The Magnet Wire Market was valued at USD 29.7 billion in 2024 and is expected to reach USD 40 billion by 2035, growing at a CAGR of 2.7% from 2025 to 2035. Growth is driven by rising demand in electric vehicles, renewable energy systems, industrial motors, and advanced electronics applications worldwide. https://industrytoday.co.uk/chemicals/the-magnet-wire-market-was-valued-at-usd-297-billion-in-2024-and-is-projected-to-reach-usd-40-billion-by-2035-growing-at-a-cagr-of-27-from-2025-2035