South Korea Samarium Cobalt Magnets Market to 2032
Overview
The South Korea Samarium Cobalt Magnets Market is expected to reach a 42.51 USD Million by 2032 and is projected to grow at a CAGR of 4.24% from 2025 to 2032.
Revenue, 2024 (USD Million)
29.42
Forecast, 2032 (USD Million)
42.51
CAGR, 2024 - 2032
4.24%
Report Coverage
South Korea
South Korea Samarium Cobalt Magnets Market 2018-2032 USD Million
South Korea Samarium Cobalt Magnets Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 29.42 USD Million
- Projected Market Size (2032): 42.51 USD Million
- CAGR (2025-2032): 4.24%
Key Findings of South Korea Samarium Cobalt Magnets Market
- The South Korea Samarium Cobalt Magnets Market was valued at 29.42 USD Million in 2024.
- The South Korea Samarium Cobalt Magnets Market is likely to grow at a CAGR of 4.24% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct (OEM) in Sales Channel Segment accounted for the largest share of the market with a revenue of 22.74 USD Million
- The fastest growing segment Rings in Shape Segment grew Fastest with a CAGR of 5.14% during the forecast period from 2024 to 2032.
South Korea Samarium Cobalt Magnets Market Scope
South Korea Samarium Cobalt Magnets Market Segmentation & Scope
Application
- Others
- Research Institutions
- Consumer Electronics
- Healthcare & Medical Devices
- Marine
- Automotive
- Oil & Gas / Mining
- Energy & Power Generation
- Industrial Manufacturing
- Aerospace & Defense
Sales Channel
- Aftermarket
- Direct (OEM)
Shape
- Others
- Powders
- Custom
- Cylinders / Rods
- Discs
- Blocks
- Rings
- Arcs / Segments
Remanence (BR)
- Above 11 kg
- Up to 9 kg
- 9–10 kg
- 10–11 kg
Operating Temperature
- Above 350 °C
- Up to 100 °C
- 250–350 °C
- 100–250 °C
Magnetization
- Radially Magnetized
- Multi-pole
- Diametrically Magnetized
- Axially Magnetized
Type
- Sm1Co5 (1:5 Group)
- Sm2Co17 (2:17 Group)
Grade
- Others
- Low-Temperature Grade
- High-Coercivity Grade
- High-Energy Grade
- High-Temperature Grade
- Standard
Coating
- Others
- Passivation / Chemical Treatments
- Electroless Plating
- Polymer Overmoulding
- Epoxy Coating
- Nickel Plating
Time Horizon
- 1–3 Years
- 4–7 Years
- Above 15 Years
- 8–15 Years
South Korea Samarium Cobalt Magnets Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2025 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 29.42 USD Million |
| Market Value in 2032 | 42.51 USD Million |
| CAGR (2025-2032) | 4.24% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Sales Channel,Shape,Remanence (BR),Operating Temperature,Magnetization,Type,Grade,Coating,Time Horizon |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 29.42 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 29.42 USD Million in 2024.
Segments and Scope
-
South Korea Samarium Cobalt Magnets Market to 2032, By Application
- Aerospace & Defense is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 8.50 USD Million in the year 2024.
- Automotive is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.43 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Sales Channel
- Direct (OEM) is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 22.74 USD Million in the year 2024.
- Direct (OEM) is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.33 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Shape
- Arcs / Segments is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 7.86 USD Million in the year 2024.
- Rings is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 3.02 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Remanence (BR)
- 10–11 kg is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 12.11 USD Million in the year 2024.
- Above 11 kg is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.40 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Operating Temperature
- 100–250 °C is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 12.14 USD Million in the year 2024.
- Above 350 °C is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.21 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Magnetization
- Axially Magnetized is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 16.58 USD Million in the year 2024.
- Multi-pole is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.27 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Type
- Sm2Co17 (2:17 Group) is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 19.94 USD Million in the year 2024.
- Sm2Co17 (2:17 Group) is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.31 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Grade
- Standard is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 11.23 USD Million in the year 2024.
- High-Energy Grade is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.48 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Coating
- Nickel Plating is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 12.91 USD Million in the year 2024.
- Epoxy Coating is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.30 % in forecast period 2025-2032.
-
South Korea Samarium Cobalt Magnets Market to 2032, By Time Horizon
- 8–15 Years is the largest segment in South Korea Samarium Cobalt Magnets Market to 2032 with a revenue of 11.50 USD Million in the year 2024.
- Above 15 Years is the Fastest growing segment in South Korea Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.43 % in forecast period 2025-2032.
South Korea Samarium Cobalt Magnets Market Company Share Analysis
| Company Name |
|
||
| Arnold Magnetic Technologies | |||
| VACUUMSCHMELZE GmbH & Co. KG | |||
| Hangzhou Permanent Magnet Group Co., Ltd | |||
| Dongguan Yongli Magnetics Co., Ltd, | |||
| Electron Energy Corporation | |||
South Korea Samarium Cobalt Magnets Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Samarium Cobalt Magnets Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Samarium Cobalt Magnets Market is segmented based on Segmentation Application,Sales Channel,Shape,Remanence (BR),Operating Temperature,Magnetization,Type,Grade,Coating,Time Horizon.
South Korea Samarium Cobalt Magnets Market was valued at USD 29.42(Revenue in USD Million) in 2025.
South Korea Samarium Cobalt Magnets Market is projected to grow at a CAGR of 4.24% during the forecast period of 2024 to 2032.
The Direct (OEM) segment is expected to dominate the South Korea Samarium Cobalt Magnets Market, holding a largest market share of 22.74 USD Million in 2024
South Korea Samarium Cobalt Magnets Market Scope
South Korea Samarium Cobalt Magnets Market Segmentation & Scope
Application
- Others
- Research Institutions
- Consumer Electronics
- Healthcare & Medical Devices
- Marine
- Automotive
- Oil & Gas / Mining
- Energy & Power Generation
- Industrial Manufacturing
- Aerospace & Defense
Sales Channel
- Aftermarket
- Direct (OEM)
Shape
- Others
- Powders
- Custom
- Cylinders / Rods
- Discs
- Blocks
- Rings
- Arcs / Segments
Remanence (BR)
- Above 11 kg
- Up to 9 kg
- 9–10 kg
- 10–11 kg
Operating Temperature
- Above 350 °C
- Up to 100 °C
- 250–350 °C
- 100–250 °C
Magnetization
- Radially Magnetized
- Multi-pole
- Diametrically Magnetized
- Axially Magnetized
Type
- Sm1Co5 (1:5 Group)
- Sm2Co17 (2:17 Group)
Grade
- Others
- Low-Temperature Grade
- High-Coercivity Grade
- High-Energy Grade
- High-Temperature Grade
- Standard
Coating
- Others
- Passivation / Chemical Treatments
- Electroless Plating
- Polymer Overmoulding
- Epoxy Coating
- Nickel Plating
Time Horizon
- 1–3 Years
- 4–7 Years
- Above 15 Years
- 8–15 Years
Frequently Asked Questions
The South Korea Samarium Cobalt Magnets Market is segmented based on Segmentation Application,Sales Channel,Shape,Remanence (BR),Operating Temperature,Magnetization,Type,Grade,Coating,Time Horizon.
South Korea Samarium Cobalt Magnets Market was valued at USD 29.42(Revenue in USD Million) in 2025.
South Korea Samarium Cobalt Magnets Market is projected to grow at a CAGR of 4.24% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Samarium Cobalt Magnets Market for final year is USD 42.51 (USD Million).
South Korea Samarium Cobalt Magnets Market Company Profiling
Frequently Asked Questions
The South Korea Samarium Cobalt Magnets Market is segmented based on Segmentation Application,Sales Channel,Shape,Remanence (BR),Operating Temperature,Magnetization,Type,Grade,Coating,Time Horizon.
South Korea Samarium Cobalt Magnets Market was valued at USD 29.42(Revenue in USD Million) in 2025.
South Korea Samarium Cobalt Magnets Market is projected to grow at a CAGR of 4.24% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Samarium Cobalt Magnets Market for final year is USD 42.51 (USD Million).
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