Market Overview:
The global barium strontium cobalt ferrite (BSCF) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The other type segment is projected to be the fastest growing segment in the global BSCF market, by type, during the forecast period. This growth can be attributed to its increasing demand from various applications such as SOFC and others. Among regions, Asia Pacific is estimated to account for the highest share of the global BSCF market in 2018 and is projected to register a CAGR of 6.1% during the forecast period.
Product Definition:
A ceramic material made of barium, strontium, cobalt and iron oxides. It is a ferrite with a cubic crystal structure and is used to make permanent magnets.
99.5% Purity:
99.5% purity is a term used for the concentration of an ore or mineral which contains less than 0.05% impurities (ash). 99.5% Purity BSCF has been used in high power transmitters and generators as it helps to improve the efficiency of magnetic materials by reducing their energy consumption levels, thus making them more productive at a given temperature range.
Other:
Other is a generic name for all the ferromagnetic materials other than iron. The most common ones are cobalt, nickel, manganese and some rare earths like yttrium and zirconium. Other than these there are also many other elements that have similar properties but we don’t know their magnetic properties yet.
Application Insights:
The solid oxide fuel cell (SOFC) segment dominated the global market in terms of revenue share in 2017. The growing demand for barium strontium cobalt ferrite for SOFC application is expected to drive the product demand over the forecast period.
BSCF is used as an active material in various types of fuel cells including alkaline, sodium-based and lithium-ion batteries. It has a high potential to replace metallic iron with Cobalt which reduces greenhouse gas emissions by more than 80% when compared with gasoline vehicles, thereby reducing air pollution and noise pollution during vehicle manufacturing. This factor along with others anticipated to drive green technology adoption globally is projected to have a positive impact on industry growth over the coming years.
Other applications include hybrid electric vehicles, consumer electronics & appliances.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Nippon Electric Company, Toshiba Corporation, Samsung Electro-Mechanics Co., Ltd. and others has resulted in high product penetration across the region. China is one of the major consumers owing to increasing electric vehicle production coupled with growing demand from other end-use industries such as electronics, aerospace & defense and energy storage.
The European market was valued at USD X billion in 2017 owing to rising electric vehicles production along with a surge in renewable energy projects that are driving up electricity generation capacities across countries including Germany, France and Italy among others will drive growth over next eight years or so till 2030 time frame).
Growth Factors:
- Increasing demand from the electronics industry for high-performance magnetic materials with excellent thermal stability for use in motors, sensors, and actuators.
- Growing popularity of electric vehicles (EVs) that require powerful and efficient permanent magnets to operate their motors.
- Rapid expansion of the renewable energy sector, which is increasing demand for high-efficiency alternators and generators using BSCF magnets.
- Rising investment in research and development activities for new applications of BSCF magnets across a range of industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Strontium Cobalt Ferrite (BSCF) Market Research Report
By Type
99.5% Purity, Other
By Application
SOFC, Other
By Companies
Kceracell, Cerpotech, Kceracell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Barium Strontium Cobalt Ferrite (BSCF) Market Report Segments:
The global Barium Strontium Cobalt Ferrite (BSCF) market is segmented on the basis of:
Types
99.5% Purity, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SOFC, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kceracell
- Cerpotech
- Kceracell
Highlights of The Barium Strontium Cobalt Ferrite (BSCF) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.5% Purity
- Other
- By Application:
- SOFC
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Barium Strontium Cobalt Ferrite (BSCF) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
BSCF is a type of ferrite material that has been specifically designed to be used in magnetic resonance imaging (MRI) systems. BSCF is an effective magnet material because it has a high saturation magnetization and low coercivity. These properties make BSCF an ideal choice for MRI applications, which require strong magnets to produce clear images.
Some of the major players in the barium strontium cobalt ferrite (bscf) market are Kceracell, Cerpotech, Kceracell.
The barium strontium cobalt ferrite (bscf) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Barium Strontium Cobalt Ferrite (BSCF) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Barium Strontium Cobalt Ferrite (BSCF) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Barium Strontium Cobalt Ferrite (BSCF) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Barium Strontium Cobalt Ferrite (BSCF) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Barium Strontium Cobalt Ferrite (BSCF) Market Size & Forecast, 2018-2028 4.5.1 Barium Strontium Cobalt Ferrite (BSCF) Market Size and Y-o-Y Growth 4.5.2 Barium Strontium Cobalt Ferrite (BSCF) Market Absolute $ Opportunity
Chapter 5 Global Barium Strontium Cobalt Ferrite (BSCF) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Type
5.2.1 99.5% Purity
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Barium Strontium Cobalt Ferrite (BSCF) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Applications
6.2.1 SOFC
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Strontium Cobalt Ferrite (BSCF) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Barium Strontium Cobalt Ferrite (BSCF) Analysis and Forecast
9.1 Introduction
9.2 North America Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Type
9.6.1 99.5% Purity
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Applications
9.10.1 SOFC
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Barium Strontium Cobalt Ferrite (BSCF) Analysis and Forecast
10.1 Introduction
10.2 Europe Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Type
10.6.1 99.5% Purity
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Applications
10.10.1 SOFC
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Barium Strontium Cobalt Ferrite (BSCF) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Type
11.6.1 99.5% Purity
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Applications
11.10.1 SOFC
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Barium Strontium Cobalt Ferrite (BSCF) Analysis and Forecast
12.1 Introduction
12.2 Latin America Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Type
12.6.1 99.5% Purity
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Applications
12.10.1 SOFC
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Barium Strontium Cobalt Ferrite (BSCF) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Type
13.6.1 99.5% Purity
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Barium Strontium Cobalt Ferrite (BSCF) Market Size Forecast by Applications
13.10.1 SOFC
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Barium Strontium Cobalt Ferrite (BSCF) Market: Competitive Dashboard
14.2 Global Barium Strontium Cobalt Ferrite (BSCF) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kceracell
14.3.2 Cerpotech
14.3.3 Kceracell