NdFeB（ネオジム-鉄-ボロン）の世界市場-2024-2031年

概要

NdFeB（ネオジム-鉄-ボロン）の世界市場は2023年に141億米ドルに達し、2031年には222億米ドルに達すると予測され、予測期間2024-2031年のCAGRは5.9%で成長する見込みです。

NdFeBの市場は、エレクトロニクス、ヘルスケア、自動車、再生可能エネルギーなど、いくつかの産業で重要な役割を担っているため、世界的に急速に拡大しています。NdFeB磁石はその卓越した磁気特性により、大きな需要があり、多くの現代技術アプリケーションに不可欠な部品となっています。

インドに新しい希土類磁石工場が建設されたことで、世界のNdFeB磁石市場のさらなる拡大が見込まれています。インドによる希土類磁石の製造は、世界のサプライチェーンにおける重要な転換を意味し、中国のような既存のサプライヤーへの依存度を下げ、世界中の川下部門に対する供給の安全性を高めます。

例えば、2023年5月、Engineering Projects（India）Limitedのリリースによると、モディ首相はVishakhapatnam Rare Earth Permanent Magnet Plantを正式に発足させました。それによると、EPIは165ルピーを投じてこの磁石工場をバーバ原子力研究センターの現在地内に建設しました。IREL（India）Ltd.のために、希土類磁石工場が建設されました。

ダイナミクス

自動車・エネルギー分野からの需要拡大

NdFeB磁石は、磁気エネルギー貯蔵システムやリチウムイオン電池のようなグリッド規模のエネルギー貯蔵ソリューションのいくつかの部品にも必要とされています。蓄電システムのエネルギー密度と効率を高めることで、これらの磁石は送電網を安定させ、再生可能エネルギー源の送電網への統合を促進します。

NdFeB、鉄、ホウ素でできた最強の商用磁石が知られており、これらの元素は希土類分野の主要な触媒としての役割も果たしています。NdFeB永久磁石は風力発電や電気自動車のようなグリーン技術に不可欠であるため、最近磁石の需要が急増しています。

すべての電気自動車には約2～2.5キログラムのNdFeB磁石が搭載されているため、政府が「環境に優しい」実践を奨励すればするほど、その圧力は高まると思われます。自動車のスピーカー、電気ブレーキ、発電機のスターター、駆動モーター、センサー、点火セルなどには、すべてこの強力な磁石が使われています。

電気自動車技術の革新を牽引するNdFeB磁石

NdFeB磁石は、強度とエネルギー密度に優れた磁気特性を持つため、小型・軽量の電気モーターを製造することができます。電気自動車に搭載される部品の軽量化は、航続距離の延長とエネルギー効率の向上に役立ち、十分な航続距離を得るために必要なバッテリーのサイズとコストを低減します。

2022年12月、電気自動車ではNdFeB磁石が高温で作動します。科学技術省によると、科学者たちは安価で希土類を含まない磁石を開発しました。

電気自動車に使用されるNdFeB磁石は、摂氏150～200度の温度で機能するため、減磁に対する強い耐性が必要です。そのため、減磁に対する耐性を高めるために、合金としてジスプロシウム金属が添加されます。これに加えて、この新しいアプローチは、インドでNd-Fe-B磁石を商業生産するために利用される可能性もあり、その結果、自動車産業が必要とする主要部品の輸入を減らすことができます。

材料コストの上昇

NdFeB磁石のメーカーは、ジスプロシウムやネオジムを含む希土類元素のコスト上昇により、利益率が圧縮される可能性があります。利幅の狭い競合マーケットプレースで事業を展開する企業にとって、製品価格に同等の上昇を伴わない材料費の上昇は、収益性に悪影響を及ぼす可能性があります。

NdFeB磁石メーカーは、材料費の上昇を吸収するか、あるいは顧客に転嫁しなければならないという圧力を受ける可能性があります。コンシューマーエレクトロニクスや自動車のような価格に敏感な業界では、コスト上昇を顧客に転嫁することで、価格敏感性や抵抗が生じ、NdFeB磁石の需要が低下する可能性があります。

目次

第1章 調査手法と調査範囲

第2章 定義と概要

第3章 エグゼクティブサマリー

第4章 市場力学

• 影響要因
  • 促進要因
    • 自動車およびエネルギー分野からの需要拡大
    • 電気自動車技術の革新を牽引するNdFeB磁石
  • 抑制要因
    • 材料コストの上昇
  • 機会
  • 影響分析

第5章 産業分析

• ポーターのファイブフォース分析
• サプライチェーン分析
• 価格分析
• 規制分析
• ロシア・ウクライナ戦争の影響分析
• DMIの見解

第6章 COVID-19分析

第7章 製品別

• 結合磁石
• 焼結磁石
• その他

第8章 用途別

• 自動車
• 再生可能エネルギー
• 産業機械
• 医療機器
• コンシューマーエレクトロニクス
• その他

第9章 エンドユーザー別

• 自動車
• エネルギー
• 電気・電子
• ヘルスケア
• 製造
• 航空宇宙
• その他

第10章 地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • イタリア
  • ロシア
  • その他欧州
• 南米
  • ブラジル
  • アルゼンチン
  • その他南米
• アジア太平洋
  • 中国
  • インド
  • 日本
  • オーストラリア
  • その他アジア太平洋地域
• 中東・アフリカ

第11章 競合情勢

• 競合シナリオ
• 市況/シェア分析
• M&A分析

第12章 企業プロファイル

• Hitachi Metals, Ltd.
  • 会社概要
  • 製品ポートフォリオと説明
  • 財務概要
  • 主な発展
• Shin-Etsu Chemical Co., Ltd.
• TDK Corporation
• Sumitomo Corporation
• Neo Performance Materials Inc.
• Adams Magnetic Products Co.
• Electron Energy Corporation
• Ningbo Yunsheng High-Tech Magnetics Co., Ltd.
• Magnequench International Inc.
• VACUUMSCHMELZE GmbH & Co. KG

第13章 付録

Overview

Global Neodymium Iron Boron Market reached US$ 14.1 billion in 2023 and is expected to reach US$ 22.2 billion by 2031, growing with a CAGR of 5.9% during the forecast period 2024-2031.

The market for Neodymium Iron Boron is expanding rapidly globally because of its critical role in several industries, including electronics, healthcare, automotive and renewable energy. Due to their extraordinary magnetic qualities, NdFeB magnets are in great demand and are essential parts of many contemporary technological applications.

The building of a new rare earth magnet plant in India is anticipated to propel more expansion in the global NdFeB market. The manufacturing of rare earth magnets by India represents a significant shift in the global supply chain, lowering reliance on established suppliers like China and boosting supply security for downstream sectors around the globe.

For instance, in May 2023, according to a release from Engineering Projects (India) Limited, PM Modi formally inaugurated the Vishakhapatnam Rare Earth Permanent Magnet Plant. According to the statement, the EPI built the magnet plant, which cost Rs 165 crores, inside the Bhabha Atomic Research Centre's current location. For IREL (India) Ltd., a Rare Earth Magnet Plant was built. The announcement further stated that IREL (India) Limited was the intended recipient of the magnet plant's construction. The newly built plant will be producing the rare earth magnets includes samarium cobalt and neodymium iron boron. The factory will employ BARC's reduction-diffusion process. Therefore, the Indian market significantly contributes to the growth of the regional market.

Dynamics

Growing Demand from Automotive and Energy Sector

NdFeB magnets are also needed for several components in grid-scale energy storage solutions, like magnetic energy storage systems and lithium-ion batteries. By increasing the energy density and efficiency of storage systems, these magnets help stabilize the grid and facilitate the grid's integration of renewable energy sources.

The strongest commercial magnets known made of neodymium, iron and boron; these elements also serve as the primary catalysts for the rare earth sector. Because NdFeB permanent magnets are essential to green technologies like wind power and electric cars, there has been a recent surge in demand for magnets.

Around 2 to 2.5 kilograms of NdFeB magnets are contained in every electric vehicle, so as governments encourage "greener" practices, pressure will increase. Car speakers, electric brakes, generator starters, drive motors, sensors and ignition cells all contain these powerful magnets. The primary rare earth elements utilized in strong permanent magnets are terbium (Tb), dysprosium (Dy), neodymium (Nd) and neodymium praseodymium. Light rare earth elements Nd and NdPr are relatively common. The substantial rare earth elements Dy and Tb add significantly to the overall cost of the magnets because they are both costly and uncommon.

Neodymium Iron Boron Magnets Driving Innovation in Electric Vehicle Technology

Electric motors that are small and light can be produced because of the outstanding magnetic features of NdFeB magnets, which include great strength and energy density. Lightweight components in EVs help to enhance the driving range and improve energy efficiency, which lowers the size and cost of the battery needed to achieve a sufficient range.

In December 2022, in electric vehicles, neodymium iron boron magnets operate at higher temperature. As per the Ministry of Science and Technology, scientists have developed inexpensive, rare-earth free magnets, which are in higher demand for electric vehicles and can reduce their cost.

Neodymium iron boron magnets, which are used in electric vehicles, require a strong resistance to demagnetization because they function at temperatures between 150-200 degree Celsius. Therefore, to increase the resistance to demagnetization, dysprosium metal is added as an alloy. In addition to this, the novel approach may also be utilized to commercially produce Nd-Fe-B magnets in India, hence lowering imports of the key components needed by the automotive industry.

Rising Material Costs

The manufacturers of NdFeB magnets might encounter compressed profit margins due to the rising cost of rare earth elements, including dysprosium and neodymium. For companies operating in competitive marketplaces with narrow margins, rising material costs without equivalent increases in product pricing can be detrimental to profitability.

Pressure to absorb or pass on rising material costs to customers may be applied to NdFeB magnet manufacturers. In price-sensitive industries like consumer electronics and automobiles, passing on higher costs to customers can result in price sensitivity and resistance, which could lower demand for NdFeB magnets.

Segment Analysis

The global neodymium iron boron market is segmented based on product, application, end-user and region.

Supply Chain Innovation Driving Growth in the Sintered NdFeB Magnet Market

Sintered NdFeB magnets facilitate the miniaturization of electronic devices and components by delivering high magnetic flux density in small packages. Its capacity to generate powerful magnetic fields in small volumes enables the development of smaller, lighter and more efficient products such as cellphones, computers, hard disc drives and medical devices.

For instance, in July 2023, the adjacent Neo rare earth separations facility in Sillamae, Estonia will supply the Narva plant with rare earth feedstock from U.S. and other sources. Neodymium-iron-boron sintered magnets will be made from these high-purity magnetic rare earth oxides. Neo officials intend to promote a more cohesive supply chain for sintered permanent rare earth magnets made from manufacturing swarf and recycled end-of-life magnets.

The is Europe's first mine-to-magnets supply chain and a vast range of technologies that lower carbon dioxide emissions, boost energy efficiency and support EU attempts to become carbon neutral rely on smelted rare earth permanent magnets. Since they boost the motors' power and efficiency, these magnets are particularly essential to the drivetrains of most modern electric cars. Therefore, the sintered NdFeB magnet product segment contribute significant to the global segmental share.

Geographical Penetration

Mitigating Supply Chain Risks Diversifying the Asia-Pacific's Role in the NdFeB Magnet Market

The stability of the supply chain is at threat if China or another single location becomes the primary source of NdFeB magnets. By lowering reliance on any one supplier and lowering the risk of supply chain interruptions, geopolitical unrest or trade conflicts, the expanding supply from Asia-Pacific manufacturers contributes to the globally NdFeB market's diversification.

For instance, in August 2023, a five-year agreement has been signed by Australian Strategic Materials to supply magnet manufacturer USA Rare Earth LLC with neodymium iron boron (NdFeB) alloy from its Korean Metals Plant.

With this agreement, USA Rare Earth will be able to meet around 60% of its metal and alloy requirements for producing permanent magnets for wind turbines and electric vehicles until it starts using resources from its own Round Top reserve in Texas. The first shipment of NdFeB alloy from ASM's KMP is anticipated in 2024 and will be sent to USA Rare Earth's Oklahoman Stillwater facility. Therefore, Asia-Pacific is contributing significantly to the growth of the global neodymium iron boron market.

COVID-19 Impact Analysis

The COVID-19 pandemic has increased the risk to the NdFeB magnet supply chain, which has been controlled by a small number of countries. Furthermore, the necessity for developing local sources of NdFeB magnets that may reduce supply risks and uncertainties has increased due to the growing significance of these magnets for clean energy applications like electric vehicles.

Lockdowns, limitations on mobility and the disruptions of transportation networks during the early stages of the pandemic caused supply chain problems for raw materials, manufacturing components and finished goods, including NdFeB magnets. Reductions in production capacity and factory closures in major manufacturing hubs like China intensified the disruptions in the supply chain.

Russia-Ukraine War Impact Analysis

Geopolitical tensions resulted from the conflict between Russia and Ukraine has the potential to lead to instability in the region specifically in the European and its nearby countries and influence the dynamics of global trade. Companies involved in the NdFeB magnet industry may have to witness the difficulties in managing their supply chains, making investment decisions and expanding their market due to geopolitical unpredictability and instability.

Increased supply chain interruptions and geopolitical conflicts may be factors in the NdFeB magnet market's volatility. Variations in the cost of raw materials, exchange rates and geopolitical risk premiums can affect an effect on pricing dynamics and profitability in the market.

By Product

• Bonded NdFeB Magnet
• Sintered NdFeB Magnet
• Others

By Application

• Automotive
• Renewable Energy
• Industrial Machinery
• Medical Device
• Consumer Electronics
• Others

By End-User

• Automotive
• Energy
• Electrical and Electronics
• Healthcare
• Manufacturing
• Aerospace
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• On July 7, 2023, The first rare earth magnet manufacturing facility in Europe, to be built by Neo Magnequench, a division of Neo Performance Materials Inc., is set to produce specialized rare earth permanent magnets for use in wind turbines, electric vehicles and other clean energy technologies.
• In 2020, for more than 50 years, Electron Energy Corporation has been a go-to source for magnetic solutions for defense. Neodymium iron boron that complies entirely with the John S. McCain National Defense Authorization Act and U.S. Defense Federal Acquisition Regulation Supplement (DFARS 225.7018, 10 U.S.C. 2533c) is now available.
• In 2020, The neodymium iron boron permanent magnet manufacturing equipment that Hitachi Metals America, Ltd. had owned and used in North Carolina has been acquired by USA Rare Earth LLC.

Competitive Landscape

The major global players in the market include Hitachi Metals, Ltd., Shin-Etsu Chemical Co., Ltd., TDK Corporation, Sumitomo Corporation, Neo Performance Materials Inc., Adams Magnetic Products Co., Electron Energy Corporation, Ningbo Yunsheng High-Tech Magnetics Co., Ltd., Magnequench International Inc. and VACUUMSCHMELZE GmbH & Co. KG.

Why Purchase the Report?

• To visualize the global neodymium iron boron market segmentation based on product, application, end-user and region, as well as understands key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of neodymium iron boron market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global neodymium iron boron market report would provide approximately 61 tables, 59 figures and 190 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

Table of Contents

Table of Contents

1.Methodology and Scope

• 1.1.Research Methodology
• 1.2.Research Objective and Scope of the Report

2.Definition and Overview

3.Executive Summary

• 3.1.Snippet by Product
• 3.2.Snippet by Application
• 3.3.Snippet by End-User
• 3.4.Snippet by Region

4.Dynamics

• 4.1.Impacting Factors
  • 4.1.1.Drivers
    • 4.1.1.1.Growing Demand from Automotive and Energy Sector
    • 4.1.1.2.Neodymium Iron Boron Magnets Driving Innovation in Electric Vehicle Technology
  • 4.1.2.Restraints
    • 4.1.2.1.Rising Material Costs
  • 4.1.3.Opportunity
  • 4.1.4.Impact Analysis

5.Industry Analysis

• 5.1.Porter's Five Force Analysis
• 5.2.Supply Chain Analysis
• 5.3.Pricing Analysis
• 5.4.Regulatory Analysis
• 5.5.Russia-Ukraine War Impact Analysis
• 5.6.DMI Opinion

6.COVID-19 Analysis

• 6.1.Analysis of COVID-19
  • 6.1.1.Scenario Before COVID
  • 6.1.2.Scenario During COVID
  • 6.1.3.Scenario Post COVID
• 6.2.Pricing Dynamics Amid COVID-19
• 6.3.Demand-Supply Spectrum
• 6.4.Government Initiatives Related to the Market During Pandemic
• 6.5.Manufacturers Strategic Initiatives
• 6.6.Conclusion

7.By Product

• 7.1.Introduction
  • 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 7.1.2.Market Attractiveness Index, By Product
• 7.2.Bonded NdFeB Magnet*
  • 7.2.1.Introduction
  • 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 7.3.Sintered NdFeB Magnet
• 7.4.Others

8.By Application

• 8.1.Introduction
  • 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 8.1.2.Market Attractiveness Index, By Application
• 8.2.Automotive*
  • 8.2.1.Introduction
  • 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 8.3.Renewable Energy
• 8.4.Industrial Machinery
• 8.5.Medical Device
• 8.6.Consumer Electronics
• 8.7.Others

9.By End-User

• 9.1.Introduction
  • 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.1.2.Market Attractiveness Index, By End-User
• 9.2.Automotive*
  • 9.2.1.Introduction
  • 9.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 9.3.Energy
• 9.4.Electrical and Electronics
• 9.5.Healthcare
• 9.6.Manufacturing
• 9.7.Aerospace
• 9.8.Others

10.By Region

• 10.1.Introduction
  • 10.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 10.1.2.Market Attractiveness Index, By Region
• 10.2.North America
  • 10.2.1.Introduction
  • 10.2.2.Key Region-Specific Dynamics
  • 10.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 10.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.2.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.2.6.1.U.S.
    • 10.2.6.2.Canada
    • 10.2.6.3.Mexico
• 10.3.Europe
  • 10.3.1.Introduction
  • 10.3.2.Key Region-Specific Dynamics
  • 10.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 10.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.3.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.3.6.1.Germany
    • 10.3.6.2.UK
    • 10.3.6.3.France
    • 10.3.6.4.Italy
    • 10.3.6.5.Russia
    • 10.3.6.6.Rest of Europe
• 10.4.South America
  • 10.4.1.Introduction
  • 10.4.2.Key Region-Specific Dynamics
  • 10.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 10.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.4.6.
  • 10.4.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.4.7.1.Brazil
    • 10.4.7.2.Argentina
    • 10.4.7.3.Rest of South America
• 10.5.Asia-Pacific
  • 10.5.1.Introduction
  • 10.5.2.Key Region-Specific Dynamics
  • 10.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 10.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.5.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.5.6.1.China
    • 10.5.6.2.India
    • 10.5.6.3.Japan
    • 10.5.6.4.Australia
    • 10.5.6.5.Rest of Asia-Pacific
• 10.6.Middle East and Africa
  • 10.6.1.Introduction
  • 10.6.2.Key Region-Specific Dynamics
  • 10.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 10.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.6.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

11.Competitive Landscape

• 11.1.Competitive Scenario
• 11.2.Market Positioning/Share Analysis
• 11.3.Mergers and Acquisitions Analysis

12.Company Profiles

• 12.1.Hitachi Metals, Ltd.*
  • 12.1.1.Company Overview
  • 12.1.2.Product Portfolio and Description
  • 12.1.3.Financial Overview
  • 12.1.4.Key Developments
• 12.2.Shin-Etsu Chemical Co., Ltd.
• 12.3.TDK Corporation
• 12.4.Sumitomo Corporation
• 12.5.Neo Performance Materials Inc.
• 12.6.Adams Magnetic Products Co.
• 12.7.Electron Energy Corporation
• 12.8.Ningbo Yunsheng High-Tech Magnetics Co., Ltd.
• 12.9.Magnequench International Inc.
• 12.10.VACUUMSCHMELZE GmbH & Co. KG

LIST NOT EXHAUSTIVE

13.Appendix

• 13.1. About Us and Services
• 13.2.Contact Us