Selected research
Industry Growth & Trends
Global HRE-free NdFeB Magnets Industry Growth and Trends Forecast to 2032
Market perspective
The global HRE-free NdFeB Magnets market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for HRE-free NdFeB Magnets is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for HRE-free NdFeB Magnets is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for HRE-free NdFeB Magnets is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of HRE-free NdFeB Magnets include TDK, Daido Electronics, e-VAC Magnetics, Ningbo Yunsheng, Yantai Zhenghai Magnetic Material, Ningbo Ketian Magnet, Newland Magnetics, SDM Magnetics and Bomatec AG, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global HRE-free NdFeB Magnets market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global HRE-free NdFeB Magnets 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.
HRE-free NdFeB Magnets Market by Company
TDK
Daido Electronics
e-VAC Magnetics
Ningbo Yunsheng
Yantai Zhenghai Magnetic Material
Ningbo Ketian Magnet
Newland Magnetics
SDM Magnetics
Bomatec AG
New Favor Industry Co., Ltd.
Tengye Magnetic
Aichi Steel
HRE-free NdFeB Magnets Segment by Type
Sintered HRE-free NdFeB Magnets
Bonded HRE-free NdFeB Magnets
HRE-free NdFeB Magnets Segment by Application
Electric Vehicles
Automotive Motors
Consumer Electronics
Industrial Motors
Wind Power
Other
HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets.
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 HRE-free NdFeB Magnets manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets
- Bonded HRE-free NdFeB Magnets
Applications
- Electric Vehicles
- Automotive Motors
- Consumer Electronics
- Industrial Motors
- Wind Power
- Other
Companies covered
- TDK
- Daido Electronics
- e-VAC Magnetics
- Ningbo Yunsheng
- Yantai Zhenghai Magnetic Material
- Ningbo Ketian Magnet
- Newland Magnetics
- SDM Magnetics
- Bomatec AG
- New Favor Industry Co., Ltd.
- Tengye Magnetic
- Aichi Steel
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global HRE-free NdFeB Magnets Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global HRE-free NdFeB Magnets Sales Estimates and Forecasts (2021-2032)
- 1.3 HRE-free NdFeB Magnets Market by Type
- 1.3.1 Sintered HRE-free NdFeB Magnets
- 1.3.2 Bonded HRE-free NdFeB Magnets
- 1.4 Global HRE-free NdFeB Magnets Market Size by Type
- 1.4.1 Global HRE-free NdFeB Magnets Market Size Overview by Type (2021-2032)
- 1.4.2 Global HRE-free NdFeB Magnets Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global HRE-free NdFeB Magnets Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America HRE-free NdFeB Magnets Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe HRE-free NdFeB Magnets Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific HRE-free NdFeB Magnets Sales Breakdown by Type (2021-2026)
- 1.5.4 South America HRE-free NdFeB Magnets Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa HRE-free NdFeB Magnets Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 HRE-free NdFeB Magnets Industry Trends
- 2.2 HRE-free NdFeB Magnets Industry Drivers
- 2.3 HRE-free NdFeB Magnets Industry Opportunities and Challenges
- 2.4 HRE-free NdFeB Magnets Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by HRE-free NdFeB Magnets Revenue (2021-2026)
- 3.2 Global Top Players by HRE-free NdFeB Magnets Sales (2021-2026)
- 3.3 Global Top Players by HRE-free NdFeB Magnets Price (2021-2026)
- 3.4 Global HRE-free NdFeB Magnets Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global HRE-free NdFeB Magnets Major Company Production Sites & Headquarters
- 3.6 Global HRE-free NdFeB Magnets Company, Product Type & Application
- 3.7 Global HRE-free NdFeB Magnets Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global HRE-free NdFeB Magnets Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 HRE-free NdFeB Magnets Players Market Share by Revenue in 2025
- 3.8.3 2025 HRE-free NdFeB Magnets Tier 1, Tier 2, and Tier 3
4 HRE-free NdFeB Magnets Regional Status and Outlook
- 4.1 Global HRE-free NdFeB Magnets Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global HRE-free NdFeB Magnets Historic Market Size by Region
- 4.2.1 Global HRE-free NdFeB Magnets Sales in Volume by Region (2021-2026)
- 4.2.2 Global HRE-free NdFeB Magnets Sales in Value by Region (2021-2026)
- 4.2.3 Global HRE-free NdFeB Magnets Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global HRE-free NdFeB Magnets Forecasted Market Size by Region
- 4.3.1 Global HRE-free NdFeB Magnets Sales in Volume by Region (2027-2032)
- 4.3.2 Global HRE-free NdFeB Magnets Sales in Value by Region (2027-2032)
- 4.3.3 Global HRE-free NdFeB Magnets Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 HRE-free NdFeB Magnets by Application
- 5.1 HRE-free NdFeB Magnets Market by Application
- 5.1.1 Electric Vehicles
- 5.1.2 Automotive Motors
- 5.1.3 Consumer Electronics
- 5.1.4 Industrial Motors
- 5.1.5 Wind Power
- 5.1.6 Other
- 5.2 Global HRE-free NdFeB Magnets Market Size by Application
- 5.2.1 Global HRE-free NdFeB Magnets Market Size Overview by Application (2021-2032)
- 5.2.2 Global HRE-free NdFeB Magnets Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global HRE-free NdFeB Magnets Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America HRE-free NdFeB Magnets Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe HRE-free NdFeB Magnets Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific HRE-free NdFeB Magnets Sales Breakdown by Application (2021-2026)
- 5.3.4 South America HRE-free NdFeB Magnets Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa HRE-free NdFeB Magnets Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 TDK
- 6.1.1 TDK Company Information
- 6.1.2 TDK Business Overview
- 6.1.3 TDK HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 TDK HRE-free NdFeB Magnets Product Portfolio
- 6.1.5 TDK Recent Developments
- 6.2 Daido Electronics
- 6.2.1 Daido Electronics Company Information
- 6.2.2 Daido Electronics Business Overview
- 6.2.3 Daido Electronics HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Daido Electronics HRE-free NdFeB Magnets Product Portfolio
- 6.2.5 Daido Electronics Recent Developments
- 6.3 e-VAC Magnetics
- 6.3.1 e-VAC Magnetics Company Information
- 6.3.2 e-VAC Magnetics Business Overview
- 6.3.3 e-VAC Magnetics HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 e-VAC Magnetics HRE-free NdFeB Magnets Product Portfolio
- 6.3.5 e-VAC Magnetics Recent Developments
- 6.4 Ningbo Yunsheng
- 6.4.1 Ningbo Yunsheng Company Information
- 6.4.2 Ningbo Yunsheng Business Overview
- 6.4.3 Ningbo Yunsheng HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Ningbo Yunsheng HRE-free NdFeB Magnets Product Portfolio
- 6.4.5 Ningbo Yunsheng Recent Developments
- 6.5 Yantai Zhenghai Magnetic Material
- 6.5.1 Yantai Zhenghai Magnetic Material Company Information
- 6.5.2 Yantai Zhenghai Magnetic Material Business Overview
- 6.5.3 Yantai Zhenghai Magnetic Material HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Yantai Zhenghai Magnetic Material HRE-free NdFeB Magnets Product Portfolio
- 6.5.5 Yantai Zhenghai Magnetic Material Recent Developments
- 6.6 Ningbo Ketian Magnet
- 6.6.1 Ningbo Ketian Magnet Company Information
- 6.6.2 Ningbo Ketian Magnet Business Overview
- 6.6.3 Ningbo Ketian Magnet HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Ningbo Ketian Magnet HRE-free NdFeB Magnets Product Portfolio
- 6.6.5 Ningbo Ketian Magnet Recent Developments
- 6.7 Newland Magnetics
- 6.7.1 Newland Magnetics Company Information
- 6.7.2 Newland Magnetics Business Overview
- 6.7.3 Newland Magnetics HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Newland Magnetics HRE-free NdFeB Magnets Product Portfolio
- 6.7.5 Newland Magnetics Recent Developments
- 6.8 SDM Magnetics
- 6.8.1 SDM Magnetics Company Information
- 6.8.2 SDM Magnetics Business Overview
- 6.8.3 SDM Magnetics HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 SDM Magnetics HRE-free NdFeB Magnets Product Portfolio
- 6.8.5 SDM Magnetics Recent Developments
- 6.9 Bomatec AG
- 6.9.1 Bomatec AG Company Information
- 6.9.2 Bomatec AG Business Overview
- 6.9.3 Bomatec AG HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Bomatec AG HRE-free NdFeB Magnets Product Portfolio
- 6.9.5 Bomatec AG Recent Developments
- 6.10 New Favor Industry Co., Ltd.
- 6.10.1 New Favor Industry Co., Ltd. Company Information
- 6.10.2 New Favor Industry Co., Ltd. Business Overview
- 6.10.3 New Favor Industry Co., Ltd. HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 New Favor Industry Co., Ltd. HRE-free NdFeB Magnets Product Portfolio
- 6.10.5 New Favor Industry Co., Ltd. Recent Developments
- 6.11 Tengye Magnetic
- 6.11.1 Tengye Magnetic Company Information
- 6.11.2 Tengye Magnetic Business Overview
- 6.11.3 Tengye Magnetic HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Tengye Magnetic HRE-free NdFeB Magnets Product Portfolio
- 6.11.5 Tengye Magnetic Recent Developments
- 6.12 Aichi Steel
- 6.12.1 Aichi Steel Company Information
- 6.12.2 Aichi Steel Business Overview
- 6.12.3 Aichi Steel HRE-free NdFeB Magnets Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Aichi Steel HRE-free NdFeB Magnets Product Portfolio
- 6.12.5 Aichi Steel Recent Developments
7 North America by Country
- 7.1 North America HRE-free NdFeB Magnets Sales by Country
- 7.1.1 North America HRE-free NdFeB Magnets Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America HRE-free NdFeB Magnets Sales by Country (2021-2026)
- 7.1.3 North America HRE-free NdFeB Magnets Sales Forecast by Country (2027-2032)
- 7.2 North America HRE-free NdFeB Magnets Market Size by Country
- 7.2.1 North America HRE-free NdFeB Magnets Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America HRE-free NdFeB Magnets Market Size by Country (2021-2026)
- 7.2.3 North America HRE-free NdFeB Magnets Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe HRE-free NdFeB Magnets Sales by Country
- 8.1.1 Europe HRE-free NdFeB Magnets Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe HRE-free NdFeB Magnets Sales by Country (2021-2026)
- 8.1.3 Europe HRE-free NdFeB Magnets Sales Forecast by Country (2027-2032)
- 8.2 Europe HRE-free NdFeB Magnets Market Size by Country
- 8.2.1 Europe HRE-free NdFeB Magnets Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe HRE-free NdFeB Magnets Market Size by Country (2021-2026)
- 8.2.3 Europe HRE-free NdFeB Magnets Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific HRE-free NdFeB Magnets Sales by Country
- 9.1.1 Asia-Pacific HRE-free NdFeB Magnets Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific HRE-free NdFeB Magnets Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific HRE-free NdFeB Magnets Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific HRE-free NdFeB Magnets Market Size by Country
- 9.2.1 Asia-Pacific HRE-free NdFeB Magnets Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific HRE-free NdFeB Magnets Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific HRE-free NdFeB Magnets Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America HRE-free NdFeB Magnets Sales by Country
- 10.1.1 South America HRE-free NdFeB Magnets Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America HRE-free NdFeB Magnets Sales by Country (2021-2026)
- 10.1.3 South America HRE-free NdFeB Magnets Sales Forecast by Country (2027-2032)
- 10.2 South America HRE-free NdFeB Magnets Market Size by Country
- 10.2.1 South America HRE-free NdFeB Magnets Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America HRE-free NdFeB Magnets Market Size by Country (2021-2026)
- 10.2.3 South America HRE-free NdFeB Magnets Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa HRE-free NdFeB Magnets Sales by Country
- 11.1.1 Middle East and Africa HRE-free NdFeB Magnets Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa HRE-free NdFeB Magnets Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa HRE-free NdFeB Magnets Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa HRE-free NdFeB Magnets Market Size by Country
- 11.2.1 Middle East and Africa HRE-free NdFeB Magnets Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa HRE-free NdFeB Magnets Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa HRE-free NdFeB Magnets Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 HRE-free NdFeB Magnets Value Chain Analysis
- 12.1.1 HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets Production Mode & Process
- 12.2 HRE-free NdFeB Magnets Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 HRE-free NdFeB Magnets Distributors
- 12.2.3 HRE-free NdFeB Magnets 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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