The global neodymiuiroboron permanent magnet market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030 from USD 890 million in 2018. The growth of the market can be attributed to the increasing demand for neodymiuiroboron permanent magnets in various applications such as consumer electronics, industrial motor, energy-saving appliances and vehicles. The global neodymiuiroboron permanent magnet market is segmented on the basis of type into sintered NdFeB magnet and bonded NdFeB magnet; on the basis of application into consumer electronics, industrial motor, energy-saving appliances and vehicles; and on the basis of region into North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA). The sintered NdFeB magnets are used in various applications such as consumer electronics due to their high magnetic properties which make them suitable for use in devices such as smartphones or tablets. Bonded NdFeB magnets are used in industrial motors due to their high coercivity which makes them suitable for use with heavy loads or when there is a need for high starting torque.
- The increasing demand for electric vehicles and wind turbines will drive the growth of neodymium-iron-boron permanent magnet market in the near future.
- China has been one of the largest producers and consumers of neodymium-iron-boron permanent magnets, accounting for more than 50% share in both production and consumption in 2015.
- The price fluctuations have been a major factor affecting the growth rate of this market as it has an impact on both supply and demand side factors such as raw material prices, manufacturing costs, etc, which are all dependent on each other to some extent or another; hence any change in one factor can affect all other factors too leading to changes in their respective rates too.
- Increasing awareness about environmental issues will also be driving this market.
Industry Growth Insights published a new data on “Neodymium-iron-boron Permanent Magnet Market”. The research report is titled “Neodymium-iron-boron Permanent Magnet Market research by Types (Sintered NdFeB Magnet, Bonded NdFeB Magnet, Others), By Applications (Consumer Electronics, Industrial Motor, Energy-saving Appliances, Vehicle, Others), By Players/Companies Hitachi Metals, MMC, Vacuumschmelze, Zhong Ke San Huan, TDK, Zhenghai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magnet”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neodymium-iron-boron Permanent Magnet Market Research Report
By Type
Sintered NdFeB Magnet, Bonded NdFeB Magnet, Others
By Application
Consumer Electronics, Industrial Motor, Energy-saving Appliances, Vehicle, Others
By Companies
Hitachi Metals, MMC, Vacuumschmelze, Zhong Ke San Huan, TDK, Zhenghai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magnet
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Neodymium-iron-boron Permanent Magnet Market Report Segments:
The global Neodymium-iron-boron Permanent Magnet market is segmented on the basis of:
Types
Sintered NdFeB Magnet, Bonded NdFeB Magnet, 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
Consumer Electronics, Industrial Motor, Energy-saving Appliances, Vehicle, 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
- MMC
- Vacuumschmelze
- Zhong Ke San Huan
- TDK
- Zhenghai Magnetic
- Ningbo Yunsheng
- Tianhe Magnets
- Shougang Magnetic Material
- Jingci Magnet
Highlights of The Neodymium-iron-boron Permanent 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:
- Sintered NdFeB Magnet
- Bonded NdFeB Magnet
- Others
- By Application:
- Consumer Electronics
- Industrial Motor
- Energy-saving Appliances
- Vehicle
- 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-iron-boron Permanent 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.
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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?
A Neodymium-iron-boron Permanent Magnet is a magnet made of neodymium, iron and boron. These magnets are strong and can hold a lot of weight. They are also resistant to corrosion, making them ideal for use in applications where water or other liquids could be harmful.
Some of the key players operating in the neodymium-iron-boron permanent magnet market are Hitachi Metals, MMC, Vacuumschmelze, Zhong Ke San Huan, TDK, Zhenghai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magnet.
The neodymium-iron-boron permanent magnet market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Neodymium-iron-boron Permanent 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. Neodymium-iron-boron Permanent Magnet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Neodymium-iron-boron Permanent Magnet Market - Supply Chain
4.5. Global Neodymium-iron-boron Permanent Magnet Market Forecast
4.5.1. Neodymium-iron-boron Permanent Magnet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neodymium-iron-boron Permanent Magnet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Neodymium-iron-boron Permanent Magnet Market Absolute $ Opportunity
5. Global Neodymium-iron-boron Permanent 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. Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Type
5.3.1. Sintered NdFeB Magnet
5.3.2. Bonded NdFeB Magnet
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Neodymium-iron-boron Permanent 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. Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Industrial Motor
6.3.3. Energy-saving Appliances
6.3.4. Vehicle
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Neodymium-iron-boron Permanent 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. Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent 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. Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent Magnet Demand Share Forecast, 2019-2026
9. North America Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Industrial Motor
9.4.3. Energy-saving Appliances
9.4.4. Vehicle
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Type
9.7.1. Sintered NdFeB Magnet
9.7.2. Bonded NdFeB Magnet
9.7.3. Others
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 Neodymium-iron-boron Permanent Magnet Demand Share Forecast, 2019-2026
10. Latin America Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Industrial Motor
10.4.3. Energy-saving Appliances
10.4.4. Vehicle
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Type
10.7.1. Sintered NdFeB Magnet
10.7.2. Bonded NdFeB Magnet
10.7.3. Others
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 Neodymium-iron-boron Permanent Magnet Demand Share Forecast, 2019-2026
11. Europe Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Industrial Motor
11.4.3. Energy-saving Appliances
11.4.4. Vehicle
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Type
11.7.1. Sintered NdFeB Magnet
11.7.2. Bonded NdFeB Magnet
11.7.3. Others
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 Neodymium-iron-boron Permanent Magnet Demand Share, 2019-2026
12. Asia Pacific Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Industrial Motor
12.4.3. Energy-saving Appliances
12.4.4. Vehicle
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Type
12.7.1. Sintered NdFeB Magnet
12.7.2. Bonded NdFeB Magnet
12.7.3. Others
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 Neodymium-iron-boron Permanent Magnet Demand Share, 2019-2026
13. Middle East & Africa Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent 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 Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Industrial Motor
13.4.3. Energy-saving Appliances
13.4.4. Vehicle
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Neodymium-iron-boron Permanent Magnet Market Size and Volume Forecast by Type
13.7.1. Sintered NdFeB Magnet
13.7.2. Bonded NdFeB Magnet
13.7.3. Others
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 Neodymium-iron-boron Permanent Magnet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Neodymium-iron-boron Permanent Magnet Market: Market Share Analysis
14.2. Neodymium-iron-boron Permanent Magnet Distributors and Customers
14.3. Neodymium-iron-boron Permanent Magnet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hitachi Metals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MMC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vacuumschmelze
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhong Ke San Huan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TDK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhenghai Magnetic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ningbo Yunsheng
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tianhe Magnets
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shougang Magnetic Material
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jingci Magnet
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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