Investment
Features
FeesSafety
Academy
More
Pluang+

Neodymium Iron Boron magnet market to double to $37.34B by 2035 driven by EV and renewable energy demand

Market News
13 Jul 2026
Sns Insider
View Source
Bullish
pluang ai news

The Neodymium Iron Boron (NdFeB) magnet market, valued at $18.22 billion in 2025, is projected to grow to $37.34 billion by 2035 at a CAGR of 7.46%. Growth is fueled by rising demand in electric vehicles (EVs), renewable energy like wind turbines, and consumer electronics. North America and Europe are investing heavily in rare earth supply chains to reduce dependence on China, which currently dominates production and processing. The market expansion is supported by advancements in EV traction motors, wind turbine generators, and coatings that enhance magnet durability in harsh environments.

More News

Egoist Machines launches AI Passport to give users control over personal data across AI assistants.

Egoist Machines launches AI Passport to give users control over personal data across AI assistants.

Egoist Machines, backed by Y Combinator, has launched AI Passport, a secure system allowing users to store and manage their personal data and preferences across various AI assistants like ChatGPT and Claude. This tool addresses concerns about data pr...

Others
Bullish
29 minutes ago
Brazilian health authority receives application for Bavarian Nordic's chikungunya vaccine approval

Brazilian health authority receives application for Bavarian Nordic's chikungunya vaccine approval

Bavarian Nordic's partner Eurofarma has submitted an application to Brazil's health authority Anvisa for approval of the chikungunya vaccine CHIKV VLP, targeting prevention in people aged 12 and above. This marks a key step in making the vaccine avai...

Market News
Bullish
29 minutes ago
Bavarian Nordic’s chikungunya vaccine submitted for approval in Brazil, targeting a major outbreak region.

Bavarian Nordic’s chikungunya vaccine submitted for approval in Brazil, targeting a major outbreak region.

Bavarian Nordic's partner Eurofarma has submitted a regulatory approval application for the chikungunya vaccine CHIKV VLP to Brazil's health agency Anvisa. This marks a key step in making the vaccine available in Brazil, which reports over half of gl...

Market News
Bullish
29 minutes ago
Sleep water enhancers market to grow 11.9% CAGR, reaching $2.32B by 2030 driven by rising sleep disorder demand.

Sleep water enhancers market to grow 11.9% CAGR, reaching $2.32B by 2030 driven by rising sleep disorder demand.

The global sleep water enhancers market is projected to grow from $1.48 billion in 2026 to $2.32 billion by 2030, with a CAGR of 11.9%. This growth is driven by increasing prevalence of sleep disorders, consumer preference for non-pill sleep aids, an...

Market News
Bullish
1 hour ago
Veterinary lab automation market to grow to $1.9B by 2030, driven by AI and companion animal care demand

Veterinary lab automation market to grow to $1.9B by 2030, driven by AI and companion animal care demand

The veterinary lab automation market is projected to grow from $1.36 billion in 2026 to $1.9 billion by 2030, with a CAGR of 8.7%. Growth is fueled by rising demand for rapid diagnostics, AI integration, and precision veterinary medicine, alongside i...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App