Neodymium iron boron magnet market will grow at a rate of 7.45% for the forecast period of 2021 to 2028. Rise in the rapid expansion of industrial applications acts as a vital factor driving the growth of neodymium iron boron magnet market.
Neodymium-Iron-Boron (NdFeB) magnets are defined as the strongest and most affordable types of rare earth magnets and these magnets exhibit various...