Albany, New York, May 22, 2017: Magnetic materials are those materials that either inherently possess magnetic properties or can be magnetized using an external magnetic field. Magnetic materials can be broadly categorized into hard and soft magnetic materials. The applications of magnetic materials include automotive and transportation, electronics and instrumentation, industrial applications, energy generation, medical equipment, defense, and information technology. Magnetic materials have natural magnetic properties and are used for creating a magnetic field. The magnetic field produced has the capacity to attract other ferromagnetic materials.
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Market Research Hub’s analysts forecast the global magnetic materials market to grow at a CAGR of 9.10% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global magnetic materials market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Market Research Hub’s report, Global Magnetic Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Arnold Magnetic Technologies
Daido Steel
Hitachi Metals
Lynas Corporation
TDK Corporation
Other prominent vendors
Adams Magnetic Products
A.K. Steel Holding Corporation
BGRIMM Magnetic Materials & Technology
Dexter Magnetic Technologies
Dura Magnetics
Electron Energy Corporation
GKN Sinter Metals
Hengdian Group DMEGC Magnetics
Neo
Ningbo Vastsky Magnet
Shin-Etsu Chemical
Sintex
Steward Advanced Materials
Tengam Engineering
Toshiba Materials
VACUUMSCHMELZE
Zhejiang Kaiven Magnet Company
Market driver
Increase in demand from automotive and transportation, and energy generation segments.
For a full, detailed list, view our report
Market challenge
Scarcity and disproportionate availability of rare-earth metals.
For a full, detailed list, view our report
Market trend
Increased use of amorphous and nanocrystalline magnetic materials.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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