Test Tower for Futuristic Magnetic Elevators Nears Completion Elevators that can go up and sideways look set to be the way of the future thanks to German engineering firm ThyssenKrupp. ThyssenKrupp stated recently in a press release that after 10 months of construction they’ve almost finished building the exterior of a massive 761-foot concrete tower [...]
China Rare-earth Trafficking Out - Despite a two year campaign directed at cleaning the sector and removing all illegal operations, China has known that its rare earth industry still suffers seriously from pollution, smuggling as well as illegal mining. Rare earth elements provide lively functions in all modern day technologies, and China holds an almost [...]
Magnetic Materials Market by Type & by Application – Global Forecasts to 2020 The global magnetic materials market is projected to reach USD 96.00 Billion by 2020, registering a CAGR of 9.6% between 2015 and 2020. The growth of the market is primarily driven by the automotive industry. Automobile uses magnetic materials in various parts, [...]
Permanent Magnets Market To Grow From 2014 to 2020 According to the new report published by Grand View research, the global Permanent magnets market size will reach $31.18 billion by 2020, growing at CAGR of 9.7%, increasing use of the product in the manufacturing of various components including gearbox, alternators and motors increases functional efficiency [...]