Global Hard Ferrite Magnets Market Research Report 2025

The global Hard Ferrite Magnets market was valued at US$ 3,473.84 million in 2024 and is anticipated to reach US$ 4,540.55 million by 2031, witnessing a CAGR of 4.25% during the forecast period 2026-2031.

North American market for Hard Ferrite Magnets is estimated to increase from $ 428.06 million in 2024 to reach $ 582.38 million by 2031, at a CAGR of 4.86% during the forecast period of 2025 through 2031.

Asia-Pacific market for Hard Ferrite Magnets is estimated to increase from $ 2,385.84 million in 2024 to reach $ 3,087.68 million by 2031, at a CAGR of 3.85% during the forecast period of 2025 through 2031.

The major global manufacturers of Hard Ferrite Magnets include TDK, Proterial, DMEGC, Guangdong JPMF, Sinomag, Union Materials, Tokyo Ferrite, BGRIMM Magnetic Materials, and Hunan Aerospace Magnet &Magneto, etc. In 2024, the world's top three vendors accounted for approximately 22.05 % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hard Ferrite Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hard Ferrite Magnets.

The Hard Ferrite Magnets market size, estimations, and forecasts are provided in terms of output/shipments (kt) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Hard Ferrite Magnets market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Hard Ferrite Magnets manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

TDK

Proterial

DMEGC

Guangdong JPMF

Sinomag

Union Materials

Tokyo Ferrite

BGRIMM Magnetic Materials

Hunan Aerospace Magnet &Magneto

Zhejiang Kaiven Magnet

Guangzhou Golden South

Shunde Baling Group

Meizhou Magnetic Materials

Segment by Type

Sintered Ferrite Magnet

Bonded Ferrite Magnet

Segment by Application

Electro-Acoustic Products

Toy Industry

Automotive Industry

Home Appliance Industry

Computer and Office Equipment

Others

Production by Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Consumption by Region

North America

• U.S.
• Canada

Asia-Pacific

• China
• Japan
• South Korea
• Southeast Asia
• India

Europe

• Germany
• France
• U.K.
• Italy
• Russia
• Rest of Europe

Latin America

• Mexico
• Brazil
• Argentina

Middle East & Africa

• Turkey
• GCC Countries

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Hard Ferrite Magnets manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Hard Ferrite Magnets by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Hard Ferrite Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.