Neodymium and praseodymium are classified as rare earth elements. It is forecast that the largest share of demand for neodymium and praseodymium worldwide in 2030, will be attributed to their use in batteries, at 40 percent. Consumer electronics is expected to account for the second-largest share of demand for neodymium and praseodymium at that time, at 18 percent.
Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application
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Next investors. (February 7, 2024). Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1449207/share-of-demand-for-neodymium-praseodymium-worldwide-by-application/
Next investors. "Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application." Chart. February 7, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1449207/share-of-demand-for-neodymium-praseodymium-worldwide-by-application/
Next investors. (2024). Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1449207/share-of-demand-for-neodymium-praseodymium-worldwide-by-application/
Next investors. "Forecast Distribution of Demand for Neodymium and Praseodymium Worldwide in 2030, by Application." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1449207/share-of-demand-for-neodymium-praseodymium-worldwide-by-application/
Next investors, Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application Statista, https://www.statista.com/statistics/1449207/share-of-demand-for-neodymium-praseodymium-worldwide-by-application/ (last visited December 22, 2024)
Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application [Graph], Next investors, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1449207/share-of-demand-for-neodymium-praseodymium-worldwide-by-application/
