Global Magnetic Particle Market Growth 2023-2029
Ferrites
Commonly known as Ceramics, have been in production since the 1950's.They are primarily made from Iron Oxide (FeO) and the addition of Sr and Ba through a calcining process. They are the least expensive and most common of all magnet materials. Primary grades are C1, C5 and C8. They are mostly used in motors and sensors.
Magnetic ferrite powder are suitable for producing different grades of hard ferrite magnets by wet pressing or dry pressing production process. According to the needs of clients, we could supply the magnetic ferrite powders in different granularity, The magnetic ferrite powder can be classified as isotropic magnetic ferrite powder and anisotropic magnetic ferrite powder.
Alnico
These are one of the oldest commercially available magnets and have been developed from earlier versions of magnetic steels. Primary composition is Al, Ni and Co, hence the name. Although they have a high remanent induction, they have relatively low magnetic values because of their easy of demagnetization. However, they are resistant to heat and have good mechanical features. Common applications are in measuring instruments and high temperature processes such as holding devices in heat treat furnaces.
AlNiCo magnetic powder is made of AlNiCo magnet and through cracked it into required particle size. The character is temperature coefficient of Br is small. The powder mainly used in raw material of bonded magnet, plastic magnet; all kinds of SmCo fault detection; magnetic printing and other highly temperature sensitivity fields.
Samarium Cobalt
They belong to the rare earth family because of the Sm and Co elements in their composition. Magnetic properties are high and they have very good temperature characteristics. They are also more expensive than the other magnet materials. They come mostly in two grades: SmCo5 and Sm2Co17,also known as SmCo 1:5 and 2:17. Common uses are in aerospace, military and medical industries.
SmCo Powder Samarium Cobalt powder SmCo magnetic powder Rare Earth Magnet powder use for producing Polymer bonded SmCo magnets by compressing moulding.
Neodymium(NdFeB)
Also known as Neo, these are the strongest and most controversial magnets. They are in the rare earth family because of the Nd, B, Dy, Gaelements in their composition. A relatively new group of commercial magnets, they are controversial because they are the only magnets that have been patented for both composition and processing. The patent and licensing issues are important and will be discussed later in this guide.
Neodymium magnet powder can be used to the automobile industry, office automation, automotive. DC brush-type motors. multi-pole stepper and spindle motor applications. Magnetic paints, magnetic printable substrates, magnetic films, medical diagnostics and therapeutics, video tape, copy toners, fingerprinting, sensors, fuel injectors, permanent magnets, nano level fluid sealing, electric toys and magnetic curing products, etc.
Since Ferrites Magnetic Particle and Neodymium(NdFeB) Magnetic Particle are the most commonly used magnetic raw materials, this report mainly focuses on these two products.
Ferrites
Commonly known as Ceramics, have been in production since the 1950's.They are primarily made from Iron Oxide (FeO) and the addition of Sr and Ba through a calcining process. They are the least expensive and most common of all magnet materials. Primary grades are C1, C5 and C8. They are mostly used in motors and sensors.
Magnetic ferrite powder are suitable for producing different grades of hard ferrite magnets by wet pressing or dry pressing production process. According to the needs of clients, we could supply the magnetic ferrite powders in different granularity, The magnetic ferrite powder can be classified as isotropic magnetic ferrite powder and anisotropic magnetic ferrite powder.
Alnico
These are one of the oldest commercially available magnets and have been developed from earlier versions of magnetic steels. Primary composition is Al, Ni and Co, hence the name. Although they have a high remanent induction, they have relatively low magnetic values because of their easy of demagnetization. However, they are resistant to heat and have good mechanical features. Common applications are in measuring instruments and high temperature processes such as holding devices in heat treat furnaces.
AlNiCo magnetic powder is made of AlNiCo magnet and through cracked it into required particle size. The character is temperature coefficient of Br is small. The powder mainly used in raw material of bonded magnet, plastic magnet; all kinds of SmCo fault detection; magnetic printing and other highly temperature sensitivity fields.
Samarium Cobalt
They belong to the rare earth family because of the Sm and Co elements in their composition. Magnetic properties are high and they have very good temperature characteristics. They are also more expensive than the other magnet materials. They come mostly in two grades: SmCo5 and Sm2Co17,also known as SmCo 1:5 and 2:17. Common uses are in aerospace, military and medical industries.
SmCo Powder Samarium Cobalt powder SmCo magnetic powder Rare Earth Magnet powder use for producing Polymer bonded SmCo magnets by compressing moulding.
Neodymium(NdFeB)
Also known as Neo, these are the strongest and most controversial magnets. They are in the rare earth family because of the Nd, B, Dy, Gaelements in their composition. A relatively new group of commercial magnets, they are controversial because they are the only magnets that have been patented for both composition and processing. The patent and licensing issues are important and will be discussed later in this guide.
Neodymium magnet powder can be used to the automobile industry, office automation, automotive. DC brush-type motors. multi-pole stepper and spindle motor applications. Magnetic paints, magnetic printable substrates, magnetic films, medical diagnostics and therapeutics, video tape, copy toners, fingerprinting, sensors, fuel injectors, permanent magnets, nano level fluid sealing, electric toys and magnetic curing products, etc.
Since Ferrites Magnetic Particle and Neodymium(NdFeB) Magnetic Particle are the most commonly used magnetic raw materials, this report mainly focuses on these two products.
LPI (LP Information)' newest research report, the “Magnetic Particle Industry Forecast” looks at past sales and reviews total world Magnetic Particle sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Particle sales for 2023 through 2029. With Magnetic Particle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Particle industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Particle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Particle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnetic Particle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Particle and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Particle.
The global Magnetic Particle market size is projected to grow from US$ 1512.4 million in 2022 to US$ 1874.2 million in 2029; it is expected to grow at a CAGR of 1874.2 from 2023 to 2029.
Global NdFeB Magnetic Particle key players include MQI, Zhao Ri Ke, Galaxy Magnets, Aichi Steel, Yuhong, etc. Global top five manufacturers hold a share over 80%.
China is the largest market, followed by Japan.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Particle market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ferrites
NdFeB
Segmentation by application
Auto
Household Appliance
Computer
Electronic Toys
Electroacoustic Product
Military
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MQI
Aichi Steel
Zhao Ri Ke
Galaxy Magnets
Yuhong
Huiling
Western Magnet
San Huan
Hoosier Magnetics
Todakogyo
HIMAG
DMEGC Magnetics
Zhejiang Ante
Maanshan CY
BGRIMM Magnetic
Shunde Baling
MGC
Comc Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Particle market?
What factors are driving Magnetic Particle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Particle market opportunities vary by end market size?
How does Magnetic Particle break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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