Latin America Ferrite Magnets Market
- Report Code: FE 1002
- Publish Date: Upcoming
The Latin America ferrite magnets market is witnessing high growth on account of increasing applications, especially in the automotive and consumer electronics. The report estimates the market size of Latin America ferrite magnets market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Latin America Ferrite magnets market was valued at $34.38 million in 2012 and is expected to reach $65.94 million by 2019. The ferrite magnets are the low cost permanent magnets as compared to other magnets, and hence they are the most widely consumed permanent magnet materials in the world.
Ferrite magnets exhibit high resistance to demagnetization, corrosion, and are electrically insulated. The report ‘Latin America Ferrite Magnets Market’ analyzes the Ferrite magnets market by applications for seven major applications, namely, consumer electronics, general industrial, automotive, medical technology, environment & energy, aerospace & defense, and others.
The Ferrite magnet applications experienced a positive growth till 2013 and are expected to continue the same in the coming years. With a market value of $6.93 million, consumer electronics holds majority of the share in the Latin America ferrite magnets. Automotive, and aerospace & defense markets have been witnessing maximum growth due to increase in usage of Ferrite magnets in electric power systems, motors in automotive sectors, military weapons, and aircraft in the aerospace & defense industry. Automotive market was valued at $5.61 million in 2013 and is estimated to grow at a tremendous rate for the period under consideration.
The report covers Latin America ferrite magnets market and its trends concerning with major countries, namely Brazil, Argentina, and Others. Brazil is the dominant country for the consumption of ferrite magnets in the region. Argentina’s Ferrite magnet market is estimated to experience high growth during the forecast period and is projected to reach a CAGR of 12.7%. Since all the countries in the region are developing and emerging markets, construction of infrastructure and expanding banking services are characteristic of many of these nations.
This report is focused on the detailed study of the Latin America ferrite magnets market, based on its applications that are utilized in different countries. Further, as part of qualitative analysis, the research report provides a comprehensive review of important drivers, restraints, opportunities, and key issues in the Latin America ferrite magnets market. The report also provides an extensive competitive landscaping of companies operating in this market. Latin America ferrite magnets market also includes the company profiling and competitive strategies adopted by various market players such as Hitachi, Shin-Etsu Chemical Co Ltd., Lynas Corp. Ltd., Molycorp Chemicals and Oxides, Hangzhou Permanent Magnet Group, Ningbo Yunsheng High-tech Magnetics Co., Ltd, Daido Steel Co., Ltd., and JPMF Guangdong Co. Ltd.
Customization Options:
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:
- Price analysis for the ferrite magnets
- SWOT analysis for the top market players in the region
- Porter’s Five Force Analysis of the Latin America Ferrite Magnets Market
- Detailed analysis of on-going research & development activities of permanent magnets
- Opportunities in the Latin America Ferrite Magnets Market
- Trade date for the Ferrite magnets
- Trade data, by country
- Import-export data, by each country with other key countries of the world
- Scale analysis
- Comparison with respect to the Global Ferrite Magnets market
- New technology trends
- New product developments
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Ferrite Magnets-Latin America, By Applications
4.1 Split By Geography
4.1 Ferrite Magnets-Latin America - Brazil by Applications
4.1 Ferrite Magnets-Latin America - Argentina by Applications
4.1 Ferrite Magnets-Latin America - Other Geographies by Applications
4.2 Ferrite Magnets-Latin America-Other Applications
4.3 Ferrite Magnets-Electrical & Electronics-Latin America
4.3.1 Ferrite Magnets-Electrical & Electronics-Latin America, By Geographies
4.3.1.1 Ferrite Magnets-Electrical & Electronics-Latin America - Brazil
4.3.1.2 Ferrite Magnets-Electrical & Electronics-Latin America - Argentina
4.4 Ferrite Magnets-Industrial Machinery-Latin America
4.4.1 Ferrite Magnets-Industrial Machinery-Latin America, By Geographies
4.4.1.1 Ferrite Magnets-Industrial Machinery-Latin America - Brazil
4.4.1.2 Ferrite Magnets-Industrial Machinery-Latin America - Argentina
4.5 Ferrite Magnets-Automotive Materials-Latin America
4.5.1 Ferrite Magnets-Automotive Materials-Latin America, By Geographies
4.5.1.1 Ferrite Magnets-Automotive Materials-Latin America - Brazil
4.5.1.2 Ferrite Magnets-Automotive Materials-Latin America - Argentina
4.6 Ferrite Magnets-Medical Devices-Latin America
4.6.1 Ferrite Magnets-Medical Devices-Latin America, By Geographies
4.6.1.1 Ferrite Magnets-Medical Devices-Latin America - Brazil
4.6.1.2 Ferrite Magnets-Medical Devices-Latin America - Argentina
4.7 Ferrite Magnets-Wind Energy-Latin America
4.7.1 Ferrite Magnets-Wind Energy-Latin America, By Geographies
4.7.1.1 Ferrite Magnets-Wind Energy-Latin America - Brazil
4.7.1.2 Ferrite Magnets-Wind Energy-Latin America - Argentina
4.8 Ferrite Magnets-Aerospace & Defense-Latin America
4.8.1 Ferrite Magnets-Aerospace & Defense-Latin America, By Geographies
4.8.1.1 Ferrite Magnets-Aerospace & Defense-Latin America - Brazil
4.8.1.2 Ferrite Magnets-Aerospace & Defense-Latin America - Argentina
5 Ferrite Magnets-Latin America, By Geographies
5.1 Ferrite Magnets-Latin America - Brazil
5.1.1 Ferrite Magnets-Latin America - Brazil, By Applications
5.1.1.1 Ferrite Magnets-Electrical & Electronics-Latin America - Brazil
5.1.1.2 Ferrite Magnets-Industrial Machinery-Latin America - Brazil
5.1.1.3 Ferrite Magnets-Automotive Materials-Latin America - Brazil
5.1.1.4 Ferrite Magnets-Medical Devices-Latin America - Brazil
5.1.1.5 Ferrite Magnets-Wind Energy-Latin America - Brazil
5.1.1.6 Ferrite Magnets-Aerospace & Defense-Latin America - Brazil
5.2 Ferrite Magnets-Latin America - Argentina
5.2.1 Ferrite Magnets-Latin America - Argentina, By Applications
5.2.1.1 Ferrite Magnets-Electrical & Electronics-Latin America - Argentina
5.2.1.2 Ferrite Magnets-Industrial Machinery-Latin America - Argentina
5.2.1.3 Ferrite Magnets-Automotive Materials-Latin America - Argentina
5.2.1.4 Ferrite Magnets-Medical Devices-Latin America - Argentina
5.2.1.5 Ferrite Magnets-Wind Energy-Latin America - Argentina
5.2.1.6 Ferrite Magnets-Aerospace & Defense-Latin America - Argentina
5.3 Ferrite Magnets-Latin America - Other Geographies
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Asia-Pacific Permanent Magnet The Asia-Pacific permanent magnet market was valued at $9.75 billion in 2012 and is projected to reach $15.80 billion by 2018, growing at a CAGR of 8.8% between 2013 and 2018. This market is mainly driven by the growing demand for permanent magnets due to rising demand for miniaturization together with advancement in technology. |
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North America Permanent Magnet North America’s permanent magnet market was valued at $850.0 million in 2012 and is expected to reach $1,500 million by 2018, growing at a CAGR of 8.4% from 2013 to 2018. The market is majorly driven by the budding demand for permanent magnets, which is primarily due to an increase in the demand for advanced materials in existing and emerging applications. |
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Europe Permanent Magnet The European permanent magnet market was valued at $700.0 million in 2012 and is expected to reach $1,100.0 million by 2018, growing at a CAGR of 6.6% from 2013 to 2018. This market is experiencing significant growth mainly driven by an increase in the demand for advanced materials in existing and emerging applications. |
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Middle East and Africa Permanent Magnet Middle East and Africa’s permanent magnet market was valued at $130.0 million in 2012 and is estimated to reach $220.0 million by 2018, growing at a CAGR of 8.0% from 2013 to 2018. This market is experiencing high growth mainly driven by the development initiatives of various countries such as Saudi Arabia, which will boost the permanent magnet consumption in the region. |
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Latin America Permanent Magnet Latin America’s permanent magnet market was valued at $80.0 million in 2012 and is estimated to reach $180.0 million by 2018, growing at a CAGR of 12.5% from 2013 to 2018. This market is experiencing high growth mainly driven by the development initiatives of various countries, which will boost the permanent magnet consumption in the region. |
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