Magnetic Materials Market, By Product type (Soft Magnetic Materials, Permanent Magnetic Materials, & Semi-Hard Magnetic Materials), By Application (Automotive, Electronics, Energy generation, & Others), By Region (North America, Europe, Asia Pacific, Midd

Magnetic Materials Market, By Product type (Soft Magnetic Materials, Permanent Magnetic Materials, & Semi-Hard Magnetic Materials), By Application (Automotive, Electronics, Energy generation, & Others), By Region (North America, Europe, Asia Pacific, Middle East, Africa, and Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Magnetic materials are used all over the world for a variety of purposes. Some materials have the property to retain different shapes when they are exposed to an alternating magnetic field. These materials can be used in mechanical and electrical engineering to create anisotropic, non-permanent magnetic structures which are very important in the aerospace industry. The materials also perform well in resisting impact, heat, and even heat damage. The materials also provide an efficient energy source through their ability to store electrical energy and convert it directly into mechanical energy.

Market Dynamics:
Rapid growth in the automotive industry is driving growth of the magnetic materials market. Increasing penetration of electric vehicles is also fostering growth of the market. Growing usage of electrical &electronics is further projected to augment growth of the magnetic materials market. According to European Union, in 2019, electric car registrations were close to 550 000 units, having reached 300 000 units in 2018. This represents an increase from 2 to 3.5 % of total car registrations. The uptake of electric vans also increased, from 0.8 % of total registrations in 2018 to 1.3 % in 2019.

On the other hand, the high investment required for R&D is expected to hinder growth of the magnetic materials market.
Key features of the study:
This report provides in-depth analysis of the magnetic materials market, and provides market size (US$ Million & KiloTons) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global magnetic materials market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AK Steel Holding Corporation, Arnold Magnetic Technologies, Electron Energy Corporation, Hitachi Metals, Ltd., Lynas Corporation Ltd., Molycorp Inc., OM Group, Shin-Etsu Chemicals Co., Ltd., Tengam Engineering Inc., and TDK Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global magnetic materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global magnetic materials market
Detailed Segmentation:
Global Magnetic Materials Market, By Product Type:
Soft Magnetic Materials
Permanent Magnetic Materials
Semi-Hard Magnetic Materials
Global Magnetic Materials Market, By Application:
Automotive
Electronics
Energy generation
Others
Global Magnetic Materials Market, By Region:
North America
By Product Type
Soft Magnetic Materials
Permanent Magnetic Materials
Semi-Hard Magnetic Materials
By Application
Automotive
Electronics
Energy generation
Others
By Country
Canada
U.S.
Europe
By Product Type
Soft Magnetic Materials
Permanent Magnetic Materials
Semi-Hard Magnetic Materials
By Application
Automotive
Electronics
Energy generation
Others
By Country
U.K.
France
Germany
Rest of Europe
Asia Pacific
By Product Type
Soft Magnetic Materials
Permanent Magnetic Materials
Semi-Hard Magnetic Materials
By Application
Automotive
Electronics
Energy generation
Others
By Country
China
India
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Product Type
Soft Magnetic Materials
Permanent Magnetic Materials
Semi-Hard Magnetic Materials
By Application
Automotive
Electronics
Energy generation
Others
By Country
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Product Type
Soft Magnetic Materials
Permanent Magnetic Materials
Semi-Hard Magnetic Materials
By Application
Automotive
Electronics
Energy generation
Others
By Region
Middle East
Africa
Company Profiles
AK Steel Holding Corporation *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Arnold Magnetic Technologies
Electron Energy Corporation
Hitachi Metals, Ltd.
Lynas Corporation Ltd.
Molycorp Inc.
OM Group
Shin-Etsu Chemicals Co., Ltd.
Tengam Engineering Inc.
TDK Corporation
“*” marked represents similar segmentation in other categories in the respective section.