Global Magnetic Materials Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Magnetic Materials Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Magnetic material, the magnetic material that says normally is to point to strong magnetic material, it is ancient and the functional material with very extensive use.Over the next eight years, we expect global revenue to grow at a compound annual rate of 9 per cent.China is the world"s largest exporter and manufacturer of magnetic materials, while Japan was the second largest market for magnetic materials in 2018.In the industry, the consumer electronics industry has the largest revenue in recent years in 2018, while the communication industry and the computer industry rank the 2nd and 3rd respectively, with market share of 26%, 23% and 22% respectively in 2018. Due to different strategies, the market share gap keeps widening.At present, there are two types of magnetic materials: soft magnetic materials and permanent magnetic materials.Soft magnetic materials are the main type of magnetic materials. In 2018, the output of soft magnetic materials was about 250,000 tons, accounting for 64 percent of the global share.Magnetic material technology has been relatively mature, new enterprises in the short term can not surpass the reputation and design of the existing well-known brands.The team therefore recommends that new entrants be carefully considered before entering the field.As emerging market application development, such as automotive electronics, LEDTV, LED lighting, EMC, 4 c (computer, communications, radio and television, content service) and 4 g, 5 g communications, smart grid, the Internet of things, such as new energy vehicles in the development of emerging markets, will provide more development for the development of Chinese magnetic material industry new opportunities.Magnetic materials also face two major development opportunities: one is the opportunity for environmental protection and energy conservation, the other is the opportunity brought by the international industrial transfer.With the development of China"s environmental protection and the implementation of the national strategy of building a conservation-oriented society soft magnetic ferrite is facing a great historical opportunity.On the one hand, magnetic materials have been applied more fully in recent years under the guidance of energy-saving and environmental protection concepts.On the other hand, magnetic materials industry is a high energy consumption and labor-intensive industry. With the increase of energy shortage and labor cost, foreign magnetic materials production is gradually transferred from developed countries to developing countries. Foreign manufacturers have set up factories in China or cooperated with domestic manufacturers to carry out industrial transfer.China"s domestic magnetic material manufacturers continue to grow, China has become a major producer of magnetic materials.

According to our (Global Info Research) latest study, the global Magnetic Materials market size was valued at US$ 8213 million in 2023 and is forecast to a readjusted size of USD 14990 million by 2030 with a CAGR of 9.1% during review period.

Global Magnetic Materials key players include DMEGC, LINGYI iTECH (GUANGDONG) COMPANY, Hitachi Metals, Ltd., TDG HOLDING CO., LTD, etc. Global top four manufacturers hold a share about 65%.

China is the largest market, with a share over 70%, followed by Japan, and North America, both have a share over 15 percent.

In terms of product, Permanent Magnetic Material is the largest segment, with a share about 65%. And in terms of application, the largest application is Consumer, followed by Communications, Computer, Automotive, etc.

This report is a detailed and comprehensive analysis for global Magnetic Materials market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Magnetic Materials market size and forecasts, in consumption value ($ Million), sales quantity (Kilo MT), and average selling prices (USD/MT), 2019-2030

Global Magnetic Materials market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilo MT), and average selling prices (USD/MT), 2019-2030

Global Magnetic Materials market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilo MT), and average selling prices (USD/MT), 2019-2030

Global Magnetic Materials market shares of main players, shipments in revenue ($ Million), sales quantity (Kilo MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Magnetic Materials

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Magnetic Materials market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi Metals, Ltd., TDK, Ningbo Keningda Industry Co., Ltd., DMEGC, LINGYI iTECH (GUANGDONG) COMPANY, Ningbo Yunsheng, Anhui Antai Technology Co., LTD, Shin-Etsu Chemical Co., Ltd., Zhenghai Group Co., Ltd., Innuovo, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Magnetic Materials market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Soft Magnetic Material
Permanent Magnetic Material

Market segment by Application
Automotive
Computer
Communications
Consumer
Other Industries

Major players covered
Hitachi Metals, Ltd.
TDK
Ningbo Keningda Industry Co., Ltd.
DMEGC
LINGYI iTECH (GUANGDONG) COMPANY
Ningbo Yunsheng
Anhui Antai Technology Co., LTD
Shin-Etsu Chemical Co., Ltd.
Zhenghai Group Co., Ltd.
Innuovo
VAC
Arnold Magnetic
Galaxy Magnets
TDG HOLDING CO., LTD

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Magnetic Materials product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Magnetic Materials, with price, sales quantity, revenue, and global market share of Magnetic Materials from 2019 to 2024.

Chapter 3, the Magnetic Materials competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Magnetic Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Magnetic Materials market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Magnetic Materials.

Chapter 14 and 15, to describe Magnetic Materials sales channel, distributors, customers, research findings and conclusion.