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The Neodymium Magnet market is a subset of the Advanced Materials industry. Neodymium Magnets are composed of an alloy of neodymium, iron, and boron, and are the strongest type of permanent magnet commercially available. They are used in a variety of applications, including motors, sensors, and loudspeakers. Neodymium Magnets are also used in medical equipment, such as MRI machines, and in consumer electronics, such as hard drives and headphones.
The Neodymium Magnet market is highly competitive, with a number of manufacturers offering a range of products. Companies in the market include Hitachi Metals, Shin-Etsu Chemical, TDK Corporation, and Daido Steel. Other major players include Arnold Magnetic Technologies, Adams Magnetic Products, and Master Magnetics. Show Less Read more