Alnico Permanent Magnet market in Asia-Pacific is estimated to reach $741.4 million by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Alnico Permanent Magnet market in Asia-Pacific is
  estimated to reach 741.4 million by 2018

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• The Alnico Permanent Magnet market in
  Asia-Pacific is estimated to reach 741.4 million
  by 2018, at a CAGR of 44.7 from 2013 to 2018.
• The Alnico Permanent Magnet Market in
  Asia-Pacific report defines and segments the
  concerned market in Asia-Pacific with analysis
  and forecast of revenue.
• They are preferred for applications in
  automotive, aerospace, and military sensors, MRI
  scanners, electric motors, switches,
  loudspeakers, headphones, magnetic pump
  couplings, and others due to its high temperature
  stability, strength, and durability.

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Browse through the market data tables, figures
and detailed ToC on the Asia-Pacifics Alnico
Permanent Magnet Market . http//www.micromarket
monitor.com/market/asia-pacific-alnico-magnets-575
8680275.html

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• The Asia-Pacific region is the leader in
  consuming alnico permanent magnets but they are
  growing on an average CAGR.
• Open economies such as Hong Kong, which are
  extremely vulnerable to economic headwinds, are
  already observing a deceleration in their
  external trade growth in the review period.
• The alnico permanent magnets market in
  Asia-Pacific is bound to grow significantly with
  the increasing infrastructure expenditure. Key
  countries in the market are China and India.

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• The demand for automobiles is expected to
  increase in the Asia-Pacific especially in China
  and India, due to high economic development in
  these countries.
• The automotive market, especially Asia-Pacific is
  expected to drive the demand for alnico magnets.
• The report covers the Asia-Pacifics Alnico
  Permanent Magnet market which is segmented on the
  basis of applications and regions.
• The market is applied in consumer electronics,
  automotive industry, medical technology,
  environment and Energy, aerospace defense,
  industrial machinery.

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• Alnico magnets are made of alloys of aluminum,
  nickel, and cobalt. Moreover, these magnets
  contain additional alloys such as iron, copper,
  titanium, and other elements to improve the heat
  treatment in magnetic properties.
• These magnets are manufactured using both cast
  and sintered processes. Sintered alnico magnets
  possess higher mechanical strength, but have a
  lower magnetic force compared to cast alnico.

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