Global “NdFeB Permanent Magnets (Neodymium-iron-boron) Market” 2024 report of |95 Pages| focuses on the research which provides a market analysis using various analytical techniques, including Porter’s Five Forces Analysis and PESTEL Analysis. These tools provide an in-depth analysis of the micro- and macro-environmental elements that influence the market’s expansion during the forecast period to drive revenue growth in the market.The objective is to substantially expand market share by 2033 through these initiatives, with revenue categorized by type ( Sintered NdFeB Magnet, Bonded NdFeB Magnet) and a projected market size by application ( Consumer electronics, Industrial Motor, Energy-Saving Appliances, Vehicle) .

Overview of the NdFeB Permanent Magnets (Neodymium-iron-boron) Market Report:

According to our latest study, the global NdFeB Permanent Magnets (Neodymium-iron-boron) market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR during review period.

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 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.

The report includes an overview of the development of the NdFeB Permanent Magnets (Neodymium-iron-boron) industry chain, the market status of Consumer electronics (Sintered NdFeB Magnet, Bonded NdFeB Magnet), Industrial Motor (Sintered NdFeB Magnet, Bonded NdFeB Magnet), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of NdFeB Permanent Magnets (Neodymium-iron-boron).

Regionally, the report analyzes the NdFeB Permanent Magnets (Neodymium-iron-boron) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global NdFeB Permanent Magnets (Neodymium-iron-boron) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Who is the Top global Manufacturer in the NdFeB Permanent Magnets (Neodymium-iron-boron) Market?

  • Hitachi Metals
  • MMC
  • Vacuumschmelze
  • TDK
  • Zhenfhai Magnetic
  • Ningbo Yunsheng
  • Tianhe Magnets
  • Shougang Magnetic Material
  • Jingci Magne

Some Major Highlights of NdFeB Permanent Magnets (Neodymium-iron-boron) Market Report 2024:-

  • Market Overview: A concise introduction to the NdFeB Permanent Magnets (Neodymium-iron-boron) market’s current state, highlighting its key characteristics and trends.
  • Market Size: Measurement of the NdFeB Permanent Magnets (Neodymium-iron-boron) market’s magnitude, quantifying its total value or volume, providing insights into its scale.
  • Market Share: Examination of the distribution of NdFeB Permanent Magnets (Neodymium-iron-boron) market influence among key players, illustrating their respective market positions.
  • Market Segmentation: The categorization of the market into distinct segments based on relevant criteria, facilitating targeted analysis and decision-making.
  • Revenue Analysis: In-depth assessment of income generation sources and trends within the NdFeB Permanent Magnets (Neodymium-iron-boron) market, offering insights into financial performance.
  • Regional Analysis: Evaluation of market variations and opportunities across different geographical regions, aiding in regional strategy development.
  • Growth Opportunities: Identification of potential areas for market expansion and development, highlighting avenues for future growth.
  • Leading Market Players: Recognition of the primary industry participants who significantly impact the market, showcasing their influence and relevance.
  • Market Scope: Definition of the market’s boundaries and extent, clarifying the range of products, services, or regions included in the analysis.

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NdFeB Permanent Magnets (Neodymium-iron-boron) Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2033. NdFeB Permanent Magnets (Neodymium-iron-boron) Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size report provides important information regarding the total valuation that this industry holds presently and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.This Report Focuses on the NdFeB Permanent Magnets (Neodymium-iron-boron) Market manufacturers, to study the sales, value, market share and development plans in the future. It is Define, describe and forecast the NdFeB Permanent Magnets (Neodymium-iron-boron) Market Growth by type, application, and region to Study the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. Know significant trends and factors driving or inhibiting the NdFeB Permanent Magnets (Neodymium-iron-boron) Market growth opportunities in the market for stakeholders by identifying the high growth segments. Strategically it examines each submarket with respect to individual growth trend and their contribution to the NdFeB Permanent Magnets (Neodymium-iron-boron) Market.

What are the major type and applications, of NdFeB Permanent Magnets (Neodymium-iron-boron)?

What are the types of NdFeB Permanent Magnets (Neodymium-iron-boron) available in the Market?

  • Sintered NdFeB Magnet
  • Bonded NdFeB Magnet

What are the factors driving applications of the NdFeB Permanent Magnets (Neodymium-iron-boron) Market?

  • Consumer electronics
  • Industrial Motor
  • Energy-Saving Appliances
  • Vehicle

The NdFeB Permanent Magnets (Neodymium-iron-boron) Market is expected to experience significant growth throughout the forecast period from 2021 to 2033. In 2021, the market was expanding steadily, and with the increasing implementation of strategies by major players, it is projected to continue its upward trajectory over the coming years.

Which regions are leading the NdFeB Permanent Magnets (Neodymium-iron-boron) Market?

North America (Covered in Chapter 6 and 13)

Europe (Covered in Chapter 7 and 13)

Asia-Pacific (Covered in Chapter 8 and 13)

Middle East and Africa (Covered in Chapter 9 and 13)

South America (Covered in Chapter 10 and 13)

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Key Characteristics:

The report offers an in-depth understanding of the NdFeB Permanent Magnets (Neodymium-iron-boron) market, delivering a comprehensive overview of the industry along with detailed insights into its various components and stakeholders. It examines market dynamics, trends, challenges, and opportunities within the NdFeB Permanent Magnets (Neodymium-iron-boron) sector.

Macro Perspectives of NdFeB Permanent Magnets (Neodymium-iron-boron) Market: –

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type.

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the NdFeB Permanent Magnets (Neodymium-iron-boron) market.

Regional Analysis: The report involves examining the NdFeB Permanent Magnets (Neodymium-iron-boron) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the NdFeB Permanent Magnets (Neodymium-iron-boron) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

Detailed TOC of Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Research Report, 2024-2033

1 Market Overview

1.1 Product Overview and Scope of NdFeB Permanent Magnets (Neodymium-iron-boron)

1.2 Market Estimation Caveats and Base Year

1.3 Market Analysis by Type

1.4 Market Analysis by Application

1.5 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size & Forecast

2 Manufacturers Profiles

3 Competitive Environment: NdFeB Permanent Magnets (Neodymium-iron-boron) by Manufacturer

3.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Manufacturer (2019-2024)

3.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Revenue by Manufacturer (2019-2024)

3.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Average Price by Manufacturer (2019-2024)

3.4 Market Share Analysis (2023)

3.5 NdFeB Permanent Magnets (Neodymium-iron-boron) Market: Overall Company Footprint Analysis

3.6 New Market Entrants and Barriers to Market Entry

3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Region

4.2 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value (2019-2033)

4.3 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value (2019-2033)

4.4 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value (2019-2033)

4.5 South America NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value (2019-2033)

4.6 Middle East and Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value (2019-2033)

5 Market Segment by Type

5.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Type (2019-2033)

5.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value by Type (2019-2033)

5.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Average Price by Type (2019-2033)

6 Market Segment by Application

6.1 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Application (2019-2033)

6.2 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Consumption Value by Application (2019-2033)

6.3 Global NdFeB Permanent Magnets (Neodymium-iron-boron) Average Price by Application (2019-2033)

7 North America

7.1 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Type (2019-2033)

7.2 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Application (2019-2033)

7.3 North America NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Country

8 Europe

8.1 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Type (2019-2033)

8.2 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Application (2019-2033)

8.3 Europe NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Country

9 Asia-Pacific

9.1 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Type (2019-2033)

9.2 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Application (2019-2033)

9.3 Asia-Pacific NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Region

10 South America

10.1 South America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Type (2019-2033)

10.2 South America NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Application (2019-2033)

10.3 South America NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Country

11 Middle East & Africa

11.1 Middle East & Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Type (2019-2033)

11.2 Middle East & Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Sales Quantity by Application (2019-2033)

11.3 Middle East & Africa NdFeB Permanent Magnets (Neodymium-iron-boron) Market Size by Country

12 Market Dynamics

12.1 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Drivers

12.2 NdFeB Permanent Magnets (Neodymium-iron-boron) Market Restraints

12.3 NdFeB Permanent Magnets (Neodymium-iron-boron) Trends Analysis

12.4 Porters Five Forces Analysis

12.4.1 Threat of New Entrants

12.4.2 Bargaining Power of Suppliers

12.4.3 Bargaining Power of Buyers

12.4.4 Threat of Substitutes

12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of NdFeB Permanent Magnets (Neodymium-iron-boron) and Key Manufacturers

13.2 Manufacturing Costs Percentage of NdFeB Permanent Magnets (Neodymium-iron-boron)

13.3 NdFeB Permanent Magnets (Neodymium-iron-boron) Production Process

13.4 NdFeB Permanent Magnets (Neodymium-iron-boron) Industrial Chain

14 Shipments by Distribution Channel

14.1 Sales Channel

14.1.1 Direct to End-User

14.1.2 Distributors

14.2 NdFeB Permanent Magnets (Neodymium-iron-boron) Typical Distributors

14.3 NdFeB Permanent Magnets (Neodymium-iron-boron) Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology

16.2 Research Process and Data Source

16.3 Disclaimer

Continued

Detailed Approach to NdFeB Permanent Magnets (Neodymium-iron-boron): –

Company Analysis: Report covers individual NdFeB Permanent Magnets (Neodymium-iron-boron) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards NdFeB Permanent Magnets (Neodymium-iron-boron) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application.

Technology Analysis: Report covers specific technologies relevant to NdFeB Permanent Magnets (Neodymium-iron-boron). It assesses the current state, advancements, and potential future developments in NdFeB Permanent Magnets (Neodymium-iron-boron) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the NdFeB Permanent Magnets (Neodymium-iron-boron) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

NdFeB Permanent Magnets (Neodymium-iron-boron) market is split by Type and by Application. For the period 2019-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

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