The Magnetic Materials Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period Upto 2022.
The report on global magnetic materials market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2015–2022. The market size in terms of volume (KT) and revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
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The report classifies the market into different segments based on product and application. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
A glimpse of the major drivers and restraints affecting this market is mentioned below :
A. Drivers :
– Rising automotive industry
– Growth of the wind energy generation industry
B. Restraints :
– Fluctuating prices of rare earth materials
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
C. Major player assessed in the report are :
– AK Steel Holding Corporation
– Arnold Magnetic Technologies
– Electron Energy Corporation
– Hitachi Metals, Ltd.
– Lynas Corporation Ltd.
– Molycorp Inc.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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D. SEGMENTATIONS IN THE REPORT :
1. By Product :
– Soft Magnetic Materials
– Permanent Magnetic Materials
– Semi-Hard Magnetic Materials
2. By Applications :
– Energy Generation
– Others (Including Household Applications, Etc.)
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A magnetic bearing is a bearing that supports the moving parts of a machine or equipment without any physical contact. They are able to provide relative motion of the machinery with very less friction and no wear and tear.
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