The global Neodymium Magnet market was valued at US$ 7687.8 million in 2022 and is projected to reach US$ 11150 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Neodymium Magnet is 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 in 1982 by General Motors and Sumitomo Special Metals, neodymium magnets are the strongest type of permanent magnet commercially available.
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This report aims to provide a comprehensive presentation of the global market for Neodymium Magnet, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neodymium Magnet. This report contains market size and forecasts of Neodymium Magnet in global, including the following market information:
Global Neodymium Magnet Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Neodymium Magnet Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Neodymium Magnet companies in 2022 (%)
The major players in global Neodymium Magnet market include Beijing Zhong Ke San Huan Hi-Tech, Hitachi Metals Group, Shin-Etsu, etc. The top 3 players occupy about 20% shares of the global market. Asia-Pacific is the main market, and occupies about 80% of the global market. Sintered Neodymium Magnet is the main type, with a share about 90%. Automotive other than EV and Consumer Goods and Electronics are main applications, which hold a share about 50%.
We surveyed the Neodymium Magnet manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Neodymium Magnet Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Neodymium Magnet Market Segment Percentages, by Type, 2022 (%)
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Others
Global Neodymium Magnet Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Neodymium Magnet Market Segment Percentages, by Application, 2022 (%)
EV (Electric Vehicle)
Automotive other than EV
Air Conditioning
Aerospace and Defense
Wind Energy
Consumer Goods and Electronics
Industrial Machinery
Others
Global Neodymium Magnet Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Neodymium Magnet Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Neodymium Magnet revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Neodymium Magnet revenues share in global market, 2022 (%)
Key companies Neodymium Magnet sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Neodymium Magnet sales share in global market, 2022 (%)
key players include:
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
AT&M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Industry Limited
Earth- Panda
Magsuper
Daido Electronics
Tianhe Magnetics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Neodymium Magnet, market overview.
Chapter 2: Global Neodymium Magnet market size in revenue and volume.
Chapter 3: Detailed analysis of Neodymium Magnet manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Neodymium Magnet in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Neodymium Magnet capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Neodymium Magnet Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Neodymium Magnet Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Neodymium Magnet Overall Market Size 2.1 Global Neodymium Magnet Market Size: 2022 VS 2029 2.2 Global Neodymium Magnet Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Neodymium Magnet Sales: 2018-2029 3 Company Landscape 3.1 Top Neodymium Magnet Players in Global Market 3.2 Top Global Neodymium Magnet Companies Ranked by Revenue 3.3 Global Neodymium Magnet Revenue by Companies 3.4 Global Neodymium Magnet Sales by Companies 3.5 Global Neodymium Magnet Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Neodymium Magnet Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Neodymium Magnet Product Type 3.8 Tier 1, Tier 2 and Tier 3 Neodymium Magnet Players in Global Market 3.8.1 List of Global Tier 1 Neodymium Magnet Companies 3.8.2 List of Global Tier 2 and Tier 3 Neodymium Magnet Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Neodymium Magnet Market Size Markets, 2022 & 2029 4.
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