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Worldwide Ferrite Magnets Market 2019 will reach 4340 million US$ in 2024|Top Players: TDK, Magnetic, Hitachi Metals, FDK, JFE, TOKIN, ARNORD

03-19-2019 10:47 AM CET | Energy & Environment

Press release from: Orian Research

Ferrite Magnets Market

Ferrite Magnets Market

Ferrite Magnets Market studies as Ceramic Magnets, Ceramic Ferrite Magnets, Feroba Magnets and Hard Ferrite Magnets. Ceramic Ferrite magnets are one of the most widely used permanent magnet materials in the world. Ferrite magnets are a low cost magnet material perfectly suited for higher volume production runs.

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In global market, the production of ferrite magnets increases from 1406 K MT in 2011 to 1540 K MT in 2015, at a CAGR about 2.3%. In 2015, the global ferrite magnets market is led by China, capturing about 52.30% of global ferrite magnets production. Japan is the second-largest region-wise market with 13.82% global production share. At present, the major manufacturers of ferrite magnets are concentrated in TDK, Magnetic, Hitachi Metals, FDK, Ferroxcube, DMEGC and JPMF. TDK is the world leader, holding 7.36 % production market share in 2015.

Asia Pacific was the largest regional market for ferrite magnets. Southeast Asia is also expected to witness fastest growth, at an estimated CAGR of 3.2% from 2011 to 2015.

China and Japan are expected to witness demand growth at an estimated CAGR of 2.0% and 2.4% from 2011 to 2015, respectively.

Global Ferrite Magnets Market is spread across 139 pages, profiling 16 top companies and supported with tables and figures.

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Ferrite Magnets Industry Segment by Manufacturers:
• TDK, Magnetic, Hitachi Metals, FDK, JFE, TOKIN, ARNORD, FEELUX, Ferroxcube, DMEGC, JPMF, Jinchuan Electronics, TDG, Sinomag, FENGHUA and ACME

The worldwide market for Ferrite Magnets is expected to grow at a CAGR of roughly -0.5% over the next five years, will reach 4340 million US$ in 2024, from 4480 million US$ in 2019, according to a new study.

This report focuses on the Ferrite Magnets in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Types can be divided into:
• Soft Ferrites Magnets
• Permanent Ferrite Magnets
• Others

Market Segment by Applications can be divided into:
• Household Appliances & consumer Electronics
• Computer & office Equipment
• Automobile
• Others

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

Contact Us:
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US +1 (415) 830-3727 | UK +44 020 8144-71-27
Email: info@orianresearch.com
Website: www.orianresearch.com/
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