Market Overview:
The global magnetic coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for magnetic coatings in various applications such as tapes, disks, magnetic cards, and others. In addition, the growing demand for oxide and metal magnetic powders is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, oxide Magnetic powder type is expected to hold a major share in global Magnetic Coating Market by 2030 owing its properties including high coercivity and stability at high temperatures which makes it suitable for various applications across different industries such as automotive & transportation, electronics & electricals etcetera .
Product Definition:
A magnetic coating is a thin layer of material that has been applied to a substrate to impart it with magnetism. Magnetic coatings can be used for many purposes, including the protection of a substrate from corrosion, the enhancement of its magnetic properties, or the creation of a magnetic recording medium.
Oxide Magnetic Powder Type:
Magnetic coating is widely used in consumer electronics, automotive and medical industries. The market growth for these applications depends on the performance of magnetic powders. In order to improve the properties of magnetic powders, they are treated with various chemicals including oxide materials such as magnetite (Fe2O3).
Oxide materials when added to a magnetic powder enhance its coercivity and strength along with lowering its hysteresis energy loss property.
Metal Magnetic Powder Type:
Metal Magnetic Powder Type and it's usage in Magnetic Coating market is used for producing magnetic coating. It contains metal powder such as ferrite, neodymium, samarium cobalt and dysprosium. The metal magnetic powders are mixed with plastic resin to produce a film which can be applied on any material.
Application Insights:
The other application segment includes the use of magnetic coatings for manufacturing hard disk drives, which is expected to drive demand over the forecast period. The growing adoption of hard disk drives in personal computers and data centers is expected to have a positive impact on market growth over the coming years.
Magnetic tapes are used in various applications such as construction, automotive, electronics and medical equipment among others. Growing demand for high-resolution magnetic tapes from several industries including healthcare and transportation is likely to propel industry expansion over the forecast period.
Growing usage of electronic devices such as smartphones has led to increased consumption of rare earth metals that are used in magnets incorporated into these devices. This trend is projected to increase product demand from magnetically coated Rare Earth Metal (REM) products used in electronic device components during the estimated time frame.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for magnetic coating from various application sectors such as industrial, automotive, and consumer electronics. In addition, growing use of magnetic coatings in medical devices is expected to drive industry expansion over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising product demand from end-use industries such as electrical & electronics and automotive in countries including China, Japan, South Korea, India among others are expected drive regional growth during the forecast period. Europe accounted for a significant share of revenue due to high penetration of oxide powder products used widely across manufacturing facilities for storing data on computer hard disk drives (HDDs).
Growth Factors:
- Increasing demand for magnetic coatings in the automotive industry for noise and vibration control.
- Growing demand from the medical device industry for coatings that reduce friction and improve biocompatibility.
- Increasing use of magnetic coatings in consumer electronics to improve performance and durability.
- Rising demand from the aerospace industry for high-performance coatings that can withstand extreme temperatures and harsh environments.
- Increased adoption of magnetic coating technologies in manufacturing processes to improve efficiency and product quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Coating Market Research Report
By Type
Oxide Magnetic Powder Type, Metal Magnetic Powder Type
By Application
Tape, Disk, Magnetic Card, Other
By Companies
Tikkurila, Magnamagic, Berocks, Flugger, Tianjin Chenguang Chemical Paint
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Coating Market Report Segments:
The global Magnetic Coating market is segmented on the basis of:
Types
Oxide Magnetic Powder Type, Metal Magnetic Powder Type
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
Tape, Disk, Magnetic Card, 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:
- Tikkurila
- Magnamagic
- Berocks
- Flugger
- Tianjin Chenguang Chemical Paint
Highlights of The Magnetic Coating 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:
- Oxide Magnetic Powder Type
- Metal Magnetic Powder Type
- By Application:
- Tape
- Disk
- Magnetic Card
- 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 Magnetic Coating 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Magnetic coating is a process that coats a metal surface with small magnetic particles. The particles create an invisible layer of magnetism on the metal, which can hold onto small pieces of paper or other objects and help them stick to the surface. This makes it possible to create products that are resistant to scratches and other damage, and can be easily cleaned.
Some of the major players in the magnetic coating market are Tikkurila, Magnamagic, Berocks, Flugger, Tianjin Chenguang Chemical Paint.
The magnetic coating market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetic Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnetic Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetic Coating Market - Supply Chain
4.5. Global Magnetic Coating Market Forecast
4.5.1. Magnetic Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetic Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetic Coating Market Absolute $ Opportunity
5. Global Magnetic Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Magnetic Coating Market Size and Volume Forecast by Type
5.3.1. Oxide Magnetic Powder Type
5.3.2. Metal Magnetic Powder Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetic Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Magnetic Coating Market Size and Volume Forecast by Application
6.3.1. Tape
6.3.2. Disk
6.3.3. Magnetic Card
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetic Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Magnetic Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Magnetic Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Magnetic Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Magnetic Coating Demand Share Forecast, 2019-2026
9. North America Magnetic Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Magnetic Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Magnetic Coating Market Size and Volume Forecast by Application
9.4.1. Tape
9.4.2. Disk
9.4.3. Magnetic Card
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetic Coating Market Size and Volume Forecast by Type
9.7.1. Oxide Magnetic Powder Type
9.7.2. Metal Magnetic Powder Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Magnetic Coating Demand Share Forecast, 2019-2026
10. Latin America Magnetic Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Magnetic Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Magnetic Coating Market Size and Volume Forecast by Application
10.4.1. Tape
10.4.2. Disk
10.4.3. Magnetic Card
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetic Coating Market Size and Volume Forecast by Type
10.7.1. Oxide Magnetic Powder Type
10.7.2. Metal Magnetic Powder Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Magnetic Coating Demand Share Forecast, 2019-2026
11. Europe Magnetic Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Magnetic Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Magnetic Coating Market Size and Volume Forecast by Application
11.4.1. Tape
11.4.2. Disk
11.4.3. Magnetic Card
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetic Coating Market Size and Volume Forecast by Type
11.7.1. Oxide Magnetic Powder Type
11.7.2. Metal Magnetic Powder Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.1. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Magnetic Coating Demand Share, 2019-2026
12. Asia Pacific Magnetic Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Magnetic Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Magnetic Coating Market Size and Volume Forecast by Application
12.4.1. Tape
12.4.2. Disk
12.4.3. Magnetic Card
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetic Coating Market Size and Volume Forecast by Type
12.7.1. Oxide Magnetic Powder Type
12.7.2. Metal Magnetic Powder Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Magnetic Coating Demand Share, 2019-2026
13. Middle East & Africa Magnetic Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Magnetic Coating Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Magnetic Coating Market Size and Volume Forecast by Application
13.4.1. Tape
13.4.2. Disk
13.4.3. Magnetic Card
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetic Coating Market Size and Volume Forecast by Type
13.7.1. Oxide Magnetic Powder Type
13.7.2. Metal Magnetic Powder Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Magnetic Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnetic Coating Market: Market Share Analysis
14.2. Magnetic Coating Distributors and Customers
14.3. Magnetic Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tikkurila
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Magnamagic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Berocks
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Flugger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tianjin Chenguang Chemical Paint
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook