先端磁性材料の世界市場-2024-2031

概要

先端磁性材料の世界市場は、2023年に2,410万米ドルに達し、2031年には4,940万米ドルに達すると予測され、予測期間2024-2031年のCAGRは9.4%で成長します。

ハイブリッド電気自動車における先端磁性材料の需要の増加は、予測期間中に市場の可能性をもたらすと思われます。中国では、消費者のバッテリー駆動車への嗜好が高まるにつれて自動車産業が変化しています。さらに中国政府は、電気自動車の生産台数が2025年までに20%に達すると予測しています。これは、2022年に過去最高を記録した同国の電気自動車販売動向に反映されています。

さらに、風力発電所における磁性材料の需要も増加しています。中国は過去2年間、風力発電容量を増やしてきました。中国は2022年に風力発電所をより多く設置し、欧州よりも46％多く風力発電を行う。IEAによると、2023年の中国の陸上風力発電容量は30.9GWで、2023年末には59GWに達すると予想されています。

2023年には、北米が世界の先端磁性材料市場の20％以上を占め、2番目に優位な地域になると予想されています。発電用途での先端磁性材料の使用増加がこの地域の産業を後押しします。米国は発電容量で中国に次ぐ第2位です。2022年、米国の公益事業規模の発電施設は約4兆2,430億kWhを発電しました。この電力の約60％は、石炭、天然ガス、石油、その他のガスなどの化石燃料を使って発電されたものです。

ダイナミクス

自動車における電化の進展

自動車産業は、特に電気自動車やハイブリッド車の製造において、先端磁性材料の主要ユーザーです。ネオジム-鉄-ボロンなどの材料で構成される永久磁石は電気モーターの重要な部品であり、自動車産業が排出ガスの削減と燃費の向上を目指して電動化に移行するにつれて、先端磁性材料へのニーズが高まる一因となっています。

中国乗用車協会によると、同国では2022年に567万台のEVとプラグインが販売され、2021年のほぼ倍増となります。同国では潤滑油添加剤に対するニーズが低下することが予想されるため、同市場は現在の販売水準を維持する見通しです。インドでは、温室効果ガス排出削減のためにEVが重視されています。政府は、2023年にインドの新車の30%を電気自動車にするとしています。

エネルギー・電力分野の需要拡大

先端磁性材料は発電産業で広く使われています。この材料は発電や送電用のモーターに利用されています。磁性材料は、モーター、発電機、変圧器、アクチュエーターなど、さまざまな用途に使われています。

電気機械は硬い磁性材料で作られており、磁束を供給するという1つの基本的な機能を持っています。エネルギー資源研究所によると、2022年の世界の発電能力は29,165テトラワット時に達し、2021年の28,520テトラワット時よりも2.26％増加します。このように、エネルギー発電能力の増加は、先端磁性材料市場を活性化すると予想されます。

高コストと希少材料の限られた入手可能性

先端磁性材料の製造には、特殊な設備と専門知識を必要とする複雑な製造手順が伴うことが多いです。その結果、製造コストが高くなり、特に価格に敏感な産業では特定の材料の使用が制限されます。特許、ライセンス契約、貿易政策はすべて価格を上昇させ、国家間の技術や材料の移転を妨げ、市場競争力とイノベーションを低下させる。

ネオジム・鉄・ボロン磁石のような多くの先端磁性材料は、ネオジムやジスプロシウムのような希土類元素をベースにしています。特定の元素の入手可能性が限られ、地理的に不均等に分布しているため、供給制約や価格変動が生じ、先端磁性材料の安定性や費用対効果に影響を及ぼす可能性があります。

目次

第1章 調査手法と調査範囲

第2章 定義と概要

第3章 エグゼクティブサマリー

第4章 市場力学

• 影響要因
  • 促進要因
    • 自動車の電動化の進展
    • エネルギー・電力需要の拡大
  • 抑制要因
    • レアマテリアルの高コストと限られた入手性
  • 機会
  • 影響分析

第5章 産業分析

• ポーターのファイブフォース分析
• サプライチェーン分析
• 価格分析
• 規制分析
• ロシア・ウクライナ戦争影響分析
• DMIの見解

第6章 COVID-19分析

第7章 タイプ別

• 軟磁性材料
• 永久磁石材料
• セミハード磁性材料
• その他

第8章 エンドユーザー別

• ヘルスケア
• 自動車
• エネルギー・電力
• 産業用
• エレクトロニクス
• その他

第9章 地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • イタリア
  • ロシア
  • その他欧州
• 南米
  • ブラジル
  • アルゼンチン
  • その他南米
• アジア太平洋
  • 中国
  • インド
  • 日本
  • オーストラリア
  • その他アジア太平洋地域
• 中東・アフリカ

第10章 競合情勢

• 競合シナリオ
• 市況/シェア分析
• M&A分析

第11章 企業プロファイル

• Adams Magnetic Products Co.
  • 会社概要
  • 製品ポートフォリオと説明
  • 財務概要
  • 主な発展
• Advanced Technology & Materials Co., Ltd.
• Anhui Sinomag Technology Co., Ltd.
• Arnold Magnetic Technologies
• Daido Steel Co., Ltd.
• Dexter Magnetic Technologies
• Electron Energy Corporation
• Hitachi Metals, Ltd.
• Master Magnetics
• TDK Corporation

第12章 付録

Overview

Global Advanced Magnetic Materials Market reached US$ 24.1 million in 2023 and is expected to reach US$ 49.4 million by 2031, growing with a CAGR of 9.4% during the forecast period 2024-2031.

Increasing demand for advanced magnetic materials in hybrid electric vehicles is likely to provide market possibilities over the forecast period. In China, the automotive industry is changing as consumers' preferences for battery-powered vehicles increase. Furthermore, the Chinese government predicts that electric vehicle production will reach 20% by 2025. It is mirrored in the country's electric car sales trend, which reached a record high in 2022.

In addition, the demand for magnetic materials in wind power plants is increasing. China has increased wind generation capacity in the last two years. China installed more wind power stations in 2022, generating 46% more wind power than Europe. According to the IEA, China's onshore wind electricity capacity was 30.9 GW in 2023 and is expected to reach 59 GW by the end of 2023.

In 2023, North America is expected to be the second-dominant region with over 20% of the global advanced magnetic materials market. The increasing use of advanced magnetic materials in power generation applications will boost the region's industry. U.S. is second after China in terms of electricity generation capacity. In 2022, utility-scale electricity production facilities in U.S. generated around 4,243 billion kWh. About 60% of this electricity was generated using fossil fuels such as coal, natural gas, petroleum and other gases.

Dynamics

Rising Electrification in Automotive

The automotive industry is a key user of advanced magnetic materials, particularly for the construction of electric and hybrid vehicles. Permanent magnets comprised of materials such as neodymium-iron-boron are critical components in electric motors, contributing to the growing need for advanced magnetic materials as the automotive industry transitions to electrification to reduce emissions and increase fuel efficiency.

According to the China Passenger Car Association, the country delivered 5.67 million EVs and plug-ins in 2022, nearly doubling its sales in 2021. Anticipating a drop in the nation's need for lubricant additives, the market is positioned to maintain current sales levels. In India, the emphasis is turning to EVs to reduce greenhouse gas emissions. The government has set aside 30% of the new vehicles in India will be electric in 2023.

Growing Demand from Energy & Power

Advanced magnetic materials are widely used in the power generation industry. The materials are utilized in motors for power generation and electricity transmission. Magnetic materials are used in a variety of applications, including motors, generators, transformers and actuators.

Electric machines are built of hard magnetic materials and have one basic function: to provide magnetic flux. In accordance to the Energy and Resource Institute, globally power generation capacity will reach 29,165 tetra watt-hours in 2022, representing a 2.26% increase over the 28,520 tetra watt-hours generated in 2021. Thus, increased energy generation capacity is expected to fuel the market for advanced magnetic materials.

High Costs and Limited Availability of Rare Materials

The manufacture of advanced magnetic materials frequently entails complex manufacturing procedures that necessitate specialized equipment and expertise. It results in high manufacturing costs, limiting the use of certain materials, particularly in price-sensitive industries. Patents, license agreements and trade policies all increase prices and impede the transfer of technology and materials between countries, reducing market competitiveness and innovation.

Many advanced magnetic materials, like neodymium-iron-boron magnets, are based on rare earth elements such as neodymium and dysprosium. Limited availability and unequal geographic distribution of certain elements can cause supply constraints and price volatility, affecting the stability and cost-effectiveness of advanced magnetic materials.

Segment Analysis

The global advanced magnetic materials market is segmented based on type, end-user and region.

Rising Investments in Automotive Sector Drives the Segment Growth

Automotive is expected to be the dominant segment with over 30% of the market during the forecast period 2024-2031. Investments in this industry are projected to drive up demand for improved magnetic materials in the future years. For example, in March 2022, Suzuki Motor, a Japanese corporation, announced a US$ 1.3 billion investment in an India plant that will manufacture electric vehicles and batteries.

The materials lead to increased energy efficiency and light weighing initiatives in automobile components, which attracts investment. The rising emphasis on vehicle safety and connection drives demand for advanced driver assistance systems, which use magnetic materials for sensors and actuators. Stringent regulatory regulations for emissions and fuel economy encourage automobile makers to implement new technologies, driving revenue growth in the industry.

Geographical Penetration

Rising Energy Projects in Asia-Pacific

Asia-Pacific is expected to be the dominant region in the global advanced magnetic materials market covering over 30% of the market. The region's booming automotive sector, as well as an increase in energy initiatives, are driving demand for advanced magnetic materials in car components. Furthermore, technical breakthroughs, government initiatives and a thriving consumer electronics sector all contribute to the region's dominant position in the advanced magnetic materials market.

According to the International Organization of Motor Vehicle Manufacturers, China will account for 32.5% of global automobile manufacturing in 2021. Pacifico Energy announced in October 2020 the start of construction of a 54-MW solar project in Sano-shi, Tochigi Prefecture, Japan. It is Pacifico Energy's thirteenth plant in Japan. Furthermore, JERA Co. declared its goal to increase its renewable energy investment to 5 GW of capacity by 2025.

Competitive Landscape

The major global players in the market include Adams Magnetic Products Co., Advanced Technology & Materials Co., Ltd., Anhui Sinomag Technology Co., Ltd., Arnold Magnetic Technologies, Daido Steel Co., Ltd., Dexter Magnetic Technologies, Electron Energy Corporation, Hitachi Metals, Ltd., Master Magnetics and TDK Corporation.

COVID-19 Impact Analysis

The epidemic interrupted globally supply lines, hurting the manufacture and distribution of advanced magnetic materials. Lockdown measures forced manufacturing facilities to close or operate under restrictions, causing output delays and raw material shortages. Transportation interruptions and border restrictions compounded supply chain issues, making it difficult to deliver materials to clients on schedule.

During the pandemic, demand for advanced magnetic materials fell in many industries that rely heavily on them, including automotive, electronics and renewable energy. Automotive output, for example, saw major declines as vehicle sales fell due to economic uncertainty and lower consumer spending. The decrease in demand immediately affected the need for advanced magnetic materials utilized in components such as electric motors, sensors and actuators.

Russia-Ukraine War Impact

Russia and Ukraine are both large producers of raw materials used in advanced magnetic materials, including rare earth elements and metals such as neodymium, dysprosium and cobalt. Any disruption in the production or shipment of these products caused by the conflict result in supply shortages and price volatility in the globally market. Companies that rely on Russian or Ukrainian sources may need to seek alternate suppliers, which could result in greater prices and delays.

The uncertainty surrounding the conflict may add to price volatility in the global advanced magnetic materials market. Investors and corporations respond to geopolitical concerns by stockpiling resources or hedge against future supply disruptions, resulting in price changes. Higher raw material prices affect the profitability of manufacturers and downstream sectors that rely on advanced magnetic materials for diverse applications, such as electronics, renewable energy, automotive and medical equipment.

By Type

• Soft Magnetic Materials
• Permanent Magnetic Materials
• Semi-hard Magnetic Materials
• Others

By End-User

• Healthcare
• Automotive
• Energy and Power
• Industrial
• Electronics
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In October 2023, Ara Partners, a private equity firm that specializes in investments aimed at industrial decarbonization, has reported its acquisition of Vacuumschmelze, a prominent global maker of advanced magnetic materials.
• In December 2023, Advanced Magnet Lab, Inc. has announced their method for producing permanent magnets in U.S. The program intends to enable high-volume commercial manufacture, with a special emphasis on non-sintered permanent magnets designed to satisfy the needs of specific commercial and defense customers.

Why Purchase the Report?

• To visualize the global advanced magnetic materials market segmentation based on type, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of advanced magnetic materials market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global advanced magnetic materials market report would provide approximately 54 tables, 46 figures and 182 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

Table of Contents

1.Methodology and Scope

• 1.1.Research Methodology
• 1.2.Research Objective and Scope of the Report

2.Definition and Overview

3.Executive Summary

• 3.1.Snippet by Type
• 3.2.Snippet by End-User
• 3.3.Snippet by Region

4.Dynamics

• 4.1.Impacting Factors
  • 4.1.1.Drivers
    • 4.1.1.1.Rising Electrification in Automotive
    • 4.1.1.2.Growing Demand from Energy & Power
  • 4.1.2.Restraints
    • 4.1.2.1.High Costs and Limited Availability of Rare Materials
  • 4.1.3.Opportunity
  • 4.1.4.Impact Analysis

5.Industry Analysis

• 5.1.Porter's Five Force Analysis
• 5.2.Supply Chain Analysis
• 5.3.Pricing Analysis
• 5.4.Regulatory Analysis
• 5.5.Russia-Ukraine War Impact Analysis
• 5.6.DMI Opinion

6.COVID-19 Analysis

• 6.1.Analysis of COVID-19
  • 6.1.1.Scenario Before COVID-19
  • 6.1.2.Scenario During COVID-19
  • 6.1.3.Scenario Post COVID-19
• 6.2.Pricing Dynamics Amid COVID-19
• 6.3.Demand-Supply Spectrum
• 6.4.Government Initiatives Related to the Market During Pandemic
• 6.5.Manufacturers Strategic Initiatives
• 6.6.Conclusion

7.By Type

• 7.1.Introduction
  • 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 7.1.2.Market Attractiveness Index, By Type
• 7.2.Soft Magnetic Materials*
  • 7.2.1.Introduction
  • 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 7.3.Permanent Magnetic Materials
• 7.4.Semi-hard Magnetic Materials
• 7.5.Others

8.By End-User

• 8.1.Introduction
  • 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 8.1.2.Market Attractiveness Index, By End-User
• 8.2.Healthcare*
  • 8.2.1.Introduction
  • 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 8.3.Automotive
• 8.4.Energy and Power
• 8.5.Industrial
• 8.6.Electronics
• 8.7.Others

9.By Region

• 9.1.Introduction
  • 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 9.1.2.Market Attractiveness Index, By Region
• 9.2.North America
  • 9.2.1.Introduction
  • 9.2.2.Key Region-Specific Dynamics
  • 9.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.2.5.1.U.S.
    • 9.2.5.2.Canada
    • 9.2.5.3.Mexico
• 9.3.Europe
  • 9.3.1.Introduction
  • 9.3.2.Key Region-Specific Dynamics
  • 9.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.3.5.1.Germany
    • 9.3.5.2.UK
    • 9.3.5.3.France
    • 9.3.5.4.Italy
    • 9.3.5.5.Russia
    • 9.3.5.6.Rest of Europe
• 9.4.South America
  • 9.4.1.Introduction
  • 9.4.2.Key Region-Specific Dynamics
  • 9.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.4.5.1.Brazil
    • 9.4.5.2.Argentina
    • 9.4.5.3.Rest of South America
• 9.5.Asia-Pacific
  • 9.5.1.Introduction
  • 9.5.2.Key Region-Specific Dynamics
  • 9.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.5.5.1.China
    • 9.5.5.2.India
    • 9.5.5.3.Japan
    • 9.5.5.4.Australia
    • 9.5.5.5.Rest of Asia-Pacific
• 9.6.Middle East and Africa
  • 9.6.1.Introduction
  • 9.6.2.Key Region-Specific Dynamics
  • 9.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

10.Competitive Landscape

• 10.1.Competitive Scenario
• 10.2.Market Positioning/Share Analysis
• 10.3.Mergers and Acquisitions Analysis

11.Company Profiles

• 11.1.Adams Magnetic Products Co.*
  • 11.1.1.Company Overview
  • 11.1.2.Product Portfolio and Description
  • 11.1.3.Financial Overview
  • 11.1.4.Key Developments
• 11.2.Advanced Technology & Materials Co., Ltd.
• 11.3.Anhui Sinomag Technology Co., Ltd.
• 11.4.Arnold Magnetic Technologies
• 11.5.Daido Steel Co., Ltd.
• 11.6.Dexter Magnetic Technologies
• 11.7.Electron Energy Corporation
• 11.8.Hitachi Metals, Ltd.
• 11.9.Master Magnetics
• 11.10.TDK Corporation

LIST NOT EXHAUSTIVE

12.Appendix

• 12.1.About Us and Services
• 12.2.Contact Us