The alloy of neodymium, iron, and boron is used to make the permanent magnet known as NdFeB for short. The growth rate of the global demand for neodymium-iron-boron (NdfeB) permanent magnets is expected to amount to 40.5 percent in 2021 compared to the previous year.
Growth rate of demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2019 to 2022
(in percent)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
China Market Monitor. (July 15, 2020). Growth rate of demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2019 to 2022 (in percent) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1134603/neodymium-iron-boron-permanent-magnet-demand-growth-rate-worldwide/
China Market Monitor. "Growth rate of demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2019 to 2022 (in percent)." Chart. July 15, 2020. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1134603/neodymium-iron-boron-permanent-magnet-demand-growth-rate-worldwide/
China Market Monitor. (2020). Growth rate of demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2019 to 2022 (in percent). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1134603/neodymium-iron-boron-permanent-magnet-demand-growth-rate-worldwide/
China Market Monitor. "Growth Rate of Demand for Neodymium-iron-boron (Ndfeb) Permanent Magnets Worldwide from 2019 to 2022 (in Percent)." Statista, Statista Inc., 15 Jul 2020, https://www.statista.com/statistics/1134603/neodymium-iron-boron-permanent-magnet-demand-growth-rate-worldwide/
China Market Monitor, Growth rate of demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2019 to 2022 (in percent) Statista, https://www.statista.com/statistics/1134603/neodymium-iron-boron-permanent-magnet-demand-growth-rate-worldwide/ (last visited July 27, 2024)
Growth rate of demand for neodymium-iron-boron (NdfeB) permanent magnets worldwide from 2019 to 2022 (in percent) [Graph], China Market Monitor, July 15, 2020. [Online]. Available: https://www.statista.com/statistics/1134603/neodymium-iron-boron-permanent-magnet-demand-growth-rate-worldwide/