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2026-02-20 17:56:18 -

Advanced Magnetic Materials Market Forecast 2026-2028, Industry Growth Drivers, Competitive Landscape, and Future Outlook

The advanced magnetic materials market is projected to grow from USD 24.2 billion in 2023 to USD 38.2 billion by 2028, at a CAGR of 9.5% during the forecast period. The prices of advanced magnets depend on the composition of magnets and raw materials used in their manufacturing. Raw ingredients required in the production of advanced magnets are aluminum, iron, cobalt, nickel, and...

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