Permanent Magnets market Analysis and Demand

(EMAILWIRE.COM, December 12, 2018 ) Permanent Magnets is a material that produces a magnetic field. Permanent magnets are made from ferromagnetic materials, such as iron, and are created when the material is placed inside of a magnetic field. When the magnetic field is removed, the object remains magnetized. Permanent magnets have a permanent magnetic field and do not turn on and off like electromagnets do.
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.
Major Key Players :
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,
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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.
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 7 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

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats

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 Application
5.1 Introduction
5.2 Aerospace
5.3 Automotive
5.7 Other Applications

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Arnold Magnetic Technologies
10.2 Adams Magnetic Products Co
10.3 Dexter Magnetic Technologies Inc
10.4 Electron Energy Corporation
10.5 Hitachi Metals Ltd
10.6 Lynas Corporation Ltd
10.7 Molycorp Inc
10.8 Shin-Etsu Chemical Co. Ltd
10.9 Ningbo Yunsheng Co. Ltd
10.10 Thomas & Skinner Inc.
10.11 Ninggang Permanent Magnetic Materials Co. Ltd
10.12 Anhui Earth-Panda Advance Magnetic Material Co. Ltd
10.13 Bunting Magnetics Co.
10.14 Daido Steel Co. Ltd
10.15 Eclipse Magnetics Ltd
10.16 Goudsmit Magnetics Group
10.17 Hangzhou Permanent Magnet Group
10.18 JPMF Guangdong Co. Ltd
10.19 Molycorp Magnequench
10.20 OM Group
10.21 Tengam Engineering Inc
10.22 Vacuumschmelze GmbH & Co. KG
10.23 TDK Corporation
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