United States Sintered NdFeB Market was valued at USD 6.00 Billion in 2022 and is projected to reach USD 9.80 Billion by 2030, growing at a CAGR of 6.30% from 2024 to 2030.
The US Sintered NdFeB Market: An Overview of Industry Demands and Trends
The Sintered NdFeB (Neodymium Iron Boron) market in the United States plays a pivotal role in the global supply of high-performance magnets. As one of the strongest permanent magnets available, sintered NdFeB magnets have widespread applications in industries like automotive, electronics, renewable energy, medical devices, and more. The market for these magnets has seen a significant surge in demand, driven by advancements in technology and the increasing need for energy-efficient products. Understanding the requirements from various industries is crucial to predict future trends and innovations.
Industries such as automotive are driving the demand for sintered NdFeB magnets, particularly in electric vehicle (EV) production. As EV adoption continues to rise, these magnets are essential in electric motors, which require powerful, compact magnets for efficiency. Additionally, the growing trend of miniaturization in consumer electronics, including smartphones, tablets, and laptops, has also contributed to the rising demand for these magnets. Their ability to deliver high magnetic performance while occupying a small footprint makes them ideal for modern technology.
The renewable energy sector, particularly wind and solar energy, is another key contributor to the growth of the Sintered NdFeB market. Magnets used in wind turbine motors need to be both durable and efficient to optimize power generation. The strong magnetic properties of sintered NdFeB make them a perfect fit for this purpose, ensuring higher energy output while minimizing material usage.
Moreover, the medical industry’s use of sintered NdFeB magnets is increasing, especially in devices like MRI machines, where strong magnetic fields are essential. In addition to this, applications in robotics and automation are also gaining momentum, as these industries require lightweight, high-performance magnets to improve the functionality of machines and sensors.
Overall, the demand for sintered NdFeB magnets across various industries is expected to continue growing. As industries strive for innovation and efficiency, the role of high-performance materials like sintered NdFeB will become even more critical in meeting the technological challenges of the future.
Get an In-Depth Research Analysis of the US Sintered NdFeB Market Size And Forecast [2025-2032]
Hitachi Metals
Shin-Etsu
TDK
VAC
Zhong Ke San Huan
Yunsheng Company
Yantai Shougang Magnetic Materials
JL MAG
ZHmag
Advanced Technology and Materials
Innuovo Magnetics
Galaxy Magnetic
Zhongyuan Magnetic
Earth- Panda
Magsuper
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Sintered NdFeB Market
Automotive
Consumer Electronics
Industrial
Medical Devices
Renewable Energy
N35
N38
N40
N42
Higher Grades (N50, N52)
Epoxy Coated
Nickel-Copper-Nickel (Ni-Cu-Ni)
Gold Coating
Galvanized Coating
PTFE Coating
Disc Magnets
Block Magnets
Ring Magnets
Custom Shapes
OEM (Original Equipment Manufacturers)
Aftermarket Suppliers
Research and Development Institutions
Defense and Aerospace
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Sintered NdFeB Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Sintered NdFeB Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Sintered NdFeB Market, By Type
6. US Sintered NdFeB Market, By Application
7. US Sintered NdFeB Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Sintered NdFeB Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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