Bonded Magnet Industry Witnessed Growth At 7.8% CAGR From 2022 To 2032

The bonded magnet market refers to the global industry that produces and sells bonded magnets, which are made by combining magnetic powder with a polymer binder. These magnets are used in a wide range of applications, including automotive, aerospace, medical, and consumer electronics.

The market for bonded magnets has been growing steadily in recent years, driven by the increasing demand for energy-efficient and environmentally friendly technologies. The use of bonded magnets in electric motors, generators, and other devices has become increasingly common, as they offer several advantages over traditional magnets, such as higher energy density, lower weight, and improved thermal stability.  The Asia-Pacific region is expected to account for the largest share of the market, owing to the growing demand for electric vehicles and renewable energy sources in countries such as China and India. Key players in the bonded magnet market include companies such as Hitachi Metals, Ltd., Arnold Magnetic Technologies Corporation, Daido Steel Co., Ltd., and VACUUMSCHMELZE GmbH & Co. KG. These companies are focusing on developing new and innovative products to meet the growing demand for bonded magnets in various industries.

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Key findings of the Bonded Magnet market study:

• The report provides a present market outlook on Bonded Magnet. Additionally, the Bonded Magnet market share is anticipated to grow with a CAGR of 7.8% in the forecast period.
• Regional breakdown of the Bonded Magnet market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Bonded Magnet vendors in detail.
• Region-wise and country-wise fragmentation of the Bonded Magnet market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Bonded Magnet market.
• Bonded Magnet price, market share, and Trends forecast for assessment period 2022-2032

Competitive landscape analysis

The market survey conducted by fact.mr offers key developments and challenges affecting the pharmaceutical industry, subsequently influencing demand and sales in the Bonded Magnet market. To study competitive trends across the industry, the report profiles some of the leading players operating in the Bonded Magnet market including

• TDK Corporation
• Hitachi Metals, Ltd.
• Ningbo Yunsheng Co. Ltd.,
• Advanced Technology Materials Co. Ltd.
• Magnequench International, LLC
• SDM Magnetics Co., Ltd.
• Ningbo Newland Magnet Industry Co., Ltd.
• Arnold Magnetic Technologies,
• Mate Co., Ltd.
• Evitron Sp. z o.o.
• MMC Magnetics Corp
• RHEINMAGNET Horst Baermann GmbH.
• Dura Magnetics, Inc.
• Adams Magnetic Products
• National Imports, LLC
• Super Magnet Co., Ltd.
• Galaxy Magnets
• Daido Electronics Co., Ltd.
• Shanghai San Huan Magnetics Co., Ltd.
• MP Material
• Other Key Players

Report benefits & key questions answered

• Bonded Magnet historical market outlook: the market intelligence survey report discloses the demand and sales projections of Bonded Magnet over the last forecast period 2016 to 2020.
• Post impact of covid on the Bonded Magnet market: the pharmaceutical industry has been largely influenced by covid-19 pandemic. The fact.mr market survey assesses how current trends that will influence expenditure on Bonded Magnet, thus affecting the market growth.
• Bonded Magnet market trend analysis: the report provides in-depth overview of the past, recent, and upcoming trends in the Bonded Magnet market to assist the businesses to formulate their strategies for expansion.
• Bonded Magnet category & segment level analysis: fact.mr’s category & segment level analysis provides insights into Bonded Magnet sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level.
• Bonded Magnet company & brand share analysis: the report discloses the competitiveness of the Bonded Magnet market and highlights the market share captured by tier 1, tier 2, and tier 3 players operating in the landscape.

Bonded Magnet Industry Research by Segments

·         Bonded Magnet Market by Product Type:

• • Rare Earth Magnets
    • NdFeB
    • SmCo
  • Bonded Ferrite Magnets
  • Others

·         Bonded Magnet Market by Process Type:

• • Injection Molded Bonded Magnets
  • Compression Bonded Magnets
  • Calendaring Bonded Magnets
  • Extrusion Bonded Magnets

·         Bonded Magnet Market by Application:

• • Sensors
  • Motors
  • Hard Disk Drives
  • Level Gauges
  • Instrument Panels
  • Copier Rotors
  • Fuel Filters
  • Magnetic Couplings

·         Bonded Magnet Market by End Use:

• • Automotive
  • HVAC Equipment
  • Medical Devices
  • Cameras
  • Consumer Electronic Appliances
  • Computers and Magnetic Storage Devices
  • Electrical Equipment
  • Measurement Instruments
  • Printer and Copiers

·         Bonded Magnet Market by Region:

• • North America Bonded Magnet Market
  • Latin America Bonded Magnet Market
  • Europe Bonded Magnet Market
  • East Asia Bonded Magnet Market
  • South Asia & Oceania Bonded Magnet Market
  • MEA Bonded Magnet Market