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QYResearch: The global market for Ferrite Magnets is expected to reach about 1105 K Tonne by 2022

The Global Ferrite Magnets Market Research Report 2017 is a professional and in-depth study on the current state of the Ferrite Magnets market. Annual estimates and forecasts are provided for the period 2016 through 2022. More Info: http://www.qyresearchglobal.com/goods-1109960.html

QYRESEARCH According

QYRESEARCH According to QYResearch, The global market for Ferrite Magnets is expected to reach about 3783 Million USD by 2022 from 3573 Million USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 0.95% during the analysis period, 2016-2022. The global market for Ferrite Magnets is expected to reach about 1105 K Tonne by 2022 from 1024 K Tonne in 2016, registering a Compounded Annual Growth Rate (CAGR) of 1.27% during the analysis period, 2016-2022. At present, in developed countries, the Ferrite Magnets industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in Japan and China. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Ferrite Magnets production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases. China’s Ferrite Magnets industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of Ferrite Magnets, but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import.

QYRESEARCH There are many small size manufacturers in this industry. The global Ferrite Magnets industry has reached a production volume of approximately 1024 K Tonne in 2016. The global Ferrite Magnets industry has reached the production value of approximately 3573 million USD in 2016. The key manufacturers include TDK, Hitachi Metals, DMEGC, JPMF, TDG, HEC GROUP, VACUUMSCHMELZE, MAGNETICS, KaiYuan Magnetism Material, FDK, Acme Electronics and Nanjing New Conda Magnetic Industrial Co.,Ltd.

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