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2025-07-15 12:47:21 -

Neodymium-Iron-Boron Permanent Magnet Market Size, Share & Global Insights 2021–2031

The global neodymium iron boron (NdFeB) permanent magnet market is projected to grow significantly, reaching US$ 29,129.11 million by 2031, up from US$ 15,204.23 million in 2024. This growth reflects a robust CAGR of 10.3% during the forecast period from 2025 to 2031. Executive Summary & Global Market Analysis The NdFeB magnet market is witnessing strong momentum, fueled by increasing...

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