Neodymium Market Research Report Analysis 2032

In the Global Neodymium Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Neodymium industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Neodymium market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

The global neodymium market size was USD 2.83 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.3% during the forecast period. Increasing popularity of Electric Vehicles (EVs), rapid expansion of the renewable energy sector especially in wind power energy, and rising adoption of Neodymium-Iron-Boron (NdFe magnets in electronics, automotive, and aerospace industries are major factors driving market revenue growth.

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