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NdFeB Permanent Magnets (Neodymium-iron-boron)-Global Market Insights and Sales Trends 2024

NdFeB Permanent Magnets (Neodymium-iron-boron)-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1855247

No of Pages : 92

Synopsis
A neodymium magnet (also known as NdFeB, NIB or Neo magnet), the most widely used type of rare-earth magnet, is a permanent magnet made from an alloy of neodymium, iron and boron to form the Nd2Fe14B tetragonal crystalline structure. Developed independently in 1982 by General Motors and Sumitomo Special Metals, neodymium magnets are the strongest type of permanent magnet commercially available. They have replaced other types of magnets in many applications in modern products that require strong permanent magnets, such as motors in cordless tools, hard disk drives and magnetic fasteners.
The global NdFeB Permanent Magnets (Neodymium-iron-boron) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of NdFeB Permanent Magnets (Neodymium-iron-boron) in various end use industries. The expanding demands from the Consumer electronics, Industrial Motor, Energy-Saving Appliances and Vehicle, are propelling NdFeB Permanent Magnets (Neodymium-iron-boron) market. Sintered NdFeB Magnet, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bonded NdFeB Magnet segment is estimated at % CAGR for the next seven-year period.
The growing demand for high magnetic strength and miniaturization of equipment in existing and emerging applications is majorly driving the global market for NdFeB magnets. The government initiatives to stimulate the use of green technologies so as to decrease the greenhouse gas emissions is expected to drive the growth of the global NdFeB magnet market. The high cost, low Curie temperature and propensity to undergo oxidation represent the major constraints to the applications of NdFeB magnets. Asia Pacific is expected to maintain its position over the forecast period. South America’s market is predicted to experience high growth and is projected to grow at a high CAGR during the forecast period. The market in Asia Pacific is growing at a fast pace on account of increasing demand from end user industries, particularly in countries such as China and Japan. The market in Europe increased slowly.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for NdFeB Permanent Magnets (Neodymium-iron-boron), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global NdFeB Permanent Magnets (Neodymium-iron-boron) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global NdFeB Permanent Magnets (Neodymium-iron-boron) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NdFeB Permanent Magnets (Neodymium-iron-boron) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of NdFeB Permanent Magnets (Neodymium-iron-boron) covered in this report include Hitachi Metals, MMC, Vacuumschmelze, TDK, Zhenfhai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material and Jingci Magne, etc.
The global NdFeB Permanent Magnets (Neodymium-iron-boron) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hitachi Metals
MMC
Vacuumschmelze
TDK
Zhenfhai Magnetic
Ningbo Yunsheng
Tianhe Magnets
Shougang Magnetic Material
Jingci Magne
Global NdFeB Permanent Magnets (Neodymium-iron-boron) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global NdFeB Permanent Magnets (Neodymium-iron-boron) market, Segment by Type:
Sintered NdFeB Magnet
Bonded NdFeB Magnet
Global NdFeB Permanent Magnets (Neodymium-iron-boron) market, by Application
Consumer electronics
Industrial Motor
Energy-Saving Appliances
Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of NdFeB Permanent Magnets (Neodymium-iron-boron) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of NdFeB Permanent Magnets (Neodymium-iron-boron) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Overview
1.1 NdFeB Permanent Magnets (Neodymium-iron-boron) Product Overview
1.2 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Segment by Type
1.2.1 Sintered NdFeB Magnet
1.2.2 Bonded NdFeB Magnet
1.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Type
1.3.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Overview by Type (2018-2029)
1.3.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size Review by Type (2018-2023)
1.3.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Type (2018-2023)
1.4.2 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Type (2018-2023)
2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Competition by Company
2.1 Global Top Players by NdFeB Permanent Magnets (Neodymium-iron-boron) Sales (2018-2023)
2.2 Global Top Players by NdFeB Permanent Magnets (Neodymium-iron-boron) Revenue (2018-2023)
2.3 Global Top Players by NdFeB Permanent Magnets (Neodymium-iron-boron) Price (2018-2023)
2.4 Global Top Manufacturers NdFeB Permanent Magnets (Neodymium-iron-boron) Manufacturing Base Distribution, Sales Area, Product Type
2.5 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Competitive Situation and Trends
2.5.1 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by NdFeB Permanent Magnets (Neodymium-iron-boron) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in NdFeB Permanent Magnets (Neodymium-iron-boron) as of 2022)
2.7 Date of Key Manufacturers Enter into NdFeB Permanent Magnets (Neodymium-iron-boron) Market
2.8 Key Manufacturers NdFeB Permanent Magnets (Neodymium-iron-boron) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 NdFeB Permanent Magnets (Neodymium-iron-boron) Status and Outlook by Region
3.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size by Region
3.2.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Region (2018-2023)
3.2.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Region (2018-2023)
3.2.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Region
3.3.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Region (2024-2029)
3.3.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Region (2024-2029)
3.3.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global NdFeB Permanent Magnets (Neodymium-iron-boron) by Application
4.1 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Segment by Application
4.1.1 Consumer electronics
4.1.2 Industrial Motor
4.1.3 Energy-Saving Appliances
4.1.4 Vehicle
4.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Application
4.2.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Overview by Application (2018-2029)
4.2.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size Review by Application (2018-2023)
4.2.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Application (2018-2023)
4.3.2 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Breakdown by Application (2018-2023)
5 North America NdFeB Permanent Magnets (Neodymium-iron-boron) by Country
5.1 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size by Country
5.1.1 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2018-2023)
5.1.3 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2018-2023)
5.2 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Country
5.2.1 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2024-2029)
5.2.2 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2024-2029)
6 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) by Country
6.1 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size by Country
6.1.1 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2018-2023)
6.1.3 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2018-2023)
6.2 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Country
6.2.1 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2024-2029)
6.2.2 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2024-2029)
7 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) by Region
7.1 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size by Region
7.1.1 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Region
7.2.1 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Region (2024-2029)
8 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) by Country
8.1 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size by Country
8.1.1 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2018-2023)
8.1.3 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2018-2023)
8.2 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Country
8.2.1 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2024-2029)
8.2.2 Latin America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2024-2029)
9 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) by Country
9.1 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Historic Market Size by Country
9.1.1 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Forecasted Market Size by Country
9.2.1 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Hitachi Metals
10.1.1 Hitachi Metals Company Information
10.1.2 Hitachi Metals Introduction and Business Overview
10.1.3 Hitachi Metals NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hitachi Metals NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.1.5 Hitachi Metals Recent Development
10.2 MMC
10.2.1 MMC Company Information
10.2.2 MMC Introduction and Business Overview
10.2.3 MMC NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MMC NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.2.5 MMC Recent Development
10.3 Vacuumschmelze
10.3.1 Vacuumschmelze Company Information
10.3.2 Vacuumschmelze Introduction and Business Overview
10.3.3 Vacuumschmelze NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Vacuumschmelze NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.3.5 Vacuumschmelze Recent Development
10.4 TDK
10.4.1 TDK Company Information
10.4.2 TDK Introduction and Business Overview
10.4.3 TDK NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 TDK NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.4.5 TDK Recent Development
10.5 Zhenfhai Magnetic
10.5.1 Zhenfhai Magnetic Company Information
10.5.2 Zhenfhai Magnetic Introduction and Business Overview
10.5.3 Zhenfhai Magnetic NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Zhenfhai Magnetic NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.5.5 Zhenfhai Magnetic Recent Development
10.6 Ningbo Yunsheng
10.6.1 Ningbo Yunsheng Company Information
10.6.2 Ningbo Yunsheng Introduction and Business Overview
10.6.3 Ningbo Yunsheng NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ningbo Yunsheng NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.6.5 Ningbo Yunsheng Recent Development
10.7 Tianhe Magnets
10.7.1 Tianhe Magnets Company Information
10.7.2 Tianhe Magnets Introduction and Business Overview
10.7.3 Tianhe Magnets NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Tianhe Magnets NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.7.5 Tianhe Magnets Recent Development
10.8 Shougang Magnetic Material
10.8.1 Shougang Magnetic Material Company Information
10.8.2 Shougang Magnetic Material Introduction and Business Overview
10.8.3 Shougang Magnetic Material NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Shougang Magnetic Material NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.8.5 Shougang Magnetic Material Recent Development
10.9 Jingci Magne
10.9.1 Jingci Magne Company Information
10.9.2 Jingci Magne Introduction and Business Overview
10.9.3 Jingci Magne NdFeB Permanent Magnets (Neodymium-iron-boron) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Jingci Magne NdFeB Permanent Magnets (Neodymium-iron-boron) Products Offered
10.9.5 Jingci Magne Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 NdFeB Permanent Magnets (Neodymium-iron-boron) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 NdFeB Permanent Magnets (Neodymium-iron-boron) Industrial Chain Analysis
11.4 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Dynamics
11.4.1 NdFeB Permanent Magnets (Neodymium-iron-boron) Industry Trends
11.4.2 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Drivers
11.4.3 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Challenges
11.4.4 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 NdFeB Permanent Magnets (Neodymium-iron-boron) Distributors
12.3 NdFeB Permanent Magnets (Neodymium-iron-boron) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

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