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Hard Ferrite Magnets Market is expected to reach US$ 3.7 billion by 2031 | Major Companies - ESSEN Magnets, Dexter Magnetic Technologies, JPMF Guangdong Co., Ltd., Eclipse Magnetics.

01-19-2026 10:22 AM CET | Chemicals & Materials

Press release from: DataM Intelligence 4Market Research

Hard Ferrite Magnets Market

Hard Ferrite Magnets Market

Market Size and Growth:

The Global Hard Ferrite Magnets Market size reached US$ 2.9 billion in 2023 and is expected to reach US$ 3.7 billion by 2031, growing with a CAGR of 3.3% during the forecast period 2024-2031.

The Hard Ferrite Magnets Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Hard Ferrite Magnets Market refers to the global industry involved in the production, distribution, and application of ceramic-based permanent magnets made from iron oxide and barium or strontium. These cost-effective, corrosion-resistant magnets are widely used in motors, loudspeakers, sensors, automotive systems, and consumer electronics due to their stable magnetic performance.

Recent Key Developments of United States:

✅ December 2025: Regulatory incentives boosted adoption of hard ferrite magnets in industrial automation, with new standards promoting their use in sensors and magnetic separators for sustainable manufacturing. Market analysts noted a surge in domestic sourcing.

✅ November 2025: A key partnership formed between US firms and automotive suppliers to integrate high-temperature stable hard ferrite magnets into hybrid vehicle components, driven by supply chain diversification efforts. This addressed vulnerabilities in rare-earth dependencies.

✅ October 2025: US manufacturers expanded production capacities for hard ferrite magnets to meet rising demand in electric vehicle motors and renewable energy systems, focusing on cost-effective alternatives to rare-earth magnets. Industry reports highlighted investments in automated sintering lines to improve output efficiency.

Recent Key Developments of Japan:

✅ December 2025: TDK introduced large ferrite cores optimized for industrial motors, EV charging, and renewable energy, emphasizing higher power efficiency. Demand grew from automation and non-rare-earth magnet applications.

✅ November 2025: TDK Corporation expanded its ferrite magnet production line with advanced equipment for automotive and electronics applications, reducing cycle times and improving reliability. This catered to high-volume, temperature-sensitive needs.

✅ October 2025: Japanese producers advanced sintering techniques for hard ferrite magnets, enhancing magnetic performance for smart appliances and auxiliary EV systems. Government strategies supported critical mineral supply chains, benefiting the sector.

List of the Key Players in the Hard Ferrite Magnets Market:

Arnold Magnetic Technologies Corporation
Dailymag
ESSEN Magnets
Dexter Magnetic Technologies
JPMF Guangdong Co., Ltd.
DMEGC Magnetics
Eclipse Magnetics
Standex Electronics, Inc.
Adams Magnetic Products Co.
STEELMAG INTERNATIONAL

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/hard-ferrite-magnets-market?sz

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Hard Ferrite Magnets Market:

By Type: Sintered Ferrite Magnet, Bonded Ferrite Magnet.

By Application: Electro-Acoustic Products, Toy and Games, Automotive Industry, Home Appliance Industry, Computer and Office Equipment, Others.

By End-User: Automotive, Electrical and Electronics, Power Generation, Healthcare, Toy Industry, Mining and Heavy Machinery, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Looking For Full Report? Get it Here: https://www.datamintelligence.com/buy-now-page?report=hard-ferrite-magnets-market

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Hard Ferrite Magnets market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Hard Ferrite Magnets Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Hard Ferrite Magnets market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Hard Ferrite Magnets Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

◆ How big is the Hard Ferrite Magnets Market in 2025?
◆ What is the projected growth rate of the Hard Ferrite Magnets Market through 2033?
◆ Who are the key players in the Hard Ferrite Magnets Market?
◆ Which region is expected to dominate the industry during the forecast period?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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