Magnet Market Global Size, Share Growth, Innovations, and Trends Outlook to 2032 | Stahl Holdings B.V. (Netherlands), LANXESS (Germany), Bayer AG (Germany)

Magnet Market Analysis - 2025-2032:

Coherent Market Insights has released a new report titled "Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032 (Version 2025)." This report provides an in-depth analysis of the Magnet industry, featuring insights on market trends and performance. It also includes a thorough examination of competitors, regional dynamics, and the latest advancements within the market.

Coverage of the Magnet Market:

The report provides market size (2020-2032) Value (US$ Mn), Y-o-Y % growth rate, and forecast (2025-2032), CAGR % for all the segments and sub-segments wherein:

• 𝟐𝟎𝟐𝟎-𝟐𝟎𝟐𝟑: 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜 𝐘𝐞𝐚𝐫,
• 𝟐𝟎𝟐𝟒: 𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫,
• 𝟐𝟎𝟐𝟓: 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐘𝐞𝐚𝐫,
• 𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟐: 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐏𝐞𝐫𝐢𝐨𝐝.

The latest version of the report (Version 2025) provides analysis through various business metrics including:

• Bulls Eye Analysis
• Coherent Opportunity Map
• Wheel of Fortune
• Market Attractive Analysis, by Product type
• Market Attractive Analysis, by Country
• Pestle Analysis
• 4 Ps (Product, Price, Place, and Promotion)
• Porters Analysis
• SWOT Analysis
• Competitive Landscape
o Company Market Share Analysis (US$ Mn)

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📈 Key Trends prevalent in the Magnet Market include 📈

➨ Increased Demand for Electric Vehicles (EVs): The rise in electric vehicle production is significantly boosting the demand for magnets, especially permanent magnets used in electric motors. These magnets, primarily made from rare-earth metals like neodymium, are critical in EV motors due to their high energy density and efficiency. As the EV market continues to grow, the need for high-performance magnets is expected to rise.

➨ Growth of Renewable Energy Sector: The expansion of renewable energy systems, particularly wind power, is driving the demand for magnets. Wind turbines require large permanent magnets for generators, especially in direct-drive systems. As global investments in clean energy increase, the magnet market is seeing substantial growth in the wind energy sector, alongside solar energy applications.

➨ Technological Advancements in Magnetic Materials: Research into new and improved magnetic materials is progressing, with innovations like high-performance rare-earth magnets, including neodymium and samarium-cobalt magnets. These advancements are leading to stronger, more efficient magnets that are smaller in size and more durable, making them ideal for use in industries such as electronics, automotive, and energy.

➨ Miniaturization and Integration in Consumer Electronics: As consumer electronics like smartphones, wearables, and laptops become smaller and more compact, there is a growing demand for miniaturized magnets that provide high performance in a small form factor. These magnets are used in various applications such as speakers, vibration motors, sensors, and microactuators, driving innovation in the electronics sector.

➨ Magnet Recycling and Sustainability: The magnet industry is increasingly focusing on recycling rare-earth metals from used magnets to reduce environmental impact and reliance on mining. With concerns over the sustainability of mining rare-earth metals, companies are investing in recycling technologies to reclaim valuable materials from obsolete electronic devices, automotive components, and wind turbine generators.

➨ Use of Magnets in Healthcare: Magnets are playing a growing role in healthcare applications, particularly in magnetic resonance imaging (MRI) systems. The demand for stronger and more efficient magnets is rising as the healthcare industry continues to invest in advanced diagnostic equipment. Additionally, there is increasing interest in magnetic therapies, which are believed to have potential health benefits.

➨ Rising Demand in Robotics and Automation: As industries adopt automation and robotics, the demand for magnets in motors, actuators, and sensors is increasing. High-performance magnets are essential for enabling the precise motion and control required in robotic systems, particularly in industrial automation, manufacturing, and material handling.

Key players analysed in the industry report include:

• 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)

Geographical Landscape of the Magnet Market:

The Magnet Market report offers detailed insights into the market landscape, which is further categorized into sub-regions and specific countries. This section of the report not only highlights the market share for each country and sub-region but also identifies potential profit opportunities within these areas.

» North America (United States, Canada, and Mexico)
» Europe (Germany, France, UK, Russia, Italy)
» Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
» Latin America (Brazil, Argentina, Colombia)
» Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Key Benefits of Acquiring This Report for Stakeholders:

⏩ This study offers a thorough analysis of current trends, forecasts, and market size dynamics in the Magnet Market from 2025 to 2032, helping to pinpoint the most promising opportunities.
⏩ Porter's Five Forces analysis highlights the influence of buyers and suppliers, empowering stakeholders to make informed business decisions and enhance their supplier-buyer networks.
⏩ Comprehensive research on market size and segmentation enables the identification of existing opportunities within the Magnet Market.
⏩ The report maps out the leading countries in each region based on their contribution to market revenue.
⏩ An extensive analysis of the top competitors in the Magnet Market is provided, offering valuable insights into the competitive landscape.

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Reasons to Purchase the Report

👉 Strategic Competitor Insights: Gain critical information and analysis on key competitors to develop effective sales and marketing strategies.
👉 Identify Emerging Players: Discover new entrants with promising product portfolios and formulate counter-strategies to enhance your competitive edge.
👉 Target Client Identification: Classify potential new clients or partners within your target demographic for better market penetration.
👉 Tactical Initiative Development: Understand the focal areas of leading companies to craft informed tactical initiatives.
👉 Mergers and Acquisitions Planning: Make strategic decisions regarding mergers and acquisitions by pinpointing top manufacturers in the market.
👉 Licensing Strategy Development: Identify prospective partners with attractive projects to create robust in-licensing and out-licensing strategies, thereby enhancing business potential.
👉 Support for Presentations: Utilize reliable, high-quality data and analysis to strengthen your internal and external presentations.

This report provides actionable growth insights through a comprehensive analysis that includes secondary research, primary interviews with industry stakeholders and competitors, as well as validation and triangulation using the Coherent Market Insights regional database. Experts have meticulously compiled primary data from market participants across the value chain in all regions, along with insights from industry specialists, to deliver both qualitative and quantitative findings.

𝐅𝐀𝐐'𝐬

Q.1 What are the main factors influencing the Magnet market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market's opportunities, risks, and general structure?
Q.4 Which of the top Magnet Market companies compare in terms of sales, revenue, and prices?
Q.5 How are market types and applications and deals, revenue, and value explored?
Q.6 What does a business area's assessment of agreements, income, and value implicate?

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞: 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 𝐟𝐨𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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Author of this marketing PR:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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