In addition to this, samarium cobalt magnets are utilized in turbomachinery, traveling wave tube field magnets, and benchtop NMR spectrometers. Apart from this, these magnets are oxidative resistant and find extensive applications in high temperatures & extreme conditions. Global Samarium Cobalt Magnets Market: Growth Factors & Restraintsįavorable features of samarium cobalt magnets such as resistance to demagnetization and corrosion will prop up the growth of the global samarium cobalt magnet market. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis.Includes Tables and figures have been updated.Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023.Provide detailed chapter-by-chapter guidance on Request.About 200+ Pages Research Report (Including Recent Research).Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.Our Free Sample Report Consists of the Following: (A free sample of this report is available upon request please contact us for more information.) This can be made by aligning the crystal structure of samarium cobalt at the time of the production process.Ĭlick Here to Access Free Sample Report of the Global Samarium Cobalt Magnets Market Reportedly, samarium cobalt magnet demonstrates anisotropy, which means that samarium cobalt can be magnetized only in the axis of its magnetic orientation. Samarium cobalt magnet, which is a kind of rare earth magnet, is made up of two alloys, namely, samarium and cobalt. What are Samarium Cobalt Magnets? How big is the Samarium Cobalt Magnets Industry? “According to the latest research study, the demand of global Samarium Cobalt Magnets Market size & share in terms of revenue was valued at USD 15.5 billion in 2022 and it is expected to surpass around USD 19.9 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.7% during the forecast period 2023 to 2030.” NEW YORK, United States, (GLOBE NEWSWIRE) - Zion Market Research has published a new research report titled “Samarium Cobalt Magnets Market By Product Type (Cylinder, Ring, And Others), By Application (Industrial, Consumer Electronics, Medical Technology, Automotive, Aerospace & Defense, Environment & Energy, And Others), By End-User (Hospitals, Homecare, Specialty Clinics, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database. Zion Market Research Zion Market Research Ltd., Shin-Etsu Chemical Co., Ltd., ADAMS Magnetic Products Co., Inc., Eclipse Magnetics Ltd., Lynas Corporation, Ltd., and others. The key market players are listed in the report with their sales, revenues and strategies are Hangzhou Permanent Magnet Group (HPMG), Arnold Magnetic Technologies Corp., Ningbo Ketian Magnet Co., Ltd., Hitachi, Ltd., Molycorp Chemicals and Oxides, Ningbo NGYC (Ninggang Permanent Magnetic) Materials Co. Global Samarium Cobalt Magnets Market Size/Share Worth USD 19.9 Billion by 2030 at a 7.7% CAGR: Zion Market Research (Industrial Trends, Report, Analysis, Players, Outlook, Forecast, Growth, Value, Segmentation) According to Zion Market Research, the Global Samarium Cobalt Magnets Market size was worth at USD 15.5 billion in 2022 and is estimated to grow about USD 19.9 billion by 2030, at a CAGR of approximately 7.7% between 20.
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