
The global NdFeB market size is predicted to grow from US$ 6789 million in 2025 to US$ 8110 million in 2031; it is expected to grow at a CAGR of 3.0% from 2025 to 2031.
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.
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.
The “NdFeB Industry Forecast” looks at past sales and reviews total world NdFeB sales in 2024, providing a comprehensive analysis by region and market sector of projected NdFeB sales for 2025 through 2031. With NdFeB sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NdFeB industry.
This Insight Report provides a comprehensive analysis of the global NdFeB 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NdFeB market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NdFeB 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.
This report presents a comprehensive overview, market shares, and growth opportunities of NdFeB market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Sintered Nd-Fe-B Magnet
Bonded Nd-Fe-B Magnets
Hot Pressed NdFeB Magnets
Segmentation by Application:
Computer
Electronic Industrial
Office Automation Equipment
Auto Industrial
Other
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
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global NdFeB market?
What factors are driving NdFeB market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do NdFeB market opportunities vary by end market size?
How does NdFeB break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global NdFeB Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for NdFeB by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for NdFeB by Country/Region, 2020, 2024 & 2031
2.2 NdFeB Segment by Type
2.2.1 Sintered Nd-Fe-B Magnet
2.2.2 Bonded Nd-Fe-B Magnets
2.2.3 Hot Pressed NdFeB Magnets
2.3 NdFeB Sales by Type
2.3.1 Global NdFeB Sales Market Share by Type (2020-2025)
2.3.2 Global NdFeB Revenue and Market Share by Type (2020-2025)
2.3.3 Global NdFeB Sale Price by Type (2020-2025)
2.4 NdFeB Segment by Application
2.4.1 Computer
2.4.2 Electronic Industrial
2.4.3 Office Automation Equipment
2.4.4 Auto Industrial
2.4.5 Other
2.5 NdFeB Sales by Application
2.5.1 Global NdFeB Sale Market Share by Application (2020-2025)
2.5.2 Global NdFeB Revenue and Market Share by Application (2020-2025)
2.5.3 Global NdFeB Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global NdFeB Breakdown Data by Company
3.1.1 Global NdFeB Annual Sales by Company (2020-2025)
3.1.2 Global NdFeB Sales Market Share by Company (2020-2025)
3.2 Global NdFeB Annual Revenue by Company (2020-2025)
3.2.1 Global NdFeB Revenue by Company (2020-2025)
3.2.2 Global NdFeB Revenue Market Share by Company (2020-2025)
3.3 Global NdFeB Sale Price by Company
3.4 Key Manufacturers NdFeB Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers NdFeB Product Location Distribution
3.4.2 Players NdFeB Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for NdFeB by Geographic Region
4.1 World Historic NdFeB Market Size by Geographic Region (2020-2025)
4.1.1 Global NdFeB Annual Sales by Geographic Region (2020-2025)
4.1.2 Global NdFeB Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic NdFeB Market Size by Country/Region (2020-2025)
4.2.1 Global NdFeB Annual Sales by Country/Region (2020-2025)
4.2.2 Global NdFeB Annual Revenue by Country/Region (2020-2025)
4.3 Americas NdFeB Sales Growth
4.4 APAC NdFeB Sales Growth
4.5 Europe NdFeB Sales Growth
4.6 Middle East & Africa NdFeB Sales Growth
5 Americas
5.1 Americas NdFeB Sales by Country
5.1.1 Americas NdFeB Sales by Country (2020-2025)
5.1.2 Americas NdFeB Revenue by Country (2020-2025)
5.2 Americas NdFeB Sales by Type (2020-2025)
5.3 Americas NdFeB Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC NdFeB Sales by Region
6.1.1 APAC NdFeB Sales by Region (2020-2025)
6.1.2 APAC NdFeB Revenue by Region (2020-2025)
6.2 APAC NdFeB Sales by Type (2020-2025)
6.3 APAC NdFeB Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe NdFeB by Country
7.1.1 Europe NdFeB Sales by Country (2020-2025)
7.1.2 Europe NdFeB Revenue by Country (2020-2025)
7.2 Europe NdFeB Sales by Type (2020-2025)
7.3 Europe NdFeB Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa NdFeB by Country
8.1.1 Middle East & Africa NdFeB Sales by Country (2020-2025)
8.1.2 Middle East & Africa NdFeB Revenue by Country (2020-2025)
8.2 Middle East & Africa NdFeB Sales by Type (2020-2025)
8.3 Middle East & Africa NdFeB Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of NdFeB
10.3 Manufacturing Process Analysis of NdFeB
10.4 Industry Chain Structure of NdFeB
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 NdFeB Distributors
11.3 NdFeB Customer
12 World Forecast Review for NdFeB by Geographic Region
12.1 Global NdFeB Market Size Forecast by Region
12.1.1 Global NdFeB Forecast by Region (2026-2031)
12.1.2 Global NdFeB Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global NdFeB Forecast by Type (2026-2031)
12.7 Global NdFeB Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Hitachi Metals
13.1.1 Hitachi Metals Company Information
13.1.2 Hitachi Metals NdFeB Product Portfolios and Specifications
13.1.3 Hitachi Metals NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Hitachi Metals Main Business Overview
13.1.5 Hitachi Metals Latest Developments
13.2 Shin-Etsu
13.2.1 Shin-Etsu Company Information
13.2.2 Shin-Etsu NdFeB Product Portfolios and Specifications
13.2.3 Shin-Etsu NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Shin-Etsu Main Business Overview
13.2.5 Shin-Etsu Latest Developments
13.3 TDK
13.3.1 TDK Company Information
13.3.2 TDK NdFeB Product Portfolios and Specifications
13.3.3 TDK NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 TDK Main Business Overview
13.3.5 TDK Latest Developments
13.4 VAC
13.4.1 VAC Company Information
13.4.2 VAC NdFeB Product Portfolios and Specifications
13.4.3 VAC NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 VAC Main Business Overview
13.4.5 VAC Latest Developments
13.5 Zhong Ke San Huan
13.5.1 Zhong Ke San Huan Company Information
13.5.2 Zhong Ke San Huan NdFeB Product Portfolios and Specifications
13.5.3 Zhong Ke San Huan NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Zhong Ke San Huan Main Business Overview
13.5.5 Zhong Ke San Huan Latest Developments
13.6 Yunsheng Company
13.6.1 Yunsheng Company Company Information
13.6.2 Yunsheng Company NdFeB Product Portfolios and Specifications
13.6.3 Yunsheng Company NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Yunsheng Company Main Business Overview
13.6.5 Yunsheng Company Latest Developments
13.7 YSM
13.7.1 YSM Company Information
13.7.2 YSM NdFeB Product Portfolios and Specifications
13.7.3 YSM NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 YSM Main Business Overview
13.7.5 YSM Latest Developments
13.8 JL MAG
13.8.1 JL MAG Company Information
13.8.2 JL MAG NdFeB Product Portfolios and Specifications
13.8.3 JL MAG NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 JL MAG Main Business Overview
13.8.5 JL MAG Latest Developments
13.9 ZHmag
13.9.1 ZHmag Company Information
13.9.2 ZHmag NdFeB Product Portfolios and Specifications
13.9.3 ZHmag NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 ZHmag Main Business Overview
13.9.5 ZHmag Latest Developments
13.10 Jingci Material Science
13.10.1 Jingci Material Science Company Information
13.10.2 Jingci Material Science NdFeB Product Portfolios and Specifications
13.10.3 Jingci Material Science NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Jingci Material Science Main Business Overview
13.10.5 Jingci Material Science Latest Developments
13.11 AT&M
13.11.1 AT&M Company Information
13.11.2 AT&M NdFeB Product Portfolios and Specifications
13.11.3 AT&M NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 AT&M Main Business Overview
13.11.5 AT&M Latest Developments
13.12 NBJJ
13.12.1 NBJJ Company Information
13.12.2 NBJJ NdFeB Product Portfolios and Specifications
13.12.3 NBJJ NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 NBJJ Main Business Overview
13.12.5 NBJJ Latest Developments
13.13 Innuovo Magnetics
13.13.1 Innuovo Magnetics Company Information
13.13.2 Innuovo Magnetics NdFeB Product Portfolios and Specifications
13.13.3 Innuovo Magnetics NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Innuovo Magnetics Main Business Overview
13.13.5 Innuovo Magnetics Latest Developments
13.14 SGM
13.14.1 SGM Company Information
13.14.2 SGM NdFeB Product Portfolios and Specifications
13.14.3 SGM NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 SGM Main Business Overview
13.14.5 SGM Latest Developments
13.15 Galaxy Magnetic
13.15.1 Galaxy Magnetic Company Information
13.15.2 Galaxy Magnetic NdFeB Product Portfolios and Specifications
13.15.3 Galaxy Magnetic NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Galaxy Magnetic Main Business Overview
13.15.5 Galaxy Magnetic Latest Developments
13.16 Zhongyuan Magnetic
13.16.1 Zhongyuan Magnetic Company Information
13.16.2 Zhongyuan Magnetic NdFeB Product Portfolios and Specifications
13.16.3 Zhongyuan Magnetic NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Zhongyuan Magnetic Main Business Overview
13.16.5 Zhongyuan Magnetic Latest Developments
13.17 Earth- Panda
13.17.1 Earth- Panda Company Information
13.17.2 Earth- Panda NdFeB Product Portfolios and Specifications
13.17.3 Earth- Panda NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Earth- Panda Main Business Overview
13.17.5 Earth- Panda Latest Developments
13.18 Magsuper
13.18.1 Magsuper Company Information
13.18.2 Magsuper NdFeB Product Portfolios and Specifications
13.18.3 Magsuper NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Magsuper Main Business Overview
13.18.5 Magsuper Latest Developments
14 Research Findings and Conclusion
*If Applicable.
