openPR Logo
Press release

Adoption of Magnetic Plastics Market to Surge During the Forecast Period Owing to Increased Consumer Demand

Persistence Market Research (PMR)

Persistence Market Research (PMR)

A magnetic plastic is a non-metallic magnet made from an organic polymer. PANiCNQ, which is a combination of tetracyanoquinodimethane (TCNQ) and emeraldine-based polyaniline (PANi) is an example of a magnetic plastic. PANiCNQ was created by researchers at the University of Durham in 2004 and was the first magnetic plastic to function at room temperature. PANiCNQ is a conductive polymer that is stable in air and is 1/100th the strength of conventional metal magnets. When combined with the free radical-forming TCNQ as an acceptor molecule, it can mimic the mechanism of metallic magnets. Magnetic plastics could lead to the development of inexpensive and flexible devices for quantum computing and superconducting electronics.

Magnetic plastics have several advantages over their metallic counterparts, such as being less dense and are useful in applications where weight is a concern. Magnetic plastics have superior cost-performance ratio and can be produced in a large variety of shapes. Sprayed magnets are typical composite materials. The magnetic powder is embedded in thermoplastics (polyamides), allowing the most diverse shapes to be created. Magnetic plastics are free from surface corrosion. Hence they can be used in numerous application fields without additional coating.

Request Report Sample@ https://www.persistencemarketresearch.com/samples/4589


Magnetic plastics have applications in food, electronics and medical industry. Magnetic plastics are used in computer hardware, for example as disc drives and in medical devices such as cochlear implants and pacemakers where the organic material is more likely to be biocompatible than its metallic counterpart. These can be used to manufacture magnetic switches or inductive assemblies. In the food industry, magnetic plastics are used to manufacture tanks, moulds, scrapers, housings and other parts. These components do not always come into direct contact with foodstuffs but may contaminate the food with parts of different sizes if damaged. This has given rise to the demand that all plastic parts, which may come into contact with food should be detectable and suit-able for use in the food sector. Magnetic plastics can also be used to manufacture magnetic deflector beams, magnetic rollers for color television sets, rotating magnets in motors for office equipment, cooling fans, magnets for rotational or frequency sensor and motors in the automotive industry among others.

Magnetic plastics are produced by embedding hard ferrite or rare earth magnet powder in plastic. First, the magnet powder and the plastic are mixed in special equipment. Then the mixture is pressed or processed in modified injection molding machines. This process achieves very narrow tolerances, so that post processing is normally unnecessary. The demand for magnetic plastics will be driven by growth in consumer industry. As there is increase in production of personal computers, mobile phones and generators, there will be increase in consumption of magnetic plastics.

Asia Pacific is the largest market for magnetic plastics. China is the dominant country market in Asia Pacific, accounting for majority of the magnetic plastics market in Asia Pacific. Most of the larger manufacturing units are located outside the developed economies particularly in emerging economies, to take advantage of lower labor costs and overheads. South East Asian countries, India, South Africa and Brazil are expected to have significant growth in near future.

Some of the key players in this market are OM Group, ALL Magnetics Inc, ThyssenKrupp, Arnold Magnetic Technologies and Kolektor Magnet Technology GmbH among others.

Visit For TOC@https://www.persistencemarketresearch.com/toc/4589

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Adoption of Magnetic Plastics Market to Surge During the Forecast Period Owing to Increased Consumer Demand here

News-ID: 1483519 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Magnet

NdFeB Market Size, Share & Analysis 2025 | Neodymium Magnet, Rare-Earth Magnet I …
Global NdFeB (Neodymium Iron Boron) Magnets Market reached US$ 14.0 billion in 2022 and is expected to reach US$ 23.7 billion by 2031, growing with a CAGR of 6.9% during the forecast period 2024-2031. NdFeB Magnets Market Industry Outlook - Strategic Insights for 2025 NdFeB Magnets Market is witnessing transformative growth in 2025, driven by evolving consumer demand, technology disruption, and sustainability trends. The newly released market research report by DataM Intelligence
Global Magnet Assemblies & Magnet Market Size by Application, Type, and Geograph …
USA, New Jersey- According to Market Research Intellect, the global Magnet Assemblies & Magnet market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The magnet assemblies and magnet market is experiencing steady growth due to rising demand across industries such as automotive, electronics, renewable energy, and
Why is QCM Shuttering Magnet the best choice for precast concrete magnet?
What are the advantages of QCM Shuttering Magnet? .Magnet Magnet is the core raw material of shuttering magnet, for precast magnet its main two properties are crucial. 1, the residual magnetism Br: the magnetization of ferromagnetic materials to remove the magnetic field, the magnetization of the magnetized ferromagnet on the remaining magnetization strength, which directly affects the shuttering magnet [https://www.pcshutteringmagnet.com/precast-concrete-magnets/] suction, the higher the magnet performance Br the greater. 2, endowed coercivity Hcj: endowed
Why are permanent magnet motors permanent magnet motors more efficient?
The permanent magnet synchronous motor [https://www.cndfdmotor.com/ty2-series-high-efficiency-permanent-magnet-synchronous-motor/] is mainly composed of a stator, a rotor and a housing. Like ordinary AC motors, the stator core is a laminated structure to reduce iron loss due to eddy current and hysteresis effects during motor operation; the winding is usually a three-phase symmetrical structure, but the parameter selection is quite different. The rotor part has various forms, including permanent magnet rotors with starting squirrel
Magnet Wire Market Report 2024 - Magnet Wire Market Trends, Share, And Forecast
"The Business Research Company recently released a comprehensive report on the Global Magnet Wire Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
What does the magnet N35 mean? How many Gauss of N35 magnet?
What does magnet N35 [https://www.magnet-supplier.com/] mean? N35 is a brand of NdFeB magnet. N refers to NdFeB; N35 N38 N40 N42 N45 N48, etc. It is arranged in this way. The higher the brand, the stronger the magnetism, the more expensive the price is.At present, the most commonly used model is N35, which represents the maximum magnetic energy product. The maximum magnetic energy product of N35 NdFeB material is about 35