Market Overview:
The Europe ferrite magnet market is expected to exhibit a CAGR of 3.47% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Ferrite magnets, or ceramic magnets, are permanent, grey-colored electrically insulating magnets majorly consisting of iron oxide. They are produced by calcining fine powders of iron oxide, strontium carbonate or barium carbonate. Ferrite magnets are widely used in loudspeakers, door catches, magnetic suspension systems, headphones, security systems and computer hard drives. They exhibit high resistance to corrosion, demagnetization and are electrically insulated. In comparison to neodymium magnets, ferrite magnets can be used at extreme temperatures with minimal loss of magnetic force and are more cost-effective. As a result, they find extensive application across various industries, such as military, automotive and electrical.
Europe Ferrite Magnet Market Trends:
The growth in the Europe ferrite magnet market can be attributed to the widespread product utilization in the manufacturing of electro-acoustic products. Ferrite magnets are extensively used in microphones, intercom sets and sound-powered telephones. Additionally, the increasing product demand in the automotive industry is providing a thrust to the market growth. These magnets are utilized in anti-lock braking systems, windshield wipers and seat belt indicators to enhance passenger safety in the vehicles. Moreover, various product innovations, such as the utilization of spray roasting technique for the manufacturing of ferrite magnets, are favoring the market growth. Spray roasting aids in the generation of powdery red iron oxide that reduces wastewater production and saves energy. Other factors, including the extensive research and development (R&D) activities to develop high-quality permanent magnets, along with the widespread product adoption in magnetic resonance imaging (MRI) scanners and maxillofacial applications, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe ferrite magnet market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on application.
Breakup by Application:
- Electro-Acoustic Products
- Electronics Industry
- Power Play Tools
- Car Line Industry
- Calculating Machines
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
‘000 Tons |
| Segment Coverage |
Application, Country |
| Region Covered |
Germany, France, United Kingdom, Italy, Spain |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe ferrite magnet market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe ferrite magnet market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe ferrite magnet market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe Ferrite Magnet Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Electro-Acoustic Products
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electronics Industry
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Power Play Tools
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Car Line Industry
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Calculating Machines
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Country
7.1 Germany
7.1.1 Market Trends
7.1.2 Market Breakup by Application
7.1.3 Market Forecast
7.2 France
7.2.1 Market Trends
7.2.2 Market Breakup by Application
7.2.3 Market Forecast
7.3 United Kingdom
7.3.1 Market Trends
7.3.2 Market Breakup by Application
7.3.3 Market Forecast
7.4 Italy
7.4.1 Market Trends
7.4.2 Market Breakup by Application
7.4.3 Market Forecast
7.5 Spain
7.5.1 Market Trends
7.5.2 Market Breakup by Application
7.5.3 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Breakup by Application
7.6.3 Market Forecast
8 SWOT Analysis
8.1 Overview
8.2 Strengths
8.3 Weaknesses
8.4 Opportunities
8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Policy and Regulatory Landscape
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: Europe: Ferrite Magnet Market: Major Drivers and Challenges
Figure 2: Europe: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016-2021
Figure 3: Europe: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 4: Europe: Ferrite Magnet Market: Breakup by Application (in %), 2021
Figure 5: Europe: Ferrite Magnet Market: Breakup by Country (in %), 2021
Figure 6: Europe: Ferrite Magnet (Electro-Acoustic Products) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 7: Europe : Ferrite Magnet (Electro-Acoustic Products) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 8: Europe: Ferrite Magnet (Electronics Industry) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 9: Europe: Ferrite Magnet (Electronics Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 10: Europe: Ferrite Magnet (Power Play Tools) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 11: Europe: Ferrite Magnet (Power Play Tools) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 12: Europe: Ferrite Magnet (Car Line Industry) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 13: Europe: Ferrite Magnet (Car Line Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 14: Europe: Ferrite Magnet (Calculating Machines) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 15: Europe: Ferrite Magnet (Calculating Machines) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 16: Europe: Ferrite Magnet (Other Applications) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 17: Europe: Ferrite Magnet (Other Applications) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 18: Germany: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 19: Germany: Ferrite Magnet Market: Breakup by Application (in %), 2021
Figure 20: Germany: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 21: France: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 22: France: Ferrite Magnet Market: Breakup by Application (in %), 2021
Figure 23: France: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 24: United Kingdom: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 25: United Kingdom: Ferrite Magnet Market: Breakup by Application (in %), 2021
Figure 26: United Kingdom: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 27: Italy: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 28: Italy: Ferrite Magnet Market: Breakup by Application (in %), 2021
Figure 29: Italy: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 30: Spain: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 31: Spain: Ferrite Magnet Market: Breakup by Application (in %), 2021
Figure 32: Spain: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 33: Others: Ferrite Magnet Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 34: Others: Ferrite Magnet Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 35: Europe: Ferrite Magnet Industry: SWOT Analysis
Figure 36: Europe: Ferrite Magnet Industry: Value Chain Analysis
Figure 37: Europe: Ferrite Magnet Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Europe: Ferrite Magnet Market: Key Industry Highlights, 2021 and 2027
Table 2: Europe: Ferrite Magnet Market Forecast: Breakup by Application (in ‘000 Tons), 2022-2027
Table 3: Europe: Ferrite Magnet Market Forecast: Breakup by Country (in ‘000 Tons), 2022-2027
Table 4: Europe: Ferrite Magnet Market: Competitive Structure
Table 5: Europe: Ferrite Magnet Market: Key Players