2025-02-26229 Pages3680 USD
Neodymium rare earth magnets are a type of permanent magnet made from an alloy of neodymium, iron, and boron to form the Nd2Fe14B tetragonal crystalline structure. These magnets are known for their exceptional strength and are the strongest type of permanent magnet commercially available. They are widely used in various industries such as electronics, automotive, aerospace, and renewable energy for applications including electric motors, sensors, magnetic resonance imaging (MRI) machines, and magnetic separators. The global market for neodymium rare earth magnets is driven by the increasing demand for high-performance magnets in these industries due to their superior magnetic properties.
Market trends indicate a growing adoption of neodymium rare earth magnets in emerging technologies lik