Magnetic Materials Market
Magnetic Materials Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Semi-Hard Magnet, Soft Magnet
- By Application Automotive, Electronics, Industrial, Power Generation, Other Applications
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 29.48 Billion |
Revenue 2030: | USD 44.55 Billion |
Revenue CAGR (2023 - 2030): | 5.30% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Magnetic Materials Market Segment Analysis
- Magnetic Materials Type Outlook (Revenue, USD Million, 2018 - 2030)
- Semi-Hard Magnet
- Soft Magnet
- Magnetic Materials Application Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
-
North America Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- U.S.
- U.S. Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- U.S. Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- U.S. Magnetic Materials Market, by Type
- Canada
- Canada Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Canada Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Canada Magnetic Materials Market, by Type
-
Mexico
- Mexico Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Mexico Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Mexico Magnetic Materials Market, by Type
-
North America Magnetic Materials Market, by Type
- Europe
-
Europe Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
-
Europe Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- U. K.
- U.K. Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- U.K. Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- U.K. Magnetic Materials Market, by Type
- France
- France Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- France Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- France Magnetic Materials Market, by Type
-
Germany
- Germany Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Germany Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Germany Magnetic Materials Market, by Type
-
Italy
- Italy Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Italy Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Italy Magnetic Materials Market, by Type
-
Spain
- Spain Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Spain Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Spain Magnetic Materials Market, by Type
-
Rest of Europe
- Rest of Europe Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Rest of Europe Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Rest of Europe Magnetic Materials Market, by Type
-
Europe Magnetic Materials Market, by Type
- Asia Pacific
-
Asia Pacific Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
-
Asia Pacific Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- China
- China Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- China Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- China Magnetic Materials Market, by Type
- Japan
- Japan Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Japan Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Japan Magnetic Materials Market, by Type
-
Germany
- Germany Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Germany Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Germany Magnetic Materials Market, by Type
-
India
- India Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- India Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- India Magnetic Materials Market, by Type
-
South Korea
- South Korea Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- South Korea Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- South Korea Magnetic Materials Market, by Type
-
South East Asia
- South East Asia Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- South East Asia Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- South East Asia Magnetic Materials Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Rest of Asia Pacific Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Rest of Asia Pacific Magnetic Materials Market, by Type
-
Asia Pacific Magnetic Materials Market, by Type
- Latin America
-
Latin America Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
-
Latin America Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Brazil
- Brazil Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Brazil Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Brazil Magnetic Materials Market, by Type
- Argentina
- Argentina Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Argentina Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Argentina Magnetic Materials Market, by Type
-
Rest of Latin America
- Rest of Latin America Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Rest of Latin America Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Rest of Latin America Magnetic Materials Market, by Type
-
Latin America Magnetic Materials Market, by Type
- Middle East & Africa
-
Middle East & Africa Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
-
Middle East & Africa Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- GCC Countries
- GCC Countries Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- GCC Countries Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- GCC Countries Magnetic Materials Market, by Type
- South Africa
- South Africa Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- South Africa Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- South Africa Magnetic Materials Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Magnetic Materials Market, by Type
- Semi-Hard Magnet
- Soft Magnet
- Rest of Middle East & Africa Magnetic Materials Market, by Application
- Automotive
- Electronics
- Industrial
- Power Generation
- Other Applications
- Rest of Middle East & Africa Magnetic Materials Market, by Type
-
Middle East & Africa Magnetic Materials Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Magnetic Materials in terms of revenue?
-
The global Magnetic Materials valued at USD 29.48 Billion in 2022 and is expected to reach USD 44.55 Billion in 2030 growing at a CAGR of 5.30%.
Which are the prominent players in the market?
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The prominent players in the market are Daido Steel Co. Ltd. (Japan), Hitachi Metals Ltd. (Japan), TDK Corp (Japan), Shin-Etsu Chemical Co. Ltd. (Japan), Molycorp Magnequench (Singapore), Lynas Corporation Ltd. (Malaysia), Arnold Magnetic Technologies Corporation (US), Electron Energy Corporation (US), Tengam Engineering Inc. (US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.30% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Magnetic Materials include
- Growing Automotive Industry
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Magnetic Materials in 2022.