Global Neodymium Praseodymium Alloy Market Research Report 2022

Rare Earth Praseodymium Neodymium Alloy Metal 99 % Min Formula Pr Nd Alloy used as material of Nd-Fe-B permanent magnets Pr-Nd Alloy Metal. silver grey metal ingots.The total amount of rare earth is more than 99%.The content of neodymium in the metal is about 75% and the praseodymium content is about 25%.Metal praseodymium oxide is easily oxidized in the air.Rare earths hydrolyze almost completely in animals, forming hydroxide colloids and precipitates, so they are not easily absorbed.Safe keeping in a dry environment can be stored for a long time.
Market Analysis and Insights: Global Neodymium Praseodymium Alloy Market
Due to the COVID-19 pandemic, the global Neodymium Praseodymium Alloy market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 0.99 accounting for % of the Neodymium Praseodymium Alloy global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Permanent Magnetic Materials segment is altered to an % CAGR throughout this forecast period.
North America Neodymium Praseodymium Alloy market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Neodymium Praseodymium Alloy include ALB Materials Inc, QS Advanced Materials Inc, Advanced Engineering Materials Limited, Australian Strategic Materials, Nano Research Elements, Avalon Advanced Materials, Brightever International, Zhongxi Tianma New Material Technology Co., Ltd and Ningbo Permanent Magnet Materials Co., Ltd., etc. In terms of revenue, the global 3 largest players have a % market share of Neodymium Praseodymium Alloy in 2021.
Global Neodymium Praseodymium Alloy Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Neodymium Praseodymium Alloy Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Purity and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Purity
0.99
0.999
0.9999
Others
Segment by Application
Permanent Magnetic Materials
Additives
Metallurgy
Others
By Company
ALB Materials Inc
QS Advanced Materials Inc
Advanced Engineering Materials Limited
Australian Strategic Materials
Nano Research Elements
Avalon Advanced Materials
Brightever International
Zhongxi Tianma New Material Technology Co., Ltd
Ningbo Permanent Magnet Materials Co., Ltd.
Ganzhou Wanfeng Advanced Materials Tech. Co., Ltd.
Lanzhou Sunrising Ferroalloy Co.,Ltd
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia

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