Neodymium Oxide Price Chart, Historical and Forecast Analysis Provided by Procurement Resource
Neodymium Oxide (Nd2O3) is a rare inorganic chemical compound that comprises neodymium and oxygen atoms arranged in a hexagonal form. It is a blue-grey colored chemical powder that is hygroscopic in nature and is soluble in water. However, the compound is insoluble in acids.
Neodymium Oxide can absorb carbon dioxide from the atmosphere and exhibits a slightly red fluorescent color. It gives different colors in different circumstances depending upon the mixtures, temperatures, and lights flashed on it. For example, it may exhibit colors like aqua in glaze bases or lavender that appear to be of different colors under different light sources. It has various applications associated with the glass and ceramics industry.
Request for Real-Time Neodymium Oxide Prices: https://procurementresource.com/resource-center/neodymium-oxide-price-trends/pricerequest
The key importing countries that import Neodymium Oxides are India, Vietnam, and the United States. On the other hand, the United Kingdom, India, and the United States are the primary exporting countries for the same.
Key Details About the Neodymium Oxide Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Neodymium Oxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Neodymium Oxide Price chart, including India Neodymium Oxide price, USA Neodymium Oxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Neodymium Oxide Price Trend:
The market for Neodymium Oxide is marked by its rarity and diverse industrial applications, primarily within the glass and ceramics sectors. This compound plays a crucial role in coloring and coating various glass products such as sunglasses, welding glasses, and ceramics materials, serving as a key component in ceramic pigments. Additionally, it is utilized in UV-absorbing glasses and as a crucial element in the production of YAG lasers, widely employed across numerous industries.
Beyond glass and ceramics, Neodymium Oxide finds extensive use in the electronics sector, contributing to the manufacturing of microphones, loudspeakers, in-ear headphones, and computer hard disks, among other electronic devices. Furthermore, its role extends to catalyzing polymerization reactions and as a vital ingredient in optical fibers, which have diverse applications across defense, medical, communication, broadcasting, and mechanical industries.
In analyzing market trends, stakeholders may track the Neodymium Oxide Price Trend, Neodymium Oxide Price Index, and Neodymium Oxide Prices through various metrics such as Price Trend, Neodymium Oxide Price Chart, and Neodymium Oxide Price Graph to inform decision-making and strategic planning within the industry.
Key Players:
- Hubei Jusheng
- China Minmetals Rare Earth
- Qiandong Group
- Neostar United
News & Recent Development
- Date: January 13,2023- LKAB, a Swedish iron ore mining company, had announced the discovery of the largest deposit of rare earth elements containing praseodymium or Neodymium Oxides, used in producing specific magnets for electric vehicles.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Reference Link – https://theprocurementexpert.com/neodymium-oxide-price-trend/
