GLOBAL EV MAGNETIC COATING MARKET

INTRODUCTION

A Magnetic coating is a covering that is applied to the surface of an object, usually referred to as thesubstrate. The purpose of applying the coating may be decorative, functional, or both.Coatings may be applied asliquids,gasesorsolidse.g.Powder coatings. 

Magnetic Coating applications are diverse and serve many purposes, Coatings can be both decorative and have other functions. Most magnetic coatings to some extent protect the substrate, such as maintenance coatings for metals and concrete. 

A decorative coating can offer a particular reflective property such as high gloss, satin or flat/matt appearance. A major coating application is to protect metal from corrosion.

This use includes preserving machinery, equipment and structures.Most automobiles are made of metal. The body and underbody are typically coated.Anticorrosion coatings may use graphene in combination with water-based epoxies.

Nickel coating is the most commonly used on the surface ofNeodymiumor Rare Earth magnets. 3 layers in total, of nickel then copper and a final layer of nickel encase the Magnetic material to create a smooth, shiny finish and give conditional protection to the alloy compound inside.

Nickel coatings are suitable for indoor use and for applications requiring low friction or good response to shear forces. Nickel coatings do not have long term resistance to moisture exposure or marine environments.

GLOBAL EV MAGNETIC COATING MARKET SIZE AND FORECAST

The Global EV Magnetic coating market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

ASG Develops ZINC Coating 

Zinc coatings offer higher resistance to corrosion than Nickel coatings and so are ideal for prolonged exposure to water or for outdoor use.

Zinc coatings have a silvery matte or dull patina and over time will develop an oxidised protective barrier between the magnetic material and the environment, reducing corrosion and increasing the magnets longevity.

Zinc also provides high resistance to abrasion and scratching. Zinc coated Neodymium magnets are used in motors and the Automotive industry.

Zinc coatings are smooth and aesthetically attractive and commonly used in art, fashion, decorative and advertising displays.

As a thin extra layer over the standard Nickel coat, Zinc coatings are slightly more expensive. Zinc is very conductive material and also has excellent water resistant properties.

Zinc coatings are not resistant to abrasion or scratching so should not be exposed to these environments. Jewellery makers and therapeutic health practitioners also find them appealing alternatives to nickel for their Zinc surface.

COMPANY PROFILE

• ASG
• Ameetuff
• Magfine
• CJ Magnet
• Sanbros

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV Magnetic coating are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Magnetic coating and key vendor selection criteria
3. Where is the EV Magnetic coating manufactured? What is the average margin per unit?
4. Market share of Global EV Magnetic coating market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV Magnetic coating in-house
6. key predictions for next 5 years in Global EV Magnetic coating market
7. Average B-2-B EV Magnetic coating market price in all segments
8. Latest trends in EV Magnetic coating market, by every market segment
9. The market size (both volume and value) of the EV Magnetic coating market in 2023-2030 and every year in between?
10. Production breakup of EV Magnetic coating market, by suppliers and their OEM relationship