The global NdFeB Permanent Magnets market was valued at US$ 17494.14 million in 2022 and is anticipated to reach US$ 21575.06 million by 2029, witnessing a CAGR of 3.11% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In terms of classification, Sintered NdFeB magnet has a larger market size. Its market size was US$ 16347.98 million in 2022 and will reach US$ 20161.21 million in 2029, at a CAGR of 3.10% during 2022-2028.
In terms of application, the market size of NdFeB Permanent Magnet for Auto Industry is the largest, with a market size of US$ 6068.69 million in 2022, accounting for 34.69%. And it is expected that the market share will reach 45% by 2029.
At present, the main players in the market include Zhong Ke San Huan, Proterial(Hitachi Metals) and Zhenghai Magnetic, etc. The market share of the top 3 enterprises reached 22.02% in 2022, and it is expected that the market competition will further intensify after that.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for NdFeB Permanent Magnets, 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 NdFeB Permanent Magnets.
The NdFeB Permanent Magnets market size, estimations, and forecasts are provided in terms of output/shipments (Tonnes) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global NdFeB Permanent Magnets market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the NdFeB Permanent Magnets manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Segment by Type
- Bonded NdFeB
- Sintered NdFeB
Segment by Application
- Electric Motors
- Auto Industry
- Offshore Wind Turbines
- Consumer Electronics
- Other
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Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina, Colombia)
By Company
- P Zhong Ke San Huan
- Proterial(Hitachi Metals)
- Zhenghai Magnetic
- Jl Mag Rare-Earth
- Ningbo Yunsheng
- Yantai Dongxing Magnetic Materials
- Shin-Etsu
- TDK
- Innuovo Technology
- Tianhe Magnets
- AT&M
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of NdFeB Permanent Magnets manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of NdFeB Permanent Magnets by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of NdFeB Permanent Magnets 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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