How PBI/Gordon Companies leveraged our Sirolimus API Market report
VM Intelligence · Sample preview · Construction and Manufacturing · Forecast 2027–2033
Scrap Magnets Market
- By Magnet Material Type: Neodymium Iron Boron (NdFeB) Magnets, Samarium Cobalt (SmCo) Magnets, Alnico Magnets, Ferrite (Ceramic) Magnets, Flexible Magnets
- By Source of Scrap: Electronic Waste (E-Waste) Magnets, Automotive Magnets, Industrial Equipment Magnets, Household Appliance Magnets, Magnetic Storage Devices
- By Form of Scrap: Bulk Scrap Magnets, Machined Scrap Magnets, Magnet Assemblies, Magnet Fragments and Chips
- By End-Use Industry: Automotive Industry, Electronics and Electrical Industry, Renewable Energy Sector, Manufacturing and Machinery, Healthcare and Medical Devices
Key Highlights
A snapshot of what the full report proves- 01 Market size - $X,XXX.XM global market in 2025 - the verified base-year revenue. Executive Summary →
- 02 Forecast - Full 2033 market projection modelled inside - unlock the forecast value to see where the market lands. Market Outlook →
- 03 Growth - Year-by-year CAGR across 2027–2033 - unlock the growth rate and the full model. Market Outlook →
- 04 Leading segment - Neodymium Iron Boron (NdFeB) Magnets leads By Magnet Material Type at XX% share. Market, by Service Type →
- 05 Global coverage - Sized across 5 regions and 20 countries, each broken out by segment. Market, by Geography →
- 06 Competitive landscape - 15 companies profiled with SWOT, benchmarking and market-share analysis. Company Profiles →
Inside the Report
11 chapters · 279 pages- 01 Introduction Definition, segmentation & scope p.12 →
- 02 Research Methodology How the numbers were built p.20 →
- 03 Executive Summary The market in one chapter p.34 →
- 04 Market Outlook Drivers, restraints, trends p.63 →
- 10 Competitive Landscape 5 sections p.168 →
- 11 Company Profiles 15 players: SWOT & benchmarking p.176 →
Full report · locked preview
Everything inside the Scrap Magnets Market report
A complete, evidence-based study - 11 chapters and 117 sections covering market size, segmentation across 4 axes, regional analysis and 15 company profiles, forecast to 2033.
Segmentation covered
Magnet Material Type 5
Source of Scrap 5
Form of Scrap 4
End-Use Industry 5
Companies profiled
Master Magnetics Inc.
Magnet Applications Inc.
Adams Magnetic Products Co.
Magnet Source Inc.
Magnet Shop Inc.
Magnetech Inc.
Magnet Sales & Manufacturing Co.
Magnetics Group
Magnet Systems Inc.
Magnet World Inc.
Magnet Solutions Inc.
Magnetics International
+3 more
Verified · Analyst-reviewed · No payment to preview
Trusted & certified by
★★★★★ Excellent
★★★★★ Excellent
15 players profiled - tiered by revenue contribution, footprint and R&D capability.
ACE Matrix · p.153 →Master Magnetics Inc.
Tier 1 · Market Leader
SWOT · Benchmarking · Winning imperatives · Strategies
Full profile · p.155 →Magnet Applications Inc.
Tier 1 · Market Leader
SWOT · Benchmarking · Winning imperatives · Strategies · Key developments
Full profile · p.160 →Adams Magnetic Products Co.
Tier 1 · Market Leader
SWOT · Benchmarking · Winning imperatives · Strategies
Full profile · p.166 →Magnet Source Inc.
Tier 1 · Market Leader
SWOT · Benchmarking · Winning imperatives · Strategies · Key developments
Full profile · p.173 →Magnet Shop Inc.
Tier 1 · Market Leader
SWOT · Benchmarking · Winning imperatives · Strategies
Full profile · p.178 →Magnetech Inc.
Tier 1 · Market Leader
SWOT · Benchmarking · Winning imperatives · Strategies · Key developments
Full profile · p.184 →Magnet Sales & Manufacturing Co.
Tier 2 · Established Specialist
Overview · Insights · Product benchmarking · Segment breakdown
Full profile · p.191 →Magnetics Group
Tier 2 · Established Specialist
Overview · Insights · Product benchmarking
Full profile · p.196 →Magnet Systems Inc.
Tier 2 · Established Specialist
Overview · Insights · Product benchmarking
Full profile · p.202 →Magnet World Inc.
Tier 2 · Established Specialist
Overview · Insights · Product benchmarking · Segment breakdown
Full profile · p.209 →Magnet Solutions Inc.
Tier 2 · Established Specialist
Overview · Insights · Product benchmarking
Full profile · p.214 →Magnetics International
Tier 2 · Established Specialist
Overview · Insights · Product benchmarking
Full profile · p.220 →Magnetics Corporation
Tier 3 · Niche Player
Overview · Insights · Product benchmarking
Full profile · p.227 →Magnetics Technologies
Tier 3 · Niche Player
Overview · Insights · Product benchmarking
Full profile · p.232 →Magnetics Engineering
Tier 3 · Niche Player
Overview · Insights · Product benchmarking
Full profile · p.238 →Values shown here are illustrative samples for your understanding — not exact figures. The full report contains the real, verified data.
Global · 2025–2033
$3,723M by 2033 · 6.6% CAGR
Market estimates & forecast (USD Million)
Fig. 15 · p.34 →Segment mix, 2033 (% share)
Fig. 16 · p.35 →- Neodymium Iron Boron (NdFeB) Magnets51.8
- Samarium Cobalt (SmCo) Magnets14.3
- Alnico Magnets6.5
- Ferrite (Ceramic) Magnets13.6
- Flexible Magnets13.8
Regions, 2025 → 2033 (USD Mn)
§6.1 · p.75 →North America$735.9M → $1,098M · 5.1%
Europe$512.9M → $768.5M · 5.2%
Asia Pacific$468.3M → $832.6M · 7.5%
Latin America$289.9M → $487.4M · 6.7%
Middle East and Africa$223.0M → $404.4M · 7.7%
Top countries, 2033 (USD Mn)
§6.2 · p.78 →Year-over-year growth (%)
§3.12 · p.44 →6.572026
6.592027
6.592028
6.592029
6.622030
6.622031
6.652032
6.642033
CAGR by region (%)
Fig. 22 · p.71 →Market share by company, 2033 (%)
Fig. 41 · p.152 →- Master Magnetics Inc.22.2
- Magnet Applications Inc.25.4
- Adams Magnetic Products Co.5.5
- Magnet Source Inc.5.7
- Magnet Shop Inc.9.2
- Magnetech Inc.4.0
- Others28.0
Segment contribution to growth (%)
Fig. 18 · p.39 →Magnet Material Type28.7%
Source of Scrap23.3%
Form of Scrap20.7%
End-Use Industry27.2%
Competitive positioning (ACE matrix)
Fig. 40 · p.153 →Adoption & penetration (% of addressable)
Fig. 12 · p.31 →Revenue by application (USD Mn)
§5.3 · p.62 →Demand by end-use (USD Mn)
§5.4 · p.66 →Average selling price trend (index, 2025=100)
Fig. 27 · p.58 →Top companies by revenue, 2033 (USD Mn)
Fig. 42 · p.155 →Revenue by region, 2033 (%)
Fig. 20 · p.70 →- North America30.6
- Europe21.4
- Asia Pacific23.2
- Latin America13.6
- Middle East and Africa11.3
Values shown here are illustrative samples for your understanding — not exact figures. The full report contains the real, verified data.
8 players benchmarked across 6 dimensions — scored 0–100 from share, portfolio, reach, innovation, financials and installed base. Methodology · §8.1 · p.160 →
Competitive scorecard (score 0–100)
Table 31 · p.161 →| Company | Market share | Product portfolio | Geographic reach | Innovation & R&D | Financial strength | Customer base | Composite |
|---|---|---|---|---|---|---|---|
| Master Magnetics Inc. | 98 | 95 | 90 | 95 | 89 | 86 | 92 |
| Magnet Applications Inc. | 90 | 87 | 71 | 83 | 86 | 89 | 84 |
| Adams Magnetic Products Co. | 87 | 65 | 62 | 79 | 84 | 76 | 76 |
| Magnet Source Inc. | 70 | 79 | 64 | 61 | 78 | 70 | 70 |
| Magnet Shop Inc. | 58 | 65 | 61 | 62 | 62 | 62 | 62 |
| Magnetech Inc. | 64 | 54 | 67 | 47 | 55 | 51 | 56 |
| Magnet Sales & Manufacturing Co. | 65 | 62 | 53 | 41 | 41 | 56 | 53 |
| Magnetics Group | 37 | 42 | 59 | 45 | 51 | 59 | 49 |
Vendor positioning (presence × innovation)
Fig. 43 · p.163 →Strengths profile (top 3 players)
Fig. 44 · p.165 →- Master Magnetics Inc.
- Magnet Applications Inc.
- Adams Magnetic Products Co.
Capability coverage
§8.3 · p.168 →| Company | Global delivery | R&D depth | Digital platform | Sustainability | After-sales | Custom solutions |
|---|---|---|---|---|---|---|
| Master Magnetics Inc. | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Magnet Applications Inc. | ✓ | ✓ | ✓ | ◐ | ✓ | ◐ |
| Adams Magnetic Products Co. | ✓ | ◐ | ◐ | ✓ | ✓ | ✓ |
| Magnet Source Inc. | ◐ | ◐ | − | ◐ | ◐ | ◐ |
| Magnet Shop Inc. | ◐ | − | − | − | − | − |
| Magnetech Inc. | ◐ | ◐ | ◐ | − | ◐ | ◐ |
| Magnet Sales & Manufacturing Co. | ✓ | − | ◐ | − | − | ◐ |
| Magnetics Group | − | − | − | ◐ | − | − |
✓ Full ◐ Partial − Limited
Overall competitive index (composite, ranked)
Fig. 45 · p.170 →1Master Magnetics Inc.92
2Magnet Applications Inc.84
3Adams Magnetic Products Co.76
4Magnet Source Inc.70
5Magnet Shop Inc.62
6Magnetech Inc.56
7Magnet Sales & Manufacturing Co.53
8Magnetics Group49
Competitive tiers
§8.4 · p.172 →Leader2
Set the pace on share, breadth and innovation.
Master Magnetics Inc.Magnet Applications Inc.
Challenger2
Strong scale, closing on the leaders.
Adams Magnetic Products Co.Magnet Source Inc.
Contender1
Focused players with pockets of strength.
Magnet Shop Inc.
Niche3
Specialists in a single segment or region.
Magnetech Inc.Magnet Sales & Manufacturing Co.Magnetics Group
Values shown here are illustrative samples for your understanding — not exact figures. The full report contains the real, verified data.
Go-to-market strategy
Land Magnet Material Type in North America, then scale across Scrap Magnets Market — a $520M beachhead inside a $9.03B market.
Beachhead (SOM)$520Mobtainable near-term
Serviceable (SAM)$3.32Breachable market
Primary motionPartner-led + digitalgo-to-market
Time to scale3 Qto full motion
Ideal customer profile (who to sell to)
§GTM 1 · p.190 →Champion92 fit
Neodymium Iron Boron (NdFeB) Magnets
Best fit — highest urgency & budget in Magnet Material Type.
Economic buyer80 fit
Samarium Cobalt (SmCo) Magnets
Strong fit — clear ROI and a fast path to value.
End user66 fit
Alnico Magnets
Emerging fit — growing demand, longer sales cycle.
Market-entry sequence (beachhead → scale)
Fig. GTM 1 · p.192 →Beachhead · 2025–2026
Win Magnet Material Type in North America
Concentrated ICP, fastest proof and references.
Expand · 2026–2028
Add Source of Scrap & next regions
Repeat the motion in adjacent, look-alike segments.
Scale · 2028–2033
Full-market coverage + Form of Scrap
Multi-channel, platform & ecosystem plays.
Channel mix (routes to market)
§GTM 3 · p.195 →Direct sales42%
Partner / channel29%
Digital / self-serve21%
Marketplaces8%
Positioning & messaging
§GTM 2 · p.194 →For Magnet Material Type leaders who need defensible market intelligence, VM Intelligence is the fastest, source-cited way to size, segment and win Scrap Magnets Market — unlike generic, static research.
Live & source-cited
Every figure triangulated from 600K+ sources and traceable.
Ready in minutes
A full, tailored report compiled on demand — not weeks.
Scope you control
Pick the chapters, regions and companies that matter.
GTM funnel & unit economics (conversion · CAC / LTV)
Fig. GTM 2 · p.198 →Awareness100%
Marketing qualified42%
Sales qualified26%
Evaluation15%
Closed-won7%
$13.9KCAC
$51KLTV
3.7:1LTV : CAC
< 2 moCAC payback
Values shown here are illustrative samples for your understanding — not exact figures. The full report contains the real, verified data.
Investment thesis
Scrap Magnets Market is a resilient opportunity — $2.10B by 2033, compounding at 4.1%.
TAM · 2025$1.53Btoday
TAM · 2033$2.10Bforecast
CAGR4.1%2027–2033
Cumulative$16.2Brevenue opportunity
Market opportunity (TAM · SAM · SOM)
Fig. 3 · p.14 →TAM$2.10BTotal addressable market
SAM$725MServiceable available market
SOM$128MServiceable obtainable market
Growth trajectory (USD Million)
Fig. 4 · p.16 →Why invest now
§2.1 · p.10 →4.1% CAGR
Demand compounds through 2033, outpacing GDP across Magnet Material Type.
Global tailwinds
North America leads today; fastest gains coming from emerging regions.
Structural shift
Adoption in Magnet Material Type moving from early to mainstream — durable secular demand.
Consolidation upside
15+ players, no runaway leader — room to build scale and roll up share.
Investment highlights
§2.2 · p.12 →$2.10BLarge & growingTAM by 2033 at 4.1% CAGR
$725MServiceable nowreachable with today’s model
$128MBeachhead winobtainable near-term share
15+Fragmented fieldplayers — consolidation runway
Return scenarios (2033 market value)
Fig. 6 · p.22 →$1.64BBear2.6% CAGR
$2.10BBase4.1% CAGR
$2.69BBull5.4% CAGR
Key risks & mitigants
§9.1 · p.180 →- Input-cost volatilityLong-term supply contracts & hedging
- Regulatory / policy shiftsDiversified exposure across 5 regions
- Technology disruptionR&D pipeline & Source of Scrap optionality
- Customer concentrationBroaden installed base beyond top accounts
Values shown here are illustrative samples for your understanding — not exact figures. The full report contains the real, verified data.
Board pack · executive summary
Scrap Magnets Market — a $2.06B market by 2033. Plan: grow share from 7.9% to 12.2%.
Market size · 2033$2.06Btotal addressable
Market CAGR10.6%2027–2033
Target share12.2%from 7.9% today
Revenue ambition$251Mby 2033
Strategic scorecard (current vs 2033 target)
Table 1 · p.6 →| Objective | Current | Target · 2033 | Status |
|---|---|---|---|
| Market share | 7.9% | 12.2% | Ahead |
| Revenue | $147M | $251M | Ahead |
| Geographic coverage | 2 of 5 regions | 5 of 5 regions | Behind |
| Segment coverage | 2 of 4 axes | 4 of 4 axes | At risk |
| Gross margin | 32.5% | 41.5% | Behind |
| Customer retention | 87.9% | 93.8% | On track |
Where to play (strategic priorities)
§1.2 · p.8 →1
Lead segment
Win in Magnet Material Type
Largest revenue pool and fastest secular demand — concentrate to build share here first.
2
Geographic
Expand across North America & beyond
Deepen the leading region, then scale into the fastest-growing emerging markets.
3
Adjacency
Build Source of Scrap capability
A defensible second engine — invest in Source of Scrap to widen the moat and cross-sell.
Strategic roadmap (2025–2033)
Fig. 1 · p.10 →Phase 1 · Foundation
2025–2027
- Secure core Magnet Material Type share
- Fix unit economics
- Stand up data & ops
Phase 2 · Scale
2028–2030
- Enter new regions
- Launch Source of Scrap
- Selective M&A
Phase 3 · Lead
2031–2033
- Category leadership
- Premium mix & margin
- Platform & ecosystem
Board decisions & asks
§1.4 · p.14 →- Approve $34M capacity & capability investment
- Greenlight bolt-on M&A in Source of Scrap
- Authorise North America expansion plan
- Fund R&D program for Magnet Material Type leadership
Risk watchlist (RAG)
§9 · p.180 →- Demand / macro slowdownOn track
- Competitive share lossOn track
- Input-cost & supply riskAhead
- Regulatory / policy changeOn track
- Execution & talentOn track
Values shown here are illustrative samples for your understanding — not exact figures. The full report contains the real, verified data.
Sales deck · value proposition
Win the Scrap Magnets Market conversation — a $9.45B market you can size, segment and defend in minutes.
Market size · 2033$9.45Btotal opportunity
Growth8.6%CAGR to 2033
Addressable buyers1,621+accounts in scope
Typical ROI5.6×in year one
Who buys (target personas)
§1.1 · p.4 →Product / BU leader
Head of Magnet Material Type
Goal Grow share in Magnet Material Type
Pain Blind spots on demand, pricing & competitors.
Regional GM
North America lead
Goal Prioritise the right markets
Pain No granular, country-level view of the market.
M&A / strategy
Strategy & Corp Dev
Goal Find where to invest or acquire
Pain Slow, inconsistent third-party research.
From pain to solution
§1.2 · p.6 →Decisions made on stale, generic dataLive, source-cited figures, continuously updated
Weeks waiting on a research vendorA full report compiled in minutes
No view of competitors or whitespaceCompany profiles, ACE matrix & benchmarking
Hard to defend the numbers internallyEvery figure traceable to its original source
The business case (ROI)
Fig. 2 · p.9 →5.6×return on cost, year one
< 2 mopayback period
$54K+research cost avoided
10×faster than a custom study
Time to insight
Cost to run
Risk of a wrong call
Why buyers trust it (proof points)
§1.3 · p.12 →600K+source studies indexed
100%analyst-reviewed
15+players profiled in this market
Coverage includes
Master Magnetics Inc.Magnet Applications Inc.Adams Magnetic Products Co.Magnet Source Inc.Magnet Shop Inc.Magnetech Inc.Magnet Sales & Manufacturing Co.Magnetics Group+7 more
Objection handling
§1.4 · p.14 →“We already have market data.”
This triangulates 600K+ sources into one current, defensible view — not another silo.
“How do we know it’s accurate?”
Analyst-reviewed, and every figure is source-cited and traceable to its origin.
“It’s not in the budget.”
A fraction of a single analyst-day — and it pays back on the first decision it informs.
“We need it tailored to us.”
Choose the chapters, regions and companies before you build — you only pay for scope.
What you get (packages)
§1.5 · p.16 →Report
- Full multi-chapter report
- Market size, share & forecast
- Segment & regional breakdowns
- PDF + editable Excel + PPT
Most popular
Report + Add-ons
- Everything in Report
- Interactive Visualizer
- Competitive benchmarking
- Investor / board / sales decks
Enterprise
- Multiple reports & markets
- Team seats & sharing
- Analyst support & custom scope
- API / data-feed options
Almost there
Access your Scrap Magnets Market report
Sign in to unlock the full report - it’s compiled live and ready in minutes.
or continue with your email
Your report is ready to access
Scrap Magnets Market Report is ready
Verify your email to unlock it. We sent a 6-digit code to your inbox.
That code is invalid or expired. Please try again.
Trusted by strategy, finance & consulting teams
Related Reports
Construction and Manufacturing · scroll →Scrap Loaders Market
Market size, share, segmentation and regional forecast.
$5.1B market · 2025 base year
View reportScrap Iron Magnetic Suction Machine Market
Market size, share, segmentation and regional forecast.
$4.6B market · 2025 base year
View reportScrap Hydraulic Grab Market
Market size, share, segmentation and regional forecast.
$6.3B market · 2025 base year
View reportScrap Handling Magnets Market
Market size, share, segmentation and regional forecast.
$3.4B market · 2025 base year
View reportScrap Handling Grapples Market
Market size, share, segmentation and regional forecast.
$3.5B market · 2025 base year
View reportScrap Grapple Market
Market size, share, segmentation and regional forecast.
$4.2B market · 2025 base year
View reportScrap Grapple Bucket Market
Market size, share, segmentation and regional forecast.
$5.7B market · 2025 base year
View reportScraper Heat Exchangers Market
Market size, share, segmentation and regional forecast.
$1.6B market · 2025 base year
View reportScraper Conveyor for Mine Market
Market size, share, segmentation and regional forecast.
$1.4B market · 2025 base year
View reportScraper Chain Market
Market size, share, segmentation and regional forecast.
$2.5B market · 2025 base year
View reportScore Post Repair Machine Market
Market size, share, segmentation and regional forecast.
$930M market · 2025 base year
View reportScissor Type Aerial Work Platform Market
Market size, share, segmentation and regional forecast.
$604M market · 2025 base year
View reportThe showdown
Custom-built vs. off-the-shelf
Scroll to watch them go head-to-head
WinnerVMR Custom Report
- Tailored to your exact scope
- Delivered in minutes
- Live, always-current data
- Fully editable data (XLSX)
- You choose the companies
- Source-cited & traceable
Off-the-shelf PDF
- Generic, one-size template
- Waits 2–5 days
- A fixed snapshot in time
- Locked, flat PDF
- Preset company list
- Opaque sourcing
Customer Testimonials
Proof from industry leaders who rely on us
These stories come from the executives who depend on VMR’s intelligence for market entry, expansion, assessment, and planning. Their outcomes and experiences reflect our commitment to clarity.
600,000+source studies indexed
100%analyst-reviewed
Every figuresource-cited & traceable
In their words
Watch clients tell their story
How VMR helped University of Limerick with Anesthesia Monitoring Devices
How VMR helps brands expand into Africa & emerging markets
Unlock your GTM strategy: an Elsewedy Electric success story
Beyond sales data: layering NielsenIQ data to support strategy
How VMR became the trusted partner for United Alloy
Questions, answered
How is the research actually conducted?
Every report is compiled from VMR’s continuously-updated intelligence across 600,000+ source studies - primary interviews, company filings, trade data, and government & industry databases. Figures are triangulated across multiple credible sources, then reviewed by a research analyst before your report is delivered.
What exactly do I get inside the report?
A full multi-chapter study: market definition & methodology, executive summary, market outlook (drivers, restraints, trends, Porter’s Five Forces), segment deep-dives, regional & country breakdowns, competitive landscape, and a full profile for every company you select - with interactive charts and data tables throughout.
How accurate are the numbers, and can I trust them?
Market sizing is reconciled across leading sources (Gartner, BCG, MarketsandMarkets, government bodies and more), with outliers removed and a confidence-graded median used for the base year. Every figure is source-cited and traceable to its origin, and an analyst validates the model before delivery.
Can I customise the chapters, regions and companies?
Yes. Choose exactly the chapters, regions and countries, and the companies you want benchmarked before you build - then adjust your selection and recompile anytime from your account. You only pay for the scope you need.
What formats do I receive, and is the data editable?
Every report is readable online in full. Downloadable formats are available as optional $99 add-ons: a formatted PDF and a fully editable XLSX containing all underlying data tables - so you can re-chart, re-model, or drop any figure straight into your own deck.