NdFeB magnets are very powerful. They have a higher Maximum Energy Product, (BH) max, than
SmCo magnets. (BH) max of NdFeB can easily reach 30 MGOe and even goes up to 52 MGOe. NdFeB
magnets can substitute SmCo magnets in most cases, predominantly where operating temperature is
less than 80°C. The temperature stability of NdFeB is not as good as SmCo magnets. Magnetic
performance of NdFeB magnets will deteriorate rapidly above 200°C. Compared to SmCo magnets,
the corrosion and oxidation resistance of NdFeB is relatively low.
Consequently, a surface coating is frequently applied on NdFeB magnets. Zinc or nickel coating is
common used as a protective layer. The other materials such as gold, brass, tin or polymer (epoxy)
are also used for this purpose. NdFeB Permanent Magnets (Neodymium-iron-boron) Market is
segmented by types into Sintered NdFeB Magnet, Bonded NdFeB Magnet, Others.
NdFeB Permanent Magnets (Neodymium-iron-boron) Market is segmented by Application into
Consumer electronics, Industrial Motor, Energy-saving appliances, and Vehicle. Geographically, the
global market spans North America, China, Europe, Southeast Asia, Japan, and India.
Asia Pacific is the control region for the production and use of NdFeB magnets. South America’s
market is predictable to experience high growth and is projected to grow at a high CAGR during the
forecast period. The market in Asia Pacific is growing at a fast pace due to increasing demand from
end user industries, particularly in countries such as China and Japan. The market is increasing slowly
in Europe and Eurasia, but it will continue to grow at a considerable pace in the North American
region.
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The Key Players in the NdFeB permanent magnets include Hitachi Metals, MMC, Vacuumschmelze,
Zhong Ke San Huan, TDK, Zhenfhai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic
Material and Jingci Magnet.
This report studies NdFeB Permanent Magnets (Neodymium-iron-boron) in Global market,
especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top