Permanent Magnet in Asia-Pacific
Summary
Permanent Magnet in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A permanent magnet generates its magnetic field through the internal structure of the material, and it retains its magnetism, even after being separated from an external magnetic field.
- The Asia-Pacific permanent magnet market is expected to generate total revenues of $21.3 billion in 2023, representing a compound annual growth rate (CAGR) of 3.7% between 2018 and 2023.
- Market consumption volume is forecast to increase with a CAGR of 2.5% between 2018 and 2023, to reach a total of 1,102.3 billion tons in 2023.
- The growth in the Asia-Pacific permanent magnet market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in China reached 99.9 in October 2023, up from 99.2 in October 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the permanent magnet market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the permanent magnet market in Asia-Pacific
- Leading company profiles reveal details of key permanent magnet market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific permanent magnet market with five year forecasts
- What was the size of the Asia-Pacific permanent magnet market by value in 2023?
- What will be the size of the Asia-Pacific permanent magnet market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific permanent magnet market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's permanent magnet market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 7.4. What threats do leading players face?
- 8 Company Profiles
- 8.1. TDK Corporation
- 8.2. Shin-Etsu Chemical Co., Ltd.
- 8.3. Ningbo Yunsheng Co Ltd
- 8.4. Yantai Zhenghai Magnetic Material Co Ltd
- 8.5. Proterial Ltd
- 8.6. Lingyi iTech Guangdong Co
- 8.7. Grinm Advanced Materials Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
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