Ferrite Magnet Market Share, Price, Analysis, Report 2025 - 2033
The global ferrite magnet market was valued at USD 7.0 Billion in 2024, and is projected to reach USD 9.3 Billion by 2033, growing at a CAGR of 2.95% from 2025 to 2033, according to IMARC Group. This steady growth is fueled by the expanding demand for consumer electronics, the increasing shift towards renewable energy to minimize carbon emissions, and the rising use of electric vehicles (EVs) for greener transportation.
https://www.imarcgroup.com/fer....rite-magnet-powder-m