The global advanced magnetic materials market is expected to grow from USD 24.2 billion in 2023 to USD 38.2 billion by 2028, at a CAGR of 9.5%. Key growth drivers include rising demand for high-efficiency motors and actuators in automotive and industrial applications, driven particularly by the growth of electric and hybrid vehicles. Permanent magnet materials are projected to be the ... https://www.prnewswire.com/news-releases/advanced-magnetic-materials-market-worth-38-2-billion-by-2028--exclusive-report-by-marketsandmarkets-302047531.html