Rare-Earth-Free Permanent Magnet Market - Industry Dynamics, Market Size, and Opportunity Forecast to 2035

Rare-Earth-Free Permanent Magnet Market: By Material (Advanced Ferrite, Iron Nitride (Fe16N2), Manganese-Based (MnBi, MnAl), Iron-Nickel/Tetrataenite, Cobalt-Free Alloys); Form (Sintered, Bonded, Additively Manufactured); Application (EV Traction Motors, Industrial Motors & Pumps, Wind Turbine Generators, Consumer Electronics & Appliances, Robotics & Actuators); End User (Automotive OEMs & Tier-1s, Industrial Equipment Makers, Wind Developers, Robotics Manufacturers)—Market Size, Industry Dynamics, Opportunity Analysis and Forecast For 2026–2035

The rare-earth-free permanent magnet market is estimated at USD 400.2 million in 2025 and is projected to reach USD 4,989.6 million by 2035, growing at a CAGR of 28.7% over the forecast period 2026–2035. Read More

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• Last Updated: 08-Sep-2026  |  Format:  |  Report ID: AA09261974