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Magnetic Polymer Market | Global Industry Report, 2031

Magnetic Polymer Market is expected to surpass the value US$ 66.1 Mn By 2031, expanding at a CAGR of 8.1 % during the forecast period 2022-2031

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Magnetic Polymer Market | Global Industry Report, 2031

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  1. 9/5/22, 10:33 AM Magnetic Polymer Market | Global Industry Report, 2031 Search report Keywords Home / Chemicals And Materials / Metals and Minerals / Magnetic Polymer Market Magnetic Polymer Market Rep Id : TMRGL84887 Magnetic Polymer Market (Type: Organic Magnetic Polymers, Metal-ion Polymers, and Metal August 2022 Oxide-based Polymers; and Material: Polyepoxides, Polyurethanes, Polyimides, Polydimethylsiloxan, Chemicals And Materials and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031 324 Pages Report Preview Table of Content Transparency Plus Request FREE Sample Magnetic Polymer Market Outlook 2031 The global magnetic polymer market was valued at US$ 37.8 Mn in 2021 It is estimated to grow at a CAGR of 8.1 % from 2022 to 2031 The global magnetic polymer market is expected to reach US$ 66.1 Mn by the end of 2031 Select License Type Single User license $5795 Multi-User license $8795 Analysts’ Viewpoint on Magnetic Polymer Market Scenario Corporate license $11795 Magnetic polymers offer an array of industrial applications, as they are used in small motors, probes, and sensors in the automotive industry. Rise in usage of magnetic polymer can be ascribed Buy Now to its ability to reform into various shapes. The polymer is suitable for multi-pole magnetization. Manufacturers are focused on R&D in magnetic polymer nanospheres for their cost-effective Safe and Secure SSL Encrypted application in drug delivery. Small magnetic parcels could deliver drugs to exactly where they are Get A Special pricing for start-ups and universities. needed, controlled by an external magnetic field. Companies are also emphasizing on collaborating with universities for R&D in various uses of magnetic polymers. Increase in Request Discount application of magnetic polymers is expected to provide lucrative opportunities to manufacturers operating in the global magnetic polymer market. - Need More Info? - Enquiry Before Buying Request Methodology Ask References Free Customization - Want to customize this report? - We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological Intelligence to understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. We offer 100% Free Customisation at the time of purchase Global Magnetic Polymer Market Introduction Magnetic polymers usually include powders such as Fe3O4, CoFe2O4, strontium ferrite, and Connect To Analyst nickel. They also often include chosen matrix products such as epoxies, polyurethanes, and polyimides. Magnetic polymers have weaker magnetic properties than cast or sintered magnets. They are used to produce durable and reliable materials. - Trusted Partners - https://www.transparencymarketresearch.com/magnetic-polymer-market.html 1/6

  2. 9/5/22, 10:33 AM Magnetic Polymer Market | Global Industry Report, 2031 Magnetic polymers are lightweight; therefore, they are used in motors, sensors, etc. in the Quick Contact 866-552-3453 automobile sector. They can be used in brushless DC motors and sensors to improve man- machine interaction, noise reduction, and energy savings. Magnetic polymers can be applied to +1-518-618-1030 electromagnetic shielding, printer magnetic roller, magnetic connector, and other smart devices Contact by email such as mobile phones and computers. Organic-based magnetic materials are used for the manipulation of polarized light in optical devices. The magnetic polymer tetracyanoethylene Why trust Us? 35,000+ Research Reports plays a vital role in the development of organic-based magnetic materials. Organic polymers are also used to produce magnetic plastics. - Related Reports - Request a sample to get extensive insights into the Magnetic Polymer Market Manganese Alloys Market High Magnetic Performance and Low Volume & Weight Propelling Demand for Magnetic Polymer in Automotive Industry Optical Brighteners Market Foam Trays Market Complexity in electrical control systems of vehicles has increased, as automotive companies are responding to the need to manufacture vehicles that use less fuel and emit lower carbon. This Bio-based Platform Chemicals Market has led to widespread application of magnetic polymers in the manufacture of automotive Copper Pipes & Tubes Market actuators and drives. In turn, this has increased the need to produce magnetic polymers, which can be fabricated with complex shapes and geometries. Magnetic polymer beads and nanoparticles are under R&D for their usage in cancer treatment and drug delivery. Various studies are focusing on improving the magnetic properties of polymers and drug carriers; and developing technologies for cost-effective scale-up of magnetic systems. Hybrid nanomaterials based on bifunctional proteins, conducting polymers, biopolymers, etc. offer potential for diagnosis and treatment of serious diseases including cancer. High potential of polymer-assisted magnetic assemblies in diagnosis and treatment of serious diseases can be ascribed to their controllable magnetic properties and collective functions. Cheaper Cost of Material Compared to Permanent Magnets The cost of polymeric magnets is comparatively lower than that of permanent or ferrite magnets. Polymeric magnets can also be produced at a relatively lower cost than permanent or ferrite magnets once the setup is installed. Polymeric magnets have relatively high-temperature resistance, without any significant loss of magnetic properties. They can be molded multiple times, unlike magnets that need heavy processing. Application of ultrafine magnetic polymer composites activated by a chelated paint dispersion and coupling agent can improve covering ability, abrasion resistance, adhesion, impact resistance, and flexibility, as well as color intensity and reflection. It can reduce the quantity of dispersants used in latex paints by preventing pigment settling. Magnetic polyamide composites can be produced at a low cost despite their high energy. Additionally, mixing of oxide type magnet powder with rare earth element type magnet powder enables the absolute value of negative magnetic temperature coefficient of ferrite magnet to be reduced to 0 due to mutual compensation of respective magnetic temperature coefficients. As the compounding ratio of the rare earth element type magnet increases, the coefficient becomes positive. Request a custom report on Magnetic Polymer Market Rise in Usage of Polyepoxide Material Driving Magnetic Polymer Market In terms of material, the global magnetic polymer market has been divided into polyepoxides, polyurethanes, polyimides polydimethylsiloxan (PDMS), and others. The polyepoxides segment held around 47% share of the global magnetic polymer market in 2021. Polyepoxides are polyglycidyl ethers of polyphenol alkanes with high glass transition temperatures. The powder form of polyepoxides contains a latent imidazole curing agent. The powder is mixed with rare earth-iron alloy particles. The mixture is then compacted. The resultant compact is heated to melt the powder and activate the curing agent. Alloy particles in the resultant magnet body are exceptionally resistant to flux loss upon aging. https://www.transparencymarketresearch.com/magnetic-polymer-market.html 2/6

  3. 9/5/22, 10:33 AM Magnetic Polymer Market | Global Industry Report, 2031 Increase in Demand for Magnetic Polymer in Electronics and Automotive Sectors Based on application, the global magnetic polymer market has been divided into medical, chemical, research and development, automotive, electronics, and waste treatment. The electronics segment held major share of around 31.6% of the global magnetic polymer market in 2021. It was followed by automotive and medical segments. Magnetic polymers are widely employed in the automotive industry for the manufacture of vipers, power windows, wheel speed sensors, power mirrors, crash sensors, fuel gauges, speedometers, etc. Growth in the automotive industry, due to the rise in demand for vehicles in emerging economies such as India and China, is expected to propel the global magnetic polymer market. Regional Outlook of Global Magnetic Polymer Market Asia Pacific accounted for major share of the global magnetic polymer market in 2021. The region is expected to continue its dominance during the forecast period. This can be ascribed to the increase in production and usage of magnetic polymers in China. The country has abundant reserves of rare earth metal deposits, which are used in the production of magnetic polymers. North America and Europe are also key regions of the global magnetic polymer market. These regions held 9.8% and 14.1% share, respectively, of the global magnetic polymer market in 2021. In terms of volume, Middle East & Africa is the larger market for magnetic polymer compared to Latin America. The market in Latin America is expected to grow at a lower rate compared to that in Middle East & Africa during the forecast period. Analysis of Key Players in Magnetic Polymer Market The global magnetic polymer market is highly competitive, with the presence of several small- and medium-scale manufacturers such as Thyssenkrupp AG, Sura Magnets AB, Bomatec AG, Hengdian Group DMEGC Magnetics Co. Ltd, MS-Schramberg GmbH & Co. KG, Sinomag, s.r.o., and BINIC MAGNET Co., Ltd. Most of the firms are adopting new technologies and strategies with comprehensive research and development activities. Expansion of product portfolios and mergers and acquisitions are prominent strategies adopted by key players. Key Developments in Global Magnetic Polymer Market In October 2021, MagDev was acquired by Bunting. Through this acquisition, Bunting can provide a wider variety of magnetic solutions and technological know-how. Bunting's leading position in the European magnetics industry is confirmed by the expanded product line and increased magnet engineering expertise. In February 2021, Industrial Magnetics acquired Walker Magnetics. The acquisition of Walker Magnetics indicates Industrial Magnetics’ next step in expanding its permanent, electromagnetic, electro-permanent, and other new magnetic technologies and systems for industrial applications. Each of these players has been profiled in the global magnetic polymer market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments. Global Magnetic Polymer Market Snapshot Attribute Detail Market Size US$ 37.8 Mn Value in 2021 https://www.transparencymarketresearch.com/magnetic-polymer-market.html 3/6

  4. 9/5/22, 10:33 AM Magnetic Polymer Market | Global Industry Report, 2031 Market Forecast Value US$ 66.1 Mn in 2031 Growth Rate 8.1% (CAGR) Forecast 2022–2031 Period Historical Data Available 2020 for Quantitative US$ Mn for Value & Kilo Tons for Volume Units It includes cross segment analysis at global as well as regional level. Furthermore, Market qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Analysis Five Forces analysis, value chain analysis, and key trend analysis. Market share analysis by company (2021) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials Competition Landscape Format Electronic (PDF) + Excel Type Organic Magnetic Polymers Metal-ion Polymers Metal Oxide-based Polymer Material Polyepoxides Polyurethanes Polyimides Polydimethylsiloxan (PDMS) Others Application Drug Delivery Applications Visual Display Sensor Vivo Imaging Photocatalysis Heavy Metal Absorption Others End-use Medical Chemical Research and Development Automotive Electronics Waste Treatment Market Segmentation https://www.transparencymarketresearch.com/magnetic-polymer-market.html 4/6

  5. 9/5/22, 10:33 AM Magnetic Polymer Market | Global Industry Report, 2031 North America Latin America Europe Asia Pacific Middle East & Africa Regions Covered U.S. Canada Germany U.K. France Spain Italy Russia & CIS Japan China India ASEAN Brazil Mexico GCC South Africa Countries Covered Thyssenkrupp AG Sura Magnets AB Bomatec AG Hengdian Group DMEGC Magnetics Co. Ltd MS-Schramberg GmbH & Co. KG Sinomag, s.r.o. BINIC MAGNET Co. LTD Companies Profiled Customization Available upon request Scope Pricing Available upon request Interested in this report? Get a FREE sample now! Get Free Sample *Get Sample Report (PDF) sent to your email within minutes Frequently Asked Questions How big was the magnetic polymer market in 2021? The magnetic polymer market stood at US$ 37.8 Mn in 2021. How is the market expected to grow by 2031? What are the key drivers of the magnetic polymer market? https://www.transparencymarketresearch.com/magnetic-polymer-market.html 5/6

  6. 9/5/22, 10:33 AM Magnetic Polymer Market | Global Industry Report, 2031 Which was the largest segment of the magnetic polymer market in 2021? Which region was the most lucrative in the magnetic polymer market? Who are the prominent players in the magnetic polymer market? - Help - - Follow Us - Terms Of UseCustomer FAQHow To OrderPrivacy PolicySitemap U.S Sales Office Corporate Headquarter Reach Us +1-518-618-1030 State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA 866-552-3453 (US-Canada Toll Free) sales@transparencymarketresearch.com Trust Online Copyright © Transparency Market Research, Inc. All Rights reserved https://www.transparencymarketresearch.com/magnetic-polymer-market.html 6/6

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