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HRE-free NdFeB Magnets Industry Research Report 2026
Market perspective
The global HRE-free NdFeB Magnets market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for HRE-free NdFeB Magnets is forecast 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 rise 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 expected to grow 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 , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets.
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.
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: 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 HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets 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 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 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 HRE-free NdFeB Magnets by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Sintered HRE-free NdFeB Magnets
- 2.2.3 Bonded HRE-free NdFeB Magnets
- 2.3 HRE-free NdFeB Magnets by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Electric Vehicles
- 2.3.3 Automotive Motors
- 2.3.4 Consumer Electronics
- 2.3.5 Industrial Motors
- 2.3.6 Wind Power
- 2.3.7 Other
- 2.4 Global Market Growth Prospects
- 2.4.1 Global HRE-free NdFeB Magnets Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global HRE-free NdFeB Magnets Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global HRE-free NdFeB Magnets Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global HRE-free NdFeB Magnets Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global HRE-free NdFeB Magnets Production by Manufacturers (2021-2026)
- 3.2 Global HRE-free NdFeB Magnets Production Value by Manufacturers (2021-2026)
- 3.3 Global HRE-free NdFeB Magnets Average Price by Manufacturers (2021-2026)
- 3.4 Global HRE-free NdFeB Magnets Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global HRE-free NdFeB Magnets Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global HRE-free NdFeB Magnets Manufacturers, Product Type & Application
- 3.7 Global HRE-free NdFeB Magnets Manufacturers Established Date
- 3.8 Global HRE-free NdFeB Magnets Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 TDK
- 4.1.1 TDK HRE-free NdFeB Magnets Company Information
- 4.1.2 TDK HRE-free NdFeB Magnets Business Overview
- 4.1.3 TDK HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 TDK Product Portfolio
- 4.1.5 TDK Recent Developments
- 4.2 Daido Electronics
- 4.2.1 Daido Electronics HRE-free NdFeB Magnets Company Information
- 4.2.2 Daido Electronics HRE-free NdFeB Magnets Business Overview
- 4.2.3 Daido Electronics HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Daido Electronics Product Portfolio
- 4.2.5 Daido Electronics Recent Developments
- 4.3 e-VAC Magnetics
- 4.3.1 e-VAC Magnetics HRE-free NdFeB Magnets Company Information
- 4.3.2 e-VAC Magnetics HRE-free NdFeB Magnets Business Overview
- 4.3.3 e-VAC Magnetics HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 e-VAC Magnetics Product Portfolio
- 4.3.5 e-VAC Magnetics Recent Developments
- 4.4 Ningbo Yunsheng
- 4.4.1 Ningbo Yunsheng HRE-free NdFeB Magnets Company Information
- 4.4.2 Ningbo Yunsheng HRE-free NdFeB Magnets Business Overview
- 4.4.3 Ningbo Yunsheng HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Ningbo Yunsheng Product Portfolio
- 4.4.5 Ningbo Yunsheng Recent Developments
- 4.5 Yantai Zhenghai Magnetic Material
- 4.5.1 Yantai Zhenghai Magnetic Material HRE-free NdFeB Magnets Company Information
- 4.5.2 Yantai Zhenghai Magnetic Material HRE-free NdFeB Magnets Business Overview
- 4.5.3 Yantai Zhenghai Magnetic Material HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Yantai Zhenghai Magnetic Material Product Portfolio
- 4.5.5 Yantai Zhenghai Magnetic Material Recent Developments
- 4.6 Ningbo Ketian Magnet
- 4.6.1 Ningbo Ketian Magnet HRE-free NdFeB Magnets Company Information
- 4.6.2 Ningbo Ketian Magnet HRE-free NdFeB Magnets Business Overview
- 4.6.3 Ningbo Ketian Magnet HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Ningbo Ketian Magnet Product Portfolio
- 4.6.5 Ningbo Ketian Magnet Recent Developments
- 4.7 Newland Magnetics
- 4.7.1 Newland Magnetics HRE-free NdFeB Magnets Company Information
- 4.7.2 Newland Magnetics HRE-free NdFeB Magnets Business Overview
- 4.7.3 Newland Magnetics HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Newland Magnetics Product Portfolio
- 4.7.5 Newland Magnetics Recent Developments
- 4.8 SDM Magnetics
- 4.8.1 SDM Magnetics HRE-free NdFeB Magnets Company Information
- 4.8.2 SDM Magnetics HRE-free NdFeB Magnets Business Overview
- 4.8.3 SDM Magnetics HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 SDM Magnetics Product Portfolio
- 4.8.5 SDM Magnetics Recent Developments
- 4.9 Bomatec AG
- 4.9.1 Bomatec AG HRE-free NdFeB Magnets Company Information
- 4.9.2 Bomatec AG HRE-free NdFeB Magnets Business Overview
- 4.9.3 Bomatec AG HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Bomatec AG Product Portfolio
- 4.9.5 Bomatec AG Recent Developments
- 4.10 New Favor Industry Co., Ltd.
- 4.10.1 New Favor Industry Co., Ltd. HRE-free NdFeB Magnets Company Information
- 4.10.2 New Favor Industry Co., Ltd. HRE-free NdFeB Magnets Business Overview
- 4.10.3 New Favor Industry Co., Ltd. HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 New Favor Industry Co., Ltd. Product Portfolio
- 4.10.5 New Favor Industry Co., Ltd. Recent Developments
- 4.11 Tengye Magnetic
- 4.11.1 Tengye Magnetic HRE-free NdFeB Magnets Company Information
- 4.11.2 Tengye Magnetic HRE-free NdFeB Magnets Business Overview
- 4.11.3 Tengye Magnetic HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Tengye Magnetic Product Portfolio
- 4.11.5 Tengye Magnetic Recent Developments
- 4.12 Aichi Steel
- 4.12.1 Aichi Steel HRE-free NdFeB Magnets Company Information
- 4.12.2 Aichi Steel HRE-free NdFeB Magnets Business Overview
- 4.12.3 Aichi Steel HRE-free NdFeB Magnets Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Aichi Steel Product Portfolio
- 4.12.5 Aichi Steel Recent Developments
5 Global HRE-free NdFeB Magnets Production by Region
- 5.1 Global HRE-free NdFeB Magnets Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global HRE-free NdFeB Magnets Production by Region: 2021-2032
- 5.2.1 Global HRE-free NdFeB Magnets Production by Region: 2021-2026
- 5.2.2 Global HRE-free NdFeB Magnets Production Forecast by Region (2027-2032)
- 5.3 Global HRE-free NdFeB Magnets Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global HRE-free NdFeB Magnets Production Value by Region: 2021-2032
- 5.4.1 Global HRE-free NdFeB Magnets Production Value by Region: 2021-2026
- 5.4.2 Global HRE-free NdFeB Magnets Production Value Forecast by Region (2027-2032)
- 5.5 Global HRE-free NdFeB Magnets Market Price Analysis by Region (2021-2026)
- 5.6 Global HRE-free NdFeB Magnets Production and Value, YOY Growth
- 5.6.1 North America HRE-free NdFeB Magnets Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe HRE-free NdFeB Magnets Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China HRE-free NdFeB Magnets Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan HRE-free NdFeB Magnets Production Value Estimates and Forecasts (2021-2032)
6 Global HRE-free NdFeB Magnets Consumption by Region
- 6.1 Global HRE-free NdFeB Magnets Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global HRE-free NdFeB Magnets Consumption by Region (2021-2032)
- 6.2.1 Global HRE-free NdFeB Magnets Consumption by Region: 2021-2026
- 6.2.2 Global HRE-free NdFeB Magnets Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America HRE-free NdFeB Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa HRE-free NdFeB Magnets 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 HRE-free NdFeB Magnets Production by Type (2021-2032)
- 7.1.1 Global HRE-free NdFeB Magnets Production by Type (2021-2032) & (t)
- 7.1.2 Global HRE-free NdFeB Magnets Production Market Share by Type (2021-2032)
- 7.2 Global HRE-free NdFeB Magnets Production Value by Type (2021-2032)
- 7.2.1 Global HRE-free NdFeB Magnets Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global HRE-free NdFeB Magnets Production Value Market Share by Type (2021-2032)
- 7.3 Global HRE-free NdFeB Magnets Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global HRE-free NdFeB Magnets Production by Application (2021-2032)
- 8.1.1 Global HRE-free NdFeB Magnets Production by Application (2021-2032) & (t)
- 8.1.2 Global HRE-free NdFeB Magnets Production Market Share by Application (2021-2032)
- 8.2 Global HRE-free NdFeB Magnets Production Value by Application (2021-2032)
- 8.2.1 Global HRE-free NdFeB Magnets Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global HRE-free NdFeB Magnets Production Value Market Share by Application (2021-2032)
- 8.3 Global HRE-free NdFeB Magnets Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 HRE-free NdFeB Magnets Value Chain Analysis
- 9.1.1 HRE-free NdFeB Magnets Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 HRE-free NdFeB Magnets Production Mode & Process
- 9.2 HRE-free NdFeB Magnets Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 HRE-free NdFeB Magnets Distributors
- 9.2.3 HRE-free NdFeB Magnets Customers
10 Global HRE-free NdFeB Magnets Analyzing Market Dynamics
- 10.1 HRE-free NdFeB Magnets Industry Trends
- 10.2 HRE-free NdFeB Magnets Industry Drivers
- 10.3 HRE-free NdFeB Magnets Industry Opportunities and Challenges
- 10.4 HRE-free NdFeB Magnets Industry Restraints
11 Report Conclusion
12 Disclaimer
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