Global Magnetic Materials Market to Grow at 8.9% CAGR from 2013 to 2019 | Page 3
Magnetic Materials Market
materials high in the forecast period, allied to steady demand from the historical automotive
powerhouses in Europe and North America.
“A good opportunity for major magnetic materials manufacturers catering to automotive giants is the
growing interest in hybrid electric cars. Because magnetic materials are important components in
electric powertrains, this sector will generate steady demand for magnetic materials in the coming
years,” said a TMR analyst about a promising opportunity in the global magnetic materials market.
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The energy sector, though, is a rapidly developing application segment of magnetic materials and is
expected to grow in terms of demand for magnetic materials at a CAGR of 8.8% in the forecast
period. Wind energy claims the largest demand for magnetic materials among all energy generation
mechanisms . Growing support for wind energy from various governments around the world will result
in an escalating demand for magnetic materials from the wind energy sector in the forecast
period.The report also details the competitive landscape of the global magnetic materials market by
profiling major players in the market, such as Molycorp Inc., Tengam Engineering inc., Hitachi Metals,
Ltd., OM Group, and TDK Corporation.
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http://www.transparencymarketresearch.com/pressrelease/magnetic-materialsmarket.htm
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.2.1 Global magnetic materials market segmentation by product segment and application
1.3 Research methodology
1.3.1 Assumptions
Chapter 2 Executive Summary
3
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