A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Sintered
Magnet
Market. The
study, titled “Sintered
Magnet Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Sintered
magnets refer to permanent magnets manufactured through a
metallurgical process called sintering which involves heating and
compacting (finely pulverized) magnetic powder into the desired shape
and size. Liquid phase sintering is the preferred process for
manufacturing permanent sintered magnets. Post sintering, these
magnets are machined to achieve dimensional accuracy and be prepared
for application. Sintered permanent magnets are widely used across
the globe. They are available in several sizes and exhibit
substantial variety in terms of style. Several magnetic powders and
mixtures are used to manufacture sintered magnets. These include
elements such as iron, cobalt, aluminum, nickel, neodymium, samarium,
and boron.
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Market Research Report @
Sintered
magnets are powerful and exhibit high magnetic strength required for
most applications in the industry. These magnets perform better and
deliver substantial output in applications such as electric motors,
generators, alternators, hard disks, and servo motors. They are
revolutionizing energy storage and power generation. Permanent
sintered magnets help increase the efficiency of generator motors,
drive motors, and servo motors, resulting in significant power
savings. Furthermore, they are imperative in the manufacture of hard
drives and other electronic & electrical applications. With
demand for hard drives soaring due to the monumental rise in data
production every year, the need for permanent magnets is also bound
to increase substantially. On the other hand, sintered magnets made
of rare earth elements such as sintered NdFeB and SmCo are facing
severe raw material supply issues. China is the world’s leading
producer of rare earth metals, which is why its trade policies and
stockpiling of rare earth elements are causing disruptions in the
production of sintered rare earth magnets, restraining the market
supply.
The
sintered magnet market can be segmented based on product type into
the sintered rare earth & sintered ferrite, AlNiCo, and other
varieties. Sintered rare earth magnets can be further divided into
the NdFeB and SmCo sub-varieties. Sintered ferrite magnets are
extensive used as they offer decent properties and are relatively
inexpensive. However, sintered rare earth magnets have developed
their niche and become irreplaceable in certain applications. On the
basis of orientation, sintered magnets are bifurcated into the
isotropic and anisotropic categories. By application, sintered
magnets find significant usage in almost all sectors including
automotive, electrical, electronics, industrial, power generation,
consumer goods, and others. Electronics is a significant application
closely flowed by automotive and consumer goods.
Geographically,
the global sintered magnet market can be distributed over Asia
Pacific, Europe, North America, Latin America, and Middle East &
Africa. Asia Pacific is a major market for sintered magnets as Japan,
China, and South Korea are electronics manufacturing hubs, resulting
in monumental consumption of magnets in these countries. Furthermore,
India, China, and Japan also possess emerging automotive industries.
Europe is the next big market for sintered magnets primarily due to
demand from the region’s immense automotive production.
Furthermore, its shift from fossil fuels to renewables, primarily
wind energy, is anticipated to fuel the demand for sintered NdFeB for
wind turbine generators. North America also retains established
consumer goods and automotive industries, leading to significant
demand for sintered magnets in the region.
Prominent
players operating in the global sintered magnet market include Arnold
Magnetic Technologies, Neo Magnequench, and Alliance LLC. However,
the market is largely dominated by numerous unorganized manufactures
from China.
Get
accurate market forecast and analysis on the Sintered Magnet market.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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