This Magnet Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the market which was USD 22.23 billion in 2022, would rocket up to USD 38.09 billion by 2030, and is expected to undergo a CAGR of 6.96% during the forecast period of 2023 to 2030. 

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Market Overview:

The development and modernization of infrastructure across the globe act as one of the major factors driving the growth of the global Magnet Market. The rise in demand for efficiency and miniaturization and in demand for the permanent magnet in various industries, including consumer goods and electronics industry, where these products are widely used in numerous applications, such as smartphones and personal electronics, accelerate the market growth. The surge in initiatives taken by associations and regulatory bodies and the high production rate of consumer electronics further influence the market.

Some of the major players operating in the Magnet Market are BASF SE (Germany), TFL Ledertechnik GmbH & Co.KG (Germany), Stahl Holdings B.V. (Netherlands), LANXESS (Germany), Bayer AG (Germany), Clariant International Ltd (Switzerland), Heim Leather Chem GmbH (Germany), DyStar Singapore Pte Ltd. (Singapore), Knox Lawrence International LLC (U.S.), Pidilite Industries Ltd. (India), Elementis (United Kingdom), SCHILL+SEILACHER GMBH (Germany), DuPont (U.S.), Eastman Chemical Company (U.S.), Solvay S.A. (Belgium), Asahi Kasei (Japan), Evonik Industries (Germany), SABIC (Saudi Arabia), Arkema (France), ANGUS Chemical Company (U.S.), and Corbion (Netherlands) among others.

Global Magnet Market Scope

The global magnet market is segmented on the basis of type, and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

· Neodymium Iron Boron Magnet

· Ferrite Magnet

· Samarium Cobalt Magnet

· Alnico Magnet

· Others

End-Use Industry

· Consumer Electronics

· General Industrial

· Automotive

· Medical Technology

· Environment and Energy

· Aerospace and Defense

· Others

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Magnet Market Landscape

Part 04: Global Magnet Market Sizing

Part 05: Global Magnet Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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