Revealed: Neodymium Magnet Market Demand Surges
The neodymium magnet market is on a trajectory of unprecedented expansion, projected to reach USD 51.87 billion by 2035. This growth is underpinned by a compound annual growth rate (CAGR) of 7.24%, driven by advancements in technology and escalating demand across various sectors. Notably, the market size is estimated to rise from USD 24.04 billion in 2024 to USD 25.78 billion in 2025,...
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