Permendur Market Set to Hit USD 520 Million by 2034 at 4.5% CAGR

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2026-08-20 08:00:27 -

Global Permendur Market market size was valued at USD 350 million in 2025. The market is projected to grow from USD 360 million in 2026 to USD 520 million by 2034, exhibiting a CAGR of 4.5% during the forecast period. Permendur is a cobalt‑iron alloy with about 49% cobalt and 49% iron, delivering a magnetic saturation of approximately 2.4 Tesla, positioning it as the preferred material...

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