France Neodymium Market Size, Share, and COVID-19 Impact Analysis, By Application (Magnets, Catalyst, Ceramic & Glass), By End Use (Automotive, Electrical & Electronics, and Wind Energy), and France Neodymium Market Insights, Industry Trend, Forecasts to 2035

France Neodymium Market Insights Forecasts to 2035 

• The France Neodymium Market Size was Estimated at USD 9.6 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 13.10% from 2025 to 2035
• The France Neodymium Market Size is Expected to Reach USD 37.2 Million by 2035

According to a research report published by Spherical Insights and Consulting, The France Neodymium Market Size is anticipated to reach USD 37.2 Million by 2035, growing at a CAGR of 13.10% from 2025 to 2035. This is due to the growing need for permanent magnets in a variety of industries is the main factor propelling the neodymium sector's rapid expansion.

Market Overview 

The France neodymium market is the market for neodymium, as a rare-earth element, comprised of the full supply chain production and processing of neodymium to the downstream applications of neodymium, of which essentially all neodymium goes into high-strength permanent magnets and other possible products. The neodymium market is spearheaded by emerging demands and uses of neodymium in electric vehicles and wind turbines, consumer electronics, and anything else that requires neodymium magnets, which can only be manufactured due to the unique magnetic properties of neodymium. NdFeB magnets (neodymium iron boron) are the strongest of all rare-earth magnets that serve many high-performance applications. As the nation moves toward more compact and energy-efficient technological solutions, the demand for neodymium components and products has heightened due to the high magnetic strength and small form factor. Neodymium magnets can be found in a variety of items, including electric motors, permanent magnets in wind turbines, and all manner of consumer electronics, where it has used in small sizes to increase functionality and performance.

Report Coverage

This research report categorizes the France neodymium market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France neodymium market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France neodymium market. 

Driving Factors

The France neodymium market is primarily influenced by its significant use in high-performance permanent magnets, important for a variety of applications, including electric motors, wind turbines, and consumer electronics. The sector’s rise of environmentally conscious mobility and the demand for clean energy has already increased the demand for neodymium in both vehicles and green energy applications significantly. Furthermore, advances in miniaturization and energy-efficient technology continue to increase demand for compact, powerful magnet materials.

Restraining Factors

The France neodymium industry faces pressure from the concentration of supply and the potential for adverse environmental impacts. As well, rare earth elements, such as neodymium, are often mined and/or processed by contributing significant environmental challenges that may result in regulatory barriers and local community resistance. All of these factors could inhibit production growth and disrupt supply stability.

Market Segmentation

The France Neodymium Market Share is classified into application and end use.

• The magnets segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France neodymium market is segmented by application into magnets, catalyst, ceramic & glass. Among these, the magnets segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because NdFeB is a very strong permanent magnet; it is used to make small electronics like computer hard drives, smartphones, and loudspeakers.  Additionally, these are widely used in EVs because it has lighter and less expensive than samarium cobalt (SmCo) magnets.

• The automotive segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France neodymium market is segmented by end use into automotive, electrical & electronics, and wind energy. Among these, the automotive segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because NdFeB magnets are widely used in the automotive industry, and the market depends heavily on this end-use sector.  It serves as the static component of electric motors, which are becoming more and more popular as a result of technological developments.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France neodymium market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. 

List of Key Companies

• China Rare Earth Holdings Limited
• Lynas Rare Earths Ltd
• Peak Rare Earths
• Texas Mineral Resources Corp.
• MP MATERIALS
• METALL RARE EARTH LIMITED
• Rainbow Rare Earths Limited
• HEFA Rare Earth
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France Neodymium Market based on the below-mentioned segments:

France Neodymium Market, By Application                                               

• Magnets
• Catalyst
• Ceramic & Glass

France Neodymium Market, By End Use              

• Automotive
• Electrical & Electronics
• Wind Energy