Latest Breaking News On - Neodymium oxide - Page 5 : comparemela.com

The increasing use of rare-earth elements that are used in the permanent magnet application are likely to drive the rare-earth metals market. APAC is the fastest-growing market for rare-earth metals due to increase in  production and consumption in  China. Significant usage of permanent magnets offer a huge impetus to these advanced materials, are expected to drive the rare-earth metals market in the region. The Neodymium Oxide segment is projected to lead the global rare-earth metals  market through 2026 Neodymium oxide is used to produce magnets which are found in most modern vehicles and aircraft as well as popular consumer electronics, such as headphones, microphones, and computer discs . It is used in high-strength permanent magnets that are also known as neodymium-iron-boron (NdFeB) magnets and are one of the strongest magnets in the world. Incresing use of Clean energy application has driven the market.

United statesNew south walesAsia pacificAashish mehraMaterials market research reports consultingChina minmetals rare earth co ltdCanada rare earth corporationLynas corporation australiaIluka resource ltd australiaAvalon advanced materials inc canadaEuropean unionResearch insightArafura resources ltd australiaEarth metals marketbyPermanent magnetsMetals alloys