COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic

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. Neodymium magnets have replaced alnico and ferrite magnets in many of the myriad applications in modern technology where strong permanent magnets are required, because their greater strength allows the use of smaller, lighter magnets for a given application.

This report provides detailed analysis of worldwide markets for Neodymium Magnet from 2011-2015 and provides extensive market forecasts 2016-2021 by region/country and subsectors. It covers the key technological and market trends in the Neodymium Magnet market and further lays out an analysis of the factors influencing the supply/demand for Neodymium Magnet, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.

GCC’s report, Global Neodymium Magnet Market Outlook 2016-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global Neodymium Magnet market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Neodymium Magnet market are Hitachi Metals (Japan), Shin-Etsu (Japan), TDK (Japan), Daido Electronics (Japan), VAC (Germany), SGM Magnetics (USA), Ta Tong Magnet (Taiwan), Zhong Ke San Huan (China), Ningbo Yunsheng (China), Yantai Shougang Magnetic Materials (China), JL MAG Rare-Earth (China), Yantai Zhenghai Magnetic (China), Advanced Technology & Materials (China), Ningbo Jinji Strong Magnetic Material (China), Zhejiang Innuovo Magnetics (China), Chengdu Galaxy Magnetic (China), Ningbo Zhongyuan Magnetic (China), Anhui Earth-Panda (China), Magsuper Magsuper (China) , among others.

The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Neodymium Magnet industry has been provided.