Global Strong Neodymium Rare Earth Magnet Market Growth 2025-2031
Description
The global Strong Neodymium Rare Earth Magnet market size is predicted to grow from US$ 8522 million in 2025 to US$ 12030 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.
Neodymium iron boron magnets (Neo, NdFeB or NIB magnets) are the strongest type of permanent magnets commercially available, with magnetic properties that exceed alnico and ceramic(ferrite) magnets. Sintered NdFeB magnets offer extremely high energy product for their size, they have a high magnetic remanence and much higher coercivity than other permanent magnets. They are available in a wide range of shapes, sizes and grades at relatively low prices.
Rare earth permanent magnetic materials have high magnetocrystalline anisotropy, high saturation magnetization, high Coercivity, high magnetic energy product and many other advantages. The current Nd-Fe-B magnetic material is the third generation of rare earth permanent magnetic material, which is the generation with the best comprehensive performance. Nd-Fe-B has the advantages of high magnetic energy product, Coercivity, and high energy density, which makes Nd-Fe-B magnetic material widely used in modern industry. At present, new energy vehicles, rare earth permanent magnetic motors, wind power, etc. are the main application fields. In recent years, China has ranked first in rare earth reserves and production in the world, and is the world"s largest producer and exporter of rare earth permanent magnet materials. High performance Nd-Fe-B magnetic materials are widely used in energy conservation, environmental protection, green industry and other Low-carbon economy fields. With the deepening of concepts such as clean energy and carbon neutrality, countries around the world have vigorously invested in energy-saving and environmental protection industries. Emerging industries such as new energy vehicles, wind power generation, energy-saving appliances, and industrial robots are rapidly developing, and the demand for high-performance rare earth permanent magnet materials is also experiencing rapid growth.
LP Information, Inc. (LPI) ' newest research report, the “Strong Neodymium Rare Earth Magnet Industry Forecast” looks at past sales and reviews total world Strong Neodymium Rare Earth Magnet sales in 2024, providing a comprehensive analysis by region and market sector of projected Strong Neodymium Rare Earth Magnet sales for 2025 through 2031. With Strong Neodymium Rare Earth Magnet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Strong Neodymium Rare Earth Magnet industry.
This Insight Report provides a comprehensive analysis of the global Strong Neodymium Rare Earth 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 Strong Neodymium Rare Earth Magnet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Strong Neodymium Rare Earth Magnet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Strong Neodymium Rare Earth 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 Strong Neodymium Rare Earth Magnet.
This report presents a comprehensive overview, market shares, and growth opportunities of Strong Neodymium Rare Earth Magnet market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Others
Segmentation by Application:
EV (Electric Vehicle)
Automotive other than EV
Air Conditioning
Aerospace and Defense
Wind Energy
Consumer Goods and Electronics
Industrial Machinery
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.
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
ATand M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Industry Limited
Earth- Panda
Magsuper
Daido Electronics
Tianhe Magnetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Strong Neodymium Rare Earth Magnet market?
What factors are driving Strong Neodymium Rare Earth Magnet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Strong Neodymium Rare Earth Magnet market opportunities vary by end market size?
How does Strong Neodymium Rare Earth Magnet break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Neodymium iron boron magnets (Neo, NdFeB or NIB magnets) are the strongest type of permanent magnets commercially available, with magnetic properties that exceed alnico and ceramic(ferrite) magnets. Sintered NdFeB magnets offer extremely high energy product for their size, they have a high magnetic remanence and much higher coercivity than other permanent magnets. They are available in a wide range of shapes, sizes and grades at relatively low prices.
Rare earth permanent magnetic materials have high magnetocrystalline anisotropy, high saturation magnetization, high Coercivity, high magnetic energy product and many other advantages. The current Nd-Fe-B magnetic material is the third generation of rare earth permanent magnetic material, which is the generation with the best comprehensive performance. Nd-Fe-B has the advantages of high magnetic energy product, Coercivity, and high energy density, which makes Nd-Fe-B magnetic material widely used in modern industry. At present, new energy vehicles, rare earth permanent magnetic motors, wind power, etc. are the main application fields. In recent years, China has ranked first in rare earth reserves and production in the world, and is the world"s largest producer and exporter of rare earth permanent magnet materials. High performance Nd-Fe-B magnetic materials are widely used in energy conservation, environmental protection, green industry and other Low-carbon economy fields. With the deepening of concepts such as clean energy and carbon neutrality, countries around the world have vigorously invested in energy-saving and environmental protection industries. Emerging industries such as new energy vehicles, wind power generation, energy-saving appliances, and industrial robots are rapidly developing, and the demand for high-performance rare earth permanent magnet materials is also experiencing rapid growth.
LP Information, Inc. (LPI) ' newest research report, the “Strong Neodymium Rare Earth Magnet Industry Forecast” looks at past sales and reviews total world Strong Neodymium Rare Earth Magnet sales in 2024, providing a comprehensive analysis by region and market sector of projected Strong Neodymium Rare Earth Magnet sales for 2025 through 2031. With Strong Neodymium Rare Earth Magnet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Strong Neodymium Rare Earth Magnet industry.
This Insight Report provides a comprehensive analysis of the global Strong Neodymium Rare Earth 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 Strong Neodymium Rare Earth Magnet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Strong Neodymium Rare Earth Magnet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Strong Neodymium Rare Earth 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 Strong Neodymium Rare Earth Magnet.
This report presents a comprehensive overview, market shares, and growth opportunities of Strong Neodymium Rare Earth Magnet market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Others
Segmentation by Application:
EV (Electric Vehicle)
Automotive other than EV
Air Conditioning
Aerospace and Defense
Wind Energy
Consumer Goods and Electronics
Industrial Machinery
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.
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
ATand M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Industry Limited
Earth- Panda
Magsuper
Daido Electronics
Tianhe Magnetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Strong Neodymium Rare Earth Magnet market?
What factors are driving Strong Neodymium Rare Earth Magnet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Strong Neodymium Rare Earth Magnet market opportunities vary by end market size?
How does Strong Neodymium Rare Earth Magnet break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
133 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 Strong Neodymium Rare Earth 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 Strong Neodymium Rare Earth Magnet by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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