Global Permanent Magnets Market Will Grow with CAGR of 9.2% - Industry Research, Share, Size, Analysis, Growth
The Global Permanent Magnets market is accounted for $17.3 billion in 2014, and is projected to register a CAGR of 9.2% to reach $35.1 billion by 2022. The permanent magnets market growth has been impelled by accessibility of fine quality neo magnets and ferrite magnets with lesser dysprosium content, which are also expected to lead the market with rapid growth during the forecast period.
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