Magnetic Materials Market 2028 By Type, Application and Geography | The Insight Partners

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Magnetic Materials Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Semi-Hard Magnet, Soft Magnet, Hard or Permanent Magnet); Application (Automotive, Electronics, Industrial, Power Generation, Others) and Geography

Report Code: TIPRE00019919 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming


The magnetic material is defined as an object which produces a magnetic field. The Magnetic response of such material mainly depends on its spin of electron and dipole movement. The magnetic material can be classified as permanent or temporary, soft, semi-hard, or hard, each of them with specific properties and uses. A magnet generates a continuous magnetic field which is nothing but a form of current that flows inside the material.


The magnetic materials market has witnessed significant growth due to the growing trend of modernization and electrification to improve efficiencies and reduce the cost of production enhances the use of permanent magnets in various industries. Moreover, growing automotive industry which utilizes magnets in a variety of components such as the gearbox, pollution control, and alternators provides a huge market opportunity for the key players operating in the magnetic materials market. However, volatile prices of rare earth metals such as neodymium, samarium are projected to hamper the overall growth of the magnetic materials market in the forecast period.


The "Global Magnetic Materials Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the magnetic materials market with detailed market segmentation type, application, and geography. The global magnetic materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading magnetic materials market players and offers key trends and opportunities in the market.


The global magnetic materials market is segmented on the basis of type, application. On the basis of type, the global magnetic materials market is divided into semi-hard magnet, soft magnet, and hard/permanent magnet. On the basis of application, the global magnetic materials market is divided into automotive, electronics, industrial, power generation, and others.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global magnetic materials market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The magnetic materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the magnetic materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the magnetic materials market in these regions.

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The reports cover key developments in the magnetic materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from magnetic materials market is anticipated to lucrative growth opportunities in the future with the rising demand for magnetic materials in the global market. Below mentioned is the list of few companies engaged in the magnetic materials market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the magnetic materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Arnold Magnetic Technologies
  •   Daido Steel Co. Ltd.
  •   Dexter Magnetic Technologies
  •   Dura Magnetics
  •   Hitachi Metals Ltd.
  •   Kaiven Magnet Co.
  •   Lynas Corporation Ltd.
  •   Molycorp Magnequench
  •   Shin-Etsu Chemical Co. Ltd.
  •   TDK Corp.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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The List of Companies

1. Arnold Magnetic Technologies
2. Daido Steel Co. Ltd.
3. Dexter Magnetic Technologies
4. Dura Magnetics
5. Hitachi Metals Ltd.
6. Kaiven Magnet Co.
7. Lynas Corporation Ltd.
8. Molycorp Magnequench
9. Shin-Etsu Chemical Co. Ltd.
10. TDK Corp.
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