The Global NdFeB (Neodymium Iron Boron) Magnets Market is currently the cornerstone of the global transition toward electrification and renewable energy. Strategic market analysis indicates that the industry was valued at USD xxxx million in 2025 and is projected to reach a valuation of USD xxxx million by the year 2036, growing at a CAGR of xx% globally.
NdFeB magnets, recognized as the most powerful permanent magnets commercially available, are essential for the high-efficiency performance required in modern technology. As the world pivots toward carbon neutrality, these magnets are becoming indispensable components in Electric Vehicle (EV) drivetrains, offshore wind turbines, and high-precision industrial robotics.
The Global NdFeB Magnets Market Report 2025 provides an extensive industry analysis of development components, supply patterns, and market sizing. The research involves a comprehensive study of parameters affecting the industry, including the critical nature of rare earth element (REE) supply chains, government subsidies for green technology, and technical progress in magnet stability.
This study calculates present and past market values to forecast potential market management through the forecast period between 2026–2036. It highlights the strategic shift from standard industrial applications to high-coercivity grades required for the extreme thermal environments found in next-generation automotive and aerospace engineering.
The COVID-19 outbreak in 2020 significantly impacted the NdFeB market, exposing the global industry's heavy reliance on concentrated rare earth processing hubs. Initial logistical disruptions led to price volatility for neodymium and dysprosium. However, the post-pandemic era has triggered a "Green Recovery," with massive legislative support such as the US Inflation Reduction Act and the EU Critical Raw Materials Act. These initiatives have accelerated demand for NdFeB magnets while simultaneously incentivizing the development of diversified, independent supply chains across North America and Europe.
To provide a granular understanding of the market, the industry is segmented by manufacturing process, performance grade, and end-use application.
Sintered NdFeB Magnets: The dominant segment, offering the highest magnetic properties; essential for EV motors and large-scale wind generators.
Bonded NdFeB Magnets: Favored for complex shapes and precision miniaturization; widely used in consumer electronics and small motors.
Hot-Pressed/Deformed Magnets: An emerging segment offering high thermal stability and improved mechanical strength for specialized industrial use.
Standard Grades (N-Grade): Used in general applications where temperature is not a primary constraint.
High-Coercivity Grades (H, SH, UH, EH, AH): Specialized magnets infused with heavy rare earths (Terbium/Dysprosium) to withstand temperatures up to 240°C; critical for the automotive and aerospace sectors.
Automotive (EV/HEV): Drivetrain motors, Electric Power Steering (EPS), and braking systems.
Clean Energy: Permanent magnet synchronous generators (PMSG) for offshore and onshore wind turbines.
Industrial Automation: Servo motors for robotics, CNC machinery, and automated guided vehicles (AGVs).
Consumer Electronics: Hard disk drives (HDD), high-fidelity speakers, smartphones, and haptic motors.
Energy-Saving Appliances: High-efficiency compressors for air conditioners and premium household appliances.
Healthcare: High-field MRI machines and surgical robotics.
Asia-Pacific: The dominant global leader, with China controlling the majority of the world's NdFeB production and rare earth processing. Japan remains a key innovator in high-grade magnet technology.
North America: A high-growth region focusing on re-establishing domestic rare earth value chains and supporting a massive expansion in the EV sector.
Europe: Driven by aggressive decarbonization targets and a robust automotive manufacturing base in Germany and France.
South America & MEA: Emerging markets focusing on mineral exploration and localizing industrial motor production.
The competitive landscape consists of vertically integrated mining-to-magnet giants and specialized high-tech material processors.
Global Industry Leaders:
Proterial, Ltd. (formerly Hitachi Metals): A primary patent holder and global leader in high-performance sintered NdFeB magnets.
Shin-Etsu Chemical Co., Ltd.: A major Japanese producer known for high-purity rare earth materials and integrated magnet manufacturing.
TDK Corporation: A global electronics giant focusing on advanced magnetic materials for the automotive and tech sectors.
VACUUMSCHMELZE (VAC): The leading European producer of high-end permanent magnets and advanced magnetic alloys.
Neo Performance Materials: A key global player in the processing of rare earth elements and magnetic powders.
Strategic Mining & Integrated Players:
Lynas Rare Earths Ltd: A critical non-Chinese supplier of neodymium and praseodymium (NdPr) with operations in Australia and Malaysia.
MP Materials: The leading North American rare earth miner, rapidly expanding into downstream magnet manufacturing.
JL MAG Rare-Earth Co., Ltd.: One of the world’s largest and fastest-growing producers of high-performance NdFeB magnets, particularly for the EV and wind sectors.
Specialized and Regional Powerhouses:
Arnold Magnetic Technologies: A major US-based provider of high-performance magnets for aerospace and defense.
Daido Steel Co., Ltd.: A leader in high-tech magnetic materials and specialized hot-pressed magnets.
Electron Energy Corporation (EEC): Specialized in custom magnet solutions for extreme environments.
Ningbo Yunsheng Co., Ltd.: A prominent Chinese player with a vast portfolio in high-precision magnets.
Zhongke Sanhuan: One of China’s oldest and most established NdFeB manufacturers with global distribution.
Earth Panda Advanced Magnetic Material: A leading specialist in high-coercivity grades for the global motor market.
Galaxy Magnets: A global leader in the production of bonded NdFeB magnets.
The EV Revolution: The global transition from internal combustion engines to electric motors is the single largest driver of NdFeB demand, as each EV motor requires several kilograms of high-grade magnets.
Wind Energy Expansion: The shift toward offshore wind power, which relies on heavy permanent magnet generators for reliability and low maintenance, is fueling large-scale magnet demand.
Robotics and Industry 4.0: The miniaturization of high-torque motors for humanoid and industrial robots requires the superior energy density of NdFeB.
Magnet Recycling (Urban Mining): Increasing technical progress in the "short-loop" recycling of NdFeB from end-of-life electronics and EV motors is creating a sustainable secondary supply of raw materials.
1. Market Overview of NdFeB magnets
1.1 NdFeB magnets Market Overview
1.1.1 NdFeB magnets Product Scope
1.1.2 Market Status and Outlook
1.2 NdFeB magnets Market Size by Regions:
1.3 NdFeB magnets Historic Market Size by Regions
1.4 NdFeB magnets Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact NdFeB magnets Sales Market by Type
2.1 Global NdFeB magnets Historic Market Size by Type
2.2 Global NdFeB magnets Forecasted Market Size by Type
2.3 Sintered NdFeB Magnet
2.4 Bonded NdFeB Magnet
3. Covid-19 Impact NdFeB magnets Sales Market by Application
3.1 Global NdFeB magnets Historic Market Size by Application
3.2 Global NdFeB magnets Forecasted Market Size by Application
3.3 Consumer Electronics
3.4 Industrial Motor
3.5 Energy-Saving Appliances
3.6 Vehicle
3.7 Other
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global NdFeB magnets Production Capacity Market Share by Manufacturers
4.2 Global NdFeB magnets Revenue Market Share by Manufacturers
4.3 Global NdFeB magnets Average Price by Manufacturers
5. Company Profiles and Key Figures in NdFeB magnets Business
5.1 Arnold Magnetic Technologies
5.1.1 Arnold Magnetic Technologies Company Profile
5.1.2 Arnold Magnetic Technologies NdFeB magnets Product Specification
5.1.3 Arnold Magnetic Technologies NdFeB magnets Production Capacity, Revenue, Price and Gross Margin
5.2 Daido Steel
5.2.1 Daido Steel Company Profile
5.2.2 Daido Steel NdFeB magnets Product Specification
5.2.3 Daido Steel NdFeB magnets Production Capacity, Revenue, Price and Gross Margin
5.3 Electron Energy Corporation
5.3.1 Electron Energy Corporation Company Profile
5.3.2 Electron Energy Corporation NdFeB magnets Product Specification
5.3.3 Electron Energy Corporation NdFeB magnets Production Capacity, Revenue, Price and Gross Margin
5.4 Hitachi Metals
5.4.1 Hitachi Metals Company Profile
5.4.2 Hitachi Metals NdFeB magnets Product Specification
5.4.3 Hitachi Metals NdFeB magnets Production Capacity, Revenue, Price and Gross Margin
5.5 Lynas Corporation
5.5.1 Lynas Corporation Company Profile
5.5.2 Lynas Corporation NdFeB magnets Product Specification
5.5.3 Lynas Corporation NdFeB magnets Production Capacity, Revenue, Price and Gross Margin
5.6 Shin-Etsu Chemical
5.6.1 Shin-Etsu Chemical Company Profile
5.6.2 Shin-Etsu Chemical NdFeB magnets Product Specification
5.6.3 Shin-Etsu Chemical NdFeB magnets Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America NdFeB magnets Market Size
6.2 North America NdFeB magnets Key Players in North America
6.3 North America NdFeB magnets Market Size by Type
6.4 North America NdFeB magnets Market Size by Application
7. East Asia
7.1 East Asia NdFeB magnets Market Size
7.2 East Asia NdFeB magnets Key Players in North America
7.3 East Asia NdFeB magnets Market Size by Type
7.4 East Asia NdFeB magnets Market Size by Application
8. Europe
8.1 Europe NdFeB magnets Market Size
8.2 Europe NdFeB magnets Key Players in North America
8.3 Europe NdFeB magnets Market Size by Type
8.4 Europe NdFeB magnets Market Size by Application
9. South Asia
9.1 South Asia NdFeB magnets Market Size
9.2 South Asia NdFeB magnets Key Players in North America
9.3 South Asia NdFeB magnets Market Size by Type
9.4 South Asia NdFeB magnets Market Size by Application
10. Southeast Asia
10.1 Southeast Asia NdFeB magnets Market Size
10.2 Southeast Asia NdFeB magnets Key Players in North America
10.3 Southeast Asia NdFeB magnets Market Size by Type
10.4 Southeast Asia NdFeB magnets Market Size by Application
11. Middle East
11.1 Middle East NdFeB magnets Market Size
11.2 Middle East NdFeB magnets Key Players in North America
11.3 Middle East NdFeB magnets Market Size by Type
11.4 Middle East NdFeB magnets Market Size by Application
12. Africa
12.1 Africa NdFeB magnets Market Size
12.2 Africa NdFeB magnets Key Players in North America
12.3 Africa NdFeB magnets Market Size by Type
12.4 Africa NdFeB magnets Market Size by Application
13. Oceania
13.1 Oceania NdFeB magnets Market Size
13.2 Oceania NdFeB magnets Key Players in North America
13.3 Oceania NdFeB magnets Market Size by Type
13.4 Oceania NdFeB magnets Market Size by Application
14. South America
14.1 South America NdFeB magnets Market Size
14.2 South America NdFeB magnets Key Players in North America
14.3 South America NdFeB magnets Market Size by Type
14.4 South America NdFeB magnets Market Size by Application
15. Rest of the World
15.1 Rest of the World NdFeB magnets Market Size
15.2 Rest of the World NdFeB magnets Key Players in North America
15.3 Rest of the World NdFeB magnets Market Size by Type
15.4 Rest of the World NdFeB magnets Market Size by Application
16 NdFeB magnets Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
To provide a granular understanding of the market, the industry is segmented by manufacturing process, performance grade, and end-use application.
Sintered NdFeB Magnets: The dominant segment, offering the highest magnetic properties; essential for EV motors and large-scale wind generators.
Bonded NdFeB Magnets: Favored for complex shapes and precision miniaturization; widely used in consumer electronics and small motors.
Hot-Pressed/Deformed Magnets: An emerging segment offering high thermal stability and improved mechanical strength for specialized industrial use.
Standard Grades (N-Grade): Used in general applications where temperature is not a primary constraint.
High-Coercivity Grades (H, SH, UH, EH, AH): Specialized magnets infused with heavy rare earths (Terbium/Dysprosium) to withstand temperatures up to 240°C; critical for the automotive and aerospace sectors.
Automotive (EV/HEV): Drivetrain motors, Electric Power Steering (EPS), and braking systems.
Clean Energy: Permanent magnet synchronous generators (PMSG) for offshore and onshore wind turbines.
Industrial Automation: Servo motors for robotics, CNC machinery, and automated guided vehicles (AGVs).
Consumer Electronics: Hard disk drives (HDD), high-fidelity speakers, smartphones, and haptic motors.
Energy-Saving Appliances: High-efficiency compressors for air conditioners and premium household appliances.
Healthcare: High-field MRI machines and surgical robotics.
Asia-Pacific: The dominant global leader, with China controlling the majority of the world's NdFeB production and rare earth processing. Japan remains a key innovator in high-grade magnet technology.
North America: A high-growth region focusing on re-establishing domestic rare earth value chains and supporting a massive expansion in the EV sector.
Europe: Driven by aggressive decarbonization targets and a robust automotive manufacturing base in Germany and France.
South America & MEA: Emerging markets focusing on mineral exploration and localizing industrial motor production.
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