Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Product Types (Semi-hard Magnet, Soft Magnet, Hard Magnet), By Applications (Automotive, Electronics, Industrial, Power Generation, Others) And Competitive Landscape
Product Code: ETC056737 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Magnetic Materials Market is estimated to register sound revenues in the coming timeframe on the back of the rising wide scope of product application in multiple sectors like automotive and power generation. Moreover, on the basis of the countries, India Magnetic Materials Market is estimated to generate high sales revenues in the market underpinned by a rising potential growth of the pharmaceutical industry. Hence, the rising manufacturing of medicine and drugs has simultaneously increased the application of magnetic tubes to detect iron and other contaminations in pharmaceutical ingredients and is estimated to proliferate the growth of the Asia Pacific magnetic materials market in the coming timeframe.
Asia Pacific Magnetic Materials Market is expected to register growth in the coming years. Asia-Pacific accounted for the highest market share of the global permanent magnetic material market in 2015. With travel restrictions and lockdown situations in most countries, foundries have been closed, and several events have also been canceled, badly affecting magnetic materials industry players. The international trade fairs were also canceled due to lockdowns in several regions of the world. Moreover, key industry participants like the TDK Corporation have sent its workers to quarantine and also started to work with reduced workforce strength.
According to 6Wresearch, Asia Pacific Magnetic Materials Market is expected to register growth throughout the forecast period 2021-2027. The regions where the magnetic material market is in the boom are China and Japan the major countries driving the soft magnetic materials market in the region. The automobile industry in China is witnessing exponential growth. The annual production of automobiles in China has exceeded the combined production of the U.S., Japan, and the European countries, since 2009. Companies such as Hitachi Metals Co. Ltd. (Japan), Toshiba Materials Co. Ltd. (Japan), Daido Steel Company Ltd (Japan), Steward Advanced Materials (U.S.), syntax a/s (Denmark), are the leading market players in the global soft magnetic materials market. Soft magnetic materials are also used in various electronic devices such as wireless charging, data storage devices, sensors, high-frequency products amongst others. According to the International Renewable Energy Agency (IRENA), governments are majorly investing in solar energy sources and it has the largest share compared to other renewable sources in Asia-Pacific. Conversion technologies for wind and solar also require magnetic converters to convert solar or wind energy into electrical energy.
On the basis of types, the Magnetic Materials Market from 2015 to 2023 is primarily split into Soft Magnetic Materials, Permanent Magnetic Materials, and Semi-Hard Magnetic Materials. On the basis of applications, the Magnetic Materials Market from 2015 to 2025 covers: Automotive, Electrical and Electronics, telecommunications, Energy, and Power Others. Magnetic materials are utilized in the creation and distribution of electricity, and, in most cases, in the appliances that use that electricity. In Asia-Pacific, the countries that play a major role in the magnetic material market are China, Japan, India, South Korea, and Thailand.
The Asia Pacific magnetic materials market report thoroughly covers the market by distribution channel, product type, and countries including China, Japan, India, South Korea, Australia, and the rest of Asia Pacific. Asia- pacific magnetic market outlook report provides an unbiased and detailed analysis of the Ongoing market opportunities/high growth area, trends, market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Magnetic Materials Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Magnetic Materials Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Magnetic Materials Market - Industry Life Cycle |
3.4 Asia Pacific Magnetic Materials Market - Porter's Five Forces |
3.5 Asia Pacific Magnetic Materials Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Magnetic Materials Market Revenues & Volume Share, By Product Types, 2020 & 2027F |
3.7 Asia Pacific Magnetic Materials Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Asia Pacific Magnetic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Magnetic Materials Market Trends |
6 Asia Pacific Magnetic Materials Market, 2017 - 2027 |
6.1 Asia Pacific Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
6.2 Asia Pacific Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
7 China Magnetic Materials Market, 2017 - 2027 |
7.1 China Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
7.2 China Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
8 India Magnetic Materials Market, 2017 - 2027 |
8.1 India Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
8.2 India Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
9 Japan Magnetic Materials Market, 2017 - 2027 |
9.1 Japan Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
9.2 Japan Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
10 Australia Magnetic Materials Market, 2017 - 2027 |
10.1 Australia Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
10.2 Australia Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
11 Indonesia Magnetic Materials Market, 2017 - 2027 |
11.1 Indonesia Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
11.2 Indonesia Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
12 Philippines Magnetic Materials Market, 2017 - 2027 |
12.1 Philippines Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
12.2 Philippines Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
13 Thailand Magnetic Materials Market, 2017 - 2027 |
13.1 Thailand Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
13.2 Thailand Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
14 Malaysia Magnetic Materials Market, 2017 - 2027 |
14.1 Malaysia Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
14.2 Malaysia Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
15 Singapore Magnetic Materials Market, 2017 - 2027 |
16 Rest of Asia Magnetic Materials Market, 2017 - 2027 |
16.1 Rest of Asia Magnetic Materials Market, Revenues & Volume, By Product Types, 2017 - 2027 |
16.2 Rest of Asia Magnetic Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
17 Asia Pacific Magnetic Materials Market Key Performance Indicators |
18 Asia Pacific Magnetic Materials Market - Opportunity Assessment |
18.1 Asia Pacific Magnetic Materials Market Opportunity Assessment, By Countries, 2020 & 2027F |
18.2 Asia Pacific Magnetic Materials Market Opportunity Assessment, By Product Types, 2020 & 2027F |
18.3 Asia Pacific Magnetic Materials Market Opportunity Assessment, By Applications, 2020 & 2027F |
19 Asia Pacific Magnetic Materials Market - Competitive Landscape |
19.1 Asia Pacific Magnetic Materials Market Revenue Share, By Companies, 2020 |
19.2 Asia Pacific Magnetic Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |