Please Wait.....
Report
China Neodymium Iron Boron Magnet Market Report by Application (Automobile, Electronics, Power Generators, Medical Industry, Wind Power, and Others), Domestic Consumption and Exports (Domestic Consumption, Exports), and Region 2024-2032
Market Report I 2024-01-30 I 117 Pages I IMARC Group
The China NdFeB magnet market size reached 102,200 Tons in 2023. Looking forward, IMARC Group expects the market to reach 150,700 Tons by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.
Neodymium - Iron - Boron (NdFeB) are the strongest types of permanent magnets commercially available. These magnets have the highest energy product for their mass compared to other permanent magnets and create the strongest magnetic field. This strong magnetic strength allows for significant product miniaturisation, improved product performance, super strong adhesive force and reduced manufacturing costs. NdFeB magnets are available in a wide range of shapes, sizes and grades and can be found in a variety of applications such as high-performance motors, brushless DC motors, magnetic separation, magnetic resonance imaging, sensors and loudspeakers.
The market for NdFeB magnets in China is strongly driven by the abundant availability of raw materials required for their production. China has the largest reserve of rare-earth minerals and holds a monopoly over the raw materials. However, since the regulations for exporting the raw materials have become stringent over the past few years, the industries that are dependent on these magnets have set up their plants in China in order to reduce their production costs. Some of the industries where the demand for these magnets is growing include electronics, medical devices, automobiles, wind industry, etc.
IMARC Group's latest report provides a deep insight into the China neodymium-iron-boron magnet market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the China neodymium-iron-boron magnet market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the China NdFeB magnet market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on application, and domestic consumption and exports.
Breakup by Application:
Automobile
Electronics
Power Generators
Medical Industry
Wind Power
Others
Breakup by Region:
Guangdong
Jiangsu
Shandong
Zhejiang
Henan
Others
Breakup by Domestic Consumption and Exports:
Domestic Consumption
Exports
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the China neodymium iron boron magnet market in 2023?
2. What is the expected growth rate of the China neodymium iron boron magnet market during 2024-2032?
3. What are the key factors driving the China neodymium iron boron magnet market?
4. What has been the impact of COVID-19 on the China neodymium iron boron magnet market?
5. What is the breakup of the China neodymium iron boron magnet market based on the application?
6. What is the breakup of the China neodymium iron boron magnet market based on the domestic consumption and exports?
7. What are the key regions in the China neodymium iron boron magnet market?
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 China Neodymium-Iron-Boron Magnet Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Application
5.5 Market Breakup by Domestic Consumption and Exports
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 PESTEL Analysis
5.11.1 Political
5.11.2 Economic
5.11.3 Social
5.11.4 Legal
5.11.5 Environmental
5.11.6 Technological
5.12 Price Analysis
5.12.1 Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
6 Market Breakup by Application
6.1 Automobile
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electronics
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Power Generators
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Medical Industry
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Wind Power
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Domestic Consumption and Exports
7.1 Domestic Consumption
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Exports
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 Guangdong
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Jiangsu
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Shandong
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Zhejiang
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Henan
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Government Regulations
10 Strategic Recommendations
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
Figure 1: China: Neodymium-Iron-Boron Magnet Market: Major Drivers and Challenges
Figure 2: China: Neodymium-Iron-Boron Magnet Market: Volume Trends (in Tons), 2018-2023
Figure 3: China: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018-2023
Figure 4: China: Neodymium-Iron-Boron Magnet Market: Breakup by Application (in %), 2023
Figure 5: China: Neodymium-Iron-Boron Magnet Market: Breakup by Domestic Consumption and Exports (in %), 2023
Figure 6: China: Neodymium-Iron-Boron Magnet Market: Breakup by Region (in %), 2023
Figure 7: China: Neodymium-Iron-Boron Magnet Market Forecast: Volume Trends (in Tons), 2024-2032
Figure 8: China: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 9: China: Neodymium-Iron-Boron Magnet Industry: SWOT Analysis
Figure 10: China: Neodymium-Iron-Boron Magnet Industry: Value Chain Analysis
Figure 11: China: Neodymium-Iron-Boron Magnet Industry: Porter's Five Forces Analysis
Figure 12: China: Neodymium-Iron-Boron Magnet Industry: PESTEL Analysis
Figure 13: China: Neodymium-Iron-Boron Magnet (Automobile) Market: Value Trends (in Million US$), 2018 & 2023
Figure 14: China: Neodymium-Iron-Boron Magnet (Automobile) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 15: China: Neodymium-Iron-Boron Magnet (Electronics) Market: Value Trends (in Million US$), 2018 & 2023
Figure 16: China: Neodymium-Iron-Boron Magnet (Electronics) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 17: China: Neodymium-Iron-Boron Magnet (Power Generators) Market: Value Trends (in Million US$), 2018 & 2023
Figure 18: China: Neodymium-Iron-Boron Magnet (Power Generators) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 19: China: Neodymium-Iron-Boron Magnet (Medical Industry) Market: Value Trends (in Million US$), 2018 & 2023
Figure 20: China: Neodymium-Iron-Boron Magnet (Medical Industry) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 21: China: Neodymium-Iron-Boron Magnet (Wind Power) Market: Value Trends (in Million US$), 2018 & 2023
Figure 22: China: Neodymium-Iron-Boron Magnet (Wind Power) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 23: China: Neodymium-Iron-Boron Magnet (Other Applications) Market: Value Trends (in Million US$), 2018 & 2023
Figure 24: China: Neodymium-Iron-Boron Magnet (Other Applications) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 25: China: Neodymium-Iron-Boron Magnet (Domestic Consumption) Market: Value Trends (in Million US$), 2018 & 2023
Figure 26: China: Neodymium-Iron-Boron Magnet (Domestic Consumption) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 27: China: Neodymium-Iron-Boron Magnet (Exports) Market: Value Trends (in Million US$), 2018 & 2023
Figure 28: China: Neodymium-Iron-Boron Magnet (Exports) Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 29: Guangdong: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018 & 2023
Figure 30: Guangdong: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 31: Jiangsu: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018 & 2023
Figure 32: Jiangsu: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 33: Shandong: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018 & 2023
Figure 34: Shandong: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 35: Zhejiang: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018 & 2023
Figure 36: Zhejiang: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 37: Henan: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018 & 2023
Figure 38: Henan: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 39: Other Regions: Neodymium-Iron-Boron Magnet Market: Value Trends (in Million US$), 2018 & 2023
Figure 40: Other Regions: Neodymium-Iron-Boron Magnet Market Forecast: Value Trends (in Million US$), 2024-2032
Table 1: China: Neodymium-Iron-Boron Magnet Market: Key Industry Highlights, 2023 and 2032
Table 2: China: Neodymium-Iron-Boron Magnet Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 3: China: Neodymium-Iron-Boron Magnet Market Forecast: Breakup by Domestic Consumption and Exports (in Million US$), 2024-2032
Table 4: China: Neodymium-Iron-Boron Magnet Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: China: Neodymium-Iron-Boron Magnet Market Structure
Table 6: China: Neodymium-Iron-Boron Magnet Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security