Ferrite magnets are dark grey in colour and have an appearance like a pencil lead. They are resistant to corrosion and are known for their good balance of magnetic strength. However, as they are very brittle and susceptible to demagnetisation, they require proper handling and packing to ensure safety. These magnets are currently available in a variety of grades ranging from Grade 1 to Grade 8 depending upon their performance and operational temperature.
Ferrite magnets are extensively used in a number of industries all across the world. As the raw materials used to manufacture these magnets are relatively low-priced in comparison to other types of permanent magnets, ferrite magnets are highly used for high volume applications. According to a new report by Expert Market Research, the global ferrite magnet market reached a volume of 1.25 Million Metric Tons in 2019 and is further expected to reach 1.56 Million Metric Tons by 2025.
Key findings from the report:
Click here for the summary of report: https://www.expertmarketresearch.com/reports/ferrite-magnet-market
Expert Market Research has analysed the global ferrite magnet market according to key application areas, major regions and top players:
Market breakup by Application
Market breakup by Region
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
"Ferrite Magnet Market: Industry Overview; By Country: China, Japan, USA, India, Others; Historical Demand and Supply (2015-2019), Demand and Supply Forecast (2020-2025); Porters Five Forces Analysis; Competitive Landscape; Setting Up a Ferrite Magnet Manufacturing Plant; Capital Investment; Operating Expenditures; Project Economics"
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
In 2019, the global precious metals market attained a production volume of almost 33, 139 MT. The market is expected to witness a stable growth in the forecast period of 2020-2025, growing at a CAGR o...
The global LTCC market and HTCC market attained a value of USD 930 million in 2019. The industry is further expected to grow at a CAGR of 4.5% in the forecast period of 2020-2025 to reach a value of ...
During 2015-2019, the global permanent magnets market grew at a CAGR of around 6.7% in terms of value. The market is currently being driven by an increasing focus on reducing carbon footprints, advanc...
The report by Expert Market Research entitled “Rare Earth Magnet Market Report and Forecast 2020-2025” provides a comprehensive analysis for anyone who plans to foray into the rare earth magnet ma...