Press release
Magnetic Materials Market
Soft magnetic materials are used in high and low-frequency applications such as transformer cores, microwave applications, and recording heads. Magnetic materials ranging from hard and soft are extensively used as recording media. Rapid industrialization, specifically in emerging economies such as India and China, demand for alternative power sources, such as windmill and water turbine are driving growth of the magnetic material market.
major driver for growth of the global magnetic materials market is the growing automobile industry. The shift from the conventional fuel vehicles towards electric vehicles is a major factor fueling market growth. According to International Energy, over 750 thousand sales were registered for electric cars in 2016. Automotive manufacturers are shifting towards the magnetic motors system.
Key players operating in the global magnetic materials market include Arnold Magnetic Technologies Corporation, Daido Steel Co. Ltd., Dexter Magnetic Technologies, Hitachi Metals Ltd., GKN Plc., Molycorp Inc., Shin-ETSU Chemical Co., Ltd., Electron Energy Corporation, Lynas Corporation Ltd., TDK Corporation, and Tengam Engineering Inc.
Players are focused on developing magnetic materials for innovative applications. For instance, new ferrite material was introduced by Dexter Magnetic Technologies in June 2018, to support applications in harsh environments, where high ambient temperatures and wide temperature fluctuations are expected.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Magnetic Materials Market here
News-ID: 1254478 • Views: …
More Releases from Coherent Market Insights
Global And China Osteoporosis Drugs Market Growth in Future Scope 2025-2032 | Me …
Global And China Osteoporosis Drugs Market is estimated to be valued at USD 15.76 Bn in 2025 and is expected to reach USD 20.6 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 3.9% from 2025 to 2032.
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Global And China Osteoporosis Drugs…
Dental Rapid Prototyping Systems Market Size 2025: Global Share, Industry And Re …
Dental Rapid Prototyping Systems Market is estimated to be valued at USD 4.87 Bn in 2025 and is expected to reach USD 19.37 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 21.8% from 2025 to 2032.
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Dental Rapid Prototyping Systems Market. From…
U.S. Vaccine Market Set to Significantly Grow from 2025 to 2032 |Sanofi Pasteur, …
U.S. Vaccine Market is estimated to be valued at USD 26.59 Bn in 2025 and is expected to reach USD 39.2 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032.
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the U.S. Vaccine Market. From 2025 to 2032,…
Global And China Catheter Market In-depth Insights, Business Opportunities and T …
Global And China Catheter Market is estimated to be valued at USD 51.7 Bn in 2025 and is expected to reach USD 73.23 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2025 to 2032.
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Global And China Catheter Market. From…
More Releases for Magnetic
Magnetic Sensor Market Magnetic Sensor Market Developments, Future Trends & Indu …
The Magnetic Sensor Market plays a crucial role in modern electronics, enabling precise detection, position tracking, and motion sensing across automotive, consumer electronics, industrial, and healthcare sectors. Magnetic sensors are integral to electric vehicles, robotics, smartphones, and renewable energy systems - all of which are key pillars of today's digital economy. As the market evolves, technological innovation, miniaturization, and integration with IoT and AI platforms are redefining competitive dynamics. Leading…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
A detailed report on Global Magnetic Materials providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Magnetic Materials , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production,…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
Coherent Market Insights, one of the leading market research firm has recently published a report.This report will provide data on the current and future trends of market, ongoing competition, key players share, market volume and value, etc. The key information covered in the report will help the existing as well as new entrants to get in-depth market knowledge and make appropriate business decisions for short term and long-term. The Magnetic…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
The Magnetic Materials report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Magnetic Materials during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping…
Alnico Market 2019 Global Trends, Sales Revenue, Key Players - Adams Magnetic Pr …
This study focuses on the production side and consumption side of Alnico, presents the global Alnico market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Alnico capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on…
Permanent Magnet Motor Market | Hitachi Metals Ltd., Adams Magnetic Products Co. …
Global Permanent Magnet Motor Market: Overview
The global market for permanent magnet motor has been growing at the back of the customised needs of various industrial units. Permanent magnet motors offer a wide range of advantages over other kinds of motors which has driven demand for the former across the globe. The permanent magnet motors are manufactured by creating a persistent magnetic field through a magnetized material, and these motors are…
