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Transparency Market
Research
Permanent Magnets Market (Ferrite, NdFeB, SmCo and
Alnico) for Automotive, Electronics, Energy Generation
and Other Applications - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019
Published Date
17-Feb-2014
119 Page Report
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Press Release
Global Permanent Magnets Market: Rising Demand for Cheap
Electricity to Bode Well for Market, says TMR
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Permanent Magnets Market
REPORT DESCRIPTION
Permanent Magnets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013
- 2019
The global permanent magnets market has a number of small manufacturers and a few medium sized
manufacturers. The market is predominantly led by Chinese manufacturers. The industry faces scarcity of
manufacturers as only a few companies worldwide are offering ferrite or alnico magnets. Many of the players in
the permanent magnets market are signing long term contracts with buyers so as to enable a buffer from
fluctuating magnet prices. As a result of this, customers have limited number of options from which they can
buy products that meet their requirements. However, players such as Hitachi Metals and Shin-Etsu are among
those rare few players that offer permanent magnets for a majority of end-user segments. Some of the other
players that have been profiled in a report published by Transparency Market Research are Adams Magnetic
Products Co., Dexter Magnetic Technologies, Inc., Arnold Magnetic Technologies, Molycorp Inc.,
Vacuumschmelze, and Tengam Engineering Inc.
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According to the report, the global permanent magnets market is expected to be worth US$28.70 bn by 2019.
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