Neodymium Metal Market Growth Driven by Electric Vehicles and...

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2026-07-18 07:52:19 -

Neodymium Metal Market Growth Driven by Electric Vehicles and Renewable Energy

According to WiseGuy Reports, the Neodymium Metal Market was valued at USD 2.94 billion in 2024 and increased to USD 3.08 billion in 2025. The Neodymium Metal Market Size is projected to reach USD 5.0 billion by 2035, registering a CAGR of 5.0% during the forecast period. Rising demand for permanent magnets, expanding electric vehicle production, increasing renewable energy installations, and...

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