North America Alnico Magnets Market is Expected to Reach $195.1 Million in 2018

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North America Alnico Magnets Market provides pictorial methodology along with detailed sizing by capturing all dependent markets.


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    North America Alnico Magnets Market is Expected to

    Reach $195.1 Million in 2018

    The alnico permanent magnet market report defines and segments the concerned market in North

    America with analysis and forecast of revenue.

    Alnico magnets are made of alloys of aluminum, nickel, and

    cobalt. It also contains additional alloys such as iron, copper,

    titanium, and other elements to improve the heat treatment in

    magnetic properties. Alnico magnets are manufactured using

    both cast and sintered processes. Sintered alnico magnets

    possess higher mechanical strength, but have a lower

    magnetic force compared to cast alnico.

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    Browse through the market data tables, figures and detailed ToC on the

    North America Alnico Magnets Market.

    Key players in the North

    America Alnico Magnets

    Market are Hitachi, Shin-

    Etsu Chemical Co., Ltd.,

    Lynas Corporation, Ltd.,

    Molycorp Chemicals and

    Oxides, Hangzhou

    Permanent Magnet Group

    & others.

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    Investors continue to find North Americas industrial market alluring, announcing expansion

    plans and/or forming joint ventures. The expansion in the infrastructure of the region's emerging

    markets for Alnico magnets facilitates growth for a period till 2018 and beyond. The North

    American market is the second largest market after Asia-Pacific and is having huge potential of

    infrastructure development in the region which is also key point to consider. In terms of revenue,

    the market is the second largest market but in terms of CAGR, the market is the fastest growing

    as compared to other regions, globally. Key markets in the region are the U.S. and Canada.

    Globally, this market has been one of the leaders with respect to demand and product innovation

    in terms of quality and application development.

    The report covers North Americas alnico permanent magnet market which is segmented on

    the basis of applications and regions. The market is applied in consumer electronics, automotive

    industry, medical technology, environment & energy, aerospace & defense, and others.

    Related Reports:

    Latin America Alnico Magnets Market:

    Alnico magnets are made of the alloys of aluminum, nickel, and cobalt. They exhibit high

    magnetic strength, exceptional stability over a high temperature range, higher flux density, and

    high energy, which drives demand in high temperature applications such as automotive,

    aerospace and military sensors, MRI scanners, electric motors, and so on.

    The Latin American alnico magnet market is witnessing high growth on an account of

    increasing applications, especially in the automotive and consumer electronics industries. This

    market was valued at $22,415.92 thousand in 2013 and is expected to reach $2, 23,113.81

    thousand by 2019.

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    MicroMarket Monitor identifies and attends to various unmet needs of different industrial

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    Contact: Mr. Chandrasekhar K.

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