​Building integrated photovoltaic (BIPV) is a solar power generating component that is used in the construction of roofs, skylights and facades in a building. It acts as the outer layer of the structure, which produces electricity for on-site use and exports it to the grid. It aids in reducing material and electricity costs and minimizing the utilization of fossil fuel and the emission of ozone-depleting gases.
The escalating demand for integrated solar energy solutions in commercial installations, owing to the growing awareness about green and zero-emission buildings, represents one of the key factors driving the global BIPV market growth. Furthermore, governments of various countries are implementing favorable policies to promote the utilization of renewable energy, which, in turn, is propelling the market growth. They are also supporting infrastructural developments in the form of optimum grid-parity of photovoltaic (PV) systems, which is expected to create a positive outlook for the market in the coming years.
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Insights on Market Segmentation:
Market Breakup by Product Type
Polycrystalline
Thin Film
Other

Market Breakup by Application
Roof
Facades
Glass
Other

Market Breakup by End-Use
Commercial
Residential
Industrial

Market Breakup by Region:
Europe
North America
Asia Pacific
Middle East and Africa
Latin America
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/building-integrated-photovoltaics-market

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Ankara Solar AS, Ertex Solartechnik GmbH, Hanergy Holding Group Ltd, Hermans Techniglaz, ISSOL sa, Navitas Green Solutions Pvt. Ltd, NanoPV Solar Inc., Polysolar, Sphelar Power Corporation, VIASOLIS,etc.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

​According to the latest report by IMARC Group titled, “North America Ceramic Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is expected to grow at a CAGR of around 2% during 2020-2025.

Ceramic tiles are thin slabs that are manufactured from naturally occurring minerals such as clay, silica sand, feldspar and dolomite. They are durable, can withstand exposure to acidic chemicals and provide resistance against high temperatures. Owing to these benefits, they are widely used in the healthcare, pharmaceutical and hospitality industries across the North American countries. Other than this, they are also used as floor coverings in residential, commercial and industrial buildings in the region.
In North America, initiatives to renovate and improve the aging infrastructure represent one of the key factors driving the ceramic tiles market growth. Moreover, on account of their anti-skid and anti-bacterial properties, ceramic tiles are considered as an ideal alternative to hardwood and are widely utilized in the construction of green buildings. Besides this, technological advancements, such as spray drying, pressing and firing, are catalyzing the demand for ceramic tiles in the region. Furthermore, manufacturers operating in the region are offering customization and personalization features, which is expected to create a positive outlook for the market growth.

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Insights on Market Segmentation:

Market by Type

• Floor Tiles
• Wall Tiles
• Others
  
  

Market by Application

• Residential Applications
• Commercial Applications
• Replacement Applications
  
  

Market Breakup by Country

• United States
• Canada
  
  

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/north-america-ceramic-tiles-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic

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Global Portland Cement Market Trends:
Over the years, with the rising number of construction and infrastructural activities, the demand for Portland cement has increased. Apar from this, the market growth is also being spurred by the specialty applications of the product. Portland cement is widely used in the construction of nuclear waste facilities and as a medium for protecting and controlling radioactive species. Besides this, oil-well cement, which is used for cementing work in the drilling of oil wells, usually consists of Portland cement with special organic retarders to prevent it from setting too quickly. Another major growth-inducing factor is the investment by governments of various nations in mega infrastructural projects, including the development of smart cities. Moreover, significant improvements have been made in the production process of cement to reduce the associated environmental impact, which is expected to influence the market positively. On account of these factors, the market is projected to reach a volume of 6.08 Billion Tons by 2025, expanding at a CAGR of 2.9% during 2020-2025.

Browse full reports with TOC's: https://www.imarcgroup.com/portland-cement-market

Insights on Market Segmentation:

Breakup by Type
1. Type 1
2. Type 2
3. Type 3
4. Type 4
5. Type 5
Based on the type, the market has been segmented into type 1, 2, 3, 4 and 5. Currently, type 1 Portland cement is the most popular segment, accounting for the majority of the total market share.

Breakup by Application Sector
1. Residential
2. Commercial
3. Industrial
On the basis of the application sector, the market has been categorized into residential, commercial and industrial. At present, the residential sector dominates the market, holding the largest market share

Breakup by Packing Type
1. 10 KG
2. 15 KG
3. 25 KG
4. Others
The market has been classified based on the packaging type into 10kg, 15kg, 25kg and others.

Breakup by Region
1. Asia Pacific
2. North America
3. Europe
4. Middle East and Africa
5. Latin America
Region-wise, Asia Pacific holds the leading position in the market, which further includes countries like China, India, Japan and others. Other major regions are North America (the United States and Canada), Europe (Germany, the United Kingdom and others), Middle East and Africa (Saudi Arabia and South Africa and others), and Latin America (Brazil, Argentina and others).

Competitive Landscape
The competitive landscape of the market has also been examined, with some of the key players being Mitsubishi Cement Corporation, Alamo Cement Company, Martin Marietta Inc., Heidelberg Cement Group, National Cement Company, American Cement Company, Lafarge Holcim Ltd, Argos Ltd, China National Building Material Co. Ltd., Salt River Materials Group, Anhui Conch Cement Co., Ltd., Ash Grove Cement Company, Tanzania Portland Cement Public Limited Company (TPC PLC), Quikrete Holding Ltd., CalPortland Company, Inc., Capitol Aggregates Inc, CEMEX S.A.B. de C.V., GCC of America, Inc., Lehigh Hanson, Inc., National Cement Company of Alabama, Inc., Ultratech Cement Limited and Buzzi Unicem USA Inc.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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According to the latest report by IMARC Group, titled “Construction and Demolition Waste Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global construction and demolition waste management market is witnessing healthy growth. Construction and demolition (C&D) waste management refers to the process of collecting, transporting and recycling debris produced during the construction, alteration, destruction, rehabilitation, or refurbishment of infrastructures. The process helps with the proper disposal of construction materials, thereby curbing their negative impact on the environment. It also ensures the recycling of waste materials so as to limit the production and consumption of virgin resources and new materials. Nowadays, the rising concerns about environmental degradation have led to the adoption of C&D waste management globally. 

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Global Construction and Demolition Waste Management Market Trends:

With rapid urbanization and globalization, there has been an increase in C&D activities around the world. These activities generate a considerable amount of waste that is usually disposed of in landfills, rivers and other water bodies, leading to environmental pollution. Owing to these negative consequences, governments of various nations have implemented stringent regulations to control and reduce illegal disposal of construction waste materials. They are also working toward recycling demolition waste and simultaneously generating sustainable raw materials for reconstruction. For instance, the Construction & Demolition Recycling Association (CDRA) is promoting the recycling of recoverable C&D materials, including concrete, asphalt, asphalt shingles, gypsum wallboard, wood and metals, that are produced in the United States every year. Other than this, many non-governmental organizations are creating awareness about the hazardous impact of construction waste, which has significantly encouraged end users to adopt C&D waste recycling techniques. Moreover, technological advancements in the building and construction industry have led to innovative and advanced waste management techniques, which will provide a positive thrust to the market in the forthcoming years. Looking forward, the market is projected to grow at a CAGR of around 5% during 2019-2024.

Explore full report with table of contents: https://www.imarcgroup.com/construction-demolition-waste-management-market

Key Insights from the Report:

• Based on the business sector, the market has been categorized into construction, renovation and demolition. Demolition currently accounts for the majority of the overall market share.
• The market has been bifurcated on the basis of the service type into collection, recycling, landfill and incineration. At present, collection holds the largest market share.
• On the basis of the waste type, the report finds that inert waste is the leading segment. Other significant types include wood, cardboard, plastic, glass, metal and others.  
• Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.
• The competitive landscape of the market has also been examined, with some of the key players being Progressive Waste Solutions Ltd., Remondis Group, Republic Services, Inc., Clean Harbor, Inc., Daiseki Co. Ltd., Gamma Waste Systems LLC, Veolia North America LLC, Waste Management, Inc., Renewi PLC, The Federal Communications Commission (FCC), Advanced Disposal Services, Inc., and Casella Waste Systems.

 
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​According to the latest report by IMARC Group, titled “Bioadhesive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global bioadhesive market size reached US$ 1985.3 Million in 2018. Bioadhesives are naturally occurring polymeric materials with adhesive properties. They also include glues that are manufactured using biological intermediates such as starch. Bioadhesives are widely utilized to bind materials together and resist their separation under any circumstances. They find extensive application in the healthcare industry as surgical bioadhesives, which act as an appropriate substitute for surgical sutures, and in the paper and packaging sector as a sustainable packaging solution.

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Global Bioadhesive Market Trends:

The market for bioadhesive is primarily driven by the numerous advantages associated with their utilization across diversified verticals. For instance, bioadhesives are widely employed in the healthcare industry, owing to their biocompatible properties. Some of their clinical applications include transdermal drug delivery, skin bonded monitoring devices, and wound care dressing. Furthermore, in industries such as paper and packaging, construction, and food, bioadhesives are preferred for their eco-friendly properties. With growing environmental consciousness and rising awareness regarding the adverse effects of synthetic adhesives, there is a growing inclination toward the use of bioadhesives across the globe. Moreover, stringent environmental regulations by governments of various countries, along with favorable efforts by both the private and public sectors for encouraging the use of bio-based products, are further creating a positive outlook for the market. On account of the aforementioned factors, the market is expected to reach a value of US$ 4282.9 Million by 2024, growing at a CAGR of 13.40% during 2019-2024.

Explore full report with table of contents: https://www.imarcgroup.com/bioadhesive-market

Insights on Market Segmentation:

Breakup by Type:

1. Plant-Based

2. Animal-Based

On the basis of type, the market has been divided into plant-based and animal-based bioadhesives.

Breakup by End-Use:

1. Paper and Packaging

2. Construction

3. Wood

4. Personal Care

5. Healthcare

6. Others

Based on the end use, paper and packaging exhibit a clear dominance in the market. Other major segments include construction, wood, personal care, healthcare and others.

Breakup by Region:

1. Europe

2. North America

3. Asia Pacific

4. Middle East and Africa

5. Latin America

On the geographical front, Europe holds the leading position in the market. Other major regions include North America, Asia Pacific, Middle East and Africa, and Latin America.

Competitive Landscape:

The competitive landscape of the market has also been analyzed in the report, with the detailed profiles of the key players operating in the market. Some of these include Henkel Corporation, Dow Chemical Company, Ashland, Inc., Adhesives Research, Inc., and EcoSynthetix.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​According to the latest report by IMARC Group titled, “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a volume of 962 Million Sq. Metres in 2018, growing at a CAGR of 2% during 2011-2018. Looking forward, the market is expected to reach a volume of 1,040.5 Million Sq. Metres by 2024.

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Laminate flooring refers to a synthetic product which consists of multiple layers fused with a lamination process. Its upper layer is made up of melamine and aluminum oxide which holds up scratches, dents, fading and stains, providing a moisture resistant surface to the flooring. In recent years, laminate flooring has gained popularity since it is relatively inexpensive than traditional hardwood flooring and can be installed on nearly any type of subfloor, like concrete or even pre-existing vinyl floors. 

Laminate floorings are durable; easy to clean; and resistant to scratches, moisture, and wear and tear. In addition to this, they even have the ability to replicate different flooring materials such as wood, marble and tiles. Besides this, the increasing role of laminate floorings in enhancing the physical appearance of homes and other spaces has driven the demand for laminate floorings across the globe. Apart from this, rapid urbanization and industrialization, and changing lifestyles of consumers have led to increasing construction activities, particularly in the developing nations. Owing to this, leading manufacturers introduced products with advanced features and properties, such as custom prints and designs, enhanced locking mechanisms, high-quality visuals and improved chemical resistance. These factors are favorably influencing the growth of the global laminate flooring market. 

Key Market Segmentation:

Breakup by Key Types

• HDF Laminates
• MDF Laminates

For more information about this report visit: https://www.imarcgroup.com/laminate-flooring-market

Breakup by Sector 

• Residential
• Commercial

Regional Insights
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Competitive Landscape

The report has also examined the competitive landscape of global laminate flooring market. Some of the major players in the market are Mohawk Industries Inc., Tarkett, Armstrong World Industries, Inc., Shaw Industries, Inc., Mannington Mills, Inc. and Beaulieu International Group.

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure 
• Profiles of Key Players

Browse Related Reports:

GCC Flooring Market Report and Forecast 2019

Medium-Density Fibreboard (MDF) Market Report and Forecast 2019

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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As per the latest report by IMARC Group, entitled “Green Building Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global green building materials market size reached US$ 223.1 Billion in 2018. Green building materials serve as eco-friendly alternatives to conventionally used construction materials. Wood, straw bales, bamboo, hempcrete, recycled plastic, ferrock, stone, ashcrete, timbercrete and mycelium are some of the most commonly used green building materials. The aim of using these materials is to construct energy-efficient structures that aid in maintaining the ecological balance in nature. These materials are either naturally available, such as stone and wood, or are derived from natural resources, such as hempcrete, which is a concrete-like material produced from the woody inner fibers of the hemp plant.

Global Green Building Materials Market Trends:

A thriving construction industry across the globe, especially in emerging economies, is one of the major factors that is influencing the sales of these materials. Owing to the rising awareness about the deteriorating environmental conditions among the masses, there has been an increase in the construction of green buildings across both residential and commercial sectors as people are now more inclined toward a sustainable way of living. Additionally, the abundant and easy availability of essential green building materials such as thatch, mud and clay significantly reduces the overall operational and maintenance cost of these buildings. Moreover, since green buildings aid in addressing various environmental issues such as atmospheric pollution and changing climatic conditions, governments of several countries are introducing policies and undertaking initiatives to encourage their construction. For instance, the Government of the United Kingdom has adopted the Building Research Establishment Environmental Assessment Method (BREEAM) rating system for green buildings. Such rating and certification systems are expected to promote the benefits of green construction, thus creating a positive outlook for the market. On account of the aforementioned factors, the global green building materials market value is anticipated to reach US$ 432.5 Billion by 2024, expanding at a CAGR of 11.7% during 2019-2024.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/green-building-materials-market

Insights on Market Segmentation:

Market Breakup by Application:

1. Insulation

2. Roofing

3. Framing

4. Interior Finishing

5. Exterior Siding

6. Others

On the basis of the application, insulation exhibits a clear dominance in the market, followed by roofing, framing, interior finishing, exterior siding and others.

Market Breakup by Region:

1. Europe

2. North America

3. Asia Pacific

4. Middle East and Africa

5. Latin America

On the geographical front, the market has been categorized into Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, North America accounts for the majority of the total market share.

Competitive Landscape:

The competitive landscape of the market has also been examined in the report with some of the major players operating in the market being Alumasc Group Plc, Bauder Limited, Binderholz GmbH, CertainTeed Corporation; RedBuilt, LLC; PPG Industries, DuPont, Forbo International SA, Interface Inc., Kingspan Group plc, Lafarge, BASF SE, Owens Corning and National Fiber.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​The global laminate flooring market has experienced a steady growth over the past few years. This can be accredited to the rising urbanisation along with the technological developments and introduction of innovative product designs by the manufacturers.

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Laminate flooring refers to a durable and versatile flooring solution made of melamine resin and fibreboard materials. It is composed of four layers, namely wear layer, design layer, core layer and back layer, which are fused together using intense heat and pressure. Laminate flooring is relatively inexpensive as compared to engineered wood, solid hardwood, and stone floor coverings. As it can replicate stone, tiles as well as wood patterns, the demand for laminate flooring has been escalating in the recent years. A new research report by IMARC Group, titled “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global laminate flooring market reached a volume of more than 968 Million Sq. Metres in 2017, registering a CAGR of 3% during the year 2010-2017. The report further anticipates the market to reach a volume of 1,136 Million Sq. Metres by 2023.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/laminate-flooring-market

Market Drivers/Constraints:

• With rising population and improving standards of living, there has been an increase in the demand for modern housing, particularly in the emerging nations, which have significantly contributed to the growth of the market.
• The advancements in the designing and printing technology and the introduction of innovative product designs by the manufacturers are some of the other growth-inducing factors propelling the global laminate flooring market.
• Laminate flooring ensures ease of installation and reduces the requirement of skilled labour as opposed to the other flooring materials. This has favourably impacted the growth of the laminate flooring market globally.
• The price volatility of the raw materials of laminate flooring and their availability can pose a major challenge to the laminate flooring manufacturers.

Insights on Market Segmentation:

Performance of Key Types:

1. HDF Laminates

2. MDF Laminates

On the basis of product type, the market has been segmented into HDF and MDF laminates. Currently, MDF laminates represent the most popular product type in the laminate flooring market, accounting for the largest share.

Performance by Sector:

1. Residential

2. Commercial

Based on sector, the report finds that the commercial sector dominates the market, holding the majority of the market share. Laminate flooring is extensively used in this sector as it is cost-effective, requires low-maintenance and has the ability to withstand high traffic. It is followed by the residential sector.

Performance of Key Regions:

1. Asia Pacific

2. North America

3. Europe

4. Latin America

5. Middle East and Africa

On a geographical front, Asia-Pacific enjoys the leading position in the global laminate flooring market. The growing spending capacity, rapid urbanisation, and increasing number of housing projects are driving the market across the region. Other major regions include North America, Europe, Latin America, and Middle East and Africa.

Competitive Landscape:

The laminate flooring industry is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of price and quality. Some of the leading players operating in the market are:

• Mohawk Industries Inc.
• Tarkett
• Armstrong World Industries, Inc.
• Shaw Industries, Inc.
• Mannington Mills, Inc.
• Beaulieu International Group

Related reports:

Hardwood Flooring Market: https://www.imarcgroup.com/hardwood-flooring-market

Vinyl Flooring Market: https://www.imarcgroup.com/vinyl-flooring-market

​IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​The global neodymium-iron-boron magnet market has been witnessing a positive growth. This can be accredited to the surge in the energy harvesting sector along with the ever-increasing environmental concerns.

Neodymium-iron-boron magnets (NdFeB) are a type of permanent magnets made from an alloy of neodymium, iron and boron. They require a protective surface coating as a result of their lower Curie temperature and tendency to undergo oxidation. However, their high magnetic strength and energy efficiency makes NdFeB magnets ideal for applications where compact yet strong permanent magnets are required. A new research report by IMARC Group, titled “Neodymium-Iron-Boron Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth US$ 11.3 Billion in 2017. The report further anticipates the market to cross US$ 17 Billion by 2023, at a projected CAGR of more than 7% over the forecast period.

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Global Neodymium-Iron-Boron Magnet Market Drivers/Constraints:

• The growing demand for high magnetic strength and miniaturization of equipment in existing and emerging applications is majorly driving the global market for NdFeB magnets.
• The government initiatives to stimulate the use of green technologies so as to decrease the greenhouse gas emissions is expected to drive the growth of the global NdFeB magnet market.
• Some of the other factors propelling the demand for NdFeB magnets include their increasing and wide-ranging applications in sectors such as defence, automotive, medical, electronic, industrial, etc.; limited substitutes; flourishing end-use industries; etc.
• The high cost, low Curie temperature and propensity to undergo oxidation represent the major constraints to the applications of NdFeB magnets.

Application Insights:
On the basis of applications, the motors and generators sector is the largest consumer of NdFeB magnets, followed by HDD/CD/DVD, transportation, energy production and storage, transducers, and drives, clutches and braking. Motors and generators dominate the market as they are used in wind turbines and improve the energy output at slower wind speed, thereby, reducing energy wastage and making them energy efficient. 

Regional Insights:
Country-wise, China enjoys a leading position in the global NdFeB magnet market on account of the high demand for these magnets from the major end-user industries in the region. China also has a monopoly on the raw materials used to produce these magnets which facilitates the production of these magnets in the country. It is followed by Japan, Europe and others.

Competitive Landscape:
The market is highly fragmented with the presence of various small and large manufacturers who compete in terms of volume and revenue. As China provides a secure and economical supply of the major raw materials, most of the rare earth magnets manufacturers are based in the country.

Browse related reports:

Ferrite Magnet Market Research Report 2018-2023

Samarium Cobalt Magnets Market Research Report 2018-2023

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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A form of rare earth magnets, samarium cobalt (SmCo) magnets are made of an alloy of cobalt and samarium. These magnets exhibit optimal thermal stability, high corrosion resistance and high magnetic strength as compared to neodymium (NdFeB) magnets. In addition to this, samarium cobalt magnets require proper handling owing to their brittle nature and need to be stored in atmosphere with mild temperatures as they are highly susceptible to cracking. A new research report by IMARC Group, titled “Samarium Cobalt Magnets Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2018-2023”, estimates that the market reached a value of US$ 462 Million in 2017.

Read full report with TOC: https://www.imarcgroup.com/prefeasibility-report-samarium-cobalt-magnet-manufacturing-plant

Global Samarium Cobalt Magnets Market Drivers/Constraints:

• These magnets are essentially used in various military weapon along with electrical systems in aircrafts for generating power. This is one of the major factors which is driving the growth of the market.
• Owing to their high working temperature, samarium cobalt magnets are being increasingly utilised for the applications of aerospace and military. This is another factor which is positively influencing the market growth.
• There has been a rise in the demand for miniaturisation of equipment and high magnetic strength in emerging and existing applications. This has highly contributed towards an augmented demand for samarium cobalt magnets across the globe.
• However, these magnets are costlier than ferrite magnets and have to be handled with care owing to their brittle nature. This, in turn, has hindered the growth of the market.

Application Insights:
Samarium cobalt magnets are currently being used across various sectors. Defence sector represents the largest application segment, holding the majority of the market share. This can be attributed to the higher curie temperature of samarium cobalt magnet, which is considered ideal for high-field strength. Defence sector is followed by aerospace, motors and actuators, electronics and medical devices.

Regional Insights:
On a geographical front, China enjoys a leading position in the global samarium cobalt magnets market owing to the easily available raw materials which are required to produce samarium cobalt magnets. Other major markets include the United States and Europe.

Competitive Landscape:
The market is fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

• Ningbo NGYC (Ninggang Permanent Magnetic) Materials Co. Ltd.   
• Ningbo Ketian   
• Arnold Magnetic Technologies   
• ADAMS Magnetic Products   
• Bunting   
• Eclipse Magnetics   
• Hangzhou Permanent Magnet Group (HPMG)   
• Thomas & Skinner Inc.

Browse related report:

Rare Earth Magnet Market Research Report: https://www.imarcgroup.com/rare-earth-magnet-manufacturing-plant

Neodymium-Iron-Boron Magnet Market Research Report: https://www.imarcgroup.com/neodymium-iron-boron-magnet-manufacturing-plant

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