Global NdFeB Permanent Magnets Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global NdFeB Permanent Magnets Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global NdFeB Permanent Magnets market size was valued at USD 18000 million in 2022 and is forecast to a readjusted size of USD 22100 million by 2029 with a CAGR of 3.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global 5 largest manufacturers of NdFeB Permanent Magnets are Zhong Ke San Huan, Proterial (Hitachi Metals), Zhenghai Magnetic, Jl Mag Rare-Earth and NingboYunsheng, which make up nearly 34%. Among them. Zhong Ke San Huan dominates with nearly 9% production value share, followed by Proterial (Hitachi Metals) (8%) and Zhenghai Magnetic (6%). Top manufacturers are based in Europe, Japan and China.

China is the largest market, holding a share over 85%, followed by Japan and Europe, with shares 9% and 1% separately.

There are two types of NdFeB Permanent Magnets, including bonded NdFeB Permanent Magnets and sintered NdFeB Permanent Magnets. The leading type is sintered NdFeB Permanent Magnets, with a market share over 90%.

In terms of application, NdFeB Permanent Magnets is mainly used in Electric Motors, Auto Industry, Offshore Wind Turbines and Consumer Electronics. Auto Industry is the largest segment, accounting for nearly 35%.

NdFeB magnet (also known as Neodymium magnets) is a permanent rare earth magnet formed from an alloy of Neodymium, Iron, and Boron (hence Nd-Fe-B). NdFeB magnets are the strongest, most commonly used rare earth magnets in the world. They provide unparalleled levels of magnetism and resistance to demagnetization when compared to ceramic, alnico, and even samarium-cobalt magnets.

This report is a detailed and comprehensive analysis for global NdFeB Permanent Magnets market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global NdFeB Permanent Magnets market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global NdFeB Permanent Magnets market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global NdFeB Permanent Magnets market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global NdFeB Permanent Magnets market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for NdFeB Permanent Magnets

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global NdFeB Permanent Magnets market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proterial, Ltd, Vacuumschmelze, Zhong Ke San Huan, TDK and Zhenghai Magnetic, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

NdFeB Permanent Magnets market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Bonded NdFeB
Sintered NdFeB

Market segment by Application
Electric Motors
Auto Industry
Offshore Wind Turbines
Consumer Electronics
Others

Major players covered
Proterial, Ltd
Vacuumschmelze
Zhong Ke San Huan
TDK
Zhenghai Magnetic
Ningbo Yunsheng
Tianhe Magnets
Yantai Dongxing Magnetic Materials
Jingci Magnet
AT&M
Jl Mag Rare-Earth
Earth-Panda
Innuovo Technology
Shin-Etsu
Galaxy Magnets
Jintian Copper

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe NdFeB Permanent Magnets product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of NdFeB Permanent Magnets, with price, sales, revenue and global market share of NdFeB Permanent Magnets from 2018 to 2023.

Chapter 3, the NdFeB Permanent Magnets competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the NdFeB Permanent Magnets breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and NdFeB Permanent Magnets market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of NdFeB Permanent Magnets.

Chapter 14 and 15, to describe NdFeB Permanent Magnets sales channel, distributors, customers, research findings and conclusion.