Neodymium-Iron-Boron Magnet Market Size 2028: Trends, Key Players, Demand, Latest Insights and Forecast
IMARC Group, a leading market research company, has recently releases report titled “ Neodymium-Iron-Boron Magnet Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028. ” The study provides a detailed analysis of the industry, including the global neodymium-iron-boron magnet market share , size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights How big is the neodymium-iron-boron magnet market? The global neodymium-iron-boron magnet market size reached US$ 14.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.53% during 2023-2028. What is neodymium-iron-boron magnet? A neodymium-iron-boron magnet market refers to a kind of permanent magnet that has a tetragonal crystalline structure. It is made from an alloy of neodymium, iron and boron. It is considered to ...