Permanent Magnet in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A permanent magnet generates its magnetic field through the internal structure of the material, and it retains its magnetism, even after being separated from an external magnetic field.
- The Asia-Pacific permanent magnet market is expected to generate total revenues of $21.3 billion in 2023, representing a compound annual growth rate (CAGR) of 3.7% between 2018 and 2023.
- Market consumption volume is forecast to increase with a CAGR of 2.5% between 2018 and 2023, to reach a total of 1,102.3 billion tons in 2023.
- The growth in the Asia-Pacific permanent magnet market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in China reached 99.9 in October 2023, up from 99.2 in October 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the permanent magnet market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the permanent magnet market in Asia-Pacific
- Leading company profiles reveal details of key permanent magnet market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific permanent magnet market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific permanent magnet market by value in 2023?
- What will be the size of the Asia-Pacific permanent magnet market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific permanent magnet market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's permanent magnet market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- TDK Corporation
- Shin-Etsu Chemical Co., Ltd.
- Ningbo Yunsheng Co Ltd
- Yantai Zhenghai Magnetic Material Co Ltd
- Proterial Ltd
- Lingyi iTech Guangdong Co
- Grinm Advanced Materials Co Ltd
