Market Overview:
The global neodymium market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for permanent magnets, catalysts, electric capacitors, laser crystals and neodymium glasses across various applications. Additionally, rising awareness about the benefits of using neodymium in various end-use industries is also propelling the growth of this market. However, volatility in prices of rare earth metals may restrain the growth of this market to some extent during the forecast period. On basis on type, metal segment dominated global neodymium market with highest share in 2017 and is projected to maintain its dominance throughout forecast period due to its widespread use in manufacturing permanent magnets which are extensively used across several industries such as automotive & transportation and consumer electronics among others.
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Product Definition:
A rare earth metal, neodymium is a silver-white lustrous metal that is soft enough to be cut with a knife. It is the strongest permanent magnet known.
Neodymium Metal:
Neodymium is a chemical element produced by the radioactive decay of nuclear isotopes of yttrium and samarium. The most common sources of neodymium are monazite and bastnaesite. Monazite is the primary source for industrial usage while bastnaesite is used in mineral specimens, gemstones, etc.
Neodymium Nitrate:
Neodymium (Nd) is a chemical element, which is a rare metal with color code: YellOW. It has the highest melting point of any metal and it’s used in various applications such as glass, ceramics, engineering materials and nuclear industries. The demand for neodymium has increased over the past few years on account of its increasing application in electronic products such as smartphones & tablets along with other consumer electronics.
Application Insights:
Neodymium magnets are used in a variety of applications including permanent magnets, catalysts, electric capacitors, laser crystal and glasses. The permanent magnet segment dominated the global market in terms of revenue share in 2016 and is expected to witness significant growth over the forecast period. Neodymium-based permanent magnets are widely utilized for their strong neodymium magnetism properties such as high field strength, high saturation flux density and excellent demagnetization resistance among others which make them suitable for various automotive applications such as headlamps, exterior trim pieces & handles as well as interior components.
Regional Analysis:
Asia Pacific dominated the global neodymium market in 2016 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Nippon Electric Glass Co., Ltd.; Corning Incorporated; and Sumitomo Chemical has resulted in high product availability across this region. Moreover, growing demand for electric vehicles coupled with rising manufacturing activities in developing economies including China, India, Thailand and Indonesia is likely to have a positive impact on industry growth over the next eight years.
The European market was valued at USD X million in 2016 owing to increasing R&D investments by major technology companies pertaining to neodymium-based permanent magnets used for loudspeakers or headphones among others applications. In addition, growing production of electric vehicles along with technological advancements pertaining magnetism properties used in motors will also drive industry expansion over the coming years.
Growth Factors:
- Increasing demand from the automotive and electronics industries
- Growing popularity of electric vehicles
- Rising demand for renewable energy sources
- Rapid expansion of the global middle class population
- Technological advancements in Nd-based products
Scope Of The Report
Report Attributes
Report Details
Report Title
Neodymium (Nd) Market Research Report
By Type
Neodymium Metal, Neodymium Nitrate, Neodymium Oxide, Others
By Application
Permanent Magnets, Catalysts, Electric Capacitors, Laser Crystal, Neodymium Glasses, Others
By Companies
Lynas Corporation, Arafura Resources, Metall Rare Earth Limited, Hefa Rare Earth Canada, Pensana Metals, Ganzhou Qiandong Rare Earths Group, Alkane Resources, Infinium Metals
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Neodymium (Nd) Market Report Segments:
The global Neodymium (Nd) market is segmented on the basis of:
Types
Neodymium Metal, Neodymium Nitrate, Neodymium Oxide, 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
Permanent Magnets, Catalysts, Electric Capacitors, Laser Crystal, Neodymium Glasses, 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:
- Lynas Corporation
- Arafura Resources
- Metall Rare Earth Limited
- Hefa Rare Earth Canada
- Pensana Metals
- Ganzhou Qiandong Rare Earths Group
- Alkane Resources
- Infinium Metals
 Market Overview.svg)
Highlights of The Neodymium (Nd) 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:
- Neodymium Metal
- Neodymium Nitrate
- Neodymium Oxide
- Others
- By Application:
- Permanent Magnets
- Catalysts
- Electric Capacitors
- Laser Crystal
- Neodymium Glasses
- 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 Neodymium (Nd) 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
 Market Statistics.svg)
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?
Neodymium is a rare earth element that has many industrial and technological applications. It is used in magnets, bearings, and other components of electronics.
Some of the major companies in the neodymium (nd) market are Lynas Corporation, Arafura Resources, Metall Rare Earth Limited, Hefa Rare Earth Canada, Pensana Metals, Ganzhou Qiandong Rare Earths Group, Alkane Resources, Infinium Metals.
The neodymium (nd) 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 Neodymium (Nd) 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 Neodymium (Nd) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neodymium (Nd) 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 Neodymium (Nd) 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 Neodymium (Nd) Market Size & Forecast, 2018-2028
4.5.1 Neodymium (Nd) Market Size and Y-o-Y Growth
4.5.2 Neodymium (Nd) Market Absolute $ Opportunity
Chapter 5 Global Neodymium (Nd) 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 Neodymium (Nd) Market Size Forecast by Type
5.2.1 Neodymium Metal
5.2.2 Neodymium Nitrate
5.2.3 Neodymium Oxide
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neodymium (Nd) 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 Neodymium (Nd) Market Size Forecast by Applications
6.2.1 Permanent Magnets
6.2.2 Catalysts
6.2.3 Electric Capacitors
6.2.4 Laser Crystal
6.2.5 Neodymium Glasses
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neodymium (Nd) 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 Neodymium (Nd) 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 Neodymium (Nd) Analysis and Forecast
9.1 Introduction
9.2 North America Neodymium (Nd) 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 Neodymium (Nd) Market Size Forecast by Type
9.6.1 Neodymium Metal
9.6.2 Neodymium Nitrate
9.6.3 Neodymium Oxide
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 Neodymium (Nd) Market Size Forecast by Applications
9.10.1 Permanent Magnets
9.10.2 Catalysts
9.10.3 Electric Capacitors
9.10.4 Laser Crystal
9.10.5 Neodymium Glasses
9.10.6 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 Neodymium (Nd) Analysis and Forecast
10.1 Introduction
10.2 Europe Neodymium (Nd) 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 Neodymium (Nd) Market Size Forecast by Type
10.6.1 Neodymium Metal
10.6.2 Neodymium Nitrate
10.6.3 Neodymium Oxide
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 Neodymium (Nd) Market Size Forecast by Applications
10.10.1 Permanent Magnets
10.10.2 Catalysts
10.10.3 Electric Capacitors
10.10.4 Laser Crystal
10.10.5 Neodymium Glasses
10.10.6 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 Neodymium (Nd) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neodymium (Nd) 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 Neodymium (Nd) Market Size Forecast by Type
11.6.1 Neodymium Metal
11.6.2 Neodymium Nitrate
11.6.3 Neodymium Oxide
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 Neodymium (Nd) Market Size Forecast by Applications
11.10.1 Permanent Magnets
11.10.2 Catalysts
11.10.3 Electric Capacitors
11.10.4 Laser Crystal
11.10.5 Neodymium Glasses
11.10.6 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 Neodymium (Nd) Analysis and Forecast
12.1 Introduction
12.2 Latin America Neodymium (Nd) 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 Neodymium (Nd) Market Size Forecast by Type
12.6.1 Neodymium Metal
12.6.2 Neodymium Nitrate
12.6.3 Neodymium Oxide
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 Neodymium (Nd) Market Size Forecast by Applications
12.10.1 Permanent Magnets
12.10.2 Catalysts
12.10.3 Electric Capacitors
12.10.4 Laser Crystal
12.10.5 Neodymium Glasses
12.10.6 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) Neodymium (Nd) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neodymium (Nd) 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) Neodymium (Nd) Market Size Forecast by Type
13.6.1 Neodymium Metal
13.6.2 Neodymium Nitrate
13.6.3 Neodymium Oxide
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) Neodymium (Nd) Market Size Forecast by Applications
13.10.1 Permanent Magnets
13.10.2 Catalysts
13.10.3 Electric Capacitors
13.10.4 Laser Crystal
13.10.5 Neodymium Glasses
13.10.6 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 Neodymium (Nd) Market: Competitive Dashboard
14.2 Global Neodymium (Nd) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lynas Corporation
14.3.2 Arafura Resources
14.3.3 Metall Rare Earth Limited
14.3.4 Hefa Rare Earth Canada
14.3.5 Pensana Metals
14.3.6 Ganzhou Qiandong Rare Earths Group
14.3.7 Alkane Resources
14.3.8 Infinium Metals
