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市場調查報告書
商品編碼
1455770

全球釹鐵硼市場-2024-2031

Global Neodymium Iron Boron Market -2024-2031

出版日期: | 出版商: DataM Intelligence | 英文 190 Pages | 商品交期: 約2個工作天內

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簡介目錄

概述

2023年全球釹鐵硼市場規模達141億美元,預計2031年將達222億美元,2024-2031年預測期間CAGR為5.9%。

由於釹鐵硼在電子、醫療保健、汽車和再生能源等多個行業中發揮關鍵作用,其市場正在全球迅速擴張。由於其非凡的磁性,釹鐵硼磁鐵的需求量很大,並且是許多當代技術應用的重要組成部分。

印度新稀土磁鐵工廠的建設預計將推動全球釹鐵硼市場的進一步擴張。印度稀土磁鐵的製造代表了全球供應鏈的重大轉變,減少了對中國等老牌供應商的依賴,並提高了全球下游產業的供應安全。

例如,2023 年 5 月,根據 Engineering Projects (India) Limited 發布的消息,莫迪總理正式為維沙卡帕特南稀土永磁工廠揭幕。根據聲明,EPI 耗資 16.5 億盧比在巴巴原子研究中心現址內建造了磁鐵工廠。為IREL(印度)有限公司建造了一座稀土磁鐵工廠。該公告進一步指出,IREL(印度)有限公司是該磁鐵工廠建設的預定接收方。新建工廠將生產釤鈷、釹鐵硼等稀土磁體。該工廠將採用BARC的還原擴散製程。因此,印度市場對區域市場的成長做出了巨大貢獻。

動力學

汽車和能源產業需求不斷成長

電網規模儲能解決方案中的多個組件也需要釹鐵硼磁體,例如磁儲能系統和鋰離子電池。透過提高儲存系統的能量密度和效率,這些磁鐵有助於穩定電網並促進電網對再生能源的整合。

已知最強的商用磁鐵由釹、鐵和硼製成;這些元素也是稀土產業的主要催化劑。由於釹鐵硼永磁體對於風力發電和電動車等綠色技術至關重要,因此最近對磁鐵的需求激增。

每輛電動車都含有約 2 至 2.5 公斤的 NdFeB 磁鐵,因此,隨著政府鼓勵「綠色」做法,壓力將會增加。汽車揚聲器、電動煞車、發電機起動器、驅動馬達、感測器和點火單元都含有這些強大的磁鐵。強永磁體中使用的主要稀土元素是铽 (Tb)、鏑 (Dy)、釹 (Nd) 和釹镨。輕稀土元素Nd和NdPr比較常見。大量稀土元素 Dy 和 Tb 顯著增加了磁鐵的總成本,因為它們既昂貴又不常見。

釹鐵硼磁鐵推動電動車技術創新

由於 NdFeB 磁鐵具有出色的磁特性,包括高強度和能量密度,因此可以產生體積小、重量輕的電動馬達。電動車中的輕量零件有助於提高行駛里程並提高能源效率,從而降低實現足夠行駛里程所需的電池尺寸和成本。

2022年12月,在電動車中,釹鐵硼磁鐵的工作溫度較高。據科技部稱,科學家已經開發出廉價、不含稀土的磁鐵,電動車對這種磁鐵的需求更高,並且可以降低其成本。

用於電動車的釹鐵硼磁鐵需要很強的抗退磁能力,因為它們的工作溫度在攝氏150-200度之間。因此,為了提高抗退磁性,添加鏑金屬作為合金。除此之外,這種新方法還可用於在印度商業化生產 Nd-Fe-B 磁鐵,從而減少汽車產業所需關鍵零件的進口。

材料成本上漲

由於鏑和釹等稀土元素的成本上漲,釹鐵硼磁鐵製造商的利潤率可能會受到壓縮。對於在競爭激烈的市場中營運、利潤微薄的公司來說,材料成本的上漲而產品定價卻沒有相應的提高,可能會損害獲利能力。

釹鐵硼磁鐵製造商可能面臨承受材料成本上漲或將其轉嫁給客戶的壓力。在消費性電子和汽車等價格敏感行業,將更高的成本轉嫁給客戶可能會導致價格敏感度和阻力,從而降低對釹鐵硼磁鐵的需求。

目錄

目錄

第 1 章:方法與範圍

  • 研究方法論
  • 報告的研究目的和範圍

第 2 章:定義與概述

第 3 章:執行摘要

  • 按產品分類
  • 按應用程式片段
  • 最終使用者的片段
  • 按地區分類的片段

第 4 章:動力學

  • 影響因素
    • 促進要素
      • 汽車和能源產業需求不斷成長
      • 釹鐵硼磁鐵推動電動車技術創新
    • 限制
      • 材料成本上漲
    • 機會
    • 影響分析

第 5 章:產業分析

  • 波特五力分析
  • 供應鏈分析
  • 定價分析
  • 監管分析
  • 俄烏戰爭影響分析
  • DMI 意見

第 6 章:COVID-19 分析

  • COVID-19 分析
    • 新冠疫情爆發前的情景
    • 新冠疫情期間的情景
    • 新冠疫情後的情景
  • COVID-19 期間的定價動態
  • 供需譜
  • 疫情期間政府與市場相關的舉措
  • 製造商策略舉措
  • 結論

第 7 章:依產品

  • 黏結釹鐵硼磁鐵
  • 燒結釹鐵硼磁鐵
  • 其他

第 8 章:按應用

  • 汽車
  • 再生能源
  • 工業機械
  • 醫療裝置
  • 消費性電子產品
  • 其他

第 9 章:最終用戶

  • 汽車
  • 能源
  • 電氣和電子
  • 衛生保健
  • 製造業
  • 航太
  • 其他

第 10 章:按地區

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 法國
    • 義大利
    • 俄羅斯
    • 歐洲其他地區
  • 南美洲
    • 巴西
    • 阿根廷
    • 南美洲其他地區
  • 亞太
    • 中國
    • 印度
    • 日本
    • 澳洲
    • 亞太其他地區
  • 中東和非洲

第 11 章:競爭格局

  • 競爭場景
  • 市場定位/佔有率分析
  • 併購分析

第 12 章:公司簡介

  • Hitachi Metals, Ltd.
    • 公司簡介
    • 產品組合和描述
    • 財務概覽
    • 主要進展
  • Shin-Etsu Chemical Co., Ltd.
  • TDK Corporation
  • Sumitomo Corporation
  • Neo Performance Materials Inc.
  • Adams Magnetic Products Co.
  • Electron Energy Corporation
  • Ningbo Yunsheng High-Tech Magnetics Co., Ltd.
  • Magnequench International Inc.
  • VACUUMSCHMELZE GmbH & Co. KG

第 13 章:附錄

簡介目錄
Product Code: MM802

Overview

Global Neodymium Iron Boron Market reached US$ 14.1 billion in 2023 and is expected to reach US$ 22.2 billion by 2031, growing with a CAGR of 5.9% during the forecast period 2024-2031.

The market for Neodymium Iron Boron is expanding rapidly globally because of its critical role in several industries, including electronics, healthcare, automotive and renewable energy. Due to their extraordinary magnetic qualities, NdFeB magnets are in great demand and are essential parts of many contemporary technological applications.

The building of a new rare earth magnet plant in India is anticipated to propel more expansion in the global NdFeB market. The manufacturing of rare earth magnets by India represents a significant shift in the global supply chain, lowering reliance on established suppliers like China and boosting supply security for downstream sectors around the globe.

For instance, in May 2023, according to a release from Engineering Projects (India) Limited, PM Modi formally inaugurated the Vishakhapatnam Rare Earth Permanent Magnet Plant. According to the statement, the EPI built the magnet plant, which cost Rs 165 crores, inside the Bhabha Atomic Research Centre's current location. For IREL (India) Ltd., a Rare Earth Magnet Plant was built. The announcement further stated that IREL (India) Limited was the intended recipient of the magnet plant's construction. The newly built plant will be producing the rare earth magnets includes samarium cobalt and neodymium iron boron. The factory will employ BARC's reduction-diffusion process. Therefore, the Indian market significantly contributes to the growth of the regional market.

Dynamics

Growing Demand from Automotive and Energy Sector

NdFeB magnets are also needed for several components in grid-scale energy storage solutions, like magnetic energy storage systems and lithium-ion batteries. By increasing the energy density and efficiency of storage systems, these magnets help stabilize the grid and facilitate the grid's integration of renewable energy sources.

The strongest commercial magnets known made of neodymium, iron and boron; these elements also serve as the primary catalysts for the rare earth sector. Because NdFeB permanent magnets are essential to green technologies like wind power and electric cars, there has been a recent surge in demand for magnets.

Around 2 to 2.5 kilograms of NdFeB magnets are contained in every electric vehicle, so as governments encourage "greener" practices, pressure will increase. Car speakers, electric brakes, generator starters, drive motors, sensors and ignition cells all contain these powerful magnets. The primary rare earth elements utilized in strong permanent magnets are terbium (Tb), dysprosium (Dy), neodymium (Nd) and neodymium praseodymium. Light rare earth elements Nd and NdPr are relatively common. The substantial rare earth elements Dy and Tb add significantly to the overall cost of the magnets because they are both costly and uncommon.

Neodymium Iron Boron Magnets Driving Innovation in Electric Vehicle Technology

Electric motors that are small and light can be produced because of the outstanding magnetic features of NdFeB magnets, which include great strength and energy density. Lightweight components in EVs help to enhance the driving range and improve energy efficiency, which lowers the size and cost of the battery needed to achieve a sufficient range.

In December 2022, in electric vehicles, neodymium iron boron magnets operate at higher temperature. As per the Ministry of Science and Technology, scientists have developed inexpensive, rare-earth free magnets, which are in higher demand for electric vehicles and can reduce their cost.

Neodymium iron boron magnets, which are used in electric vehicles, require a strong resistance to demagnetization because they function at temperatures between 150-200 degree Celsius. Therefore, to increase the resistance to demagnetization, dysprosium metal is added as an alloy. In addition to this, the novel approach may also be utilized to commercially produce Nd-Fe-B magnets in India, hence lowering imports of the key components needed by the automotive industry.

Rising Material Costs

The manufacturers of NdFeB magnets might encounter compressed profit margins due to the rising cost of rare earth elements, including dysprosium and neodymium. For companies operating in competitive marketplaces with narrow margins, rising material costs without equivalent increases in product pricing can be detrimental to profitability.

Pressure to absorb or pass on rising material costs to customers may be applied to NdFeB magnet manufacturers. In price-sensitive industries like consumer electronics and automobiles, passing on higher costs to customers can result in price sensitivity and resistance, which could lower demand for NdFeB magnets.

Segment Analysis

The global neodymium iron boron market is segmented based on product, application, end-user and region.

Supply Chain Innovation Driving Growth in the Sintered NdFeB Magnet Market

Sintered NdFeB magnets facilitate the miniaturization of electronic devices and components by delivering high magnetic flux density in small packages. Its capacity to generate powerful magnetic fields in small volumes enables the development of smaller, lighter and more efficient products such as cellphones, computers, hard disc drives and medical devices.

For instance, in July 2023, the adjacent Neo rare earth separations facility in Sillamae, Estonia will supply the Narva plant with rare earth feedstock from U.S. and other sources. Neodymium-iron-boron sintered magnets will be made from these high-purity magnetic rare earth oxides. Neo officials intend to promote a more cohesive supply chain for sintered permanent rare earth magnets made from manufacturing swarf and recycled end-of-life magnets.

The is Europe's first mine-to-magnets supply chain and a vast range of technologies that lower carbon dioxide emissions, boost energy efficiency and support EU attempts to become carbon neutral rely on smelted rare earth permanent magnets. Since they boost the motors' power and efficiency, these magnets are particularly essential to the drivetrains of most modern electric cars. Therefore, the sintered NdFeB magnet product segment contribute significant to the global segmental share.

Geographical Penetration

Mitigating Supply Chain Risks Diversifying the Asia-Pacific's Role in the NdFeB Magnet Market

The stability of the supply chain is at threat if China or another single location becomes the primary source of NdFeB magnets. By lowering reliance on any one supplier and lowering the risk of supply chain interruptions, geopolitical unrest or trade conflicts, the expanding supply from Asia-Pacific manufacturers contributes to the globally NdFeB market's diversification.

For instance, in August 2023, a five-year agreement has been signed by Australian Strategic Materials to supply magnet manufacturer USA Rare Earth LLC with neodymium iron boron (NdFeB) alloy from its Korean Metals Plant.

With this agreement, USA Rare Earth will be able to meet around 60% of its metal and alloy requirements for producing permanent magnets for wind turbines and electric vehicles until it starts using resources from its own Round Top reserve in Texas. The first shipment of NdFeB alloy from ASM's KMP is anticipated in 2024 and will be sent to USA Rare Earth's Oklahoman Stillwater facility. Therefore, Asia-Pacific is contributing significantly to the growth of the global neodymium iron boron market.

COVID-19 Impact Analysis

The COVID-19 pandemic has increased the risk to the NdFeB magnet supply chain, which has been controlled by a small number of countries. Furthermore, the necessity for developing local sources of NdFeB magnets that may reduce supply risks and uncertainties has increased due to the growing significance of these magnets for clean energy applications like electric vehicles.

Lockdowns, limitations on mobility and the disruptions of transportation networks during the early stages of the pandemic caused supply chain problems for raw materials, manufacturing components and finished goods, including NdFeB magnets. Reductions in production capacity and factory closures in major manufacturing hubs like China intensified the disruptions in the supply chain.

Russia-Ukraine War Impact Analysis

Geopolitical tensions resulted from the conflict between Russia and Ukraine has the potential to lead to instability in the region specifically in the European and its nearby countries and influence the dynamics of global trade. Companies involved in the NdFeB magnet industry may have to witness the difficulties in managing their supply chains, making investment decisions and expanding their market due to geopolitical unpredictability and instability.

Increased supply chain interruptions and geopolitical conflicts may be factors in the NdFeB magnet market's volatility. Variations in the cost of raw materials, exchange rates and geopolitical risk premiums can affect an effect on pricing dynamics and profitability in the market.

By Product

  • Bonded NdFeB Magnet
  • Sintered NdFeB Magnet
  • Others

By Application

  • Automotive
  • Renewable Energy
  • Industrial Machinery
  • Medical Device
  • Consumer Electronics
  • Others

By End-User

  • Automotive
  • Energy
  • Electrical and Electronics
  • Healthcare
  • Manufacturing
  • Aerospace
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa

Key Developments

  • On July 7, 2023, The first rare earth magnet manufacturing facility in Europe, to be built by Neo Magnequench, a division of Neo Performance Materials Inc., is set to produce specialized rare earth permanent magnets for use in wind turbines, electric vehicles and other clean energy technologies.
  • In 2020, for more than 50 years, Electron Energy Corporation has been a go-to source for magnetic solutions for defense. Neodymium iron boron that complies entirely with the John S. McCain National Defense Authorization Act and U.S. Defense Federal Acquisition Regulation Supplement (DFARS 225.7018, 10 U.S.C. 2533c) is now available.
  • In 2020, The neodymium iron boron permanent magnet manufacturing equipment that Hitachi Metals America, Ltd. had owned and used in North Carolina has been acquired by USA Rare Earth LLC.

Competitive Landscape

The major global players in the market include Hitachi Metals, Ltd., Shin-Etsu Chemical Co., Ltd., TDK Corporation, Sumitomo Corporation, Neo Performance Materials Inc., Adams Magnetic Products Co., Electron Energy Corporation, Ningbo Yunsheng High-Tech Magnetics Co., Ltd., Magnequench International Inc. and VACUUMSCHMELZE GmbH & Co. KG.

Why Purchase the Report?

  • To visualize the global neodymium iron boron market segmentation based on product, application, end-user and region, as well as understands key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development.
  • Excel data sheet with numerous data points of neodymium iron boron market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The global neodymium iron boron market report would provide approximately 61 tables, 59 figures and 190 Pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies

Table of Contents

Table of Contents

1.Methodology and Scope

  • 1.1.Research Methodology
  • 1.2.Research Objective and Scope of the Report

2.Definition and Overview

3.Executive Summary

  • 3.1.Snippet by Product
  • 3.2.Snippet by Application
  • 3.3.Snippet by End-User
  • 3.4.Snippet by Region

4.Dynamics

  • 4.1.Impacting Factors
    • 4.1.1.Drivers
      • 4.1.1.1.Growing Demand from Automotive and Energy Sector
      • 4.1.1.2.Neodymium Iron Boron Magnets Driving Innovation in Electric Vehicle Technology
    • 4.1.2.Restraints
      • 4.1.2.1.Rising Material Costs
    • 4.1.3.Opportunity
    • 4.1.4.Impact Analysis

5.Industry Analysis

  • 5.1.Porter's Five Force Analysis
  • 5.2.Supply Chain Analysis
  • 5.3.Pricing Analysis
  • 5.4.Regulatory Analysis
  • 5.5.Russia-Ukraine War Impact Analysis
  • 5.6.DMI Opinion

6.COVID-19 Analysis

  • 6.1.Analysis of COVID-19
    • 6.1.1.Scenario Before COVID
    • 6.1.2.Scenario During COVID
    • 6.1.3.Scenario Post COVID
  • 6.2.Pricing Dynamics Amid COVID-19
  • 6.3.Demand-Supply Spectrum
  • 6.4.Government Initiatives Related to the Market During Pandemic
  • 6.5.Manufacturers Strategic Initiatives
  • 6.6.Conclusion

7.By Product

  • 7.1.Introduction
    • 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 7.1.2.Market Attractiveness Index, By Product
  • 7.2.Bonded NdFeB Magnet*
    • 7.2.1.Introduction
    • 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 7.3.Sintered NdFeB Magnet
  • 7.4.Others

8.By Application

  • 8.1.Introduction
    • 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 8.1.2.Market Attractiveness Index, By Application
  • 8.2.Automotive*
    • 8.2.1.Introduction
    • 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 8.3.Renewable Energy
  • 8.4.Industrial Machinery
  • 8.5.Medical Device
  • 8.6.Consumer Electronics
  • 8.7.Others

9.By End-User

  • 9.1.Introduction
    • 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
    • 9.1.2.Market Attractiveness Index, By End-User
  • 9.2.Automotive*
    • 9.2.1.Introduction
    • 9.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 9.3.Energy
  • 9.4.Electrical and Electronics
  • 9.5.Healthcare
  • 9.6.Manufacturing
  • 9.7.Aerospace
  • 9.8.Others

10.By Region

  • 10.1.Introduction
    • 10.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
    • 10.1.2.Market Attractiveness Index, By Region
  • 10.2.North America
    • 10.2.1.Introduction
    • 10.2.2.Key Region-Specific Dynamics
    • 10.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
    • 10.2.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.2.6.1.U.S.
      • 10.2.6.2.Canada
      • 10.2.6.3.Mexico
  • 10.3.Europe
    • 10.3.1.Introduction
    • 10.3.2.Key Region-Specific Dynamics
    • 10.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
    • 10.3.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.3.6.1.Germany
      • 10.3.6.2.UK
      • 10.3.6.3.France
      • 10.3.6.4.Italy
      • 10.3.6.5.Russia
      • 10.3.6.6.Rest of Europe
  • 10.4.South America
    • 10.4.1.Introduction
    • 10.4.2.Key Region-Specific Dynamics
    • 10.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
    • 10.4.6.
    • 10.4.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.4.7.1.Brazil
      • 10.4.7.2.Argentina
      • 10.4.7.3.Rest of South America
  • 10.5.Asia-Pacific
    • 10.5.1.Introduction
    • 10.5.2.Key Region-Specific Dynamics
    • 10.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
    • 10.5.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.5.6.1.China
      • 10.5.6.2.India
      • 10.5.6.3.Japan
      • 10.5.6.4.Australia
      • 10.5.6.5.Rest of Asia-Pacific
  • 10.6.Middle East and Africa
    • 10.6.1.Introduction
    • 10.6.2.Key Region-Specific Dynamics
    • 10.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.6.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

11.Competitive Landscape

  • 11.1.Competitive Scenario
  • 11.2.Market Positioning/Share Analysis
  • 11.3.Mergers and Acquisitions Analysis

12.Company Profiles

  • 12.1.Hitachi Metals, Ltd.*
    • 12.1.1.Company Overview
    • 12.1.2.Product Portfolio and Description
    • 12.1.3.Financial Overview
    • 12.1.4.Key Developments
  • 12.2.Shin-Etsu Chemical Co., Ltd.
  • 12.3.TDK Corporation
  • 12.4.Sumitomo Corporation
  • 12.5.Neo Performance Materials Inc.
  • 12.6.Adams Magnetic Products Co.
  • 12.7.Electron Energy Corporation
  • 12.8.Ningbo Yunsheng High-Tech Magnetics Co., Ltd.
  • 12.9.Magnequench International Inc.
  • 12.10.VACUUMSCHMELZE GmbH & Co. KG

LIST NOT EXHAUSTIVE

13.Appendix

  • 13.1. About Us and Services
  • 13.2.Contact Us