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Alnico magnets market to reach $2.584 billion by 2031

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  • ResearchAndMarkets.com added a 2026-2031 Alnico magnets market forecast to its offering.
  • $2.584 billion is the projected 2031 market value, rising from $1.597 billion in 2025.
  • Asia-Pacific accounts for more than 60% of global Alnico magnet production and consumption.
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