NdFeB Market 2019 to 2024 With Top Countries Data : Opportunities, Industry Trends and Policies by Regions and Companies
NdFeB Market 2019 Research report contains a qualified and in-depth examination of NdFeB Market. At first, the report provides the current NdFeB business situation along with a valid assessment of the NdFeB business. NdFeB report is partitioned based on driving NdFeB players, application and regions. The progressing NdFeB economic situations are additionally discovered in the report.
Short Description About NdFeB Market :
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.
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The research covers the current market size of the NdFeB market and its growth rates based on 5-year records with company outline ofKey players/manufacturers:
- Hitachi Metals
- Zhong Ke San Huan
- Yunsheng Company
- JL MAG
- Innuovo Magnetics
- Galaxy Magnetic
- Zhongyuan Magnetic
- Earth- Panda
Scope Of The Report :
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, ATandM, 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.The worldwide market for NdFeB is expected to grow at a CAGR of roughly 3.0% over the next five years, will reach 6710 million US$ in 2024, from 5620 million US$ in 2019, according to a new research study.This report focuses on the NdFeB in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Report further studies the NdFeB market development status and future trend across the world. Also, it splits NdFeB market by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
- Sintered Nd-Fe-B Magnet
- Bonded Nd-Fe-B Magnets
- Hot Pressed NdFeB Magnets
Major Applications are as follows:
- Electronic Industry
- Office Automation Equipment
- Auto Industry
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of NdFeB in these regions, from 2014 to 2024, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The NdFeB market report provides answers to the following key questions:
- What will be the NdFeB market size and the growth rate in 2024?
- What are the main key factors driving the global NdFeB market?
- What are the key market trends impacting the growth of the global NdFeB market?
- Which Trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players and what are their strategies in the global NdFeB market?
- What are sales, revenue, and price analysis by regions of NdFeB?
- What are the market opportunities and threats faced by the vendors in the global NdFeB market?
- What industrial trends, drivers and challenges are manipulating its growth?
- What are the key outcomes of the five forces analysis of the global NdFeB market?
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Major Points from Table of Contents:
1 Market Overview
1.1 NdFeB Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Dynamics
1.4.1 Market Opportunities
1.4.2 Market Risk
1.4.3 Market Driving Force
2.4.1 Business Overview
2.4.2 NdFeB Type and Applications
220.127.116.11 Product A
18.104.22.168 Product B
3.Global NdFeB Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global NdFeB Sales and Market Share by Manufacturer (2017-2018)
3.2 Global NdFeB Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 NdFeB Manufacturer Market Share in 2018
3.3.2 Top 6 NdFeB Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global NdFeB Market Analysis by Regions
4.1 Global NdFeB Sales, Revenue and Market Share by Regions
4.1.1 Global NdFeB Sales and Market Share by Regions (2014-2019)
4.1.2 Global NdFeB Revenue and Market Share by Regions (2014-2019)
4.2 North America NdFeB Sales and Growth Rate (2014-2019)
4.3 Europe NdFeB Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific NdFeB Sales and Growth Rate (2014-2019)
4.6 South America NdFeB Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa NdFeB Sales and Growth Rate (2014-2019)
6 NdFeB Market Forecast (2019-2024)
6.1 Global NdFeB Sales, Revenue and Growth Rate (2019-2024)
6.2 NdFeB Market Forecast by Regions (2019-2024)
6.3 NdFeB Market Forecast by Type (2019-2024)
6.3.1 Global NdFeB Sales Forecast by Type (2019-2024)
6.3.2 Global NdFeB Market Share Forecast by Type (2019-2024)
6.4 NdFeB Market Forecast by Application (2019-2024)
6.4.1 Global NdFeB Sales Forecast by Application (2019-2024)
6.4.2 Global NdFeB Market Share Forecast by Application (2019-2024)
6.Sales Channel, Distributors, Traders and Dealers
6.1 Sales Channel
6.1.1 Direct Marketing
6.1.2 Indirect Marketing
6.1.3 Marketing Channel Future Trend
6.2 Distributors, Traders and Dealers
7. Research Findings and Conclusion
8.2 Data Source
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