Press release
Global Magnet Materials Market Is Anticipated to Reach US$ 14210 million by 2029, growing at a CAGR of 11.2% During 2023-2039
Magnetic materials, commonly referred to the strong magnetic substance, they are ancient and widely used functional materials. Magnetic materials have been widely used in our lives.The global Magnet Materials market size is expected to reach US$ 14210 million by 2029, growing at a CAGR of 11.2% from 2023 to 2029. The market is mainly driven by the significant applications of Magnet Materials in various end use industries. The expanding demands from the Automotive & Aerospace, Energy & Power, Industrial Equipment and Consumer Electronics&Home Appliance, are propelling Magnet Materials market. Permanent Magnetic Materials, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Soft Magnetic Materials segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is the largest Magnet Materials market with about 66% market share. North America is follower, accounting for about 15% market share.The key manufacturers are Hitachi Metals Group, TDK, Zhong Ke San Huan Hi-Tech, DMEGC Magnetics, JPMF, Ningbo Yunsheng, AT&M, Shin-Etsu, Zhenghai Magnetic Material, Innuovo, VAC, Arnold Magnetic, Galaxy Magnets, TDG, JL MAG etc. Top 3 companies occupied about 44% market share.
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Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnet Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnet Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnet Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnet Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnet Materials covered in this report include Hitachi Metals Group, TDK, Zhong Ke San Huan Hi-Tech, DMEGC Magnetics, JPMF, Ningbo Yunsheng, AT&M, Shin-Etsu and Zhenghai Magnetic Material, etc.
The global Magnet Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hitachi Metals Group
TDK
Zhong Ke San Huan Hi-Tech
DMEGC Magnetics
JPMF
Ningbo Yunsheng
AT&M
Shin-Etsu
Zhenghai Magnetic Material
Innuovo
VAC
Arnold Magnetic
Galaxy Magnets
TDG
JL MAG
Global Magnet Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnet Materials market, Segment by Type:
Permanent Magnetic Materials
Soft Magnetic Materials
Global Magnet Materials market, by Application
Automotive & Aerospace
Energy & Power
Industrial Equipment
Consumer Electronics&Home Appliance
Scientific & Medical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnet Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnet Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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