Global Permanent Magnets Market: Rising Demand for Cheap Electricity to Bode Well for Market, Says Tmr

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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