Global NdFeB Market Analysis (2023-2029)

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.

LPI (LP Information)' newest research report, the "NdFeB Industry Forecast" looks at past sales and reviews total world NdFeB sales in 2022, providing a comprehensive analysis by region and market sector of projected NdFeB sales for 2023 through 2029. 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.

The global NdFeB market size is projected to grow from US$ 6251 million in 2022 to US$ 7692.3 million in 2029; it is expected to grow at a CAGR of 7692.3 from 2023 to 2029.

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 presents a comprehensive overview, market shares, and growth opportunities of NdFeB market by product type, application, key manufacturers and key regions and countries.

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 type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/454674/ndfeb-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of NdFeB, Research Methodology, etc.
Chapter 2: Executive Summary, global NdFeB market size (sales and revenue) and CAGR, NdFeB market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: NdFeB sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global NdFeB sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global NdFeB market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of NdFeB.
Chapter 14: Research Findings and Conclusion

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