Industry: Chemical & Material
Published Date: 2025-10-14
Pages: 150 Pages
Report ld: 5053370
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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.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on NdFeB cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global NdFeB production reached approximately 299501 tonne, with an average global market price of around US$ 46961 per tonne. NdFeB magnet (also known as Neodymium magnets) is a permanent rare earth magnet formed from an alloy of Neodymium, Iron, and Boron (hence Nd-Fe-B). NdFeB magnets are the strongest, most commonly used rare earth magnets in the world. They provide unparalleled levels of magnetism and resistance to demagnetization when compared to ceramic, alnico, and even samarium-cobalt magnets.
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.
This report aims to provide a comprehensive presentation of the global market for NdFeB, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of NdFeB by region & country, by Type, and by Application.
The NdFeB market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NdFeB.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of NdFeB manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of NdFeB in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of NdFeB in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
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
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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