Alnico Magnets Market, Global Outlook and Forecast 2023-2029

Report ID: MMG75560 | Category: Chemical & Material | Pages: 78 | Format: PDF | Published Date: March 06,2023

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Report Summary

Alnico belongs to the group of permanent (hard) magnets primarily composed of aluminum, nickel and cobalt. They are hard ferromagnetic substances which are widely used in temperature sensitive applications such as hall-effect and MR-based electronic and automotive sensors.They are also known as composite magnets which are usually manufactured from sintering or casting offering superior mechanical characteristics. Alnico magnets are made from the combination of aluminum, nickel and cobalt with small amounts of iron and other small elements that improve the property of the magnet.
This report aims to provide a comprehensive presentation of the global market for Alnico Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alnico Magnets. This report contains market size and forecasts of Alnico Magnets in global, including the following market information:
Global Alnico Magnets Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Alnico Magnets Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Alnico Magnets companies in 2022 (%)
The global Alnico Magnets market was valued at US$ 935.2 million in 2022 and is projected to reach US$ 1577.2 million by 2029, at a CAGR of 7.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global market for alnico has been witnessing significant growth owing to rapid expansion of the automotive industry. Alnico magnets are majorly used in several components of an automobile including exhaust systems and sensors among others. Asia Pacific accounted as the largest market for alnico magnets, which was majorly supported by China, followed by several regions in Rest of the World (RoW) such as Latin America and Middle East. After the global economic slowdown in 2008-09, the manufacturing industry in North America has been slowly gaining pace. Alnico magnets are being increasingly implemented in electric motors and various sound reproductive systems such as microphones and loudspeakers. However, over the years, the industry for alnico magnets in this region has been noticeably saturated due to increasing consumption of NdFeB magnets. These magnets have been increasingly superseded by rare earth magnets such as NdFeB as well as ferrite in different automotive and electronic equipments, resulting in low demand from retail and manufacturing companies. However, alnico magnets cannot be replaced completely by rare earth elements due to their wide temperature range and stability. Thus, besides the automotive industry, growing demand for electric motors and sound systemshas been strongly contributing towards the growth of the alnico market.Moreover, rapid growth of industrial activities in emerging regions such as Asia Pacific has resulted in growth of various application sectors such as healthcare, electronics and power generation among others, which in turn is expected to contribute towards the demand for alnico magnets in Asia Pacific over the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Alnico Magnets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alnico Magnets Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alnico Magnets Market Segment Percentages, by Type, 2022 (%)
    Cast Alnico
    Sintered Alnico
    Bar Alnico
Global Alnico Magnets Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alnico Magnets Market Segment Percentages, by Application, 2022 (%)
    Electronics
    Automotive
    Aerospace
    Wind Energy
    Medical Devices
Global Alnico Magnets Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alnico Magnets Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alnico Magnets revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Alnico Magnets revenues share in global market, 2022 (%)
Key companies Alnico Magnets sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Alnico Magnets sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Arnold Magnetic Technologies
    Adams Magnetic Products
    Stanford Magnets
    Master Magnetics
    Eneflux-Armtek Magnetics
    Hitachi Metals
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alnico Magnets, market overview.
Chapter 2: Global Alnico Magnets market size in revenue and volume.
Chapter 3: Detailed analysis of Alnico Magnets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Alnico Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Alnico Magnets capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Alnico Magnets Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Alnico Magnets Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Alnico Magnets Overall Market Size
    2.1 Global Alnico Magnets Market Size: 2022 VS 2029
    2.2 Global Alnico Magnets Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Alnico Magnets Sales: 2018-2029
3 Company Landscape
    3.1 Top Alnico Magnets Players in Global Market
    3.2 Top Global Alnico Magnets Companies Ranked by Revenue
    3.3 Global Alnico Magnets Revenue by Companies
    3.4 Global Alnico Magnets Sales by Companies
    3.5 Global Alnico Magnets Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Alnico Magnets Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Alnico Magnets Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Alnico Magnets Players in Global Market
        3.8.1 List of Global Tier 1 Alnico Magnets Companies
        3.8.2 List of Global Tier 2 and Tier 3 Alnico Magnets Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Alnico Magnets Market Size Markets, 2022 & 2029
        4.1.2 Cast Alnico
        4.1.3 Sintered Alnico
        4.1.4 Bar Alnico
    4.2 By Type - Global Alnico Magnets Revenue & Forecasts
        4.2.1 By Type - Global Alnico Magnets Revenue, 2018-2023
        4.2.2 By Type - Global Alnico Magnets Revenue, 2024-2029
        4.2.3 By Type - Global Alnico Magnets Revenue Market Share, 2018-2029
    4.3 By Type - Global Alnico Magnets Sales & Forecasts
        4.3.1 By Type - Global Alnico Magnets Sales, 2018-2023
        4.3.2 By Type - Global Alnico Magnets Sales, 2024-2029
        4.3.3 By Type - Global Alnico Magnets Sales Market Share, 2018-2029
    4.4 By Type - Global Alnico Magnets Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Alnico Magnets Market Size, 2022 & 2029
        5.1.2 Electronics
        5.1.3 Automotive
        5.1.4 Aerospace
        5.1.5 Wind Energy
        5.1.6 Medical Devices
    5.2 By Application - Global Alnico Magnets Revenue & Forecasts
        5.2.1 By Application - Global Alnico Magnets Revenue, 2018-2023
        5.2.2 By Application - Global Alnico Magnets Revenue, 2024-2029
        5.2.3 By Application - Global Alnico Magnets Revenue Market Share, 2018-2029
    5.3 By Application - Global Alnico Magnets Sales & Forecasts
        5.3.1 By Application - Global Alnico Magnets Sales, 2018-2023
        5.3.2 By Application - Global Alnico Magnets Sales, 2024-2029
        5.3.3 By Application - Global Alnico Magnets Sales Market Share, 2018-2029
    5.4 By Application - Global Alnico Magnets Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Alnico Magnets Market Size, 2022 & 2029
    6.2 By Region - Global Alnico Magnets Revenue & Forecasts
        6.2.1 By Region - Global Alnico Magnets Revenue, 2018-2023
        6.2.2 By Region - Global Alnico Magnets Revenue, 2024-2029
        6.2.3 By Region - Global Alnico Magnets Revenue Market Share, 2018-2029
    6.3 By Region - Global Alnico Magnets Sales & Forecasts
        6.3.1 By Region - Global Alnico Magnets Sales, 2018-2023
        6.3.2 By Region - Global Alnico Magnets Sales, 2024-2029
        6.3.3 By Region - Global Alnico Magnets Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Alnico Magnets Revenue, 2018-2029
        6.4.2 By Country - North America Alnico Magnets Sales, 2018-2029
        6.4.3 US Alnico Magnets Market Size, 2018-2029
        6.4.4 Canada Alnico Magnets Market Size, 2018-2029
        6.4.5 Mexico Alnico Magnets Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Alnico Magnets Revenue, 2018-2029
        6.5.2 By Country - Europe Alnico Magnets Sales, 2018-2029
        6.5.3 Germany Alnico Magnets Market Size, 2018-2029
        6.5.4 France Alnico Magnets Market Size, 2018-2029
        6.5.5 U.K. Alnico Magnets Market Size, 2018-2029
        6.5.6 Italy Alnico Magnets Market Size, 2018-2029
        6.5.7 Russia Alnico Magnets Market Size, 2018-2029
        6.5.8 Nordic Countries Alnico Magnets Market Size, 2018-2029
        6.5.9 Benelux Alnico Magnets Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Alnico Magnets Revenue, 2018-2029
        6.6.2 By Region - Asia Alnico Magnets Sales, 2018-2029
        6.6.3 China Alnico Magnets Market Size, 2018-2029
        6.6.4 Japan Alnico Magnets Market Size, 2018-2029
        6.6.5 South Korea Alnico Magnets Market Size, 2018-2029
        6.6.6 Southeast Asia Alnico Magnets Market Size, 2018-2029
        6.6.7 India Alnico Magnets Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Alnico Magnets Revenue, 2018-2029
        6.7.2 By Country - South America Alnico Magnets Sales, 2018-2029
        6.7.3 Brazil Alnico Magnets Market Size, 2018-2029
        6.7.4 Argentina Alnico Magnets Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Alnico Magnets Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Alnico Magnets Sales, 2018-2029
        6.8.3 Turkey Alnico Magnets Market Size, 2018-2029
        6.8.4 Israel Alnico Magnets Market Size, 2018-2029
        6.8.5 Saudi Arabia Alnico Magnets Market Size, 2018-2029
        6.8.6 UAE Alnico Magnets Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Arnold Magnetic Technologies
        7.1.1 Arnold Magnetic Technologies Company Summary
        7.1.2 Arnold Magnetic Technologies Business Overview
        7.1.3 Arnold Magnetic Technologies Alnico Magnets Major Product Offerings
        7.1.4 Arnold Magnetic Technologies Alnico Magnets Sales and Revenue in Global (2018-2023)
        7.1.5 Arnold Magnetic Technologies Key News & Latest Developments
    7.2 Adams Magnetic Products
        7.2.1 Adams Magnetic Products Company Summary
        7.2.2 Adams Magnetic Products Business Overview
        7.2.3 Adams Magnetic Products Alnico Magnets Major Product Offerings
        7.2.4 Adams Magnetic Products Alnico Magnets Sales and Revenue in Global (2018-2023)
        7.2.5 Adams Magnetic Products Key News & Latest Developments
    7.3 Stanford Magnets
        7.3.1 Stanford Magnets Company Summary
        7.3.2 Stanford Magnets Business Overview
        7.3.3 Stanford Magnets Alnico Magnets Major Product Offerings
        7.3.4 Stanford Magnets Alnico Magnets Sales and Revenue in Global (2018-2023)
        7.3.5 Stanford Magnets Key News & Latest Developments
    7.4 Master Magnetics
        7.4.1 Master Magnetics Company Summary
        7.4.2 Master Magnetics Business Overview
        7.4.3 Master Magnetics Alnico Magnets Major Product Offerings
        7.4.4 Master Magnetics Alnico Magnets Sales and Revenue in Global (2018-2023)
        7.4.5 Master Magnetics Key News & Latest Developments
    7.5 Eneflux-Armtek Magnetics
        7.5.1 Eneflux-Armtek Magnetics Company Summary
        7.5.2 Eneflux-Armtek Magnetics Business Overview
        7.5.3 Eneflux-Armtek Magnetics Alnico Magnets Major Product Offerings
        7.5.4 Eneflux-Armtek Magnetics Alnico Magnets Sales and Revenue in Global (2018-2023)
        7.5.5 Eneflux-Armtek Magnetics Key News & Latest Developments
    7.6 Hitachi Metals
        7.6.1 Hitachi Metals Company Summary
        7.6.2 Hitachi Metals Business Overview
        7.6.3 Hitachi Metals Alnico Magnets Major Product Offerings
        7.6.4 Hitachi Metals Alnico Magnets Sales and Revenue in Global (2018-2023)
        7.6.5 Hitachi Metals Key News & Latest Developments
8 Global Alnico Magnets Production Capacity, Analysis
    8.1 Global Alnico Magnets Production Capacity, 2018-2029
    8.2 Alnico Magnets Production Capacity of Key Manufacturers in Global Market
    8.3 Global Alnico Magnets Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Alnico Magnets Supply Chain Analysis
    10.1 Alnico Magnets Industry Value Chain
    10.2 Alnico Magnets Upstream Market
    10.3 Alnico Magnets Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Alnico Magnets Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Alnico Magnets Market, Global Outlook and Forecast 2023-2029

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