Japan Liquid Nd-BR Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The Japan Liquid Nd-BR Market is experiencing significant growth, driven by the increasing demand for rare earth elements in various industries. Liquid Nd-BR (Neodymium-Boron) is primarily used in the manufacturing of high-performance magnets, which are crucial components in electric vehicles, renewable energy systems, and various high-tech applications. As the need for clean energy and advanced electronics continues to rise, the demand for liquid Nd-BR is expected to grow exponentially in Japan.
One of the major drivers behind this surge in demand is the automotive industry’s shift toward electric vehicles (EVs). Neodymium-based magnets are used in the production of motors for EVs, and as Japan continues to push for a greener future with increased EV adoption, the need for liquid Nd-BR has skyrocketed. In fact, Japan is one of the leading countries in adopting electric vehicles, further fueling this market.
Another key industry contributing to the growth of the Liquid Nd-BR Market is the renewable energy sector. Wind turbines, which also rely heavily on neodymium magnets for efficient operation, are being installed at increasing rates as Japan works to reduce its carbon footprint. This demand is driving further interest in liquid Nd-BR, as manufacturers seek to meet the specific requirements of the renewable energy industry.
The electronics sector is also a major contributor. With the rise of smartphones, computers, and other electronic devices, the need for high-performance magnets for miniaturization and improved functionality has never been greater. Liquid Nd-BR, being a critical component for producing these powerful magnets, is in high demand to meet these evolving industry needs.
Industries relying on Liquid Nd-BR are not only looking for quality but also for innovation in manufacturing processes. There is an increasing need for high-purity neodymium to enhance performance in all applications. Companies are focused on refining their supply chains to ensure consistent and sustainable sources of liquid Nd-BR to meet these growing requirements.
With Japan's push towards technology-driven solutions and eco-friendly initiatives, the Liquid Nd-BR Market is poised for continued expansion. The market will likely continue to thrive as industries increasingly depend on these critical materials to power the future of transportation, energy, and electronics.
Get an In-Depth Research Analysis of the Japan Liquid Nd-BR Market Size And Forecast [2025-2032]
Lanxess
Kumho Petrochemical
Nizhnekamskneftekhim
Goodyear
Synthos
Eni
Sibur
Chimei
Firestone
Karbochem
CPNC
Sinopec
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 Japan Liquid Nd-BR Market
Automotive
Electronics
Energy & Power
Medical Devices
Industrial Manufacturing
Automotive Industry
Aerospace Industry
Electronics Industry
Energy & Utilities Industry
Medical & Healthcare Industry
High-Performance Liquid Nd-BR
Standard Liquid Nd-BR
Liquid
Powder
Magnetic Materials
Magnets & Alloys
Energy Storage Systems
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Liquid Nd-BR 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. Japan Liquid Nd-BR Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Liquid Nd-BR Market, By Type
6. Japan Liquid Nd-BR Market, By Application
7. Japan Liquid Nd-BR Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Liquid Nd-BR Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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