
India Rare Earth Magnet Market - Industry Trends and Forecast to 2029
Description
India Rare Earth Magnet Market - Industry Trends and Forecast to 2029
India rare earth magnet market is projected to register a CAGR of 7.8% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation:
India Rare Earth Magnet Market is segmented into Type (NdFeB Magnet, Samarium Cobalt Magnet (SMCO)), Product (Countersunk Magnets, Circular Disc Magnets, Hook & Eyebolt Magnets, Cylindrical Rod Magnets, Circular Ring Magnets, Rectangular, Self-Adhesive, Pot & Clamping Magnets), Application (Automotive Industry, Food & Drink Processing, Aerospace Industry, Renewable Energy, Consumer Electronics, Deep Sea Exploration, Others)– Industry Trends And Forecast To 2029
Some of the major factors contributing to the growth of the India rare earth magnet market are:
• Continuous rise in demand for permanent magnet
• The increase in the application of rare earth magnet
Market Players
Some of the major players operating in the India rare earth magnet market are:
• Jai Mag Industries
• Star Trace Private Limited
• Kumar Magnet Industries
• Magna Tronix
• JD MAGNETIC IMPEX
• Shree Shakti Industries
• Ashvini Magnets Pvt. Ltd
• DURA MAGNETS PVT. LTD.
India rare earth magnet market is projected to register a CAGR of 7.8% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation:
India Rare Earth Magnet Market is segmented into Type (NdFeB Magnet, Samarium Cobalt Magnet (SMCO)), Product (Countersunk Magnets, Circular Disc Magnets, Hook & Eyebolt Magnets, Cylindrical Rod Magnets, Circular Ring Magnets, Rectangular, Self-Adhesive, Pot & Clamping Magnets), Application (Automotive Industry, Food & Drink Processing, Aerospace Industry, Renewable Energy, Consumer Electronics, Deep Sea Exploration, Others)– Industry Trends And Forecast To 2029
Some of the major factors contributing to the growth of the India rare earth magnet market are:
• Continuous rise in demand for permanent magnet
• The increase in the application of rare earth magnet
Market Players
Some of the major players operating in the India rare earth magnet market are:
• Jai Mag Industries
• Star Trace Private Limited
• Kumar Magnet Industries
• Magna Tronix
• JD MAGNETIC IMPEX
• Shree Shakti Industries
• Ashvini Magnets Pvt. Ltd
• DURA MAGNETS PVT. LTD.
Table of Contents
77 Pages
- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of India Rare Earth Magnet Market
- 1.4 Currency And Pricing
- 1.5 Limitations
- 1.6 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Years Considered For The Study
- 2.3 Geographic Scope
- 2.4 Dbmr Tripod Data Validation Model
- 2.5 Primary Interviews With Key Opinion Leaders
- 2.6 Dbmr Market Position Grid
- 2.7 Vendor Share Analysis
- 2.8 Market End-user Coverage Grid
- 2.9 Multivariate Modelling
- 2.10 Type Curve
- 2.11 Challenge Matrix
- 2.12 Secondary Sources
- 2.13 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 4.1 Technological Advancements By Manufacturers
- 4.2 Porter’s Five Force Analysis
- 4.3 Vendor Selection Criteria
- 4.4 Pestel Analysis
- 4.5 Key Patent Analysis
- 4.5.1 Method For Producing Sintered Ndfeb Magnet
- 4.5.2 Method For Recovery Of Ndfeb Grains From Bulk Sintered Nd—fe—b Magnets And/Or Magnet Scraps By Electrochemical Etching
- 4.5.3 Method And System For Recovering Rare Earth Elements From Within An Object
- 4.6 Regulation Coverage
- 4.7 Brand Comparative Analysis
- 4.8 Major Manufacturers/Suppliers In Ndfeb Market
- 5 Supply Chain Analysis
- 5.1 Overview
- 5.2 Logistic Cost Scenario
- 5.3 Importance Of Logistic Service Providers
- 6 Climate Change Scenario
- 6.1 Environmental Concerns
- 6.2 Industry Response
- 6.3 Government's Role
- 6.4 Analyst Recommendation
- 7 Market Overview
- 7.1 Drivers
- 7.1.1 Continuous Rise In Demand For Permanent Magnet
- 7.1.2 Penetration Of Electric Vehicles Across The Market
- 7.1.3 Rise In Application Of Rare Earth Magnet In Healthcare And Consumer Electronics Sector
- 7.2 Restraints
- 7.2.1 Higher Price Range Of Permanent Magnet
- 7.2.2 Low Corrosion Resistance And Higher Brittleness Of Permanent Magnet
- 7.3 Opportunities
- 7.3.1 Growing Demand For Rare Earth Elements In The Renewable Energy Sector
- 7.3.2 Increasing Need For Rare Earth Magnets In Electronic & Electrical Systems
- 7.3.3 Presence Of High Reserve Of Rare Earth Elements In India
- 7.4 Challenges
- 7.4.1 Environmental And Health Concerns Associated With Rare Earth Elements Mining
- 7.4.2 Lack Of Infrastructure In The Indian Rare Earth Industry
- 8 India Rare Earth Magnet Market, By Type
- 8.1 Overview
- 8.2 Ndfeb Magnet
- 8.2.1 Sintered Ndfeb Magnet
- 8.2.2 Bonded Ndfeb Magnet
- 8.2.3 Hot-pressed Ndfeb Magnet
- 8.3 Samarium Cobalt Magnet (Smco)
- 8.3.1 Sm2co17
- 8.3.2 Smco5
- 9 India Rare Earth Magnet Market, By Product
- 9.1 Overview
- 9.2 Rectangular
- 9.3 Circular Disc Magnets
- 9.4 Cylindrical Rod Magnets
- 9.5 Circular Ring Magnets
- 9.6 Countersunk Magnets
- 9.7 Pot & Clamping Magnets
- 9.8 Hook & Eyebolt Magnets
- 9.9 Self-adhesive
- 10 India Rare Earth Magnet Market, By Application
- 10.1 Overview
- 10.2 Consumer Electronics
- 10.3 Automotive Industry
- 10.3.1 Electric 2 & 3 Wheelers
- 10.3.2 Electric 4 Wheelers
- 10.3.3 Others
- 10.4 Renewable Energy
- 10.5 Aerospace Industry
- 10.6 Food & Drink Processing
- 10.7 Deep Sea Exploration
- 10.8 Others
- 11 India Rear Earth Magnet Market: Company Landscape
- 11.1 Company Share Analysis: India
- 12 Swot Analysis
- 13 Company Profile
- 13.1 Star Trace Private Limited
- 13.1.1 Company Snapshot
- 13.1.2 Product Portfolio
- 13.1.3 Recent Development
- 13.2 Kumar Magnetic Industries
- 13.2.1 Company Snapshot
- 13.2.2 Products Portfolio
- 13.2.3 Recent Development
- 13.3 Ashvini Magnets
- 13.3.1 Company Snapshot
- 13.3.2 Product Portfolio
- 13.3.3 Recent Development
- 13.4 Dura Magnets Pvt. Ltd
- 13.4.1 Company Snapshot
- 13.4.2 Product Portfolio
- 13.4.3 Recent Development
- 13.5 Jai Mag Industries
- 13.5.1 Company Snapshot
- 13.5.2 Product Portfolio
- 13.5.3 Recent Development
- 13.6 Jd Magnetic Impex
- 13.6.1 Company Snapshot
- 13.6.2 Products Portfolio
- 13.6.3 Recent Development
- 13.7 Magna Tronix
- 13.7.1 Company Snapshot
- 13.7.2 Products Portfolio
- 13.7.3 Recent Developments
- 13.8 Shree Shakti Industries
- 13.8.1 Company Snapshot
- 13.8.2 Product Portfolio
- 13.8.3 Recent Development
- 14 Questionnaire
- 15 Related Reports
- List Of Tables
- Table 1 Some Global Ndfeb Manufacturer/Suppliers
- Table 2 Some Indian Ndfeb Manufacturer/Suppliers
- Table 3 Country Mine Production & Reserves Of 2020
- Table 4 India Rare Earth Magnet Market, By Type, 2020-2029 (Usd Million)
- Table 5 India Rare Earth Magnet Market, By Type, 2020-2029 (Tons)
- Table 6 India Ndfeb Magnet In Rare Earth Magnet Market, By Type, 2020-2029 (Usd Million)
- Table 7 India Ndfeb Magnet In Rare Earth Magnet Market, By Type, 2020-2029 (Tons)
- Table 8 India Samarium Cobalt Magnet (Smco) In Rare Earth Magnet Market, By Type, 2020-2029 (Usd Million)
- Table 9 India Samarium Cobalt Magnet (Smco) In Rare Earth Magnet Market, By Type, 2020-2029 (Tons)
- Table 10 India Rare Earth Magnet Market, By Product, 2020-2029 (Usd Million)
- Table 11 India Rare Earth Magnet Market, By Product, 2020-2029 (Tons)
- Table 12 India Rare Earth Magnet Market, By Application, 2020-2029 (Usd Million)
- Table 13 India Rare Earth Magnet Market, By Application, 2020-2029 (Tons)
- Table 14 India Automotive Industry In Rare Earth Magnet Market, By Type, 2020-2029 (Usd Million)
- Table 15 India Automotive Industry In Rare Earth Magnet Market, By Type, 2020-2029 (Tons)
- List Of Figures
- Figure 1 India Rare Earth Magnet Market: Segmentation
- Figure 2 India Rare Earth Magnet Market: Data Triangulation
- Figure 3 India Rare Earth Magnet Market: Droc Analysis
- Figure 4 India Rare Earth Magnet Market: Regional Market Analysis
- Figure 5 India Rare Earth Magnet Market: Company Research Analysis
- Figure 6 India Rare Earth Magnet Market: Interview Demographics
- Figure 7 India Rare Earth Magnet Market: Dbmr Market Position Grid
- Figure 8 India Rare Earth Magnet Market: Vendor Share Analysis
- Figure 9 India Rare Earth Magnet Market: Market End-user Coverage Grid
- Figure 10 India Rare Earth Magnet Market: Segmentation
- Figure 11 Continuous Rise In Demand For Permanent Magnet Is Expected To Drive India Rare Earth Magnet Market In The Forecast Period Of 2021 To 2029
- Figure 12 Ndfeb Magnet Segment Is Expected To Account For The Largest Share Of India Rare Earth Magnet Market In 2022 To 2029
- Figure 13 Supply Chain For Rare Earth Magnet
- Figure 14 Drivers, Restraints, Opportunities & Challenges Of India Rare Earth Magnet Market
- Figure 15 Applications Of Permanent Magnets By Market Share (2019)
- Figure 16 Electric Vehicle Sales In India (2020)
- Figure 17 India Rare Earth Magnet Market: By Type, 2021
- Figure 18 India Rare Earth Magnet Market: By Product, 2021
- Figure 19 India Rare Earth Magnet Market: Application, 2021
- Figure 20 India Rear Earth Magnet Market: Company Share 2021 (%)
Pricing
Currency Rates
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