Market Overview:
The global bonded NdFeB market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and electronic appliances. In terms of type, the M type segment is expected to lead the global bonded NdFeB market during the forecast period. This can be attributed to its high magnetic properties and low price as compared to other types of bonded NdFeB magnets. In terms of application, the electro-acoustic segment is expected to lead the global bonded NdFeB market during the forecast period owing to its growing demand from consumer electronics applications such as smartphones and laptops.
Product Definition:
Bonded NdFeB is a type of permanent magnet made from an alloy of neodymium, iron and boron. It is one of the most powerful types of magnets available and has a number of applications, including in motors, speakers and medical devices.
M Type:
M type is a new term in the field of materials science and technology. It was introduced to differentiate between two types of NdFeB: single-crystal type and polycrystalline type. The former has been used widely as an alloying agent for enhancing magnetic properties, whereas latter has gained popularity owing to its low cost over the past few years.
H Type:
H type is a special type of rare earth metal, which has the highest thermal stability among all. It is also called as heavy rare earth metal because it has more than twice the ionic strength of light rare earth metals such as lutetium, yttrium and cerium. These properties make H Type useful in applications that require high temperature and corrosion resistance such as fuel cells & batteries.
Application Insights:
Electro-acoustic application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. Bonded ndFeB magnets offer higher strength, temperature stability, low maintenance cost and corrosion resistance which are driving their demand in electro-acoustic applications. They are used as a replacement of traditional ferrite magnets in headphones, speakers & other audio equipment due to their superior properties such as high magnetic strength and neodymium content.
The electronic appliances segment is expected to witness significant growth over the forecast period owing to increasing use of bonded ndFeB products for manufacturing various devices such as hard disk drives (HDD), solid-state drives (SSD), random access memory (RAM) etcetera. The product has better heat dissipation characteristics which ensure long device life along with excellent durability under heavy workloads. These aforementioned factors are anticipated to fuel market growth during the estimated time frame.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as rapid industrialization and urbanization; increasing foreign investments; technological advancements; growing population etc.
China has emerged as a major manufacturing hub for automotive components, consumer electronics products along with other machinery parts due to availability of low-cost labor & raw materials coupled with easy access of export markets through ports located in Southeast Asian countries. This trend is projected to continue over the next eight years which will further propel regional growth during the forecast period.
Europe accounted for more than 20% share of global revenue in 2017 on account of presence of key automobile manufacturers along with electronic appliances manufacturers across Germany, France Italy Russia among others’sending units'.
Growth Factors:
- Increasing demand from the electronics and automotive industries
- Growing popularity of electric vehicles
- Rising demand for energy-efficient technologies
- Proliferation of internet-of-things (IoT) devices
- Emerging applications in medical implants and aerospace
Scope Of The Report
Report Attributes
Report Details
Report Title
Bonded NdFeB Market Research Report
By Type
M Type, H Type, SH Type, Others
By Application
Electro-Acoustic, Electronic Appliances, Mechanical Equipment, Others
By Companies
Hitachi Metals, Shin-Etsu, TDK, VAC, Zhong Ke San Huan, Yunsheng Company, Yantai Shougang Magnetic Materials, JL MAG, ZHmag, Advanced Technology and Materials, Innuovo Magnetics, Galaxy Magnetic, Zhongyuan Magnetic, Earth- Panda, Magsuper
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Bonded NdFeB Market Report Segments:
The global Bonded NdFeB market is segmented on the basis of:
Types
M Type, H Type, SH Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electro-Acoustic, Electronic Appliances, Mechanical Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi Metals
- Shin-Etsu
- TDK
- VAC
- Zhong Ke San Huan
- Yunsheng Company
- Yantai Shougang Magnetic Materials
- JL MAG
- ZHmag
- Advanced Technology and Materials
- Innuovo Magnetics
- Galaxy Magnetic
- Zhongyuan Magnetic
- Earth- Panda
- Magsuper
Highlights of The Bonded NdFeB Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- M Type
- H Type
- SH Type
- Others
- By Application:
- Electro-Acoustic
- Electronic Appliances
- Mechanical Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bonded NdFeB Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bonded NdFeB is a type of magnetoresistive material that can be used in hard drives and other magnetic storage devices. It has the ability to resist changes in its magnetic field, which makes it useful for storing data.
Some of the key players operating in the bonded ndfeb market are Hitachi Metals, Shin-Etsu, TDK, VAC, Zhong Ke San Huan, Yunsheng Company, Yantai Shougang Magnetic Materials, JL MAG, ZHmag, Advanced Technology and Materials, Innuovo Magnetics, Galaxy Magnetic, Zhongyuan Magnetic, Earth- Panda, Magsuper.
The bonded ndfeb market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bonded NdFeB Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bonded NdFeB Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bonded NdFeB Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bonded NdFeB Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bonded NdFeB Market Size & Forecast, 2020-2028
4.5.1 Bonded NdFeB Market Size and Y-o-Y Growth
4.5.2 Bonded NdFeB Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 M Type
5.2.2 H Type
5.2.3 SH Type
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electro-Acoustic
6.2.2 Electronic Appliances
6.2.3 Mechanical Equipment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bonded NdFeB Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bonded NdFeB Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 M Type
9.6.2 H Type
9.6.3 SH Type
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electro-Acoustic
9.10.2 Electronic Appliances
9.10.3 Mechanical Equipment
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 M Type
10.6.2 H Type
10.6.3 SH Type
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electro-Acoustic
10.10.2 Electronic Appliances
10.10.3 Mechanical Equipment
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 M Type
11.6.2 H Type
11.6.3 SH Type
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electro-Acoustic
11.10.2 Electronic Appliances
11.10.3 Mechanical Equipment
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 M Type
12.6.2 H Type
12.6.3 SH Type
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electro-Acoustic
12.10.2 Electronic Appliances
12.10.3 Mechanical Equipment
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 M Type
13.6.2 H Type
13.6.3 SH Type
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electro-Acoustic
13.10.2 Electronic Appliances
13.10.3 Mechanical Equipment
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bonded NdFeB Market: Competitive Dashboard
14.2 Global Bonded NdFeB Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi Metals
14.3.2 Shin-Etsu
14.3.3 TDK
14.3.4 VAC
14.3.5 Zhong Ke San Huan
14.3.6 Yunsheng Company
14.3.7 Yantai Shougang Magnetic Materials
14.3.8 JL MAG
14.3.9 ZHmag
14.3.10 Advanced Technology and Materials
14.3.11 Innuovo Magnetics
14.3.12 Galaxy Magnetic
14.3.13 Zhongyuan Magnetic
14.3.14 Earth- Panda
14.3.15 Magsuper
