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ネオジム・鉄・ボロン磁石の市場規模、シェア、動向、予測：用途、地域別、2025-2033年

Neodymium-Iron-Boron Magnet Market Size, Share, Trends and Forecast by Application and Region, 2025-2033

出版日
発行
IMARC
ページ情報
英文 138 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=146.06円
ネオジム・鉄・ボロン磁石の市場規模、シェア、動向、予測：用途、地域別、2025-2033年
出版日: 2025年06月02日
発行: IMARC
ページ情報: 英文 138 Pages
納期: 2～3営業日
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  • 概要
  • 図表
  • 目次
概要

ネオジム・鉄・ボロン磁石の世界市場規模は2024年に165億9,000万米ドルとなりました。今後、IMARC Groupは、2033年には288億米ドルに達し、2025～2033年のCAGRは6.3%になると予測しています。中国は現在市場を独占しており、世界のレアアース加工と磁石生産の大部分を支配しているため、2024年には75%を超える大きな市場シェアを占めています。その統合されたサプライチェーンと政府の支援による投資が、コスト効率と市場の主導権を確実なものにしています。

世界のネオジム・鉄・ボロン（NdFeB）磁石市場は、電気自動車（EV）、風力エネルギー、家電製品における高性能磁石の需要増加により成長を遂げています。EVやハイブリッド車の採用拡大が、トラクション・モーターにおけるネオジム磁石の必要性を高めています。特に風力タービンを中心とした再生可能エネルギーへの投資の増加が、市場の拡大にさらに拍車をかけています。さらに、自動化、ロボット工学、医療用画像処理技術の進歩が需要を押し上げています。リサイクルへの取り組みや戦略的レアアース調達を含むサプライチェーンの開発が、市場の安定性を高めています。クリーンエネルギーとレアアースの国内生産を支援する政府政策も、ネオジム・鉄・ボロン磁石市場の成長に影響を与える主要促進要因です。米国は世界のネオジム磁石市場において重要な役割を担っており、その原動力は先進製造業、電気自動車（EV）ニーズの高まり、再生可能エネルギープロジェクトの増強にあります。例えば、米国エネルギー情報局（U.S. Energy Information Administration）によると、米国の電気自動車とハイブリッド車の販売台数は、新車販売台数（小型車）の18.7%を占め、2024年第1四半期の17.8%からわずかな減少を経て、2024年第2四半期には18.7%に上昇しました。さらに、同国はレアアースを特に中国からの輸入に依存しており、サプライチェーンの安全保障に影響を与えています。インフレ削減法や国内レアアース加工への資金提供など、政府のイニシアチブは自給率向上を目指しています。防衛、自動車、エレクトロニクスなどの主要産業は、高性能ネオジム磁石の採用を増やしており、市場の成長を支えています。戦略的パートナーシップと現地生産への投資により、海外供給源への依存度が低下すると予想されます。

ネオジム・鉄・ボロン磁石市場動向：

再生可能エネルギーとロボット分野でのネオジム磁石需要の高まり

風力や太陽光などの再生可能エネルギー源へのシフトの高まりは、成長に影響を与える重要なネオジム・鉄・ボロン磁石市場動向の一つです。国際エネルギー協会（International Energy Association）によると、エネルギー投資は2024年に世界で初めて3兆米ドルを超えると予想されており、そのうち2兆米ドルはクリーンエネルギーのインフラや技術に充てられます。NdFeB磁石は風力タービンの効率向上に重要な役割を果たし、この移行を支えています。さらに、特に車輪、センサー、モーションの動力源として、ロボット工学での用途が拡大しており、自動化とAI駆動技術の牽引役として市場の成長をさらに後押ししています。産業用ロボットや自律システムの急速な進歩は需要をさらに拡大し、次世代ロボット・アプリケーションにおけるネオジム磁石の役割を確固たるものにしています。

航空宇宙、ヘルスケア、コンシューマーエレクトロニクスでの用途拡大

ネオジム磁石は、航空宇宙用途、特に宇宙飛行士の宇宙ミッション中の筋緊張を維持する用途で需要が増加しています。ヘルスケア分野では、臼歯の蒸留や口蓋拡張のための歯列矯正治療に組み込まれています。コンシューマー・エレクトロニクス分野も成長を牽引しており、NdFeB磁石はスピーカー製造に使用され、音作りのための対向磁界を作り出しています。例えば、業界レポートによると、家電業界への世界のベンチャーキャピタル投資は2021年に265億米ドルに達し、この分野の拡大を裏付けています。さらに、エアコン、洗濯機、コンピュータの冷却ファンモーターなどの電化製品での役割が、ネオジム・鉄・ボロン磁石の需要をさらに押し上げています。

家庭用および産業用電化製品におけるネオジム磁石の需要拡大

ネオジム・鉄・ボロン（NdFeB）磁石の家庭用および産業用電化製品への採用が増加していることが、市場成長の原動力となっています。このような磁石は、エアコン、電子レンジ、洗濯機、コンピュータの冷却ファンモーター、乾燥機、その他の電気機器に広く利用され、効率と性能を高めています。スマートホーム技術やエネルギー効率の高い家電製品の動向の高まりが、需要をさらに促進しています。例えば、業界レポートによると、2024年現在、米国の6,991万世帯がスマートホームデバイスを積極的に利用しており、6,343万デバイスの利用を記録した2023年から10.2%増加しています。さらに、ネオジム磁石は産業オートメーションで重要な役割を果たしており、製造装置のモーターやアクチュエーターに電力を供給しています。産業界が持続可能性と省エネルギーに注力する中、電気モーターとコンプレッサーの高性能磁石の需要が伸びており、住宅用と産業用アプリケーションの両方で存在感を強めています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の希土類磁石産業

  • 市場概要
  • 市場実績
    • 数量動向
    • 金額動向
  • 市場内訳：マグネットタイプ別
  • 市場予測

第6章 世界のネオジム・鉄・ボロン（NdFeB）磁石産業

  • 市場概要
  • 市場実績
    • 数量動向
    • 金額動向
  • COVID-19の影響
  • 価格分析
    • 主要価格指標
    • 価格構造
    • 価格動向
  • 市場内訳：地域別
  • 市場内訳：用途別
  • 市場予測
  • SWOT分析
    • 概要
    • 強み
    • 弱み
    • 機会
    • 脅威
  • バリューチェーン分析
    • 希土類鉱業および製粉会社
    • 希土類酸化物メーカー
    • 希土類金属メーカー
    • 希土類合金メーカー
    • 希土類磁石メーカー
    • 製品流通
    • スクラップ磁石の除去・選別会社
    • リサイクル会社
  • ポーターのファイブフォース分析
    • 概要
    • 買い手の交渉力
    • 供給企業の交渉力
    • 競合の程度
    • 新規参入業者の脅威
    • 代替品の脅威
  • 主要成功要因とリスク要因

第7章 主要地域の実績

  • 中国
    • 市場動向
    • 市場予測
  • 日本
    • 市場動向
    • 市場予測
  • 欧州
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳：用途別

  • 自動車
  • エレクトロニクス
  • 発電機
  • 医療業界
  • 風力
  • その他

第9章 競合情勢

  • 市場構造
  • 主要企業

第10章 ネオジム・鉄・ボロン磁石（NdFeB）製造プロセス

  • 製品概要
  • 詳細なプロセスフロー
  • 様々な種類の単位操作
  • マスバランスと原材料要件

第11章 プロジェクトの詳細・必要条件・費用

  • 土地要件と費用
  • 建設要件と費用
  • 工場レイアウト
  • 工場の機械
  • 機械写真
  • 原材料の要件と支出
  • 原材料と最終製品の写真
  • 包装の要件と支出
  • 輸送の要件と支出
  • ユーティリティの要件と支出
  • 人員要件と支出
  • その他の設備投資

第12章 融資と資金援助

第13章 プロジェクトの経済性

  • プロジェクトの資本コスト
  • 技術経済的パラメーター
  • サプライチェーンの各段階における製品価格とマージン
  • 課税と減価償却
  • 収入予測
  • 支出予測
  • 財務分析
  • 利益分析
図表

List of Figures

  • Figure 1: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Major Drivers and Challenges
  • Figure 2: Global: Rare Earth Magnets Market: Volume Trends (in '000 Metric Tons), 2019-2024
  • Figure 3: Global: Rare Earth Magnets Market: Value Trends (in Million USD), 2019-2024
  • Figure 4: Global: Rare Earth Magnets Market: Breakup by Magnet Type (in %), 2024
  • Figure 5: Global: Rare Earth Magnets Market Forecast: Volume Trends (in '000 Metric Tons), 2025-2033
  • Figure 6: Global: Rare Earth Magnets Market Forecast: Value Trends (in Million USD), 2025-2033
  • Figure 7: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Volume Trends (in Metric Tons), 2019-2024
  • Figure 8: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Value Trends (in Billion USD), 2019-2024
  • Figure 9: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Average Prices (in USD/Ton), 2019-2024
  • Figure 10: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Breakup by Region (in %), 2024
  • Figure 11: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Life cycle Analysis by Region
  • Figure 12: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Breakup by Application (in %), 2024
  • Figure 13: Global: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Volume Trends (in Metric Tons), 2025-2033
  • Figure 14: Global: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Value Trends (in Billion USD), 2025-2033
  • Figure 15: Global: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Average Prices (in USD/Ton), 2025-2033
  • Figure 16: Neodymium Iron Boron (NdFeB) Magnet Market: Price Structure
  • Figure 17: Global: Neodymium Iron Boron (NdFeB) Magnet Industry: SWOT Analysis
  • Figure 18: Global: Neodymium Iron Boron (NdFeB) Magnet Industry: Value Chain Analysis
  • Figure 19: Global: Neodymium Iron Boron (NdFeB) Magnet Industry: Porter's Five Forces Analysis
  • Figure 20: China: Neodymium Iron Boron (NdFeB) Magnet Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 21: China: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 22: Japan: Neodymium Iron Boron (NdFeB) Magnet Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 23: Japan: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 24: Europe: Neodymium Iron Boron (NdFeB) Magnet Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 25: Europe: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 26: Others: Neodymium Iron Boron (NdFeB) Magnet Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 27: Others: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 28: Global: Neodymium Iron Boron (NdFeB) Magnet (Automobile) Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 29: Global: Neodymium Iron Boron (NdFeB) Magnet (Automobile) Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 30: Global: Neodymium Iron Boron (NdFeB) Magnet (Electronics) Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 31: Global: Neodymium Iron Boron (NdFeB) Magnet (Electronics) Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 32: Global: Neodymium Iron Boron (NdFeB) Magnet (Power Generators) Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 33: Global: Neodymium Iron Boron (NdFeB) Magnet (Power Generators) Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 34: Global: Neodymium Iron Boron (NdFeB) Magnet (Medical Industry) Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 35: Global: Neodymium Iron Boron (NdFeB) Magnet (Medical Industry) Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 36: Global: Neodymium Iron Boron (NdFeB) Magnet (Wind Power) Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 37: Global: Neodymium Iron Boron (NdFeB) Magnet (Wind Power) Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 38: Global: Neodymium Iron Boron (NdFeB) Magnet (Other Applications) Market: Sales Volume (in Metric Tons), 2019-2024
  • Figure 39: Global: Neodymium Iron Boron (NdFeB) Magnet (Other Applications) Market Forecast: Sales Volume (in Metric Tons), 2025-2033
  • Figure 40: Neodymium Iron Boron (NdFeB) Magnet Manufacturing: Detailed Process Flow
  • Figure 41: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Process: Conversion Rate of Products
  • Figure 42: Neodymium Iron Boron (NdFeB) Magnet Manufacturing: Proposed Plant Layout
  • Figure 43: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Breakup of Capital Costs (in %)
  • Figure 44: Neodymium Iron Boron (NdFeB) Magnet Industry: Profit Margins at Various Levels of the Supply Chain
  • Figure 45: Neodymium Iron Boron (NdFeB) Magnet Production: Manufacturing Cost Breakup (in %)

List of Tables

  • Table 1: Global: Rare Earth Magnets Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Rare Earth Magnets Market: Volume Breakup by Magnet Type
  • Table 3: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Key Industry Highlights, 2024 and 2033
  • Table 4: Global: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Breakup by Region (in Metric Tons), 2025-2033
  • Table 5: Global: Neodymium Iron Boron (NdFeB) Magnet Market Forecast: Breakup by Application (in Metric Tons), 2025-2033
  • Table 6: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Competitive Structure
  • Table 7: Global: Neodymium Iron Boron (NdFeB) Magnet Market: Key Players
  • Table 8: Key Magnet Manufacturers in China
  • Table 9: Key Magnet Manufacturers in the USA
  • Table 10: Key Magnet Manufacturers in Japan
  • Table 11: Key Magnet Manufacturers in Europe
  • Table 12: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Costs Related to Land and Site Development (in USD)
  • Table 13: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Costs Related to Civil Works (in USD)
  • Table 14: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Costs Related to Machinery (in USD)
  • Table 15: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Raw Material Requirements
  • Table 16: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Costs Related to Salaries and Wages (in USD)
  • Table 17: Neodymium Iron Boron (NdFeB) Magnet Manufacturing Plant: Costs Related to Other Capital Investments (in USD)
  • Table 18: Details of Financial Assistance Offered by Financial Institutions
目次
Product Code: SR112025A522

The global neodymium-iron-boron magnet market size was valued at USD 16.59 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 28.8 Billion by 2033, exhibiting a CAGR of 6.3% during 2025-2033. China currently dominates the market, holding a significant market share of over 75% in 2024, due to its control over most of the global rare earth processing and magnet production. Its integrated supply chain and government-backed investments ensure cost efficiency and market leadership.

The global neodymium-iron-boron (NdFeB) magnet market is experiencing growth due to increasing demand for high-performance magnets in electric vehicles (EVs), wind energy, and consumer electronics. Expanding adoption of EVs and hybrid vehicles is driving the need for NdFeB magnets in traction motors. Rising renewable energy investments, particularly in wind turbines, are further fueling market expansion. Additionally, advancements in automation, robotics, and medical imaging technologies are boosting demand. Supply chain developments, including recycling initiatives and strategic rare earth sourcing, are enhancing market stability. Government policies supporting clean energy and domestic rare earth production are also key drivers impacting the neodymium-iron-boron magnet market growth. The United States exhibits a critical role in the global NdFeB magnet market, driven by its advanced manufacturing sector, elevating need for electric vehicles (EVs), and augmenting renewable energy projects. For instance, as per the U.S. Energy Information Administration, the United States electric and hybrid vehicle sales rose to 18.7% of new vehicle sales (light-duty) during the second quarter of 2024, up from 17.8% in Q1 2024, following a slight decline. Furthermore, the country relies on imports for rare earth elements, particularly from China, impacting supply chain security. Government initiatives, including the Inflation Reduction Act and funding for domestic rare earth processing, aim to enhance self-sufficiency. Key industries, such as defense, automotive, and electronics, are increasing adoption of high-performance NdFeB magnets, supporting market growth. Strategic partnerships and investments in local production are expected to reduce dependency on foreign sources.

Neodymium-Iron-Boron Magnet Market Trends:

Rising Demand for NdFeB Magnets in Renewable Energy and Robotics

The increasing shift towards renewable energy sources, such as wind and solar, is one of the key neodymium-iron-boron magnet market trends impacting the growth. As per the International Energy Association, energy investment is anticipated to surpass USD 3 Trillion globally for the first time in the year 2024, with USD 2 Trillion being reserved for clean energy infrastructure as well as technologies. NdFeB magnets play a crucial role in enhancing wind turbine efficiency, supporting this transition. Additionally, their expanding use in robotics, particularly in powering wheels, sensors, and motion, is further fueling market growth as automation and AI-driven technologies gain traction. The rapid advancements in industrial robotics and autonomous systems are further amplifying demand, solidifying the role of NdFeB magnets in next-generation robotic applications.

Expanding Applications in Aerospace, Healthcare, and Consumer Electronics

NdFeB magnets are witnessing increasing demand in aerospace applications, particularly for maintaining astronaut muscular tonus during space missions. In healthcare, they are being integrated into orthodontic treatments for molar distillation and palatal expansion. The consumer electronics sector is also driving growth, with NdFeB magnets used in manufacturing speakers to create opposing magnetic fields for sound production. For instance, as per industry reports, the global venture capital investment in the consumer electronics industry reached USD 26.5 Billion in 2021, underscoring the sector's expansion. Additionally, their role in electrical appliances, including air conditioners, washing machines, and cooling fan motors in computers, is further boosting the neodymium-iron-boron magnet demand.

Growing Demand for NdFeB Magnets in Household and Industrial Appliances

The increasing adoption of neodymium-iron-boron (NdFeB) magnets in household and industrial appliances is driving market growth. Such magnets are widely utilized in air conditioners, microwave, washing machines, cooling fan motors in computers, dryers, and other electrical devices, enhancing efficiency and performance. The rising trend of smart home technologies and energy-efficient appliances is further fueling demand. For instance, industry reports indicate that, as of 2024, 69.91 Million U.S. household actively utilize smart home devices, exhibiting a 10.2% elevation from 2023, which recorded 63.43 Million devices use. Additionally, NdFeB magnets play a crucial role in industrial automation, powering motors and actuators in manufacturing equipment. With industries focusing on sustainability and energy savings, the demand for high-performance magnets in electric motors and compressors is growing, strengthening their presence in both residential and industrial applications, thereby shaping as positive neodymium-iron-boron magnet outlook.

Neodymium-Iron-Boron Magnet Industry Segmentation:

Analysis by Application:

  • Automobile
  • Electronics
  • Power Generators
  • Medical Industry
  • Wind Power
  • Others

Automobile leads the market with around 16.1% of market share in 2024, driven by the increasing adoption of electric vehicles (EVs) and advancements in automotive technologies. NdFeB magnets are essential for high-performance traction motors in EVs, as they offer superior magnetic strength, energy efficiency, and compact design compared to alternatives. Automakers are prioritizing these magnets to enhance vehicle performance, extend driving range, and improve overall efficiency. Additionally, conventional internal combustion engine (ICE) vehicles continue to rely on NdFeB magnets in various components, including power steering, fuel pumps, and starter motors. The growing demand for lightweight and energy-efficient vehicles further strengthens the reliance on these magnets. Governments worldwide are implementing stringent emissions regulations and incentivizing EV adoption, accelerating the demand for high-performance NdFeB magnets. As automotive electrification advances, the segment is expected to maintain its dominance, reinforcing its role as a key driver of market growth.

Regional Analysis:

  • China
  • Japan
  • Europe
  • Others

In 2024, China accounted for the largest neodymium-iron-boron magnet market share of over 75%. Growing neodymium-iron-boron magnet adoption is driven by increasing investments in manufacturing, electric vehicles, hybrid vehicles, and automotive components. For instance, China has above 600,000 existing NEV-related (new energy vehicle (NEV)) enterprises. The year 2022 witnessed 239,400 newly launched enterprises, a year-on-year elevation of 40.34%. Expanding production capabilities for advanced automotive technologies is accelerating demand for high-performance magnets in motor applications. Rising investments in next-generation electric vehicles are pushing manufacturers to integrate energy-efficient and lightweight components, enhancing overall efficiency. Hybrid vehicle advancements are contributing to the need for durable and high-strength magnets in powertrains and auxiliary systems. Increased automation in manufacturing is further driving the utilization of high-coercivity magnets for precision control in robotic systems. Automotive components, including power steering, braking, and infotainment systems, are incorporating high-performance magnets for enhanced functionality. Continuous development in permanent magnet-based propulsion systems is reinforcing market demand. Strengthened supply chains are ensuring steady availability of essential raw materials.

Key Regional Takeaways:

United States Neodymium-Iron-Boron Magnet Market Analysis

In 2024, the United States accounted for 82.60% of the market share in North America. The United States holds a significant position in the global NdFeB magnet market, driven by increasing demand from industries such as automotive, consumer electronics, and defense. The transition to electric vehicles (EVs) is a major growth factor, as NdFeB magnets are critical for high-performance traction motors. For instance, as per industry reports, Hyundai achieved its 5th consecutive record sales month across the United States, influenced by strong demand for new EVs, mainly 2025 IONIQ 5. February 2025 marked its highest U.S. sales for the month, with over 62,000 vehicles sold, exhibiting a 3% elevation from February 2024. This growth surpassed the industry's projected average of approximately 1%. The defense sector also relies on these magnets for advanced weaponry, communication systems, and aerospace applications. However, the U.S. faces challenges due to heavy reliance on Chinese imports for rare earth materials. Efforts to strengthen domestic supply chains include government-backed initiatives to boost rare earth mining and magnet production. Companies are investing in recycling technologies to recover neodymium from end-of-life products, aiming to reduce supply risks. With ongoing policy support and technological advancements, the U.S. is working to secure a more self-sufficient and competitive position in the NdFeB magnet market.

Japan Neodymium-Iron-Boron Magnet Market Analysis

Growing neodymium-iron-boron magnet adoption is propelled by increasing investment in healthcare and the medical industry and facilities. For instance, as of October 1, 2021, the number of hospitals across Japan (excluding dental as well as medical clinics) totalled 8,205. The number of hospital beds were found to be 1,500,057 (1,195.2 per 100,000 population). Expanding medical imaging applications are driving the demand for high-strength magnets in MRI machines, ensuring enhanced diagnostic capabilities. Increasing advancements in medical device miniaturization are fostering the use of compact and powerful magnets in implantable and wearable devices. Growing technological innovations in prosthetics and orthopedic solutions are integrating high-performance magnetic components for improved mobility and precision. Rising adoption of magnetically controlled drug delivery systems is enhancing treatment efficiency, optimizing therapeutic outcomes. Strengthened investments in next-generation rehabilitation technologies are supporting the utilization of specialized magnets for motion assistance devices. Increasing demand for robotic-assisted surgery is fuelling the integration of high-coercivity magnets in precision-guided surgical tools. Advancements in bioelectronics are pushing research into innovative magnetic applications for neuromodulation and patient monitoring.

Europe Neodymium-Iron-Boron Magnet Market Analysis

The rising deployment of neodymium-iron-boron in the wind power sector is driven by the increasing transition toward renewable energy sources and sustainable power generation. The rapid expansion of wind power installations and the shift from conventional turbines to high-efficiency direct-drive systems are amplifying the demand for neodymium-iron-boron magnets. For instance, Europe deployed 18.3 GW of new wind capacity during 2023. With an emphasis on lowering carbon emissions and achieving energy security, the adoption of permanent magnet generators in wind power projects is growing. The strong magnetic properties and high coercivity of neodymium-iron-boron enable efficient energy conversion, enhancing the reliability and longevity of wind turbines. Technological advancements in offshore wind power projects, particularly in large-scale turbines, are increasing the need for durable and high-strength neodymium-iron-boron components. Investments in grid infrastructure and energy storage solutions are supporting the integration of wind power, further driving demand for advanced magnet technologies. The push for localized production and supply chain resilience is fostering research into sustainable extraction and recycling of neodymium-iron-boron, ensuring long-term availability for the growing wind power sector.

Competitive Landscape:

The magnet market features intense competition among key players. Market participants focus on technological advancements, supply chain optimization, and sustainability initiatives to secure a competitive edge. The sector witnesses increasing R&D investments to enhance magnet performance and reduce dependence on critical raw materials like dysprosium and terbium. Vertical integration strategies and collaborations with end-user industries strengthen market positions. China is prominent in global production, influencing pricing and supply dynamics. For instance, IMARC Group states that NdFeB magnet market size across China is anticipated to grow to 1,55,380 Tons by the year 2033. Furthermore, regulatory policies, particularly regarding rare earth mining and environmental sustainability, significantly impact market strategies. Emerging players from Asia-Pacific further intensify competition through cost-efficient manufacturing capabilities.

The report provides a comprehensive analysis of the competitive landscape in the neodymium-iron-boron magnet market with detailed profiles of all major companies.

Latest News and Developments:

  • January 2025: MP Materials has begun manufacturing rare-earth neodymium magnets in the U.S., challenging China's dominance. The Fort Worth, Texas, facility is producing on a trial basis, aiming for full-scale production by year-end. Initial capacity is 1,000 tonnes annually, with potential expansion to 3,000 tonnes. General Motors and other U.S. manufacturers are expected customers.
  • January 2025: E-Vac Magnetics, a US subsidiary of Germany's VAC Group, will build a rare earth magnet plant in Sumter, South Carolina, set to open in late 2025. The facility will manufacture high-performance NdFeB magnets for utilization ion defense and electric vehicles. The US Department of Defense is providing USD 94.1 Million for equipment and infrastructure. VAC confirmed a long-term supply agreement with GM for the plant's output.
  • December 2024: HyProMag USA plans a rare earth magnet facility in the U.S., utilizing hydrogen processing to recycle neodymium iron boron (NdFeB) magnets. A feasibility study confirms its viability, supported by CoTec Holdings and Mkango Resources. The process, developed at the University of Birmingham, recovers NdFeB alloy powder from magnet scrap. This technology offers a lower-carbon alternative to traditional recycling methods.
  • July 2024: Mkango Resources' UK rare earth magnet plant at Tyseley Energy Park is set to begin operations in early 2025. The facility will focus on short-loop recycling and manufacturing of neodymium iron boron (NdFeB) magnets with a low carbon footprint. Final equipment delivery, infrastructure installation, and permitting are key to the timeline. Strong interest from potential partners highlights the growing demand for sustainable NdFeB solutions.
  • August 2023: ZHAOBAO MAGNET is set to boost its Neodymium Iron Boron magnet production capacity to 8,000 tons by 2024 with a new factory. The expansion aims to meet rising demand in the Sintered Neodymium magnet market. The facility will enhance global supply and strengthen ZHAOBAO MAGNET's industry presence. The company expects increased customer engagement and market influence post-completion.

Key Questions Answered in This Report

  • 1.How big is the neodymium-iron-boron magnet market?
  • 2.What is the future outlook of neodymium-iron-boron magnet market?
  • 3.What are the key factors driving the neodymium-iron-boron magnet market?
  • 4.Which region accounts for the largest neodymium-iron-boron magnet market share?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Rare Earth Magnet Industry

  • 5.1 Market Overview
  • 5.2 Market Performance
    • 5.2.1 Volume Trends
    • 5.2.2 Value Trends
  • 5.3 Market Breakup by Magnet Type
  • 5.4 Market Forecast

6 Global Neodymium-Iron-Boron (NdFeB) Magnet Industry

  • 6.1 Market Overview
  • 6.2 Market Performance
    • 6.2.1 Volume Trends
    • 6.2.2 Value Trends
  • 6.3 Impact of COVID-19
  • 6.4 Price Analysis
    • 6.4.1 Key Price Indicators
    • 6.4.2 Price Structure
    • 6.4.3 Price Trends
  • 6.5 Market Breakup by Region
  • 6.6 Market Breakup by Application
  • 6.7 Market Forecast
  • 6.8 SWOT Analysis
    • 6.8.1 Overview
    • 6.8.2 Strengths
    • 6.8.3 Weaknesses
    • 6.8.4 Opportunities
    • 6.8.5 Threats
  • 6.9 Value Chain Analysis
    • 6.9.1 Rare Earth Mining and Milling Companies
    • 6.9.2 Rare Earth Oxide Manufacturers
    • 6.9.3 Rare Earth Metal Manufacturers
    • 6.9.4 Rare Earth Alloy Manufacturers
    • 6.9.5 Rare Earth Magnet Manufacturers
    • 6.9.6 Product Distribution
    • 6.9.7 Scrap Magnets Removing and Separating Companies
    • 6.9.8 Recycling Companies
  • 6.10 Porter's Five Forces Analysis
    • 6.10.1 Overview
    • 6.10.2 Bargaining Power of Buyers
    • 6.10.3 Bargaining Power of Suppliers
    • 6.10.4 Degree of Competition
    • 6.10.5 Threat of New Entrants
    • 6.10.6 Threat of Substitutes
  • 6.11 Key Success and Risk Factors

7 Performance of Key Regions

  • 7.1 China
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Japan
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Europe
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Automobile
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Electronics
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Power Generators
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Medical Industry
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Wind Power
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Competitive Landscape

  • 9.1 Market Structure
  • 9.2 Key Players

10 Neodymium-Iron-Boron Magnet (NdFeB) Manufacturing Process

  • 10.1 Product Overview
  • 10.2 Detailed Process Flow
  • 10.3 Various Types of Unit Operations Involved
  • 10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved

  • 11.1 Land Requirements and Expenditures
  • 11.2 Construction Requirements and Expenditures
  • 11.3 Plant Layout
  • 11.4 Plant Machinery
  • 11.5 Machinery Pictures
  • 11.6 Raw Material Requirements and Expenditures
  • 11.7 Raw Material and Final Product Pictures
  • 11.8 Packaging Requirements and Expenditures
  • 11.9 Transportation Requirements and Expenditures
  • 11.10 Utility Requirements and Expenditures
  • 11.11 Manpower Requirements and Expenditures
  • 11.12 Other Capital Investments

12 Loans and Financial Assistance

13 Project Economics

  • 13.1 Capital Cost of the Project
  • 13.2 Techno-Economic Parameters
  • 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
  • 13.4 Taxation and Depreciation
  • 13.5 Income Projections
  • 13.6 Expenditure Projections
  • 13.7 Financial Analysis
  • 13.8 Profit Analysis