Permanent Magnets in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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 Middle East & African permanent magnets market recorded a revenue of $106.5 million in 2025, and the value increased with a CAGR of 5.9% between 2020 and 2025.
- Market consumption volume increased with a CAGR of 4.3% between 2020 and 2025, reaching a total of 1,790.2 tons in 2025.
- In 2025, the revenue of the Middle East & African permanent magnets market experienced an annual growth of 6.8%, driven by the rising GDP. According to the World Bank, in 2024, South Africa recorded a real GDP annual growth of 1.3%.
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 Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the permanent magnets market in Middle East & Africa
- 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 Middle East & Africa permanent magnets market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Middle East & Africa permanent magnets market by value in 2025?
- What will be the size of the Middle East & Africa permanent magnets market in 2030?
- What factors are affecting the strength of competition in the Middle East & Africa permanent magnets market?
- How has the market performed over the last five years?
- Who are the top competitors in Middle East & Africa's permanent magnets market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- TDK Corp
- Allmag Industries
- Kumar Magnet Industries
