印度稀土磁铁市场 – 行业趋势及 2029 年预测

市场分析和规模

稀土磁铁是一项相对较新的发明。其起源可追溯到 20 世纪 60 年代末，当时美国空军材料实验室的科学家开发出一种具有极强磁性的钇钴合金。佐川正人博士在日本发明了第一块钕磁铁 (NdFeB)，该磁铁性能卓越，开创了磁性技术的新时代。稀土磁铁很快引起了制造商的关注，并很快在消费品和商业产品中得到应用。

Data Bridge Market Research 分析称，预计到 2029 年，印度稀土磁铁市场规模将达到 4.7947 亿美元，预测期内复合年增长率为 7.8%。定期的稀土磁铁市场报告还深入介绍了定价分析、专利分析和技术进步。

市场定义

Rare-earth magnets, produced from rare-earth element alloys, are the most powerful permanent magnets accessible today. Rare-earth magnets have significantly superior magnetic qualities to other magnet materials, making them the preferred choice for commercial, industrial, and technical applications. Rare-earth magnets are divided into Neodymium magnets and Samarium Cobalt magnets. Each of the two types of cobalt magnets, neodymium and samarium, has its own set of qualities, benefits, and traits. Both neodymium and samarium cobalt magnets are employed in various industrial, medical, scientific, aeronautical, and automotive applications due to their magnetic solid characteristics and strength. Wind turbine generators, audio equipment like loudspeakers and headphones, motors and servo motors, medical equipment like magnetic resonance imaging (MRI), electronics like computer hard disc drives, and much more employ this material.

India Rare Earth Magnet Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail below:

Drivers

• Continuous rise in demand for permanent magnet

Permanent magnets can maintain their magnetic properties even when exposed to a magnetic field. Rare earth, a type of permanent magnet, is a group of 17 metals, classified into lights and heavies depending on their atomic number, and are crucial to high-tech manufacturing products. Permanent magnets composed of rare earth minerals are essential components of climate-friendly products such as electric automobiles and wind turbines and other technology such as phones, refrigerators, missiles, and fighter jets. They form an essential part of the global rare earth supply chain, turning the processed minerals into valuable inputs for electronics and weapons manufacturers.

• Penetration of electric vehicles across the market

The automobile industry is concentrating on incorporating lightweight, compact, and affordable electrical components inside the vehicle system to assure reduced costs and optimal space utilization. Neodymium magnets are permanent magnets produced from a composition of neodymium, iron and boron. The material is still the most potent form of rare earth permanent magnet. In addition, neodymium magnets were safe to find in devices like hard drives, microphones, speakers, headphones, and magnetic bearings, but currently, neodymium magnets in electric motors are even more widespread than in electric motors they appear. Therefore, increasing global E.V. car demand is expected to boost the demand for rare earth magnet material.

Opportunity

• Growing demand for rare earth elements in the renewable energy sector

Renewable energy is energy produced from natural sources or from renewable resources that are constantly replenished. India is the third-largest energy consumer in the world after the U.S. and China. Thus, India's increasing demand for energy and power forces the government to search for new ways to generate energy, especially renewable. This has led India to constantly invest in and develop its renewable energy sector. As of January 2022, India's installed renewable energy capacity stood at 152.36 GW, representing 38.56% of the overall installed power capacity. This has positioned India fourth across the world regarding installed renewable power capacity. The rapid transition towards renewable energy favours India's rare earth elements market as rare earth elements have various nuclear, metallurgical, chemical, catalytic, electrical, magnetic, and optical properties, which makes them widely applicable in clean technologies and renewable energy sectors. It contains intermediate products, including permanent magnets, rare earth magnets, phosphors, alloys, catalysts, and polishing powders. This transition and using rare earth elements have brought technical advancements and innovation to different industries.

Restraints/Challenges

• The higher price range of permanent magnet

Volatile and unpredictable prices for various marketplaces have far-reaching consequences for industrial companies. Unanticipated barriers, such as rising energy costs and unexpected variations in raw material pricing, are disrupting supply chains and making it harder for businesses to stay profitable. The variation in the prices of the raw materials for producing rare earth magnets put up additional costs on the finished product. In addition to this, many companies find it difficult to correctly judge the risk of large fluctuations in raw material costs. When a company faces an increase in raw material costs and a decrease in sales prices at the same time, then the profit margin of the firm tends to decrease to a certain extent. Therefore, highly fluctuating raw material costs and ineffective price management can jeopardize enterprises' success, impacting the market growth.

• Environmental and health concerns associated with rare earth elements mining

Rare earth elements are key elements that are becoming more essential for developing new industries, for the national defence science and technology industry. They are non-renewable, making them a vital strategic resource for a nation. Rare earth functional elements are used in new energy vehicles, national defence equipment, rare earth permanent magnet motors, rail transportation, new energy products and other key areas of vigorous development. This usage drives the demand for the synergistic growth of rare earth products and even promotes the steady development of the rare earth industry. The strategic and economic value of rare earth elements is becoming increasingly prominent. The main countries for mining and distribution of rare earth deposits worldwide include China, the USA, Russia, Brazil, India, Australia, Greenland, and Malaysia. As the importance of rare earth elements increases, countries like Brazil, India, and Russia have started to extract rare elements from earth crust to secure demands and interest. This has resulted in various new mining sites across India in recent years. But, the mining and processing of rare earth metals usually result in significant environmental defects. Many deposits are associated with high concentrations of radioactive elements such as uranium and thorium, which requires different treatment and disposal. The accumulation of rare earth elements in soils has occurred due to pollution caused by the exploitation of rare earth resources. The pollution, environmental effect, and high concentration of radioactive elements have raised environmental-related concerns in rare earth element mining.

Post-COVID-19 Impact on India Rare Earth Magnet Market

COVID-19 significantly impacted the rare earth magnet market as almost every country opted for the shutdown of every production facility except the ones dealing in producing the essential goods. The production of the rare-earth magnet system got hampered during the lockdown. In the post lockdown scenario, the growth of India rare earth magnet market is attributed to the increasing adoption of electric vehicles, consumer products and technologies across all regions and countries. India's increasing wind energy systems are a major factor that contributes to the growth of the India rare earth magnet market.

Manufacturers & solution providers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the rare earth magnet. With this, the companies will bring advanced technologies to the market. In addition, government initiatives related to smart energy system has led to the market's growth

Recent Development

• Kumar Magnetic Industries 开发了一系列基于钕铁硼 (NdFeB) 磁铁的磁选机，因为这种磁铁虽然薄而紧凑，但具有出色的保持力。这些磁选机还提供防腐蚀保护，并有多种表面处理可供选择，具体取决于您的具体要求。这使得该公司在印度稀土磁铁市场获得了认可。

印度稀土磁铁市场范围

印度稀土磁铁市场根据类型、产品和应用进行细分。这些细分市场之间的增长将帮助您分析主要的行业增长细分市场，并为用户提供有价值的市场概览和市场洞察，帮助他们做出战略决策，确定核心市场应用。

类型

• 钕铁硼磁铁
• 钐钴磁铁 (SmCo)

根据类型，印度稀土磁体市场分为钕铁硼磁体和钐钴磁体（SmCo）。

产品

• 埋头磁铁
• 圆盘磁铁
• 钩形和吊环磁铁
• 圆柱形棒状磁铁
• 圆形环形磁铁
• 矩形的
• 自粘式
• 锅和夹紧磁铁

根据产品，印度稀土磁铁市场细分为沉头磁铁、圆盘磁铁、钩环螺栓磁铁、圆柱棒磁铁、圆环磁铁、矩形磁铁、自粘磁铁、锅式磁铁和夹紧磁铁。

应用

• 汽车工业
• 食品和饮料加工
• 航空航天工业
• 可再生能源
• 消费电子产品
• 深海探索
• 其他的

根据应用，印度稀土磁体市场细分为汽车工业、食品饮料加工、航空航天工业、可再生能源、消费电子、深海勘探等。

稀土磁铁市场区域分析/见解

对印度稀土磁体市场进行了分析，并按国家、类型、产品和应用提供了市场规模见解和趋势。

报告的国家部分还提供了影响市场当前和未来趋势的各个市场影响因素和市场监管变化。下游和上游价值链分析、技术趋势、波特五力分析和案例研究等数据点是用于预测各个国家市场情景的一些指标。此外，在提供国家数据的预测分析时，还考虑了印度品牌的存在和可用性以及由于来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税的影响和贸易路线。   

竞争格局和印度稀土磁铁市场份额分析

印度稀土磁铁市场竞争格局提供了竞争对手的详细信息。详细信息包括公司概况、公司财务状况、收入、市场潜力、研发投资、新市场计划、印度业务、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上数据点仅与公司对印度稀土磁铁市场的关注有关。

印度稀土磁体市场的一些主要参与者包括 Jai Mag Industries、Star Trace Private Limited、Kumar Magnet Industries、Magna Tronix、JD MAGNETIC IMPEX、Shree Shakti Industries、Ashvini Magnets Pvt. Ltd.、DURA MAGNETS PVT. LTD.

研究方法

数据收集和基准年分析是使用具有大样本量的数据收集模块完成的。使用市场统计和连贯模型分析和估计市场数据。此外，市场份额分析和关键趋势分析是市场报告中的主要成功因素。DBMR 研究团队使用的关键研究方法是数据三角测量，其中包括数据挖掘、数据变量对市场影响的分析以及主要（行业专家）验证。除此之外，数据模型还包括供应商定位网格、市场时间线分析、市场概览和指南、公司定位网格、公司市场份额分析、测量标准、印度与地区以及供应商份额分析。如有进一步询问，请要求分析师致电。

SKU-68505