Global CeFeB Magnet Market Growth 2026-2032
Description
The global CeFeB Magnet market size is predicted to grow from US$ 561 million in 2025 to US$ 984 million in 2032; it is expected to grow at a CAGR of 8.8% from 2026 to 2032.
CeFeB magnet is a rare-earth permanent magnet in which cerium (Ce) partially substitutes neodymium or praseodymium in the NdFeB magnet system. By incorporating abundant and low-cost cerium, CeFeB magnets aim to reduce material costs while maintaining acceptable magnetic performance. They can be manufactured through sintering, bonding, or hot-deformation processes. Although their magnetic properties are generally lower than those of conventional high-end NdFeB magnets, CeFeB magnets offer a favorable balance between cost and performance, making them suitable for motors, household appliances, consumer electronics, and other cost-sensitive industrial applications.
In 2025, global production of CeFeB magnets reached 34,100 tons, with an average selling price of US$16.8 per kilogram. Typical single-line production capacity is approximately 1,000-5,000 tons, and the industry's gross profit margin is approximately 15%-25%. Cost structure: direct materials account for approximately 78%, manufacturing costs account for approximately 17%, and labor costs account for approximately 5%. Industry chain: upstream consists of rare earth mining and separation, and rare earth alloy and powder suppliers; downstream consists of manufacturers of motors, automobiles, home appliances, consumer electronics, and magnetic components.
United States market for CeFeB Magnet is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for CeFeB Magnet is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for CeFeB Magnet is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key CeFeB Magnet players cover Ningbo Funeng New Material, ZheJiang ZhongKe Magnetic, Advanced Technology & Materials, Zhong Ke San Huan, Zhenghai Magnetic, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “CeFeB Magnet Industry Forecast” looks at past sales and reviews total world CeFeB Magnet sales in 2025, providing a comprehensive analysis by region and market sector of projected CeFeB Magnet sales for 2026 through 2032. With CeFeB Magnet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CeFeB Magnet industry.
This Insight Report provides a comprehensive analysis of the global CeFeB 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 CeFeB Magnet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CeFeB Magnet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CeFeB 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 CeFeB Magnet.
This report presents a comprehensive overview, market shares, and growth opportunities of CeFeB Magnet market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low Cerium Content
High Cerium Content
Segmentation by Coercivity:
Low Coercivity
High Coercivity
Segmentation by Application:
Electric Bicycles
Consumer Electronics
Industrial
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.
Ningbo Funeng New Material
ZheJiang ZhongKe Magnetic
Advanced Technology & Materials
Zhong Ke San Huan
Zhenghai Magnetic
Shandong Shangda Rare Earth Material
Ningbo Tongchuang Strong Magnet Material
Key Questions Addressed in this Report
What is the 10-year outlook for the global CeFeB Magnet market?
What factors are driving CeFeB Magnet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do CeFeB Magnet market opportunities vary by end market size?
How does CeFeB Magnet break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
CeFeB magnet is a rare-earth permanent magnet in which cerium (Ce) partially substitutes neodymium or praseodymium in the NdFeB magnet system. By incorporating abundant and low-cost cerium, CeFeB magnets aim to reduce material costs while maintaining acceptable magnetic performance. They can be manufactured through sintering, bonding, or hot-deformation processes. Although their magnetic properties are generally lower than those of conventional high-end NdFeB magnets, CeFeB magnets offer a favorable balance between cost and performance, making them suitable for motors, household appliances, consumer electronics, and other cost-sensitive industrial applications.
In 2025, global production of CeFeB magnets reached 34,100 tons, with an average selling price of US$16.8 per kilogram. Typical single-line production capacity is approximately 1,000-5,000 tons, and the industry's gross profit margin is approximately 15%-25%. Cost structure: direct materials account for approximately 78%, manufacturing costs account for approximately 17%, and labor costs account for approximately 5%. Industry chain: upstream consists of rare earth mining and separation, and rare earth alloy and powder suppliers; downstream consists of manufacturers of motors, automobiles, home appliances, consumer electronics, and magnetic components.
United States market for CeFeB Magnet is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for CeFeB Magnet is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for CeFeB Magnet is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key CeFeB Magnet players cover Ningbo Funeng New Material, ZheJiang ZhongKe Magnetic, Advanced Technology & Materials, Zhong Ke San Huan, Zhenghai Magnetic, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “CeFeB Magnet Industry Forecast” looks at past sales and reviews total world CeFeB Magnet sales in 2025, providing a comprehensive analysis by region and market sector of projected CeFeB Magnet sales for 2026 through 2032. With CeFeB Magnet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CeFeB Magnet industry.
This Insight Report provides a comprehensive analysis of the global CeFeB 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 CeFeB Magnet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CeFeB Magnet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CeFeB 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 CeFeB Magnet.
This report presents a comprehensive overview, market shares, and growth opportunities of CeFeB Magnet market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low Cerium Content
High Cerium Content
Segmentation by Coercivity:
Low Coercivity
High Coercivity
Segmentation by Application:
Electric Bicycles
Consumer Electronics
Industrial
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.
Ningbo Funeng New Material
ZheJiang ZhongKe Magnetic
Advanced Technology & Materials
Zhong Ke San Huan
Zhenghai Magnetic
Shandong Shangda Rare Earth Material
Ningbo Tongchuang Strong Magnet Material
Key Questions Addressed in this Report
What is the 10-year outlook for the global CeFeB Magnet market?
What factors are driving CeFeB Magnet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do CeFeB Magnet market opportunities vary by end market size?
How does CeFeB Magnet break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
89 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for CeFeB Magnet by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for CeFeB Magnet by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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