Press release
Magnetic Particle Market Size, Share, Development by 2023
Commonly known as Ceramics, have been in production since the 1950's.They are primarily made from Iron Oxide (FeO) and the addition of Sr and Ba through a calcining process. They are the least expensive and most common of all magnet materials. Primary grades are C1, C5 and C8. They are mostly used in motors and sensors.
Magnetic ferrite powder are suitable for producing different grades of hard ferrite magnets by wet pressing or dry pressing production process. According to the needs of clients, we could supply the magnetic ferrite powders in different granularity, The magnetic ferrite powder can be classified as isotropic magnetic ferrite powder and anisotropic magnetic ferrite powder.
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Global Magnetic Particle Market: Forecast by Type / Application / Region
Demand is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on a certain geography.
China domestic Magnetic Particle industry developed fast, which accounts for almost 89% of total NdFeB Magnetic Particle production and 82% of Ferrites Magnetic Particle production. Though Chinese companies have low price advantage, the quality of domestic products is relatively poor.
Over the next five years, LPI(LP Information) projects that Magnetic Particle will register a 3.2% CAGR in terms of revenue, reach US$ 1650 million by 2023, from US$ 1370 million in 2017.
Global Magnetic Particle Market: Key Players
MQI
Aichi Steel
Zhao Ri Ke
Galaxy Magnets
Yuhong
Huiling
Western Magnet
San Huan
Hoosier Magnetics
Todakogyo
HIMAG
DMEGC Magnetics
Zhejiang Ante
Maanshan CY
BGRIMM Magnetic
Shunde Baling
MGC
Comc Technology
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Related Information:
United States Magnetic Particle Market Research Report 2018
Europe Magnetic Particle Market Research Report 2018
North America Magnetic Particle Market Research Report 2018
Asia-Pacific Magnetic Particle Market Research Report 2018
China Magnetic Particle Market Research Report 2018
EMEA Magnetic Particle Market Research Report 2018
Global Magnetic Particle Market Research Report 2018
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