1 / 10

Global Neodymium Oxide market

Global Neodymium Oxide market size was valued at USD 286 million in 2024. The market is projected to grow from USD 306 million in 2025 to USD 548.33 million by 2032, exhibiting a CAGR of 7.50% during the forecast period. Meanwhile, North America's market was valued at USD 84.41 million in 2024, expected to grow at 6.43% CAGR through 2032.

Sakshi192
Download Presentation

Global Neodymium Oxide market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Latest Research Report : Global Neodymium Oxide Market Research Report 2025 Comprehensive insight into regional dynamics, growth drivers, and market segmentation. www.24chemicalresearch.com

  2. MARKET OVERVIEW: Neodymium(III) oxide (Nd O ) is a critical rare earth compound primarily used in permanent magnets, glass coloring, and ceramics. This reddish-purple powder exhibits unique luminescent and magnetic properties, making it indispensable for high-tech applications like wind turbines, electric vehicles, and precision lasers. The material's 4f electron configuration enables exceptional performance in energy-efficient technologies. 2 3

  3. MARKET INSIGHT & GROWTH DRIVERS: CAGR 2024 USD 286  MILLION 2032 USD 548.33  MILLION 7.50% The market growth stems from booming demand for neodymium-iron-boron (NdFeB) magnets, which consume approximately 30% of global production. However, supply chain vulnerabilities and China's dominance in rare earth production (controlling over 70% of output) create pricing volatility. Click Here for More Detailed Report

  4. MARKET SEGMENTATION: 01 02 BY APPLICATION BY TYPE Permanent magnets Glass colorants Ceramic colorants 4N (99.99% pure) 4.5N (99.995% pure) 5N (99.999% pure)

  5. MARKET DYNAMICS Growing Demand for Permanent Magnets in Electronics and Automotive Industries The neodymium oxide market is experiencing robust growth due to increasing demand for high-performance permanent magnets. These magnets, containing neodymium as a key component, are essential for electric vehicle motors, wind turbines, and consumer electronics.

  6. MARKET OPPORTUNITIES Growing concerns about supply chain security are creating opportunities for new production outside traditional sources. Several countries have launched initiatives to develop complete rare earth supply chains, with total planned investments exceeding USD 10 billion through 2030. COMPANY MISSION The neodymium oxide market is witnessing robust growth due to its critical role in NdFeB (Neodymium Iron Boron) magnets, which account for over 35% of global rare earth magnet consumption. These high-performance magnets are indispensable in electric vehicle motors, wind turbines, electronics, driving consistent demand for neodymium oxide. and consumer

  7. REGIONAL MARKET OUTLOOK North America The North American neodymium oxide market, valued at USD 84.41 million in 2023, is driven by robust demand from the clean energy sector, particularly in permanent magnets for wind turbines and electric vehicles. The U.S. Inflation Reduction Act (IRA) has accelerated domestic rare earth refining capacity to reduce reliance on imports. Europe Europe's market growth is propelled by the EU's Circular Economy Action Plan and stringent REACH regulations governing rare earth compounds. Germany and France lead in adopting neodymium oxide for automotive electrification, with major OEMs securing long-term supply contracts

  8. COMPETITIVE LANDSCAPE China Minmetals Rare Earth (China) Longyi Heavy Rare-Earth (China) Ganzhou Rare Earth Mineral Industry (China) Ganzhou Qiandong Rare Earth Group (China) Chenguang Rare Earth (China) These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics. DOWNLOAD FREE SAMPLE PDF BROCHURE

  9. About Us Founded in 2015, 24chemicalresearch is a trusted name in global chemical industry intelligence. We specialize in delivering high-quality market research reports, empowering over 30+ Fortune 500 clients with data-driven insights for strategic growth. Our team of experienced analysts delivers customized, reliable, and timely research backed by a rigorous methodology. From mining regulatory trends to forecasting market opportunities, our reports help companies navigate industry challenges, stay competitive, and grow confidently. As a one-stop platform for the chemical sector, we offer: Deep specialization in chemical market analysis Customized reports tailored to your needs A robust portal with free samples, consulting, and competitive insights www.24chemicalresearch.com

  10. Contact Us: www.24chemicalresearch.com help@24chemicalresearch.com USA & International: +1 332 2424 294 Asia (India): +91 9169162030 Follow Us:

More Related