Lewes, DE -- (SBWIRE) -- 05/29/2019 -- Neodymium Magnet market is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 3.12 Billion USD in 2024, from 2.31 Billion USD in 2019.

Neodymium Magnet is 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.

Scope of the Report:
Neodymium Magnet product demand market there is also a certain space, but basically showing the scarcity of high-end products, low-end products, excess capacity, there is a large market demand for high-end products to seize market share of imports acts, local enterprises export more low-end products overcapacity or molding process basic Materials.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.

Along with the development of Chinese domestic Industrial Naphthalene, Chinese domestic Neodymium Magnet has been very mature and advanced, and the performance distance has been shorten compared with the imported Industrial Naphthalene.

The worldwide market for Neodymium Magnet is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 3120 million US$ in 2024, from 2310 million US$ in 2019, according to a new study.

This report focuses on the Neodymium Magnet in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Neo
Ugimag
R.Audemars SA
NSSMC
TDK
Daido Steel
Shin-Etsu Chemical
Hitachi Metals
Ta Tong Magnet
Galaxy Magnets
ZhongKeSanHuan
Ningbo Co-star
DEMGC
Beijing Jingci Magnet
Earth-Panda
Tianhe Magnets
Guangzhou Golden South
Jiangxi Yingguang Magnet
Ningbo Yunsheng

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Bonding
Sintering

Market Segment by Applications, can be divided into
Electro-acoustic Field
Electronic Appliances Field
Mechanical Equipment Field
Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Neodymium Magnet product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Neodymium Magnet, with price, sales, revenue and global market share of Neodymium Magnet in 2017 and 2018.
Chapter 3, the Neodymium Magnet competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Neodymium Magnet breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Neodymium Magnet market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Neodymium Magnet sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Spanning over 135 pages "Forecast of Global Neodymium Magnet Market 2024" report covers Market Overview, Manufacturers Profiles, Global Neodymium Magnet Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global Neodymium Magnet Market Analysis by Regions, North America Neodymium Magnet by Country, Europe Neodymium Magnet by Country, Asia-Pacific Neodymium Magnet by Country, South America Neodymium Magnet by Country, Middle East and Africa Neodymium Magnet by Countries, Global Neodymium Magnet Market Segment by Type, Global Neodymium Magnet Market Segment by Application, Neodymium Magnet Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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