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Global Rare Earth Permanent Magnet Materials Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players

04 Aug, 2022 | 160 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Rare Earth Permanent Magnet Materials Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 5.6% during the review period (2022 to 2027).



Rare Earth Permanent Magnet Materials Market Overview



Permanent magnets called rare earth magnets are created by magnetising materials, and they generate their own magnetic field. Among them are alloys made of rare earth elements like neodymium, samarium, and dysprosium. Unlike electromagnets, rare earth permanent magnets retain their magnetic properties even after being heated above the Curie temperature. Rare earth magnets are the strongest permanent magnets currently on the market, and they perform much better than alnico and ceramic/ferrite magnets (composed of strontium, carbonate and iron oxide, and, aluminium, nickel and cobalt, respectively). Neodymium (Nd-Fe-B) and samarium cobalt rare earth magnets are the two most used varieties (SmCo). Due to the fact that they originate from the same metal series, both varieties have comparable characteristics and crystal structures. They are typically brittle but quite sturdy.



In the coming years, the market for rare earth permanent magnetic materials is anticipated to expand significantly. The market is expanding due to the expanding automotive sector, which is being driven by technical improvements, population growth, and rising consumer goods demand. In addition, it is projected that the enormous growth of the wind energy generation sector brought on by fast industrialization will increase demand for rare earth magnetic elements. Permanent magnets do not lose their magnetic property until they are heated to the Curie temperature or higher, in contrast to transient magnetic products like electromagnets.



The report aspects discussed the profile of the top Manufacturers of the global Rare Earth Permanent Magnet Materials Market. These aspects include financial Status of major companies, trending advancements and entire market scenario. Growth of the report have examined Rare Earth Permanent Magnet Materials Market production, demand and growth Potential, geographic analysis, as well as current market developments in Various regions and countries.



Who are the Major Players in Rare Earth Permanent Magnet Materials Market?



The Rare Earth Permanent Magnet Materials Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Hitachi Metals Group, Jingci Material Science, Shin-Etsu, VAC, Beijing Zhong Ke San Huan Hi-Tech, TDK, JL MAG, Yunsheng Company, ZHmag, YSM, Zhejiang Zhongyuan Magnetic, Magsuper, Earth- Panda, AT&M, SGM, Innuovo Magnetics, Pinghu Geor Chi Electronics, Galaxy Magnetic, NBJJ, Daido Electronics,



Industry News:



NANOXPLORE CONCLUDES AGREEMENT TO SUPPLY TECHMER PM, LLC, WITH GRAPHENEBLACK™



June 16, 2021



 NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX-V: GRA and OTCQX: NNXPF) announces that it has entered into a multiyear agreement to supply GrapheneBlack™ grade of products to Techmer PM, LLC (“Techmer PM”), which agreement includes a customer-based exclusivity.



What are the major Applications, Types and Regions for Rare Earth Permanent Magnet Materials Market?



Rare Earth Permanent Magnet Materials Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  •     Rare-earth Sintered Magnet

  •     Rare-earth Bonded Magnet

  •     Others



By Applications it is segmented into




  •     Automotive

  •     Aerospace and Defense

  •     Power Generation

  •     Consumer Goods and Electronics

  •     Industrial Machinery

  •     Others



Rare Earth Permanent Magnet Materials Market Regional Analysis



Over 75.0 percent of the market's revenue was generated in Asia Pacific. The market is expanding as a result of the escalating development in end-use sectors like renewable energy, electronics, healthcare, and automotive. Additionally, the region's extensive output of electronics, electric vehicles, and medical equipment is promoting market expansion. Europe is anticipated to grow significantly during the projection period. Market expansion is anticipated to be sparked by the largest automotive manufacturing and supported government initiative.



All these factors greatly affect the Rare Earth Permanent Magnet Materials Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Rare Earth Permanent Magnet Materials Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Graphene-enhanced Composites Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Rare Earth Permanent Magnet Materials Market report scope? 























































 



Report Attributes



 



 



Report Details



 



Forecast Period 2022 to 2028 CAGR



 



CAGR of 5.6% during the review period (2022 to 2027).



 



By Type




  •     Rare-earth Sintered Magnet

  •     Rare-earth Bonded Magnet

  •     Others



 



By Application




  •     Automotive

  •     Aerospace and Defense

  •     Power Generation

  •     Consumer Goods and Electronics

  •     Industrial Machinery

  •     Others



 



 



 By Companies



 



 



 



Hitachi Metals Group, Jingci Material Science, Shin-Etsu, VAC, Beijing Zhong Ke San Huan Hi-Tech, TDK, JL MAG, Yunsheng Company, ZHmag, YSM, Zhejiang Zhongyuan Magnetic, Magsuper, Earth- Panda, AT&M, SGM, Innuovo Magnetics, Pinghu Geor Chi Electronics, Galaxy Magnetic, NBJJ, Daido Electronics,



 



 



Regions Covered



 




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



 



 



 



 



 



 



 



 



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



 



Base Year



 



 



2022



 



Historical Year



 



 



2017 to 2021



 



Forecast Year



 



 



2022 to 2027



Number of pages



160



 



Customization Available



 



 



Yes, the report can be customized as per your needs




 Key Takeaways from this Rare Earth Permanent Magnet Materials Market Report




  • Evaluate Rare Earth Permanent Magnet Materials Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Rare Earth Permanent Magnet Materials Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The Rare Earth Permanent Magnet Materials Market is studied from 2017 - 2027.



What is the growth rate of Rare Earth Permanent Magnet Materials Market?



The Rare Earth Permanent Magnet Materials Market is growing at a CAGR of 5.6% over the next 5 years.



Who are the key players in Rare Earth Permanent Magnet Materials Market?



Hitachi Metals Group, Jingci Material Science, Shin-Etsu, VAC, Beijing Zhong Ke San Huan Hi-Tech, TDK, JL MAG, Yunsheng Company, ZHmag, YSM, Zhejiang Zhongyuan Magnetic, Magsuper, Earth- Panda, AT&M, SGM, Innuovo Magnetics, Pinghu Geor Chi Electronics, Galaxy Magnetic, NBJJ, Daido Electronics,



What region does this Rare Earth Permanent Magnet Materials Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



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



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Rare Earth Permanent Magnet Materials Market?



Rare-earth Sintered Magnet, Rare-earth Bonded Magnet, Others



What are the major end-use applications of Rare Earth Permanent Magnet Materials Market?



Automotive, Aerospace and Defense, Power Generation, Consumer Goods and Electronics, Industrial Machinery, Others


  1. INTRODUCTION

    • MARKET DEFINATION

    • MARKET DYNAMICS

    • MARKET SEGMENTATION

    • REPORT TIMLINES

    • KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    • DATA MINING

      • SECONDARY RESEARCH

      • PRIMARY RESEARCH

      • SUBJECT MATTER EXPERT ADVICE



    • QUALITY CHECK

    • FINAL REVIEW

      • DATA TRIANGULATION

      • BOTTOM-UP APPROACH

      • TOP-DOWN APPROACH

      • RESEARCH FLOW





  3. EXECUTIVE SUMMARY

    • INTRODUCTION

    • GLOBAL Rare Earth Permanent Magnet Materials Market BY TYPES

    • GLOBAL Rare Earth Permanent Magnet Materials Market BY APPLICATIONS



  4. MARKET DYNAMICS

    • DRIVERS

    • INCREASING DEMAND FOR Rare Earth Permanent Magnet Materials Market RESTRAINTS

      • STRINGENT ENVIRONMENTAL REGUALTIONS

      • HIGH COST ON MATERIALS



    • OPPORTUNITIES

      • Rare Earth Permanent Magnet Materials Market GROWTH

      • APPLICATION OF Rare Earth Permanent Magnet Materials Market



    • IMPACT OF COVID 19



  5. GLOBAL Rare Earth Permanent Magnet Materials Market, BY TYPES

    • INTRODUCTION

    •     Rare-earth Sintered Magnet

    •     Rare-earth Bonded Magnet

    •     Others



  6. GLOBAL Rare Earth Permanent Magnet Materials Market, BY APPLICATION

    •    INTRODUCTION

    •     Automotive

    •     Aerospace and Defense

    •     Power Generation

    •     Consumer Goods and Electronics

    •     Industrial Machinery

    •     Others





  7.GLOBAL Rare Earth Permanent Magnet Materials Market, BY REGION






    • NORTH AMERICA

      • US

      • CANADA

      • MEXICO



    • EUROPE

      • GERMANY

      • FRANCE

      • UK

      • ITALY

      • RUSSIA

      • REST OF EUROPE



    • APAC

      • CHINA

      • SOUTH KOREA

      • JAPAN

      • INDIA

      • AUSTRALIA

      • ASEAN

      • REST OF APAC



    • MIDDLE EAST & AFRICA

      • SAUDI ARABIA

      • UAE

      • SOUTH AFRICA

      • TURKEY

      • REST OF MEA



    • SOUTH AMERICA

      • BRAZIL

      • REST OF MEA

      • ARGENTINA

      • REST OF SOUTH AMERICA





  1. COMPETITIVE LANDSCAPE

    • MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    • AND AGREEMENTS

      • KEY DEVELOPMENT



    • MARKET SHARE (%) **/RANKING ANALYSIS

    • STRATEGIES ADOPTED BY LEADING PLAYERS



  2. COMPANY PROFILES

    • BUSINESS OVERVIEW

    • COMPANY SNAPSHOT

    • PRODUCT BENCHMARKING

    • STRATEGIC INITIATIVES

    •     Hitachi Metals Group

    •     Jingci Material Science

    •     Shin-Etsu

    •     VAC

    •     Beijing Zhong Ke San Huan Hi-Tech

    •     TDK

    •     JL MAG

    •     Yunsheng Company

    •     ZHmag

    •     YSM

    •     Zhejiang Zhongyuan Magnetic

    •     Magsuper

    •     Earth- Panda

    •     AT&M

    •     SGM

    •     Innuovo Magnetics

    •     Pinghu Geor Chi Electronics

    •     Galaxy Magnetic

    •     NBJJ

    •     Daido Electronics



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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