Global Permanent Magnets: Market Summary, Competitive Analysis and Forecast to 2030
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Global Permanent Magnets industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– A permanent magnet generates its magnetic field through the internal structure of the material, and it retains its magnetism, even after being separated from an external magnetic field. The market value represents the revenue generated by market players in a specific year. Market volume refers to the amount of permanent magnets consumed by end-user industries.
– The global permanent magnets market recorded a revenue of $29.1 billion in 2025, and the value increased with a CAGR of 7.3% between 2020 and 2025.
– Market consumption volume increased with a CAGR of 6.3% between 2020 and 2025, reaching a total of 1,511,311.8 tons in 2025.
– In 2025, the revenue of the global permanent magnets market experienced an annual growth of 8.3%, driven by the rising GDP. According to the World Bank, in 2025, China recorded a real GDP annual growth of 4.9%.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the permanent magnets market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global permanent magnets market
Leading company profiles reveal details of key permanent magnets market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Global permanent magnets market with five year forecasts
Reasons to Buy
What was the size of the Global permanent magnets market by value in 2025?
What will be the size of the Global permanent magnets market in 2030?
What factors are affecting the strength of competition in the Global permanent magnets market?
How has the market performed over the last five years?
What are the main segments that make up the global's permanent magnets market?
TDK Corp
Lingyi iTech Guangdong Co
Yantai Zhenghai Magnetic Material Co Ltd
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