The Global Sintered Samarium Cobalt Magnet Market was valued at USD 426 Million in 2025 and is projected to reach USD 578 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period (2024–2034). This growth is driven by escalating demand from aerospace, defense, and automotive sectors, particularly for applications requiring high-temperature stability, corrosion resistance, and reliable performance under extreme conditions.

As industries worldwide push for greater efficiency, miniaturization, and performance in critical technologies, the demand for advanced permanent magnet solutions accelerates. This blog profiles the Top 10 Companies in the Sintered Samarium Cobalt Magnet Industry—a group of specialized manufacturers and innovators who are defining the standards for high-performance magnetic materials in the 21st century.

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🔟 1. DAILYMAG

Headquarters: China
Key Offering: Sintered Samarium Cobalt Magnets in various grades and shapes

DAILYMAG is a prominent global manufacturer of sintered samarium cobalt magnets, renowned for its extensive product portfolio and significant production capacity. The company supplies high-performance magnets to a diverse range of industries, including automotive, aerospace, and industrial automation, with a strong focus on meeting stringent quality and performance specifications.

Key Initiatives:

• Expansion of production facilities to meet growing global demand

• Investment in R&D for developing magnets with higher energy products

• Strategic focus on serving the electric vehicle and renewable energy sectors

Download FREE Sample Report: Sintered Samarium Cobalt Magnet Market – View in Detailed Research Report

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9️⃣ 2. HGT Advanced Magnets

Headquarters: USA
Key Offering: Custom-engineered SmCo magnets, high-temperature grades

HGT Advanced Magnets specializes in the design and manufacturing of high-performance sintered samarium cobalt magnets for demanding applications. The company is known for its technical expertise in producing magnets that operate reliably in extreme environments, making it a preferred supplier for the defense and aerospace industries.

Key Initiatives:

• Development of specialized magnet grades for ultra-high-temperature applications

• Collaboration with defense contractors on custom magnetic solutions

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8️⃣ 3. Sintex

Headquarters: International
Key Offering: Sintered SmCo magnets, magnetic assemblies

Sintex is a key international player with a strong presence in the sintered samarium cobalt magnet market. The company offers a wide array of magnet shapes and sizes, supported by advanced manufacturing capabilities and a commitment to consistent quality, serving clients in medical technology, instrumentation, and industrial sectors.

Key Initiatives:

• Focus on producing complex, near-net-shape magnet geometries

• Expansion into value-added magnetic assembly services

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7️⃣ 4. Magnaworks Technology

Headquarters: USA
Key Offering: Precision SmCo magnets, sensor-grade materials

Magnaworks Technology excels in producing high-precision sintered samarium cobalt magnets for sensitive applications such as sensors, actuators, and medical devices. The company’s focus on tight tolerances and superior magnetic properties makes it a critical supplier for technology-driven industries.

Key Initiatives:

• R&D in magnet materials for next-generation sensor technology

• Investment in precision machining and quality control systems

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6️⃣ 5. ABM Magnetics

Headquarters: International
Key Offering: SmCo magnets, magnetic separation systems

ABM Magnetics is a well-established manufacturer with a broad product range that includes sintered samarium cobalt magnets. The company leverages its expertise in magnetics to serve diverse markets, from industrial equipment to research and development, emphasizing reliability and performance.

Key Initiatives:

• Integration of magnet production with system-level magnetic solutions

• Global distribution network expansion

Download FREE Sample Report: Sintered Samarium Cobalt Magnet Market – View in Detailed Research Report

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5️⃣ 6. SDM Magnetics

Headquarters: China
Key Offering: Sintered SmCo magnets, rotor assemblies

SDM Magnetics is a significant manufacturer based in China, specializing in sintered rare earth magnets. The company has robust capabilities in producing samarium cobalt magnets for motors, generators, and other electromechanical devices, catering to both domestic and international markets.

Key Initiatives:

• Capacity scaling to support the growing electric mobility sector

• Focus on cost-effective manufacturing without compromising quality

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4️⃣ 7. Armstrong Magnetics

Headquarters: USA
Key Offering: Industrial-grade SmCo magnets, custom fabrication

Armstrong Magnetics has a long-standing reputation for supplying durable and reliable permanent magnets, including sintered samarium cobalt. The company serves a wide industrial base, providing solutions for applications where performance in harsh environments is critical.

Key Initiatives:

• Expertise in providing magnets for oil and gas, and heavy industrial applications

• Commitment to customer-specific design and engineering support

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3️⃣ 8. Hangzhou Kede Magnetic Components

Headquarters: China
Key Offering: SmCo magnets, bonded magnets, magnetic components

Hangzhou Kede Magnetic Components is a specialized producer of magnetic materials, with a strong focus on sintered samarium cobalt magnets. The company is recognized for its technical capability in manufacturing a variety of magnet forms and its responsiveness to customer requirements.

Key Initiatives:

• Diversification into bonded magnet technologies alongside sintered products

• Strengthening supply chains for raw material sourcing

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2️⃣ 9. Bunting Magnetics

Headquarters: USA
Key Offering: Sintered SmCo magnets, magnetic assemblies and separation equipment

Bunting Magnetics is a leading designer and manufacturer of magnets and magnetic equipment. Their sintered samarium cobalt magnet division supplies high-quality materials for demanding applications across aerospace, medical, and electronic industries, supported by extensive engineering services.

Key Initiatives:

• Vertical integration from raw material to finished magnetic assemblies

• Focus on providing complete magnetic solutions rather than just components

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1️⃣ 10. Euromag International

Headquarters: Europe
Key Offering: High-performance SmCo magnets, technical consultancy

Euromag International is a key European supplier of sintered samarium cobalt magnets, known for its high-quality standards and technical support. The company serves a clientele that requires magnets for precision instruments, defense systems, and advanced research applications.

Key Initiatives:

• Specialization in low-volume, high-specification magnet orders

• Active participation in European research projects for advanced magnetic materials

Get Full Report Here: Sintered Samarium Cobalt Magnet Market – View in Detailed Research Report

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🧲 Outlook: The Future of Sintered Samarium Cobalt Magnets Is High-Tech and High-Performance

The sintered samarium cobalt magnet market is characterized by continuous innovation. While these magnets already serve critical niches, ongoing research and development is pushing the boundaries of their performance, cost-effectiveness, and application scope.

📈 Key Trends Shaping the Market:

• R&D focus on increasing the maximum energy product (BHmax) and coercivity of SmCo magnets

• Growing adoption in electric vehicle traction motors and high-efficiency aerospace actuators

• Advancements in near-net-shape manufacturing to reduce waste and cost

• Strategic efforts to secure and diversify the supply chain for samarium and cobalt

Get Full Report Here: Sintered Samarium Cobalt Magnet Market – View in Detailed Research Report

The companies listed are not only supplying critical components—they are enabling the technological advancement of multiple high-stakes industries.