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.
Neodymium Magnet product demand market there is also a certain space, but basically showing the scarcity of high-end products, low-end products, excess capacity, there is a large market demand for high-end products to seize market share of imports acts, local enterprises export more low-end products overcapacity or molding process basic Materials.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic Industrial Naphthalene, Chinese domestic Neodymium Magnet has been very mature and advanced, and the performance distance has been shorten compared with the imported Industrial Naphthalene.
According to this study, over the next five years the Neodymium Magnet market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 3120 million by 2024, from US$ 2310 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Neodymium Magnet business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Neodymium Magnet market by product type, application, key manufacturers and key regions and countries.
This study considers the Neodymium Magnet value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bonding
Sintering
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electro-acoustic Field
Electronic Appliances Field
Mechanical Equipment Field
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Neo
Ugimag
R.Audemars SA
NSSMC
TDK
Daido Steel
Shin-Etsu Chemical
Hitachi Metals
Ta Tong Magnet
Galaxy Magnets
ZhongKeSanHuan
Ningbo Co-star
DEMGC
Beijing Jingci Magnet
Earth-Panda
Tianhe Magnets
Guangzhou Golden South
Jiangxi Yingguang Magnet
Ningbo Yunsheng
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Neodymium Magnet consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Neodymium Magnet market by identifying its various subsegments.
Focuses on the key global Neodymium Magnet manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Neodymium Magnet with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Neodymium Magnet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Neodymium Magnet . Industry analysis & Market Report on Neodymium Magnet is a syndicated market report, published as Global Neodymium Magnet Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Neodymium Magnet market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.