Global NdFeB Permanent Magnetic Materials for Automobiles Market Growth 2025-2031

The global NdFeB Permanent Magnetic Materials for Automobiles market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

NdFeB permanent magnet material is a strong magnetic material composed of elements such as neodymium (Nd), iron (Fe), and boron (B). It has extremely high magnetic energy product and coercive force, and is currently one of the strongest permanent magnet materials in commercial applications. NdFeB permanent magnet materials are mainly used in the automotive industry for electric vehicle drive systems, braking systems, auxiliary equipment, and charging stations.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.

LP Information, Inc. (LPI) ' newest research report, the “NdFeB Permanent Magnetic Materials for Automobiles Industry Forecast” looks at past sales and reviews total world NdFeB Permanent Magnetic Materials for Automobiles sales in 2024, providing a comprehensive analysis by region and market sector of projected NdFeB Permanent Magnetic Materials for Automobiles sales for 2025 through 2031. With NdFeB Permanent Magnetic Materials for Automobiles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NdFeB Permanent Magnetic Materials for Automobiles industry.

This Insight Report provides a comprehensive analysis of the global NdFeB Permanent Magnetic Materials for Automobiles 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 NdFeB Permanent Magnetic Materials for Automobiles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NdFeB Permanent Magnetic Materials for Automobiles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NdFeB Permanent Magnetic Materials for Automobiles 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 NdFeB Permanent Magnetic Materials for Automobiles.

This report presents a comprehensive overview, market shares, and growth opportunities of NdFeB Permanent Magnetic Materials for Automobiles market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Sintered NdFeB
Bonded NdFeB
Hot Pressed Nd

Segmentation by Application:
Passenger Cars
Commercial Vehicle

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.
VACUUMSCHMELZE GmbH & Co
Shin-Etsu
TDK
Hitachi-metals
Vacuumschmelze Gmbh
MMC
Stanford Magnets
JL MAG Rare-Earth
Yantai Dongxing Magnetic Materials Inc.
Yantai Zhenghai Magnetic Material
Beijing Zhong Ke San Huan Hi-Tech
Hengdian Dong Megnet
Ningbo Jinji Strong Magnetic Material
TH Magnetics
Zhejiang Innuovo Magnetics
Earth Panda
UMAG
Galaxymagnets
SINOSTEEL NMC
Advanced Tech & Material
Ningbo Co-star Materials Hi-Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global NdFeB Permanent Magnetic Materials for Automobiles market?

What factors are driving NdFeB Permanent Magnetic Materials for Automobiles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NdFeB Permanent Magnetic Materials for Automobiles market opportunities vary by end market size?

How does NdFeB Permanent Magnetic Materials for Automobiles break out by Type, by Application?

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