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Rare Earth Magnets Market Size, Share, Development by 2024– Top Key players like Galaxy Magnetic,Daido Electronics,Innuovo Magnetics,Inc.
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Rare-earth magnets are strong permanent magnets made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets. The magnetic field typically produced by rare-earth magnets can exceed 1.4 teslas, whereas ferrite or ceramic magnets typically exhibit fields of 0.5 to 1 tesla. There are two types: neodymium magnets and samarium–cobalt magnets. Magnetostrictive rare-earth magnets such as Terfenol-D also have applications, e.g. in loudspeakers. Rare-earth magnets are extremely brittle and also vulnerable to corrosion, so they are usually plated or coated to protect them from breaking, chipping, or crumbling into powder.
Global Rare Earth Magnets market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Rare Earth Magnets.
This report researches the worldwide Rare Earth Magnets market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
Market Segment by Manufacturers, this report covers
Galaxy Magnetic
Adams Magnetic Products
Daido Electronics
Innuovo Magnetics
Yunsheng Company
AT&M
Magsuper
Earth- Panda
Master Magnetics
Market Segment by Type, covers
Samarium Cobalt (SmCo)
Neodymium (Nd-Fe-B)
Market Segment by Applications, can be divided into
High Efficiency Motors
Electronics
Turbine Generators
Others
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Related Information:
North America Rare Earth Magnets Market Growth 2019-2024
United States Rare Earth Magnets Market Growth 2019-2024
Asia-Pacific Rare Earth Magnets Market Growth 2019-2024
Europe Rare Earth Magnets Market Growth 2019-2024
EMEA Rare Earth Magnets Market Growth 2019-2024
Global Rare Earth Magnets Market Growth 2019-2024
China Rare Earth Magnets Market Growth 2019-2024
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