Global Neodymium-Iron-Boron Magnet Market Growth 2025-2031
The global Neodymium-Iron-Boron Magnet market size is predicted to grow from US$ 1312 million in 2025 to US$ 1851 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.
United States market for Neodymium-Iron-Boron Magnet is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Neodymium-Iron-Boron Magnet is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Neodymium-Iron-Boron Magnet is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Neodymium-Iron-Boron Magnet players cover Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan High-Tech Co.,Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Neodymium-Iron-Boron Magnet Industry Forecast” looks at past sales and reviews total world Neodymium-Iron-Boron Magnet sales in 2024, providing a comprehensive analysis by region and market sector of projected Neodymium-Iron-Boron Magnet sales for 2025 through 2031. With Neodymium-Iron-Boron Magnet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Neodymium-Iron-Boron Magnet industry.
This Insight Report provides a comprehensive analysis of the global Neodymium-Iron-Boron Magnet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Neodymium-Iron-Boron Magnet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Neodymium-Iron-Boron Magnet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Neodymium-Iron-Boron Magnet and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Neodymium-Iron-Boron Magnet.
This report presents a comprehensive overview, market shares, and growth opportunities of Neodymium-Iron-Boron Magnet market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Bar Magnets
U Shape Magnet
Others
Segmentation by Application:
Automotive
Electronics
Power Generators
Medical Industry
Wind Power
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan High-Tech Co.,Ltd.
Ningbo Yunsheng Co.,Ltd.
YSM
JL MAG
ZHmag
Jing Ci Material Science Co., Ltd.
AT&M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Material Co., Ltd
Earth- Panda
Magsuper
Daido Electronics
Baotou Tianhe Magnetics Technology Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Neodymium-Iron-Boron Magnet market?
What factors are driving Neodymium-Iron-Boron Magnet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Neodymium-Iron-Boron Magnet market opportunities vary by end market size?
How does Neodymium-Iron-Boron Magnet break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.