Permanent Magnet Powder Market
Permanent Magnet Powder Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Permanent Magnet Powder Market Size and Growth
The Permanent Magnet Powder market is projected to witness steady growth due to increasing demand in industries such as automotive, electronics, and healthcare. The market size is estimated to reach $1.5 billion by 2027, driven by advancements in technology and a shift towards energy-efficient solutions.
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Companies Covered (Covid 19 Impact Covered)
◍ Dexter
◍ Micrometals
◍ Hganas
◍ AT&M
◍ POCO
◍ NBTM KeDa
◍ DMEGC
◍ TDG
◍ WestMag
◍ Yuantong
◍ MAGNA
◍ Aichi Steel
The Permanent Magnet Powder Market is highly competitive with key players like Dexter, Micrometals, Höganäs, AT&M, POCO, NBTM KeDa, DMEGC, TDG, WestMag, Yuantong, MAGNA, and Aichi Steel. These companies utilize permanent magnet powder in manufacturing magnetic materials, leading to market growth. Sales revenue figures:
- Höganäs: $1.4 billion
- DMEGC: $900 million
- Aichi Steel: $700 million
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Market Segmentation
By Application
◍ Powder Core
◍ Powder Ring
◍ Others
By Product
◍ Al-Ni-Co
◍ Fe-Cr-Co
◍ Others
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$ X Billion USD
Market Growth
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