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Advanced Materials Innovation Drives Market Competitiveness
The Permanent Magnet Market size is expected to reach US$ 287.58 million by 2031 from US$ 167.59 million in 2024. The market is estimated to record a CAGR of 8.5% from 2025 to 2031.

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Middle East Permanent Magnet Market to 2031 - By Size, Share, Growth by End User and Forecast | Business Market Insights

Middle East Permanent Magnet Market was valued at US$ 167.59 Million in 2024 and is projected to reach US$ 287.58 Million by 2031 with a CAGR of 8.5% from 2025 to 2031 segmented into Type, Application.