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LONDON, GREATER LONDON, UK, October 6, 2023 /EINPresswire.com/ — The magnetic materials market, growing at a 6.01% CAGR, is projected to reach $42.52 billion by 2027, states TBRC’s Magnetic Materials Global Market Report 2023, providing comprehensive market insights.
The magnetic materials market’s growth is driven by automotive industry demand. Asia-Pacific holds the largest market share. Key players include TDK, Daido Steel, Hitachi Metals, Magnequench, Lynas, Eriez Magnetics, Chengdu Galaxy Magnets, Arnold Magnetic Technologies, Bunting Magnetics, Voestalpine, Integrated Magnetics, Industrial Magnetics.
Magnetic Materials Market Segments
• By Type: Hard Magnetic Materials, Soft Magnetic Materials, Semi-Hard Magnetic Materials
• By Raw Materials: Neodymium, Ferrite, Alnico, Samarium Cobalt, Bonded NdFeB
• By Orientation: Diamagnetic, Paramagnetic, Ferromagnetic, Anti-Ferromagnetic
• By Application: Transformers, Motors, Inductors, Generators, Other Applications
• By Geography: The global magnetic materials market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
Magnetic materials refer to substances that possess the ability to generate a magnetic field or be attracted to a magnetic field. They are characterized by their ability to exhibit ferromagnetism, paramagnetism, or diamagnetism.
Read More On The Global Magnetic Materials Market Report At:
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Market Characteristics
3. Magnetic Materials Market Trends And Strategies
4. Magnetic Materials Market – Macro Economic Scenario
5. Magnetic Materials Market Size And Growth
27. Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Market Future Outlook and Potential Analysis
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