Product Code: SR1020B186_Report
Neodymium-Iron-Boron (NdFeB) magnets are the strongest and most affordable types of rare earth magnets. These magnets exhibit numerous characteristics due to which they have become quite popular in recent years. Although, NdFeB magnets have a lower curie temperature and are susceptible to oxidation, they offer the highest magnetic field strength and magnetic stability. As a result, they are used in electric motors, power tools, and other products requiring strong, compact permanent magnets. According to IMARC group, the Neodymium-Iron-Boron magnet market exhibited moderate growth during 2015-2020. The rapidly expanding industrial applications, limited substitutes for Neodymium magnets and the government initiatives to stimulate the use of green technologies so as to decrease the greenhouse gas emissions are some of the factors which are expected to drive a steady growth of the global Neodymium-Iron-Boron magnet market.
IMARC group's latest study "Neodymium-Iron-Boron Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" provides a techno-commercial roadmap for setting up a Neodymium-Iron-Boron magnet manufacturing plant. The study, which has been done by one of the world's leading research and advisory firms, covers all the requisite aspects of the Neodymium-Iron-Boron magnet market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have or plan to have any kind of stake in the Neodymium-Iron-Boron magnet market. Looking forward, IMARC Group expects the global Neodymium-Iron-Boron magnet market to reach a volume of 168,364 Tons by 2026, exhibiting moderate growth during the forecast period (2021-2026).
The report has segmented the market on the basis of application. Currently, Motor and Generators represent the largest sector followed by HDD/CD/DVD, Transportation, Energy Production and Storage, Transducers and Drives, Clutches and Braking. Country-wise, China is the leading producer as well as the consumer due to its monopolistic hold over the raw materials used to produce them. Japan represents the second largest market for NdFeB magnets followed by Europe and the USA. As China provides a secure and economical supply of the major raw materials, most of the rare earth magnets manufacturers are based in China. Other manufacturers are located in the USA, Europe and Japan.
Key Questions Answered in This Report:
- How has the neodymium iron boron (NdFeB) magnet market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global neodymium iron boron (NdFeB) magnet industry?
- What has been the impact of COVID-19 on the global neodymium iron boron (NdFeB) magnet industry?
- Which are the key end-use industries for neodymium iron boron (NdFeB) magnet?
- What are the various stages in the value chain of the neodymium iron boron (NdFeB) magnet industry?
- What are the key driving factors and challenges in the neodymium iron boron (NdFeB) magnet industry?
- What is the structure of the neodymium iron boron (NdFeB) magnet industry and who are the key players?
- What is the degree of competition in the neodymium iron boron (NdFeB) magnet industry?
- What are the profit margins in the neodymium iron boron (NdFeB) magnet industry?
- What are the key requirements for setting up a neodymium iron boron (NdFeB) magnet manufacturing plant?
- How is a neodymium iron boron (NdFeB) magnet manufactured?
- What are the various unit operations involved in a neodymium iron boron (NdFeB) magnet plant?
- What is the total size of land required for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the machinery requirements for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the raw material requirements for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the packaging requirements for a neodymium iron boron (NdFeB) magnet?
- What are the transportation requirements for a neodymium iron boron (NdFeB) magnet?
- What are the utility requirements for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the manpower requirements for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the infrastructure costs for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the capital costs for setting up a neodymium iron boron (NdFeB) magnet plant?
- What are the operating costs for setting up a neodymium iron boron (NdFeB) magnet plant?
- What will be the income and expenditures for a neodymium iron boron (NdFeB) magnet plant?
- What is the time required to break-even?
Table of Contents
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
- 4.1 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 Trend
- 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 Applications
- 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