Permanent Magnets Market to witness growth by 2028 | Drivers and Opportunities| Key player Analysis Molycorp Inc, Magx America, Inc., Electron Energy Corporation, Daido Steel Co., Ltd
Global Permanent Magnets Market is accounted for $34.40 billion in 2021 and is expected to reach $73.70 billion by 2028 growing at a CAGR of 11.5% during the forecast period. A permanent magnet is an object which maintains a lasting magnetic field around it without the use of an external power source. Permanent magnets are …