Global Magnetic Materials Market Size & Outlook, 2025-2030
Global magnetic materials market, 2018-2030 (US$M)
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Global magnetic materials market highlights
- The global magnetic materials market generated a revenue of USD 33,783.3 million in 2024 and is expected to reach USD 48,172.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.3% by 2030.
- In terms of segment, hard/permanent accounted for a revenue of USD 16,762.6 million in 2024.
- Hard/Permanent is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 33,783.3 million |
| Market revenue in 2030 | USD 48,172.6 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Hard/permanent |
| Fastest growing segment | Hard/Permanent |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hard/Permanent, Semi-hard, Soft |
Other key industry trends
- In terms of revenue, the North America accounted for 14.0% of the global magnetic materials market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 17,002.8 million by 2030.
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Magnetic Materials Market Scope
Magnetic Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tengam Engineering | View profile | 11-50 | Otsego, Michigan, United States, North America | https://www.tengam.com |
| Electron Energy Corporation | View profile | 101-250 | Landisville, New Jersey, United States, North America | http://electronenergy.com |
| Daido Steel | View profile | 10001+ | Nagoya, Aichi, Japan, Asia | http://www.daido.co.jp/ |
| Hitachi Metals | View profile | 10001+ | Minato, Chiba, Japan, Asia | http://www.hitachi-metals.co.jp |
| Arnold Magnetic Technologies | View profile | 501-1000 | Rochester, New York, United States, North America | http://www.arnoldmagnetics.com/ |
| TDK Corp | View profile | 102908 | Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, Japan | http://www.tdk.co.jp |
| Lynas Rare Earths Ltd | View profile | 911 | 1 Howard Street, Level 4, Perth, WA, Australia, 6000 | https://www.lynascorp.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
Global magnetic materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to magnetic materials market will help companies and investors design strategic landscapes.
Hard/permanent was the largest segment with a revenue share of 49.62% in 2024. Horizon Databook has segmented the Global magnetic materials market based on hard/permanent, semi-hard, soft covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Magnetic Materials Type Outlook (Revenue, USD Million, 2018-2030)
- Hard/Permanent
- Semi-hard
- Soft
- Global Magnetic Materials Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive & transportation
- Electronics
- Energy
- Others
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Our clientele includes a mix of magnetic materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global magnetic materials market , including forecasts for subscribers. This global databook contains high-level insights into Global magnetic materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global magnetic materials market size, by regions, 2018-2030 (US$M)
Top 10 countries: Magnetic materials market size, 2024 (US$M)
Global magnetic materials market share, by type, 2024 & 2030 (%, US$M)
Magnetic materials market: Opportunity assessment by country
Global magnetic materials market, by region, 2024 (US$M)
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