Global Magnetic Materials Market to Grow at 8.9% Cagr Demand from Wind Energy Sectors.Pdf

Transparency Market

Research

Magnetic Materials Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2013 – 2019

Published Date

26-June-2014

99 Page Report

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Press Release

Global Magnetic Materials Market to Grow at 8.9% CAGR due to Growing

Demand from Automotive and Wind Energy Sectors: TMR

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Magnetic Materials Market

REPORT DESCRIPTION

Magnetic Materials Market (Soft Magnetic, Permanent Magnetic and SemiHard Magnetic) For Automotive, Electronics, Energy Generation and Other

Applications - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast, 2013 - 2019

Leading market intelligence firm Transparency Market Research (TMR) has released a new market

research report. The report, titled ‘Magnetic Materials Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2013 - 2019’, details the market in terms of its historical

development to 2012 figures. Based on these figures, the future trajectory of the global magnetic

materials market is predicted.The report states TMR’s estimations that the magnetic materials

market is expected to grow at a robust 8.9% CAGR from 2013 to 2019 to reach an end value of

US$87.18 billion. This represents a significant rise from the global market’s 2012 valuation of US$48

billion.

Of the three types of magnetic materials on the global market, semi-hard magnetic materials have

historically been the dominant product segment of the market. Semi-hard magnetic materials took up

a 55% share in the global market in 2012. They are expected to remain the dominant category over

the forecast period, though in large part thanks to the headstart they have accumulated over the

years. Easier availability of soft and permanent magnetic materials is expected to propel demand for

these two segments at...