Advanced Materials World
Oct 6, 2025
How Technology Innovations are Driving Rare Earth Magnet Market Growth
IDTechEx estimates that global rare earth magnet production will exceed 330 ktpa by 2036, as the USA and Europe move to reshore and scale domestic manufacturing capacity. Technology innovations addressing rare earth separation and magnet manufacturing will play a critical role in achieving increased magnet production while reducing reliance on supply-strapped heavy rare earths.