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Magnetic Plastics Market - Global Trends and Forecast to 2022

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Global Magnetic Plastics Market-Trends & Forecasts up to 2022

Magnetic plastics are a type of plastic bonded magnets made from embedding the hard ferrite or rare earth magnets powder in a molded plastic. They come under non-metallic magnets and more likely to be bio-compatible due to which they can be used in biological systems. Magnetic plastics have their major applications in electronic media such as hard disk drives, speakers, packaging & labeling solutions, and healthcare devices such as pacemaker. The usage of magnetic plastics in electrical & electronics products is largely due to the cheap price and it is easily suitable for the size. The use of magnetic plastics reduces the cost of overall material and weight.

Globally, the demand for magnetic plastics is growing consistently, especially in Asia Pacific and North America markets. The growth is supported by increasing electronic media applications and healthcare industries in these regions, respectively. Currently, Asia Pacific is the global leader in the magnetic plastics market. China and India have built an advantage of covering most the manufacturing and consumption market, and thus providing the maximum contribution in the global magnetic plastics market. North America is the second major consumer of the global magnetic plastics market owing to the large healthcare industry. Europe and Middle East & African countries are expected to show high growth rate during the forecast period due to increasing acceptance and industrialization in respective regions.

Magnetic plastics based on ferrite magnetic powder have higher demand due to easy availability and low price. On the other hand, magnetic plastics based on neodymium-iron-boron (NdFeB) magnetic powder have a limited market share due to the high price of neodymium metal. Apart from these two, modern technologies are developing a new kind of magnetic plastics, which are completely made from an organic polymer with no metallic components. This will create an opportunity for novel applications ensuring improved stability and compatibility.

The study of the global magnetic plastics market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360� view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

According to Infoholic Research, the global magnetic plastics market is expected to grow at a CAGR of 8.1% during the forecast period 2016-2022 to reach around USD 39.32 billion by 2022. The electrical & electronics segment is expected to maintain the global dominance in applications segment, driven by China and India. In geographic terms, Asia Pacific is expected to retain its top position in the global magnetic plastics followed by North America. Some of the key players in magnetic plastics are Hitachi Metals, Daido Steel, Arnold Magnetic Technologies Corporation, etc.

Report Scope:

Applications

o Electrical & Electronics

o Packaging & Labeling

o Healthcare Devices

o Others

Materials

o Ferrite Bonded Magnetic Plastics

o NdFeB Bonded Magnetic Plastics

Regions

o Asia Pacific

o North America

o Europe

o Rest of the World

 

Industry outlook: market trends and drivers, restraints, and opportunities

 

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Table Of Content

Scope

Table of Contents

1 Report Outline 12

1.1 Introduction 12

1.2 Report Scope 12

1.3 Market Definition 12

1.4 Research Methodology 13

1.4.1 Data Collation & In-House Estimation 13

1.4.2 Market Triangulation 14

1.4.3 Forecasting 14

1.5 Study Declarations 15

1.6 Report Assumptions 15

1.7 Stakeholders 15

2 Executive Summary 16

2.1 Asia Pacific Continues to Dominate the Magnetic Plastics Market 16

2.2 Electrical & Electronics Increasing its Lead with High Growth Coming from Developing Countries 16

3 Market Positioning 18

3.1 Total Addressable Market (TAM): Rare Earth Permanent Magnet 18

3.1.1 Market Overview 18

3.2 Segmented Addressable Market (SAM) 19

3.3 Related Markets 19

4 Market Outlook 20

4.1 Overview 20

4.2 Value Chain Analysis 20

4.3 PESTLE Analysis 21

4.4 Porter 5 (Five) Forces 22

4.5 Patent Analysis 22

5 Market Characteristics 25

5.1 Market Segmentation 25

5.2 Market Dynamics 26

5.2.1 Drivers 26

5.2.1.1 Increasing technological advancements across the application areas is driving the market demand for magnetic plastics 26

5.2.1.2 Adaptability of the magnetic plastics in emerging economies and increasing demand from end-user industries are expanding the potential opportunities 26

5.2.2 Restraints 27

5.2.2.1 Variations in the prices of raw materials can restrain its growth 27

5.2.2.2 Changing geo-political structure and economic dynamic of various countries can affect the growth of polymer-based bonded magnets 27

5.2.3 Opportunities 27

5.2.3.1 Innovations that are reducing the dependency on rare earth magnet materials 27

5.2.3.2 Growth in electronics and introduction of novel application areas 27

5.2.4 DRO-Impact Analysis 27

6 Type: Market Size and Analysis 29

6.1 Overview 29

6.2 Ferrite Bonded Magnetic Plastics 30

6.3 NdFeB Bonded Magnetic Plastics 32

6.4 Vendor Profiles 34

6.4.1 Hitachi Metals, Ltd. 34

6.4.2 VACUUMSCHELZE (OM GROUP) 40

6.4.3 Arnold Magnetic Technologies 45

6.4.4 Daido Steel Co., Ltd. 49

6.4.5 ThyssenKrupp AG 54

(Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis and business strategy have been covered for all vendors)

7 Application: Market Size and Analysis 59

7.1 Overview 59

7.2 Electrical & Electronics 61

7.3 Packaging & Labeling 62

7.4 Healthcare Devices 63

7.5 Customer Profile 66

7.5.1 Toshiba Corporation 66

7.5.2 TDK Corporation 72

7.5.3 3M Company 78

7.5.4 General Electric (GE) 84

7.5.5 Koninklijke Philips N.V. 91

(Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis and business strategy have been covered for all customers)

8 Regions: Market Size and Analysis 96

8.1 Overview 96

8.1.1 Asia Pacific Market, By Countries 98

8.1.2 Asia Pacific Market, By Application 99

8.1.3 Asia Pacific Market, By Type 101

8.2 Europe 102

8.2.1 Europe Market, By Country 102

8.2.2 Europe Market, By Application 104

8.2.3 Europe Market, By Type 105

8.3 North America 107

8.3.1 North America Market, By Countries 107

8.3.2 North America Market, By Application 108

8.3.3 North America Market, By Type 110

8.4 Rest of the World 111

8.4.1 Rest of the World Market, By Application 113

8.4.2 Rest of the World Market, By Type 114

9 Companies to Watch for 116

9.1 Perfect Polymers FZ-LLC 116

9.2 veekim 116

9.2.1 Overview 116

9.2.2 Creation of New Product for Magnetic Plastics 117

10 Competitive Landscape 118

10.1 Competitor Comparison Analysis 118

10.2 Market Landscape 118

10.2.1 Mergers, Acquisitions & Joint Ventures 119

10.2.2 Expansion 120

10.2.3 Awards & Recognition 121

10.2.4 Exhibition & Product Launch 121

10.2.5 Divestment & Divestiture 122

10.2.6 Restructure & Repositioning 123

11 Expert's Views 124

Annexure 125

Abbreviations 125


List Of Figure

Charts

 

CHART 1 RESEARCH METHODOLOGY OF GLOBAL MAGNETIC PLASTICS MARKET: DATA COLLATION 13

CHART 2 RESEARCH METHODOLOGY OF GLOBAL MAGNETIC PLASTICS MARKET: TRIANGULATION 14

CHART 3 RESEARCH METHODOLOGY OF GLOBAL MAGNETIC PLASTICS MARKET: FORECASTING 15

CHART 4 GLOBAL MAGNETIC PLASTICS MARKET: REGIONAL ANALYSIS 16

CHART 5 GLOBAL MAGNETIC PLASTICS APPLICATION MARKET 17

CHART 6 TOTAL ADDRESSABLE MARKET (TAM): RARE EARTH PERMANENT MAGNET 18

CHART 7 VALUE CHAIN: MAGNETIC PLASTICS MARKET 21

CHART 8 PESTLE ANALYSIS: MAGNETIC PLASTICS 21

CHART 9 PORTER 5 FORCES ANALYSIS: MAGNETIC PLASTICS MARKET 22

CHART 10 MAGNETIC PLASTICS: PATENT ANALYSIS (2012-2017*) 22

CHART 11 MAGNETIC PLASTICS: PATENT ANALYSIS, BY REGION (2012-2017) 23

CHART 12 MARKET SEGMENTATION: MAGNETIC PLASTICS 25

CHART 13 MARKET DYNAMICS-DRIVERS, RESTRAINTS & OPPORTUNITIES 26

CHART 14 DRO-IMPACT ANALYSIS: MAGNETIC PLASTICS MARKET 27

CHART 15 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 29

CHART 16 GLOBAL FERRITE BONDED MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 30

CHART 17 GLOBAL NDFEB BONDED MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 32

CHART 18 HITACHI METALS, LTD.: OVERVIEW SNAPSHOT 34

CHART 19 HITACHI METALS, LTD.: BUSINESS UNITS 35

CHART 20 HITACHI METALS, LTD.: GEOGRAPHIC REVENUE 35

CHART 21 HITACHI METALS, LTD.: SWOT ANALYSIS 37

CHART 22 VAC: OVERVIEW SNAPSHOT 40

CHART 23 VAC: SWOT ANALYSIS 42

CHART 24 ARNOLD MAGNETIC TECHNOLOGIES: OVERVIEW SNAPSHOT 45

CHART 25 ARNOLD: SWOT ANALYSIS 47

CHART 26 DAIDO STEEL CO., LTD.: OVERVIEW SNAPSHOT 49

CHART 27 DAIDO STEEL CO., LTD.: BUSINESS UNIT 50

CHART 28 DAIDO STEEL CO., LTD.: SWOT ANALYSIS 52

CHART 29 THYSSENKRUPP AG: OVERVIEW SNAPSHOT 54

CHART 30 THYSSENKRUPP AG: BUSINESS UNIT 54

CHART 31 THYSSENKRUPP AG: GEOGRAPHIC REVENUE 55

CHART 32 THYSSENKRUPP AG: SWOT ANALYSIS 57

CHART 33 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 59

CHART 34 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN ELECTRICAL & ELECTRONICS APPLICATION, BY GEOGRAPHY, 2015?2022 (USD MILLION) 61

CHART 35 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN PACKAGING & LABELING, BY GEOGRAPHY, 2015?2022 (USD MILLION) 62

CHART 36 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN HEALTHCARE DEVICES, BY GEOGRAPHY, 2015?2022 (USD MILLION) 64

CHART 37 TOSHIBA CORPORATION: OVERVIEW SNAPSHOT 66

CHART 38 TOSHIBA CORPORATION: BUSINESS UNITS 67

CHART 39 TOSHIBA CORPORATION: GEOGRAPHIC REVENUE 68

CHART 40 TOSHIBA CORPORATION: SWOT ANALYSIS 69

CHART 41 TDK CORPORATION: OVERVIEW 72

CHART 42 TDK CORPORATION: BUSINESS UNITS 73

CHART 43 TDK CORPORATION: GEOGRAPHIC REVENUE 73

CHART 44 TDK CORPORATION: SWOT ANALYSIS 75

CHART 45 3M: OVERVIEW SNAPSHOT 78

CHART 46 3M: BUSINESS ACTIVITIES 79

CHART 47 3M: GEOGRAPHIC REVENUE 80

CHART 48 3M: SWOT ANALYSIS 82

CHART 49 GENERAL ELECTRIC (GE): OVERVIEW SNAPSHOT 84

CHART 50 GENERAL ELECTRIC (GE): BUSINESS UNIT 84

CHART 51 GENERAL ELECTRIC (GE): GEOGRAPHIC REVENUE 86

CHART 52 GENERAL ELECTRIC (GE): SWOT ANALYSIS 88

CHART 53 KONINKLIJKE PHILIPS N.V.: OVERVIEW SNAPSHOT 91

CHART 54 KONINKLIJKE PHILIPS N.V: BUSINESS UNITS 91

CHART 55 KONINKLIJKE PHILIPS N.V.: GEOGRAPHIC REVENUE 92

CHART 56 KONINKLIJKE PHILIPS N.V: SWOT ANALYSIS 94

CHART 57 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 96

CHART 58 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015?2022 (USD MILLION) 98

CHART 59 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 99

CHART 60 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 101

CHART 61 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015?2022 (USD MILLION) 102

CHART 62 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 104

CHART 63 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 105

CHART 64 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015?2022 (USD MILLION) 107

CHART 65 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 108

CHART 66 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 110

CHART 67 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 111

CHART 68 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 113

CHART 69 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 114

CHART 70 VEEKIM: OVERVIEW 117

CHART 71 COMPETITIVE LANDSCAPE: GEOGRAPHIC EXPOSURE 118

CHART 72 MARKET LANDSCAPE: MARKET ACTIVITIES 118

 

 


List Of Table

Tables

 

TABLE 1 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 29

TABLE 2 GLOBAL MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015?2022 (KILOTONS) 30

TABLE 3 GLOBAL FERRITE BONDED MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 31

TABLE 4 GLOBAL FERRITE BONDED MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015?2022 (KILOTONS) 31

TABLE 5 GLOBAL NDFEB BONDED MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 32

TABLE 6 GLOBAL NDFEB BONDED MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015?2022 (KILOTONS) 33

TABLE 7 HITACHI METALS, LTD.: PRODUCT PROFILE 36

TABLE 8 HITACHI: RECENT DEVELOPMENTS 37

TABLE 9 VAC GROUP: PRODUCT PROFILE 41

TABLE 10 VAC: RECENT DEVELOPMENTS 41

TABLE 11 ARNOLD MAGNETIC TECHNOLOGIES: PRODUCT PROFILE 46

TABLE 12 ARNOLD: RECENT DEVELOPMENTS 46

TABLE 13 DAIDO STEEL CO., LTD.: PRODUCT PROFILE 51

TABLE 14 DAIDO STEEL CO., LTD.: RECENT DEVELOPMENTS 51

TABLE 15 THYSSENKRUPP AG: PRODUCT PROFILE 56

TABLE 16 THYSSENKRUPP AG: RECENT DEVELOPMENTS 56

TABLE 17 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 59

TABLE 18 GLOBAL MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015?2022 (KILOTONS) 60

TABLE 19 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN ELECTRICAL & ELECTRONICS, BY GEOGRAPHY, 2015?2022 (USD MILLION) 61

TABLE 20 GLOBAL MAGNETIC PLASTICS MARKET VOLUME IN ELECTRICAL & ELECTRONICS, BY GEOGRAPHY, 2015?2022 (KILOTONS) 62

TABLE 21 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN PACKAGING & LABELING, BY GEOGRAPHY, 2015?2022 (USD MILLION) 63

TABLE 22 GLOBAL MAGNETIC PLASTICS MARKET VOLUME IN PACKAGING & LABELING, BY GEOGRAPHY, 2015?2022 (KILOTONS) 63

TABLE 23 GLOBAL MAGNETIC PLASTICS MARKET VALUE IN HEALTHCARE DEVICES, BY GEOGRAPHY, 2015?2022 (USD MILLION) 64

TABLE 24 GLOBAL MAGNETIC PLASTICS MARKET VOLUME IN HEALTHCARE DEVICES, BY GEOGRAPHY, 2015?2022 (KILOTONS) 64

TABLE 25 TOSHIBA CORPORATION: PRODUCT PROFILE 68

TABLE 26 TOSHIBA CORPORATION: RECENT DEVELOPMENTS 69

TABLE 27 TDK CORPORATION: PRODUCT PROFILE 74

TABLE 28 TDK CORPORATION: RECENT DEVELOPMENTS 74

TABLE 29 3M: PRODUCT PROFILE 80

TABLE 30 3M: RECENT DEVELOPMENTS 81

TABLE 31 GENERAL ELECTRIC: BUSINESS ACTIVITIES 87

TABLE 32 GENERAL ELECTRIC (GE): RECENT DEVELOPMENTS 87

TABLE 33 KONINKLIJKE PHILIPS N.V.: PRODUCT PROFILE 93

TABLE 34 KONINKLIJKE PHILIPS N.V.: RECENT DEVELOPMENTS 93

TABLE 35 GLOBAL MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 97

TABLE 36 GLOBAL MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015?2022 (KILOTONS) 97

TABLE 37 ASIA PACIFIC MAGNETIC PLASTICS VALUE, BY COUNTRY, 2015?2022 (USD MILLION) 98

TABLE 38 ASIA PACIFIC MAGNETIC PLASTICS MARKET VOLUME, BY COUNTRY, 2015?2022 (KILOTONS) 99

TABLE 39 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 100

TABLE 40 ASIA PACIFIC MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015?2022 (KILOTONS) 100

TABLE 41 ASIA PACIFIC MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 101

TABLE 42 ASIA PACIFIC MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015?2022 (KILOTONS) 102

TABLE 43 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015?2022 (USD MILLION) 103

TABLE 44 EUROPE MAGNETIC PLASTICS MARKET VOLUME, BY COUNTRY, 2015?2022 (KILOTONS) 103

TABLE 45 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 104

TABLE 46 EUROPE MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015?2022 (KILOTONS) 105

TABLE 47 EUROPE MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 106

TABLE 48 EUROPE MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015?2022 (KILOTONS) 106

TABLE 49 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY COUNTRY, 2015?2022 (USD MILLION) 107

TABLE 50 NORTH AMERICA MAGNETIC PLASTICS MARKET VOLUME, BY COUNTRY, 2015?2022 (KILOTONS) 108

TABLE 51 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 109

TABLE 52 NORTH AMERICA MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015?2022 (KILOTONS) 109

TABLE 53 NORTH AMERICA MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 110

TABLE 54 NORTH AMERICA MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015?2022 (KILOTONS) 111

TABLE 55 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY GEOGRAPHY, 2015?2022 (USD MILLION) 112

TABLE 56 REST OF THE WORLD MAGNETIC PLASTICS MARKET VOLUME, BY GEOGRAPHY, 2015?2022 (KILOTONS) 112

TABLE 57 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY APPLICATION, 2015?2022 (USD MILLION) 113

TABLE 58 REST OF THE WORLD MAGNETIC PLASTICS MARKET VOLUME, BY APPLICATION, 2015?2022 (KILOTONS) 114

TABLE 59 REST OF THE WORLD MAGNETIC PLASTICS MARKET VALUE, BY TYPE, 2015?2022 (USD MILLION) 115

TABLE 60 REST OF THE WORLD MAGNETIC PLASTICS MARKET VOLUME, BY TYPE, 2015?2022 (KILOTONS) 115

TABLE 61 MERGER, ACQUISITIONS & JOINT VENTURE, 2013-2017 119

TABLE 62 EXPANSION, 2013-2016 120

TABLE 63 AWARD & RECOGNITION 121

TABLE 64 EXHIBITION & PRODUCT LAUNCH 121

TABLE 65 DIVESTMENT & DIVESTITURE, 2016 122

TABLE 66 RESTRUCTURE & REPOSITIONING 123

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Products and Companies


Companies

Toshiba Corporation, TDK Corporation, 3M Company, General Electric (GE), Koninklijke Philips N.V., Perfect Polymers FZ-LLC, veekim.