Global Rare Earth Magnet Market Research Report 2022-2027
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Author: Elena Anderson Marketing Manager Copyright ©Group IMARC Service Pvt Ltd. All Rights Reserved IMARC
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Report Description
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Report Description and Highlights Report Description Rare Earth Magnet Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Rare Earth Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global rare earth magnet market size reached US$ 16.4 Billion in 2021. Rare earth magnets are a type of permanent magnets that are made from alloys of rare earth elements. These magnets are ferromagnetic in nature and can be magnetized like iron. They are characterized by higher magnetic field strength and magnetic stability when compared with ferrite or alnico magnets. This aids in product miniaturization, enhancing product performance and minimizing overall manufacturing costs. Since they are also extremely brittle and prone to corrosion, they are most commonly coated or plated with other metals to avoid chipping, breaking or crumbling into powder. These magnets are combined with various transition metals, including iron, nickel and cobalt, to improve their natural magnetic properties. They are widely used in the manufacturing of printers, motors, microphones, separators and automotive starters. Request for a PDF sample of this report: manufacturing-plant/requestsample
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Report Description and Highlights
Report Description
Global Rare Earth Magnet Market Trends: The global market is primarily driven by significant growth in the automotive industry. Rare earth magnets are widely utilized in the manufacturing of automobiles. This, along with improving living standards, inflating disposable income levels and constant technological advancements in the sector, is providing a thrust to the market growth. Increasing automation across numerous industries has also facilitated the uptake of electric motors, which, in turn, is increasing the sales of these magnets. The market is further driven by the significant growth in the wind energy generation industry. The increasing number of power generation plants, developments in the existing infrastructure and the rising demand for uninterrupted power supply across the globe are creating a positive outlook for the market. The growing application of these magnets across the electronics and healthcare sectors is further contributing to the market growth. On account of the aforementioned factors, the market is projected to grow at a CAGR of 5.88% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/rare-earth-magnetmanufacturing-plant
Report Description and Highlights
Report Description Key Market Segmentation
The research report includes the following segments:
Breakup by Magnet Type: • •
Neodymium-Iron-Boron (NdFeB) Magnets Samarium-Cobalt (SmCo) Magnets
Breakup by Application: • •
NdFeB Magnets SmCo Magnets
Report Description and Highlights
Report Description Regional Insights: • • • •
China Japan Europe USA
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here: https://www.imarcgroup.com/request?type=report&id=527&flag=E
Key Questions Answered in the Report
Report Description
1. What was the global rare earth magnet market size in 2021? 2. What are the major global rare earth magnet market drivers? 3. What are the major global rare earth magnet market trends? 4. What is the impact of COVID-19 on the global rare earth magnet market? 5. What will be the rare earth magnet market outlook during the forecast period (2022-2027)? 6. What is the global rare earth magnet market breakup by magnet type? 7. What is the global rare earth magnet market breakup by application? 8. What are the major regional markets in the global rare earth magnet industry? 9. Who are the leading players in the global rare earth magnet industry?
Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology
3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends
Table of Contents
Report Description Table of Contents 5 Global Rare Earth Magnets Industry 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Impact of COVID-19 5.4 Price Analysis 5.4.1 Key Price Indicators 5.4.2 Price Structure 5.4.3 Price Trends 5.5 Market Breakup by Region 5.6 Market Breakup by Magnet Type 5.7 Market Breakup by Application 5.8 Market Forecast 5.9 SWOT Analysis Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/rare-earth-magnet-manufacturing-plant/toc
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Report Description and Highlights
Report Description
© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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