Rare Earth Alloy Market Demand Analysis Report 2026

On Jan 5, Global Info Research released "Global Rare Earth Alloy Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032". This report includes an overview of the development of the Rare Earth Alloy industry chain, the market status of Rare Earth Alloy Market, and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Rare Earth Alloy.

According to our (Global Info Research) latest study, the global Rare Earth Alloy market size was valued at US$ 13953 million in 2024 and is forecast to a readjusted size of USD 20995 million by 2031 with a CAGR of 6.1% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
In 2024, the global production of rare earth alloys was 455,000 tons, with an average price of US,800 per ton.
A Rare Earth Alloy is a metallic material composed of rare earth elements (REEs)-such as neodymium (Nd), dysprosium (Dy), cerium (Ce), lanthanum (La), samarium (Sm), and others-combined with base metals (like iron, cobalt, aluminum, magnesium, or nickel) to impart unique magnetic, thermal, optical, or catalytic properties.
Rare earth alloys are primarily supplied upstream by rare earth mining and smelting companies, including Ganzhou Rare Earth Group, Northern Rare Earth, Southern Rare Earth, Shenghe Resources, and Xiamen Tungsten. These companies provide raw materials such as mixed rare earth metals, praseodymium, neodymium, cerium, lanthanum, dysprosium, and terbium, forming the core supply side of rare earth alloys. Downstream demand is mainly concentrated in permanent magnet material manufacturing, new energy vehicles, wind power equipment, energy-saving motors, and aerospace and nuclear power structural components. Typical customers include Ningbo Yunsheng, Jinli Permanent Magnet, Minghe Magnetic Materials, BYD, and General Electric. Downstream demand is driven by the continued expansion of high-performance NdFeB magnets, the increasing penetration rate of new energy vehicle drive motors, the increased demand for high-coercivity magnetic materials in large-megawatt wind turbine units, and the substitution trend of magnesium rare earth alloys in lightweight components. The automotive, motor, and aerospace component industries are increasingly reliant on high-strength, high-temperature resistant, and corrosion-resistant alloys, making rare earth alloys an irreplaceable key new material.
The future development of rare earth alloys is driven by three factors: the continued growth in global new energy vehicle and wind power installations boosting demand for magnetic materials; lightweight automotive parts driving the accelerated replacement of traditional aluminum-magnesium materials by magnesium-rare earth and aluminum-rare earth alloys; and the rising demand from high-end manufacturing for ultra-high temperature and radiation-resistant rare earth-strengthened high-temperature alloys. However, development is also constrained by factors such as frequent fluctuations in rare earth prices, uncertainties in international trade policies, tight supply of certain rare earth elements, and increased production costs due to strict environmental regulations. Overall, demand is far exceeding the rate of supply expansion, resulting in a long-term tight supply situation, with high-performance rare earth alloys experiencing a structural supply shortage.
The annual output of a single rare earth alloy production line is typically between 1,000 and 3,000 tons, with an average gross profit margin of 15% to 25%.
This report is a detailed and comprehensive analysis for global Rare Earth Alloy 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.

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Market segment by Type: Permanent Magnet Rare Earth Alloys、 Hydrogen Storage Rare Earth Alloys、 Metallurgical Additive Rare Earth Alloys、 Functional Material Rare Earth Alloys
Market segment by Application: Permanent Magnets、 Hydrogen Storage System、 Chemical、 Electronic、 Aerospace、 Military、 Others
Major players covered: China Northern Rare Earth Group、 China Rare Earth Group、 Xiamen Tungsten、 JL MAG、 Shin-Etsu Chemical、 MP Materials、 Lynas Corporation、 AEM REE、 Santoku、 Solvay、 Rising Nonferrous Metals Share、 Umicore、 Stanford Advanced Materials、 Shenghe Resources Holding、 Lynas Rare Earths、 Proterial、 Nippon Yttrium、 Yunsheng、 VAC Vacuumschmelze、 Hitachi Metals
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 Rare Earth Alloy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Rare Earth Alloy, with price, sales, revenue and global market share of Rare Earth Alloy from 2021 to 2025.
Chapter 3, the Rare Earth Alloy competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Rare Earth Alloy 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 application, with sales market share and growth rate by type, 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 2025.and Rare Earth Alloy market forecast, by regions, type and application, with sales and revenue, from 2026 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 Rare Earth Alloy.
Chapter 14 and 15, to describe Rare Earth Alloy sales channel, distributors, customers, research findings and conclusion.

Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

About Us:

Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

This release was published on openPR.