Permanent Magnets: Technologies and Global Markets

The global permanent magnet market reached $15.1 billion in 2013. This market is expected to reach $22.9 billion in 2018 increasing at a compound annual growth rate (CAGR) of 8.7%. The global permanent magnet industry has received a considerable amount of attention in recent years, in large part due to the export restrictions placed by China on its key raw materials: rare earths. Among the permanent magnet types, NdFeB magnets are the most prominent in terms of usage in critical technologies such as automotive, power generation and electronic goods. China has recently emerged as the world’s largest producer of all types of permanent magnets, with particularly a high control over rare earth permanent magnets. 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: Technologies and Global Markets.