Neodymium Market Forecast 2025-2035: How High-Performance Magnets...

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2026-09-09 12:26:53 -

Neodymium Market Forecast 2025-2035: How High-Performance Magnets and EV Motors Are Driving Neodymium Demand

The global neodymium market is experiencing rapid growth, driven by the increasing demand for high-performance magnets in electric vehicles, wind turbines, and electronics. According to WiseGuy Reports, the Neodymium market was valued at USD 2.49 billion in 2025 and is projected to grow to USD 6.5 billion by 2035, exhibiting a compound annual growth rate of 10.1% during the forecast...

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