NdFeB Market Forecast 2025, Strategic Insights, Market Trends, and Growth Opportunities Across Industries

QY Research has recently published a research report titled, "Global NdFeB Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". The report offers a complete compilation of first-hand and authentic information on the global NdFeB market taking into consideration market dynamics, segmentation, current developments, market trends, and competitive analysis. It also includes the qualitative and quantitative assessment by the leading industry analysts. Additionally, growth factors, micro and macroeconomic indicators, and emerging market trends are being scrutinized in the report. Impact of various factors on the global NdFeB market growth has also been mapped by the report.

The researchers have done a detailed assessment on the global NdFeB market with the help of suitable assumptions as well as methodologies. They have offered thoughtful insights, historical data, facts, and statistics, which will prove helpful for the market participants to strategize and make effective decisions to stay ahead of the curve.

The global market for NdFeB was estimated to be worth US$ 14065 million in 2024 and is forecast to a readjusted size of US$ 18657 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.

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Upgrade of demand structure

New energy vehicles: The usage of neodymium iron boron per vehicle is 5-10 kilograms, and the sales of new energy vehicles in China will reach 9.5 million units in 2024, directly driving demand.

Wind power: Direct drive permanent magnet fans account for 70%, with a single magnet consumption of 2-3 tons.

Humanoid robots: with a single unit consumption of 2-4 kilograms, the global shipment volume is expected to reach 5 million units by 2030.

Technological iteration and innovation

The third-generation neodymium iron boron (NdFeB) has a magnetic energy product of over 50MGOe. Domestic enterprises have improved the coercivity to over 35kOe through rapid solidification and grain boundary diffusion processes, and reduced the amount of medium and heavy rare earths by 30%. For example, the cerium magnet developed by Baotou Rare Earth Research Institute has reduced the cost by 20% and has been applied in fields such as air conditioning compressors.

Competitive landscape and policy impact

China leads the global supply chain, accounting for over 70% of production in 2024, forming industrial clusters such as Ningbo and Baotou. In terms of policy, the control of rare earth mining indicators and export restrictions have optimized the supply and demand pattern, but the export of permanent magnet products has not been restricted, which is beneficial for local enterprises.

Risks and Challenges

International countermeasures: The United States, Europe, and Japan may weaken China's advantage through technological substitution or trade negotiations.

Environmental pressure: It is necessary to address the pollution caused by rare earth mining and promote reduction measures such as low dysprosium technology.

Market Drivers and Restraints-

The NdFeB research report presents a detailed case of the drivers in the global market. It evaluates each one in complete detail. Analysts have distinguished between needs and wants to calculate the supply and demand dynamics. The report also presents a detailed description of the changing consumer behavior, improving incomes, and shifting government policies. The NdFeB research report also describes the evolution of trends that have raised the demand in recent years. Factors such as awareness about the increasing carbon footprint and greenhouse effect have been studied in this report. The report provides a comprehensive outlook of the global NdFeB market to its readers.

The report also discusses the possible threats to the global NdFeB market. It highlights the undercurrents that are expected to sway the market in the opposite direction. Analysts have taken utmost care to present this information with thorough calculation. However, the restraining factors come with an explanation of how to overcome the mounting stress on the players. The report provides a unique insight into the lucrative market segments that could change the game for the overall NdFeB market. Analysts have explained the possible technologies and type of approach towards research that could help the market turn the restraints into opportunities.

Market players need to be equipped with the information regarding the current and future competitive scenario in order to keep a check on their competitors' activities as well as execute their business strategies. This report will surely suffice as the analysts have critically examined the competitive scenario and have offered reliable forecasts. With this information, companies can understand the current and future market scenario and plan their tactics to gain a competitive edge over others.

Key Players Mentioned in the Global NdFeB Market Research Report:

Proterial(Hitachi Metals)
Zhong Ke San Huan
Jl Mag Rare-Earth
Zhenghai Magnetic
Ningbo Yunsheng
Shin-Etsu
Yantai Dongxing
TDK
Tianhe Magnets
AT&M
Innuovo Technology
Jintian Copper
Vacuumschmelze
Earth-Panda
Jingci Magnet
Galaxy Magnets

The research report provides analysis based on the global NdFeB market segments including product types, end user, application, and geography. Each and every segment has been studied on the basis of factors such as market share, market size, CAGR, demand, and growth potential. Moreover, the market analysts have identified the leading regions having growth potential. This segmental study will assist the key players to stress on key growth areas of the global NdFeB market and according plan their further strategies.

Segment by Type:

Sintered Nd-Fe-B Magnet
Bonded Nd-Fe-B Magnets
Hot Pressed NdFeB Magnets

Segment by Application:

Electric Motors
Auto Industry
Offshore Wind Turbines
Consumer Electronics
Others

Key regions including but not limited to North America, Asia Pacific, Europe, and the MEA are exhaustively analyzed based on market size, CAGR, market potential, economic and political factors, regulatory scenarios, and other significant parameters. The regional analysis provided in the NdFeB report will help market participants to identify lucrative and untapped business opportunities in different regions and countries. It includes a special study on production and production rate, import and export, and consumption in each regional NdFeB market considered for research. The report also offers detailed analysis of country-level NdFeB markets.

Segment by Region

North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Important Questions Answered included in the Report:

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global NdFeB market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global NdFeB market?

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Table Of Content

1 Market Overview
1.1 NdFeB Product Introduction
1.2 Global NdFeB Market Size Forecast
1.2.1 Global NdFeB Sales Value (2020-2031)
1.2.2 Global NdFeB Sales Volume (2020-2031)
1.2.3 Global NdFeB Sales Price (2020-2031)
1.3 NdFeB Market Trends & Drivers
1.3.1 NdFeB Industry Trends
1.3.2 NdFeB Market Drivers & Opportunity
1.3.3 NdFeB Market Challenges
1.3.4 NdFeB Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global NdFeB Players Revenue Ranking (2024)
2.2 Global NdFeB Revenue by Company (2020-2025)
2.3 Global NdFeB Players Sales Volume Ranking (2024)
2.4 Global NdFeB Sales Volume by Company Players (2020-2025)
2.5 Global NdFeB Average Price by Company (2020-2025)
2.6 Key Manufacturers NdFeB Manufacturing Base and Headquarters
2.7 Key Manufacturers NdFeB Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of NdFeB
2.9 NdFeB Market Competitive Analysis
2.9.1 NdFeB Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by NdFeB Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in NdFeB as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Sintered Nd-Fe-B Magnet
3.1.2 Bonded Nd-Fe-B Magnets
3.1.3 Hot Pressed NdFeB Magnets
3.2 Global NdFeB Sales Value by Type
3.2.1 Global NdFeB Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global NdFeB Sales Value, by Type (2020-2031)
3.2.3 Global NdFeB Sales Value, by Type (%) (2020-2031)
3.3 Global NdFeB Sales Volume by Type
3.3.1 Global NdFeB Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global NdFeB Sales Volume, by Type (2020-2031)
3.3.3 Global NdFeB Sales Volume, by Type (%) (2020-2031)
3.4 Global NdFeB Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Electric Motors
4.1.2 Auto Industry
4.1.3 Offshore Wind Turbines
4.1.4 Consumer Electronics
4.1.5 Others
4.2 Global NdFeB Sales Value by Application
4.2.1 Global NdFeB Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global NdFeB Sales Value, by Application (2020-2031)
4.2.3 Global NdFeB Sales Value, by Application (%) (2020-2031)
4.3 Global NdFeB Sales Volume by Application
4.3.1 Global NdFeB Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global NdFeB Sales Volume, by Application (2020-2031)
4.3.3 Global NdFeB Sales Volume, by Application (%) (2020-2031)
4.4 Global NdFeB Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global NdFeB Sales Value by Region
5.1.1 Global NdFeB Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global NdFeB Sales Value by Region (2020-2025)
5.1.3 Global NdFeB Sales Value by Region (2026-2031)
5.1.4 Global NdFeB Sales Value by Region (%), (2020-2031)
5.2 Global NdFeB Sales Volume by Region
5.2.1 Global NdFeB Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global NdFeB Sales Volume by Region (2020-2025)
5.2.3 Global NdFeB Sales Volume by Region (2026-2031)
5.2.4 Global NdFeB Sales Volume by Region (%), (2020-2031)
5.3 Global NdFeB Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America NdFeB Sales Value, 2020-2031
5.4.2 North America NdFeB Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe NdFeB Sales Value, 2020-2031
5.5.2 Europe NdFeB Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific NdFeB Sales Value, 2020-2031
5.6.2 Asia Pacific NdFeB Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America NdFeB Sales Value, 2020-2031
5.7.2 South America NdFeB Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa NdFeB Sales Value, 2020-2031
5.8.2 Middle East & Africa NdFeB Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions NdFeB Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions NdFeB Sales Value and Sales Volume
6.2.1 Key Countries/Regions NdFeB Sales Value, 2020-2031
6.2.2 Key Countries/Regions NdFeB Sales Volume, 2020-2031
6.3 United States
6.3.1 United States NdFeB Sales Value, 2020-2031
6.3.2 United States NdFeB Sales Value by Type (%), 2024 VS 2031
6.3.3 United States NdFeB Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe NdFeB Sales Value, 2020-2031
6.4.2 Europe NdFeB Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe NdFeB Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China NdFeB Sales Value, 2020-2031
6.5.2 China NdFeB Sales Value by Type (%), 2024 VS 2031
6.5.3 China NdFeB Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan NdFeB Sales Value, 2020-2031
6.6.2 Japan NdFeB Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan NdFeB Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea NdFeB Sales Value, 2020-2031
6.7.2 South Korea NdFeB Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea NdFeB Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia NdFeB Sales Value, 2020-2031
6.8.2 Southeast Asia NdFeB Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia NdFeB Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India NdFeB Sales Value, 2020-2031
6.9.2 India NdFeB Sales Value by Type (%), 2024 VS 2031
6.9.3 India NdFeB Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Proterial(Hitachi Metals)
7.1.1 Proterial(Hitachi Metals) Company Information
7.1.2 Proterial(Hitachi Metals) Introduction and Business Overview
7.1.3 Proterial(Hitachi Metals) NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Proterial(Hitachi Metals) NdFeB Product Offerings
7.1.5 Proterial(Hitachi Metals) Recent Development
7.2 Zhong Ke San Huan
7.2.1 Zhong Ke San Huan Company Information
7.2.2 Zhong Ke San Huan Introduction and Business Overview
7.2.3 Zhong Ke San Huan NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Zhong Ke San Huan NdFeB Product Offerings
7.2.5 Zhong Ke San Huan Recent Development
7.3 Jl Mag Rare-Earth
7.3.1 Jl Mag Rare-Earth Company Information
7.3.2 Jl Mag Rare-Earth Introduction and Business Overview
7.3.3 Jl Mag Rare-Earth NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Jl Mag Rare-Earth NdFeB Product Offerings
7.3.5 Jl Mag Rare-Earth Recent Development
7.4 Zhenghai Magnetic
7.4.1 Zhenghai Magnetic Company Information
7.4.2 Zhenghai Magnetic Introduction and Business Overview
7.4.3 Zhenghai Magnetic NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Zhenghai Magnetic NdFeB Product Offerings
7.4.5 Zhenghai Magnetic Recent Development
7.5 Ningbo Yunsheng
7.5.1 Ningbo Yunsheng Company Information
7.5.2 Ningbo Yunsheng Introduction and Business Overview
7.5.3 Ningbo Yunsheng NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Ningbo Yunsheng NdFeB Product Offerings
7.5.5 Ningbo Yunsheng Recent Development
7.6 Shin-Etsu
7.6.1 Shin-Etsu Company Information
7.6.2 Shin-Etsu Introduction and Business Overview
7.6.3 Shin-Etsu NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Shin-Etsu NdFeB Product Offerings
7.6.5 Shin-Etsu Recent Development
7.7 Yantai Dongxing
7.7.1 Yantai Dongxing Company Information
7.7.2 Yantai Dongxing Introduction and Business Overview
7.7.3 Yantai Dongxing NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Yantai Dongxing NdFeB Product Offerings
7.7.5 Yantai Dongxing Recent Development
7.8 TDK
7.8.1 TDK Company Information
7.8.2 TDK Introduction and Business Overview
7.8.3 TDK NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 TDK NdFeB Product Offerings
7.8.5 TDK Recent Development
7.9 Tianhe Magnets
7.9.1 Tianhe Magnets Company Information
7.9.2 Tianhe Magnets Introduction and Business Overview
7.9.3 Tianhe Magnets NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Tianhe Magnets NdFeB Product Offerings
7.9.5 Tianhe Magnets Recent Development
7.10 AT&M
7.10.1 AT&M Company Information
7.10.2 AT&M Introduction and Business Overview
7.10.3 AT&M NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 AT&M NdFeB Product Offerings
7.10.5 AT&M Recent Development
7.11 Innuovo Technology
7.11.1 Innuovo Technology Company Information
7.11.2 Innuovo Technology Introduction and Business Overview
7.11.3 Innuovo Technology NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Innuovo Technology NdFeB Product Offerings
7.11.5 Innuovo Technology Recent Development
7.12 Jintian Copper
7.12.1 Jintian Copper Company Information
7.12.2 Jintian Copper Introduction and Business Overview
7.12.3 Jintian Copper NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Jintian Copper NdFeB Product Offerings
7.12.5 Jintian Copper Recent Development
7.13 Vacuumschmelze
7.13.1 Vacuumschmelze Company Information
7.13.2 Vacuumschmelze Introduction and Business Overview
7.13.3 Vacuumschmelze NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Vacuumschmelze NdFeB Product Offerings
7.13.5 Vacuumschmelze Recent Development
7.14 Earth-Panda
7.14.1 Earth-Panda Company Information
7.14.2 Earth-Panda Introduction and Business Overview
7.14.3 Earth-Panda NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Earth-Panda NdFeB Product Offerings
7.14.5 Earth-Panda Recent Development
7.15 Jingci Magnet
7.15.1 Jingci Magnet Company Information
7.15.2 Jingci Magnet Introduction and Business Overview
7.15.3 Jingci Magnet NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Jingci Magnet NdFeB Product Offerings
7.15.5 Jingci Magnet Recent Development
7.16 Galaxy Magnets
7.16.1 Galaxy Magnets Company Information
7.16.2 Galaxy Magnets Introduction and Business Overview
7.16.3 Galaxy Magnets NdFeB Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Galaxy Magnets NdFeB Product Offerings
7.16.5 Galaxy Magnets Recent Development
8 Industry Chain Analysis
8.1 NdFeB Industrial Chain
8.2 NdFeB Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 NdFeB Sales Model
8.5.2 Sales Channel
8.5.3 NdFeB Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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