Mexico Magnetic Materials Market Size & Outlook, 2025-2030
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Mexico magnetic materials market highlights
- The Mexico magnetic materials market generated a revenue of USD 760.7 million in 2024 and is expected to reach USD 1,074.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
- In terms of segment, hard/permanent was the largest revenue generating type in 2024.
- Hard/Permanent is the most lucrative type segment registering the fastest growth during the forecast period.
Magnetic materials market data book summary
| Market revenue in 2024 | USD 760.7 million |
| Market revenue in 2030 | USD 1,074.3 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Hard/permanent |
| Fastest growing segment | Hard/Permanent |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hard/Permanent, Semi-hard, Soft |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global magnetic materials market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. magnetic materials market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,043.9 million by 2030.
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Magnetic Materials Market Scope
Magnetic Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tengam Engineering | View profile | 11-50 | Otsego, Michigan, United States, North America | https://www.tengam.com |
| Electron Energy Corporation | View profile | 101-250 | Landisville, New Jersey, United States, North America | http://electronenergy.com |
| Daido Steel | View profile | 10001+ | Nagoya, Aichi, Japan, Asia | http://www.daido.co.jp/ |
| Hitachi Metals | View profile | 10001+ | Minato, Chiba, Japan, Asia | http://www.hitachi-metals.co.jp |
| Arnold Magnetic Technologies | View profile | 501-1000 | Rochester, New York, United States, North America | http://www.arnoldmagnetics.com/ |
| TDK Corp | View profile | 102908 | Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, Japan | http://www.tdk.co.jp |
| Lynas Rare Earths Ltd | View profile | 911 | 1 Howard Street, Level 4, Perth, WA, Australia, 6000 | https://www.lynascorp.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
Mexico magnetic materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to magnetic materials market will help companies and investors design strategic landscapes.
Hard/permanent was the largest segment with a revenue share of 52.45% in 2024. Horizon Databook has segmented the Mexico magnetic materials market based on hard/permanent, semi-hard, soft covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of magnetic materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico magnetic materials market , including forecasts for subscribers. This country databook contains high-level insights into Mexico magnetic materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico magnetic materials market size, by type, 2018-2030 (US$M)
Mexico Magnetic Materials Market Outlook Share, 2024 & 2030 (US$M)
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