Rare Earth Magnet Market: Growth Forecast and Emerging Potential Across Global Regions
The rare earth magnet market is expected to witness strong growth over the next decade, fueled by rising demand in electric vehicles, renewable energy, industrial automation, electronics, and medical devices. Rare earth magnets such as NdFeB and SmCo are favored for their high magnetic strength, compact size, and temperature stability, making them critical in applications that require...
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