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
Market Structure
Global Neodymium Magnet Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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%.
The report provides an overview of the global Neodymium Magnet market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of Neodymium Magnet and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Neodymium Magnet sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Neodymium Magnet market size, projected growth trends, production technologies, key applications, and end-use industries.
Neodymium Magnet Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Neodymium Magnet market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Neodymium Magnet industry.
Chapter 3: Detailed analysis of Neodymium Magnet market competition landscape. Including Neodymium Magnet manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Neodymium Magnet by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Neodymium Magnet Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Neodymium Magnet Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Neodymium Magnet Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Neodymium Magnet Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Neodymium Magnet Market Dynamics
- 2.1 Neodymium Magnet Industry Trends
- 2.2 Neodymium Magnet Industry Drivers
- 2.3 Neodymium Magnet Industry Opportunities and Challenges
- 2.4 Neodymium Magnet Industry Restraints
3 Neodymium Magnet Market by Manufacturers
- 3.1 Global Neodymium Magnet Production Value by Manufacturers (2021-2026)
- 3.2 Global Neodymium Magnet Production 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 Market Competitive Analysis
- 3.8.1 Global Neodymium Magnet Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Neodymium Magnet Players Market Share by Production Value in 2025
- 3.8.3 2025 Neodymium Magnet Tier 1, Tier 2, and Tier 3
4 Neodymium Magnet Market by Type
- 4.1 Neodymium Magnet Type Introduction
- 4.1.1 Sintered Neodymium Magnet
- 4.1.2 Bonded Neodymium Magnet
- 4.1.3 Others
- 4.2 Global Neodymium Magnet Production by Type
- 4.2.1 Global Neodymium Magnet Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Neodymium Magnet Production by Type (2021-2032)
- 4.2.3 Global Neodymium Magnet Production Market Share by Type (2021-2032)
- 4.3 Global Neodymium Magnet Production Value by Type
- 4.3.1 Global Neodymium Magnet Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Neodymium Magnet Production Value by Type (2021-2032)
- 4.3.3 Global Neodymium Magnet Production Value Market Share by Type (2021-2032)
5 Neodymium Magnet Market by Application
- 5.1 Neodymium Magnet Application Introduction
- 5.1.1 EV (Electric Vehicle)
- 5.1.2 Automotive other than EV
- 5.1.3 Air Conditioning
- 5.1.4 Aerospace and Defense
- 5.1.5 Wind Energy
- 5.1.6 Consumer Goods and Electronics
- 5.1.7 Industrial Machinery
- 5.1.8 Others
- 5.2 Global Neodymium Magnet Production by Application
- 5.2.1 Global Neodymium Magnet Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Neodymium Magnet Production by Application (2021-2032)
- 5.2.3 Global Neodymium Magnet Production Market Share by Application (2021-2032)
- 5.3 Global Neodymium Magnet Production Value by Application
- 5.3.1 Global Neodymium Magnet Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Neodymium Magnet Production Value by Application (2021-2032)
- 5.3.3 Global Neodymium Magnet Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Hitachi Metals Group
- 6.1.1 Hitachi Metals Group Company Information
- 6.1.2 Hitachi Metals Group Business Overview
- 6.1.3 Hitachi Metals Group Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.1.4 Hitachi Metals Group Neodymium Magnet Product Portfolio
- 6.1.5 Hitachi Metals Group 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.2.4 Shin-Etsu Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.3.4 TDK Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.4.4 VAC Neodymium Magnet Product Portfolio
- 6.4.5 VAC Recent Developments
- 6.5 Beijing Zhong Ke San Huan Hi-Tech
- 6.5.1 Beijing Zhong Ke San Huan Hi-Tech Company Information
- 6.5.2 Beijing Zhong Ke San Huan Hi-Tech Business Overview
- 6.5.3 Beijing Zhong Ke San Huan Hi-Tech Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.5.4 Beijing Zhong Ke San Huan Hi-Tech Neodymium Magnet Product Portfolio
- 6.5.5 Beijing Zhong Ke San Huan Hi-Tech 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.6.4 Yunsheng Company Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.7.4 YSM Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.8.4 JL MAG Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.9.4 ZHmag Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.10.4 Jingci Material Science Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.11.4 AT&M Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.12.4 NBJJ Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.13.4 Innuovo Magnetics Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.14.4 SGM Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.15.4 Galaxy Magnetic Neodymium Magnet Product Portfolio
- 6.15.5 Galaxy Magnetic Recent Developments
- 6.16 Zhejiang Zhongyuan Magnetic Industry Limited
- 6.16.1 Zhejiang Zhongyuan Magnetic Industry Limited Company Information
- 6.16.2 Zhejiang Zhongyuan Magnetic Industry Limited Business Overview
- 6.16.3 Zhejiang Zhongyuan Magnetic Industry Limited Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.16.4 Zhejiang Zhongyuan Magnetic Industry Limited Neodymium Magnet Product Portfolio
- 6.16.5 Zhejiang Zhongyuan Magnetic Industry Limited 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.17.4 Earth- Panda Neodymium Magnet 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 Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.18.4 Magsuper Neodymium Magnet Product Portfolio
- 6.18.5 Magsuper Recent Developments
- 6.19 Daido Electronics
- 6.19.1 Daido Electronics Company Information
- 6.19.2 Daido Electronics Business Overview
- 6.19.3 Daido Electronics Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.19.4 Daido Electronics Neodymium Magnet Product Portfolio
- 6.19.5 Daido Electronics Recent Developments
- 6.20 Tianhe Magnetics
- 6.20.1 Tianhe Magnetics Company Information
- 6.20.2 Tianhe Magnetics Business Overview
- 6.20.3 Tianhe Magnetics Neodymium Magnet Production, Value and Gross Margin (2021-2026)
- 6.20.4 Tianhe Magnetics Neodymium Magnet Product Portfolio
- 6.20.5 Tianhe Magnetics Recent Developments
7 Global Neodymium Magnet Production by Region
- 7.1 Global Neodymium Magnet Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Neodymium Magnet Production by Region (2021-2032)
- 7.2.1 Global Neodymium Magnet Production by Region (2021-2026)
- 7.2.2 Global Neodymium Magnet Production Forecast by Region (2027-2032)
- 7.3 Global Neodymium Magnet Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Neodymium Magnet Production Value by Region (2021-2032)
- 7.4.1 Global Neodymium Magnet Production Value by Region (2021-2026)
- 7.4.2 Global Neodymium Magnet Production Value by Region (2027-2032)
- 7.5 Global Neodymium Magnet Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Neodymium Magnet Production Value (2021-2032)
- 7.6.2 Europe Neodymium Magnet Production Value (2021-2032)
- 7.6.3 Asia-Pacific Neodymium Magnet Production Value (2021-2032)
- 7.6.4 South America Neodymium Magnet Production Value (2021-2032)
- 7.6.5 Middle East & Africa Neodymium Magnet Production Value (2021-2032)
8 Global Neodymium Magnet Consumption by Region
- 8.1 Global Neodymium Magnet Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Neodymium Magnet Consumption by Region (2021-2032)
- 8.2.1 Global Neodymium Magnet Consumption by Region (2021-2026)
- 8.2.2 Global Neodymium Magnet Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Neodymium Magnet Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Neodymium Magnet Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Neodymium Magnet Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Neodymium Magnet Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Neodymium Magnet Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Neodymium Magnet Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 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 Manufacturing Cost Structure
- 9.1.4 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 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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