Global Neodymium Iron Boron Magnets Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

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. The Neodymium Iron Boron Magnets market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Neodymium Iron Boron Magnets market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Neodymium Iron Boron Magnets Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Neodymium Iron Boron Magnets market are: Shougang Magnetic Material MMC TDK Tianhe Magnets Jingci Magne Ningbo Yunsheng Hitachi Metals Zhenfhai Magnetic Vacuumschmelze Most important types of Neodymium Iron Boron Magnets products covered in this report are: Sintered NdFeB Magnet Bonded NdFeB Magnet Most widely used downstream fields of Neodymium Iron Boron Magnets market covered in this report are: Consumer electronics Industrial Motor Energy-Saving Appliances Vehicle Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.