| Product Code: ETC4655481 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s magnetic materials import market continues to thrive in 2024, with China, Germany, UK, Denmark, and Sweden dominating as the top exporting countries. Despite the high concentration levels indicated by the HHI, the industry has shown significant growth with a CAGR of 17.07% from 2020 to 2024. The impressive growth rate of 10.01% from 2023 to 2024 demonstrates a positive outlook for the market, indicating sustained demand and strong trade relationships with key exporting nations.

By 2027, the Magnetic Materials market in Norway is anticipated to reach a growth rate of 4.40%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Magnetic Materials Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Magnetic Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Magnetic Materials Market - Industry Life Cycle |
3.4 Norway Magnetic Materials Market - Porter's Five Forces |
3.5 Norway Magnetic Materials Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Norway Magnetic Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Norway Magnetic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles and renewable energy sources driving the use of magnetic materials. |
4.2.2 Technological advancements leading to the development of high-performance magnetic materials. |
4.2.3 Government initiatives promoting the adoption of sustainable technologies and materials. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the cost of production. |
4.3.2 Competition from alternative materials affecting the market growth. |
4.3.3 Environmental regulations influencing the production and usage of magnetic materials. |
5 Norway Magnetic Materials Market Trends |
6 Norway Magnetic Materials Market Segmentations |
6.1 Norway Magnetic Materials Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Norway Magnetic Materials Market Revenues & Volume, By Semi-hard Magnet, 2021-2031F |
6.1.3 Norway Magnetic Materials Market Revenues & Volume, By Soft Magnet, 2021-2031F |
6.1.4 Norway Magnetic Materials Market Revenues & Volume, By Hard Magnet, 2021-2031F |
6.2 Norway Magnetic Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Norway Magnetic Materials Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Norway Magnetic Materials Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.4 Norway Magnetic Materials Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Norway Magnetic Materials Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Norway Magnetic Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Magnetic Materials Market Import-Export Trade Statistics |
7.1 Norway Magnetic Materials Market Export to Major Countries |
7.2 Norway Magnetic Materials Market Imports from Major Countries |
8 Norway Magnetic Materials Market Key Performance Indicators |
8.1 Percentage of RD investment in the development of innovative magnetic materials. |
8.2 Adoption rate of magnetic materials in key industries such as automotive, electronics, and energy. |
8.3 Percentage of energy consumption sourced from renewable energy in Norway. |
9 Norway Magnetic Materials Market - Opportunity Assessment |
9.1 Norway Magnetic Materials Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Norway Magnetic Materials Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Norway Magnetic Materials Market - Competitive Landscape |
10.1 Norway Magnetic Materials Market Revenue Share, By Companies, 2024 |
10.2 Norway Magnetic Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |