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Neodymium Market Size, Share & Trends Analysis Report By Application (Magnets, Catalysts), By End-use (Automotive, Electrical & Electronics), By Region, And Segment Forecasts, 2022 –...
by admin on 23-02-08
The global neodymium market size was valued at USD 2.07 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.0% from 2022 to 2030. The market is anticipated to be driven by the increasing usage of permanent magnets in the automotive industry. Neodymium-iron-boro...
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Neodymium Magnet Applications
by admin on 23-02-08
Neodymium is a rare earth metal component mischmetal (mixed metal) which can be used to create powerful magnets. Neodymium magnets are the strongest known relative to their mass, with even small magnets able to support thousands of times their own weight. Although a “rare” earth metal, neodymium ...
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