Global NdFeB Market value to hit 7060 M USD by 2025: The Market Reports

Global NdFeB Market report strategically analyze each submarket with respect to individual growth trend and their contribution to the market for understanding growth strategies

The global NdFeB market is valued at 5620 million US$ in 2018 is expected to reach 7060 million US$ by the end of 2025, growing at a CAGR of 2.9% during 2019-2025.

This report focuses on NdFeB volume and value at global level, regional level and company level. From a global perspective, this report represents overall NdFeB market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.Key companies profiled on his report are Hitachi Metals, Shin-Etsu, TDK VAC, Zhong Ke San Huan, Yunsheng Company, YSM, JL MAG, ZHmag,, BJM, AT&M, NBJJ, Innuovo Magnetics, SGM, Galaxy Magnetic and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc.

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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.

The technical barriers of NdFeB Permanent Magnets are relatively low, and the NdFeB Permanent Magnets market concentration degree is relatively higher. The manufacturing bases concentrated distribution in China and Japan; some of the key players dominating this market are Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, and others.

The key factors driving the growth of the aforementioned industry are wide application areas. With the improvement of application areas, the increased consumption of NdFeB Permanent Magnetss are expected to continue during the remaining years of the forecast period of 2016-2021.

In the past few years, as the main raw material price was not stable, with the addition of a sharp increase in production capacity, expected that the NdFeB Permanent Magnets raw material price will be relatively stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of NdFeB Permanent Magnets.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The oversupply of NdFeB Permanent Magnets in the market has had a negative impact but has been countered by the magnitude of the increase in demand, resulting in uncertainty in the NdFeB Permanent Magnets market.

In China, NdFeB Permanent Magnets manufactures mainly include Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, YSM, JL MAG, ZHmag, Jingci Material Science, AT&M, NBJJ, and others.

China is the world’s largest producer of NdFeB Permanent Magnets; as the same time, the consumption of NdFeB Permanent Magnets in China grown gradually. In the result, NdFeB Permanent Magnets in China was export-oriented until now.

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Topics covered in this report are:

  1. Market Overview (Segment by Type, Application, Region, Market Size, Revenue & Production)
  2. Market Competition by Manufacturers (Production & Revenue Market Share, Average Price, Competitive Situation and Trends, Mergers & Acquisitions, Expansion)
  3. Production & Revenue Market Share by Regions: Global, North America, Europe, China, and Japan
  4. Consumption Analysis by Regions (2014-2019)
  5. Production, Revenue, Price Trend, and Growth Rate by Type
  6. Market Analysis by Applications: Market Share and Growth Rate (2014-2019)
  7. Key Companies Profile (Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin)
  8. Manufacturing Cost Analysis (Raw Material, Price, Key Suppliers, and Industrial Chain Analysis)
  9. Marketing Channel, Distributors and Customers (Direct / Indirect Marketing, Distributors List, Customers)
  10. Market Dynamics (Trends, Opportunities, Drivers, Challenges, and Influence Factors)
  11. Market Forecast to 2025 for Production, Revenue, Growth Rate, Trends, and Forecast by Types and Applications (2019-2025)
  12. Research Findings and Conclusion (Key Takeaway of the research report)
  13. Methodology and Data Source

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Posted by on Monday March 25 2019, 10:30 AM EDT. All trademarks acknowledged. Filed under Chemicals, Chemicals & Materials, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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