Magnetic Materials Market Size, Share, Analysis, Trends, Growth Report, 2032
Magnetic Materials Market Size - By Product Type (Soft Magnetic Materials, Semi-Hard Magnetic Materials, And Hard Magnetic Materials) And By Application (Industrial, Electronics, Power Generation, And Automotive), By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 18.67 Billion | USD 33.53 Billion | 6.72% | 2023 |
Table Of Content
- Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- Chapter 2. Executive Summary
- 2.1. Global Magnetic Materials market, 2016-2025 (USD Billion) (Tons)
- 2.2. Global Magnetic Materials market: snapshot
- Chapter 3. Magnetic Materials Market - Industry Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Global Magnetic Materials market drivers: impact analysis
- 3.2.2. Growing Automotive Industry
- 3.3. Market Restraints
- 3.3.1. Global Magnetic Materials market restraints: impact analysis
- 3.3.2. The volatility of raw material prices
- 3.4. Opportunities
- 3.4.1. Development of New Technologies
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis, by Product Type
- 3.6.2. Market attractiveness analysis, by Application
- 3.6.3. Market attractiveness analysis, by Region
- Chapter 4. Global Magnetic Materials Market - Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Magnetic Materials market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product Type launch
- 4.2.3. Agreements, partnerships, collaborations, and joint ventures
- 4.2.4. Research and development and regional expansion
- 4.1. Company market share analysis
- Chapter 5. Global Magnetic Materials Market - Product Type Analysis
- 5.1. Global Magnetic Materials market: Product Type overview
- 5.1.1. Global Magnetic Materials market revenue & volume share, by Product Type, 2018 and 2025
- 5.2. Soft Magnetic Materials
- 5.2.1. Global Magnetic Materials market for Soft Magnetic Materials, 2016-2025 (USD Billion) (Tons)
- 5.3. Semi-hard Magnetic Materials
- 5.3.1. Global Magnetic Materials market for Semi-hard Magnetic Materials, 2016-2025 (USD Billion) (Tons)
- 5.4. Hard Magnetic Materials
- 5.4.1. Global Magnetic Materials market for Hard Magnetic Materials, 2016-2025 (USD Billion) (Tons)
- 5.1. Global Magnetic Materials market: Product Type overview
- Chapter 6. Global Magnetic Materials Market - Application Analysis
- 6.1. Global Magnetic Materials market: Application overview
- 6.1.1. Global Magnetic Materials market revenue & volume share, by Application, 2018 and 2025
- 6.2. Industrial
- 6.2.1. Global Magnetic Materials market for Industrial, 2016-2025 (USD Billion) (Tons)
- 6.3. Electronics
- 6.3.1. Global Magnetic Materials market for Electronics, 2016-2025 (USD Billion) (Tons)
- 6.4. Power Generation
- 6.4.1. Global Magnetic Materials market for Power Generation, 2016-2025 (USD Billion) (Tons)
- 6.5. Automotive
- 6.5.1. Global Magnetic Materials market for Automotive, 2016-2025 (USD Billion) (Tons)
- 6.1. Global Magnetic Materials market: Application overview
- Chapter 7. Global Magnetic Materials Market- Regional Segment Analysis
- 7.1. Global Magnetic Materials market: regional overview
- 7.1.1. Global Magnetic Materials Market revenue & volume share, by region, 2018 and 2025
- 7.2. North America
- 7.2.1. North America Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.2.2. North America Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.2.3. The U.S.
- 7.2.3.1. The U.S. Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.2.3.2. The U.S. Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.3. Europe
- 7.3.1. Europe Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.3.2. Europe Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.3.3. UK
- 7.3.3.1. UK Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.3.3.2. UK Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.3.4. Germany
- 7.3.4.1. Germany Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.3.4.2. Germany Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.3.5. France
- 7.3.5.1. France Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.3.5.2. France Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.4.2. Asia Pacific Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.4.3. China
- 7.4.3.1. China Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.4.3.2. China Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.4.4. Japan
- 7.4.4.1. Japan Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.4.4.2. Japan Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.4.5. India
- 7.4.5.1. India Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.4.5.2. India Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.5. Latin America
- 7.5.1. Latin America Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.5.2. Latin America Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.5.3. Brazil
- 7.5.3.1. Brazil Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.5.3.2. Brazil Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.6. The Middle East and Africa
- 7.6.1. The Middle East and Africa Magnetic Materials Market revenue & volume, by Product Type, 2016-2025 (USD Billion) (Tons)
- 7.6.2. The Middle East and Africa Magnetic Materials Market revenue & volume, by Application, 2016-2025 (USD Billion) (Tons)
- 7.1. Global Magnetic Materials market: regional overview
- Chapter 8. Company Profile
- 8.1. Zhejiang Kaiven Magnet Company
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product Type portfolio
- 8.1.4. Business strategy
- 8.1.5. Recent developments
- 8.2. Ningbo Vastsky Magnet
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product Type portfolio
- 8.2.4. Business strategy
- 8.2.5. Recent developments
- 8.3. Dexter Magnetic Technologies
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product Type portfolio
- 8.3.4. Business strategy
- 8.3.5. Recent developments
- 8.4. Tengam Engineering
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product Type portfolio
- 8.4.4. Business strategy
- 8.4.5. Recent developments
- 8.5. A.K. Steel Holding Corporation
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product Type portfolio
- 8.5.4. Business strategy
- 8.5.5. Recent developments
- 8.6. Shin-Etsu Chemical
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product Type portfolio
- 8.6.4. Business strategy
- 8.6.5. Recent developments
- 8.7. Electron Energy Corporation
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product Type portfolio
- 8.7.4. Business strategy
- 8.7.5. Recent developments
- 8.8. Steward Advanced Materials
- 8.8.1. Overview
- 8.8.2. Financials
- 8.8.3. Product Type portfolio
- 8.8.4. Business strategy
- 8.8.5. Recent developments
- 8.9. BGRIMM Magnetic Materials & Technology
- 8.9.1. Overview
- 8.9.2. Financials
- 8.9.3. Product Type portfolio
- 8.9.4. Business strategy
- 8.9.5. Recent developments
- 8.1. Zhejiang Kaiven Magnet Company
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Magnetic Materials Market revenue & volume, 2016–2025 (USD Billion) (Tons)
4. Porter’s Five Forces Analysis
5. Magnetic Materials market attractiveness analysis, by Product Type
6. Magnetic Materials market attractiveness analysis, by Application
7. Magnetic Materials market: market attractiveness analysis, by region
8. Company market share analysis, 2018
9. Global Magnetic Materials Market revenue & volume share by Product Type, 2018 and 2025
10. Global Magnetic Materials market for Soft Magnetic Materials, 2016–2025 (USD Billion) (Tons)
11. Global Magnetic Materials market for Semi-hard Magnetic Materials, 2016–2025 (USD Billion) (Tons)
12. Global Magnetic Materials market for Hard Magnetic Materials, 2016–2025 (USD Billion) (Tons)
13. Global Magnetic Materials Market revenue & volume share by Application, 2018 and 2025
14. Global Magnetic Materials market for Industrial, 2016–2025 (USD Billion) (Tons)
15. Global Magnetic Materials market for Electronics, 2016–2025 (USD Billion) (Tons)
16. Global Magnetic Materials market for Power Generation, 2016–2025 (USD Billion) (Tons)
17. Global Magnetic Materials market for Automotive, 2016–2025 (USD Billion) (Tons)
Table Of Tables
List of Tables
1. Magnetic Materials market: market snapshot
2. Drivers of the global Magnetic Materials market: impact analysis
3. Restraints of the global Magnetic Materials market: impact analysis
4. North America Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
5. North America Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
6. The U.S. Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
7. The U.S. Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
8. Europe Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
9. Europe Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
10. UK Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
11. UK Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
12. Germany Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
13. Germany Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
14. France Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
15. France Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
16. Asia Pacific Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
17. Asia Pacific Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
18. China Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
19. China Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
20. Japan Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
21. Japan Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
22. India Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
23. India Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
24. Latin America Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
25. Latin America Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
26. Brazil Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
27. Brazil Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
28. The Middle East and Africa Magnetic Materials Market revenue & volume, by Product Type, 2016–2025 (USD Billion) (Tons)
29. The Middle East and Africa Magnetic Materials Market revenue & volume, by Application, 2016–2025 (USD Billion) (Tons)
Methodology
FrequentlyAsked Questions
Magnetic materials are magnet-attractive or magnet-repellent. The alignment of atomic or molecule magnetic moments defines these materials. Iron, nickel, cobalt, and their alloys and compounds are examples. Magnetic materials are essential for electromagnetism, data storage (like hard drives), magnetic separation, and medical diagnostics using MRI.
The global magnetic materials market is likely to experience notable growth in the future, owing to the increasing demand for permanent magnets across different industry verticals. Permanent magnets are widely used in wind turbines for the generation of renewable energy.
According to the report, the global magnetic materials market size was worth around USD 18.67 billion in 2023 and is predicted to grow to around USD 33.53 billion by 2032.
The global magnetic materials market is expected to grow at a CAGR of 6.72% during the forecast period.
Asia Pacific region held an extensive share of the global magnetic materials market and is expected to continue with its regional authority in the upcoming years as well.
Some key industry players operating in the global magnetic materials market include Zhejiang Kaiven Magnet Company, Ningbo Vastsky Magnet, Dexter Magnetic Technologies, Tengam Engineering, A.K. Steel Holding Corporation, Shin-Etsu Chemical, Electron Energy Corporation, Steward Advanced Materials, BGRIMM Magnetic Materials & Technology, Toshiba Materials, Hengdian Group DMEGC Magnetics, Adams Magnetic Products, GKN Sinter Metals, Sintex, Dura Magnetics, and Neo.
The global magnetic materials market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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