Market overview
The global samarium market is worth USD 49 mn in 2026 and is forecast to reach USD 100 mn by 2036, growing at a 7.5% CAGR. China is the largest country market and Samarium-cobalt magnets is the largest by application segment.
| Scope | Samarium oxide, metal and compounds used mainly in samarium-cobalt magnets, with smaller uses in catalysts, glass, ceramics and nuclear medicine. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 45 mn |
| Value 2026 | USD 49 mn |
| Value 2036 | USD 100 mn |
| CAGR 2026-2036 | 7.5% |
| Volume 2026 | 1,159 tonnes |
| Volume 2036 | 1,866 tonnes |
| Average price 2026 | USD 41,930 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Samarium market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 49 mn |
| 2027 | USD 52 mn |
| 2028 | USD 56 mn |
| 2029 | USD 60 mn |
| 2030 | USD 65 mn |
| 2031 | USD 70 mn |
| 2032 | USD 75 mn |
| 2033 | USD 81 mn |
| 2034 | USD 87 mn |
| 2035 | USD 93 mn |
| 2036 | USD 100 mn |
Samarium market segmentation
By application
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Samarium-cobalt magnets | 78.0% | 80.8% | USD 38 mn | 7.9% |
| Radiopharmaceuticals | 8.0% | 9.1% | USD 3.9 mn | 8.9% |
| Catalysts and glass and ceramics | 8.0% | 5.4% | USD 3.9 mn | 3.4% |
| Nuclear and other | 6.0% | 4.7% | USD 2.9 mn | 4.9% |
By form
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Oxide | 60.0% | 57.2% | USD 29 mn | 7.0% |
| Metal | 30.0% | 32.9% | USD 15 mn | 8.5% |
| Compounds | 10.0% | 10.0% | USD 4.9 mn | 7.5% |
By purity
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Standard (99%) | 40.0% | 37.0% | USD 19 mn | 6.7% |
| High purity (99.9%) | 38.0% | 38.0% | USD 18 mn | 7.5% |
| Ultra-high purity | 22.0% | 25.0% | USD 11 mn | 8.9% |
By customer type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Magnet manufacturers | 60.0% | 62.0% | USD 29 mn | 7.8% |
| Isotope producers | 18.0% | 18.0% | USD 8.8 mn | 7.5% |
| Ceramics firms | 12.0% | 10.0% | USD 5.8 mn | 5.6% |
| Traders and research | 10.0% | 10.0% | USD 4.9 mn | 7.5% |
By supply source
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Direct from mining | 56.0% | 52.0% | USD 27 mn | 6.7% |
| Recycled magnets and scrap | 14.0% | 18.0% | USD 6.8 mn | 10.2% |
| Separation stockpiles | 30.0% | 30.0% | USD 15 mn | 7.5% |
Top 25 countries for samarium by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 96.5% of 2026 revenue and the 25 countries below together hold 99.4%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 25 mn | 52.0% | USD 52 mn | 7.4% |
| 2 | Japan | USD 5.8 mn | 12.0% | USD 11 mn | 6.4% |
| 3 | United States | USD 4.9 mn | 10.0% | USD 12 mn | 9.4% |
| 4 | Germany | USD 3.4 mn | 7.0% | USD 6.6 mn | 6.9% |
| 5 | South Korea | USD 1.9 mn | 4.0% | USD 4.0 mn | 7.5% |
| 6 | France | USD 1.5 mn | 3.0% | USD 2.8 mn | 6.8% |
| 7 | United Kingdom | USD 1.5 mn | 3.0% | USD 2.8 mn | 6.8% |
| 8 | India | USD 0.97 mn | 2.0% | USD 2.7 mn | 10.8% |
| 9 | Taiwan | USD 0.97 mn | 2.0% | USD 1.9 mn | 7.0% |
| 10 | Italy | USD 0.73 mn | 1.5% | USD 1.4 mn | 6.8% |
| 11 | Canada | USD 0.21 mn | 0.4% | USD 0.44 mn | 7.5% |
| 12 | Netherlands | USD 0.18 mn | 0.4% | USD 0.38 mn | 7.5% |
| 13 | Poland | USD 0.16 mn | 0.3% | USD 0.33 mn | 7.5% |
| 14 | Czech Republic | USD 0.14 mn | 0.3% | USD 0.29 mn | 7.5% |
| 15 | Vietnam | USD 0.12 mn | 0.2% | USD 0.25 mn | 7.5% |
| 16 | Malaysia | USD 0.11 mn | 0.2% | USD 0.22 mn | 7.5% |
| 17 | Thailand | USD 92 thousand | 0.2% | USD 0.19 mn | 7.5% |
| 18 | Mexico | USD 78 thousand | 0.2% | USD 0.17 mn | 8.2% |
| 19 | Israel | USD 68 thousand | 0.1% | USD 0.14 mn | 7.5% |
| 20 | Switzerland | USD 58 thousand | 0.1% | USD 0.13 mn | 8.4% |
| 21 | Sweden | USD 53 thousand | 0.1% | USD 0.11 mn | 7.5% |
| 22 | Australia | USD 44 thousand | 0.09% | USD 0.10 mn | 8.6% |
| 23 | Brazil | USD 39 thousand | 0.08% | USD 80 thousand | 7.5% |
| 24 | Austria | USD 34 thousand | 0.07% | USD 70 thousand | 7.5% |
| 25 | Turkey | USD 29 thousand | 0.06% | USD 60 thousand | 7.5% |
| Rest of world | USD 0.28 mn | 0.6% | USD 0.64 mn | 8.8% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- China Northern Rare Earth
- China Rare Earth Group
- Shenghe Resources
- Xiamen Tungsten
Group 2: Regional and specialist players
- Neo Performance Materials
- Solvay
- Shin-Etsu Chemical
- Treibacher Industrie
Group 3: Emerging and niche players
- Arnold Magnetic Technologies
- Electron Energy Corporation
- Stanford Advanced Materials
- American Elements
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the samarium market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 7.5% is calculated from the resulting values.
The market is divided by application, by form, by purity, by customer type, by supply source. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the samarium market?
The global samarium market is estimated at USD 45 mn in 2025 and USD 49 mn in 2026.
How fast will the samarium market grow?
It is forecast to reach USD 100 mn by 2036, a compound annual growth rate of 7.5% from 2026, an increase of USD 52 mn.
Which country is the largest market for samarium?
China is the largest market by revenue at USD 25 mn in 2026, 52.0% of the global total. The three largest countries together hold 74.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 10.8% a year from 2026 to 2036.
Which samarium segment is largest?
In the by application split, Samarium-cobalt magnets is the largest segment with 78.0% of 2026 revenue.
Who are the leading samarium companies?
Global leaders include China Northern Rare Earth, China Rare Earth Group, Shenghe Resources, Xiamen Tungsten.
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