Strategic Materials for a Sustainable Future: Global Impact of Samarium Cobalt Magnets
Category: Advanced Materials | Keywords: Samarium Cobalt, Rare Earth, Sustainable Tech

Samarium cobalt (SmCo) magnets are essential for high-performance applications where reliability under extreme conditions matters—like electric vehicles, satellites, wind turbines, and medical devices.

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Samarium Cobalt Permanent Magnet Market Outlook (2021-2031) by Product Type, Application

Samarium Cobalt Permanent Magnet Market was valued at US$ 980.73 Million in 2024 and is projected to reach US$ 1,781.18 Million in 2031 with a CAGR of 9.4% from 2025 to 2031 segmented into Product Type, Application.