Press release
NdBR Market to Set Phenomenal Growth From 2025 to 2034 | BASF, Lanxess, Kraton Corporation
The global NdFeB (Neodymium-Iron-Boron) magnet market, valued at approximately $24 billion in 2024, is projected to grow to around $45 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of about 6.7% during the forecast period. This growth is driven by rising demand in various sectors, including electric vehicles, renewable energy, and consumer electronics, where high-performance magnets are essential.Exactitude Consultancy., Ltd. released a research report offers a comprehensive examination of the various processes and materials used in the production of NdBR market goods. The market study excludes key regions that are accelerating marketization. This section also gives the extent of different market segments and applications that could have an impact on the market in the future. Current trends and historical turning points form the basis of the enormous amount of data. The report includes information on market trends and development, growth drivers, emerging technologies, and the investment structure of the NdBR market.
This report is also available in the following languages : Japanese (NdBR), Korean (엔디브르), Chinese (钕系顺丁橡胶), French (NdBR), German (NdBR), and Italian (NdBR), etc.
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Key Companies:
BASF, Lanxess, Kraton Corporation, Eastman Chemical Company, LG Chem, Nanjing Chemical Industries Group, ExxonMobil, JSR Corporation, Sumitomo Chemical Co., Ltd., Sinopec, Dow Chemical Company, Chevron Phillips Chemical Company, Sasol, Hexion, Arkema
Market Segmentation
By Product Type
Low Styrene
High Styrene
By Application
Automotive
Consumer Goods
Industrial
By End User
Manufacturers
Distributors
Retailers
By Technology
Emulsion Polymerization
Solution Polymerization
By Distribution Channel
Online
Offline
Explore Full Report here: https://exactitudeconsultancy.com/reports/62222/global-ndbr-market
If opting for the Global version of NdBR Market; then the below country analysis would be included:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
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The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the NdBR market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the NdBR market.
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Reasons To Buy The NdBR Market Report:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography, and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods
Our team is available 24/7 to assist and support our customers through reliable research.
Customization
-20% free customization.
-Five Countries can be added as per your choice.
-Five Companies can added as per your choice.
-Free customization up to 40 hours.
-Post-sales support for 1 year from the date of delivery.
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