Germany Neodymium Market Size & Outlook, 2021-2030
Germany neodymium market, 2018-2030 (US$M)
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Germany neodymium market highlights
- The Germany neodymium market generated a revenue of USD 60.8 million in 2021 and is expected to reach USD 202.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 14.3% from 2022 to 2030.
- In terms of segment, magnets was the largest revenue generating application in 2021.
- Magnets is the most lucrative application segment registering the fastest growth during the forecast period.
Neodymium market data book summary
| Market revenue in 2021 | USD 60.8 million |
| Market revenue in 2030 | USD 202.4 million |
| Growth rate | 14.3% (CAGR from 2021 to 2030) |
| Largest segment | Magnets |
| Fastest growing segment | Magnets |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Magnets, Catalysts, Ceramics & glass |
| Key market players worldwide | China Rare Earth Holdings Ltd, Lynas Rare Earths Ltd, MP Materials Corp Ordinary Shares - Class A, Peak Rare Earths Ltd, Rainbow Rare Earths Ltd, Texas Mineral Resources Corp, Arafura Rare Earths Ltd, Rare Earth Global, Energy Transition Minerals |
Other key industry trends
- In terms of revenue, Germany accounted for 2.9% of the global neodymium market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany neodymium market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 202.4 million by 2030.
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Neodymium Market Scope
Neodymium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany neodymium market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neodymium market will help companies and investors design strategic landscapes.
Magnets was the largest segment with a revenue share of 73.52% in 2021. Horizon Databook has segmented the Germany neodymium market based on magnets, catalysts, ceramics & glass covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is the largest manufacturer of permanent magnets in Europe. The demand for permanent magnet is served by local manufacturers in the country such as VACUUMSCHMELZE GmbH & Co. KG, and Kolektor Magnet Technology.
It also imports substantial number of permanent magnets from China, with Philippines, Japan, South Korea, UK, Switzerland, and the Czech Republic also being the major suppliers to the German market.
According to Germany Trade & Invest (GTAI), Germany's robotics sector represents a robot density level of 309 industrial robots per 10 thousand employees which is much higher than the global average of 74 robots per 10 thousand employees. Germany has the highest robot density level in Europe.
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Our clientele includes a mix of neodymium market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany neodymium market , including forecasts for subscribers. This country databook contains high-level insights into Germany neodymium market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany neodymium market size, by application, 2018-2030 (US$M)
Germany Neodymium Market Outlook Share, 2021 & 2030 (US$M)
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