The global Permanent Magnetic Materials market size was US$ 14180 million in 2024 and is forecast to a readjusted size of US$ 23580 million by 2031 with a CAGR of 7.6% during the forecast period 2025-2031.
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 global Permanent Magnetic Materials market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
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
By Type: (Dominant Segment vs High-Margin Innovation)
Ferrite Magnet
Rare Earth Magnet
By Application: (Core Demand Driver vs Emerging Opportunity)
Electro-Acoustic Products
Toy Industry
Automotive Industry
Home Appliance Industry
Computer and Office Equipment
Aerospace & Defense
Energy
Medical
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Proterial in Europe)
- Emerging Product Trends: Ferrite Magnet adoption vs. Rare Earth Magnet premiumization
- Demand-Side Dynamics: Electro-Acoustic Products growth in China vs. Toy Industry potential in Japan
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
Japan
South Korea
China
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Permanent Magnetic Materials market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Rare Earth Magnet in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Toy Industry in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Permanent Magnetic Materials value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Permanent Magnetic Materials Product Scope
1.2 Permanent Magnetic Materials by Type
1.2.1 Global Permanent Magnetic Materials Sales by Type (2020 & 2024 & 2031)
1.2.2 Ferrite Magnet
1.2.3 Rare Earth Magnet
1.3 Permanent Magnetic Materials by Application
1.3.1 Global Permanent Magnetic Materials Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Electro-Acoustic Products
1.3.3 Toy Industry
1.3.4 Automotive Industry
1.3.5 Home Appliance Industry
1.3.6 Computer and Office Equipment
1.3.7 Aerospace & Defense
1.3.8 Energy
1.3.9 Medical
1.3.10 Others
1.4 Global Permanent Magnetic Materials Market Estimates and Forecasts (2020-2031)
1.4.1 Global Permanent Magnetic Materials Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Permanent Magnetic Materials Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Permanent Magnetic Materials Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Permanent Magnetic Materials Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Permanent Magnetic Materials Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Permanent Magnetic Materials Sales Market Share by Region (2020-2025)
2.2.2 Global Permanent Magnetic Materials Revenue Market Share by Region (2020-2025)
2.3 Global Permanent Magnetic Materials Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Permanent Magnetic Materials Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Permanent Magnetic Materials Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 Japan Permanent Magnetic Materials Market Size and Prospective (2020-2031)
2.4.2 South Korea Permanent Magnetic Materials Market Size and Prospective (2020-2031)
2.4.3 China Permanent Magnetic Materials Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Permanent Magnetic Materials Historic Market Review by Type (2020-2025)
3.1.1 Global Permanent Magnetic Materials Sales by Type (2020-2025)
3.1.2 Global Permanent Magnetic Materials Revenue by Type (2020-2025)
3.1.3 Global Permanent Magnetic Materials Price by Type (2020-2025)
3.2 Global Permanent Magnetic Materials Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Permanent Magnetic Materials Sales Forecast by Type (2026-2031)
3.2.2 Global Permanent Magnetic Materials Revenue Forecast by Type (2026-2031)
3.2.3 Global Permanent Magnetic Materials Price Forecast by Type (2026-2031)
3.3 Different Types Permanent Magnetic Materials Representative Players
4 Global Market Size by Application
4.1 Global Permanent Magnetic Materials Historic Market Review by Application (2020-2025)
4.1.1 Global Permanent Magnetic Materials Sales by Application (2020-2025)
4.1.2 Global Permanent Magnetic Materials Revenue by Application (2020-2025)
4.1.3 Global Permanent Magnetic Materials Price by Application (2020-2025)
4.2 Global Permanent Magnetic Materials Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Permanent Magnetic Materials Sales Forecast by Application (2026-2031)
4.2.2 Global Permanent Magnetic Materials Revenue Forecast by Application (2026-2031)
4.2.3 Global Permanent Magnetic Materials Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Permanent Magnetic Materials Application
5 Competition Landscape by Players
5.1 Global Permanent Magnetic Materials Sales by Players (2020-2025)
5.2 Global Top Permanent Magnetic Materials Players by Revenue (2020-2025)
5.3 Global Permanent Magnetic Materials Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Permanent Magnetic Materials as of 2024)
5.4 Global Permanent Magnetic Materials Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Permanent Magnetic Materials, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Permanent Magnetic Materials, Product Type & Application
5.7 Global Key Manufacturers of Permanent Magnetic Materials, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 Japan Market: Players, Segments, Downstream and Major Customers
6.1.1 Japan Permanent Magnetic Materials Sales by Company
6.1.1.1 Japan Permanent Magnetic Materials Sales by Company (2020-2025)
6.1.1.2 Japan Permanent Magnetic Materials Revenue by Company (2020-2025)
6.1.2 Japan Permanent Magnetic Materials Sales Breakdown by Type (2020-2025)
6.1.3 Japan Permanent Magnetic Materials Sales Breakdown by Application (2020-2025)
6.1.4 Japan Permanent Magnetic Materials Major Customer
6.1.5 Japan Market Trend and Opportunities
6.2 South Korea Market: Players, Segments, Downstream and Major Customers
6.2.1 South Korea Permanent Magnetic Materials Sales by Company
6.2.1.1 South Korea Permanent Magnetic Materials Sales by Company (2020-2025)
6.2.1.2 South Korea Permanent Magnetic Materials Revenue by Company (2020-2025)
6.2.2 South Korea Permanent Magnetic Materials Sales Breakdown by Type (2020-2025)
6.2.3 South Korea Permanent Magnetic Materials Sales Breakdown by Application (2020-2025)
6.2.4 South Korea Permanent Magnetic Materials Major Customer
6.2.5 South Korea Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Permanent Magnetic Materials Sales by Company
6.3.1.1 China Permanent Magnetic Materials Sales by Company (2020-2025)
6.3.1.2 China Permanent Magnetic Materials Revenue by Company (2020-2025)
6.3.2 China Permanent Magnetic Materials Sales Breakdown by Type (2020-2025)
6.3.3 China Permanent Magnetic Materials Sales Breakdown by Application (2020-2025)
6.3.4 China Permanent Magnetic Materials Major Customer
6.3.5 China Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Proterial
7.1.1 Proterial Company Information
7.1.2 Proterial Business Overview
7.1.3 Proterial Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Proterial Permanent Magnetic Materials Products Offered
7.1.5 Proterial Recent Development
7.2 TDK
7.2.1 TDK Company Information
7.2.2 TDK Business Overview
7.2.3 TDK Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.2.4 TDK Permanent Magnetic Materials Products Offered
7.2.5 TDK Recent Development
7.3 DMEGC
7.3.1 DMEGC Company Information
7.3.2 DMEGC Business Overview
7.3.3 DMEGC Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.3.4 DMEGC Permanent Magnetic Materials Products Offered
7.3.5 DMEGC Recent Development
7.4 Guangdong JPMF
7.4.1 Guangdong JPMF Company Information
7.4.2 Guangdong JPMF Business Overview
7.4.3 Guangdong JPMF Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Guangdong JPMF Permanent Magnetic Materials Products Offered
7.4.5 Guangdong JPMF Recent Development
7.5 Sinomag
7.5.1 Sinomag Company Information
7.5.2 Sinomag Business Overview
7.5.3 Sinomag Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Sinomag Permanent Magnetic Materials Products Offered
7.5.5 Sinomag Recent Development
7.6 Union Materials
7.6.1 Union Materials Company Information
7.6.2 Union Materials Business Overview
7.6.3 Union Materials Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Union Materials Permanent Magnetic Materials Products Offered
7.6.5 Union Materials Recent Development
7.7 Tokyo Ferrite
7.7.1 Tokyo Ferrite Company Information
7.7.2 Tokyo Ferrite Business Overview
7.7.3 Tokyo Ferrite Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Tokyo Ferrite Permanent Magnetic Materials Products Offered
7.7.5 Tokyo Ferrite Recent Development
7.8 BGRIMM Magnetic Materials
7.8.1 BGRIMM Magnetic Materials Company Information
7.8.2 BGRIMM Magnetic Materials Business Overview
7.8.3 BGRIMM Magnetic Materials Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.8.4 BGRIMM Magnetic Materials Permanent Magnetic Materials Products Offered
7.8.5 BGRIMM Magnetic Materials Recent Development
7.9 Hunan Aerospace Magnet &Magneto
7.9.1 Hunan Aerospace Magnet &Magneto Company Information
7.9.2 Hunan Aerospace Magnet &Magneto Business Overview
7.9.3 Hunan Aerospace Magnet &Magneto Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Hunan Aerospace Magnet &Magneto Permanent Magnetic Materials Products Offered
7.9.5 Hunan Aerospace Magnet &Magneto Recent Development
7.10 Zhejiang Kaiven Magnet
7.10.1 Zhejiang Kaiven Magnet Company Information
7.10.2 Zhejiang Kaiven Magnet Business Overview
7.10.3 Zhejiang Kaiven Magnet Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Zhejiang Kaiven Magnet Permanent Magnetic Materials Products Offered
7.10.5 Zhejiang Kaiven Magnet Recent Development
7.11 Guangzhou Golden South
7.11.1 Guangzhou Golden South Company Information
7.11.2 Guangzhou Golden South Business Overview
7.11.3 Guangzhou Golden South Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Guangzhou Golden South Permanent Magnetic Materials Products Offered
7.11.5 Guangzhou Golden South Recent Development
7.12 Shunde Baling Group
7.12.1 Shunde Baling Group Company Information
7.12.2 Shunde Baling Group Business Overview
7.12.3 Shunde Baling Group Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Shunde Baling Group Permanent Magnetic Materials Products Offered
7.12.5 Shunde Baling Group Recent Development
7.13 Meizhou Magnetic Materials
7.13.1 Meizhou Magnetic Materials Company Information
7.13.2 Meizhou Magnetic Materials Business Overview
7.13.3 Meizhou Magnetic Materials Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Meizhou Magnetic Materials Permanent Magnetic Materials Products Offered
7.13.5 Meizhou Magnetic Materials Recent Development
7.14 Shin-Etsu
7.14.1 Shin-Etsu Company Information
7.14.2 Shin-Etsu Business Overview
7.14.3 Shin-Etsu Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Shin-Etsu Permanent Magnetic Materials Products Offered
7.14.5 Shin-Etsu Recent Development
7.15 Beijing Zhong Ke San Huan Hi-Tech
7.15.1 Beijing Zhong Ke San Huan Hi-Tech Company Information
7.15.2 Beijing Zhong Ke San Huan Hi-Tech Business Overview
7.15.3 Beijing Zhong Ke San Huan Hi-Tech Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Beijing Zhong Ke San Huan Hi-Tech Permanent Magnetic Materials Products Offered
7.15.5 Beijing Zhong Ke San Huan Hi-Tech Recent Development
7.16 JL MAG Rare-Earth
7.16.1 JL MAG Rare-Earth Company Information
7.16.2 JL MAG Rare-Earth Business Overview
7.16.3 JL MAG Rare-Earth Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.16.4 JL MAG Rare-Earth Permanent Magnetic Materials Products Offered
7.16.5 JL MAG Rare-Earth Recent Development
7.17 Yunsheng Company
7.17.1 Yunsheng Company Company Information
7.17.2 Yunsheng Company Business Overview
7.17.3 Yunsheng Company Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.17.4 Yunsheng Company Permanent Magnetic Materials Products Offered
7.17.5 Yunsheng Company Recent Development
7.18 Zhenghai Magnetics
7.18.1 Zhenghai Magnetics Company Information
7.18.2 Zhenghai Magnetics Business Overview
7.18.3 Zhenghai Magnetics Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.18.4 Zhenghai Magnetics Permanent Magnetic Materials Products Offered
7.18.5 Zhenghai Magnetics Recent Development
7.19 Earth-Panda Magnet
7.19.1 Earth-Panda Magnet Company Information
7.19.2 Earth-Panda Magnet Business Overview
7.19.3 Earth-Panda Magnet Permanent Magnetic Materials Sales, Revenue and Gross Margin (2020-2025)
7.19.4 Earth-Panda Magnet Permanent Magnetic Materials Products Offered
7.19.5 Earth-Panda Magnet Recent Development
8 Permanent Magnetic Materials Manufacturing Cost Analysis
8.1 Permanent Magnetic Materials Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Permanent Magnetic Materials
8.4 Permanent Magnetic Materials Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Permanent Magnetic Materials Distributors List
9.3 Permanent Magnetic Materials Customers
10 Permanent Magnetic Materials Market Dynamics
10.1 Permanent Magnetic Materials Industry Trends
10.2 Permanent Magnetic Materials Market Drivers
10.3 Permanent Magnetic Materials Market Challenges
10.4 Permanent Magnetic Materials Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
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
Ìý
Ìý
*If Applicable.
