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

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. They have replaced other types of magnets in the many applications in modern products that require strong permanent magnets, such as motors in cordless tools, hard disk drives and magnetic fasteners.
According to our (Global Info Research) latest study, the global NdFeB market size was valued at USD 6575 million in 2022 and is forecast to a readjusted size of USD 7963.7 million by 2029 with a CAGR of 2.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global NdFeB key players include Zhong Ke San Huan, Hitachi Metals, JL MAG, etc. Global top three manufacturers hold a share about 10%.
China is the largest market, with a share over 85%, followed by Japan, and Europe, both have a share about 10 percent. 
In terms of product, Sintered Nd-Fe-B Magnet is the largest segment, with a share over 85%. And in terms of application, the largest application is Computer, followed by Auto Industrial, Office Automation Equipment, Electronic Industrial, etc.
This report is a detailed and comprehensive analysis for global NdFeB 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 market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global NdFeB market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global NdFeB market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global NdFeB market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 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
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 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 Hitachi Metals, Shin-Etsu, TDK, VAC and Zhong Ke San Huan, 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 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
    Sintered Nd-Fe-B Magnet
    Bonded Nd-Fe-B Magnets
    Hot Pressed NdFeB Magnets
Market segment by Application
    Computer
    Electronic Industrial
    Office Automation Equipment
    Auto Industrial
    Other
Major players covered
    Hitachi Metals
    Shin-Etsu
    TDK
    VAC
    Zhong Ke San Huan
    Yunsheng Company
    YSM
    JL MAG
    ZHmag
    Jingci Material Science
    AT&M
    NBJJ
    Innuovo Magnetics
    SGM
    Galaxy Magnetic
    Zhongyuan Magnetic
    Earth- Panda
    Magsuper
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 product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of NdFeB, with price, sales, revenue and global market share of NdFeB from 2018 to 2023.
Chapter 3, the NdFeB competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the NdFeB 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 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.
Chapter 14 and 15, to describe NdFeB sales channel, distributors, customers, research findings and conclusion.