09.05.2017 19:20:00
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Global Magnetic Materials Market 2017-2021
LONDON, May 9, 2017 /PRNewswire/ -- About Magnetic Materials
Magnetic materials are those materials that either inherently possess magnetic properties or can be magnetized using an external magnetic field. Magnetic materials can be broadly categorized into hard and soft magnetic materials. The applications of magnetic materials include automotive and transportation, electronics and instrumentation, industrial applications, energy generation, medical equipment, defense, and information technology. Magnetic materials have natural magnetic properties and are used for creating a magnetic field. The magnetic field produced has the capacity to attract other ferromagnetic materials.
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Technavio's analysts forecast the global magnetic materials market to grow at a CAGR of 9.10% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global magnetic materials market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• APAC
• Europe ;
• North America
• ROW
Technavio's report, Global Magnetic Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Arnold Magnetic Technologies
• Daido Steel
• Hitachi Metals
• Lynas Corporation
• TDK Corporation
Other prominent vendors
• Adams Magnetic Products
• A.K. Steel Holding Corporation
• BGRIMM Magnetic Materials & Technology
• Dexter Magnetic Technologies
• Dura Magnetics
• Electron Energy Corporation
• GKN Sinter Metals
• Hengdian Group DMEGC Magnetics
• Neo
• Ningbo Vastsky Magnet
• Shin-Etsu Chemical
• Sintex
• Steward Advanced Materials
• Tengam Engineering
• Toshiba Materials
• VACUUMSCHMELZE
• Zhejiang Kaiven Magnet Company
Market driver
• Increase in demand from automotive and transportation, and energy generation segments.
• For a full, detailed list, view our report
Market challenge
• Scarcity and disproportionate availability of rare-earth metals.
• For a full, detailed list, view our report
Market trend
• Increased use of amorphous and nanocrystalline magnetic materials.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-magnetic-materials-market-2017-2021-300454426.html
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