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Samarium Market Size, Share and Forecast 2026-2036

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.

USD 49 mnMarket size 2026
USD 100 mnForecast 2036
7.5%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeSamarium oxide, metal and compounds used mainly in samarium-cobalt magnets, with smaller uses in catalysts, glass, ceramics and nuclear medicine.
IndustryChemicals and Materials
Value 2025USD 45 mn
Value 2026USD 49 mn
Value 2036USD 100 mn
CAGR 2026-20367.5%
Volume 20261,159 tonnes
Volume 20361,866 tonnes
Average price 2026USD 41,930 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Samarium market size and forecast, 2026-2036

Exhibit 1The global samarium market is forecast to grow from USD 49 mn in 2026 to USD 100 mn by 2036, more than doublingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 7.5%
Samarium market value, 2025 to 2036Market value by year. 2025: USD 45 mn; 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. Compound annual growth rate 2026 to 2036: 7.5%.202549 mn202670 mn2031100 mn20367.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 49 mn
2027USD 52 mn
2028USD 56 mn
2029USD 60 mn
2030USD 65 mn
2031USD 70 mn
2032USD 75 mn
2033USD 81 mn
2034USD 87 mn
2035USD 93 mn
2036USD 100 mn

Samarium market segmentation

By application

Exhibit 2Samarium-cobalt magnets is the largest segment by application, with 78.0% of 2026 revenueEstimated share of 2026 global revenue, by application
Samarium market share by application, 2026Share of 2026 revenue by application. Samarium-cobalt magnets: 78.0%; Radiopharmaceuticals: 8.0%; Catalysts and glass and ceramics: 8.0%; Nuclear and other: 6.0%.Samarium-cobalt magnets78.0%Radiopharmaceuticals8.0%Catalysts and glass and ceramics8.0%Nuclear and other6.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Samarium-cobalt magnets78.0%80.8%USD 38 mn7.9%
Radiopharmaceuticals8.0%9.1%USD 3.9 mn8.9%
Catalysts and glass and ceramics8.0%5.4%USD 3.9 mn3.4%
Nuclear and other6.0%4.7%USD 2.9 mn4.9%

By form

Exhibit 3Oxide adds the most revenue by form, growing from USD 29 mn in 2026 to USD 57 mn by 2036Estimated revenue in USD by form, 2026 and 2036 forecast
Samarium market by form, 2026 and 2036Revenue by form in 2026 and 2036. Oxide: USD 29 mn in 2026, USD 57 mn in 2036, change +96%; Metal: USD 15 mn in 2026, USD 33 mn in 2036, change +126%; Compounds: USD 4.9 mn in 2026, USD 10 mn in 2036, change +106%.20262036 forecastChangeOxide+96%29 mn57 mnMetal+126%15 mn33 mnCompounds+106%4.9 mn10 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Oxide60.0%57.2%USD 29 mn7.0%
Metal30.0%32.9%USD 15 mn8.5%
Compounds10.0%10.0%USD 4.9 mn7.5%

By purity

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Standard (99%)40.0%37.0%USD 19 mn6.7%
High purity (99.9%)38.0%38.0%USD 18 mn7.5%
Ultra-high purity22.0%25.0%USD 11 mn8.9%

By customer type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Magnet manufacturers60.0%62.0%USD 29 mn7.8%
Isotope producers18.0%18.0%USD 8.8 mn7.5%
Ceramics firms12.0%10.0%USD 5.8 mn5.6%
Traders and research10.0%10.0%USD 4.9 mn7.5%

By supply source

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Direct from mining56.0%52.0%USD 27 mn6.7%
Recycled magnets and scrap14.0%18.0%USD 6.8 mn10.2%
Separation stockpiles30.0%30.0%USD 15 mn7.5%

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%.

Exhibit 4China is the largest country market at USD 25 mn in 2026, and the three largest countries hold 74.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Samarium market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 25 mn, 52.0%; Japan: USD 5.8 mn, 12.0%; United States: USD 4.9 mn, 10.0%; Germany: USD 3.4 mn, 7.0%; South Korea: USD 1.9 mn, 4.0%; France: USD 1.5 mn, 3.0%; United Kingdom: USD 1.5 mn, 3.0%; India: USD 0.97 mn, 2.0%; Taiwan: USD 0.97 mn, 2.0%; Italy: USD 0.73 mn, 1.5%.China25 mn 52.0%Japan5.8 mn 12.0%United States4.9 mn 10.0%Germany3.4 mn 7.0%South Korea1.9 mn 4.0%France1.5 mn 3.0%United Kingdom1.5 mn 3.0%India0.97 mn 2.0%Taiwan0.97 mn 2.0%Italy0.73 mn 1.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 25 mn52.0%USD 52 mn7.4%
2JapanUSD 5.8 mn12.0%USD 11 mn6.4%
3United StatesUSD 4.9 mn10.0%USD 12 mn9.4%
4GermanyUSD 3.4 mn7.0%USD 6.6 mn6.9%
5South KoreaUSD 1.9 mn4.0%USD 4.0 mn7.5%
6FranceUSD 1.5 mn3.0%USD 2.8 mn6.8%
7United KingdomUSD 1.5 mn3.0%USD 2.8 mn6.8%
8IndiaUSD 0.97 mn2.0%USD 2.7 mn10.8%
9TaiwanUSD 0.97 mn2.0%USD 1.9 mn7.0%
10ItalyUSD 0.73 mn1.5%USD 1.4 mn6.8%
11CanadaUSD 0.21 mn0.4%USD 0.44 mn7.5%
12NetherlandsUSD 0.18 mn0.4%USD 0.38 mn7.5%
13PolandUSD 0.16 mn0.3%USD 0.33 mn7.5%
14Czech RepublicUSD 0.14 mn0.3%USD 0.29 mn7.5%
15VietnamUSD 0.12 mn0.2%USD 0.25 mn7.5%
16MalaysiaUSD 0.11 mn0.2%USD 0.22 mn7.5%
17ThailandUSD 92 thousand0.2%USD 0.19 mn7.5%
18MexicoUSD 78 thousand0.2%USD 0.17 mn8.2%
19IsraelUSD 68 thousand0.1%USD 0.14 mn7.5%
20SwitzerlandUSD 58 thousand0.1%USD 0.13 mn8.4%
21SwedenUSD 53 thousand0.1%USD 0.11 mn7.5%
22AustraliaUSD 44 thousand0.09%USD 0.10 mn8.6%
23BrazilUSD 39 thousand0.08%USD 80 thousand7.5%
24AustriaUSD 34 thousand0.07%USD 70 thousand7.5%
25TurkeyUSD 29 thousand0.06%USD 60 thousand7.5%
Rest of worldUSD 0.28 mn0.6%USD 0.64 mn8.8%
Exhibit 5China and United States account for 65% of the USD 52 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Samarium market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 49 mn. China: +USD 26 mn; United States: +USD 7.1 mn; Japan: +USD 5.0 mn; Germany: +USD 3.2 mn; South Korea: +USD 2.1 mn; 20 other countries: +USD 7.5 mn; Rest of world: +USD 0.36 mn. Market value 2036: USD 100 mn.Market value 202649 mnChina+26 mnUnited States+7.1 mnJapan+5.0 mnGermany+3.2 mnSouth Korea+2.1 mn20 other countries+7.5 mnRest of world+0.36 mnMarket value 2036100 mn

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.

Read the full research methodology

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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