Press Releases
 
Ferrite Magnet Market Trends, Scope, Demand, Opportunity and Forecast by 2024

United States, 14 June 2019 -- The global ferrite magnet market has grown at a rapid rate in recent years. The major factor which has driven the market growth include the functional properties of these magnets which make them resistant to solvents, weak acids, lubricants, salts, greases and temperature up to 250 degree.

Request for a sample copy of this report: https://www.imarcgroup.com/ferrite-magnet-powder-manufacturing-plant/requestsample

Ferrite magnets, or ceramic magnets are a type of permanent magnets which are electrically insulating. These magnets offer strong resistance to demagnetization and corrosion, and are relatively hard and brittle. In comparison to other permanent magnets, these magnets exhibit low magnetic energy. Ferrite permanent magnets exist in two forms, namely strontium ferrite magnets and barium ferrite magnets. Strontium ferrite magnets represent the most commonly used magnets. The latest report by IMARC Group titled, “Ferrite Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global ferrite magnet market has grown at a CAGR of 6% during 2010-2017, reaching a volume of 1.1 Million Metric Tons in 2017.

Highlights of the Global Ferrite Magnet market:

* Strontium ferrite magnets represent the most commonly used ferrite magnets.

* Properties such as high resistance against solvents, weak acids, lubricants, salts, greases and temperature up to 250 degree, are driving its applications.

* China represents the largest producer and consumer of ferrite magnets.

The market for ferrite magnets is expending due to their functional properties, particularly long-term performance which results in increasing the life-cycle of the product such as medical instruments. These magnets are also affordable, have high resistance abilities against solvents, weak acids, lubricants, salts, greases and tolerance for temperature up to 250 degree. Most applications of ferrite magnets do not require any coating, except for specialist applications where any ferrite surface dust is not wanted. Some of the equipment where ferrite magnets are used include computer hard drives, microphones, headphones, loudspeakers, security systems, motors, etc. According to the report, the market is further expected to grow at a CAGR of 4.3% during 2018-2023, reaching a volume of 1.4 Million Metric Tons by 2023.

An analysis of the market finds that China represents the world’s biggest producer and consumer of ferrite magnets. China is followed by Japan, USA and India. An evaluation of the competitive landscape provides the details of the major manufacturers operative in the market. Some of the key players are Ningo Yunsheng Co. Ltd., Hangzhou Permanent Magnet Group, JPMF Guangdong Co. Ltd., Ninggang Permanent Magnet Materials Co. Ltd., Hitachi Metals Ltd.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/ferrite-magnet-powder-manufacturing-plant

Insights on Market Segmentation:

Market by Applications

1.Electro-Acoustic Products

2. Electronics Industry

3. Power Play Tools

4. Car Line Industry

5. Calculating Machine

Performance of Key Regions

1. China

2. Japan

3. USA

4. India

Key Player Profiles

1. Ningbo Yunsheng Co. Ltd.

2. Hangzhou Permanent Magnet Group

3. JPMF Guangdong Co. Ltd.

4. Ninggang Permanent Magnet Materials Co. Ltd.

5. Hitachi Metals Ltd.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

# # #


Media Contacts:
IMARC Group
USA: +1-631-791-1145
Email:
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Document Attached Image Attached Download file at: 11215
(Right click and save file to download.)

Submitted by Imarc Group, IMARC Group on Friday, 14 June 2019 at 6:40 PM
Category: Science & Research
 
Related News

The Benefits of Using a Camera Lens Filter During Photo Shoots
Friday, 19 Jul 2019

Recycled Construction Aggregates Market: Adoption Remains Robust in Construction of Roads & Bridges
Wednesday, 17 Jul 2019

Industrial Insulation Market worth $3.3 billion by 2024 - Exclusive Report by MarketsandMarkets͐
Monday, 15 Jul 2019

Azelis opens Specialty Agri/Horti application laboratory in China
Friday, 5 Jul 2019

Global Zeolite Market Report, Industry Overview, Growth Rate and Forecast 2024
Thursday, 4 Jul 2019

Related Events

20th International Union for Quaternary Research Congress (INQUA 2019)
Thursday, 25 Jul 2019

Latest News

Time to Use Safe, Satisfying, and Stable Herbal Ingredients!
Sunday, 21 Jul 2019

Marriage Counseling Suggestions
Sunday, 21 Jul 2019

Saudi Arabia to Organize World PEACE Products and services Expo to Reconstruct the Global Peace Prod
Sunday, 21 Jul 2019

Probiotic Company Plans to Attend Major Expo
Sunday, 21 Jul 2019

Rock Down the River This Summer
Sunday, 21 Jul 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Sunday, 21 July 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Oncology Review
  • Breast Imaging A to Z: How to Read Like (or Better Than) the Experts-Hawaii
  • Update in Orthpaedic Surgery Conference July 22-25, 2019 Grand Hyatt Kauai
  • Echocardiographic Symposium at Vail
  • Microbiome Movement - Oncology Response Summit

  • Latest Jobs
    Sorry, there are currently no entries posted here.