Report overview
Neodymium magnet was the largest magnetic mass in the world at that time. Later, general motors successfully developed a melt-spinning process to produce ndfeb magnets. The magnet is now second only to absolute zero holmium magnets in magnetism as a permanent magnet and is the most commonly used rare earth magnet. Ndfeb magnets are widely used in electronic products such as hard drives, mobile phones, headphones and battery-powered tools.
This report aims to provide a comprehensive presentation of the global market for Neodymium Iron Boron Magnet, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neodymium Iron Boron Magnet. This report contains market size and forecasts of Neodymium Iron Boron Magnet in global, including the following market information:
Global Neodymium Iron Boron Magnet Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Neodymium Iron Boron Magnet Market Sales, 2018-2023, 2024-2032, (MT)
Global top five Neodymium Iron Boron Magnet companies in 2022 (%)
The global Neodymium Iron Boron Magnet market was valued at US$ 7687.8 million in 2022 and is projected to reach US$ 11070 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Bonded NdFeB Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Neodymium Iron Boron Magnet include Neo, Ugimag, R.Audemars SA, NSSMC, TDK, Daido Steel, Shin-Etsu Chemical, Hitachi Metals and Ta Tong Magnet, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Neodymium Iron Boron Magnet manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Neodymium Iron Boron Magnet Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Neodymium Iron Boron Magnet Market Segment Percentages, by Type, 2022 (%)
Bonded NdFeB
Sintered NdFeB
Global Neodymium Iron Boron Magnet Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Neodymium Iron Boron Magnet Market Segment Percentages, by Application, 2022 (%)
Consumer Electronics
General Industrial
Automotive
Medical Technology
Global Neodymium Iron Boron Magnet Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Neodymium Iron Boron Magnet Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Neodymium Iron Boron Magnet revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Neodymium Iron Boron Magnet revenues share in global market, 2022 (%)
Key companies Neodymium Iron Boron Magnet sales in global market, 2018-2023 (Estimated), (MT)
Key companies Neodymium Iron Boron Magnet sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Neo
Ugimag
R.Audemars SA
NSSMC
TDK
Daido Steel
Shin-Etsu Chemical
Hitachi Metals
Ta Tong Magnet
Galaxy Magnets
ZhongKeSanHuan
Ningbo Co-star
DEMGC
Beijing Jingci Magnet
Earth-Panda
Tianhe Magnets
Guangzhou Golden South
Jiangxi Yingguang Magnet
Ningbo Yunsheng
Outline of Major Chapters:
Chapter 1: Introduces the definition of Neodymium Iron Boron Magnet, market overview.
Chapter 2: Global Neodymium Iron Boron Magnet market size in revenue and volume.
Chapter 3: Detailed analysis of Neodymium Iron Boron Magnet manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Neodymium Iron Boron Magnet in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Neodymium Iron Boron Magnet capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
