Product Code: ETC008031 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Sri Lanka rare earth magnets market is expected to grow at a CAGR of 6.3% during the forecast period (2020-2026). Increasing demand for rare earth magnets in automotive, industrial and consumer electronics applications is expected to drive market growth during the forecast period. Additionally, increasing investments by leading players in research and development activities aimed at expanding product portfolios are also influencing market growth positively.
Furthermore, growing adoption of renewable energy sources such as wind turbines and solar power plants is driving the demand for powerful permanent magnets which require higher coercivity than traditional neodymium iron boron (NdFeB) permanent magnets used mainly in motors and generators. This factor has resulted in an increase in demand for more efficient rare earth magnet materials due to their superior chemical stability, temperature stability, corrosion resistance, and magnetic properties compared to other available alternatives like alnico or ferrite materials. Moreover, stringent government regulations regarding emission control standards have further fueled the need for high strength permanent magnet material that can be used as part of starters within hybrid vehicles or electric vehicles which has been identified as one of key growth drivers for this market over near future.
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 Sri Lanka Rare Earth Magnets Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Rare Earth Magnets Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Rare Earth Magnets Market - Industry Life Cycle |
3.4 Sri Lanka Rare Earth Magnets Market - Porter's Five Forces |
3.5 Sri Lanka Rare Earth Magnets Market Revenues & Volume Share, By Magnet Type, 2019 & 2026F |
3.6 Sri Lanka Rare Earth Magnets Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Sri Lanka Rare Earth Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Rare Earth Magnets Market Trends |
6 Sri Lanka Rare Earth Magnets Market, By Types |
6.1 Sri Lanka Rare Earth Magnets Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By Magnet Type, 2016 - 2026F |
6.1.3 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By NdFeB, 2016 - 2026F |
6.1.4 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By SmCo, 2016 - 2026F |
6.1.5 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By SmFeN, 2016 - 2026F |
6.2 Sri Lanka Rare Earth Magnets Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By Automotive Motors, 2016 - 2026F |
6.2.3 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By Industrial Motors, 2016 - 2026F |
6.2.4 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By HDD, CD, DVD, 2016 - 2026F |
6.2.5 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By Electric Bicycles, 2016 - 2026F |
6.2.6 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By Transducers and Loudspeakers, 2016 - 2026F |
6.2.7 Sri Lanka Rare Earth Magnets Market Revenues & Volume, By Others, 2016 - 2026F |
7 Sri Lanka Rare Earth Magnets Market Import-Export Trade Statistics |
7.1 Sri Lanka Rare Earth Magnets Market Export to Major Countries |
7.2 Sri Lanka Rare Earth Magnets Market Imports from Major Countries |
8 Sri Lanka Rare Earth Magnets Market Key Performance Indicators |
9 Sri Lanka Rare Earth Magnets Market - Opportunity Assessment |
9.1 Sri Lanka Rare Earth Magnets Market Opportunity Assessment, By Magnet Type, 2019 & 2026F |
9.2 Sri Lanka Rare Earth Magnets Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Sri Lanka Rare Earth Magnets Market - Competitive Landscape |
10.1 Sri Lanka Rare Earth Magnets Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Rare Earth Magnets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |