【行业深度】一文洞察2025年中国钕铁硼行业发展前景及投资趋势研究报告

Core Viewpoint - The NdFeB (neodymium iron boron) industry in China is projected to reach a market size of 72.1 billion yuan in 2024, reflecting a year-on-year growth of 11.44% [2] Industry Overview - NdFeB is recognized as the strongest permanent magnetic material and has revolutionized the field of permanent magnets since its introduction in the 1980s [3] - Key characteristics of NdFeB include its strong magnetic properties, high coercivity, lightweight, energy efficiency, and strong customization capabilities [3] Industry Supply Chain - The upstream of the NdFeB industry includes rare earth metals (such as neodymium, praseodymium, dysprosium, and terbium), iron alloys, and boron, which are essential raw materials for NdFeB permanent magnets [5] - The midstream involves the production and manufacturing of NdFeB, while the downstream applications span consumer electronics, electric vehicles, wind power equipment, variable frequency air conditioners, industrial automation equipment, humanoid robots, and more [5] Production Capacity - China is the largest producer of rare earth elements globally, with a projected rare earth mineral output of 270,000 tons in 2024, marking a year-on-year increase of 12.50% [7] - The increase in rare earth mineral output enhances the supply capacity of neodymium and other rare earth elements, alleviating raw material supply constraints and supporting the continuous expansion of the NdFeB industry [7] Related Companies - Listed companies in the NdFeB sector include Jinli Permanent Magnet (300748), Zhongke Sanhuan (000970), Zhenghai Magnetic Materials (300224), Ningbo Yunsheng (600366), Dadi Bear (688077), and Yingluohua (000795) [3] - Other relevant companies include China Northern Rare Earth Group High-Tech Co., Ltd., China Rare Earth Group Co., Ltd., Ansteel Group Mining Co., Ltd., China Baowu Steel Group Co., Ltd., and several technology firms like Huawei, Xiaomi, and BYD [3]