APO RESEARCH · REPORT
Neodymium Magnet
Neodymium Magnet is 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.
Product & engineering
Understand the product.
Neodymium Magnet is 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.
Selected research
Industry Research
Neodymium Magnet Industry Research Report 2026
Market perspective
Neodymium Magnet is 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.
The major players in global Neodymium Magnet market include Beijing Zhong Ke San Huan Hi-Tech, Hitachi Metals Group, Shin-Etsu, etc. The top 3 players occupy about 20% shares of the global market. Asia-Pacific is the main market, and occupies about 80% of the global market. Sintered Neodymium Magnet is the main type, with a share about 90%. Automotive other than EV and Consumer Goods and Electronics are main applications, which hold a share about 50%.
Report Scope
Read the full market overview
This report quantifies the global Neodymium Magnet market in revenue (US$ million) and, where applicable, sales volume (MT), 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$/MT) 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 Neodymium Magnet.
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.
Neodymium Magnet Market by Company
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
AT&M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Industry Limited
Earth- Panda
Magsuper
Daido Electronics
Tianhe Magnetics
Neodymium Magnet Segment by Type
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Others
Neodymium Magnet Segment by Application
EV (Electric Vehicle)
Automotive other than EV
Air Conditioning
Aerospace and Defense
Wind Energy
Consumer Goods and Electronics
Industrial Machinery
Others
Neodymium Magnet 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 Neodymium Magnet 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 Neodymium Magnet 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 Neodymium Magnet.
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 Neodymium Magnet 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 Neodymium Magnet 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 Neodymium Magnet 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 Neodymium Magnet
- Bonded Neodymium Magnet
- Others
Applications
- EV (Electric Vehicle)
- Automotive other than EV
- Air Conditioning
- Aerospace and Defense
- Wind Energy
- Consumer Goods and Electronics
- Industrial Machinery
- Others
Companies covered
- Hitachi Metals Group
- Shin-Etsu
- TDK
- VAC
- Beijing Zhong Ke San Huan Hi-Tech
- Yunsheng Company
- YSM
- JL MAG
- ZHmag
- Jingci Material Science
- AT&M
- NBJJ
- Innuovo Magnetics
- SGM
- Galaxy Magnetic
- Zhejiang Zhongyuan Magnetic Industry Limited
- Earth- Panda
- Magsuper
- Daido Electronics
- Tianhe Magnetics
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 Neodymium Magnet by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Sintered Neodymium Magnet
- 2.2.3 Bonded Neodymium Magnet
- 2.2.4 Others
- 2.3 Neodymium Magnet by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 EV (Electric Vehicle)
- 2.3.3 Automotive other than EV
- 2.3.4 Air Conditioning
- 2.3.5 Aerospace and Defense
- 2.3.6 Wind Energy
- 2.3.7 Consumer Goods and Electronics
- 2.3.8 Industrial Machinery
- 2.3.9 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Neodymium Magnet Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Neodymium Magnet Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Neodymium Magnet Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Neodymium Magnet Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Neodymium Magnet Production by Manufacturers (2021-2026)
- 3.2 Global Neodymium Magnet Production Value by Manufacturers (2021-2026)
- 3.3 Global Neodymium Magnet Average Price by Manufacturers (2021-2026)
- 3.4 Global Neodymium Magnet Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Neodymium Magnet Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Neodymium Magnet Manufacturers, Product Type & Application
- 3.7 Global Neodymium Magnet Manufacturers Established Date
- 3.8 Global Neodymium Magnet Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Hitachi Metals Group
- 4.1.1 Hitachi Metals Group Neodymium Magnet Company Information
- 4.1.2 Hitachi Metals Group Neodymium Magnet Business Overview
- 4.1.3 Hitachi Metals Group Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Hitachi Metals Group Product Portfolio
- 4.1.5 Hitachi Metals Group Recent Developments
- 4.2 Shin-Etsu
- 4.2.1 Shin-Etsu Neodymium Magnet Company Information
- 4.2.2 Shin-Etsu Neodymium Magnet Business Overview
- 4.2.3 Shin-Etsu Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.3.2 TDK Neodymium Magnet Business Overview
- 4.3.3 TDK Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.4.2 VAC Neodymium Magnet Business Overview
- 4.4.3 VAC Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 VAC Product Portfolio
- 4.4.5 VAC Recent Developments
- 4.5 Beijing Zhong Ke San Huan Hi-Tech
- 4.5.1 Beijing Zhong Ke San Huan Hi-Tech Neodymium Magnet Company Information
- 4.5.2 Beijing Zhong Ke San Huan Hi-Tech Neodymium Magnet Business Overview
- 4.5.3 Beijing Zhong Ke San Huan Hi-Tech Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Beijing Zhong Ke San Huan Hi-Tech Product Portfolio
- 4.5.5 Beijing Zhong Ke San Huan Hi-Tech Recent Developments
- 4.6 Yunsheng Company
- 4.6.1 Yunsheng Company Neodymium Magnet Company Information
- 4.6.2 Yunsheng Company Neodymium Magnet Business Overview
- 4.6.3 Yunsheng Company Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.7.2 YSM Neodymium Magnet Business Overview
- 4.7.3 YSM Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.8.2 JL MAG Neodymium Magnet Business Overview
- 4.8.3 JL MAG Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.9.2 ZHmag Neodymium Magnet Business Overview
- 4.9.3 ZHmag Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.10.2 Jingci Material Science Neodymium Magnet Business Overview
- 4.10.3 Jingci Material Science Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.11.2 AT&M Neodymium Magnet Business Overview
- 4.11.3 AT&M Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.12.2 NBJJ Neodymium Magnet Business Overview
- 4.12.3 NBJJ Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.13.2 Innuovo Magnetics Neodymium Magnet Business Overview
- 4.13.3 Innuovo Magnetics Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.14.2 SGM Neodymium Magnet Business Overview
- 4.14.3 SGM Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.15.2 Galaxy Magnetic Neodymium Magnet Business Overview
- 4.15.3 Galaxy Magnetic Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Galaxy Magnetic Product Portfolio
- 4.15.5 Galaxy Magnetic Recent Developments
- 4.16 Zhejiang Zhongyuan Magnetic Industry Limited
- 4.16.1 Zhejiang Zhongyuan Magnetic Industry Limited Neodymium Magnet Company Information
- 4.16.2 Zhejiang Zhongyuan Magnetic Industry Limited Neodymium Magnet Business Overview
- 4.16.3 Zhejiang Zhongyuan Magnetic Industry Limited Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Zhejiang Zhongyuan Magnetic Industry Limited Product Portfolio
- 4.16.5 Zhejiang Zhongyuan Magnetic Industry Limited Recent Developments
- 4.17 Earth- Panda
- 4.17.1 Earth- Panda Neodymium Magnet Company Information
- 4.17.2 Earth- Panda Neodymium Magnet Business Overview
- 4.17.3 Earth- Panda Neodymium Magnet 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 Neodymium Magnet Company Information
- 4.18.2 Magsuper Neodymium Magnet Business Overview
- 4.18.3 Magsuper Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.18.4 Magsuper Product Portfolio
- 4.18.5 Magsuper Recent Developments
- 4.19 Daido Electronics
- 4.19.1 Daido Electronics Neodymium Magnet Company Information
- 4.19.2 Daido Electronics Neodymium Magnet Business Overview
- 4.19.3 Daido Electronics Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.19.4 Daido Electronics Product Portfolio
- 4.19.5 Daido Electronics Recent Developments
- 4.20 Tianhe Magnetics
- 4.20.1 Tianhe Magnetics Neodymium Magnet Company Information
- 4.20.2 Tianhe Magnetics Neodymium Magnet Business Overview
- 4.20.3 Tianhe Magnetics Neodymium Magnet Production Capacity, Value and Gross Margin (2021-2026)
- 4.20.4 Tianhe Magnetics Product Portfolio
- 4.20.5 Tianhe Magnetics Recent Developments
5 Global Neodymium Magnet Production by Region
- 5.1 Global Neodymium Magnet Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Neodymium Magnet Production by Region: 2021-2032
- 5.2.1 Global Neodymium Magnet Production by Region: 2021-2026
- 5.2.2 Global Neodymium Magnet Production Forecast by Region (2027-2032)
- 5.3 Global Neodymium Magnet Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Neodymium Magnet Production Value by Region: 2021-2032
- 5.4.1 Global Neodymium Magnet Production Value by Region: 2021-2026
- 5.4.2 Global Neodymium Magnet Production Value Forecast by Region (2027-2032)
- 5.5 Global Neodymium Magnet Market Price Analysis by Region (2021-2026)
- 5.6 Global Neodymium Magnet Production and Value, YOY Growth
- 5.6.1 North America Neodymium Magnet Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Neodymium Magnet Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Neodymium Magnet Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Neodymium Magnet Production Value Estimates and Forecasts (2021-2032)
6 Global Neodymium Magnet Consumption by Region
- 6.1 Global Neodymium Magnet Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Neodymium Magnet Consumption by Region (2021-2032)
- 6.2.1 Global Neodymium Magnet Consumption by Region: 2021-2026
- 6.2.2 Global Neodymium Magnet Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Neodymium Magnet 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 Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Neodymium Magnet 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 Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Neodymium Magnet 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 Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Neodymium Magnet 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 Neodymium Magnet Production by Type (2021-2032)
- 7.1.1 Global Neodymium Magnet Production by Type (2021-2032) & (MT)
- 7.1.2 Global Neodymium Magnet Production Market Share by Type (2021-2032)
- 7.2 Global Neodymium Magnet Production Value by Type (2021-2032)
- 7.2.1 Global Neodymium Magnet Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Neodymium Magnet Production Value Market Share by Type (2021-2032)
- 7.3 Global Neodymium Magnet Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Neodymium Magnet Production by Application (2021-2032)
- 8.1.1 Global Neodymium Magnet Production by Application (2021-2032) & (MT)
- 8.1.2 Global Neodymium Magnet Production Market Share by Application (2021-2032)
- 8.2 Global Neodymium Magnet Production Value by Application (2021-2032)
- 8.2.1 Global Neodymium Magnet Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Neodymium Magnet Production Value Market Share by Application (2021-2032)
- 8.3 Global Neodymium Magnet Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Neodymium Magnet Value Chain Analysis
- 9.1.1 Neodymium Magnet Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Neodymium Magnet Production Mode & Process
- 9.2 Neodymium Magnet Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Neodymium Magnet Distributors
- 9.2.3 Neodymium Magnet Customers
10 Global Neodymium Magnet Analyzing Market Dynamics
- 10.1 Neodymium Magnet Industry Trends
- 10.2 Neodymium Magnet Industry Drivers
- 10.3 Neodymium Magnet Industry Opportunities and Challenges
- 10.4 Neodymium Magnet Industry Restraints
11 Report Conclusion
12 Disclaimer
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