Magnetic Polymer Market Scope and overview | Manufacturers Thyssenkrupp AG, Sura Magnets AB, Bomatec AG, Etc

𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Magnetic polymers usually include powders such as Fe3O4, CoFe2O4, strontium ferrite, and nickel. They also often include chosen matrix products such as epoxies, polyurethanes, and polyimides. Magnetic polymers have weaker magnetic properties than cast or sintered magnets. They are used to produce durable and reliable materials.

Magnetic polymers are lightweight; therefore, they are used in motors, sensors, etc. in the automobile sector. They can be used in brushless DC motors and sensors to improve man-machine interaction, noise reduction, and energy savings. Magnetic polymers can be applied to electromagnetic shielding, printer magnetic roller, magnetic connector, and other smart devices such as mobile phones and computers. Organic-based magnetic materials are used for the manipulation of polarized light in optical devices. The magnetic polymer tetracyanoethylene plays a vital role in the development of organic-based magnetic materials. Organic polymers are also used to produce magnetic plastics.

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.transparencymarketresearch.com/magnetic-polymer-market.html

𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏

The global magnetic polymer market was valued at US$ 37.8 Mn in 2021

It is estimated to grow at a CAGR of 8.1 % from 2022 to 2031

The global magnetic polymer market is expected to reach US$ 66.1 Mn by the end of 2031

𝐇𝐢𝐠𝐡 𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐋𝐨𝐰 𝐕𝐨𝐥𝐮𝐦𝐞 & 𝐖𝐞𝐢𝐠𝐡𝐭 𝐏𝐫𝐨𝐩𝐞𝐥𝐥𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Complexity in electrical control systems of vehicles has increased, as automotive companies are responding to the need to manufacture vehicles that use less fuel and emit lower carbon. This has led to widespread application of magnetic polymers in the manufacture of automotive actuators and drives. In turn, this has increased the need to produce magnetic polymers, which can be fabricated with complex shapes and geometries.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84887 

Magnetic polymer beads and nanoparticles are under R&D for their usage in cancer treatment and drug delivery. Various studies are focusing on improving the magnetic properties of polymers and drug carriers; and developing technologies for cost-effective scale-up of magnetic systems. Hybrid nanomaterials based on bifunctional proteins, conducting polymers, biopolymers, etc. offer potential for diagnosis and treatment of serious diseases including cancer. High potential of polymer-assisted magnetic assemblies in diagnosis and treatment of serious diseases can be ascribed to their controllable magnetic properties and collective functions.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

Asia Pacific accounted for major share of the global magnetic polymer market in 2021. The region is expected to continue its dominance during the forecast period. This can be ascribed to the increase in production and usage of magnetic polymers in China. The country has abundant reserves of rare earth metal deposits, which are used in the production of magnetic polymers.

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

𝐆𝐞𝐭 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐛𝐮𝐲𝐢𝐧𝐠: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84887  

𝐂𝐡𝐞𝐚𝐩𝐞𝐫 𝐂𝐨𝐬𝐭 𝐨𝐟 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐂𝐨𝐦𝐩𝐚𝐫𝐞𝐝 𝐭𝐨 𝐏𝐞𝐫𝐦𝐚𝐧𝐞𝐧𝐭 𝐌𝐚𝐠𝐧𝐞𝐭𝐬

The cost of polymeric magnets is comparatively lower than that of permanent or ferrite magnets. Polymeric magnets can also be produced at a relatively lower cost than permanent or ferrite magnets once the setup is installed. Polymeric magnets have relatively high-temperature resistance, without any significant loss of magnetic properties. They can be molded multiple times, unlike magnets that need heavy processing. Application of ultrafine magnetic polymer composites activated by a chelated paint dispersion and coupling agent can improve covering ability, abrasion resistance, adhesion, impact resistance, and flexibility, as well as color intensity and reflection. It can reduce the quantity of dispersants used in latex paints by preventing pigment settling.

Magnetic polyamide composites can be produced at a low cost despite their high energy. Additionally, mixing of oxide type magnet powder with rare earth element type magnet powder enables the absolute value of negative magnetic temperature coefficient of ferrite magnet to be reduced to 0 due to mutual compensation of respective magnetic temperature coefficients. As the compounding ratio of the rare earth element type magnet increases, the coefficient becomes positive.

𝐂𝐥𝐢𝐜𝐤 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84887 

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐏𝐨𝐥𝐲𝐞𝐩𝐨𝐱𝐢𝐝𝐞 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of material, the global magnetic polymer market has been divided into polyepoxides, polyurethanes, polyimides polydimethylsiloxan (PDMS), and others. The polyepoxides segment held around 47% share of the global magnetic polymer market in 2021. Polyepoxides are polyglycidyl ethers of polyphenol alkanes with high glass transition temperatures. The powder form of polyepoxides contains a latent imidazole curing agent. The powder is mixed with rare earth-iron alloy particles. The mixture is then compacted. The resultant compact is heated to melt the powder and activate the curing agent. Alloy particles in the resultant magnet body are exceptionally resistant to flux loss upon aging.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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