Albany, NY -- (SBWire) -- 11/30/2015 --Magnetic materials are objects that naturally possess magnetic properties or can be magnetized. Based on their properties and end-use, these materials can be classified as permanent or temporary. Different types of magnetic materials such as soft, hard and semi-hard are used in the magnetic materials industry. Soft magnetic materials are further bifurcated into soft ferrite and electrical steel, while hard (permanent) magnetic materials are segmented into hard ferrite, NdFeB, SmCo, and alnico. These materials are used in various applications such as automotives, electronics and energy generation.
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Research methodology
We conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk research effort coupled with an extensive secondary research. We reviewed key players' annual reports, product portfolio, press releases, and relevant documents for competitive analyses and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites.
The report on magnetic materials provides a detailed analysis and forecast of the market on a global as well as regional level from 2013 to 2019. On the global level, the market has been segmented based on volume (kilo tons) and revenue (USD million) from 2013 to 2019. For an in-depth understanding of the market on the regional level, demand has been forecast based on volume (kilo tons) and revenue (USD million) for a time period ranging between 2013 and 2019. The report includes drivers and restraints, and their impact on the growth of the market during the forecast period. Furthermore, the report encompasses opportunities available for growth of the market on the global as well as regional level.
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The market has been segmented based on product and applications. Each such segment has been analyzed and forecast based on volume (kilo tons) and revenue (USD million) from 2013 to 2019. Additionally, the segments have been analyzed and forecast based on current trends at the global as well as regional level for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Demand has been analyzed and forecast based on the current trends for a period of six years.
The study features profiles of companies such as A.K. Steel Holding Corporation, Arnold Magnetic Technologies, Electron Energy Corporation, Hitachi Metals, Ltd., Lynas Corporation Ltd. and Molycorp Inc.
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Magnetic Materials Market for Automotive, Electronics, Energy Generation - Worldwide Industry Analysis, Trends and Forecast to 2019
Europe was the second largest consumer of magnetic materials owing to various factors such as high demand from current and emerging applications, modernization and development of infrastructure.