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Top 10 Neodymium Magnet Manufacturers in the World 2024

Neodymium magnets, known for their exceptional strength and versatility, are essential components in various industries, including electronics, automotive, and renewable energy. As the demand for these powerful magnets continues to grow, several manufacturers have established themselves as leaders in the global market. Here are the top 10 neodymium magnet manufacturers in the world for 2024.

1. Adams Magnetic Products Co.

Company Profile:

Adams Magnetic Products was founded in 1950 and is based in Elmhurst, Illinois. The company is an engineer and custom manufacturer of magnetic products serving aerospace, medical applications, packaging, green energy, data storage, and several other industries. The company’s product divisions include sheet& strip magnets, magnet assemblies, rare earth magnets, alnico, and ceramic magnets. Magnets can be coated and plated with materials such as epoxy, nickel, chrome, and vinyl. The company provides application and design engineering assistance, testing, CAD services, and product planning services for customers.

Location: United States, Illinois

Main Products:

  • Neodymium Magnets

  • SmCo Magnets

  • AlNiCo Magnets

 

2.Bunting-DuBois

Company Profile:

Bunting Dubois began in 1959 as Bunting Magnetics, Co. in Chicago, Illinois as a magnet manufacturer. Today, the company is based in Bunting, Pennsylvania, has attained ISO 9001:2015 certification, and manufactures a full range of magnetics manufacturing with both ferrite and rare earth compounds for consumers around the world in industries spanning aerospace, automotive, medical, and industrial manufacturing. The company seeks to source magnetic material outside of China in conflict-free areas and performs 100% of manufacturing inside the United States. The company assists customers by providing engineering and application support to produce solutions, especially in the case of rare earth magnets.

Location: United States, Pennsylvania

Main Products:

  • Neodymium Magents

  • Ferrite Magnet

  • SmCo Magnets

 

3. Ketai Magnetic Materials Co., Ltd.

Company Profile:

Ningbo Ketai Magnetic Materials Co., Ltd. is a new high-tech enterprise specializing in R&D, production, processing and sales of NdFeB permanent magnet materials. The company has the rights of self-managed import and export and an annual production and processing capacity of 1200t high-performance NdFeB. The company adopts advanced anaerobic manufacturing process, and can steadily produce N52, N50M, 48H, 45SH and other high-performance NdFeB magnets by virtue of high postprocessing capacity of Ningbo. The products are exported to Europe, America, Asia and other countries and regions, and widely used in the fields of motor, communication, medical treatment, electronic instrument, instrument, magnetic separator, aerospace and daily necessities. 

Location: Ningbo, China

Main Products:

  • Permanent Magents

  • NdFeb Magnets

  • Magents Assembles

 

4. MASTER MAGNETICS , Inc.

Company Profile:

Master Magnetics, founded in the year 1976, and based in Florida, USA, is a manufacturer and supplier of a wide variety of magnets. Their product portfolio includes flexible magnetic material, rare earth magnets, neodymium magnets, ceramic magnets, samarium cobalt magnets, and alnico magnets. The company also offers custom cutting solutions, printing, and caring for flexible magnets services. The products are used in multiple industries which include automotive, hardware, cow or animal magnets, home improvement, and hobby magnets.

Location: United States, Colorado

Main Products:

  • Neodymium Magnetic

  • SmCo Magnets

  • AlNiCo Magnet

 

5. Tengye Magnetic

Company Profile:

Hangzhou Tengye Magnetic Materials Co., Ltd., founded in 2014, is a professional manufacturer of custom magnets, based in China. The company’s main products include permanent magnets and various magnetic solutions. These products are used by tech companies worldwide, helping them succeed in their projects. Its expertise spans different magnet materials and applications, as well as sales, technical consultation, and project management. It continues to solving magnet-related challenges by leveraging its extensive knowledge and experience in magnetics, plastics, metals, and other materials such as adhesives. Its advanced tools enables precise measurements and analysis, ensuring that every magnetic solution meets the highest standards.

Location: Hangzhou,China

Main Products:

  • Neodymium Magnets

  • Samarium Cobalt Magnets

  • AlNiCo Magnets

 

6. Eclipse Magnetics Ltd.

Company Profile:

With 100 years of experience in the design and manufacture of high performance magnetic systems, Eclipse Magnetics Ltd supplies critical magnetic equipment to some of the leading brands in the most demanding industries. They are firmly established as a leading manufacturer and supplier of permanent magnets and magnetic equipment.

Location:United Kingdom

Main Products:

  • Alnico Power Magnets

  • Neodymium NdFeB Block Magents

  • Magnet Filtration

 

7. TCM Magnetics

Company Profile:

TCM Magnetics, founded in 2004, is a China-based manufacturer of Neodymium products, including permanent magnets and magnetic assemblies. The company produces various high-energy magnet grades, including N35, N42, N52, 40EH, 45SH, and 50M, among others. A blend of Neodymium, Iron, and Boron (NdFeB) produces these high-strength neodymium magnets, which are available in categories such as NdFeB block magnets, pot magnets, pin magnets, ring magnets, and arc segment magnets. Applications catered to include generators, servo motors, linear motors, automotive parts, and home electronics.

Location: China

Main Products:

  • NdFeB Magnets

  • Permanent Magnets

  • SmCo Magnets

 

8. Newland Magnetics Europe SAS

Company Profile:

Newland Magnetics Europe, established in 2016 in France as a division of the Ningbo Newland Magnetics Group, is a manufacturer and supplier specializing in Sintered NdFeB magnets and magnetic assemblies. The company's product line includes NdFeB, SmCo, Alnico, and Ferrite magnets, as well as magnetic assemblies and powders, serving diverse applications across industries. The company can also provide material data, technical design assistance and sampling to suit specific client requirements and applications. With ISO 9001:2015 and IATF 16949:2016 accreditation, the company provides magnetic solutions globally, collaborating with industry leaders in automotive, medicine, telecommunications, and other sectors.

Location: France

Main Products:

  • Neodymium Magents

  • AlNiCo Magnets

  • SmCo Magnets

 

9. Armstrong Magnetics Inc.

Company Profile:

Armstrong Magnetics Inc., founded in the United States in 1994, is a supplier of lifting magnets, magnet materials, and magnetic assemblies. The company's product portfolio includes neodymium magnets, samarium cobalt magnets, ceramic magnets, alnico magnets, and bonded neodymium. The company has over 1 million magnets in stock and its products are manufactured in ISO9001 certified factories and meet MMPA Standards. the company's lifting magnets are made in the factory in China using AMI designs and under AMI quality controls.

Location:United States, Washington

Main Products:

  • Permanent Magnets

  • Neodymium Magnets

  • Alnico Magents

 

10. Electron Energy Corporation

Company Profile:

EEC was one of the first permanent magnet manufacturers, and because we control every step of the production process, from material selection, to alloy melting, to machining, they deliver some of the highest performing materials and products in the industry including Samarium Cobalt, Neodymium Iron Boron, and Alnico permanent magnets.At Electron Energy Corporation, they value productive and motivated individuals who can think critically and solve problems. 

Location: Lancaster, PA,USA

Main Products:

  • Magnets Assmeblies

  • Samarium Cobalt Magents

  • Neodymium Iron Boron Magnets

 

Conclusion

The top 10 neodymium magnet manufacturers in 2024 represent the forefront of innovation and quality in the magnet industry. These companies are pivotal in meeting the growing demand for powerful and efficient magnetic solutions across various high-tech and industrial applications. Their commitment to research and development ensures they remain leaders in providing advanced magnetic materials that drive technological progress and sustainability.

If you need a reliable manufacturer, then it is recommended to contact ketai ,ketai is a new high-tech enterprise specializing in R&D, production, processing and sales of NdFeB permanent magnet materials

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