Neodymium magnets suppliers are involved in one of the fastest-growing markets today. The NdFeB magnets are known to be the highest performing permanent magnets commercially available.
These magnets offer unparalleled strength and resistance for their compact size. Sintered neodymium magnets are known to be low-cost and easily accessible in a wide selection of sizes, grades, and shapes.
Neodymium Magnet market size is expected to gain a market growth of a CAGR of 4.9% by 2026. This indicates a market growth of $2.6 billion to $3.6 billion in the forecast period of 2021 to 2026.
Moreover, 29% of the total Permanent Magnet market is covered by the NdFeB magnets sector. With those statistics, we get an idea of the growing demand directed towards Ndfeb magnets manufacturers.
Neodymium magnets are considered the strongest commercially available permanent magnets made from an alloy of neodymium, iron, and boron. It is also called NdFeB, neo, or NIB from these three constituent elements.
NdFeB magnets are known for their incredible strength that allows lifting of objects multiple times their weight considering their very compact size.
Sintered Neodymium Magnets pull force is generally ten times stronger than ferrite magnets. The powerful magnets combine high coercivity with a high maximum energy product. This will produce a strong magnetic field that resists any sign of decay.
NdFeB magnets manufacturers mainly use two ways to create these magnets: sintering and bonding. These manufacturing processes will determine magnet power and strength.
Sintering uses high pressure to form raw magnetic materials into blocks that will then be heated. After intricate heating, these magnets will then be shaped and coated for additional corrosion protection.
Bonding creates magnets by combining raw materials and binding with epoxy. These will then be pressed into a die cavity and heat-cured.
Sintering is the most common manufacturing method used because it doubles the strength of the bond. However, bonding is more affordable and versatile, allowing magnets to be created in various shapes and sizes. Sintered magnets are confined to simpler forms because they can be quite brittle.
Sintered Neodymium magnets are ranked according to their maximum energy product. NdFeB magnets produce the highest level of stored energy among all permanent magnet materials.
This is shown in a figure ranging from N32 to N55, where N refers to neodymium, and additional suffixes indicate coercivity. Figures will be in megagauss-oersteds or MGOe, which will indicate the stored energy in a magnet.
NdFeB magnets will get more brittle the higher the magnetic grade.
Common NdFeb Magnet grades:
Neodymium magnets come in versatile designs, shapes, and sizes due to the meticulous attention of NdFeB magnets manufacturers.
The most common shapes distributed by Neodymium magnets suppliers are:
Due to the sheer strength of Neodymium magnets, very compact sizes are sufficient for many applications. Commercial use and large-scale industrial, mining, and machinery applications can opt for high-quality Neodymium magnets in China.
When measuring NdFeB sizes, consider thickness, dimensions (diameter, width, length), and thread size.
Compared to other permanent magnets, Neodymium magnets have:
The powerful neodymium magnet is used for many versatile applications due to its high-performance properties and strength. It can handle demanding tasks in heavy duty industrial and commercial applications, including:
Other important industries that use Neodymium magnets include:
Many industries rely on the production and services of the best manufacturers and suppliers of Neodymium magnets in China.
China continues to be the largest producer and exporter of the NdFeB magnet industry worldwide. The Chinese market covers more than 95% of rare-earth metals while covering 76% of the world's rare-earth magnets.
Neodymium magnets are a fast-growing market worldwide due to their reliable properties, unparalleled strength, and versatility in multiple applications.
NdFeB magnets are a valuable component in industries including commercial, industrial, medical, power, and research and development.
China continues to be the top producer and supplier of rare-earth permanent magnets, including Neodymium. Because of their close attention to research and development, DailyMag has become the leading manufacturer and supplier of Neodymium Magnets in China.