China Neodymium Iron Boron Magnet Market Report 2024-2032: Value Chain Analysis, Domestic Consumption And Exports, Competitive Landscape


(MENAFN- PR Newswire) DUBLIN, March 12, 2024 /PRNewswire/ -- The
"China Neodymium Iron Boron Magnet Market Report by Application (Automobile, Electronics
, Power Generators, Medical Industry, Wind Power, and Others), Domestic Consumption and Exports (Domestic Consumption, Exports), and Region 2024-2032" report has been added to
ResearchAndMarkets's
offering.

The China NdFeB magnet market
size reached 102,200 Tons in 2023. The market
is projected to reach 150,700 Tons by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2023-2032.


The market
for
NdFeB magnets in China is strongly driven by the abundant availability of raw materials required for their production. China has the largest reserve of rare-earth minerals and holds a monopoly over the raw materials. However, since the regulations for exporting the raw materials have become stringent over the past few years, the industries that are dependent on these magnets have set up their plants in China in order to reduce their production costs. Some of the industries where the demand for these magnets is growing include electronics, medical devices, automobiles, wind industry
, etc.

This latest report provides a deep insight into the China neodymium-iron-boron magnet market
covering all its essential aspects. This ranges from macro overview of the market
to micro details of the industry
performance, recent trends, key market
drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the China neodymium-iron-boron magnet market
in any manner.

Key Questions Answered in This Report

  • What was the size of the China neodymium iron boron magnet market
    in 2023?
  • What is the expected growth rate of the China neodymium iron boron magnet market
    during 2024-2032?
  • What are the key factors driving the China neodymium iron boron magnet market
    ?
  • What has been the impact of COVID-19 on the China neodymium iron boron magnet market
    ?
  • What is the breakup of the China neodymium iron boron magnet market
    based on the application?
  • What is the breakup of the China neodymium iron boron magnet market
    based on the domestic consumption and exports?
  • What are the key regions in the China neodymium iron boron magnet market
    ?

Key Market Segmentation:
Breakup by Application:

  • Automobile
  • Electronics
  • Power Generators
  • Medical Industry
  • Wind Power
  • Others

Breakup by Region:

  • Guangdong
  • Jiangsu
  • Shandong
  • Zhejiang
  • Henan
  • Others

Breakup by Domestic Consumption and Exports:

  • Domestic Consumption
  • Exports

Value Chain Analysis

  • Key Drivers and Challenges

Porters Five Forces Analysis

  • PESTEL Analysis

Government Regulations

  • Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

For more information about this report visit

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