Magnetic Plastics Market  – Global Trends and Forecast to 2022

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  • Global Magnetic Plastics Market – Trends & Forecasts up to 2022

    Magnetic plastics are a type of plastic bonded magnets made from embedding the hard ferrite or rare earth magnets powder in a molded plastic. They come under non-metallic magnets and more likely to be bio-compatible due to which they can be used in biological systems. Magnetic plastics have their major applications in electronic media such as hard disk drives, speakers, packaging & labeling solutions, and healthcare devices such as pacemaker. The usage of magnetic plastics in electrical & electronics products is largely due to the cheap price and it is easily suitable for the size. The use of magnetic plastics reduces the cost of overall material and weight.

    Globally, the demand for magnetic plastics is growing consistently, especially in Asia Pacific and North America markets. The growth is supported by increasing electronic media applications and healthcare industries in these regions, respectively. Currently, Asia Pacific is the global leader in the magnetic plastics market. China and India have built an advantage of covering most the manufacturing and consumption market, and thus providing the maximum contribution in the global magnetic plastics market. North America is the second major consumer of the global magnetic plastics market owing to the large healthcare industry. Europe and Middle East & African countries are expected to show high growth rate during the forecast period due to increasing acceptance and industrialization in respective regions.

    Magnetic plastics based on ferrite magnetic powder have higher demand due to easy availability and low price. On the other hand, magnetic plastics based on neodymium–iron–boron (NdFeB) magnetic powder have a limited market share due to the high price of neodymium metal. Apart from these two, modern technologies are developing a new kind of magnetic plastics, which are completely made from an organic polymer with no metallic components. This will create an opportunity for novel applications ensuring improved stability and compatibility.

    The study of the global magnetic plastics market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

    According to Infoholic Research, the global magnetic plastics market is expected to grow at a CAGR of 8.1% during the forecast period 2016–2022 to reach around $39.32 billion by 2022. The electrical & electronics segment is expected to maintain the global dominance in applications segment, driven by China and India. In geographic terms, Asia Pacific is expected to retain its top position in the global magnetic plastics followed by North America. Some of the key players in magnetic plastics are Hitachi Metals, Daido Steel, Arnold Magnetic Technologies Corporation, etc.

    Report Scope:

    • Applications

    o Electrical & Electronics

    o Packaging & Labeling

    o Healthcare Devices

    o Others

    • Materials

    o Ferrite Bonded Magnetic Plastics

    o NdFeB Bonded Magnetic Plastics

    • Regions

    o Asia Pacific

    o North America

    o Europe

    o Rest of the World

    • Industry outlook: market trends and drivers, restraints, and opportunities

     

  • With tables and figures helping analyze worldwide Magnetic Plastics market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1 Report Outline 12

    1.1 Introduction 12

    1.2 Report Scope 12

    1.3 Market Definition 12

    1.4 Research Methodology 13

    1.4.1 Data Collation & In-House Estimation 13
    1.4.2 Market Triangulation 14
    1.4.3 Forecasting 14

    1.5 Study Declarations 15

    1.6 Report Assumptions 15

    1.7 Stakeholders 15

    2 Executive Summary 16

    2.1 Asia Pacific Continues to Dominate the Magnetic Plastics Market 16

    2.2 Electrical & Electronics Increasing its Lead with High Growth Coming from Developing Countries 16


    3 Market Positioning 18

    3.1 Total Addressable Market (TAM): Rare Earth Permanent Magnet 18

    3.1.1 Market Overview 18

    3.2 Segmented Addressable Market (SAM) 19

    3.3 Related Markets 19


    4 Market Outlook 20

    4.1 Overview 20

    4.2 Value Chain Analysis 20

    4.3 PESTLE Analysis 21

    4.4 Porter 5 (Five) Forces 22

    4.5 Patent Analysis 22


    5 Market Characteristics 25

    5.1 Market Segmentation 25

    5.2 Market Dynamics 26

    5.2.1 Drivers 26
    5.2.1.1 Increasing technological advancements across the application areas is driving the market demand for magnetic plastics 26
    5.2.1.2 Adaptability of the magnetic plastics in emerging economies and increasing demand from end-user industries are expanding the potential opportunities 26
    5.2.2 Restraints 27
    5.2.2.1 Variations in the prices of raw materials can restrain its growth 27
    5.2.2.2 Changing geo-political structure and economic dynamic of various countries can affect the growth of polymer-based bonded magnets 27
    5.2.3 Opportunities 27
    5.2.3.1 Innovations that are reducing the dependency on rare earth magnet materials 27
    5.2.3.2 Growth in electronics and introduction of novel application areas 27
    5.2.4 DRO – Impact Analysis 27

    6 Type: Market Size and Analysis 29

    6.1 Overview 29

    6.2 Ferrite Bonded Magnetic Plastics 30

    6.3 NdFeB Bonded Magnetic Plastics 32

    6.4 Vendor Profiles 34

    6.4.1 Hitachi Metals, Ltd. 34
    6.4.2 VACUUMSCHELZE (OM GROUP) 40
    6.4.3 Arnold Magnetic Technologies 45
    6.4.4 Daido Steel Co., Ltd. 49
    6.4.5 ThyssenKrupp AG 54
    (Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis and business strategy have been covered for all vendors)

    7 Application: Market Size and Analysis 59

    7.1 Overview 59

    7.2 Electrical & Electronics 61

    7.3 Packaging & Labeling 62

    7.4 Healthcare Devices 63

    7.5 Customer Profile 66

    7.5.1 Toshiba Corporation 66
    7.5.2 TDK Corporation 72
    7.5.3 3M Company 78
    7.5.4 General Electric (GE) 84
    7.5.5 Koninklijke Philips N.V. 91
    (Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis and business strategy have been covered for all customers)

    8 Regions: Market Size and Analysis 96

    8.1 Overview 96

    8.1.1 Asia Pacific Market, By Countries 98
    8.1.2 Asia Pacific Market, By Application 99
    8.1.3 Asia Pacific Market, By Type 101

    8.2 Europe 102

    8.2.1 Europe Market, By Country 102
    8.2.2 Europe Market, By Application 104
    8.2.3 Europe Market, By Type 105

    8.3 North America 107

    8.3.1 North America Market, By Countries 107
    8.3.2 North America Market, By Application 108
    8.3.3 North America Market, By Type 110

    8.4 Rest of the World 111

    8.4.1 Rest of the World Market, By Application 113
    8.4.2 Rest of the World Market, By Type 114

    9 Companies to Watch for 116

    9.1 Perfect Polymers FZ-LLC 116

    9.2 veekim 116

    9.2.1 Overview 116
    9.2.2 Creation of New Product for Magnetic Plastics 117

    10 Competitive Landscape 118

    10.1 Competitor Comparison Analysis 118

    10.2 Market Landscape 118

    10.2.1 Mergers, Acquisitions & Joint Ventures 119
    10.2.2 Expansion 120
    10.2.3 Awards & Recognition 121
    10.2.4 Exhibition & Product Launch 121
    10.2.5 Divestment & Divestiture 122
    10.2.6 Restructure & Repositioning 123

    11 Expert’s Views 124
    Annexure 125
     Abbreviations 125

     

  • The Magnetic Plastics Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • Toshiba Corporation
    • TDK Corporation
    • 3M Company
    • General Electric (GE)
    • Koninklijke Philips N.V.
    • Perfect Polymers FZ-LLC
    • veekim.
    By Regions:
      By Type:
        By Application:
        Licensing options
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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