Magnetic Plastics Market by Type (Ferrite Bonded and NdFeB Bonded), By Application (Electrical & Electronics, Packaging & Labelling, Healthcare Devices, and others), and by Geography – Global Trends and Forecast to 2022
- May, 2017
- Domain: Chemicals, Materials & Food - Specialty Chemicals
Pages:
126
Tables:
66
Charts:
72
Regions/Countries:
4/9
Companies:
10
Enquiry Hours:
10
- Get Free 10% Customization in this Report
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.
Research Methodology
The magnetic plastics market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the best quality with realistic parametric estimations. Further, the participation share of different categories of primary participants is given below:
Key Market Insights
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
- Electrical & Electronics
- Packaging & Labeling
- Healthcare Devices
- Others
- Materials
- Ferrite Bonded Magnetic Plastics
- NdFeB Bonded Magnetic Plastics
- Regions
- Asia Pacific
- North America
- Europe
- Rest of the World
- Industry outlook: market trends and drivers, restraints, and opportunities
1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-House Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declarations
1.6 Report Assumptions
1.7 Stakeholders
2 Executive Summary
2.1 Asia Pacific Continues to Dominate the Magnetic Plastics Market
2.2 Electrical & Electronics Increasing its Lead with High Growth Coming from Developing Countries
3 Market Positioning
3.1 Total Addressable Market (TAM): Rare Earth Permanent Magnet
3.1.1 Market Overview
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis
5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing technological advancements across the application areas is driving the market demand for magnetic plastics
5.2.1.2 Adaptability of the magnetic plastics in emerging economies and increasing demand from end-user industries are expanding the potential opportunities
5.2.2 Restraints
5.2.2.1 Variations in the prices of raw materials can restrain its growth
5.2.2.2 Changing geo-political structure and economic dynamic of various countries can affect the growth of polymer-based bonded magnets
5.2.3 Opportunities
5.2.3.1 Innovations that are reducing the dependency on rare earth magnet materials
5.2.3.2 Growth in electronics and introduction of novel application areas
5.2.4 DRO – Impact Analysis
6 Type: Market Size and Analysis
6.1 Overview
6.2 Ferrite Bonded Magnetic Plastics
6.3 NdFeB Bonded Magnetic Plastics
6.4 Vendor Profiles
6.4.1 Hitachi Metals, Ltd.
6.4.2 VACUUMSCHELZE (OM GROUP)
6.4.3 Arnold Magnetic Technologies
6.4.4 Daido Steel Co., Ltd.
6.4.5 ThyssenKrupp AG
(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
7.1 Overview
7.2 Electrical & Electronics
7.3 Packaging & Labeling
7.4 Healthcare Devices
7.5 Customer Profile
7.5.1 Toshiba Corporation
7.5.2 TDK Corporation
7.5.3 3M Company
7.5.4 General Electric (GE)
7.5.5 Koninklijke Philips N.V.
(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
8.1 Overview
8.1.1 Asia Pacific Market, By Countries
8.1.2 Asia Pacific Market, By Application
8.1.3 Asia Pacific Market, By Type
8.2 Europe
8.2.1 Europe Market, By Country
8.2.2 Europe Market, By Application
8.2.3 Europe Market, By Type
8.3 North America
8.3.1 North America Market, By Countries
8.3.2 North America Market, By Application
8.3.3 North America Market, By Type
8.4 Rest of the World
8.4.1 Rest of the World Market, By Application
8.4.2 Rest of the World Market, By Type
9 Companies to Watch for
9.1 Perfect Polymers FZ-LLC
9.2 veekim
9.2.1 Overview
9.2.2 Creation of New Product for Magnetic Plastics
10 Competitive Landscape
10.1 Competitor Comparison Analysis
10.2 Market Landscape
10.2.1 Mergers, Acquisitions & Joint Ventures
10.2.2 Expansion
10.2.3 Awards & Recognition
10.2.4 Exhibition & Product Launch
10.2.5 Divestment & Divestiture
10.2.6 Restructure & Repositioning
11 Expert’s Views
Annexure
Abbreviations
TABLE 1 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 29
TABLE 2 GLOBAL MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015−2022 (KILOTONS) 30
TABLE 3 GLOBAL FERRITE BONDED MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 31
TABLE 4 GLOBAL FERRITE BONDED MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTONS) 31
TABLE 5 GLOBAL NDFEB BONDED MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 32
TABLE 6 GLOBAL NDFEB BONDED MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTONS) 33
TABLE 7 HITACHI METALS, LTD.: PRODUCT PROFILE 36
TABLE 8 HITACHI: RECENT DEVELOPMENTS 37
TABLE 9 VAC GROUP: PRODUCT PROFILE 41
TABLE 10 VAC: RECENT DEVELOPMENTS 41
TABLE 11 ARNOLD MAGNETIC TECHNOLOGIES: PRODUCT PROFILE 46
TABLE 12 ARNOLD: RECENT DEVELOPMENTS 46
TABLE 13 DAIDO STEEL CO., LTD.: PRODUCT PROFILE 51
TABLE 14 DAIDO STEEL CO., LTD.: RECENT DEVELOPMENTS 51
TABLE 15 THYSSENKRUPP AG: PRODUCT PROFILE 56
TABLE 16 THYSSENKRUPP AG: RECENT DEVELOPMENTS 56
TABLE 17 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 59
TABLE 18 GLOBAL MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTONS) 60
TABLE 19 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN ELECTRICAL & ELECTRONICS, BY GEOGRAPHY, 2015−2022 ($MILLION) 61
TABLE 20 GLOBAL MAGNETIC PLASTICS MARKET VOLUME IN ELECTRICAL & ELECTRONICS, BY GEOGRAPHY, 2015−2022 (KILOTONS) 62
TABLE 21 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN PACKAGING & LABELING, BY GEOGRAPHY, 2015−2022 ($MILLION) 63
TABLE 22 GLOBAL MAGNETIC PLASTICS MARKET VOLUME IN PACKAGING & LABELING, BY GEOGRAPHY, 2015−2022 (KILOTONS) 63
TABLE 23 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN HEALTHCARE DEVICES, BY GEOGRAPHY, 2015−2022 ($MILLION) 64
TABLE 24 GLOBAL MAGNETIC PLASTICS MARKET VOLUME IN HEALTHCARE DEVICES, BY GEOGRAPHY, 2015−2022 (KILOTONS) 64
TABLE 25 TOSHIBA CORPORATION: PRODUCT PROFILE 68
TABLE 26 TOSHIBA CORPORATION: RECENT DEVELOPMENTS 69
TABLE 27 TDK CORPORATION: PRODUCT PROFILE 74
TABLE 28 TDK CORPORATION: RECENT DEVELOPMENTS 74
TABLE 29 3M: PRODUCT PROFILE 80
TABLE 30 3M: RECENT DEVELOPMENTS 81
TABLE 31 GENERAL ELECTRIC: BUSINESS ACTIVITIES 87
TABLE 32 GENERAL ELECTRIC (GE): RECENT DEVELOPMENTS 87
TABLE 33 KONINKLIJKE PHILIPS N.V.: PRODUCT PROFILE 93
TABLE 34 KONINKLIJKE PHILIPS N.V.: RECENT DEVELOPMENTS 93
TABLE 35 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 97
TABLE 36 GLOBAL MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTONS) 97
TABLE 37 ASIA PACIFIC MAGNETIC PLASTICS VALUE, BY COUNTRY, 2015−2022 ($MILLION) 98
TABLE 38 ASIA PACIFIC MAGNETIC PLASTICS MARKET VOLUME, BY COUNTRY, 2015−2022 (KILOTONS) 99
TABLE 39 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 100
TABLE 40 ASIA PACIFIC MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTONS) 100
TABLE 41 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 101
TABLE 42 ASIA PACIFIC MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015−2022 (KILOTONS) 102
TABLE 43 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015−2022 ($MILLION) 103
TABLE 44 EUROPE MAGNETIC PLASTICS MARKET VOLUME, BY COUNTRY, 2015−2022 (KILOTONS) 103
TABLE 45 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 104
TABLE 46 EUROPE MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTONS) 105
TABLE 47 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 106
TABLE 48 EUROPE MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015−2022 (KILOTONS) 106
TABLE 49 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015−2022 ($MILLION) 107
TABLE 50 NORTH AMERICA MAGNETIC PLASTICS MARKET VOLUME, BY COUNTRY, 2015−2022 (KILOTONS) 108
TABLE 51 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 109
TABLE 52 NORTH AMERICA MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTONS) 109
TABLE 53 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 110
TABLE 54 NORTH AMERICA MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015−2022 (KILOTONS) 111
TABLE 55 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 112
TABLE 56 REST OF THE WORLD MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTONS) 112
TABLE 57 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 113
TABLE 58 REST OF THE WORLD MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTONS) 114
TABLE 59 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 115
TABLE 60 REST OF THE WORLD MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015−2022 (KILOTONS) 115
TABLE 61 MERGER, ACQUISITIONS & JOINT VENTURE, 2013–2017 119
TABLE 62 EXPANSION, 2013–2016 120
TABLE 63 AWARD & RECOGNITION 121
TABLE 64 EXHIBITION & PRODUCT LAUNCH 121
TABLE 65 DIVESTMENT & DIVESTITURE, 2016 122
TABLE 66 RESTRUCTURE & REPOSITIONING 123
Research Framework
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
Market related information is congregated from both primary and secondary sources.
Primary sources
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
