Market Overview:
The global magnetic plate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for strong magnetic plates from various applications such as power, building materials, glass, and ceramics. In addition, the growing demand for weak and middle magnetic plates from the mine application is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these plates may restrain the growth of this market during the forecast period.
Product Definition:
A Magnetic Plate is a thin sheet of metal that has been coated with a layer of magnetic material. It is used to create a magnetic field around an object, which can then be used to attract or repel other objects.
Weak Magnetic:
Magnetic plates are used in Magnetic Resonance Imaging (MRI) scan. These plates are made of high-grade steel and have thin, weak magnetic fields on them. They work by causing the nuclei in the body to vibrate at a specific frequency that can be detected by an MRI machine. The strength of these fields is measured in Teslas (T). A normal adult human has about 100,000 - 200,000 T of magnetic field strength inside its body.
Middle Magnetic:
Middle Magnetic is the magnetic material that can be magnetized in between Earth's surface and atmosphere. It has properties such as high permeability, low Curie temperature, and easy to remove annealing. Middle magnetic is used for applications such as hard disk drives, electric motors, spintronics based computers memory devices etc.
Application Insights:
The market is segmented by application into building materials, power, ceramic, glass and others. The power sector dominated the global magnetic plate market in terms of revenue in 2017 owing to increasing demand for electric motors and generators across various applications such as wind energy generation.
The product is widely used in the construction of electrical transmission towers due to its ability to resist high levels of vibration without suffering any damage. It also has a low level of maintenance required when compared with other materials used for the same purpose. In addition, it can be installed quickly and at a lower cost as compared with its alternatives such as steel sheets or concrete slabs which makes it highly suitable for use in tower foundations on account of its lightweight characteristics along with superior corrosion resistance properties offered by them that make them ideal foundation material over all other products including steel & concrete ones available out there on the market today.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key companies. The growth is attributed to increasing demand for magnetic plates in various applications such as industrial, building and construction, automotive, and consumer appliances. In addition, growing investments by major mining companies are expected to drive product demand over the forecast period.
The Asia Pacific market is anticipated to witness significant growth over the forecast period owing to rapid industrialization coupled with rising per capita income levels in emerging economies such as China and India. Moreover, government initiatives encouraging domestic manufacturing activities are likely boost industry expansion over the coming years.
Europe accounted for a significant share of revenue generated by strong magnetic plate products application segment due to high level of urbanization across countries including Germany.
Growth Factors:
- Increasing demand for electric vehicles
- Growing awareness about the benefits of magnetic plates
- Rising disposable income of consumers
- Technological advancements in the manufacturing process of magnetic plates 5. Growing popularity of health and fitness
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Plate Market Research Report
By Type
Weak Magnetic, Middle Magnetic, Strong Magnetic
By Application
Mine, Ceramic, Power, Building Materials, Glass
By Companies
Mineral Technologies, SLon Magnetic, Metso, Eriez, Kanetec, Goudsmit Magnetics, Yueyang Dalishen, MAGSY, Multotec, Shandong Huate Magnet, Kemeida, Nippon Magnetics, Sollau, Malvern, Master Magnets
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Plate Market Report Segments:
The global Magnetic Plate market is segmented on the basis of:
Types
Weak Magnetic, Middle Magnetic, Strong Magnetic
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
Mine, Ceramic, Power, Building Materials, Glass
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:
- Mineral Technologies
- SLon Magnetic
- Metso
- Eriez
- Kanetec
- Goudsmit Magnetics
- Yueyang Dalishen
- MAGSY
- Multotec
- Shandong Huate Magnet
- Kemeida
- Nippon Magnetics
- Sollau
- Malvern
- Master Magnets
Highlights of The Magnetic Plate 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:
- Weak Magnetic
- Middle Magnetic
- Strong Magnetic
- By Application:
- Mine
- Ceramic
- Power
- Building Materials
- Glass
- 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 Plate 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 plates are thin pieces of metal that have a magnetic field applied to them. They can be used in devices such as hard drives and credit cards, or in medical imaging.
Some of the major players in the magnetic plate market are Mineral Technologies, SLon Magnetic, Metso, Eriez, Kanetec, Goudsmit Magnetics, Yueyang Dalishen, MAGSY, Multotec, Shandong Huate Magnet, Kemeida, Nippon Magnetics, Sollau, Malvern, Master Magnets.
The magnetic plate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetic Plate 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 Plate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetic Plate Market - Supply Chain
4.5. Global Magnetic Plate Market Forecast
4.5.1. Magnetic Plate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetic Plate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetic Plate Market Absolute $ Opportunity
5. Global Magnetic Plate 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 Plate Market Size and Volume Forecast by Type
5.3.1. Weak Magnetic
5.3.2. Middle Magnetic
5.3.3. Strong Magnetic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetic Plate 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 Plate Market Size and Volume Forecast by Application
6.3.1. Mine
6.3.2. Ceramic
6.3.3. Power
6.3.4. Building Materials
6.3.5. Glass
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetic Plate 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 Plate 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 Plate 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 Plate 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 Plate Demand Share Forecast, 2019-2026
9. North America Magnetic Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
9.4.1. Mine
9.4.2. Ceramic
9.4.3. Power
9.4.4. Building Materials
9.4.5. Glass
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetic Plate Market Size and Volume Forecast by Type
9.7.1. Weak Magnetic
9.7.2. Middle Magnetic
9.7.3. Strong Magnetic
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 Plate Demand Share Forecast, 2019-2026
10. Latin America Magnetic Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
10.4.1. Mine
10.4.2. Ceramic
10.4.3. Power
10.4.4. Building Materials
10.4.5. Glass
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetic Plate Market Size and Volume Forecast by Type
10.7.1. Weak Magnetic
10.7.2. Middle Magnetic
10.7.3. Strong Magnetic
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 Plate Demand Share Forecast, 2019-2026
11. Europe Magnetic Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
11.4.1. Mine
11.4.2. Ceramic
11.4.3. Power
11.4.4. Building Materials
11.4.5. Glass
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetic Plate Market Size and Volume Forecast by Type
11.7.1. Weak Magnetic
11.7.2. Middle Magnetic
11.7.3. Strong Magnetic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. 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 Plate Demand Share, 2019-2026
12. Asia Pacific Magnetic Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
12.4.1. Mine
12.4.2. Ceramic
12.4.3. Power
12.4.4. Building Materials
12.4.5. Glass
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetic Plate Market Size and Volume Forecast by Type
12.7.1. Weak Magnetic
12.7.2. Middle Magnetic
12.7.3. Strong Magnetic
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 Plate Demand Share, 2019-2026
13. Middle East & Africa Magnetic Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
13.4.1. Mine
13.4.2. Ceramic
13.4.3. Power
13.4.4. Building Materials
13.4.5. Glass
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetic Plate Market Size and Volume Forecast by Type
13.7.1. Weak Magnetic
13.7.2. Middle Magnetic
13.7.3. Strong Magnetic
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 Plate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnetic Plate Market: Market Share Analysis
14.2. Magnetic Plate Distributors and Customers
14.3. Magnetic Plate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mineral Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SLon Magnetic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Metso
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eriez
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kanetec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Goudsmit Magnetics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yueyang Dalishen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MAGSY
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Multotec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Huate Magnet
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kemeida
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nippon Magnetics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sollau
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Malvern
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Master Magnets
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
