Neodymium Market to Reach US$ 5.0 Billion by 2036 as EV and...

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2026-06-03 18:28:47 - Translate

Neodymium Market to Reach US$ 5.0 Billion by 2036 as EV and Renewable Energy Demand Accelerates

The global neodymium market is poised for substantial growth over the coming decade, driven by accelerating adoption of electric vehicles, rapid expansion of renewable energy infrastructure, and increasing demand for high-performance permanent magnets across industrial applications. According to recent market analysis, the global neodymium market was valued at US$ 2.1 billion in 2025 and is...

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