The global NdFeB magnet market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for NdFeB magnets in various applications such as in electric motors, generators, and transformers. The increasing demand for these magnets is due to their high magnetic properties such as high coercivity and low remanence which make them suitable for use in various applications. The global NdFeB magnet market has been segmented on the basis of type into bonding neodymium magnet and sintering neodymium magnet; on the basis of application into electromagnet field, electronic appliances field, mechanical equipment field; and by region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
- Increasing demand for electric vehicles.
- Increasing demand for wind turbines.
- Increasing demand for hybrid cars.
- Rising awareness about the benefits of NdFeB magnets in various industries.
- Growing need to reduce carbon footprint.
Industry Growth Insights published a new data on “NdFeB Magnet Market”. The research report is titled “NdFeB Magnet Market research by Types (Bonding Neodymium Magnet, Sintering Neodymium Magnet), By Applications (Electro-Acoustic Field, Electronic appliances Field, Mechanical equipment Field), By Players/Companies Neo, Ugimag, NSSMC, TDK, Daido Steel, Shin-Etsu Chemical, R.Audemars SA, Hitachi Metals, Tianhe Magnets, Ningbo Co-star Materials Hi-Tech, Zhong Ke San Huan, Ta Tong Magnet, Galaxy Magnets, DEMGC, BJMT, Earth-Panda, Guangzhou Golden South, JiangXi YingGuang, Ningbo Yunsheng”.
Scope Of The Report
Report Attributes
Report Details
Report Title
NdFeB Magnet Market Research Report
By Type
Bonding Neodymium Magnet, Sintering Neodymium Magnet
By Application
Electro-Acoustic Field, Electronic appliances Field, Mechanical equipment Field
By Companies
Neo, Ugimag, NSSMC, TDK, Daido Steel, Shin-Etsu Chemical, R.Audemars SA, Hitachi Metals, Tianhe Magnets, Ningbo Co-star Materials Hi-Tech, Zhong Ke San Huan, Ta Tong Magnet, Galaxy Magnets, DEMGC, BJMT, Earth-Panda, Guangzhou Golden South, JiangXi YingGuang, Ningbo Yunsheng
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global NdFeB Magnet Market Report Segments:
The global NdFeB Magnet market is segmented on the basis of:
Types
Bonding Neodymium Magnet, Sintering Neodymium Magnet
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 Field, Electronic appliances Field, Mechanical equipment Field
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:
- Neo
- Ugimag
- NSSMC
- TDK
- Daido Steel
- Shin-Etsu Chemical
- R.Audemars SA
- Hitachi Metals
- Tianhe Magnets
- Ningbo Co-star Materials Hi-Tech
- Zhong Ke San Huan
- Ta Tong Magnet
- Galaxy Magnets
- DEMGC
- BJMT
- Earth-Panda
- Guangzhou Golden South
- JiangXi YingGuang
- Ningbo Yunsheng
Highlights of The NdFeB Magnet 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:
- Bonding Neodymium Magnet
- Sintering Neodymium Magnet
- By Application:
- Electro-Acoustic Field
- Electronic appliances Field
- Mechanical equipment Field
- 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 NdFeB Magnet 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?
NdFeB magnets are a type of rare earth magnet. They are made from neodymium, iron, and boron. NdFeB magnets have a high coercivity (the ability to resist being pulled away from its magnetic field), which makes them useful in applications such as hard drives and electric motors.
Some of the major players in the ndfeb magnet market are Neo, Ugimag, NSSMC, TDK, Daido Steel, Shin-Etsu Chemical, R.Audemars SA, Hitachi Metals, Tianhe Magnets, Ningbo Co-star Materials Hi-Tech, Zhong Ke San Huan, Ta Tong Magnet, Galaxy Magnets, DEMGC, BJMT, Earth-Panda, Guangzhou Golden South, JiangXi YingGuang, Ningbo Yunsheng.
The ndfeb magnet market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NdFeB Magnet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. NdFeB Magnet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NdFeB Magnet Market - Supply Chain
4.5. Global NdFeB Magnet Market Forecast
4.5.1. NdFeB Magnet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NdFeB Magnet Market Size (000 Units) and Y-o-Y Growth
4.5.3. NdFeB Magnet Market Absolute $ Opportunity
5. Global NdFeB Magnet Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. NdFeB Magnet Market Size and Volume Forecast by Type
5.3.1. Bonding Neodymium Magnet
5.3.2. Sintering Neodymium Magnet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NdFeB Magnet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. NdFeB Magnet Market Size and Volume Forecast by Application
6.3.1. Electro-Acoustic Field
6.3.2. Electronic appliances Field
6.3.3. Mechanical equipment Field
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NdFeB Magnet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. NdFeB Magnet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global NdFeB Magnet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. NdFeB Magnet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global NdFeB Magnet Demand Share Forecast, 2019-2026
9. North America NdFeB Magnet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America NdFeB Magnet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America NdFeB Magnet Market Size and Volume Forecast by Application
9.4.1. Electro-Acoustic Field
9.4.2. Electronic appliances Field
9.4.3. Mechanical equipment Field
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America NdFeB Magnet Market Size and Volume Forecast by Type
9.7.1. Bonding Neodymium Magnet
9.7.2. Sintering Neodymium Magnet
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America NdFeB Magnet Demand Share Forecast, 2019-2026
10. Latin America NdFeB Magnet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America NdFeB Magnet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America NdFeB Magnet Market Size and Volume Forecast by Application
10.4.1. Electro-Acoustic Field
10.4.2. Electronic appliances Field
10.4.3. Mechanical equipment Field
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America NdFeB Magnet Market Size and Volume Forecast by Type
10.7.1. Bonding Neodymium Magnet
10.7.2. Sintering Neodymium Magnet
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America NdFeB Magnet Demand Share Forecast, 2019-2026
11. Europe NdFeB Magnet Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe NdFeB Magnet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe NdFeB Magnet Market Size and Volume Forecast by Application
11.4.1. Electro-Acoustic Field
11.4.2. Electronic appliances Field
11.4.3. Mechanical equipment Field
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe NdFeB Magnet Market Size and Volume Forecast by Type
11.7.1. Bonding Neodymium Magnet
11.7.2. Sintering Neodymium Magnet
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe NdFeB Magnet Demand Share, 2019-2026
12. Asia Pacific NdFeB Magnet Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific NdFeB Magnet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific NdFeB Magnet Market Size and Volume Forecast by Application
12.4.1. Electro-Acoustic Field
12.4.2. Electronic appliances Field
12.4.3. Mechanical equipment Field
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific NdFeB Magnet Market Size and Volume Forecast by Type
12.7.1. Bonding Neodymium Magnet
12.7.2. Sintering Neodymium Magnet
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific NdFeB Magnet Demand Share, 2019-2026
13. Middle East & Africa NdFeB Magnet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa NdFeB Magnet Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa NdFeB Magnet Market Size and Volume Forecast by Application
13.4.1. Electro-Acoustic Field
13.4.2. Electronic appliances Field
13.4.3. Mechanical equipment Field
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa NdFeB Magnet Market Size and Volume Forecast by Type
13.7.1. Bonding Neodymium Magnet
13.7.2. Sintering Neodymium Magnet
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa NdFeB Magnet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NdFeB Magnet Market: Market Share Analysis
14.2. NdFeB Magnet Distributors and Customers
14.3. NdFeB Magnet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Neo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ugimag
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NSSMC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TDK
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Daido Steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shin-Etsu Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. R.Audemars SA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hitachi Metals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tianhe Magnets
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ningbo Co-star Materials Hi-Tech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhong Ke San Huan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ta Tong Magnet
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Galaxy Magnets
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DEMGC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BJMT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Earth-Panda
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Guangzhou Golden South
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JiangXi YingGuang
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Ningbo Yunsheng
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook