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North America Ferrite Magnet Market Trends, Demand and Business Opportunities 2026

  • Writer: amaramurray21
    amaramurray21
  • Jul 13, 2021
  • 2 min read

According to the latest report by IMARC Group, titled "North America Ferrite Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the north america ferrite magnet market reached a volume of 1,01,242 Tons in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026.


We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.


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Ferrite magnets refer to one of the most widely used permanent magnets worldwide. They are available in two forms – strontium and barium. These magnets offer high electrical insulation while being extremely resistant to salts, solvents, greases, lubricants and weak acids. They are hard, brittle and tolerant to high-temperature exposures. They also offer strong resistance to demagnetization and corrosion while being able to efficiently work in wet, damp and marine environments due to their insensitivity to humidity. These magnets are continually replacing samarium-cobalt (SmCO), neodymium-iron-boron (NdFeB) and aluminum-nickel-cobalt (AlNiCo) magnets in numerous indoor and outdoor application segments across the automotive, electrical, military, and aerospace industries.


North America Ferrite Magnet Market 2021-2026 Competitive Analysis and Segmentation:


Competitive Landscape With Key Players:


The competitive landscape of the north america ferrite magnet market has been studied in the report with the detailed profiles of the key players operating in the market.


Key Market Segmentation:


The report has segmented the north america ferrite magnet market on the basis of end-use and country.


Breakup by End-Use:

  • Electro-Acoustic Products

  • Electronics Industry

  • Power Play Tools

  • Car Line Industry

  • Calculating Machines

  • Others

Breakup by Country:

  • United States

  • Canada

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-ferrite-magnet-market


Key highlights of the report:

  • Market Performance (2015-2020)

  • Market Outlook (2021-2026)

  • Industry Trends

  • Market Drivers and Success Factors

  • The Impact of COVID-19 on the Global Market

  • Value Chain Analysis

  • Structure of the Global Market

  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.


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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact US:


IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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