Developments in End-Use Industries Boost Global Permanent Magnets Market to US $28.70 Billion by 2019
In 2012, the global permanent magnets market was worth US$15.32 billion. Growing at an estimated CAGR of 9.5% from 2013 to 2019, the market's value at the end of this period will be US$28.70 billion. In terms of volume, the global permanent magnets market is growing at a CAGR of 8.8% from 2013 to 2019. Its volume is set to rise from 650 kilo tons in 2012 to 1,168.7 kilo tons in 2019.
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