Neodymium Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

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Neodymium Market - Global Industry

Analysis, Size, Share, Growth, Trends

and Forecast 2016 - 2024

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REPORT DESCRIPTION

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Neodymium

Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This report likewise

incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide

business sector industry structure.

Neodymium Market: Overview

Neodymium is a rare earth metal with the symbol ‘Nd’ having an atomic number 60. The metal is soft and silvery in nature and

tarnishes when exposed to air. Neodymium is present in large quantities in various ore minerals such as monazite bastnasie. The

element is not present naturally in metal form and is always refined for general use. Although, neodymium is referred to as a

rare earth metal it is a common element and is found largely in the earth’s crust. The original color of neodymium is reddish

purple, but changes based on the lighting used owing to its fluorescent effects.

Neodymium compounds are employed commercially in glass dyes and are used as an additive in the manufacture of glass.

Moreover, neodymium is employed in lasers, which emit infrared light with wavelengths that range from 1047 nanometers to

1062 nanometers. These lasers are used largely in a variety of high power applications, such as experiments in a process known

as inertial confinement fusion. Additionally, neodymium is employed...