BRICS Permanent Magnet Market Outlook (2021-2031)
The BRICS Permanent Magnet Market size was valued at US$ 15,855.78 Mn in 2024 and is projected to reach US$ 30,476.70 Mn by 2031, growing at a CAGR of 10.6% during 2025 - 2031.
Report Coverage
- Type: Neodymium-Iron-Boron, Ferrite, Samarium Cobalt, Alnico
- Application: Consumer Electronics, Automotive, Aerospace and Defense, Medical, Industrial Machinery, Energy
US$ 15,855.78 Mn
Market size in 2024
US$ 30,476.70 Mn
Market Size by 2031
10.6%
CAGR, 2025 - 2031
2025-2031
Forecast Period
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. BRICS Permanent Magnet Market Landscape
4.1 Overview
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. BRICS 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. BRICS Permanent Magnet Market Regional Analysis
6.2 BRICS Permanent Magnet Market Revenue 2021-2031 (US$ Million)
6.3 BRICS Permanent Magnet Market Forecast Analysis
7. BRICS Permanent Magnet Market Analysis – by Type
7.1 Neodymium-Iron-Boron
- 7.1.1 Overview
- 7.1.2 Neodymium-Iron-Boron: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Ferrite
- 7.2.1 Overview
- 7.2.2 Ferrite: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Samarium Cobalt
- 7.3.1 Overview
- 7.3.2 Samarium Cobalt: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Alnico
- 7.4.1 Overview
- 7.4.2 Alnico: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
8. BRICS Permanent Magnet Market Analysis – by Application
8.1 Consumer Electronics
- 8.1.1 Overview
- 8.1.2 Consumer Electronics: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Automotive
- 8.2.1 Overview
- 8.2.2 Automotive: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Aerospace and Defense
- 8.3.1 Overview
- 8.3.2 Aerospace and Defense: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Medical
- 8.4.1 Overview
- 8.4.2 Medical: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.5 Industrial Machinery
- 8.5.1 Overview
- 8.5.2 Industrial Machinery: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.6 Energy
- 8.6.1 Overview
- 8.6.2 Energy: BRICS Permanent Magnet Market – Revenue and Forecast, 2021-2031 (US$ Million)
9. BRICS Permanent Magnet Market – BRICS Analysis
9.1 Overview
9.2 BRICS- 9.2.1 BRICS Permanent Magnet Market Breakdown, by Key Country, 2025 and 2031 (%)
- 9.2.1.1 BRICS Permanent Magnet Market – Revenue and Forecast Analysis – by Country
- 9.2.1.1 Brazil: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.1.1 Brazil: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.1.2 Brazil: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.2 China: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.2.1 China: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.2.2 China: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.3 India: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.3.1 India: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.3.2 India: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.4 Russia: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.4.1 Russia: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.4.2 Russia: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.5 South Africa: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.5.1 South Africa: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.5.2 South Africa: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.6 Egypt: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.6.1 Egypt: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.6.2 Egypt: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.7 Indonesia: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.7.1 Indonesia: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.7.2 Indonesia: BRICS Permanent Magnet Market Breakdown, by Application
- 9.2.1.8 United Arab Emirates: BRICS Permanent Magnet Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2.1.8.1 United Arab Emirates: BRICS Permanent Magnet Market Breakdown, by Type
- 9.2.1.8.2 United Arab Emirates: BRICS 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 Shin-Etsu Chemical
- 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 Hitachi Metals
- 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 Toyota Tsusho 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 General Electric
- 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 TDK Corp
- 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 Armold Magnetic technologies
- 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 Galaxy Magnets
- 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 Goudsmit Magnetics
- 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 Electron Energy Corporation
- 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 Dexter Magnetic Technolgies
- 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
12.11 Adams Magnetic Products
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
13. Appendix
13.1 About Business Market Insights
13.2 List of Abbreviations
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