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Ferrite Magnet Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global ferrite magnet powder market size reached US$ 6.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a growth rate (CAGR) of 3.7% 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 on different end use industries. These insights are included in the report as a major market contributor.

Ferrite magnet powder is made using iron oxide and strontium carbonate through a wet milling process. It exhibits excellent demagnetization and electrical insulation, corrosion resistance, and numerous other properties. It is molded into various shapes to manufacture microphones, hard drives, security systems, and sensors. Besides this, it aids in improving the padding speed and compactness of molds. As a result, ferrite magnet powder finds extensive applications in the electronics and automotive industries in manufacturing magnetic separators, novelties, high-energy speaker rings, magnetic therapy, automotive motors, and coatings of magnetic recording tapes.

 

 
 

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Ferrite Magnet Powder Market Trends:

Rapid urbanization, along with significant growth in the automotive industry, represents one of the key factors positively influencing the market. Ferrite magnet powder helps reduce costs and scrap while manufacturing complex components of automobiles. Moreover, increasing sales of passenger vehicles on account of inflating disposable income levels of individuals are positively influencing the market. Besides this, the rising usage of ferrite magnet powder in manufacturing motors, engines, gauges, fuel pumps, rotor assemblies, magnetic bearings, magnetic sensors, coolant pump impellers, and other airplane components is augmenting the market growth. The rising air traffic across the globe is increasing the usage of ferrite magnet powder in the aerospace industry. Additionally, the rising automation in different industry verticals is increasing the utilization of direct current (DC) brushless motors. Furthermore, the growing demand for miniature consumer electronic devices is expanding the use of ferrite magnet powder in speakers, hard disks, and other electronic items, which, in turn, is creating a positive outlook for the market. Moreover, increasing investments by leading industry players in research and development (R&D) activities to introduce advanced product variants are anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global ferrite magnet powder market report, along with forecasts at the global and country level from 2022-2027. Our report has categorized the market based on end use.

Breakup by End Use:

 

 
 

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  • Electro-Acoustic Production Products
  • Electronics Industry
  • Power Play Tools
  • Car Line Industry 
  • Calculating Machines 
  • Others 
     

Electro-acoustic production products account for the majority of the global ferrite magnet powder market share due to the increasing sales of smart electronics worldwide.

Breakup by Region:

  • China 
  • Japan
  • USA
  • India
  • Others
     

China exhibits a clear dominance in the market due to the easy availability of low-cost labor and abundance of raw materials in the country.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Ningbo Yunsheng Co., Ltd., Hangzhou Permanent Magnet Group., Ltd, JPMF Guangdong Co. Ltd., Ninggang Permanent Magnet Materials Co. Ltd., and Hitachi Metals, Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units Metric Tons, US$ Billion
Segment Coverage End Use, Country
Countries Covered China, Japan, USA, India, Others
Companies Covered Ningbo Yunsheng Co., Ltd., Hangzhou Permanent Magnet Group., Ltd, JPMF Guangdong Co. Ltd., Ninggang Permanent Magnet Materials Co. Ltd. and Hitachi Metals, Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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:

  • What are the key success and risk factors in the ferrite magnets industry?
  • How has the ferrite magnets market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global ferrite magnets market?
  • What is the structure of the ferrite magnets industry and who are the key players?
  • What are the various unit operations involved in a ferrite magnet powder manufacturing plant?
  • What is the total size of land required for setting up a ferrite magnet powder manufacturing plant?
  • What are the machinery requirements for setting up a ferrite magnet powder manufacturing plant?
  • What are the raw material requirements and composition for setting up a ferrite magnet powder manufacturing plant?
  • What are the utility requirements for setting up a ferrite magnet powder manufacturing plant?
  • What are the manpower requirements for setting up a ferrite magnet powder manufacturing plant?
  • What are the infrastructure costs for setting up a ferrite magnet powder manufacturing plant?
  • What are the capital costs for setting up a ferrite magnet powder manufacturing plant?
  • What are the operating costs for setting up a ferrite magnet powder manufacturing plant?
  • What will be the income and expenditures for a ferrite magnet powder manufacturing plant?
  • What is the time required to break-even?

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   Global Permanent Magnet Market
    5.1   Market Overview 
    5.2   Market Trends
        5.2.1   Volume Trend
        5.2.2   Value Trend
    5.3 Price Trend  
    5.4 Market Breakup by Region
    5.5 Market Breakup by Type
    5.6 Market Forecast
6   Global Ferrite Magnet Industry
    6.1    Market Overview
    6.2    Market Trends
        6.2.1   Volume Trends
        6.2.2   Value Trends
    6.3    Impact of COVID-19
    6.4    Price Analysis
        6.4.1    Key Price Indicators
        6.4.2    Price Structure
        6.4.3    Price Trends
    6.5    Market Breakup by Country
    6.6    Market Breakup by End Use
    6.7    Market Forecast
    6.8    SWOT Analysis
        6.8.1    Overview
        6.8.2    Strengths
        6.8.3    Weaknesses
        6.8.4    Opportunities
        6.8.5    Threats
    6.9    Value Chain Analysis
    6.10    Porter’s Five Forces Analysis
        6.10.1    Overview
        6.10.2    Bargaining Power of Buyers
        6.10.3    Bargaining Power of Suppliers
        6.10.4    Degree of Competition
        6.10.5    Threat of New Entrants
        6.10.6    Threat of Substitutes
    6.11    Key Market Drivers and Success Factors
7   Performance of Key Regions
    7.1    China 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Japan
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    USA
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    India
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by End Use
    8.1    Electro-Acoustic Production Products
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Electronics Industry
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Power Play Tools
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Car Line Industry
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Calculating Machines 
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
 9  Competitive Landscape
    9.1    Market Structure
    9.2    Key Players
10  Ferrite Magnet Powder Manufacturing Process
    10.1    Product Overview
    10.2    Detailed Process Flow
    10.3    Various Types of Unit Operations Involved
    10.4    Mass Balance and Raw Material Requirements
11  Project Details, Requirements and Costs Involved
    11.1    Land Requirements and Expenditures
    11.2    Construction Requirements and Expenditures
    11.3    Plant Layout
    11.4    Plant Machinery
    11.5    Machinery Pictures
    11.6    Raw Material Requirements and Expenditures
    11.7    Raw Material and Final Product Pictures
    11.8    Packaging Requirements and Expenditures
    11.9    Transportation Requirements and Expenditures
    11.10   Utility Requirements and Expenditures
    11.11    Manpower Requirements and Expenditures
    11.12    Other Capital Investments
12  Loans and Financial Assistance
13  Project Economics

    13.1    Capital Cost of the Project
    13.2    Techno-Economic Parameters
    13.3    Product Pricing and Margins Across Various Levels of the Supply Chain     
    13.4    Taxation and Depreciation
    13.5    Income Projections
    13.6    Expenditure Projections
    13.7    Financial Analysis
    13.8    Profit Analysis
14  Key Player Profiles
    14.1     Ningbo Yunsheng Co. Ltd. 
    14.2     Hangzhou Permanent Magnet Group 
    14.3     JPMF Guangdong Co. Ltd. 
    14.4     Ninggang Permanent Magnet Materials Co. Ltd. 
    14.5     Hitachi Metals Ltd. 

List of Figures

Figure 1: Global: Ferrite Magnet Market: Major Drivers and Challenges
Figure 2: Global: Permanent Magnets Market: Sales Volume Trends (in Metric Tons), 2016-2021
Figure 3: Global: Permanent Magnets Market: Sales Value Trends (in Billion US$), 2016-2021
Figure 4: Global: Permanent Magnets Market: Average Prices (in US$/Ton), 2016-2021
Figure 5: Global: Permanent Magnets Market: Breakup by Region (in %), 2021
Figure 6: Global: Permanent Magnets Market: Breakup by Type (in %), 2021
Figure 7: Global: Permanent Magnets Market Forecast: Sales Volume Trends (in Metric Tons), 2022-2027
Figure 8: Global: Permanent Magnets Market Forecast: Sales Value Trends (in Billion US$), 2022-2027
Figure 9: Global: Ferrite Magnet Market: Sales Volume (in Metric Tons), 2016-2021
Figure 10: Global: Ferrite Magnet Market: Sales Value (in Billion US$), 2016-2021
Figure 11: Global: Ferrite Magnet Market: Average Prices (in US$/Ton), 2016-2021
Figure 12: Global: Ferrite Magnet Market: Breakup by Region (in %), 2021
Figure 13: Global: Ferrite Magnet Market: Breakup by End Use (in %), 2021
Figure 14: Global: Ferrite Magnet Market Forecast: Sales Volume (in Metric Tons), 2022-2027
Figure 15: Global: Ferrite Magnet Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 16: Global: Ferrite Magnet Industry: SWOT Analysis
Figure 17: Global: Ferrite Magnet Industry: Value Chain Analysis
Figure 18: Global: Ferrite Magnet Industry: Porter’s Five Forces Analysis
Figure 19: China: Ferrite Magnet Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: China: Ferrite Magnet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Japan: Ferrite Magnet Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Japan: Ferrite Magnet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: USA: Ferrite Magnet Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: USA: Ferrite Magnet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: India: Ferrite Magnet Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: India: Ferrite Magnet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Others: Ferrite Magnet Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Others: Ferrite Magnet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Ferrite Magnet (Electro-Acoustic Production Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Ferrite Magnet (Electro-Acoustic Production Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Ferrite Magnet (Electronics Industry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Ferrite Magnet (Electronics Industry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Ferrite Magnet (Power Play Tools) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Ferrite Magnet (Power Play Tools) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Ferrite Magnet (Car Line Industry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Ferrite Magnet (Car Line Industry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Ferrite Magnet (Calculating Machines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Ferrite Magnet (Calculating Machines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Ferrite Magnet (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Ferrite Magnet (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Ferrite Magnet Powder Manufacturing: Detailed Process Flow
Figure 42: Ferrite Magnet Powder Manufacturing Process: Conversion Rate of Products
Figure 43: Ferrite Magnet Powder Manufacturing: Proposed Plant Layout
Figure 44: Ferrite Magnet Powder Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 45: Ferrite Magnet Powder Industry: Profit Margins at Various Levels of the Supply Chain
Figure 46: Ferrite Magnet Powder Production: Manufacturing Cost Breakup (in %)

List of Tables

Table 1: Global: Permanent Magnet Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Ferrite Magnet Market: Key Industry Highlights, 2021 and 2027
Table 3: Global: Ferrite Magnet Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 4: Global: Ferrite Magnet Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Ferrite Magnet Powder Market: Competitive Structure
Table 6: Global: Ferrite Magnet Powder Market: Key Suppliers
Table 7: Ferrite Magnet Powder Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 8: Ferrite Magnet Powder Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 9: Ferrite Magnet Powder Manufacturing Plant: Costs Related to Plant Machinery (in US$)
Table 10: Ferrite Magnet Powder Manufacturing Plant: Raw Materials Requirements (in Tons/Day)
Table 11: Ferrite Magnet Powder Manufacturing Plant: Costs Related to Salaries and Wedges (in US$)
Table 12: Ferrite Magnet Powder Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 13: Details of Financial Assistance Offered by Financial Institutions
Table 14: Ferrite Magnet Powder Manufacturing Plant: Capital Costs (in US$)
Table 15: Ferrite Magnet Powder Manufacturing Plant: Techno-Economic Parameters 
Table 16: Ferrite Magnet Powder Manufacturing Plant: Taxation and Depreciation (in US$)
Table 17: Ferrite Magnet Powder Manufacturing Plant: Income Projections (in US$)
Table 18: Ferrite Magnet Powder Manufacturing Plant: Expenditure Projections (in US$)
Table 19: Ferrite Magnet Powder Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 20: Ferrite Magnet Powder Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 21: Ferrite Magnet Powder Manufacturing Plant: Profit and Loss Account (in US$)


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