Alnico Permanent Magnet Market Outlook Global Size, Share, Trends, Application Analysis (2021-2031)
The alnico permanent magnet market size is expected to reach US$ 1,137.02 million by 2031 from US$ 612.49 million in 2024. The market is estimated to record a CAGR of 9.1% from 2025 to 2031.
Executive Summary and Global Market Analysis
The global alnico permanent magnet market is experiencing a robust expansion, primarily driven by the advantageous characteristics of alnico...
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