DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Magnetic Plastics Market - Global Trends and Forecast to 2022" report to their offering.
The global magnetic plastics market is expected to grow at a CAGR of 8.1% during the forecast period 2016-2022 to reach around $39.32 billion by 2022. The electrical & electronics segment is expected to maintain the global dominance in applications segment, driven by China and India. In geographic terms, Asia Pacific is expected to retain its top position in the global magnetic plastics followed by North America. Some of the key players in magnetic plastics are Hitachi Metals, Daido Steel, Arnold Magnetic Technologies Corporation, etc.
Globally, the demand for magnetic plastics is growing consistently, especially in Asia Pacific and North America markets. The growth is supported by increasing electronic media applications and healthcare industries in these regions, respectively. Currently, Asia Pacific is the global leader in the magnetic plastics market.
China and India have built an advantage of covering most the manufacturing and consumption market, and thus providing the maximum contribution in the global magnetic plastics market. North America is the second major consumer of the global magnetic plastics market owing to the large healthcare industry. Europe and Middle East & African countries are expected to show high growth rate during the forecast period due to increasing acceptance and industrialization in respective regions.
- 3M Company
- Arnold Magnetic Technologies
- Daido Steel Co., Ltd.
- Ferrite Bonded Magnetic Plastics
- General Electric (GE)
- Hitachi Metals, Ltd.
- Koninklijke Philips N.V.
- NdFeB Bonded Magnetic Plastics
- Perfect Polymers FZ-LLC
- TDK Corporation
- ThyssenKrupp AG
- Toshiba Corporation
- VACUUMSCHELZE (OM GROUP)
Key Topics Covered:
1 Report Outline
2 Executive Summary
3 Market Positioning
4 Market Outlook
5 Market Characteristics
6 Type: Market Size and Analysis
7 Application: Market Size and Analysis
8 Regions: Market Size and Analysis
9 Companies to Watch for
10 Competitive Landscape
11 Expert's Views
For more information about this report visit https://www.researchandmarkets.com/research/z755b5/magnetic_plastics