About Magnetic Foil
Magnetic foils are plastic-bonded, flexible and permanent magnetic and produced in various widths and thicknesses. Numerous filling levels, powder qualities and production processes mean that foils with various magnetic and mechanical properties can be produced. Moreover, a magnetic foil can serve as a visual advertisement carrier. Potential graphics can be applied using screen printing, off-set or self-sticking foil and it always depends on the colours required and a motif that is to be applied on the foil. Self-adhesive magnetic foil does not assist as a magnetic board for magnet fastening and to be used this way, iron content is too low.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key players of magnetic foil are focusing on strategic partnerships and new product launches to improve their products and services and also focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Magnetic Foil market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arnold Magnetic Technologies (United States), Maurer Magnetic AG (Switzerland), Goudsmit Magnetics Group (Netherlands), RHEINMAGNET Horst Baermann GmbH (Germany), Adams Magnetic Products Co. (United States), Beta LAYOUT Ltd. (Ireland), Reade International Corp. (United States) and Beloh Magnetsysteme GmbH & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Thorlabs Inc. (United States), Eagle Magnetic Company, Inc. (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Magnetic Foil market by , Application (Arts & Crafts, Automotive and Others) and Region.
On the basis of geography, the market of Magnetic Foil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Coating Type, the sub-segment i.e. PVC White will boost the Magnetic Foil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Magnetic Foil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Format Size, the sub-segment i.e. A3 will boost the Magnetic Foil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Developments in Magnetic Foil
Market Growth Drivers:
Growing Automotive Industry and Rising Demand from End-Use Industry
Challenges:
Lack of Adoption Rate in Developing Nations
Restraints:
High Cost of Magnetic Foil
Opportunities:
Increasing Demand from Emerging Markets
Market Leaders and their expansionary development strategies
In March 2021, Arnold Magnetic Technologies Corporation, a subsidiary of Compass Diversified and a leading global manufacturer of high-performance magnets, magnetic assemblies, precision thin metals, and highly loaded composites announced that it has acquired Ramco Electric Motors, Inc., a manufacturer of stators, rotors, and full electric motors. The financial terms of the transaction were not disclosed.
In July 2022, Towards autonomous prediction and synthesis of novel magnetic materials, Tokyo University of Science researchers develop an efficient integrated materials synthesis system for automatic and faster discovery of new functional magnetic materials.
Key Target Audience
Manufacturers of Magnetic Foil, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Magnetic Foil, Automotive Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.