This report covers the recent COVID-19 and its impact on NdFeB Market. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
New York, United States – July 10, 2020 /MarketersMedia/ —
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. 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.
The increased consumption of NdFeB Permanent Magnets is expected to continue during the remaining years of the forecast period of 2014-2026. In the past few years, as the main raw material price was not stable, with the addition of a sharp increase in production capacity, expected that the NdFeB Permanent Magnets raw material price will be relatively stable in the short term. There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. At the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The oversupply of NdFeB Permanent Magnets in the market has had a negative impact but has been countered by the magnitude of the increase in demand, resulting in uncertainty in the NdFeB Permanent Magnets market. China is the world’s largest producer of NdFeB Permanent Magnets. As a result, NdFeB Permanent Magnets in China were export-oriented until now.
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The Major Players Profiled in This Report Include:
Zhong Ke San Huan
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Sintered Nd-Fe-B Magnet
Bonded Nd-Fe-B Magnets
Hot Pressed NdFeB Magnets
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Office Automation Equipment
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NdFeB Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of NdFeB Market by Types
Chapter 4 Segmentation of NdFeB Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of NdFeB Market in Major Countries
Chapter 7 North America NdFeB Landscape Analysis
Chapter 8 Europe NdFeB Landscape Analysis
Chapter 9 Asia Pacific NdFeB Landscape Analysis
Chapter 10 Latin America, Middle East & Africa NdFeB Landscape Analysis
Chapter 11 Major Players Profile
11.1 Hitachi Metals
11.1.1 Hitachi Metals Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 Shin-Etsu Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3.1 TDK Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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NdFeB Report Provide:
Potential opportunities and challenges analysis in the NdFeB market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future NdFeB market and related industry.
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