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 Research
NdFeB Industry Research Report 2026
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 quantifies the global NdFeB market in revenue (US$ million) and, where applicable, sales volume (t), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/t) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to NdFeB.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of NdFeB manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of NdFeB by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of NdFeB in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 NdFeB by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Sintered Nd-Fe-B Magnet
- 2.2.3 Bonded Nd-Fe-B Magnets
- 2.2.4 Hot Pressed NdFeB Magnets
- 2.3 NdFeB by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Computer
- 2.3.3 Electronic Industrial
- 2.3.4 Office Automation Equipment
- 2.3.5 Auto Industrial
- 2.3.6 Other
- 2.4 Global Market Growth Prospects
- 2.4.1 Global NdFeB Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global NdFeB Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global NdFeB Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global NdFeB Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global NdFeB Production by Manufacturers (2021-2026)
- 3.2 Global NdFeB Production Value by Manufacturers (2021-2026)
- 3.3 Global NdFeB Average Price by Manufacturers (2021-2026)
- 3.4 Global NdFeB Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global NdFeB Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global NdFeB Manufacturers, Product Type & Application
- 3.7 Global NdFeB Manufacturers Established Date
- 3.8 Global NdFeB Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Hitachi Metals
- 4.1.1 Hitachi Metals NdFeB Company Information
- 4.1.2 Hitachi Metals NdFeB Business Overview
- 4.1.3 Hitachi Metals NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Hitachi Metals Product Portfolio
- 4.1.5 Hitachi Metals Recent Developments
- 4.2 Shin-Etsu
- 4.2.1 Shin-Etsu NdFeB Company Information
- 4.2.2 Shin-Etsu NdFeB Business Overview
- 4.2.3 Shin-Etsu NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Shin-Etsu Product Portfolio
- 4.2.5 Shin-Etsu Recent Developments
- 4.3 TDK
- 4.3.1 TDK NdFeB Company Information
- 4.3.2 TDK NdFeB Business Overview
- 4.3.3 TDK NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 TDK Product Portfolio
- 4.3.5 TDK Recent Developments
- 4.4 VAC
- 4.4.1 VAC NdFeB Company Information
- 4.4.2 VAC NdFeB Business Overview
- 4.4.3 VAC NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 VAC Product Portfolio
- 4.4.5 VAC Recent Developments
- 4.5 Zhong Ke San Huan
- 4.5.1 Zhong Ke San Huan NdFeB Company Information
- 4.5.2 Zhong Ke San Huan NdFeB Business Overview
- 4.5.3 Zhong Ke San Huan NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Zhong Ke San Huan Product Portfolio
- 4.5.5 Zhong Ke San Huan Recent Developments
- 4.6 Yunsheng Company
- 4.6.1 Yunsheng Company NdFeB Company Information
- 4.6.2 Yunsheng Company NdFeB Business Overview
- 4.6.3 Yunsheng Company NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Yunsheng Company Product Portfolio
- 4.6.5 Yunsheng Company Recent Developments
- 4.7 YSM
- 4.7.1 YSM NdFeB Company Information
- 4.7.2 YSM NdFeB Business Overview
- 4.7.3 YSM NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 YSM Product Portfolio
- 4.7.5 YSM Recent Developments
- 4.8 JL MAG
- 4.8.1 JL MAG NdFeB Company Information
- 4.8.2 JL MAG NdFeB Business Overview
- 4.8.3 JL MAG NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 JL MAG Product Portfolio
- 4.8.5 JL MAG Recent Developments
- 4.9 ZHmag
- 4.9.1 ZHmag NdFeB Company Information
- 4.9.2 ZHmag NdFeB Business Overview
- 4.9.3 ZHmag NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 ZHmag Product Portfolio
- 4.9.5 ZHmag Recent Developments
- 4.10 Jingci Material Science
- 4.10.1 Jingci Material Science NdFeB Company Information
- 4.10.2 Jingci Material Science NdFeB Business Overview
- 4.10.3 Jingci Material Science NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Jingci Material Science Product Portfolio
- 4.10.5 Jingci Material Science Recent Developments
- 4.11 AT&M
- 4.11.1 AT&M NdFeB Company Information
- 4.11.2 AT&M NdFeB Business Overview
- 4.11.3 AT&M NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 AT&M Product Portfolio
- 4.11.5 AT&M Recent Developments
- 4.12 NBJJ
- 4.12.1 NBJJ NdFeB Company Information
- 4.12.2 NBJJ NdFeB Business Overview
- 4.12.3 NBJJ NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 NBJJ Product Portfolio
- 4.12.5 NBJJ Recent Developments
- 4.13 Innuovo Magnetics
- 4.13.1 Innuovo Magnetics NdFeB Company Information
- 4.13.2 Innuovo Magnetics NdFeB Business Overview
- 4.13.3 Innuovo Magnetics NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Innuovo Magnetics Product Portfolio
- 4.13.5 Innuovo Magnetics Recent Developments
- 4.14 SGM
- 4.14.1 SGM NdFeB Company Information
- 4.14.2 SGM NdFeB Business Overview
- 4.14.3 SGM NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 SGM Product Portfolio
- 4.14.5 SGM Recent Developments
- 4.15 Galaxy Magnetic
- 4.15.1 Galaxy Magnetic NdFeB Company Information
- 4.15.2 Galaxy Magnetic NdFeB Business Overview
- 4.15.3 Galaxy Magnetic NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Galaxy Magnetic Product Portfolio
- 4.15.5 Galaxy Magnetic Recent Developments
- 4.16 Zhongyuan Magnetic
- 4.16.1 Zhongyuan Magnetic NdFeB Company Information
- 4.16.2 Zhongyuan Magnetic NdFeB Business Overview
- 4.16.3 Zhongyuan Magnetic NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Zhongyuan Magnetic Product Portfolio
- 4.16.5 Zhongyuan Magnetic Recent Developments
- 4.17 Earth- Panda
- 4.17.1 Earth- Panda NdFeB Company Information
- 4.17.2 Earth- Panda NdFeB Business Overview
- 4.17.3 Earth- Panda NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Earth- Panda Product Portfolio
- 4.17.5 Earth- Panda Recent Developments
- 4.18 Magsuper
- 4.18.1 Magsuper NdFeB Company Information
- 4.18.2 Magsuper NdFeB Business Overview
- 4.18.3 Magsuper NdFeB Production Capacity, Value and Gross Margin (2021-2026)
- 4.18.4 Magsuper Product Portfolio
- 4.18.5 Magsuper Recent Developments
5 Global NdFeB Production by Region
- 5.1 Global NdFeB Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global NdFeB Production by Region: 2021-2032
- 5.2.1 Global NdFeB Production by Region: 2021-2026
- 5.2.2 Global NdFeB Production Forecast by Region (2027-2032)
- 5.3 Global NdFeB Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global NdFeB Production Value by Region: 2021-2032
- 5.4.1 Global NdFeB Production Value by Region: 2021-2026
- 5.4.2 Global NdFeB Production Value Forecast by Region (2027-2032)
- 5.5 Global NdFeB Market Price Analysis by Region (2021-2026)
- 5.6 Global NdFeB Production and Value, YOY Growth
- 5.6.1 North America NdFeB Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe NdFeB Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China NdFeB Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan NdFeB Production Value Estimates and Forecasts (2021-2032)
6 Global NdFeB Consumption by Region
- 6.1 Global NdFeB Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global NdFeB Consumption by Region (2021-2032)
- 6.2.1 Global NdFeB Consumption by Region: 2021-2026
- 6.2.2 Global NdFeB Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America NdFeB Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America NdFeB Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe NdFeB Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe NdFeB Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific NdFeB Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific NdFeB Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa NdFeB Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa NdFeB Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global NdFeB Production by Type (2021-2032)
- 7.1.1 Global NdFeB Production by Type (2021-2032) & (t)
- 7.1.2 Global NdFeB Production Market Share by Type (2021-2032)
- 7.2 Global NdFeB Production Value by Type (2021-2032)
- 7.2.1 Global NdFeB Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global NdFeB Production Value Market Share by Type (2021-2032)
- 7.3 Global NdFeB Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global NdFeB Production by Application (2021-2032)
- 8.1.1 Global NdFeB Production by Application (2021-2032) & (t)
- 8.1.2 Global NdFeB Production Market Share by Application (2021-2032)
- 8.2 Global NdFeB Production Value by Application (2021-2032)
- 8.2.1 Global NdFeB Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global NdFeB Production Value Market Share by Application (2021-2032)
- 8.3 Global NdFeB Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 NdFeB Value Chain Analysis
- 9.1.1 NdFeB Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 NdFeB Production Mode & Process
- 9.2 NdFeB Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 NdFeB Distributors
- 9.2.3 NdFeB Customers
10 Global NdFeB Analyzing Market Dynamics
- 10.1 NdFeB Industry Trends
- 10.2 NdFeB Industry Drivers
- 10.3 NdFeB Industry Opportunities and Challenges
- 10.4 NdFeB Industry Restraints
11 Report Conclusion
12 Disclaimer
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