The global magnet market is projected to reach approximately USD 55.3 billion by 2033, up from USD 34.7 billion in 2023, representing a compound annual growth rate (CAGR) of 5.02% during the forecast period from 2023 to 2033..
The global magnet market has been witnessing substantial growth, driven by increasing demand across a wide range of industries. Magnets, essential for...