Saudi Arabia Neodymium Iron Boron Magnet Market (2025-2031) | Industry, Segmentation, Outlook, Value, Trends, Size & Revenue, Competitive Landscape, Companies, Growth, Analysis, Forecast, Share

Market Forecast By Application (Automobile, Electronics, Power Generators, Medical Industry, Wind Power, Others) And Competitive Landscape
Product Code: ETC9170960 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Saudi Arabia Neodymium Iron Boron Magnet Market: Import Trend Analysis

Saudi Arabia`s import trend for neodymium iron boron magnets experienced significant growth from 2023 to 2024, with a growth rate of 38.28%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 40.07%. This surge in imports can be attributed to the increasing demand for high-performance magnets in industries like electronics, renewable energy, and automotive, indicating a strong market stability and sustained demand shift towards advanced technologies during this period.

Key Highlights of the Report:

  • Saudi Arabia Neodymium Iron Boron Magnet Market Outlook
  • Market Size of Saudi Arabia Neodymium Iron Boron Magnet Market, 2024
  • Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market, 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Revenues & Volume for the Period 2021- 2031
  • Saudi Arabia Neodymium Iron Boron Magnet Market Trend Evolution
  • Saudi Arabia Neodymium Iron Boron Magnet Market Drivers and Challenges
  • Saudi Arabia Neodymium Iron Boron Magnet Price Trends
  • Saudi Arabia Neodymium Iron Boron Magnet Porter's Five Forces
  • Saudi Arabia Neodymium Iron Boron Magnet Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Automobile for the Period 2021- 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Electronics for the Period 2021- 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Power Generators for the Period 2021- 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Medical Industry for the Period 2021- 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Wind Power for the Period 2021- 2031
  • Historical Data and Forecast of Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume By Others for the Period 2021- 2031
  • Saudi Arabia Neodymium Iron Boron Magnet Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Saudi Arabia Neodymium Iron Boron Magnet Top Companies Market Share
  • Saudi Arabia Neodymium Iron Boron Magnet Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Neodymium Iron Boron Magnet Company Profiles
  • Saudi Arabia Neodymium Iron Boron Magnet Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Neodymium Iron Boron Magnet Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Neodymium Iron Boron Magnet Market - Industry Life Cycle

3.4 Saudi Arabia Neodymium Iron Boron Magnet Market - Porter's Five Forces

3.5 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Saudi Arabia Neodymium Iron Boron Magnet Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for neodymium iron boron magnets in renewable energy applications

4.2.2 Growth in the automotive sector, driving the demand for neodymium iron boron magnets in electric vehicles

4.2.3 Technological advancements leading to the development of more efficient and cost-effective neodymium iron boron magnets

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices impacting the production cost of neodymium iron boron magnets

4.3.2 Environmental concerns and regulations regarding the mining and processing of rare earth metals

4.3.3 Competition from alternative magnet materials affecting the market share of neodymium iron boron magnets

5 Saudi Arabia Neodymium Iron Boron Magnet Market Trends

6 Saudi Arabia Neodymium Iron Boron Magnet Market, By Types

6.1 Saudi Arabia Neodymium Iron Boron Magnet Market, By Application

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Automobile, 2021- 2031F

6.1.4 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Electronics, 2021- 2031F

6.1.5 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Power Generators, 2021- 2031F

6.1.6 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Medical Industry, 2021- 2031F

6.1.7 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Wind Power, 2021- 2031F

6.1.8 Saudi Arabia Neodymium Iron Boron Magnet Market Revenues & Volume, By Others, 2021- 2031F

7 Saudi Arabia Neodymium Iron Boron Magnet Market Import-Export Trade Statistics

7.1 Saudi Arabia Neodymium Iron Boron Magnet Market Export to Major Countries

7.2 Saudi Arabia Neodymium Iron Boron Magnet Market Imports from Major Countries

8 Saudi Arabia Neodymium Iron Boron Magnet Market Key Performance Indicators

8.1 Average efficiency improvement rate of neodymium iron boron magnets

8.2 Adoption rate of neodymium iron boron magnets in new applications

8.3 Investment in research and development for neodymium iron boron magnet technologies

9 Saudi Arabia Neodymium Iron Boron Magnet Market - Opportunity Assessment

9.1 Saudi Arabia Neodymium Iron Boron Magnet Market Opportunity Assessment, By Application, 2021 & 2031F

10 Saudi Arabia Neodymium Iron Boron Magnet Market - Competitive Landscape

10.1 Saudi Arabia Neodymium Iron Boron Magnet Market Revenue Share, By Companies, 2024

10.2 Saudi Arabia Neodymium Iron Boron Magnet Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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