group
Shin-Etsu
TDK
VACUUMSCHMELZE GmbH
HTS-110
Eriez
Daido Electronics
Arnold Magnetic Technologies
TyTek Industries
Radial Magnets
Eclipse Magnetics Ltd
Beijing Zhong Ke San Huan High-Tech Co.,Ltd
Ningbo Yunsheng Co.,Ltd
Earth-Panda Advanced Magnetic Material Co., Ltd
JL MAG Rare-Earth Co., Ltd
Yantai Zhenghai Magnetic Material Co.,Ltd
Jingci Material Science Co., Ltd
Zhejiang Innuovo Magnetics Co.,Ltd
Zhejiang Zhongyuan Magnetic Material Co.,Ltd
Advanced Technology & Materials Co.,Ltd
Magsuper (Dong Guan) Corp
Baotou Tianhe Magnetics Technology Co., Ltd
Grinm Advanced Materials Co., Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Rare Earth Magnetic Refrigeration Materials, market overview.
Chapter 2: Global Rare Earth Magnetic Refrigeration Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Rare Earth Magnetic Refrigeration Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Rare Earth Magnetic Refrigeration Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Rare Earth Magnetic Refrigeration Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.