Permanent Magnetic Materials Industry Structure and Global Markets

The global market for permanent magnets has reached US$11.3 billion in 2013, and is expected to grow to US$ 15 billion by 2018 with a CAGR of 5.7%. Metallic magnets (combining neodymium-iron-boron, alnico, and samarium-cobalt magnets) dominate the market in 2013, followed by ceramic magnets (ferrites) magnets. A distant third is the bonded magnets.
In terms of regional demand, the market is large in the Asia-Pacific region, and it is growing at a fast pace due to rising demand from end-user industries, especially in countries such as China and Japan. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Permanent Magnets - Types, Applications, New Developments, Industry Structure and Global Markets.