08-11-2017 02:50 PM CET - Advertising, Media Consulting, Marketing Research

Permanent Magnets market is accounted for $18.9 billion in 2015, and is projected to register a CAGR of 9.6% to reach $36.1 billion by 2022

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.

A new research document with title 'Permanent Magnets - Global Market Outlook (2016-2022)' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Asia-Pacific, South America ,Middle East ,Africa and important players/vendors such as Arnold Magnetic Technologies, Adams Magnetic Products Co, Dexter Magnetic Technologies Inc................The report will help user gain market insights, future trends and growth prospects for forecast period of 2022

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According to Research, The Global Permanent Magnets market is accounted for $18.9 billion in 2015, and is projected to register a CAGR of 9.6% to reach $36.1 billion by 2022. The permanent magnets market growth has been impelled by accessibility of fine quality neo magnets and ferrite magnets with lesser dysprosium content, which are also expected to lead the market with rapid growth during the forecast period. Growth of global automobile industry is estimated to be a key factor driving permanent magnets market. Factors such as significant growth of automotive industry owing to rising population and technological advancement are the primary driving factors for the permanent magnets market. They are extensively used for a varied range of applications in automotives including economy and pollution control. However, factors such as absence of quality control spread across developing countries, variation in costs of raw materials and incompetence to undertake massive investments required in R&D and technology are hampering the growth of this market.

Changing trend towards renewable energy has also contributed to the growth of permanent magnets market. Permanent magnets play a major role in wind energy generation. As the energy is a scarce resource and demand for energy is continuously increasing, the renewable energy plays a crucial role. Permanent magnets are also used in wind turbine which is liable for generating AC electricity. On the other hand, an unpredictable price of raw materials including Neodymium (Nd), Dysprosium (Dy), Boron (B) and Iron (Fe) is expected to hamper the market growth over the projected period. Many large scale manufacturers had to substitute NdFeB magnets with ferrite magnets for certain automotive and wind energy generation applications due to the price variation, while other medium scale and small scale companies were extensively affected, resulting in termination.

Some of the key players in global permanent magnets market include Arnold Magnetic Technologies, Adams Magnetic Products Co, Dexter Magnetic Technologies Inc, Electron Energy Corporation, Hitachi Metals Ltd, Lynas Corporation Ltd, Molycorp Inc, Shin-Etsu Chemical Co. Ltd, Ningbo Yunsheng Co. Ltd, Thomas & Skinner Inc., Ninggang Permanent Magnetic Materials Co. Ltd, Anhui Earth-Panda Advance Magnetic Material Co. Ltd, Bunting Magnetics Co., Daido Steel Co. Ltd, Eclipse Magnetics Ltd, Goudsmit Magnetics Group, Hangzhou Permanent Magnet Group, JPMF Guangdong Co. Ltd, Molycorp Magnequench, OM Group, Tengam Engineering Inc, Vacuumschmelze GmbH & Co. KG and TDK Corporation.

Product Types Covered:
• Alnico Magnets
• Ferrite Magnets
• Samarium Cobalt (SmCo)
• Neodymium-iron-boron (NdFeB)

Applications Covered:
• Energy Generation
• Automotive
• Electronics
• Other Applications

End Users Covered:
Aerospace & Defense
• Automotive Industry
Consumer Electronics
• Environment & Energy
• General Industrial
• Medical Technology
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Buy this report @ www.htfmarketreport.com/buy-now?format=1&report=627050

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Permanent Magnets Market, By Product Type
5.1 Introduction
5.2 Alnico Magnets
5.3 Ferrite Magnets
5.4 Samarium Cobalt (SmCo)
5.5 Neodymium-iron-boron (NdFeB)

6 Global Permanent Magnets Market, By Application
6.1 Introduction
6.2 Energy Generation
6.3 Automotive
6.4 Electronics
6.5 Other Applications


View Detailed Table of Content @ www.htfmarketreport.com/reports/627050-permanent-magnets-...

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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

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Nidhi Bhavsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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New Jersey USA – 08837
+1 (206) 317 1218

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