Middle East Permanent Magnet Market to Grow From US$167.59 Million in 2024 to US$287.58 Million by 2031
Middle East Permanent Magnet is emerging as a critical component for energy-efficient technologies across automotive, electronics, industrial, and renewable energy sectors.
The Middle East Permanent Magnet Market size was valued at US$ 167.59 Mn in 2024 and is projected to reach US$ 287.58 Mn by 2031, growing at a CAGR of 8.5% during 2025–2031.
The growth of the Middle East Permanent...
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