
The global Permanent Magnets market size is predicted to grow from US$ 14820 million in 2025 to US$ 23440 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.
Permanent magnets are materials that produce a magnetic field permanently. Unlike temporary magnets, they require no external current or other excitation to maintain their magnetism. Once magnetized, they will retain their magnetism for a period of time until they lose their magnetism due to external interference or the gradual decay of the magnetic field. Permanent Magnets major include the rare earth permanent magnets and ferrite magnets.
Global key players of Permanent Magnets include Beijing Zhong Ke San Huan Hi-Tech, Proterial, TDK, JL MAG Rare-Earth, Shin-Etsu, etc. The top five players hold a share about 27%. Asia-Pacific is the largest market, and has a share about 41%, followed by North America and Europe with share 28% and 19%, separately. In terms of product type, Ferrite Magnet is the largest segment, occupied for a share of 86%. In terms of application, Electro-Acoustic Products has a share about 27 percent.
The “Permanent Magnets Industry Forecast” looks at past sales and reviews total world Permanent Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Permanent Magnets sales for 2025 through 2031. With Permanent Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Magnets industry.
This Insight Report provides a comprehensive analysis of the global Permanent Magnets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Permanent Magnets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Magnets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Magnets.
This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnets market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Ferrite Magnet
Rare Earth Magnet
Segmentation by Application:
Electro-Acoustic Products
Toy Industry
Automotive Industry
Home Appliance Industry
Computer and Office Equipment
Aerospace & Defense
Energy
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Proterial
TDK
DMEGC
Guangdong JPMF
Sinomag
Union Materials
Tokyo Ferrite
BGRIMM Magnetic Materials
Hunan Aerospace Magnet &Magneto
Zhejiang Kaiven Magnet
Guangzhou Golden South
Shunde Baling Group
Meizhou Magnetic Materials
Shin-Etsu
Beijing Zhong Ke San Huan Hi-Tech
JL MAG Rare-Earth
Yunsheng Company
Zhenghai Magnetics
Earth-Panda Magnet
Key Questions Addressed in this Report
What is the 10-year outlook for the global Permanent Magnets market?
What factors are driving Permanent Magnets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Permanent Magnets market opportunities vary by end market size?
How does Permanent Magnets break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Permanent Magnets Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Permanent Magnets by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Permanent Magnets by Country/Region, 2020, 2024 & 2031
2.2 Permanent Magnets Segment by Type
2.2.1 Ferrite Magnet
2.2.2 Rare Earth Magnet
2.3 Permanent Magnets Sales by Type
2.3.1 Global Permanent Magnets Sales Market Share by Type (2020-2025)
2.3.2 Global Permanent Magnets Revenue and Market Share by Type (2020-2025)
2.3.3 Global Permanent Magnets Sale Price by Type (2020-2025)
2.4 Permanent Magnets Segment by Application
2.4.1 Electro-Acoustic Products
2.4.2 Toy Industry
2.4.3 Automotive Industry
2.4.4 Home Appliance Industry
2.4.5 Computer and Office Equipment
2.4.6 Aerospace & Defense
2.4.7 Energy
2.4.8 Medical
2.4.9 Others
2.5 Permanent Magnets Sales by Application
2.5.1 Global Permanent Magnets Sale Market Share by Application (2020-2025)
2.5.2 Global Permanent Magnets Revenue and Market Share by Application (2020-2025)
2.5.3 Global Permanent Magnets Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Permanent Magnets Breakdown Data by Company
3.1.1 Global Permanent Magnets Annual Sales by Company (2020-2025)
3.1.2 Global Permanent Magnets Sales Market Share by Company (2020-2025)
3.2 Global Permanent Magnets Annual Revenue by Company (2020-2025)
3.2.1 Global Permanent Magnets Revenue by Company (2020-2025)
3.2.2 Global Permanent Magnets Revenue Market Share by Company (2020-2025)
3.3 Global Permanent Magnets Sale Price by Company
3.4 Key Manufacturers Permanent Magnets Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Permanent Magnets Product Location Distribution
3.4.2 Players Permanent Magnets Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Permanent Magnets by Geographic Region
4.1 World Historic Permanent Magnets Market Size by Geographic Region (2020-2025)
4.1.1 Global Permanent Magnets Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Permanent Magnets Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Permanent Magnets Market Size by Country/Region (2020-2025)
4.2.1 Global Permanent Magnets Annual Sales by Country/Region (2020-2025)
4.2.2 Global Permanent Magnets Annual Revenue by Country/Region (2020-2025)
4.3 Americas Permanent Magnets Sales Growth
4.4 APAC Permanent Magnets Sales Growth
4.5 Europe Permanent Magnets Sales Growth
4.6 Middle East & Africa Permanent Magnets Sales Growth
5 Americas
5.1 Americas Permanent Magnets Sales by Country
5.1.1 Americas Permanent Magnets Sales by Country (2020-2025)
5.1.2 Americas Permanent Magnets Revenue by Country (2020-2025)
5.2 Americas Permanent Magnets Sales by Type (2020-2025)
5.3 Americas Permanent Magnets Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Permanent Magnets Sales by Region
6.1.1 APAC Permanent Magnets Sales by Region (2020-2025)
6.1.2 APAC Permanent Magnets Revenue by Region (2020-2025)
6.2 APAC Permanent Magnets Sales by Type (2020-2025)
6.3 APAC Permanent Magnets Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Permanent Magnets by Country
7.1.1 Europe Permanent Magnets Sales by Country (2020-2025)
7.1.2 Europe Permanent Magnets Revenue by Country (2020-2025)
7.2 Europe Permanent Magnets Sales by Type (2020-2025)
7.3 Europe Permanent Magnets Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Permanent Magnets by Country
8.1.1 Middle East & Africa Permanent Magnets Sales by Country (2020-2025)
8.1.2 Middle East & Africa Permanent Magnets Revenue by Country (2020-2025)
8.2 Middle East & Africa Permanent Magnets Sales by Type (2020-2025)
8.3 Middle East & Africa Permanent Magnets Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Permanent Magnets
10.3 Manufacturing Process Analysis of Permanent Magnets
10.4 Industry Chain Structure of Permanent Magnets
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Permanent Magnets Distributors
11.3 Permanent Magnets Customer
12 World Forecast Review for Permanent Magnets by Geographic Region
12.1 Global Permanent Magnets Market Size Forecast by Region
12.1.1 Global Permanent Magnets Forecast by Region (2026-2031)
12.1.2 Global Permanent Magnets Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Permanent Magnets Forecast by Type (2026-2031)
12.7 Global Permanent Magnets Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Proterial
13.1.1 Proterial Company Information
13.1.2 Proterial Permanent Magnets Product Portfolios and Specifications
13.1.3 Proterial Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Proterial Main Business Overview
13.1.5 Proterial Latest Developments
13.2 TDK
13.2.1 TDK Company Information
13.2.2 TDK Permanent Magnets Product Portfolios and Specifications
13.2.3 TDK Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 TDK Main Business Overview
13.2.5 TDK Latest Developments
13.3 DMEGC
13.3.1 DMEGC Company Information
13.3.2 DMEGC Permanent Magnets Product Portfolios and Specifications
13.3.3 DMEGC Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 DMEGC Main Business Overview
13.3.5 DMEGC Latest Developments
13.4 Guangdong JPMF
13.4.1 Guangdong JPMF Company Information
13.4.2 Guangdong JPMF Permanent Magnets Product Portfolios and Specifications
13.4.3 Guangdong JPMF Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Guangdong JPMF Main Business Overview
13.4.5 Guangdong JPMF Latest Developments
13.5 Sinomag
13.5.1 Sinomag Company Information
13.5.2 Sinomag Permanent Magnets Product Portfolios and Specifications
13.5.3 Sinomag Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Sinomag Main Business Overview
13.5.5 Sinomag Latest Developments
13.6 Union Materials
13.6.1 Union Materials Company Information
13.6.2 Union Materials Permanent Magnets Product Portfolios and Specifications
13.6.3 Union Materials Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Union Materials Main Business Overview
13.6.5 Union Materials Latest Developments
13.7 Tokyo Ferrite
13.7.1 Tokyo Ferrite Company Information
13.7.2 Tokyo Ferrite Permanent Magnets Product Portfolios and Specifications
13.7.3 Tokyo Ferrite Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Tokyo Ferrite Main Business Overview
13.7.5 Tokyo Ferrite Latest Developments
13.8 BGRIMM Magnetic Materials
13.8.1 BGRIMM Magnetic Materials Company Information
13.8.2 BGRIMM Magnetic Materials Permanent Magnets Product Portfolios and Specifications
13.8.3 BGRIMM Magnetic Materials Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 BGRIMM Magnetic Materials Main Business Overview
13.8.5 BGRIMM Magnetic Materials Latest Developments
13.9 Hunan Aerospace Magnet &Magneto
13.9.1 Hunan Aerospace Magnet &Magneto Company Information
13.9.2 Hunan Aerospace Magnet &Magneto Permanent Magnets Product Portfolios and Specifications
13.9.3 Hunan Aerospace Magnet &Magneto Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hunan Aerospace Magnet &Magneto Main Business Overview
13.9.5 Hunan Aerospace Magnet &Magneto Latest Developments
13.10 Zhejiang Kaiven Magnet
13.10.1 Zhejiang Kaiven Magnet Company Information
13.10.2 Zhejiang Kaiven Magnet Permanent Magnets Product Portfolios and Specifications
13.10.3 Zhejiang Kaiven Magnet Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Zhejiang Kaiven Magnet Main Business Overview
13.10.5 Zhejiang Kaiven Magnet Latest Developments
13.11 Guangzhou Golden South
13.11.1 Guangzhou Golden South Company Information
13.11.2 Guangzhou Golden South Permanent Magnets Product Portfolios and Specifications
13.11.3 Guangzhou Golden South Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Guangzhou Golden South Main Business Overview
13.11.5 Guangzhou Golden South Latest Developments
13.12 Shunde Baling Group
13.12.1 Shunde Baling Group Company Information
13.12.2 Shunde Baling Group Permanent Magnets Product Portfolios and Specifications
13.12.3 Shunde Baling Group Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Shunde Baling Group Main Business Overview
13.12.5 Shunde Baling Group Latest Developments
13.13 Meizhou Magnetic Materials
13.13.1 Meizhou Magnetic Materials Company Information
13.13.2 Meizhou Magnetic Materials Permanent Magnets Product Portfolios and Specifications
13.13.3 Meizhou Magnetic Materials Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Meizhou Magnetic Materials Main Business Overview
13.13.5 Meizhou Magnetic Materials Latest Developments
13.14 Shin-Etsu
13.14.1 Shin-Etsu Company Information
13.14.2 Shin-Etsu Permanent Magnets Product Portfolios and Specifications
13.14.3 Shin-Etsu Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Shin-Etsu Main Business Overview
13.14.5 Shin-Etsu Latest Developments
13.15 Beijing Zhong Ke San Huan Hi-Tech
13.15.1 Beijing Zhong Ke San Huan Hi-Tech Company Information
13.15.2 Beijing Zhong Ke San Huan Hi-Tech Permanent Magnets Product Portfolios and Specifications
13.15.3 Beijing Zhong Ke San Huan Hi-Tech Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Beijing Zhong Ke San Huan Hi-Tech Main Business Overview
13.15.5 Beijing Zhong Ke San Huan Hi-Tech Latest Developments
13.16 JL MAG Rare-Earth
13.16.1 JL MAG Rare-Earth Company Information
13.16.2 JL MAG Rare-Earth Permanent Magnets Product Portfolios and Specifications
13.16.3 JL MAG Rare-Earth Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 JL MAG Rare-Earth Main Business Overview
13.16.5 JL MAG Rare-Earth Latest Developments
13.17 Yunsheng Company
13.17.1 Yunsheng Company Company Information
13.17.2 Yunsheng Company Permanent Magnets Product Portfolios and Specifications
13.17.3 Yunsheng Company Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Yunsheng Company Main Business Overview
13.17.5 Yunsheng Company Latest Developments
13.18 Zhenghai Magnetics
13.18.1 Zhenghai Magnetics Company Information
13.18.2 Zhenghai Magnetics Permanent Magnets Product Portfolios and Specifications
13.18.3 Zhenghai Magnetics Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Zhenghai Magnetics Main Business Overview
13.18.5 Zhenghai Magnetics Latest Developments
13.19 Earth-Panda Magnet
13.19.1 Earth-Panda Magnet Company Information
13.19.2 Earth-Panda Magnet Permanent Magnets Product Portfolios and Specifications
13.19.3 Earth-Panda Magnet Permanent Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Earth-Panda Magnet Main Business Overview
13.19.5 Earth-Panda Magnet Latest Developments
14 Research Findings and Conclusion
*If Applicable.
