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Magnetic Materials Market By Type, By Application, By End-User Forecasts To 2027

  • ID: 5206596
  • Report
  • July 2020
  • Region: Global
  • 236 pages
  • Reports and Data

FEATURED COMPANIES

  • Daido Steel Co. Ltd
  • Hitachi Metals Ltd.
  • Lynas Corporation Ltd.
  • Molycorp Magnequench
  • TDK Corporation
  • Tengam Engineering Inc.
Growing demand from end-use industries, rise in development & modernization of infrastructure, and expansion of the automotive industry, are some factors propelling market growth.

Market Size - USD 73.52 billion in 2019, Market Growth - CAGR of 9.3%, Market Trends -Proliferation of advanced technologies.

The global magnetic materials market size was valued at USD 75.52 billion in 2019 and is estimated to garner USD 143.87 billion in terms of revenue, delivering a CAGR of 9.3% through 2027, according to our latest assessment. Market growth is driven by growing product demand from the automotive industry, increasing demand for power generation, and miniaturization of devices, such as generators in the hydro-powered and wind turbines.

The automotive industry extensively uses magnets in various components, such as alternators, gearboxes, for pollution control, and others. The expanding product application range with the development of new technologies in the automotive industry is likely to offer lucrative opportunities for the global magnetic materials market growth over the forecast period.

The highly popular trend of modernization and electrification to reduce production costs and enhance efficiencies has proliferated the use of permanent magnets in several end-use industries. In building technology, the utilization of magnetic materials provides advanced solutions to ensure the highest levels of safety, sustainability, and energy efficiency. The product offers industry-specific solutions for life science companies, hospitals, airports, utility companies, hotels, commercial buildings, and other infrastructural projects. The permanent magnets are experiencing extensive utilization in the motors of train doors and lift doors. China is generating a high demand for NdFeB magnets for oil pipelines dewaxing applications. The rise in ore exploration activities in the country will favor magnetic materials market growth.

The volatile prices of rare-earth metals, including dysprosium, neodymium, and samarium, used in the production of magnetic materials may negatively impact industry growth.

The COVID-19 Impact:

The outbreak of COVID-19 has adverse effects on most industry verticals across the globe, and the magnetic materials market had an equally negative impact. With travel restrictions and lockdown situations in most countries, foundries have been closed, and several events have also been canceled, badly affecting magnetic materials industry players. The international trade fairs were also canceled due to lockdowns in several regions of the world. Moreover, key industry participants like the TDK Corporation has sent its workers to quarantine and also started to work with reduced workforce strength. These factors have temporarily halted the growth of the flourishing magnetic materials industry.

Further key findings from the report suggest
  • The effective utilization of electricity, decrease in size of technological devices, and surging demand for faster transmission of data is fuelling the growth of the magnetic material market.
  • Based on product type, the semi-hard magnet segment is leading the market share and is forecast to exhibit a growth rate of 9.5% over the forecast period.
  • In terms of end-use, electronics & telecommunication is set to register the highest growth rate of 9.4% through 2027.
  • In the regional landscape, the Asia Pacific region is estimated to offer lucrative growth opportunities for the global magnetic materials industry, as most multinational companies based in developing economies are shifting their manufacturing sites to the region.
  • According to the Organisation Internationale des Constructeurs d'Automobiles, China has an excellent automobile production rate, which, in turn, is propelling the demand for magnetic materials.
  • Prominent players in the market include Daido Steel Co., Hitachi Metals, Ltd., Ltd, Shin-ETSU Chemical Co., Ltd., Molycorp Magnequench, TDK Corporation, Arnold Magnetic Technologies Corporation, Lynas Corporation Ltd., Electron Energy Corporation, Adams Magnetic Products Co., and Tengam Engineering, Inc. among others.
For the purpose of this report, Reports and Data has segmented the Magnetic Materials Market on the basis of type, application, end-user, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)
  • Hard/Permanent Magnet
  • Semi-Hard Magnet
  • Soft Magnet
Application Outlook (Revenue, USD Billion; 2017-2027)
  • Transformers
  • Motors
  • Inductors
  • Generators
End-User Outlook (Revenue, USD Billion; 2017-2027)
  • Automotive
  • Electronics & Telecommunications
  • Industrial
  • Power Generation
  • Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
  • North America
  • U.S.
  • Europe
  • U.K.
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Magnetic Materials Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Magnetic Materials market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Daido Steel Co. Ltd
  • Hitachi Metals Ltd.
  • Lynas Corporation Ltd.
  • Molycorp Magnequench
  • TDK Corporation
  • Tengam Engineering Inc.
Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Magnetic Materials Market Segmentation & Impact Analysis
4.1. Magnetic Materials Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing Automotive Industry
4.2.2.2. Growth in End-Use Industries
4.2.2.3. Development and Modernization of Infrastructure
4.2.3. Market restraints analysis
4.2.3.1. Volatile Raw Material Prices
4.2.3.2. Requirement of Huge Investment in R&D
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence

Chapter 5. Magnetic Materials Market By Type Insights & Trends
5.1. Type Dynamics & Market Share, 2019 & 2027
5.2. Hard/Permanent Magnet
5.2.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
5.3. Semi-Hard Magnet
5.3.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
5.4. Soft Magnet
5.4.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
5.4.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)

Chapter 6. Magnetic Materials Market By Application Insights & Trends
6.1. Application Dynamics & Market Share, 2019 & 2027
6.2. Transformers
6.2.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
6.2.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
6.3. Motors
6.3.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
6.3.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
6.4. Inductors
6.4.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
6.4.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
6.5. Generators
6.5.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
6.5.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)

Chapter 7. Magnetic Materials Market by End User Insights & Trends
7.1. End User Dynamics and Market share
7.2. Automotive
7.2.1. Market Estimates and Forecasts, 2017-2027(USD Billion)
7.2.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
7.3. Electronics & Telecommunications
7.3.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
7.3.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
7.4. Industrial
7.4.1. Market Estimates and Forecasts, 2017-2027(USD Billion)
7.4.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
7.5. Power Generation
7.5.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
7.5.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)
7.6. Others
7.6.1. Market estimates and forecast, 2017 - 2027 (USD Billion)
7.6.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion)

Chapter 8. Magnetic Materials Market Regional Outlook
8.1. Magnetic Materials Market share By Region, 2019 & 2027
8.2. North America
8.2.1. North America Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.2.2. North America Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.2.3. North America Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.2.4. North America Magnetic Materials Market estimates and forecast by End Users, 2017-2027, (USD Billion)
8.2.5. U.S.
8.2.5.1. U.S. Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.2.5.2. U.S. Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.2.5.3. U.S. Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.2.5.4. U.S. Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.3. Europe
8.3.1. Europe Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.3.2. Europe Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.3.3. Europe Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.3.4. Europe Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.3.5. U.K.
8.3.5.1. U.K. Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.3.5.2. U.K. Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.3.5.3. U.K. Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.3.5.4. U.K. Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.3.6. France
8.3.6.1. France Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.3.6.2. France Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.3.6.3. France Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.3.6.4. France Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.4. Asia-Pacific
8.4.1. Asia-Pacific Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.4.2. Asia Pacific Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.4.3. Asia Pacific Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.4.4. Asia Pacific Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.4.5. China
8.4.5.1. China Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.4.5.2. China Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.4.5.3. China Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.4.5.4. China Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.4.6. India
8.4.6.1. India Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.4.6.2. India Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.4.6.3. India Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.4.6.4. India Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.4.7. Japan
8.4.7.1. Japan Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.4.7.2. Japan Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.4.7.3. Japan Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.4.7.4. Japan Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.5. Middle East and Africa
8.5.1. Middle East and Africa Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.5.2. Middle East and Africa Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.5.3. Middle East and Africa Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.5.4. Middle East and Africa Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.6. Latin America
8.6.1. Latin America Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.6.2. Latin America Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.6.3. Latin America Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.6.4. Latin America Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)
8.6.5. Brazil
8.6.5.1. Brazil Magnetic Materials Market estimates and forecast, 2017 - 2027, (USD Billion)
8.6.5.2. Brazil Magnetic Materials Market estimates and forecast By Type, 2017-2027, (USD Billion)
8.6.5.3. Brazil Magnetic Materials Market estimates and forecast by Application, 2017-2027, (USD Billion)
8.6.5.4. Brazil Magnetic Materials Market estimates and forecast by End User, 2017-2027, (USD Billion)

Chapter 9. Competitive Landscape
9.1. Market Revenue Share By Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape

Chapter 10. Company Profiles
10.1. Hitachi Metals, Ltd.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Daido Steel Co., Ltd
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. Molycorp Magnequench
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. Shin-ETSU Chemical Co., Ltd.
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. TDK Corporation
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
10.6. Lynas Corporation Ltd.
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Technology Insights
10.6.4. Strategic Initiatives
10.7. Arnold Magnetic Technologies Corporation
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Technology Insights
10.7.4. Strategic Initiatives
10.8. Electron Energy Corporation
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Technology Insights
10.8.4. Strategic Initiatives
10.9. Tengam Engineering, Inc.
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Technology Insights
10.9.4. Strategic Initiatives
10.10. Adams Magnetic Products Co., Inc.
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Technology Insights
10.10.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Hitachi Metals Ltd.
  • Daido Steel Co. Ltd
  • Molycorp Magnequench
  • Shin-ETSU Chemical Co. Ltd.
  • TDK Corporation
  • Lynas Corporation Ltd.
  • Arnold Magnetic Technologies Corporation
  • Electron Energy Corporation
  • Tengam Engineering Inc.
  • Adams Magnetic Products Co. Inc.
Note: Product cover images may vary from those shown
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