The alnico permanent magnet market size is expected to reach US$ 1,137.02 million by 2031 from US$ 612.49 million in 2024. The market is estimated to record a CAGR of 9.1% from 2025 to 2031.   Executive Summary and Global Market Analysis The global alnico permanent magnet market is undergoing notable expansion, primarily fueled by the inherent benefits of alnico magnets: their...