Ferromagnetic Materials Market to Surge at a Robust Pace by 2027

1. Ferromagnetic Materials Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 20257 ©2019 Transparency Market Research, All Rights Reserved

2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

3. Ferromagnetic Materials Market: Overview • Ferromagnetic materials are strongly attracted to a magnet or magnetic field. These materials comprise iron, steel, nickel, cobalt, and other alloys. • The permeability of ferromagnetic materials is very high; it ranges up to several hundred or thousand units • Ferromagnetic materials are primarily used in several electromagnetic and electromechanical devices such as electromagnets, generators, electric motors, transformers, and magnetic storage devices such as hard disks and tape recorders • Increase in demand for electromagnetic and electromechanical devices in electronics and health care industries is anticipated to drive the global ferromagnetic materials market 

4. High Demand for Ferromagnetic Materials in Electronics Industry • In terms of application, the global ferromagnetic materials market can be segregated into electrical equipment, magnetic storage devices, electronic & electromechanical devices, and others. The electronic & electromechanical devices segment is estimated to account for major share of the global ferromagnetic materials market in the near future. • Ferromagnetic materials such as iron, nickel, cobalt, tungsten, and aluminum and their alloys are primarily used in the electronics industry owing to their good electric and magnetic conductivity • Increase in demand for ferromagnetic materials in electronic and electromechanical devices due to excellent properties such as high relative permeability, low coercive force, and negligible hysteresis is expected to boost the market during the forecast period • Electronic and electromechanical devices such as electromagnets, transformers, electric motors, generators, inductors, relay, and telephone receivers operate under frequently varying magnetic flux.

5. Increase in Research & Development of Ferromagnetic Materials for Health Care Industry Ferromagnetic metals such as iron, cobalt, or nickel filled with carbon nanotubes are new and innovative nanostructured materials possessing a number of exceptional characteristics Ferromagnetic materials filled with carbon nanotubes maintain consistent properties without mechanical or chemical degradation. This characteristic makes ferromagnetic materials an excellent material for manufacturing components for magneto-mechanical sensors. Ferromagnetic materials or nano-magnets are promising materials for several medical applications. Carbon nanotubes filled ferromagnetic materials are commercially suitable for high quality scanning force microscopy probes in the health care industry. Demand for ferromagnetic materials in the health care industry is anticipated to increase in the near future, as partially carbon nanotube-filled ferromagnetic materials can be employed as medical drug delivery systems. Furthermore, carbon nanotube-filled ferromagnetic materials are widely used as magneto-mechanical actuators in the NEMS (nano-electromechanical systems) and MEMS (micro-electromechanical systems) technology. NEMS and MEMS are functional technologies used to operate medical equipment. Rise in usage of nano-sized magnetic particles such as carbon nanotubes in ferromagnetic materials for biomedical applications is estimated to boost the demand for ferromagnetic materials across the globe  View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

6. Major players operating in the ferromagnetic materials market include: Adams Magnetic Products Armstrong Magnetics CMS Magnetics DEXTER MAGNETIC TECHNOLOGIES Digi-Key Electronics Dura Magnetics Electrodyne Company Goudsmit Magnetic Supplies BV International Magna Products Magnetfabrik Bonn GmbH RS Components, Ltd. ©2019 Transparency Market Research, All Rights Reserved

7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U