Industry: Chemical & Material
Published Date: 2026-01-04
Pages: 109 Pages
Report ld: 5559110
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NdFeB Market Size(US$)

CAGR 2026-2032
3.5%
Market Size,2032
USD 19,240
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global NdFeB market size was US$ 15180 million in 2025 and is forecast to reach a readjusted size of US$ 19240 million by 2032 with a CAGR of 3.5% during the forecast period 2026-2032.
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.
The global NdFeB market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of NdFeB sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of NdFeB manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, NdFeB product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the NdFeB value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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 Scope
1.2 NdFeB by Type
1.2.1 Global NdFeB Sales by Type (2021, 2025 & 2032)
1.2.2 Sintered Nd-Fe-B Magnet
1.2.3 Bonded Nd-Fe-B Magnets
1.2.4 Hot Pressed NdFeB Magnets
1.3 NdFeB by Application
1.3.1 Global NdFeB Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Electric Motors
1.3.3 Auto Industry
1.3.4 Offshore Wind Turbines
1.3.5 Consumer Electronics
1.3.6 Others
1.4 Global NdFeB Market Estimates and Forecasts (2021-2032)
1.4.1 Global NdFeB Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global NdFeB Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global NdFeB Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global NdFeB Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global NdFeB Historical Market Scenario by Region (2021-2026)
2.2.1 Global NdFeB Sales Market Share by Region (2021-2026)
2.2.2 Global NdFeB Revenue Market Share by Region (2021-2026)
2.3 Global NdFeB Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global NdFeB Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global NdFeB Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 North America NdFeB Market Size and Prospects (2021-2032)
2.4.2 Europe NdFeB Market Size and Prospects (2021-2032)
2.4.3 China NdFeB Market Size and Prospects (2021-2032)
2.4.4 Japan NdFeB Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global NdFeB Historical Market Review by Type (2021-2026)
3.1.1 Global NdFeB Sales by Type (2021-2026)
3.1.2 Global NdFeB Revenue by Type (2021-2026)
3.1.3 Global NdFeB Average Price by Type (2021-2026)
3.2 Global NdFeB Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global NdFeB Sales Forecast by Type (2027-2032)
3.2.2 Global NdFeB Revenue Forecast by Type (2027-2032)
3.2.3 Global NdFeB Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of NdFeB
4 Global Market Size by Application
4.1 Global NdFeB Historical Market Review by Application (2021-2026)
4.1.1 Global NdFeB Sales by Application (2021-2026)
4.1.2 Global NdFeB Revenue by Application (2021-2026)
4.1.3 Global NdFeB Average Price by Application (2021-2026)
4.2 Global NdFeB Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global NdFeB Sales Forecast by Application (2027-2032)
4.2.2 Global NdFeB Revenue Forecast by Application (2027-2032)
4.2.3 Global NdFeB Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in NdFeB Applications
5 Competition Landscape by Players
5.1 Global NdFeB Sales by Player (2021-2026)
5.2 Global Top NdFeB Players by Revenue (2021-2026)
5.3 Global NdFeB Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on NdFeB revenue as of 2025
5.4 Global NdFeB Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of NdFeB, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of NdFeB, Product Type & Application
5.7 Global Key Manufacturers of NdFeB, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America NdFeB Sales by Company
6.1.1.1 North America NdFeB Sales by Company (2021-2026)
6.1.1.2 North America NdFeB Revenue by Company (2021-2026)
6.1.2 North America NdFeB Sales Breakdown by Type (2021-2026)
6.1.3 North America NdFeB Sales Breakdown by Application (2021-2026)
6.1.4 North America NdFeB Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe NdFeB Sales by Company
6.2.1.1 Europe NdFeB Sales by Company (2021-2026)
6.2.1.2 Europe NdFeB Revenue by Company (2021-2026)
6.2.2 Europe NdFeB Sales Breakdown by Type (2021-2026)
6.2.3 Europe NdFeB Sales Breakdown by Application (2021-2026)
6.2.4 Europe NdFeB Major Customers
6.2.5 Europe Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China NdFeB Sales by Company
6.3.1.1 China NdFeB Sales by Company (2021-2026)
6.3.1.2 China NdFeB Revenue by Company (2021-2026)
6.3.2 China NdFeB Sales Breakdown by Type (2021-2026)
6.3.3 China NdFeB Sales Breakdown by Application (2021-2026)
6.3.4 China NdFeB Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan NdFeB Sales by Company
6.4.1.1 Japan NdFeB Sales by Company (2021-2026)
6.4.1.2 Japan NdFeB Revenue by Company (2021-2026)
6.4.2 Japan NdFeB Sales Breakdown by Type (2021-2026)
6.4.3 Japan NdFeB Sales Breakdown by Application (2021-2026)
6.4.4 Japan NdFeB Major Customers
6.4.5 Japan Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Proterial(Hitachi Metals)
7.1.1 Proterial(Hitachi Metals) Company Information
7.1.2 Proterial(Hitachi Metals) Business Overview
7.1.3 Proterial(Hitachi Metals) NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Proterial(Hitachi Metals) NdFeB Products Offered
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 Business Overview
7.2.3 Zhong Ke San Huan NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Zhong Ke San Huan NdFeB Products Offered
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 Business Overview
7.3.3 Jl Mag Rare-Earth NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.3.4 Jl Mag Rare-Earth NdFeB Products Offered
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 Business Overview
7.4.3 Zhenghai Magnetic NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Zhenghai Magnetic NdFeB Products Offered
7.4.5 Zhenghai Magnetic Recent Development
7.5 Ningbo Yunsheng
7.5.1 Ningbo Yunsheng Company Information
7.5.2 Ningbo Yunsheng Business Overview
7.5.3 Ningbo Yunsheng NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.5.4 Ningbo Yunsheng NdFeB Products Offered
7.5.5 Ningbo Yunsheng Recent Development
7.6 Shin-Etsu
7.6.1 Shin-Etsu Company Information
7.6.2 Shin-Etsu Business Overview
7.6.3 Shin-Etsu NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Shin-Etsu NdFeB Products Offered
7.6.5 Shin-Etsu Recent Development
7.7 Yantai Dongxing
7.7.1 Yantai Dongxing Company Information
7.7.2 Yantai Dongxing Business Overview
7.7.3 Yantai Dongxing NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Yantai Dongxing NdFeB Products Offered
7.7.5 Yantai Dongxing Recent Development
7.8 TDK
7.8.1 TDK Company Information
7.8.2 TDK Business Overview
7.8.3 TDK NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.8.4 TDK NdFeB Products Offered
7.8.5 TDK Recent Development
7.9 Tianhe Magnets
7.9.1 Tianhe Magnets Company Information
7.9.2 Tianhe Magnets Business Overview
7.9.3 Tianhe Magnets NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.9.4 Tianhe Magnets NdFeB Products Offered
7.9.5 Tianhe Magnets Recent Development
7.10 AT&M
7.10.1 AT&M Company Information
7.10.2 AT&M Business Overview
7.10.3 AT&M NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.10.4 AT&M NdFeB Products Offered
7.10.5 AT&M Recent Development
7.11 Innuovo Technology
7.11.1 Innuovo Technology Company Information
7.11.2 Innuovo Technology Business Overview
7.11.3 Innuovo Technology NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.11.4 Innuovo Technology NdFeB Products Offered
7.11.5 Innuovo Technology Recent Development
7.12 Jintian Copper
7.12.1 Jintian Copper Company Information
7.12.2 Jintian Copper Business Overview
7.12.3 Jintian Copper NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.12.4 Jintian Copper NdFeB Products Offered
7.12.5 Jintian Copper Recent Development
7.13 Vacuumschmelze
7.13.1 Vacuumschmelze Company Information
7.13.2 Vacuumschmelze Business Overview
7.13.3 Vacuumschmelze NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.13.4 Vacuumschmelze NdFeB Products Offered
7.13.5 Vacuumschmelze Recent Development
7.14 Earth-Panda
7.14.1 Earth-Panda Company Information
7.14.2 Earth-Panda Business Overview
7.14.3 Earth-Panda NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.14.4 Earth-Panda NdFeB Products Offered
7.14.5 Earth-Panda Recent Development
7.15 Jingci Magnet
7.15.1 Jingci Magnet Company Information
7.15.2 Jingci Magnet Business Overview
7.15.3 Jingci Magnet NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.15.4 Jingci Magnet NdFeB Products Offered
7.15.5 Jingci Magnet Recent Development
7.16 Galaxy Magnets
7.16.1 Galaxy Magnets Company Information
7.16.2 Galaxy Magnets Business Overview
7.16.3 Galaxy Magnets NdFeB Sales, Revenue and Gross Margin (2021-2026)
7.16.4 Galaxy Magnets NdFeB Products Offered
7.16.5 Galaxy Magnets Recent Development
8 NdFeB Manufacturing Cost Analysis
8.1 NdFeB Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of NdFeB
8.4 NdFeB Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 NdFeB Distributors List
9.3 NdFeB Customers
10 NdFeB Market Dynamics
10.1 NdFeB Industry Trends
10.2 NdFeB Market Drivers
10.3 NdFeB Market Challenges
10.4 NdFeB Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 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
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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