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2026-07-03 07:06:01 -

Permanent Magnets Market Growing from US$ 35.94 Billion to US$ 58.12 Billion by 2033

Global trends toward vehicle electrification, renewable energy deployment, smart manufacturing, and digital transformation are driving the evolution of the magnetic materials industry. According to Business Market Insights, the global Magnetic Materials Market is projected to grow steadily, reaching US$ 58.12 billion by 2033 from US$ 35.94 billion in 2025. The market is expected to record a...

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