先端磁性材料市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年1月

Advanced Magnetic Materials Market – Global Forecast to 2028

先端磁性材料市場 : 種類(永久磁石材料、半硬磁性材料、軟磁性材料)、最終用途産業(自動車、エレクトロニクス、産業、発電、医療)、地域別 – 2028年までの世界予測
Advanced Magnetic Materials Market by Type (Permanent Magnet Materials, Semi-Hard Magnetic Materials, Soft Magnetic Materials), End-Use Industry (Automotive, Electronics, Industrial, Power Generation, Medical), And Region – Global Forecast to 2028

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Report Overview

The advanced magnetic materials market is estimated to be USD 24.2 billion in 2023 and is projected to reach USD 38.2 billion by 2028, at a CAGR of 9.5% between 2023 and 2028.

先端磁性材料市場は2023年に242億米ドルと推定され、2023年から2028年までのCAGRは9.5%で、2028年までに382億米ドルに達すると予測されています。

The increasing demand for advanced magnetic materials in automotive, industrial and power generation industry is one of the most significant factors projected to drive the growth of the advanced magnetic materials market. 

先端磁性材料市場 : 2028年までの世界予測
先端磁性材料市場 : 2028年までの世界予測 12


“increasing usage of EVs with high energy efficiency to drive the advanced magnetic materials market”
Demand for electric vehicles is booming. As per (International Energy Agency) IEA’s annual Global Electric Vehicle Outlook, there were more than 10 million electric cars sold worldwide in 2022. The limited range of electric vehicles and limited infrastructure is restraining the wide adoption of electric vehicles. The electric cars have an average range of 400 Kms.
Advanced magnets play a vital role in minimizing energy losses within electric motors. By utilizing high-performance magnets with reduced coercivity and hysteresis losses, the amount of energy dissipated during the magnetization and demagnetization processes is decreased. This leads to improved motor efficiency and decreased energy consumption, contributing to overall energy savings.

“Fluctuating raw material cost  to restrain for advanced magnetic materials market.”
The volatility of raw material prices is a major constraint on the growth of the advanced magnet market. This has a wide range of implications for manufacturing companies, as they are faced with unexpected obstacles that destabilize supply chains and make it difficult to deliver high-quality products at low prices while still making a profit. Rising energy costs and unpredictable fluctuations in raw material prices are just two examples of these challenges.
The price of rare earth metals and other raw materials used to manufacture advanced magnets has fluctuated significantly in recent years. This has had a negative impact on the quality and quantity of advanced magnets produced, as manufacturers have been forced to pass on the additional costs to consumers. This has led to a decrease in the consumption of advanced magnets, as well as a tarnished image of these materials as being cost-effective. In the case of rare earth permanent magnets, the prices of rare earth materials such as dysprosium and neodymium are particularly volatile due to increasing supply constraints from China. This has made it difficult for manufacturers to maintain a consistent supply of these materials, which has further impacted the quality and quantity of permanent magnets produced.
The prices of neodymium magnets and samarium cobalt magnets are highly volatile due to the fluctuating prices of rare earth minerals. In contrast, the prices of ferrite and alnico magnets are relatively stable due to the stable supply chains of iron and cobalt. These fluctuations in raw material prices have been a major constraint on the growth of the permanent magnets market.

“Usage of advanced materials in wafer processing and lithography to provide an opportunity for the advanced magnetic materials market.”
Wafer processing and lithography utilize advanced materials for a variety of complex procedures. To separate distinctive kinds of particles, advanced magnetic materials are employed. In semiconductor fabrication, for example, a magnetic field is deployed to attract metal particles off the surface of wafers. They are also engaged in magnetic alignment, focusing, and shielding.
Because they can attain better levels of precision and efficiency than existing approaches, advanced magnetic materials are a potential technology for wafer processing and lithography. With the semiconductor industry expanding, improved magnetic materials are set to play an important role.

“Recycling of magnetic materials to be a major challenge for advanced magnetic materials market.”
Magnetic materials have superior properties, such as high strength, high coercivity, and temperature stability. However, recycling these materials is a challenging task. This is because magnetic materials are often mixed with other materials, making it difficult to separate the magnetic materials from the other materials. For example, rare earth magnets are made from a combination of various elements, including rare earth elements and other elements.
A report published by the Center for Research Recovery and Recycling states that the recycling of magnetic materials is a challenging task because of the following reasons:
• Magnetic materials are often mixed with other materials, making it difficult to separate the magnetic materials from the other materials.
• The separation process can be energy intensive.
• The separation process can release harmful pollutants into the environment.
Despite the challenges, there are a number of companies that are working to develop new recycling technologies for magnetic materials. These technologies are expected to make it easier and more sustainable to recycle magnetic materials in the future.
Recycling magnets can be done through a variety of processes, including hydrometallurgy for rare earth magnets. However, these processes can be harmful to the environment and expensive, as they often require magnets to be shredded or dissolved in acid.

“Asia Pacific to be the dominating region in advanced magnetic materials market in terms of both value”
Asia Pacific led the advanced magnetic materials market, in terms of value, in 2022 and is projected to register a CAGR of 9.8% between 2023 and 2028. The growth of the region’s market is driven by increasing automotive companies focusing on developing hybrid and electric vehicles in the region. The demand for advanced magnets in the Asia Pacific region is increasing due to the nature of developing economy. With the increasing focus in development of silicon chipsets in the region, the need for advanced magnets for wafer lithography process is also finding surge in demand in the region. The Chinese chip manufacturer Semiconductor Manufacturing International Corporation (SMIC) is developing its homegrown 5g chips, after the chinese companies had been barred from purchasing 5g technologies from US based companies. The development process requires huge amounts of high quality advanced magnets for sorting and separation of raw materials for silicon wafer lithography, leading to the surge in demand for advanced magnets in China. Also, there is a lot of investments made in India for setting up semiconductor assembly plans which will boost the demand for advanced magnets. The industrial demand for advanced magnets is also experiencing a surge in the past few years due to the automation of industrial manufacturing process using advanced robots. The developments happening across various other end-use industries is driving the consumption of advanced magnets in the region, which will increase the demand for advanced magnetic materials in the region.

先端磁性材料市場 : 2028年までの世界予測 region


This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
• By Company Type- Tier 1- 60%, Tier 2- 20%, and Tier 3- 20%
• By Designation- C Level- 33%, Director Level- 33%, and Others- 34%
• By Region- North America- 20%, Europe- 25%, Asia Pacific (APAC) – 25%, Latin America-10%, Middle East & Africa (MEA)-20%


The report provides a comprehensive analysis of company profiles:
Prominent companies include Hitachi Metals Ltd. (Japan), TDK Corporation (Japan), Daido Steel Ltd. (Japan), Shin-Etsu Chemical Co. Ltd. (Japan), Arnold magnetic Technologies (US), Electron Energy Corporation (US), Anhuui Sinomag Technology Co. Ltd. (China), Neo (Canada), Yantai Dongxing Magnetic Materials Inc. (China), Dexter Magnetic Technologies, DMEGC (China), Master Magnetics Inc. (), Adams Magnetic Products Co. Inc. (US), Viona Magnetics, Guangdong Lingyl Co. Ltd. (China), Tengam, Engineering, Bogen Magnetics GmbH, Bunting Magnetics Co., Ningbo Yunsheng Co. Ltd. (China), Vacuumschmelze GmbH & Co. KG (Germany), among others.

Research Coverage
This report covers the global advanced magnetic materials market and forecasts the market size until 2028. It includes the following market segmentation – by Type (Permanent magnetic materials, Semi-hard magnetic materials. Soft magnetic materials), by End-Use Industry (Automotive, Electronics, Industrial, Power Generation, Medical, and Others), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America). A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services; key strategies; Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the advanced magnetic materials market. Competitive analysis of upcoming startups in the advanced magnetic materials market ecosystem is covered in this report.


Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall advanced magnetic materials market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


The report provides insights on the following pointers:
• Analysis of key drivers (Increasing usage of EVs with higher energy efficiency, Development of new industrial robots, Increasing demand for efficiency and miniaturization, Development and modernization of infrastructure), restraints (Recent trade bans imposed by Chinese government on new technologies that will affect the market, Fluctuating raw material cost, Lack of quality control in developing countries), opportunities (Usage of AlNiCo and ferrite materials for enhancing efficiency of electrical motors, Usaghe of advanced materials in wafer processing and lithography, Development of magneto carofic materials for HVAC), and challenges (High cost of rare earth magnets, Recycling of magnetic materials, Huge investment required in R&D) influencing the growth of the advanced magnetic materials market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the advanced magnetic materials market
• Market Development: Comprehensive information about lucrative markets – the report analyses the advanced magnetic materials market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the advanced magnetic materials industry market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Hitachi Metals Ltd. (Japan), TDK Corporation (Japan), Daido Steel Ltd. (Japan), Shin-Etsu Chemical Co. Ltd. (Japan), Arnold magnetic Technologies (US), Electron Energy Corporation (US), Anhuui Sinomag Technology Co. Ltd. (China), Neo (Canada), Yantai Dongxing Magnetic Materials Inc. (China), Dexter Magnetic Technologies, DMEGC (China), Master Magnetics Inc. (), Adams Magnetic Products Co. Inc. (US), Viona Magnetics, Guangdong Lingyl Co. Ltd. (China), Tengam, Engineering, Bogen Magnetics GmbH, Bunting Magnetics Co., Ningbo Yunsheng Co. Ltd. (China), Vacuumschmelze GmbH & Co. KG (Germany), among others in the advanced magnetic materials market

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.2.1      INCLUSIONS AND EXCLUSIONS 32

1.3         MARKET SCOPE             33

1.3.1      ADVANCED MAGNETIC MATERIALS MARKET SEGMENTATION 33

1.3.2      REGIONS COVERED      33

1.3.3      YEARS CONSIDERED     34

1.4         CURRENCY CONSIDERED          34

1.5         UNITS CONSIDERED     34

1.6         LIMITATIONS   34

1.7         STAKEHOLDERS            35

2            RESEARCH METHODOLOGY     36

2.1         RESEARCH DATA           36

FIGURE 1           ADVANCED MAGNETIC MATERIALS MARKET: RESEARCH DESIGN              36

2.1.1      SECONDARY DATA       37

2.1.1.1   Key data from secondary sources     37

2.1.2      PRIMARY DATA 38

2.1.2.1   Key data from primary sources         38

2.1.2.2   Key primary participants    38

2.1.2.3   Breakdown of primary interviews     39

2.1.2.4   Key industry insights          39

2.2         BASE NUMBER CALCULATION  40

2.2.1      APPROACH 1: DEMAND-SIDE ANALYSIS             40

2.2.2      APPROACH 2: SUPPLY-SIDE ANALYSIS  40

2.3         FORECAST NUMBER CALCULATION     41

2.3.1      SUPPLY SIDE    41

2.3.2      DEMAND SIDE  41

2.4         MARKET SIZE ESTIMATION       41

2.4.1      BOTTOM-UP APPROACH           42

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       42

2.4.2      TOP-DOWN APPROACH             42

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       42

2.5         DATA TRIANGULATION             43

FIGURE 4           ADVANCED MAGNETIC MATERIALS MARKET: DATA TRIANGULATION          43

2.6         IMPACT OF RECESSION 44

2.7         RESEARCH ASSUMPTIONS         44

2.8         RESEARCH LIMITATIONS AND RISKS     45

3            EXECUTIVE SUMMARY 46

FIGURE 5           PERMANENT MAGNETIC MATERIAL TYPE DOMINATED ADVANCED MAGNETIC MATERIALS MARKET IN 2022    46

FIGURE 6           AUTOMOTIVE END-USE INDUSTRY DOMINATED ADVANCED MAGNETIC MATERIALS MARKET IN 2022            47

FIGURE 7           ASIA PACIFIC TO REGISTER HIGHEST GROWTH IN ADVANCED MAGNETIC MATERIALS MARKET           48

4            PREMIUM INSIGHTS      49

4.1         ADVANCED MAGNETIC MATERIALS MARKET SIZE, BY VOLUME              49

FIGURE 8           DEMAND FROM END-USE INDUSTRIES TO DRIVE ADVANCED MAGNETIC MATERIALS MARKET           49

4.2         ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE 49

FIGURE 9           SOFT MAGNETIC MATERIAL TYPE SEGMENT DOMINATED OVERALL  MARKET IN 2022      49

4.3         ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY         50

FIGURE 10         AUTOMOTIVE END-USE INDUSTRY ACCOUNTED FOR LARGEST MARKET  SHARE IN 2022       50

4.4         ADVANCED MAGNETIC MATERIALS MARKET GROWTH,  BY KEY COUNTRIES      50

FIGURE 11         MARKET IN CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       50

5            MARKET OVERVIEW     51

5.1         INTRODUCTION            51

5.2         MARKET DYNAMICS     51

FIGURE 12         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN

ADVANCED MAGNETIC MATERIALS MARKET   51

5.2.1      DRIVERS            52

5.2.1.1   Increased use of EVs with higher energy efficiency      52

5.2.1.2   Development of new industrial robots            52

5.2.1.3   Rising demand for efficiency and miniaturization         52

5.2.1.4   Development and modernization of infrastructure       52

5.2.2      RESTRAINTS     53

5.2.2.1   Trade bans imposed by China government on new technologies 53

5.2.2.2   Fluctuating raw material cost           53

5.2.2.3   Lack of quality control in emerging economies             53

5.2.3      OPPORTUNITIES           54

5.2.3.1   Usage of advanced materials in wafer processing and lithography            54

5.2.3.2   Development of magneto calorific materials for HVAC 54

5.2.3.3   Use of AlNiCo and ferrite materials to enhance efficiency of electrical motors              54

5.2.4      CHALLENGES   55

5.2.4.1   Recycling of magnetic materials       55

5.2.4.2   High cost of rare earth magnets       55

5.2.4.3   Huge investments required in R&D 56

5.3         PORTER’S FIVE FORCES ANALYSIS         57

FIGURE 13         PORTER’S FIVE FORCES ANALYSIS: ADVANCED MAGNETIC MATERIALS MARKET    57

5.3.1      BARGAINING POWER OF SUPPLIERS     57

5.3.2      BARGAINING POWER OF BUYERS           58

5.3.3      THREAT OF SUBSTITUTES         58

5.3.4      THREAT OF NEW ENTRANTS    58

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 58

TABLE 1             PORTER’S FIVE FORCES ANALYSIS: ADVANCED MAGNETIC MATERIALS MARKET    59

5.4         TECHNOLOGY ANALYSIS           59

5.5         ECOSYSTEM: ADVANCED MAGNETIC MATERIALS MARKET       59

FIGURE 14         ADVANCED MAGNETIC MATERIALS MARKET: ECOSYSTEM              59

5.6         VALUE CHAIN ANALYSIS            60

FIGURE 15         VALUE CHAIN ANALYSIS: ADVANCED MAGNETIC MATERIALS MARKET            60

5.6.1      MINING & EXTRACTION             60

5.6.2      SEPARATION    60

5.6.3      MANUFACTURING        61

5.6.4      END-USE INDUSTRIES  61

5.7         PRICING ANALYSIS        61

5.7.1      AVERAGE SELLING PRICE, BY TYPE (KEY PLAYERS)       62

FIGURE 16         AVERAGE SELLING PRICE OF KEY PLAYERS FOR DIFFERENT TYPES OF ADVANCED MAGNETIC MATERIALS (USD/KG)           62

5.7.2      AVERAGE SELLING PRICE, BY TYPE       62

FIGURE 17         AVERAGE SELLING PRICE BASED ON TYPE (USD/KG)   62

5.7.3      AVERAGE SELLING PRICE, BY END-USE INDUSTRY        63

FIGURE 18         AVERAGE SELLING PRICE BASED ON END-USE INDUSTRY (USD/KG)          63

5.7.4      AVERAGE SELLING PRICE TREND          63

TABLE 2            ADVANCED MAGNETIC MATERIALS: AVERAGE SELLING PRICE, BY REGION        63

5.8         SUPPLY CHAIN ANALYSIS          64

TABLE 3             SUPPLY CHAIN: ADVANCED MAGNETIC MATERIALS MARKET              64

5.9         KEY MARKETS FOR IMPORT/EXPORT   64

5.9.1      CHINA  64

5.9.2      US         64

5.9.3      GERMANY         65

5.9.4      FRANCE             65

5.9.5      JAPAN  65

5.10       PATENT ANALYSIS        65

5.10.1    INTRODUCTION            65

5.10.2    METHODOLOGY           65

5.10.3    DOCUMENT TYPE         65

TABLE 4             ADVANCED MAGNETIC MATERIALS MARKET: GLOBAL PATENTS           66

FIGURE 19         GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE        66

FIGURE 20         GLOBAL PATENT PUBLICATION TRENDS: 2012–2022     66

5.10.4    INSIGHTS          67

5.10.5    LEGAL STATUS OF PATENTS    67

FIGURE 21         ADVANCED MAGNETIC MATERIALS MARKET: LEGAL STATUS OF PATENTS     67

5.10.6    JURISDICTION ANALYSIS           67

FIGURE 22         GLOBAL JURISDICTION ANALYSIS         67

5.10.7    TOP APPLICANTS’ ANALYSIS    68

FIGURE 23         TDK CORPORATION REGISTERED HIGHEST NUMBER OF PATENTS           68

5.10.8    PATENTS BY TDK CORPORATION          68

5.10.9    PATENTS BY SANYO SPECIAL STEEL CO. LTD.   69

5.10.10  TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS            69

5.11       CASE STUDY ANALYSIS 70

5.12       TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS 70

5.13       TARIFFS AND REGULATIONS    71

TABLE 5             CURRENT STANDARD CODES FOR ADVANCED MAGNETIC MATERIALS      71

5.14       KEY CONFERENCES       71

5.14.1    DETAILED LIST OF CONFERENCES & EVENTS RELATED TO ADVANCED MAGNETIC MATERIALS AND RELATED MARKETS  71

6            ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY         75

6.1         INTRODUCTION            76

FIGURE 24         AUTOMOTIVE SEGMENT LARGEST END-USE INDUSTRY IN ADVANCED MAGNETIC MATERIALS MARKET IN 2022    76

TABLE 6             ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION) 76

TABLE 7             ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION) 77

TABLE 8             ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)        77

TABLE 9             ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)        77

6.1.1      AUTOMOTIVE  78

6.1.1.1   Improvements in efficiency of electric motors to drive market    78

FIGURE 25         NORTH AMERICA AUTOMOTIVE END-USE INDUSTRY SEGMENT TO GROW  AT FASTEST RATE IN ADVANCED MAGNETIC MATERIALS MARKET  BETWEEN 2023 AND 2028            78

TABLE 10           ADVANCED MAGNETIC MATERIALS MARKET IN AUTOMOTIVE END-USE INDUSTRY,  BY REGION, 2020–2022 (USD MILLION)              79

TABLE 11           ADVANCED MAGNETIC MATERIALS MARKET IN AUTOMOTIVE END-USE INDUSTRY,  BY REGION, 2023–2028 (USD MILLION)              79

TABLE 12           ADVANCED MAGNETIC MATERIALS MARKET IN AUTOMOTIVE END-USE INDUSTRY,  BY REGION, 2020–2022 (KILOTON)              79

TABLE 13           ADVANCED MAGNETIC MATERIALS MARKET IN AUTOMOTIVE END-USE INDUSTRY,  BY REGION, 2023–2028 (KILOTON)              80

6.1.1.1.1 Motors   80

6.1.1.1.2 Sensors  80

6.1.1.1.3 Switches 80

6.1.1.1.4 Electric engines    80

6.1.1.1.5 Magnetic bearings             80

6.1.2      ELECTRONICS  81

6.1.2.1   Emerging applications in semiconductor and flash memory

to drive market    81

FIGURE 26         ASIA PACIFIC TO BE LARGEST MARKET FOR ADVANCED MAGNETIC MATERIALS IN ELECTRONICS END-USE INDUSTRY BETWEEN 2023 AND 2028           81

TABLE 14           ADVANCED MAGNETIC MATERIALS MARKET IN ELECTRONICS END-USE INDUSTRY,  BY REGION, 2020–2022 (USD MILLION)              81

TABLE 15           ADVANCED MAGNETIC MATERIALS MARKET IN ELECTRONICS END-USE INDUSTRY,  BY REGION, 2023–2028 (USD MILLION)              82

TABLE 16           ADVANCED MAGNETIC MATERIALS MARKET IN ELECTRONICS END-USE INDUSTRY,  BY REGION, 2020–2022 (KILOTON)              82

TABLE 17           ADVANCED MAGNETIC MATERIALS MARKET IN ELECTRONICS END-USE INDUSTRY,  BY REGION, 2023–2028 (KILOTON)              82

6.1.2.1.1 DC motors           83

6.1.2.1.2 Loudspeakers      83

6.1.3      INDUSTRIAL     83

6.1.3.1   Rapid industrialization in emerging countries to boost market   83

FIGURE 27         ASIA PACIFIC TO LEAD ADVANCED MAGNETIC MATERIALS MARKET IN INDUSTRIAL SEGMENT BETWEEN 2023 AND 2028   83

TABLE 18           ADVANCED MAGNETIC MATERIALS MARKET IN INDUSTRIAL END-USE INDUSTRY,  BY REGION, 2020–2022 (USD MILLION)   84

TABLE 19           ADVANCED MAGNETIC MATERIALS MARKET IN INDUSTRIAL END-USE INDUSTRY,  BY REGION, 2023–2028 (USD MILLION)   84

TABLE 20           ADVANCED MAGNETIC MATERIALS MARKET IN INDUSTRIAL END-USE INDUSTRY,  BY REGION, 2020–2022 (KILOTON)          84

TABLE 21           ADVANCED MAGNETIC MATERIALS MARKET IN INDUSTRIAL END-USE INDUSTRY,  BY REGION, 2023–2028 (KILOTON)          85

6.1.3.1.1 Magnetic assemblies          85

6.1.3.1.2 Magnetic separators          85

6.1.4      POWER GENERATION   85

6.1.4.1   Demand for energy-efficient power generators to boost market 85

FIGURE 28         ASIA PACIFIC TO LEAD ADVANCED MAGNETIC MATERIALS MARKET IN POWER GENERATION END-USE INDUSTRY BETWEEN 2023 AND 2028      86

TABLE 22           ADVANCED MAGNETIC MATERIALS MARKET IN POWER GENERATION END-USE INDUSTRY, BY REGION, 2020–2022 (USD MILLION)              86

TABLE 23           ADVANCED MAGNETIC MATERIALS MARKET IN POWER GENERATION END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)              86

TABLE 24           ADVANCED MAGNETIC MATERIALS MARKET IN POWER GENERATION END-USE INDUSTRY, BY REGION, 2020–2022 (KILOTON)  87

TABLE 25           ADVANCED MAGNETIC MATERIALS MARKET IN POWER GENERATION END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)  87

6.1.4.1.1 Generators          87

6.1.4.1.2 Wind turbines      87

6.1.5      MEDICAL          88

6.1.5.1   Demand for implantable and scanning devices to drive market   88

FIGURE 29         NORTH AMERICA TO BE LARGEST MARKET FOR ADVANCED MAGNETIC MATERIALS IN MEDICAL INDUSTRY BETWEEN 2023 AND 2028              88

TABLE 26           ADVANCED MAGNETIC MATERIALS MARKET IN MEDICAL END-USE INDUSTRY, BY REGION, 2020–2022 (USD MILLION)      88

TABLE 27           ADVANCED MAGNETIC MATERIALS MARKET IN MEDICAL END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)      89

TABLE 28           ADVANCED MAGNETIC MATERIALS MARKET IN MEDICAL END-USE INDUSTRY, BY REGION, 2020–2022 (KILOTON)             89

TABLE 29           ADVANCED MAGNETIC MATERIALS MARKET IN MEDICAL END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)             89

6.1.5.2   Scanning devices 90

6.1.5.3   Implantable devices           90

6.1.6      OTHER END-USE INDUSTRIES  90

6.1.6.1   Aerospace & defense          90

6.1.6.2   Household equipment       90

6.1.6.3   Scientific and laboratory equipment 90

FIGURE 30         ASIA PACIFIC TO LEAD MARKET FOR ADVANCED MAGNETIC MATERIALS IN OTHER END-USE INDUSTRIES BETWEEN 2023 AND 2028 91

TABLE 30           ADVANCED MAGNETIC MATERIALS MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2020–2022 (USD MILLION)            91

TABLE 31           ADVANCED MAGNETIC MATERIALS MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2028 (USD MILLION)            91

TABLE 32           ADVANCED MAGNETIC MATERIALS MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2020–2022 (KILOTON)     92

TABLE 33           ADVANCED MAGNETIC MATERIALS MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2028 (KILOTON)     92

7            ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE 93

7.1         INTRODUCTION            94

FIGURE 31         PERMANENT MAGNETIC MATERIALS SEGMENT TO LEAD ADVANCED MAGNETIC MATERIALS MARKET IN 2028    94

TABLE 34           ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE, 2020–2022 (USD MILLION)     94

TABLE 35           ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE, 2020–2022 (KILOTON)             94

TABLE 36           ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE, 2023–2028 (USD MILLION)     95

TABLE 37           ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE, 2023–2028 (KILOTON)             95

7.1.1      PERMANENT MAGNETIC MATERIALS   95

7.1.1.1   Demand for high-end applications to drive market       95

FIGURE 32         ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF PERMANENT ADVANCED MAGNETIC MATERIALS MARKET       96

TABLE 38           PERMANENT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2020–2022 (USD MILLION)     96

TABLE 39           PERMANENT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2020–2022 (KILOTON)            96

TABLE 40           PERMANENT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2023–2028 (USD MILLION)     97

TABLE 41           PERMANENT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2023–2028 (KILOTON)            97

7.1.2      SEMI-HARD MAGNETIC MATERIALS      97

7.1.2.1   Demand for balance of magnetic strength and ductility to drive market   97

FIGURE 33         ASIA PACIFIC TO LEAD SEMI-HARD ADVANCED MAGNETIC MATERIALS MARKET DURING FORECAST PERIOD         98

TABLE 42           SEMI-HARD ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2020–2022 (USD MILLION)     98

TABLE 43           SEMI-HARD ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2020–2022 (KILOTON)            98

TABLE 44           SEMI-HARD ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2023–2028 (USD MILLION)     99

TABLE 45           SEMI-HARD ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2023–2028 (KILOTON)            99

7.1.3      SOFT MAGNETIC MATERIALS   100

7.1.3.1   Applications requiring frequent changes in magnetic flux to drive market 100

FIGURE 34         ASIA PACIFIC TO BE LARGEST SOFT ADVANCED MAGNETIC MATERIALS MARKET    100

TABLE 46           SOFT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2020–2022 (USD MILLION)     100

TABLE 47           SOFT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION, 2020–2022 (KILOTON) 101

TABLE 48           SOFT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION,  2023–2028 (USD MILLION)     101

TABLE 49           SOFT ADVANCED MAGNETIC MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON) 101

8            ADVANCED MAGNETIC MATERIALS MARKET, BY REGION         102

8.1         INTRODUCTION            103

TABLE 50           ADVANCED MAGNETIC MATERIALS MARKET, BY REGION, 2020–2022 (USD MILLION)          103

TABLE 51           ADVANCED MAGNETIC MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)          103

TABLE 52           ADVANCED MAGNETIC MATERIALS MARKET, BY REGION, 2020–2022 (KILOTON)   103

TABLE 53           ADVANCED MAGNETIC MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)   104

8.2         NORTH AMERICA          104

FIGURE 35         NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET SNAPSHOT     105

8.2.1      IMPACT OF RECESSION ON NORTH AMERICA   105

8.2.2      NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY TYPE    106

TABLE 54           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (USD MILLION) 106

TABLE 55           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (USD MILLION) 106

TABLE 56           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (KILOTON)        107

TABLE 57           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (KILOTON)        107

8.2.3      NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY     107

TABLE 58           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     107

TABLE 59           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     108

TABLE 60           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            108

TABLE 61           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            108

8.2.4      NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY COUNTRY         109

TABLE 62           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (USD MILLION)      109

TABLE 63           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      109

TABLE 64           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (KILOTON)             109

TABLE 65           NORTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (KILOTON)             110

8.2.5      US         110

8.2.5.1   Increasing demand from automotive and electronics industries to boost market              110

TABLE 66           US: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION) 110

TABLE 67           US: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION) 111

TABLE 68           US: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)        111

TABLE 69           US: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)        111

8.2.6      CANADA            112

8.2.6.1   Rising demand for electric vehicles to boost market     112

TABLE 70           CANADA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           112

TABLE 71           CANADA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           112

TABLE 72           CANADA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    113

TABLE 73           CANADA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    113

8.2.7      MEXICO             113

8.2.7.1   Demand for renewable energy to boost market            113

TABLE 74           MEXICO: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY.  2020–2022 (USD MILLION)           114

TABLE 75           MEXICO: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           114

TABLE 76           MEXICO: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    114

TABLE 77           MEXICO: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    115

8.3         EUROPE             115

FIGURE 36         EUROPE: ADVANCED MAGNETIC MATERIALS MARKET SNAPSHOT        116

8.3.1      IMPACT OF RECESSION ON EUROPE     116

8.3.2      EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE              117

TABLE 78           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (USD MILLION)          117

TABLE 79           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (USD MILLION)          117

TABLE 80           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE, 2020–2022 (KILOTON)      117

TABLE 81           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE, 2023–2028 (KILOTON)      117

8.3.3      EUROPE: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY         118

TABLE 82           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           118

TABLE 83           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           118

TABLE 84           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    119

TABLE 85           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    119

8.3.4      EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY              120

TABLE 86           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (USD MILLION) 120

TABLE 87           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 120

TABLE 88           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (KILOTON)        120

TABLE 89           EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (KILOTON)        121

8.3.5      GERMANY         121

8.3.5.1   Increased production of electric vehicles to boost market           121

TABLE 90           GERMANY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           122

TABLE 91           GERMANY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           122

TABLE 92           GERMANY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    122

TABLE 93           GERMANY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    123

8.3.6      FRANCE             123

8.3.6.1   Automotive and power generation sectors to drive market         123

TABLE 94           FRANCE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           124

TABLE 95           FRANCE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           124

TABLE 96           FRANCE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    124

TABLE 97           FRANCE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    125

8.3.7      UK         125

8.3.7.1   Medical sector to drive market         125

TABLE 98           UK: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION) 126

TABLE 99           UK: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION) 126

TABLE 100         UK: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)        126

TABLE 101         UK: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)        127

8.3.8      ITALY   127

8.3.8.1   Government incentives for wind turbine installation to boost market       127

TABLE 102         ITALY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      128

TABLE 103         ITALY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      128

TABLE 104         ITALY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 128

TABLE 105         ITALY: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 129

8.3.9      REST OF EUROPE           129

TABLE 106         REST OF EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     129

TABLE 107         REST OF EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     130

TABLE 108         REST OF EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            130

TABLE 109         REST OF EUROPE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            130

8.4         ASIA PACIFIC    131

FIGURE 37         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET SNAPSHOT        132

8.4.1      IMPACT OF RECESSION ON ASIA PACIFIC           132

8.4.2      ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE              133

TABLE 110         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (USD MILLION)    133

TABLE 111         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (USD MILLION)    133

TABLE 112         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (KILOTON)            133

TABLE 113         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (KILOTON)            133

8.4.3      ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY 134

TABLE 114         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)        134

TABLE 115         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)        134

TABLE 116         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON) 135

TABLE 117         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON) 135

8.4.4      ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET,  BY COUNTRY         136

TABLE 118         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (USD MILLION)         136

TABLE 119         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)         136

TABLE 120         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (KILOTON)   136

TABLE 121         ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (KILOTON)   137

8.4.5      CHINA  137

8.4.5.1   Growth of automotive and electronics industries to drive market             137

TABLE 122         CHINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      138

TABLE 123         CHINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      138

TABLE 124         CHINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 138

TABLE 125         CHINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 139

8.4.6      INDIA   139

8.4.6.1   Improving business conditions across sectors to drive market     139

TABLE 126         INDIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      140

TABLE 127         INDIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      140

TABLE 128         INDIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 140

TABLE 129         INDIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 141

8.4.7      JAPAN  141

8.4.7.1   Growing automotive sector to drive market    141

TABLE 130         JAPAN: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      142

TABLE 131         JAPAN: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      142

TABLE 132         JAPAN: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 142

TABLE 133         JAPAN: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 143

8.4.8      SOUTH KOREA 143

8.4.8.1   Automotive and industrial sectors to boost market       143

TABLE 134         SOUTH KOREA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)        143

TABLE 135         SOUTH KOREA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)        144

TABLE 136         SOUTH KOREA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON) 144

TABLE 137         SOUTH KOREA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON) 144

8.4.9      REST OF ASIA PACIFIC  145

TABLE 138         REST OF ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     145

TABLE 139         REST OF ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     145

TABLE 140         REST OF ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY, 2020–2022 (KILOTON)         146

TABLE 141         REST OF ASIA PACIFIC: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            146

8.5         MIDDLE EAST & AFRICA             146

8.5.1      IMPACT OF RECESSION ON MIDDLE EAST & AFRICA     147

8.5.2      MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE             147

TABLE 142         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (USD MILLION) 147

TABLE 143         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (USD MILLION) 147

TABLE 144         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (KILOTON)        148

TABLE 145         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (KILOTON)        148

8.5.3      MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY 148

TABLE 146         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     148

TABLE 147         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     149

TABLE 148         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            149

TABLE 149         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            149

8.5.4      MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY    150

TABLE 150         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)         150

TABLE 151         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         150

TABLE 152         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY, 2020–2022 (KILOTON)  150

TABLE 153         MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY, 2023–2028 (KILOTON)  151

8.5.5      SAUDI ARABIA  151

8.5.5.1   Stringent regulations to drive market             151

TABLE 154         SAUDI ARABIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)        151

TABLE 155         SAUDI ARABIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)        152

TABLE 156         SAUDI ARABIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON) 152

TABLE 157         SAUDI ARABIA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON) 152

8.5.6      UAE      153

8.5.6.1   Renewable energy segment to drive market    153

TABLE 158         UAE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      153

TABLE 159         UAE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      153

TABLE 160         UAE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 154

TABLE 161         UAE: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 154

8.5.7      REST OF MIDDLE EAST & AFRICA           154

TABLE 162         REST OF MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY, 2020–2022 (USD MILLION)              155

TABLE 163         REST OF MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY, 2023–2028 (USD MILLION)              155

TABLE 164         REST OF MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY, 2020–2022 (KILOTON)  155

TABLE 165         REST OF MIDDLE EAST & AFRICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY, 2023–2028 (KILOTON)  156

8.6         SOUTH AMERICA           156

8.6.1      IMPACT OF RECESSION ON SOUTH AMERICA   156

8.6.2      SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY TYPE    157

TABLE 166         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (USD MILLION) 157

TABLE 167         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (USD MILLION) 157

TABLE 168         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2020–2022 (KILOTON)        157

TABLE 169         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY TYPE,  2023–2028 (KILOTON)        157

8.6.3      SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY END-USE INDUSTRY     158

TABLE 170         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     158

TABLE 171         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     158

TABLE 172         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            159

TABLE 173         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            159

8.6.4      SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET,  BY COUNTRY         160

TABLE 174         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)         160

TABLE 175         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      160

TABLE 176         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2020–2022 (KILOTON)             160

TABLE 177         SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY COUNTRY,  2023–2028 (KILOTON)             160

8.6.5      BRAZIL 161

8.6.5.1   Availability of raw materials to drive market   161

TABLE 178         BRAZIL: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           161

TABLE 179         BRAZIL: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    162

TABLE 180         BRAZIL: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           162

TABLE 181         BRAZIL: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    162

8.6.6      ARGENTINA      163

8.6.6.1   Growing automotive industry to drive market 163

TABLE 182         ARGENTINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           163

TABLE 183         ARGENTINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           163

TABLE 184         ARGENTINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    164

TABLE 185         ARGENTINA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    164

8.6.7      REST OF SOUTH AMERICA         164

TABLE 186         REST OF SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)              165

TABLE 187         REST OF SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)              165

TABLE 188         REST OF SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)    165

TABLE 189         REST OF SOUTH AMERICA: ADVANCED MAGNETIC MATERIALS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)    166

9            COMPETITIVE LANDSCAPE       167

9.1         INTRODUCTION            167

9.2         MARKET SHARE ANALYSIS         167

FIGURE 38         SHARE OF TOP COMPANIES IN ADVANCED MAGNETIC MATERIALS MARKET    167

9.3         MARKET RANKING        168

FIGURE 39         RANKING OF TOP FIVE PLAYERS IN ADVANCED MAGNETIC MATERIALS MARKET    168

9.4         MARKET EVALUATION FRAMEWORK    168

TABLE 190         ADVANCED MAGNETIC MATERIALS MARKET: DEALS, 2018–2022      168

TABLE 191         ADVANCED MAGNETIC MATERIALS MARKET: OTHERS, 2018–2022      170

9.5         REVENUE ANALYSIS OF TOP MARKET PLAYERS 171

9.6         COMPANY EVALUATION MATRIX          171

TABLE 192         COMPANY PRODUCT FOOTPRINT         171

TABLE 193         COMPANY END-USE INDUSTRY FOOTPRINT     172

TABLE 194         COMPANY REGION FOOTPRINT             173

9.6.1      STARS  174

9.6.2      PERVASIVE PLAYERS     174

9.6.3      PARTICIPANTS 174

9.6.4      EMERGING LEADERS    174

FIGURE 40         ADVANCED MAGNETIC MATERIALS MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022 175

9.7         STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX  176

9.7.1      PROGRESSIVE COMPANIES       176

9.7.2      RESPONSIVE COMPANIES          176

9.7.3      DYNAMIC COMPANIES 176

9.7.4      STARTING BLOCKS       176

FIGURE 41         ADVANCED MAGNETIC MATERIALS MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2022  177

10          COMPANY PROFILES    178

(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*

10.1       KEY COMPANIES            178

10.1.1    HITACHI METALS, LTD.             178

TABLE 195         HITACHI METALS, LTD.: COMPANY OVERVIEW 178

FIGURE 42         HITACHI METALS, LTD.: COMPANY SNAPSHOT 179

10.1.2    TDK CORPORATION     181

TABLE 196         TDK CORPORATION: COMPANY OVERVIEW      181

FIGURE 43         TDK CORPORATION: COMPANY SNAPSHOT     181

10.1.3    DAIDO STEEL CO., LTD.             184

TABLE 197         DAIDO STEEL CO., LTD.: COMPANY OVERVIEW 184

FIGURE 44         DAIDO STEEL CO., LTD.: COMPANY SNAPSHOT             184

10.1.4    SHIN-ETSU CHEMICAL CO., LTD.           186

TABLE 198         SHIN-ETSU CHEMICAL CO., LTD.: COMPANY OVERVIEW              186

FIGURE 45         SHIN-ETSU CHEMICAL CO., LTD.: COMPANY SNAPSHOT              186

10.1.5    VACUUMSCHMELZE GMBH & CO. KG    188

TABLE 199         VACUUMSCHMELZE GMBH & CO. KG: COMPANY OVERVIEW              188

10.1.6    NINGBO YUNSHENG CO, LTD.  191

TABLE 200         NINGBO YUNSHENG CO., LTD.: COMPANY OVERVIEW  191

10.1.7    ANHUI SINOMAG TECHNOLOGY CO., LTD.        193

TABLE 201         ANHUI SINOMAG TECHNOLOGY CO., LTD.: COMPANY OVERVIEW        193

10.1.8    NEO      196

TABLE 202         NEO: COMPANY OVERVIEW      196

FIGURE 46         NEO: COMPANY SNAPSHOT      196

10.1.9    DMEGC 199

TABLE 203         DMEGC: COMPANY OVERVIEW 199

10.1.10  ARNOLD MAGNETIC TECHNOLOGIES  201

TABLE 204         ARNOLD MAGNETIC TECHNOLOGIES: COMPANY OVERVIEW              201

FIGURE 47         ARNOLD MAGNETIC TECHNOLOGIES: COMPANY SNAPSHOT              201

10.2       OTHER PLAYERS           206

10.2.1    DEXTER MAGNETIC TECHNOLOGIES   206

TABLE 205         DEXTER MAGNETIC TECHNOLOGIES: COMPANY OVERVIEW              206

10.2.2    YANTAI DONGXING MAGNETIC MATERIALS INC            206

TABLE 206         YANTAI DONGXING MAGNETIC MATERIALS INC: COMPANY OVERVIEW        206

10.2.3    ADAMSMAGNETIC.COM            207

TABLE 207         ADAMSMAGNETIC.COM: COMPANY OVERVIEW             207

10.2.4    MASTER MAGNETICS, INC.        207

TABLE 208         MASTER MAGNETICS, INC.: COMPANY OVERVIEW         207

10.2.5    VIONA MAGNETICS      208

TABLE 209         VIONA MAGNETICS: COMPANY OVERVIEW       208

10.2.6    GUANGDONG LINGYI CO., LTD.             208

TABLE 210         GUANGDONG LINGYI CO., LTD.: COMPANY OVERVIEW              208

10.2.7    TENGAM           209

TABLE 211         TENGAM: COMPANY OVERVIEW            209

10.2.8    BOGEN MAGNETICS GMBH       209

TABLE 212         BOGEN MAGNETICS GMBH: COMPANY OVERVIEW        209

10.2.9    BUNTING          210

TABLE 213         BUNTING: COMPANY OVERVIEW           210

10.2.10  ELECTRON ENERGY CORPORATION     211

TABLE 214         ELECTRON ENERGY CORPORATION: COMPANY OVERVIEW              211

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

11          APPENDIX         212

11.1       DISCUSSION GUIDE      212

11.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             215

11.3       CUSTOMIZATION OPTIONS      217

11.4       RELATED REPORTS       217

11.5       AUTHOR DETAILS         218