The alloy of neodymium, iron, and boron is used to make the permanent magnet known as NdFeB for short. The global demand for neodymium-iron-boron (NdfeB) permanent magnets is expected to increase from 6,700 tons in 2018 to more than 16,100 tons by 2022.
Demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2018 to 2022
(in tons)
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China Market Monitor. (July 15, 2020). Demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2018 to 2022 (in tons) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1047263/neodymium-iron-boron-permanent-magnet-demand-worldwide/
China Market Monitor. "Demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2018 to 2022 (in tons)." Chart. July 15, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1047263/neodymium-iron-boron-permanent-magnet-demand-worldwide/
China Market Monitor. (2020). Demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2018 to 2022 (in tons). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1047263/neodymium-iron-boron-permanent-magnet-demand-worldwide/
China Market Monitor. "Demand for Neodymium-iron-boron (Ndfeb) Permanent Magnets Worldwide from 2018 to 2022 (in Tons)." Statista, Statista Inc., 15 Jul 2020, https://www.statista.com/statistics/1047263/neodymium-iron-boron-permanent-magnet-demand-worldwide/
China Market Monitor, Demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2018 to 2022 (in tons) Statista, https://www.statista.com/statistics/1047263/neodymium-iron-boron-permanent-magnet-demand-worldwide/ (last visited December 21, 2024)
Demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2018 to 2022 (in tons) [Graph], China Market Monitor, July 15, 2020. [Online]. Available: https://www.statista.com/statistics/1047263/neodymium-iron-boron-permanent-magnet-demand-worldwide/
