Rare Earth Magnet – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2027)

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Feb 26, 2021, 01:05 EST

Brooklyn, Feb 26, 2021, 01:05 /Comserve / -- This report covers the current market dynamics, and provides effective competition strategies and market guidelines for the majority of practitioners.

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From an insight perspective, this research report has focused on various levels of analysis - industry trends analysis, top players analysis, company profiles, which discuss the basic views on the competitive landscape, emerging and high-growth segments of Rare Earth Magnet market, and high-growth regions. Besides, drivers, restraints, challenges, and opportunities pertaining to Rare Earth Magnet market are also predicted in this report.

The rare earth permanent magnet material refers to an alloy formed of rare earth metal and a transition metal. This permanent magnet material made by a certain process is extremely magnetic and can be maintained for a long time.   The technical barriers of rare earth permanent magnet are relatively low and the market concentration of rare earth permanent magnet is relatively high.Production bases are concentrated in China and Japan;Leading companies in this market include Hitachi Metals Group, shin-etsu, TDK, VAC, Beijing zhongke San Huan high-tech and Yunsheng Company.       Due to the monopoly of hot pressure ndfeb, the price of raw materials even exceeds the price of hot pressure ndfeb products.As a result, there is only one Japanese company in the world with an annual sales volume of 1000 tons.   With the continuous improvement of application fields, the consumption of rare earth magnets is expected to continue to increase in the forecast period of 2018-2024.   Some companies are adding new capabilities and targeting cost and quality leadership, which will improve profitability.At the same time, the company is committed to technological innovation, equipment upgrading and process improvement to reduce costs and improve quality.The oversupply of rare earth magnets has had a negative impact on the market, but the increase in demand offset this impact, leading to uncertainty in the rare earth magnet market.  

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Competition Analysis
Major competitors of the global Rare Earth Magnet market include:

Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
Daido Electronics
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic
Earth- Panda
Pinghu Geor Chi Electronics
Innuovo Magnetics
Jingci Material Science
Hitachi Metals Group

View the Comprehensive Analysis on Various Segment:

Segmentation on the Basis of Application:
Aerospace & Defense
Power Generation
Consumer Goods & Electronics
Industrial Machinery

Rare Earth Magnet Market: Type Outlook
Rare-earth Sintered Magnet
Rare-earth Bonded Magnet

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Rare Earth Magnet Market
2 Market Trends and Competitive Landscape
3 Segmentation of Rare Earth Magnet Market by Types
4 Segmentation of Rare Earth Magnet Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Rare Earth Magnet Market in Major Countries
7 North America Rare Earth Magnet Landscape Analysis
8 Europe Rare Earth Magnet Landscape Analysis
9 Asia Pacific Rare Earth Magnet Landscape Analysis
10 Latin America, Middle East & Africa Rare Earth Magnet Landscape Analysis 
11 Major Players Profile

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Global Rare Earth Magnet market: regional segments
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Columbia)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Target Audience for this Report
- Rare Earth Magnet manufacturers
- Rare Earth Magnet traders, distributors, and suppliers
- Rare Earth Magnet industry associations
- Product managers, Rare Earth Magnet industry administrator, C-level executives of the industries
- Market Research and consulting firms
- Research & Clinical Laboratories

Reasons to Purchase this Report
Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
6 months analyst support along with the data in excel

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Global Market Monitor
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