2024 Global Outlook for Dental Liners and Bases: Industry Demand, Innovations, and Market Drivers

"The Business Research Company recently released a comprehensive report on the Global Dental Liners and Bases 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.

According to The Business Research Company's, The dental liners and bases market size has grown strongly in recent years. It will grow from $1.4 billion in 2023 to $1.48 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to advancements in cosmetic dentistry, increasing aesthetic awareness, celebrity influences, rising disposable income, social media impact.

The dental liners and bases market size is expected to see steady growth in the next few years. It will grow to $1.73 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to aging population demands:, economic growth in emerging markets, integration of 3d printing in dentistry, focus on minimally invasive cosmetic dentistry, telemedicine and virtual consultations. Major trends in the forecast period include customization and digital smile design, technological advancements in veneer materials, technological innovations in dentistry, surge in demand for non-invasive cosmetic dentistry, rising popularity of minimal-prep and no-prep veneers.

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Market Drivers and Trends:

The rise in demand for compact and efficient magnets is expected to propel the growth of the electronic device magnet market going forward. Compact and efficient magnets refer to magnets with high magnetic strength and compact sizes that can be used in industrial automation, robotics, electric vehicles, and the expansion of the renewable energy sector. Compact and efficient magnets are used in electronic devices for functionalities like sensors, actuators, and data storage, enhancing miniaturization, energy efficiency, and overall device performance by facilitating efficient magnet integration. For instance, in June 2022, according to the Bureau of Industry and Security (BIS), a US-based government agency, the US is heavily reliant on imports for its sintered NdFeB magnets, with 75% of its supply coming from China in 2021. The remaining 9%, 5%, and 4% come from Japan, the Philippines, and Germany respectively. Therefore, the rise in demand for compact and efficient magnets is driving the growth of the electronic device magnet market.

Major companies operating in the electronic device magnet market are developing innovative technologies, such as clean earth magnet technology, to reduce the cost of magnets used for electronic device production. Clean earth magnet technology is the development of permanent magnets using iron nitride, a material that is abundant, affordable, and environmentally friendly. For instance, in 2023, Niron Magnetics, a US-based startup that develops sustainable and rare earth material free magnets for electric vehicles (EVs) and other electronic devices, developed clean-earth magnets using iron nitride, which is abundant and inexpensive compared to rare-earth minerals. The magnets demonstrate performance and temperature stability equal to, or better than, those of rare earth magnets. The magnets can be used in consumer electronics, industrial motors, pumps, compressors, wind turbines, and other products.

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Major Key Players of the Market:

Shin-Etsu Chemical Co. Ltd., TDK Corporation, Hitachi Metals Ltd., Yantai Shougang Magnetic Materials Inc., Vacuumschmelze GmbH & Co. KG, Yantai Zhenghai Material Co. Ltd., Arnold Magnetic Technologies, Hangzhou Permanent Magnet Group, Thomas & Skinner Inc., Magx America Inc., Bunting Magnetics Co., Industrial Magnetics Inc., Electron Energy Corporation, Magnum Magnetics Corporation, Viona Magnetics, JPMF Guangdong Co. Ltd., Ninggang Permanent Magnetic Materials Co. Ltd., Intermetallics Japan Corporation, Ningbo Co-Star Materials Hi-Tech Co. Ltd., Risheng Magnets International Co. Ltd., Molyco*rp Magnequench, Permanent Magnets Ltd., Magnetic Hold Inc., OneMonroe (Monroe Engineering Products), Magnetic Component Engineering, Integrated Magnetics, Magnet Technology$1.73 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%.
• Rise In Prevalence Of Dental Caries Sparks Growth In The Market
• Introducing High-Impact Denture Resin For Enhanced Dental Restorations
• North America was the largest region in the dental liners and bases market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental liners and bases market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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