Alnico Permanent Magnet Market Outlook (2021-2031)

The Alnico Permanent Magnet Market size was valued at US$ 640.53 Mn in 2024 and is projected to reach US$ 1,137.02 Mn by 2031, growing at a CAGR of 8.54% during 2025 - 2031.

Report Coverage

Type: Cast Alnico, Sintered Alnico, Others
Application: Electronics, Automotive, Aerospace, Energy, Others

US$ 640.53 Mn Market size in 2024

US$ 1,137.02 Mn Market Size by 2031

8.54% CAGR, 2025 - 2031

2025-2031 Forecast Period

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Format PDF + Excel + PPT

No. of Pages: 200

Category Chemicals and Materials

Report Code: BMIPUB00031699

Last Updated: 2026-05-26

Author

Suraj Sajeev

Manager Connect

1. Introduction

1.1 Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research

3.2 Primary Research

3.2.1 Data Triangulation and Validation

4. Alnico Permanent Magnet Market Landscape

4.1 Overview

4.3 Ecosystem Analysis

4.3.1 List of Vendors in the Value Chain

5. Alnico Permanent Magnet Market – Key Market Dynamics

5.1 Market Drivers

5.2 Market Restraints

5.3 Market Opportunities

5.4 Future Trends

5.5 Impact of Drivers and Restraints

6. Alnico Permanent Magnet Market Global Analysis

6.2 Alnico Permanent Magnet Market Revenue 2021-2031 (US$ Million)

6.3 Alnico Permanent Magnet Market Forecast Analysis

7. Alnico Permanent Magnet Market Analysis – by Type

7.1 Cast Alnico

7.1.1 Overview
7.1.2 Cast Alnico: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

7.2 Sintered Alnico

7.2.1 Overview
7.2.2 Sintered Alnico: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

7.3 Others

7.3.1 Overview
7.3.2 Others: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

8. Alnico Permanent Magnet Market Analysis – by Application

8.1 Electronics

8.1.1 Overview
8.1.2 Electronics: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

8.2 Automotive

8.2.1 Overview
8.2.2 Automotive: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

8.3 Aerospace

8.3.1 Overview
8.3.2 Aerospace: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

8.4 Energy

8.4.1 Overview
8.4.2 Energy: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

8.5 Others

8.5.1 Overview
8.5.2 Others: Alnico Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)

9. Alnico Permanent Magnet Market – Geographic Analysis

9.1 Overview

9.2 North America

9.2.1 Alnico Permanent Magnet Market Breakdown, by Key Country, 2025 and 2031 (%)
9.2.1.1 Alnico Permanent Magnet Market – Revenue and Forecast Analysis – by Country
9.2.1.1 US: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.2.1.1.1 US: Alnico Permanent Magnet Market Breakdown, by Type
9.2.1.1.2 US: Alnico Permanent Magnet Market Breakdown, by Application

9.2.1.2 Canada: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.2.1.2.1 Canada: Alnico Permanent Magnet Market Breakdown, by Type
9.2.1.2.2 Canada: Alnico Permanent Magnet Market Breakdown, by Application

9.2.1.3 Mexico : Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.2.1.3.1 Mexico : Alnico Permanent Magnet Market Breakdown, by Type
9.2.1.3.2 Mexico : Alnico Permanent Magnet Market Breakdown, by Application

9.3 Europe

9.3.1 Alnico Permanent Magnet Market Breakdown, by Key Country, 2025 and 2031 (%)
9.3.1.1 Alnico Permanent Magnet Market – Revenue and Forecast Analysis – by Country
9.3.1.1 Germany: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.1.1 Germany: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.1.2 Germany: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.2 Italy: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.2.1 Italy: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.2.2 Italy: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.3 France: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.3.1 France: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.3.2 France: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.4 U.K.: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.4.1 U.K.: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.4.2 U.K.: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.5 Spain: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.5.1 Spain: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.5.2 Spain: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.6 Belgium: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.6.1 Belgium: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.6.2 Belgium: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.7 Netherlands: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.7.1 Netherlands: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.7.2 Netherlands: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.8 Luxembourg: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.8.1 Luxembourg: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.8.2 Luxembourg: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.9 Norway: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.9.1 Norway: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.9.2 Norway: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.10 Finland: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.10.1 Finland: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.10.2 Finland: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.11 Denmark: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.11.1 Denmark: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.11.2 Denmark: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.12 Sweden: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.12.1 Sweden: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.12.2 Sweden: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.13 Switzerland: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.13.1 Switzerland: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.13.2 Switzerland: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.14 Austria: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.14.1 Austria: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.14.2 Austria: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.15 Greece: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.15.1 Greece: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.15.2 Greece: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.16 Portugal: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.16.1 Portugal: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.16.2 Portugal: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.17 Russia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.17.1 Russia: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.17.2 Russia: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.18 Poland: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.18.1 Poland: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.18.2 Poland: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.19 Romania: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.19.1 Romania: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.19.2 Romania: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.20 Czech Republic: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.20.1 Czech Republic: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.20.2 Czech Republic: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.21 Ukraine: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.21.1 Ukraine: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.21.2 Ukraine: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.22 Slovakia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.22.1 Slovakia: Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.22.2 Slovakia: Alnico Permanent Magnet Market Breakdown, by Application

9.3.1.23 Bulgaria : Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.3.1.23.1 Bulgaria : Alnico Permanent Magnet Market Breakdown, by Type
9.3.1.23.2 Bulgaria : Alnico Permanent Magnet Market Breakdown, by Application

9.4 Asia-Pacific

9.4.1 Alnico Permanent Magnet Market Breakdown, by Key Country, 2025 and 2031 (%)
9.4.1.1 Alnico Permanent Magnet Market – Revenue and Forecast Analysis – by Country
9.4.1.1 China: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.1.1 China: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.1.2 China: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.2 Japan: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.2.1 Japan: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.2.2 Japan: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.3 South Korea: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.3.1 South Korea: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.3.2 South Korea: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.4 India: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.4.1 India: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.4.2 India: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.5 Australia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.5.1 Australia: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.5.2 Australia: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.6 New Zealand: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.6.1 New Zealand: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.6.2 New Zealand: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.7 Indonesia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.7.1 Indonesia: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.7.2 Indonesia: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.8 Malaysia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.8.1 Malaysia: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.8.2 Malaysia: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.9 Philippines: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.9.1 Philippines: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.9.2 Philippines: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.10 Singapore: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.10.1 Singapore: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.10.2 Singapore: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.11 Thailand: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.11.1 Thailand: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.11.2 Thailand: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.12 Vietnam: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.12.1 Vietnam: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.12.2 Vietnam: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.13 Taiwan: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.13.1 Taiwan: Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.13.2 Taiwan: Alnico Permanent Magnet Market Breakdown, by Application

9.4.1.14 Bangladesh : Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.4.1.14.1 Bangladesh : Alnico Permanent Magnet Market Breakdown, by Type
9.4.1.14.2 Bangladesh : Alnico Permanent Magnet Market Breakdown, by Application

9.5 South and Central America

9.5.1 Alnico Permanent Magnet Market Breakdown, by Key Country, 2025 and 2031 (%)
9.5.1.1 Alnico Permanent Magnet Market – Revenue and Forecast Analysis – by Country
9.5.1.1 Brazil: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.5.1.1.1 Brazil: Alnico Permanent Magnet Market Breakdown, by Type
9.5.1.1.2 Brazil: Alnico Permanent Magnet Market Breakdown, by Application

9.5.1.2 Argentina: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.5.1.2.1 Argentina: Alnico Permanent Magnet Market Breakdown, by Type
9.5.1.2.2 Argentina: Alnico Permanent Magnet Market Breakdown, by Application

9.5.1.3 Chile: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.5.1.3.1 Chile: Alnico Permanent Magnet Market Breakdown, by Type
9.5.1.3.2 Chile: Alnico Permanent Magnet Market Breakdown, by Application

9.5.1.4 Colombia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.5.1.4.1 Colombia: Alnico Permanent Magnet Market Breakdown, by Type
9.5.1.4.2 Colombia: Alnico Permanent Magnet Market Breakdown, by Application

9.5.1.5 Peru : Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.5.1.5.1 Peru : Alnico Permanent Magnet Market Breakdown, by Type
9.5.1.5.2 Peru : Alnico Permanent Magnet Market Breakdown, by Application

9.6 Middle East and Africa

9.6.1 Alnico Permanent Magnet Market Breakdown, by Key Country, 2025 and 2031 (%)
9.6.1.1 Alnico Permanent Magnet Market – Revenue and Forecast Analysis – by Country
9.6.1.1 Saudi Arabia: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.1.1 Saudi Arabia: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.1.2 Saudi Arabia: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.2 United Arab Emirates: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.2.1 United Arab Emirates: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.2.2 United Arab Emirates: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.3 Kuwait: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.3.1 Kuwait: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.3.2 Kuwait: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.4 Bahrain: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.4.1 Bahrain: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.4.2 Bahrain: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.5 Qatar: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.5.1 Qatar: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.5.2 Qatar: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.6 Oman: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.6.1 Oman: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.6.2 Oman: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.7 Turkiye: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.7.1 Turkiye: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.7.2 Turkiye: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.8 South Africa: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.8.1 South Africa: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.8.2 South Africa: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.9 Egypt: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.9.1 Egypt: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.9.2 Egypt: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.10 Nigeria: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.10.1 Nigeria: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.10.2 Nigeria: Alnico Permanent Magnet Market Breakdown, by Application

9.6.1.11 Algeria: Alnico Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)

9.6.1.11.1 Algeria: Alnico Permanent Magnet Market Breakdown, by Type
9.6.1.11.2 Algeria: Alnico Permanent Magnet Market Breakdown, by Application

10. Competitive Landscape

10.1 Heat Map Analysis

10.2 Company Positioning and Concentration

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Partnerships and Collaborations

11.4 Other Developments

12. Company Profiles

12.1 Arnold Magnetic Technologies Corporation

12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments

12.2 Adams Magnetic Products Co.

12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments

12.3 Electron Energy Corporation

12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments

12.4 Bunting Magnetics Co.

12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments

12.5 Proterial, Ltd.

12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments

12.6 Shin-Etsu Chemical Co., Ltd.

12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments

12.7 Ningbo Yunsheng Co., Ltd.

12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments

12.8 Eclipse Magnetics Ltd.

12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments

12.9 VACUUMSCHMELZE GmbH & Co. KG

12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments

12.10 Dura Magnetics, Inc.

12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix

13.1 About Business Market Insights

13.2 List of Abbreviations

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