Huge Prospects for the Rare Earth Magnets Industry

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Huge Prospects for the Rare Earth Magnets Industry
Published May 2015
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International Market Analysis Research
Consulting (IMARC). All Rights Reserved
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Huge Prospects for the Rare Earth Magnets
Industry Although alternate technologies are in
research and some already exist, rare earth
magnets are unlikely to be substituted as a major
input for green technologies and high efficiency
consumer and industrial devices. This provides a
huge opportunity for stakeholders who plan to
setup a rare earth magnet manufacturing
plant. Rare earth magnets are strong permanent
magnets made from the alloys of rare earth
elements producing magnetic fields stronger than
other magnets such as Ferrite, Alnico, etc.
Currently, there are two types of rare earth
magnets, namely, NdFeB and SmCo magnets.
According to IMARC Groups new report titled,
Rare Earth Magnet Manufacturing Plant Project
Report Industry Trends, Manufacturing Process,
Machinery, Raw Materials, Cost and Revenue, the
global market for rare earth magnets has grown at
a CAGR of 9 in the last 7 years. Of the two
types of rare earth magnets, NdFeB magnets
currently accounts for most of the total global
rare earth magnet volumes, with China being the
largest producer and consumer. A wide range of
applications have led to the growth of the rare
earth magnets industry, with motors and
generators accounting for majority of the total
global consumption. These magnets have brought
about a transformation in most modern technology.
One of the main forces driving the growth of the
rare earth magnets industry is the increasing
awareness of clean technology, with support from
governments across the world.  
Report Description and Highlights
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RARE EARTH MAGNET INDUSTRY
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• Some of the areas where the consumption of rare
  earth magnets is high are
• Small sized technology, such as the cell phones
  and laptop computers
• Defence industry, especially in cruise missiles,
  precision guided ammunitions, radar systems and
  reactive armours
• Green technology such as wind powered turbines
  and plug-in hybrid vehicles
• Magnetic refrigeration - an emerging technology
• Findings suggest that although alternate
  technologies are in research and some already
  exist, rare earth magnets are unlikely to be
  substituted as a major input for green
  technologies and high efficiency consumer and
  industrial devices. This provides a tremendous
  scope for anyone who plans to venture into
  setting up a plant for manufacturing rare earth
  magnets. Experts at IMARC Group have identified
  this opportunity and released their latest report
  titled, Rare Earth Magnet Manufacturing Plant
  Project Report Industry Trends, Manufacturing
  Process, Machinery, Raw Materials, Cost and
  Revenue. This report gives a comprehensive
  insight into all the aspects of setting up a rare
  earth magnet manufacturing plant. This report
  gives an insight into the viability of setting up
  a rare earth magnets manufacturing plant and
  answers some of the key questions that any
  investor may have while setting up such a plant.
  These include
• Global market trends
• Different types and applications of rare earth
  magnets
• Various types of unit operations involved
•  

Report Description and Highlights
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• Key success and risk factors
• Detailed process flow
• Land, location and site development
• Machinery required
• Raw material, utilities and manpower required
• Infrastructure and capital costs involved
• Operating costs
• Income and expenditure projections
• Cash flow analysis
• Time required to break-even
•  
• The report, which is based on both desk based
  research and multiple waves of primary research
  is a must read for anyone who plans to setup a
  rare earth magnets manufacturing plant.

Report Description and Highlights
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Report Description and Highlights
To buy the complete report or to get a free
sample, please contact IMARC Group
Asia Email apac_at_imarcgroup.comPhone
91-120-415-5099  IMARC Group North
America Email america_at_imarcgroup.comPhone
1-631-791-1145 IMARC Group Europe, Middle East
Africa Email ema_at_imarcgroup.comPhone
44-702-409-7331  To know more please visit
http//www.imarcgroup.com/rare-earth-magnet-manufa
cturing-plant  
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