Axalta Coating Systems has been lauded with a top innovation award for its Voltatex 7345 A ECO wire enamel that boosts the efficiency of electric motors, powertrains and energy storage systems in a sustainable manner. The 2024 BIG Innovation Award was presented by the Business Intelligence Group, it was one of two won by Axalta, the second for its Raptor flameproof coating. […]
Sinomag Technology, one of China’s largest producers of permanent magnet ferrite and soft magnetic products, has begun a new expansion to its sprawling production base and, also, recently received a key supplier award from Bosch. […]
The global market for permanent magnets is forecast to grow at a robust clip of more than 13.2% annually over the next five years, reaching a value of $56.7 billion in 2027, according to a […]
The global permanent magnet market is expected to grow about 12% annually and reach more than $46 billion in revenues in 2026, according to a new market research study. The analysts predict it will grow […]
Led by a decline in volume and revenues from its Magnequench magnetic materials segment, Neo Performance Materials saw revenues fall 10.3% in 2019, as the company reported in its year-end financials in March. Yet the company posted […]
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