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24 Market Reports provides a complete data analysis of Global Magnets and Magnet Materials Market Professional Survey Report 2017 with Market value, Sales, Price, Industry Analysis and Forecast with the help of Industry Experts.

The global ferrite magnet market has grown at a rapid rate in recent years. The major factor which has driven the market growth include the functional properties of these magnets which make them resistant to solvents, weak acids, lubricants, salts, greases and temperature up to 250 degree. To get more information, please visit @ http://www.imarcgroup.com/ferrite-magnet-powder-manufacturing-plant Contact Us IMARC Group Tel No: +1-631-791-1145 Email: sales@imarcgroup.com Website: http://www.imarcgroup.com Follow us on twitter: @imarcglobal

According to the latest research report by IMARC Group, The global ferrite magnet market size reached US$ 6.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.11% during 2024-2032. More Info:- https://www.imarcgroup.com/ferrite-magnet-powder-manufacturing-plant

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The report on Global Permanent Magnet Industry 2016 Market Research Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

The Global Magnet Industry 2016 Market Research Report is a research study available at DecisionDatabases.com. The report studies the market, its value chain, latest trends, forecasts, innovation, drivers, and restraints. It’s a complete guide for the industry knowledge.

To Get More Details @ http://www.bigmarketresearch.com/global-permanent-magnets-2014-2018-market “Big Market Research : Global Permanent Magnets Market - Size, Share, Trends, Analysis, Research, Report and Forecast, 2014-2018“ Permanent magnets are materials which retain their magnetic properties permanently. In other words, they exhibit magnetic properties even if they are removed from a magnetic field. Permanent magnets can be broadly classified into rare earth, ferrite, aluminum-nickel-cobalt (Alnico), and other magnets. The rare earth magnets can be further subdivided into neodymium-iron-boron (NdFeB) and samarium-cobalt (SmCo) magnets. Permanent magnets are used in a wide range of applications including household equipment, electronic and medical devices, power generation devices, and automobiles.

Get more information about the market: https://www.imarcgroup.com/ferrite-magnetic-powder-market The latest report by IMARC Group, titled ‘’Ferrite Magnetic Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023’’, provides a comprehensive evaluation of the ferrite magnet market and offers a techno-commercial roadmap for setting up a ferrite magnet manufacturing plant. Request a sample report: https://www.imarcgroup.com/request?type=report&id=769&flag=B Browse more reports on Chemical & Materials industry: http://www.imarcgroup.com/categories/chemicals-market-reports Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal

The global permanent magnet market size is estimated to reach USD 36.44 billion by 2025 driven by the increasing demand for the product from the automotive and electronic industries.

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The global automotive electric motor shipments approximated 3.47 billion units, up 6.7% from a year ago; the figure will go up to 3.64 billion units in 2016. With the development of intelligent and new energy vehicles, the global shipments of automotive electric motor are expected to grow at a compound annual rate of around 9.0% during 2016-2020.