1h Free Analyst Time
The neodymium market is forecasted to grow by USD 1.50 billion during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the neodymium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on renewable energy sources, rise in production of consumer electronic devices, and increasing use of neodymium magnets in biomedical industry.
The neodymium market is segmented as below:
By Type
- Metal
- Compound
By Application
- Automotive
- Electrical and electronics
- Wind energy
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the neodymium market covers the following areas:
- Neodymium market sizing
- Neodymium market forecast
- Neodymium market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global neodymium market: Alkane Resources Ltd, American Elements, Arafura Rare Earths Ltd., Australian Strategic Materials Ltd., Avalon Advanced Materials Inc., Canada Rare Earth Corp, Dura Magnets Pvt. Ltd., Energy Transition Minerals Ltd., HEFA Rare Earth Canada Co. Ltd., IREL India Ltd., Lenntech BV, Lynas Rare Earths Ltd., Merck and Co. Inc., MP MATERIALS CORP., Neo Performance Materials Inc., Ningdo Newland Magnet Industry Co. Ltd., Noah Chemicals, Sagami Chemical Metal Co. Ltd., The Metall Rare Earth Ltd., and Vietnam Rare Earth Joint Stock Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for electric vehicles."
According to the report, one of the major drivers for this market is the increasing focus on renewable energy sources.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alkane Resources Ltd
- American Elements
- Arafura Rare Earths Ltd.
- Australian Strategic Materials Ltd.
- Avalon Advanced Materials Inc.
- Canada Rare Earth Corp
- Dura Magnets Pvt. Ltd.
- Energy Transition Minerals Ltd.
- HEFA Rare Earth Canada Co. Ltd.
- IREL India Ltd.
- Lenntech BV
- Lynas Rare Earths Ltd.
- Merck and Co. Inc.
- MP MATERIALS CORP.
- Neo Performance Materials Inc.
- Ningdo Newland Magnet Industry Co. Ltd.
- Noah Chemicals
- Sagami Chemical Metal Co. Ltd.
- The Metall Rare Earth Ltd.
- Vietnam Rare Earth Joint Stock Co.