The global neodymium magnet market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of the global neodymium magnet market is driven by factors such as increasing demand for electric vehicles and increasing demand for wind turbines in emerging economies such as China and India.
The global neodymium magnet market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into bonding magnets and sintering magnets; on the basis of application, it has been segmented into electromagnetic field (electracoustic field), electronic appliances field (e-motors), mechanical equipment field (wind turbines); on the basis of region, it has been segmented into North America (NA), Latin America (LA), Europe (EU), Asia Pacific & Middle East & Africa (APMEA).
Some Of The Growth Factors Of This Market:
- The increasing use of neodymium magnets in wind turbines and electric vehicles will drive the demand for these products in the coming years.
- China has been one of the major consumers of neodymium magnets, accounting for more than 50% of global consumption in 2015.
- Neodymium magnet prices are expected to remain stable over the next few years due to increased production capacity and reduced demand from China as a result of its economic slowdown and environmental policies that discourage coal-fired power plants and other heavy industries that consume large quantities of these materials.
Industry Growth Insights published a new data on “Neodymium Magnet Market”. The research report is titled “Neodymium Magnet Market research by Types (Bonding, Sintering), By Applications (Electro-acoustic Field, Electronic Appliances Field, Mechanical Equipment Field, Others), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neodymium Magnet Market Research Report
By Type
Bonding, Sintering
By Application
Electro-acoustic Field, Electronic Appliances Field, Mechanical Equipment Field, Others
By Companies
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
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Neodymium Magnet Market Report Segments:
The global Neodymium Magnet market is segmented on the basis of:
Types
Bonding, Sintering
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, 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:
- 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
Highlights of The Neodymium 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
- Sintering
- By Application:
- Electro-acoustic Field
- Electronic Appliances Field
- Mechanical Equipment Field
- 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 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?
Neodymium magnets are a type of magnet that is made from neodymium, which is a rare earth metal. Neodymium magnets have a high strength and can be used in many different applications, including for technology such as hard drives and speakers.
Some of the major players in the neodymium magnet market are 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.
The neodymium magnet market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Neodymium 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 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 Magnet Market - Supply Chain
4.5. Global Neodymium Magnet Market Forecast
4.5.1. Neodymium Magnet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neodymium Magnet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Neodymium Magnet Market Absolute $ Opportunity
5. Global Neodymium 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 Magnet Market Size and Volume Forecast by Type
5.3.1. Bonding
5.3.2. Sintering
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Neodymium 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 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
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Neodymium 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 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 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 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 Magnet Demand Share Forecast, 2019-2026
9. North America Neodymium 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 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 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
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Neodymium Magnet Market Size and Volume Forecast by Type
9.7.1. Bonding
9.7.2. Sintering
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 Magnet Demand Share Forecast, 2019-2026
10. Latin America Neodymium 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 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 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
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Neodymium Magnet Market Size and Volume Forecast by Type
10.7.1. Bonding
10.7.2. Sintering
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 Magnet Demand Share Forecast, 2019-2026
11. Europe Neodymium 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 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 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
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Neodymium Magnet Market Size and Volume Forecast by Type
11.7.1. Bonding
11.7.2. Sintering
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. arket 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 Magnet Demand Share, 2019-2026
12. Asia Pacific Neodymium 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 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 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
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Neodymium Magnet Market Size and Volume Forecast by Type
12.7.1. Bonding
12.7.2. Sintering
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 Magnet Demand Share, 2019-2026
13. Middle East & Africa Neodymium 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 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 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
13.4.4. 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 Magnet Market Size and Volume Forecast by Type
13.7.1. Bonding
13.7.2. Sintering
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 Magnet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Neodymium Magnet Market: Market Share Analysis
14.2. Neodymium Magnet Distributors and Customers
14.3. Neodymium 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. R.Audemars SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NSSMC
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. Daido Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shin-Etsu Chemical
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. Ta Tong Magnet
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Galaxy Magnets
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ZhongKeSanHuan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ningbo Co-star
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DEMGC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Beijing Jingci Magnet
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Earth-Panda
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tianhe Magnets
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 Magnet
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
