Latest Industry Trend: Rapid Growth in High-Performance Permanent Ferrite Magnet Market
Views: 1 Author: Site Editor Publish Time: 2025-12-29 Origin: Site
According to industry news in December 2025, high-performance permanent ferrite magnets are experiencing strong demand in various fields including automotive, home appliances, and new energy, thanks to their advantages such as low cost, high-temperature resistance, and demagnetization resistance. Driven by policy support and technological advancements, the industry continues to expand. The global market size for permanent ferrite magnets was approximately 8.5billion∗∗in2024andisprojectedtoexceed∗∗8.5billion∗∗in2024andisprojectedtoexceed∗∗13 billion by 2030, with a compound annual growth rate (CAGR) exceeding 6%.
Price Information: Recent Increase in Raw Material Prices for Rare Earth Permanent MagnetsAs of December 1, 2025, prices for some rare earth raw materials have increased compared to November 28.
Neodymium Metal: Price rose to ¥722,500 per ton.
Praseodymium-Neodymium Mixed Metal: Price rose to ¥707,500 per ton.
Prices for Dysprosium Iron and Terbium Metal remained stable at ¥1,430,000 per ton and ¥8,100,000 per ton, respectively.
Policy and Industry Moves
Deepened Strategic Layout of Domestic Companies: In December 2025, Xiamen Tungsten's controlling subsidiary planned to invest ¥942 million in the construction of the second phase of its Motor Industrial Park, aiming to strengthen its industrial layout in the rare earth permanent magnet motor sector. The project is expected to be completed by September 2029.
Accelerated Construction of Industrial Clusters: During the same period, the main structure of Building 10 at the Yushan High-End Magnetic Materials Industrial Park in Hengdian Town was successfully capped. With a total investment exceeding ¥800 million, the park has already attracted nine magnetic material enterprises. It is estimated to achieve an annual output value exceeding ¥1.5 billion upon full operation.
Empowering Industry Upgrade with AI Technology: In December 2025, a rare earth permanent magnet project from Baotou City was selected for the Ministry of Industry and Information Technology's "Unveiling the List and Taking Command" project list. This project aims to build an artificial intelligence R&D and application system covering the entire process from formula design to process control, addressing pain points such as long traditional R&D cycles and low process efficiency. It is expected to reduce the R&D cycle by more than 50%.
Global Supply Chain Changes: Vietnam recently passed amendments to its Geology and Minerals Law, designating rare earths as a special strategic resource and banning the export of rare earth raw ore starting January 1, 2026. This move aims to strengthen state supervision and will impact the global rare earth supply landscape.
