APO RESEARCH · REPORT
NdFeB
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Growth & Trends
Global NdFeB Industry Growth and Trends Forecast to 2032
Market perspective
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.
Read the full market overview
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.
Report Scope
This report provides a structured, data-driven view of the global NdFeB market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The NdFeB market size, estimates, and forecasts are presented in terms of sales volume (t) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global NdFeB market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to NdFeB.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global NdFeB market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
NdFeB Market by Company
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
NdFeB Segment by Type
Sintered Nd-Fe-B Magnet
Bonded Nd-Fe-B Magnets
Hot Pressed NdFeB Magnets
NdFeB Segment by Application
Computer
Electronic Industrial
Office Automation Equipment
Auto Industrial
Other
NdFeB Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global NdFeB market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of NdFeB and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of NdFeB.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces 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 3: Detailed analysis of NdFeB manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Sintered Nd-Fe-B Magnet
- Bonded Nd-Fe-B Magnets
- Hot Pressed NdFeB Magnets
Applications
- Computer
- Electronic Industrial
- Office Automation Equipment
- Auto Industrial
- Other
Companies covered
- 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
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global NdFeB Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global NdFeB Sales Estimates and Forecasts (2021-2032)
- 1.3 NdFeB Market by Type
- 1.3.1 Sintered Nd-Fe-B Magnet
- 1.3.2 Bonded Nd-Fe-B Magnets
- 1.3.3 Hot Pressed NdFeB Magnets
- 1.4 Global NdFeB Market Size by Type
- 1.4.1 Global NdFeB Market Size Overview by Type (2021-2032)
- 1.4.2 Global NdFeB Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global NdFeB Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America NdFeB Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe NdFeB Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific NdFeB Sales Breakdown by Type (2021-2026)
- 1.5.4 South America NdFeB Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa NdFeB Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 NdFeB Industry Trends
- 2.2 NdFeB Industry Drivers
- 2.3 NdFeB Industry Opportunities and Challenges
- 2.4 NdFeB Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by NdFeB Revenue (2021-2026)
- 3.2 Global Top Players by NdFeB Sales (2021-2026)
- 3.3 Global Top Players by NdFeB Price (2021-2026)
- 3.4 Global NdFeB Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global NdFeB Major Company Production Sites & Headquarters
- 3.6 Global NdFeB Company, Product Type & Application
- 3.7 Global NdFeB Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global NdFeB Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 NdFeB Players Market Share by Revenue in 2025
- 3.8.3 2025 NdFeB Tier 1, Tier 2, and Tier 3
4 NdFeB Regional Status and Outlook
- 4.1 Global NdFeB Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global NdFeB Historic Market Size by Region
- 4.2.1 Global NdFeB Sales in Volume by Region (2021-2026)
- 4.2.2 Global NdFeB Sales in Value by Region (2021-2026)
- 4.2.3 Global NdFeB Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global NdFeB Forecasted Market Size by Region
- 4.3.1 Global NdFeB Sales in Volume by Region (2027-2032)
- 4.3.2 Global NdFeB Sales in Value by Region (2027-2032)
- 4.3.3 Global NdFeB Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 NdFeB by Application
- 5.1 NdFeB Market by Application
- 5.1.1 Computer
- 5.1.2 Electronic Industrial
- 5.1.3 Office Automation Equipment
- 5.1.4 Auto Industrial
- 5.1.5 Other
- 5.2 Global NdFeB Market Size by Application
- 5.2.1 Global NdFeB Market Size Overview by Application (2021-2032)
- 5.2.2 Global NdFeB Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global NdFeB Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America NdFeB Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe NdFeB Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific NdFeB Sales Breakdown by Application (2021-2026)
- 5.3.4 South America NdFeB Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa NdFeB Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Hitachi Metals
- 6.1.1 Hitachi Metals Company Information
- 6.1.2 Hitachi Metals Business Overview
- 6.1.3 Hitachi Metals NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Hitachi Metals NdFeB Product Portfolio
- 6.1.5 Hitachi Metals Recent Developments
- 6.2 Shin-Etsu
- 6.2.1 Shin-Etsu Company Information
- 6.2.2 Shin-Etsu Business Overview
- 6.2.3 Shin-Etsu NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Shin-Etsu NdFeB Product Portfolio
- 6.2.5 Shin-Etsu Recent Developments
- 6.3 TDK
- 6.3.1 TDK Company Information
- 6.3.2 TDK Business Overview
- 6.3.3 TDK NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 TDK NdFeB Product Portfolio
- 6.3.5 TDK Recent Developments
- 6.4 VAC
- 6.4.1 VAC Company Information
- 6.4.2 VAC Business Overview
- 6.4.3 VAC NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 VAC NdFeB Product Portfolio
- 6.4.5 VAC Recent Developments
- 6.5 Zhong Ke San Huan
- 6.5.1 Zhong Ke San Huan Company Information
- 6.5.2 Zhong Ke San Huan Business Overview
- 6.5.3 Zhong Ke San Huan NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Zhong Ke San Huan NdFeB Product Portfolio
- 6.5.5 Zhong Ke San Huan Recent Developments
- 6.6 Yunsheng Company
- 6.6.1 Yunsheng Company Company Information
- 6.6.2 Yunsheng Company Business Overview
- 6.6.3 Yunsheng Company NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Yunsheng Company NdFeB Product Portfolio
- 6.6.5 Yunsheng Company Recent Developments
- 6.7 YSM
- 6.7.1 YSM Company Information
- 6.7.2 YSM Business Overview
- 6.7.3 YSM NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 YSM NdFeB Product Portfolio
- 6.7.5 YSM Recent Developments
- 6.8 JL MAG
- 6.8.1 JL MAG Company Information
- 6.8.2 JL MAG Business Overview
- 6.8.3 JL MAG NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 JL MAG NdFeB Product Portfolio
- 6.8.5 JL MAG Recent Developments
- 6.9 ZHmag
- 6.9.1 ZHmag Company Information
- 6.9.2 ZHmag Business Overview
- 6.9.3 ZHmag NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 ZHmag NdFeB Product Portfolio
- 6.9.5 ZHmag Recent Developments
- 6.10 Jingci Material Science
- 6.10.1 Jingci Material Science Company Information
- 6.10.2 Jingci Material Science Business Overview
- 6.10.3 Jingci Material Science NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Jingci Material Science NdFeB Product Portfolio
- 6.10.5 Jingci Material Science Recent Developments
- 6.11 AT&M
- 6.11.1 AT&M Company Information
- 6.11.2 AT&M Business Overview
- 6.11.3 AT&M NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 AT&M NdFeB Product Portfolio
- 6.11.5 AT&M Recent Developments
- 6.12 NBJJ
- 6.12.1 NBJJ Company Information
- 6.12.2 NBJJ Business Overview
- 6.12.3 NBJJ NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 NBJJ NdFeB Product Portfolio
- 6.12.5 NBJJ Recent Developments
- 6.13 Innuovo Magnetics
- 6.13.1 Innuovo Magnetics Company Information
- 6.13.2 Innuovo Magnetics Business Overview
- 6.13.3 Innuovo Magnetics NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Innuovo Magnetics NdFeB Product Portfolio
- 6.13.5 Innuovo Magnetics Recent Developments
- 6.14 SGM
- 6.14.1 SGM Company Information
- 6.14.2 SGM Business Overview
- 6.14.3 SGM NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 SGM NdFeB Product Portfolio
- 6.14.5 SGM Recent Developments
- 6.15 Galaxy Magnetic
- 6.15.1 Galaxy Magnetic Company Information
- 6.15.2 Galaxy Magnetic Business Overview
- 6.15.3 Galaxy Magnetic NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Galaxy Magnetic NdFeB Product Portfolio
- 6.15.5 Galaxy Magnetic Recent Developments
- 6.16 Zhongyuan Magnetic
- 6.16.1 Zhongyuan Magnetic Company Information
- 6.16.2 Zhongyuan Magnetic Business Overview
- 6.16.3 Zhongyuan Magnetic NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Zhongyuan Magnetic NdFeB Product Portfolio
- 6.16.5 Zhongyuan Magnetic Recent Developments
- 6.17 Earth- Panda
- 6.17.1 Earth- Panda Company Information
- 6.17.2 Earth- Panda Business Overview
- 6.17.3 Earth- Panda NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Earth- Panda NdFeB Product Portfolio
- 6.17.5 Earth- Panda Recent Developments
- 6.18 Magsuper
- 6.18.1 Magsuper Company Information
- 6.18.2 Magsuper Business Overview
- 6.18.3 Magsuper NdFeB Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Magsuper NdFeB Product Portfolio
- 6.18.5 Magsuper Recent Developments
7 North America by Country
- 7.1 North America NdFeB Sales by Country
- 7.1.1 North America NdFeB Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America NdFeB Sales by Country (2021-2026)
- 7.1.3 North America NdFeB Sales Forecast by Country (2027-2032)
- 7.2 North America NdFeB Market Size by Country
- 7.2.1 North America NdFeB Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America NdFeB Market Size by Country (2021-2026)
- 7.2.3 North America NdFeB Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe NdFeB Sales by Country
- 8.1.1 Europe NdFeB Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe NdFeB Sales by Country (2021-2026)
- 8.1.3 Europe NdFeB Sales Forecast by Country (2027-2032)
- 8.2 Europe NdFeB Market Size by Country
- 8.2.1 Europe NdFeB Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe NdFeB Market Size by Country (2021-2026)
- 8.2.3 Europe NdFeB Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific NdFeB Sales by Country
- 9.1.1 Asia-Pacific NdFeB Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific NdFeB Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific NdFeB Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific NdFeB Market Size by Country
- 9.2.1 Asia-Pacific NdFeB Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific NdFeB Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific NdFeB Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America NdFeB Sales by Country
- 10.1.1 South America NdFeB Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America NdFeB Sales by Country (2021-2026)
- 10.1.3 South America NdFeB Sales Forecast by Country (2027-2032)
- 10.2 South America NdFeB Market Size by Country
- 10.2.1 South America NdFeB Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America NdFeB Market Size by Country (2021-2026)
- 10.2.3 South America NdFeB Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa NdFeB Sales by Country
- 11.1.1 Middle East and Africa NdFeB Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa NdFeB Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa NdFeB Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa NdFeB Market Size by Country
- 11.2.1 Middle East and Africa NdFeB Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa NdFeB Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa NdFeB Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 NdFeB Value Chain Analysis
- 12.1.1 NdFeB Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 NdFeB Production Mode & Process
- 12.2 NdFeB Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 NdFeB Distributors
- 12.2.3 NdFeB Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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