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World Magnets

World Magnets

Growth in the world market for permanent magnets (or permanent magnetic materials) will average 7.3% annually to $16.2 billion in 2019.  Demand will be fueled by rising durable goods production and increases in the number of applications for magnets.  An easing of global pricing pressures and raw material supplies due to the elimination of rare earth export quotas and taxes by the Chinese government will also help boost demand.

This report segments the magnet industry by product and market.  Data is provided in millions of dollars.  Total demand is also presented in metric tons at the country and regional levels.

Products include:
Ferrite (ceramic)
Neodymium (also called NdFeB and neo)
Samarium cobalt (SmCo)
Alnico and other

Neodymium will remain the largest of these in dollar terms in 2019, accounting for 70% of total demand.  It will also record the fastest gains because of the superior performance it can provide.  Ferrite magnets will continue to dominate demand in metric tons because of their much lower cost.

Major markets include:
Automotive
Electronics
Industrial
Other

Electronics was the leading market in 2014, accounting for 37% of sales.  The most rapid gains through 2019 are forecast for the automotive market, fueled by growth in production and the rising number of magnet-using devices in new vehicles.

World regions covered in the study include:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast

The Africa/Mideast region will register the strongest advances, rising from an extremely small current market base.  However, the Asia/Pacific region will remain considerably larger, with China alone accounting for 46% of the 2019 world dollar total.

Hundreds of manufacturers active in the industry, most of which are small.  Among the leading producers are Advanced Technology & Materials, Beijing Zhong Ke San Huan, Daido Steel, Hengdian Group, Hitachi, MagX, Ningbo Yunsheng, OM Group, Shin-Etsu Chemical, and TDK.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WORLD MAGNET DEMAND
  • MARKET ENVIRONMENT
    • General
    • World Economic Overview
      • Recent Historical Trends
      • World Economic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION
    • World Durable Goods Manufacturing Outlook
      • Table WORLD DURABLE GOODS MANUFACTURING VALUE ADDED BY PRODUCT & REGION
    • World Motor Vehicle Production Trends
      • Table WORLD MOTOR VEHICLE PRODUCTION BY TYPE & REGION
    • World Hybrid & Electric Vehicle Outlook
      • Table WORLD HYBRID & ELECTRIC VEHICLE SALES BY TYPE & REGION
    • World Electronic Equipment Outlook
      • Table WORLD ELECTRONIC EQUIPMENT MANUFACTURING VALUE ADDED BY REGION
    • World Electric Motor Shipments
      • Table WORLD ELECTRIC MOTOR SHIPMENTS
    • Pricing Patterns
      • Table CHART II-1 WORLD MAGNET RAW MATERIAL PRICES, 2004-2014
      • Table WORLD MAGNET PRICES
      • Table CHART II-2 WORLD MAGNET PRICES, 2004-2024
    • Technological Trends
      • Table CHART II-3 RELATIVE MAGNET SIZE FOR THE SAME MAXIMUM ENERGY PRODUCT
    • Legal & Regulatory Environment
  • WORLD SUPPLY & DEMAND
    • General
    • Regional Overview
      • Demand
        • Table WORLD MAGNET VALUE DEMAND BY REGION
        • Table WORLD MAGNET VOLUME DEMAND BY REGION
        • Table CHART III-1 WORLD MAGNET DEMAND BY REGION, 2014 By Value
        • Table CHART III-2 WORLD MAGNET DOLLAR DEMAND: PROJECTED 2014-2019 ANNUAL RATE OF GROWTH
      • Production
        • Table WORLD MAGNET SHIPMENTS BY REGION
        • Table CHART III-3 WORLD MAGNET SHIPMENTS BY REGION, 2014
      • International Trade
        • Table WORLD MAGNET NET EXPORTS BY REGION
    • Demand by Product
      • Table WORLD MAGNET DEMAND BY PRODUCT
      • Table CHART III-4 WORLD MAGNET DEMAND BY PRODUCT, 2014
      • Neodymium
        • Table WORLD NEODYMIUM MAGNET DEMAND BY REGION
      • Ferrite
        • Table WORLD FERRITE MAGNET DEMAND BY REGION
      • Samarium Cobalt
        • Table WORLD SAMARIUM COBALT MAGNET DEMAND BY REGION
      • Alnico & Other
        • Table WORLD DEMAND FOR ALNICO & OTHER MAGNETS BY TYPE & REGION
    • Demand by Market
      • Table WORLD MAGNET DEMAND BY MARKET
      • Table CHART III-5 WORLD MAGNET DEMAND BY MARKET, 2014
      • Electronics
        • Table WORLD ELECTRONICS MAGNET DEMAND BY REGION
      • Industrial
        • Table WORLD INDUSTRIAL MAGNET DEMAND BY APPLICATION & REGION
      • Automotive
        • Table WORLD AUTOMOTIVE MAGNET DEMAND BY VEHICLE TYPE, APPLICATION, ®ION
      • Other
        • Table WORLD DEMAND FOR MAGNETS USED IN OTHER MARKETS BY SEGMENT & REGION
  • NORTH AMERICA
    • North America: Economic Overview
    • North America: Magnet Supply & Demand
      • Table NORTH AMERICA: MAGNET SUPPLY & DEMAND
    • North America: Magnet Market Outlook
      • Table NORTH AMERICA: MAGNET DEMAND BY PRODUCT & MARKET
      • Table CHART IV-1 NORTH AMERICA: MAGNET DEMAND BY COUNTRY, 2014
    • United States
      • United States: Economic Overview
      • United States: Magnet Supply & Demand
        • Table UNITED STATES: MAGNET SUPPLY & DEMAND
      • United States: Magnet Market Outlook
        • Table UNITED STATES: MAGNET DEMAND BY PRODUCT & MARKET
    • Canada
      • Canada: Economic Overview
      • Canada: Magnet Supply & Demand
        • Table CANADA: MAGNET SUPPLY & DEMAND
      • Canada: Magnet Market Outlook
        • Table CANADA: MAGNET DEMAND BY PRODUCT & MARKET
    • Mexico
      • Mexico: Economic Overview
      • Mexico: Magnet Supply & Demand
        • Table MEXICO: MAGNET SUPPLY & DEMAND
      • Mexico: Magnet Market Outlook
        • Table MEXICO: MAGNET DEMAND BY PRODUCT & MARKET
  • WESTERN EUROPE
    • Western Europe: Economic Overview
    • Western Europe: Magnet Supply & Demand
      • Table WESTERN EUROPE: MAGNET SUPPLY & DEMAND
    • Western Europe: Magnet Market Outlook
      • Table WESTERN EUROPE: MAGNET DEMAND BY PRODUCT & MARKET
      • Table CHART V-1 WESTERN EUROPE: MAGNET DEMAND BY COUNTRY, 2014
    • Germany
      • Germany: Economic Overview
      • Germany: Magnet Supply & Demand
        • Table GERMANY: MAGNET SUPPLY & DEMAND
      • Germany: Magnet Market Outlook
        • Table GERMANY: MAGNET DEMAND BY PRODUCT & MARKET
    • France
      • France: Economic Overview
      • France: Magnet Supply & Demand
        • Table FRANCE: MAGNET SUPPLY & DEMAND
      • France: Magnet Market Outlook
        • Table FRANCE: MAGNET DEMAND BY PRODUCT & MARKET
    • Italy
      • Italy: Economic Overview
      • Italy: Magnet Supply & Demand
        • Table ITALY: MAGNET SUPPLY & DEMAND
      • Italy: Magnet Market Outlook
        • Table ITALY: MAGNET DEMAND BY PRODUCT & MARKET
    • United Kingdom
      • United Kingdom: Economic Overview
      • United Kingdom: Magnet Supply & Demand
        • Table UNITED KINGDOM: MAGNET SUPPLY & DEMAND
      • United Kingdom: Magnet Market Outlook
        • Table UNITED KINGDOM: MAGNET DEMAND BY PRODUCT & MARKET
    • Switzerland
      • Switzerland: Economic Overview
      • Switzerland: Magnet Supply & Demand
        • Table SWITZERLAND: MAGNET SUPPLY & DEMAND
      • Switzerland: Magnet Market Outlook
        • Table SWITZERLAND: MAGNET DEMAND BY PRODUCT & MARKET
    • Other Western Europe
      • Other Western Europe: Economic Overview
      • Other Western Europe: Magnet Supply & Demand
        • Table OTHER WESTERN EUROPE: MAGNET SUPPLY & DEMAND
      • Other Western Europe: Magnet Market Outlook
        • Table OTHER WESTERN EUROPE: MAGNET DEMAND BY PRODUCT & MARKET
      • Other Western Europe: Magnet Demand by Country
        • Table OTHER WESTERN EUROPE: MAGNET SUPPLY & DEMAND BY COUNTRY
  • ASIA/PACIFIC
    • Asia/Pacific: Economic Overview
    • Asia/Pacific: Magnet Supply & Demand
      • Table ASIA/PACIFIC: MAGNET SUPPLY & DEMAND
    • Asia/Pacific: Magnet Market Outlook
      • Table ASIA/PACIFIC: MAGNET DEMAND BY PRODUCT & MARKET
      • Table CHART VI-1 ASIA/PACIFIC: MAGNET DEMAND BY COUNTRY, 2014
    • China
      • China: Economic Overview
      • China: Magnet Supply & Demand
        • Table CHINA: MAGNET SUPPLY & DEMAND
      • China: Magnet Market Outlook
        • Table CHINA: MAGNET DEMAND BY PRODUCT & MARKET
    • Japan
      • Japan: Economic Overview
      • Japan: Magnet Supply & Demand
        • Table JAPAN: MAGNET SUPPLY & DEMAND
      • Japan: Magnet Market Outlook
        • Table JAPAN: MAGNET DEMAND BY PRODUCT & MARKET
    • South Korea
      • South Korea: Economic Overview
      • South Korea: Magnet Supply & Demand
        • Table SOUTH KOREA: MAGNET SUPPLY & DEMAND
      • South Korea: Magnet Market Outlook
        • Table SOUTH KOREA: MAGNET DEMAND BY PRODUCT & MARKET
    • Thailand
      • Thailand: Economic Overview
      • Thailand: Magnet Supply & Demand
        • Table THAILAND: MAGNET SUPPLY & DEMAND
      • Thailand: Magnet Market Outlook
        • Table THAILAND: MAGNET DEMAND BY PRODUCT & MARKET
    • Malaysia
      • Malaysia: Economic Overview
      • Malaysia: Magnet Supply & Demand
        • Table MALAYSIA: MAGNET SUPPLY & DEMAND
      • Malaysia: Magnet Market Outlook
        • Table MALAYSIA: MAGNET DEMAND BY PRODUCT & MARKET
    • India
      • India: Economic Overview
      • India: Magnet Supply & Demand
        • Table INDIA: MAGNET SUPPLY & DEMAND
      • India: Magnet Market Outlook
        • Table INDIA: MAGNET DEMAND BY PRODUCT & MARKET
    • Taiwan
      • Taiwan: Economic Overview
      • Taiwan: Magnet Supply & Demand
        • Table TAIWAN: MAGNET SUPPLY & DEMAND
      • Taiwan: Magnet Market Outlook
        • Table TAIWAN: MAGNET DEMAND BY PRODUCT & MARKET
    • Vietnam
      • Vietnam: Economic Overview
      • Vietnam: Magnet Supply & Demand
        • Table VIETNAM: MAGNET SUPPLY & DEMAND
      • Vietnam: Magnet Market Outlook
        • Table VIETNAM: MAGNET DEMAND BY PRODUCT & MARKET
    • Indonesia
      • Indonesia: Economic Overview
      • Indonesia: Magnet Supply & Demand
        • Table INDONESIA: MAGNET SUPPLY & DEMAND
      • Indonesia: Magnet Market Outlook
        • Table INDONESIA: MAGNET DEMAND BY PRODUCT & MARKET
    • Other Asia/Pacific
      • Other Asia/Pacific: Economic Overview
      • Other Asia/Pacific: Magnet Supply & Demand
        • Table OTHER ASIA/PACIFIC: MAGNET SUPPLY & DEMAND
      • Other Asia/Pacific: Magnet Market Outlook
        • Table OTHER ASIA/PACIFIC: MAGNET DEMAND BY PRODUCT & MARKET
  • OTHER REGIONS
    • Central & South America
      • Central & South America: Economic Overview
      • Central & South America: Magnet Supply & Demand
        • Table CENTRAL & SOUTH AMERICA: MAGNET SUPPLY & DEMAND
      • Central & South America: Magnet Market Outlook
        • Table CENTRAL & SOUTH AMERICA: MAGNET DEMAND BY PRODUCT & MARKET
    • Eastern Europe
      • Eastern Europe: Economic Overview
      • Eastern Europe: Magnet Supply & Demand
        • Table EASTERN EUROPE: MAGNET SUPPLY & DEMAND
      • Eastern Europe: Magnet Market Outlook
        • Table EASTERN EUROPE: MAGNET DEMAND BY PRODUCT & MARKET
        • Table CHART VII-1 EASTERN EUROPE: MAGNET DEMAND BY COUNTRY, 2014
      • Russia
        • Table RUSSIA: MAGNET SUPPLY & DEMAND
        • Table RUSSIA: MAGNET DEMAND BY PRODUCT & MARKET
      • Czech Republic
        • Table CZECH REPUBLIC: MAGNET SUPPLY & DEMAND
        • Table CZECH REPUBLIC: MAGNET DEMAND BY PRODUCT & MARKET
      • Other Eastern Europe
        • Table OTHER EASTERN EUROPE: MAGNET SUPPLY & DEMAND
        • Table OTHER EASTERN EUROPE: MAGNET DEMAND BY PRODUCT & MARKET
        • Table OTHER EASTERN EUROPE: MAGNET SUPPLY & DEMAND BY COUNTRY
    • Africa/Mideast
      • Africa/Mideast: Economic Overview
      • Africa/Mideast: Magnet Supply & Demand
        • Table AFRICA/MIDEAST: MAGNET SUPPLY & DEMAND
      • Africa/Mideast: Magnet Market Outlook
        • Table AFRICA/MIDEAST: MAGNET DEMAND BY PRODUCT & MARKET
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table WORLD MAGNET SALES BY COMPANY, 2014
    • Market Share
      • Table CHART VIII-1 WORLD MAGNET MARKET SHARE, 2014
    • Research & Product Development
    • Manufacturing
    • Marketing & Distribution
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • Advanced Technology & Materials Company Limited
      • Aichi Steel Corporation
      • Anhui Astromagnet Company Limited
      • Anhui Earth-Panda Advance Magnetic Material Company Limited
      • Beijing Jingci Magnet Company
      • Beijing Zhong Ke San Huan Hi-Tech Company Limited
      • Chengdu Galaxy Magnets Company Limited
      • China Northern Rare Earth Group High-Tech Company Limited
      • Daido Steel Company Limited
      • Farinia Group
      • Guangzhou Newlife Magnet Electricity Company Limited
      • Hangzhou Permanent Magnet Group Company Limited
      • Hengdian Group Holdings Limited
      • Hitachi Limited
      • Hunan Aerospace Magnet & Magneto Company Limited
      • JAHWA Electronics Company Limited
      • JPMF Guangdong Company Limited
      • Kaneka Corporation
      • Kolektor Group doo
      • Magnum Magnetics Corporation
      • Magtech Industrial Company
      • MagX Company Limited
      • Mahindra & Mahindra Limited
      • MS-Schramberg GmbH & Company KG
      • Ningbo Jinji Strong Magnetic Material Company Limited
      • Ningbo Jintian Copper Group Company Limited
      • Ningbo Permanent Magnetics Company Limited
      • Ningbo Yunsheng Company Limited
      • OM Group Incorporated
      • One Magnet Electronic Company Limited
      • Rising Nonferrous Metals Company Limited
      • Shenyang General Magnetic Company Limited
      • Shin-Etsu Chemical Company Limited
      • TDK Corporation
      • Thomas and Skinner Incorporated
      • Westmag Technology Corporation Limited
      • Xiamen Tungsten Company Limited
      • Yantai Shougang Magnetic Materials Incorporated
      • Yantai Zhenghai Magnetic Material Company Limited
      • YX Magnetic SA
      • Zhejiang Kaiven Holdings Group Company Limited
    • Other Companies Mentioned in Study

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