openPR Logo
Press release

Eastern Europe Permanent Magnet Market Regional Analysis and Industry Growth by Forecast to 2031

03-24-2025 04:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Business Market Insights

Eastern Europe Permanent Magnet Market Regional Analysis

The Eastern Europe Permanent Magnet Market size is expected to reach US$ 267.13 million by 2031 from US$ 204.83 million in 2024. The market is estimated to record a CAGR of 8.1% from 2025 to 2031.

Get Full Report: https://www.businessmarketinsights.com/reports/eastern-europe-permanent-magnet-market

Executive Summary and Eastern Europe Permanent Magnet Market Analysis
The demand for permanent magnets in Eastern Europe is experiencing significant growth, driven by advancements in key industries such as automotive, renewable energy, and electronics. Countries like Poland, the Czech Republic, and Hungary are emerging as major players in the electric vehicle (EV) sector, with increasing production of EVs and hybrid vehicles. This transition toward electric mobility is fueling the demand for high-performance neodymium-iron-boron (NdFeB) magnets, which are essential for EV motors.

Additionally, the renewable energy sector-particularly wind energy-is propelling Eastern Europe Permanent Magnet Market growth. Nations like Poland and Romania are investing heavily in wind farms to meet EU renewable energy targets, further driving demand for permanent magnets, which play a critical role in wind turbine generators.

Eastern Europe Permanent Magnet Market Outlook

Technological advancements in alloy composition have improved the temperature stability of magnets, making them more reliable in demanding environments. For instance, the addition of dysprosium and terbium to NdFeB magnets enhances their resistance to demagnetization at high temperatures-crucial for applications in EV motors and wind turbines that require consistent performance across varying operating conditions.

Sustainability and recycling initiatives are also gaining momentum, with increasing efforts to recover rare earth materials from used magnets. This mitigates environmental concerns and reduces supply chain risks associated with rare earth mining. Furthermore, interest in alternative magnet materials-such as iron-nitride and cobalt-iron alloys-is growing due to their promising magnetic properties, greater abundance, and eco-friendliness.

Innovations in 3D printing and advanced coating techniques are enhancing magnet geometry precision and surface properties, leading to improved durability and efficiency. These technological advancements are driving down production costs, expanding applications, and contributing to a more sustainable future for industries dependent on permanent magnets.

Eastern Europe Permanent Magnet Market Segments Covered

Eastern Europe Permanent Magnet Market By Type

Neodymium-Iron-Boron
Ferrite
Samarium Cobalt
Alnico

Eastern Europe Permanent Magnet Market By Application

Consumer Electronics
Automotive
Aerospace and Defense
Medical
Industrial Machinery
Energy

Eastern Europe Permanent Magnet Market Company Profiles

Hitachi Ltd
Shin-Etsu Chemical Co Ltd
TDK Corp
Arnold Magnetic Technologies.
Galaxymagnets
Goudsmit Magnetics
Electron Energy Corporation
Dexter Magnetic Technologies
Adams Magnetic Products, LLC
NINGBO YUNSHENG co., Ltd

are among the key players operating in the Eastern Europe Permanent Magnet Market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.

Eastern Europe Permanent Magnet Market: Country Insights

The Eastern European permanent magnet market is segmented by country, including the Russian Federation, Türkiye, Poland, Ukraine, Romania, and Greece. In 2024, the Russian Federation held the largest market share.

Russia's aerospace industry is a key contributor to market growth, with rising investments in aircraft manufacturing. The country boasts a strong portfolio of internationally competitive military aircraft, such as the MiG-29 and Su-27. In line with its strategy to boost domestic production, the Russian government announced a $14.5 million investment in the aviation sector in June 2022. This initiative is expected to strengthen the country's aircraft manufacturing capabilities and create new opportunities for the permanent magnet market in Russia.

Other Reports:

Europe Security Advisory Services Market: https://sites.google.com/view/advisory-services-market1/home

Europe POS Software Market: https://penzu.com/p/aea1c9df52ed7a3a

Europe Pharmaceutical Drug Delivery Market: https://postyourarticle.com/europe-pharmaceutical-drug-delivery-market-emerging-technologies-and-growth-by-forecast-to-2027/ 

Europe Nuclear Decommissioning Service Market: https://businessnews46.wordpress.com/2025/03/20/europe-nuclear-decommissioning-service-market-regional-analysis-by-key-players-by-2027/

Europe Liquid Biopsy Market: https://justpaste.it/are27

Europe Pharmaceutical Continuous Manufacturing Market: https://business-news-insights.blogspot.com/2025/03/europe-pharmaceutical-continuous.html

Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Ankit Mathur
Phone: +16467917070
Email: sales@businessmarketinsights.com

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Eastern Europe Permanent Magnet Market Regional Analysis and Industry Growth by Forecast to 2031 here

News-ID: 3933730 • Views:

More Releases from Business Market Insights

North America Tissue Engineering Market - Demand of The Report & In-depth Method …
The "North America Tissue Engineering Market" forecast 2028 report analyses the present and future competitive scenario of the analytics industry. North America Tissue Engineering Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market,
North America Thermoplastic Vulcanizate Market : Recent Discoveries and Innovati …
The "North America Thermoplastic Vulcanizate Market" forecast 2031 report analyses the present and future competitive scenario of the analytics industry. North America Thermoplastic Vulcanizate Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market,
North America Thermal Scanners Market - Strategic Developments & Key Insights
The "North America Thermal Scanners Market" forecast 2018 report analyses the present and future competitive scenario of the analytics industry. North America Thermal Scanners Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market,
North America Commercial Refrigeration Market -Scope & Research Methodology
The "North America Commercial Refrigeration Market" forecast 2030 report analyses the present and future competitive scenario of the analytics industry. North America Commercial Refrigeration Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market,

All 5 Releases


More Releases for Europe

2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business. A new report as a Digital Strategy Consulting market that includes a comprehensive analysis
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • McKinsey • The Boston Consulting Group • Bain & Company • Booz & Co. • Roland Berger Europe • Oliver Wyman Europe • A.T. Kearney Europe • Deloitte • Accenture Europe Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB Market segment by Type, the product can be split into • Operations Consultants • Business Strategy Consultants • Investment Consultants • Sales and
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage. The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China. In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This