Permanent Magnets Market Report

According to a new report Permanent Magnets (Ferrite, NdFeB, SmCo and Alnico) Market for Automotive, Electronics, Energy Generation and Other Applications – Global Forecast, Market Share, Size, Growth and Industry Analysis, 2013 – 2019,  the global demand for permanent magnets was valued at USD 15.32 billion in 2012 and is expected to reach USD 28.70 billion in 2019, growing at a CAGR of 9.5% from 2013 to 2019. In terms of volume, the demand was 650.0 kilo tons in 2012 and is expected to be 1,168.7 kilo tons in 2019, growing at a CAGR of 8.8% from 2013 to 2019.

High demand from current & emerging applications, development, and modernization of infrastructure and increasing demand for efficiency & miniaturization are some of the factors driving the demand for permanent magnets. The growth of the automobile system is expected to be one of the vital factors driving the demand for permanent magnets over the next few years. In addition, growth of the wind energy generation industry, where magnets are used substantially, due to numerous factors such as increasing demand for cheap electricity and rising consumer awareness regarding environment protection, is expected to fuel the growth of the market within the forecast period. However, fluctuating prices of rare earth metals, particularly, neodymium and dysprosium, is expected to restraint the growth of the market in the near future. Increasing application scope of magnets in HEVs coupled with growing demand for these vehicles is expected to open opportunities for the growth of the market over the next few years.

Ferrite magnets were the most widely used permanent magnets accounting for over 80% of the global demand in 2012. Owing to ample availability, low costs and high magnetic property, the demand for ferrite magnets is expected to be substantially high over the forecast period. However, NdFeB magnets are expected to show the fastest growth over the next few years owing their growing demand in electricity generation.

Automotives accounted as the largest application segment for permanent magnets in 2012. Magnets are being increasingly used in automobiles to reduce overall weight of the vehicle by introducing the concept of miniaturization and thereby improving efficiency of vehicles. However, the demand for magnets is expected to be highest from the energy generation sector within the forecast period. Growing demand for electricity for household and industrial purposes coupled with increasing demand for clean air is expected to augment the demand for electricity generated through wind energy, which uses the highest volume of permanent magnets. Permanent magnets demand in energy generation is expected to be 90.5 kilo tons by 2019.

China dominated the permanent magnets market in 2012 followed by Asia Pacific (excluding China) owing to the growth of wind power industry. China is expected to witness the highest growth within the forecast period on account of increasing industrial activities, growth of the energy generation and rise in demand for automobiles. The demand for permanent magnets in China is expected to grow at a CAGR of 9.0% from 2013 to 2019, on account of the above mentioned factors.

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 (Ferrite, NdFeB, SmCo and Alnico) Market for Automotive, Electronics, Energy Generation and Other Applications – Global Forecast, Market Share, Size, Growth and Industry Analysis, 2013 – 2019.

Partial List of Tables

Table 1 : GLOBAL NEODYMIUM-IRON-BORON MAGNET PRODUCTION BY REGION, THROUGH 2018

Summary Table 1 : GLOBAL PERMANENT MAGNET PRODUCTION BY REGION, THROUGH 2018

Summary Table 2 : GLOBAL PERMANENT MAGNET SALES BY REGION, THROUGH 2018

Table 2 : GLOBAL SAMARIUM COBALT MAGNET PRODUCTION BY REGION, THROUGH 2018

Table 3 : GLOBAL ALUMINUM-NICKEL-COBALT MAGNET PRODUCTION BY REGION, THROUGH 2018

Table 4 : GLOBAL FERRITE MAGNET PRODUCTION BY REGION, THROUGH 2018

Table 5 : GLOBAL NEODYMIUM-IRON-BORON MAGNET SALES BY REGION, THROUGH 2018

Table 6 : GLOBAL SAMARIUM COBALT MAGNET SALES BY REGION, THROUGH 2018

Table 7 : GLOBAL ALUMINUM-NICKEL-COBALT MAGNET SALES BY REGION, THROUGH 2018

Table 8 : GLOBAL FERRITE MAGNET SALES BY REGION, THROUGH 2018

Table 9 : GLOBAL PERMANENT MAGNET MARKET BY TYPE, 2012-2018

Table 10 : PERMANENT MAGNETS BY TYPE, 2012

Table 11 : NEODYMIUM-IRON-BORON MAGNETS BY GRADE, 2012

Table 12 : DYSPROSIUM SUPPLY DEMAND DYNAMICS*, THROUGH 2018

Table 13 : PERMANENT MAGNET END-USE INDUSTRIES, THROUGH 2018

Table 14 : PERMANENT MAGNET END-USE INDUSTRIES, THROUGH 2018

Table 15 : NEODYMIUM-IRON-BORON MAGNET COST STRUCTURE, THROUGH 2018

Table 16 : NEODYMIUM-IRON-BORON MAGNET COST STRUCTURE, 2012-2018

Table 17 : SAMARIUM COBALT MAGNET COST STRUCTURE, THROUGH 2018

Table 18 : SAMARIUM COBALT MAGNET COST STRUCTURE, 2012-2018

Table 19 : ALUMINUM-NICKEL-COBALT MAGNET COST STRUCTURE, THROUGH 2018

Table 20 : ALUMINUM-NICKEL-COBALT MAGNET COST STRUCTURE, 2012-2018

Table 21 : FERRITE MAGNET COST STRUCTURE, THROUGH 2018

Table 22 : FERRITE MAGNET COST STRUCTURE, 2012-2018

Table 23 : MAJOR NEODYMIUM-IRON-BORON MAGNET PATENTS, THROUGH 2017

Table 24 : DUTIES ON MAGNET IMPORTS BY MAJOR HITACHI PATENT TERRITORY, 2013

Table 25 : GLOBAL SINTERED NEODYMIUM-IRON-BORON MAGNET PRODUCTION, 2001-2012

Table 26 : GLOBAL BONDED NEODYMIUM-IRON-BORON MAGNET PRODUCTION, 2001–2012

Table 27 : SUBSTITUTES FOR NEODYMIUM-IRON-BORON MAGNETS

Table 28 : MAJOR COMPANIES NAMED IN HITACHI’S COMPLAINT TO THE INTERNATIONAL TRADE COMMISSION

Table 29 : NEODYMIUM PRODUCTION BY REGION, THROUGH 2018

Table 30 : DYSPROSIUM PRODUCTION BY REGION, THROUGH 2018

Table 31 : SAMARIUM PRODUCTION BY REGION, THROUGH 2018

Table 32 : PRASEODYMIUM PRODUCTION BY REGION, THROUGH 2018

Table 33 : BORON PRODUCTION BY REGION, THROUGH 2018

Table 34 : COBALT PRODUCTION BY REGION, THROUGH 2018

Table 35 : ALUMINUM PRODUCTION BY REGION, THROUGH 2018

Table 36 : CHINESE STOCKPILING OF RARE EARTHS, 2013

Table 37 : RARE EARTH PRICE TRENDS, 2013

Table 38 : REGRESSION BASED MODEL FOR DYSPROSIUM PRICE FORECAST

Table 39 : MODEL-BASED AND SUBJECTIVE PRICE FORECAST OUTPUT

Table 40 : REGRESSION BASED MODEL FOR NEODYMIUM PRICE FORECAST

Table 41 : MODEL-BASED AND SUBJECTIVE PRICE FORECAST OUTPUT

Table 42 : REGRESSION MODEL FOR SAMARIUM PRICE FORECAST

Table 43 : FIGURES PREDICTED BY THE REGRESSION MODEL

Table 44 : REGRESSION MODEL OF PRASEODYMIUM PRICE FORECAST

Table 45 : FIGURES PREDICTED BY THE REGRESSION MODEL

Table 46 : PERMANENT MAGNET SUPPLY CHAIN, 2012

Table 47 : RARE EARTH PROJECTS OUTSIDE CHINA, 2013–2017

Permanent Magnets Market Report