Key Highlights
- A permanent magnet generates its magnetic field through the internal structure of the material, and it retains its magnetism, even after being separated from an external magnetic field. The market value represents the revenue generated by market players in a specific year. Market volume refers to the amount of permanent magnets consumed by end-user industries.
- The North American permanent magnets market recorded a revenue of $732.0 million in 2025, and the value increased with a CAGR of 7.1% between 2020 and 2025.
- Market consumption volume increased with a CAGR of 5.9% between 2020 and 2025, reaching a total of 27,553.1 tons in 2025.
- In 2025, the revenue of the North American permanent magnets market experienced an annual growth of 8.1%, driven by the rising GDP. According to the World Bank, in 2025, Canada recorded a real GDP annual growth of 1.5%.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the permanent magnets market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the permanent magnets market in North America
- Leading company profiles reveal details of key permanent magnets market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America permanent magnets market with five year forecasts
Reasons to Buy
- What was the size of the North America permanent magnets market by value in 2025?
- What will be the size of the North America permanent magnets market in 2030?
- What factors are affecting the strength of competition in the North America permanent magnets market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's permanent magnets market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- TDK Corp
- Arnold Magnetic Technologies Corp
- Magnet Sales & Mfg Co Inc
- Magnetic Holdings LLC

