Bonded Magnet Market
Bonded Magnet Market Analysis by Product Type (Rare Earth Magnets, Bonded Ferrite Magnets), by Process Type (Injection Molded, Compression, Calendaring, Extrusion Bonded Magnets), by Application (Sensors, Motors, Hard Disk Drives, Level Gauges), by End Use & Regional Forecast 2022 to 2032
Analysis of Bonded Magnet market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bonded Magnet Market Outlook (2022 to 2032)
The global bonded magnet market is estimated at US$ 5.1 Billion in 2022, and is forecast to reach a valuation of US$ 10.9 Billion by 2032, expanding at an impressive CAGR of 7.8% from 2022 to 2032.
Worldwide sales of bonded magnets account for around 14% share of the total market valuation of the global magnet market, which is projected to increase at a CAGR of 6.9% over the forecast period of 2022 to 2032.
Report Attributes | Details |
---|---|
Bonded Magnet Market Size (2021A) | US$ 4.7 Billion |
Estimated Year Value (2022E) | US$ 5.1 Billion |
Projected Market Value (2032F) | US$ 10.9 Bn |
Global Market Growth Rate (2022 to 2032) | 7.8% CAGR |
East Asia Market Share (2021) | ~40.3% |
East Asia Growth Rate (2022 to 2032) | 8.8% CAGR |
Collective Value Share (USA, China, Germany, and India) (2021): Top 4 Countries | ~53% |
Market Share of Top 5 Companies (2021) | ~26% |
Key Companies Profiled | 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 |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
2017 to 2021 Global Bonded Magnet Market Outlook in Comparison to 2022 to 2032 Growth Forecast
Historically, the bonded magnet industry witnessed growth at 4.2% CAGR from 2017 to 2021. The market for bonded magnets generated an absolute dollar opportunity of nearly US$ 1.3 Billion over this time period. It is expected to offer an absolute dollar opportunity of US$ 2.6 Billion and US$ 4.1 Billion in the mid-term (2022 to 27) and long-term (2022 to 2032), respectively.
The European bonded magnet market holds the second position in the global bonded magnet business, and is anticipated to gain 109 BPS at a CAGR of 7.3%.
The South Asia & Oceania bonded magnet market has observed notable growth in the last half-decade. It has increased its market share significantly and is likely to expand at a CAGR of 7.9% over the assessment period.
Increase in investments across different end-use industries due to rising customer demand for e-vehicles, mobiles, etc., has been noted in the recent past, which is poised to provide lucrative opportunities to manufacturers for bonded magnet production.
As a large chunk of end-use industries are located in Asian countries, the South Asia & Oceania market for bonded magnets is likely to gain around 15 BPS and offer an absolute dollar opportunity of nearly US$ 914 Mn during 2022 to 2032.
Based on product type, the rare earth magnets segment is one of the significant market shareholders. It holds nearly 1/3 market share and is likely to surge at a CAGR of 8.9% during the forecast period.
Fact.MR - a market research and competitive intelligence provider, projects the global bonded magnet market to experience growth at 7.8% CAGR during 2022 to 2032.
Which Market Trends are Set to Be Favorable for Bonded Magnet Suppliers?
“Green Energy Technologies to Create Sustainable Demand”
Bonded magnets are widely used to generate energy. As a result of global warming, many regions are determined to outfit their energy supplies using green energy sources. According to the Global Wind Energy Council, there is 743 GW of wind power capacity around the world, which is likely to result in the prevention of close to 1.1 Bn tons of CO2 emissions globally.
Thus, wind energy and solar energy have gained momentum. To produce energy, wind farms of large scale need to have effective turbines. These windmills consist of in-built motors that are made of NdFeB (neodymium iron boron magnets). Thus, an increase in the usage of bonded magnets in green energy technologies to generate energy is expected to drive market growth over the coming years.
“Increasing Electrification of Vehicles to Pave the Way for Manufacturers”
Over the coming years, the electric vehicle industry will have a chance to adapt to the rising and evolving demands of stakeholders, driven by its strong operational foundations in numerous countries.
For instance, electric vehicle sales have grown 65% during 2017 to 2021. In 2019, vehicle units sold increased to US$ 2.3 Mn, from US$ 2.1 Bn, accounting for Y-O-Y growth of 9%. Equally sobering, sales of EVs declined by over 25% in 2021.
Furthermore, Chinese bonded magnet manufacturers are also gradually joining JVs worldwide in various locations. Smaller companies with promising deposits have succeeded in steadily drawing greater attention to those who wish to broaden their product portfolios. These factors and targeted segmental investments made by various developed and developing economies, and will bolster demand for bonded magnets.
“Wind Turbines Driving Unit Sales of Bonded Magnets”
Wind is considered a substantial source of affordable renewable energy that presently contributes to 5% of the worldwide electricity demand. Technological advancement for more efficient and reliable bonded magnets makes wind turbines more cost-effective.
As the focus on climate change rises, numerous regions are realizing green strategies and quickly turning to clean energy technologies. This is leading to a surge in the demand for materials such as rare earth magnets used to complete the setup of wind turbines.
The European Commission has already recognized some of these components as critical raw materials. Heavy investments towards the production and installation of wind turbines is likely to increase the sales of bonded magnets across regions.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
What Might Dent Demand Growth of Bonded Magnet Manufacturers?
“Inconsistency in Semiconductor Demand to Create Setback”
Global shortage of semiconductors that started in late 2020 has interrupted supply chains around the globe, disturbing the production of everything from phones and cars to home appliances.
The bonded magnet industry has been watching closely as this unfolds; both, rare earth magnets and ferrite type magnets form critical supply chains that power the high-tech economy, and is a topic of intense inspection by governments looking to shore up provisions as a matter of national security.
The industry is extremely dependent on China, as the country has been a leading player, holding a prominent share in the global market. Moreover, tariffs are also applied to almost all materials and industrial goods, which are customary for semiconductor chips. Thus, such an inconsistency in semiconductor demand is acting as one of the key restricting factors to market progress.
Country-wise Insights
What is the North America Bonded Magnet Business Scenario?
The North American bonded magnet market is a prominent shareholder in the global landscape. It has created tremendous growth opportunities in the last few years and has accounted for high bonded magnet consumption. This is due to increased investments in technology and higher consumer spending on cell phones and electronic vehicles in the region.
Overall, the bonded magnet market in North America is likely to see evolution with rising consumer inclination towards electronic products. It is projected to lose nearly 121 BPS and offer US$ 686 Mn opportunity by the end of 2032.
Which Region Accounts for Higher Demand for Bonded Magnets?
The Asia Pacific region has been bifurcated into two sub-regions - East Asia and South Asia & Oceania bonded magnet trade. The East Asia bonded magnet market is the largest from a manufacturing as well as consumption perspective. It holds nearly 2/5 market share of the global bonded magnet business.
The Chinese bonded magnet market accounts for 3/4 of the East Asian market in 2022. It is set to create an absolute $ opportunity of around US$ 2.3 Bn during 2022 & 2032.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Insights
Which Process Type of Bonded Magnet is The Largest Market Contributor?
To offer a detailed analysis into the pattern of demand for bonded magnets, the market is categorized based on process type. It includes compression bonded magnets, injection molded bonded magnets, extrusion bonded magnets, calendaring bonded magnets, etc.
Calendaring bonded magnets are largely adopted by market players, owing to which, this segment has dominate the global market with more than 2/3 market share.
Further, calendaring bonded magnets are expected to continue their dominance over the forecast period; in terms of value, the segment is slated to reach a valuation of US$ 6.8 Bn by the end of 2032, surging at a CAGR of 8.3%.
Which Application is Majorly Driving Growth of the Bonded Magnet Market?
Bonded magnets enjoy prominence in numerous applications such as sensors, motors, hard disk drives, level gauges, instrument panels, copier rotors, fuel filters, etc. Owing to this, demand for bonded magnets is continuously gaining traction.
Further, sensors and motors are the foremost segments in which bonded magnets have been used on a large scale. Increasing demand for vehicles is creating a need for motors and sensors, which are likely to drive demand for bonded magnets.
The sensors segment is projected to surge at a CAGR of 9% and hold around 1/4 of total market valuation for bonded magnets during the forecast period.
Competitive Landscape: Top Companies in Bonded Magnet Market
The global bonded magnet market is moderately consolidated in nature. There exist big players in the market with huge financial muscle and distribution networks spread across the globe. Key global players account for 15% to 20% of the market share, whereas, other small- and medium-sized players account for 80% to 85%.
Key companies have adopted various strategies such as mergers & acquisitions, partnerships, etc., to upscale their growth. New product development is a key strategy that bonded magnet suppliers are resorting to expand their market presence among consumers.
Fact.MR has provided detailed information about price points of top manufacturers of bonded magnet positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- On 2nd March 2021, Arnold Magnetic Technologies acquired Ramco Electric Motors Company. This acquisition will further advance the company’s strategic priorities to deliver engineered solutions and new materials that empower customers to develop next-generation technologies.
- In 2020, Ningbo Newland Magnet Industry Co. Ltd. launched a type of bonded magnet that can be used with 5G technology, which ensures that ferrite and samarium-cobalt magnets should be able to provide the performance required in 5G applications.
Bonded Magnet Industry Research by Segments
-
By Product Type:
- Rare Earth Magnets
- NdFeB
- SmCo
- Bonded Ferrite Magnets
- Others
- Rare Earth Magnets
-
By Process Type:
- Injection Molded
- Compression
- Calendaring
- Extrusion
-
By Application:
- Sensors
- Motors
- Hard Disk Drives
- Level Gauges
- Instrument Panels
- Copier Rotors
- Fuel Filters
- Magnetic Couplings
-
By End Use:
- Automotive
- HVAC Equipment
- Medical Devices
- Cameras
- Consumer Electronic Appliances
- Computers and Magnetic Storage Devices
- Electrical Equipment
- Measurement Instruments
- Printer and Copiers
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundational Data Points
- 4. Key Success Factors
- 5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 6. Global Market - Pricing Analysis
- 7. Global Market Value (USD Billion) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
- 8.1. Rare Earth Magnets
- 8.1.1. NdFeB
- 8.1.2. SmCo
- 8.2. Ferrite
- 8.3. Others
- 8.1. Rare Earth Magnets
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Process Type
- 9.1. Injection Moulded Bonded Magnets
- 9.2. Compression Bonded Magnets
- 9.3. Calendaring Bonded Magnets
- 9.4. Extrusion Bonded Magnets
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 10.1. Sensors
- 10.2. Motors
- 10.3. Hard Disk Drives
- 10.4. Level Gauges
- 10.5. Instrument Panels
- 10.6. Copier Rotors
- 10.7. Fuel Filters
- 10.8. Magnetic Couplings
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
- 11.1. Automotive
- 11.2. HVAC Equipment
- 11.3. Medical Devices
- 11.4. Cameras
- 11.5. Consumer Electronic Appliances
- 11.6. Computers and Magnetic Storage Devices
- 11.7. Electrical Equipment
- 11.8. Measurement Instruments
- 11.9. Printer and Copiers
- 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia and Oceania
- 12.6. Middle East and Africa (MEA)
- 13. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. TDK Corporation
- 21.2. Hitachi Metals, Ltd.
- 21.3. Ningbo Yunsheng Co. Ltd.
- 21.4. Advanced Technology Materials Co. Ltd.
- 21.5. Magnequench International, LLC
- 21.6. SDM Magnetics Co., Ltd.
- 21.7. Ningbo Newland Magnet Industry Co., Ltd.
- 21.8. Arnold Magnetic Technologies
- 21.9. Mate Co., Ltd.
- 21.10. Evitron Sp. z o.o.
- 21.11. MMC Magnetics Corp
- 21.12. RHEINMAGNET Horst Baermann GmbH.
- 21.13. Dura Magnetics, Inc.
- 21.14. Adams Magnetic Products
- 21.15. National Imports, LLC
- 21.16. Super Magnet Co., Ltd.
- 21.17. Galaxy Magnets
- 21.18. Daido Electronics Co., Ltd.
- 21.19. Shanghai San Huan Magnetics Co., Ltd.
- 21.20. MP Material
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01- Global Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 02 - Global Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 03- Global Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 04 - Global Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 05- Global Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 06 - Global Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 07- Global Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 08 - Global Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
Table 09- Global Market Value (USD Billion) and Volume (Tons) By Region, 2017 to 2021
Table 10 - Global Market Value (USD Billion) and Volume (Tons) By Region, 2022 to 2032
Table 11- North America Market Value (USD Billion) and Volume (Tons) By Country, 2017 to 2021
Table 12 – North America Market Value (USD Billion) and Volume (Tons) By Country, 2022 to 2032
Table 13- North America Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 14 - North America Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 15- North America Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 16 - North America Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 17- North America Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 18 - North America Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 19- North America Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 20 - North America Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
Table 21- Latin America Market Value (USD Billion) and Volume (Tons) By Country, 2017 to 2021
Table 22 – Latin America Market Value (USD Billion) and Volume (Tons) By Country, 2022 to 2032
Table 23- Latin America Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 24 - Latin America Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 25- Latin America Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 26 - Latin America Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 27- Latin America Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 28 - Latin America Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 29- Latin America Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 30 - Latin America Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
Table 31- Europe Market Value (USD Billion) and Volume (Tons) By Country, 2017 to 2021
Table 32 – Europe Market Value (USD Billion) and Volume (Tons) By Country, 2022 to 2032
Table 33- Europe Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 34 - Europe Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 35- Europe Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 36 - Europe Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 37- Europe Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 38 - Europe Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 39- Europe Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 40 - Europe Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
Table 41- East Asia Market Value (USD Billion) and Volume (Tons) By Country, 2017 to 2021
Table 42 – East Asia Market Value (USD Billion) and Volume (Tons) By Country, 2022 to 2032
Table 43- East Asia Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 44 - East Asia Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 45- East Asia Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 46 - East Asia Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 47- East Asia Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 48 - East Asia Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 49- East Asia Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 50 - East Asia Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
Table 51- South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Country, 2017 to 2021
Table 52 – South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Country, 2022 to 2032
Table 53- South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 54 - South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 55- South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 56 - South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 57- South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 58 - South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 59- South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 60 - South Asia & Oceania Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
Table 61- Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Country, 2017 to 2021
Table 62 – Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Country, 2022 to 2032
Table 63- Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Product Type, 2017 to 2021
Table 64 - Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Product Type, 2022 to 2032
Table 65- Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Process Type, 2017 to 2021
Table 66 - Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Process Type, 2022 to 2032
Table 67- Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Application, 2017 to 2021
Table 68 - Middle East & Africa Market Value (USD Billion) and Volume (Tons) By Application, 2022 to 2032
Table 69- Middle East & Africa Market Value (USD Billion) and Volume (Tons) By End Use, 2017 to 2021
Table 70 - Middle East & Africa Market Value (USD Billion) and Volume (Tons) By End Use, 2022 to 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Volume (Tons) and Value (USD Billion) Analysis, 2017, 2022 and 2032
Figure 02: Global Market Pricing Analysis (US$/Kg) by Region, 2021
Figure 03: Global Market Pricing Analysis by Product Type Segment, 2021
Figure 04: Global Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 05: Global Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 06: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 07: Global Market Incremental $ Opportunity, 2022 to 2032
Figure 08: Global Market Share by Product Type – 2022 & 2032
Figure 10: Global Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 11: Global Market Value (USD Billion), Volume (Tons) and Forecast by Rare Earth Magnets, 2017 to 2032
Figure 12: Global Market Incremental $ Opportunity by Rare Earth Magnets, 2021 to 2032
Figure 14: Global Market Share by Rare Earth Magnets, 2022 & 2032
Figure 13: Global Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 15: Global Market Value (USD Billion), Volume (Tons) and Forecast by Ferrite, 2017 to 2032
Figure 16: Global Market Incremental $ Opportunity by Ferrite, 2021 to 2032
Figure 17: Global Market Value (USD Billion), Volume (Tons) and Forecast by Others, 2017 to 2032
Figure 18: Global Market Incremental $ Opportunity by Others, 2021 to 2032
Figure 19: Global Market Share by Process Type – 2022 & 2032
Figure 21: Global Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 20: Global Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 22: Global Market Value (USD Billion), Volume (Tons) and Forecast by Injection Molded Bonded Magnets, 2017 to 2032
Figure 23: Global Market Incremental $ Opportunity by Injection Molded Bonded Magnets, 2021 to 2032
Figure 24: Global Market Value (USD Billion), Volume (Tons) and Forecast by Compression Bonded Magnets, 2017 to 2032
Figure 25: Global Market Incremental $ Opportunity by Compression Bonded Magnets, 2021 to 2032
Figure 26: Global Market Value (USD Billion), Volume (Tons) and Forecast by Calendaring Bonded Magnets, 2017 to 2032
Figure 27: Global Market Incremental $ Opportunity by Calendaring Bonded Magnets, 2021 to 2032
Figure 28: Global Market Value (USD Billion), Volume (Tons) and Forecast by Extrusion Bonded Magnets, 2017 to 2032
Figure 29: Global Market Incremental $ Opportunity by Extrusion Bonded Magnets, 2021 to 2032
Figure 30: Global Market Share by Application – 2022 & 2032
Figure 32: Global Market Attractiveness Analysis by Application, 2022 to 2032
Figure 31: Global Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 33: Global Market Value (USD Billion), Volume (Tons) and Forecast by Sensors, 2017 to 2032
Figure 34: Global Market Incremental $ Opportunity by Sensors, 2021 to 2032
Figure 35: Global Market Value (USD Billion), Volume (Tons) and Forecast by Motors, 2017 to 2032
Figure 36: Global Market Incremental $ Opportunity by Motors, 2021 to 2032
Figure 37: Global Market Value (USD Billion), Volume (Tons) and Forecast by Hard Disk Drives, 2017 to 2032
Figure 38: Global Market Incremental $ Opportunity by Hard Disk Drives, 2021 to 2032
Figure 39: Global Market Value (USD Billion), Volume (Tons) and Forecast by Level Gauges, 2017 to 2032
Figure 40: Global Market Incremental $ Opportunity by Level Gauges, 2021 to 2032
Figure 41: Global Market Value (USD Billion), Volume (Tons) and Forecast by Instrument Panels, 2017 to 2032
Figure 42: Global Market Incremental $ Opportunity by Instrument Panels, 2021 to 2032
Figure 43: Global Market Value (USD Billion), Volume (Tons) and Forecast by Copier Rotors, 2017 to 2032
Figure 44: Global Market Incremental $ Opportunity by Copier Rotors, 2021 to 2032
Figure 45: Global Market Value (USD Billion), Volume (Tons) and Forecast by Fuel Filters, 2017 to 2032
Figure 46: Global Market Incremental $ Opportunity by Fuel Filters, 2021 to 2032
Figure 47: Global Market Value (USD Billion), Volume (Tons) and Forecast by Magnetic Couplings, 2017 to 2032
Figure 48: Global Market Incremental $ Opportunity by Magnetic Couplings, 2021 to 2032
Figure 49: Global Market Share by End Use – 2022 & 2032
Figure 51: Global Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 50: Global Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 52: Global Market Value (USD Billion), Volume (Tons) and Forecast by Automotive, 2017 to 2032
Figure 53: Global Market Incremental $ Opportunity by Automotive, 2021 to 2032
Figure 54: Global Market Value (USD Billion), Volume (Tons) and Forecast by HVAC Equipment, 2017 to 2032
Figure 55: Global Market Incremental $ Opportunity by HVAC Equipment, 2021 to 2032
Figure 56: Global Market Value (USD Billion), Volume (Tons) and Forecast by Medical Devices, 2017 to 2032
Figure 57: Global Market Incremental $ Opportunity by Medical Devices, 2021 to 2032
Figure 58: Global Market Value (USD Billion), Volume (Tons) and Forecast by Cameras, 2017 to 2032
Figure 59: Global Market Incremental $ Opportunity by Cameras, 2021 to 2032
Figure 60: Global Market Value (USD Billion), Volume (Tons) and Forecast by Consumer Electronic Appliances, 2017 to 2032
Figure 61: Global Market Incremental $ Opportunity by Consumer Electronic Appliances, 2021 to 2032
Figure 62: Global Market Value (USD Billion), Volume (Tons) and Forecast by Computers and Magnetic Storage Devices, 2017 to 2032
Figure 63: Global Market Incremental $ Opportunity by Computers and Magnetic Storage Devices, 2021 to 2032
Figure 64: Global Market Value (USD Billion), Volume (Tons) and Forecast by Electrical Equipment, 2017 to 2032
Figure 65: Global Market Incremental $ Opportunity by Electrical Equipment, 2021 to 2032
Figure 66: Global Market Value (USD Billion), Volume (Tons) and Forecast by Measurement Instruments, 2017 to 2032
Figure 67: Global Market Incremental $ Opportunity by Measurement Instruments, 2021 to 2032
Figure 68: Global Market Value (USD Billion), Volume (Tons) and Forecast by Printer and Copiers, 2017 to 2032
Figure 69: Global Market Incremental $ Opportunity by Printer and Copiers, 2021 to 2032
Figure 70: Global Market Share by Region– 2022 & 2032
Figure 72: Global Market Attractiveness Analysis by Region, 2022 to 2032
Figure 71: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032
Figure 74: North America Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 75: North America Market Incremental $ Opportunity, 2021 to 2032
Figure 73: North America Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 76: North America Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 77: North America Market Share by Country– 2022 & 2032
Figure 79: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78: North America Market Y-o-Y Growth Projections by Country, 2022 to 2032
Figure 80: North America Market Share by Product Type – 2022 & 2032
Figure 82: North America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 81: North America Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 84: North America Market Share by Rare Earth Magnets, 2022 & 2032
Figure 83: North America Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 85: North America Market Share by Process Type – 2022 & 2032
Figure 87: North America Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 86: North America Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 88: North America Market Share by Application – 2022 & 2032
Figure 90: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 89: North America Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 91: North America Market Share by End Use – 2022 & 2032
Figure 93: North America Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 92: North America Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 95: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 96: Latin America Market Incremental $ Opportunity, 2021 to 2032
Figure 94: Latin America Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 97: Latin America Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 98: Latin America Market Share by Country– 2022 & 2032
Figure 100: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 99: Latin America Market Y-o-Y Growth Projections by Country, 2022 to 2032
Figure 101: Latin America Market Share by Product Type – 2022 & 2032
Figure 103: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 102: Latin America Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 105: Latin America Market Share by Rare Earth Magnets, 2022 & 2032
Figure 104: Latin America Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 106: Latin America Market Share by Process Type – 2022 & 2032
Figure 108: Latin America Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 107: Latin America Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 109: Latin America Market Share by Application – 2022 & 2032
Figure 111: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 110: Latin America Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 112: Latin America Market Share by End Use – 2022 & 2032
Figure 114: Latin America Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 113: Latin America Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 116: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 117: Europe Market Incremental $ Opportunity, 2021 to 2032
Figure 115: Europe Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 118: Europe Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 119: Europe Market Share by Country– 2022 & 2032
Figure 121: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 120: Europe Market Y-o-Y Growth Projections by Country, 2022 to 2032
Figure 122: Europe Market Share by Product Type – 2022 & 2032
Figure 124: Europe Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 123: Europe Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 126: Europe Market Share by Rare Earth Magnets, 2022 & 2032
Figure 125: Europe Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 127: Europe Market Share by Process Type – 2022 & 2032
Figure 129: Europe Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 128: Europe Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 130: Europe Market Share by Application – 2022 & 2032
Figure 132: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 131: Europe Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 133: Europe Market Share by End Use – 2022 & 2032
Figure 135: Europe Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 134: Europe Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 137: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 138: East Asia Market Incremental $ Opportunity, 2021 to 2032
Figure 136: East Asia Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 139: East Asia Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 140: East Asia Market Share by Country– 2022 & 2032
Figure 142: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 141: East Asia Market Y-o-Y Growth Projections by Country, 2022 to 2032
Figure 143: East Asia Market Share by Product Type – 2022 & 2032
Figure 145: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 144: East Asia Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 147: East Asia Market Share by Rare Earth Magnets, 2022 & 2032
Figure 146: East Asia Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 148: East Asia Market Share by Process Type – 2022 & 2032
Figure 150: East Asia Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 149: East Asia Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 151: East Asia Market Share by Application – 2022 & 2032
Figure 152: East Asia Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 153: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 154: East Asia Market Share by End Use – 2022 & 2032
Figure 155: East Asia Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 156: East Asia Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 157: South Asia & Oceania Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 158: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 159: South Asia & Oceania Market Incremental $ Opportunity, 2021 to 2032
Figure 160: South Asia & Oceania Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 161: South Asia & Oceania Market Share by Country– 2022 & 2032
Figure 162: South Asia & Oceania Market Y-o-Y Growth Projections by Country, 2022 to 2032
Figure 163: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 164: South Asia & Oceania Market Share by Product Type – 2022 & 2032
Figure 165: South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 166: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 167: South Asia & Oceania Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 168: South Asia & Oceania Market Share by Rare Earth Magnets, 2022 & 2032
Figure 169: South Asia & Oceania Market Share by Process Type – 2022 & 2032
Figure 170: South Asia & Oceania Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 171: South Asia & Oceania Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 172: South Asia & Oceania Market Share by Application – 2022 & 2032
Figure 173: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 174: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 175: South Asia & Oceania Market Share by End Use – 2022 & 2032
Figure 176: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 177: South Asia & Oceania Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 178: Middle East & Africa Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2017 to 2021
Figure 179: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2018 to 2032
Figure 180: Middle East & Africa Market Incremental $ Opportunity, 2021 to 2032
Figure 181: Middle East & Africa Market Value (USD Billion), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 182: Middle East & Africa Market Share by Country– 2022 & 2032
Figure 183: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2022 to 2032
Figure 184: Middle East & Africa Market Attractiveness Analysis by Country, 2022 to 2032
Figure 185: Middle East & Africa Market Share by Product Type – 2022 & 2032
Figure 186: Middle East & Africa Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 187: Middle East & Africa Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 188: Middle East & Africa Market Attractiveness Analysis by Rare Earth Magnets, 2022 to 2032
Figure 189: Middle East & Africa Market Share by Rare Earth Magnets, 2022 & 2032
Figure 190: Middle East & Africa Market Share by Process Type – 2022 & 2032
Figure 191: Middle East & Africa Market Y-o-Y Growth Projections by Process Type, 2022 to 2032
Figure 192: Middle East & Africa Market Attractiveness Analysis by Process Type, 2022 to 2032
Figure 193: Middle East & Africa Market Share by Application – 2022 & 2032
Figure 194: Middle East & Africa Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 195: Middle East & Africa Market Attractiveness Analysis by Application, 2022 to 2032
Figure 196: Middle East & Africa Market Share by End Use – 2022 & 2032
Figure 197: Middle East & Africa Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 198: Middle East & Africa Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 199: US Market Analysis, 2017 to 2032
Figure 200: US Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 201: US Market Analysis by Product Type, 2022 to 2032
Figure 202: US Market Analysis by Process Type, 2022 to 2032
Figure 203: US Market Analysis by Application, 2022 to 2032
Figure 204: US Market Analysis by End Use, 2022 to 2032
Figure 205: China Market Analysis, 2017 to 2032
Figure 206: China Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 207: China Market Analysis by Product Type, 2022 to 2032
Figure 208: China Market Analysis by Process Type, 2022 to 2032
Figure 209: China Market Analysis by Application, 2022 to 2032
Figure 210: China Market Analysis by End Use, 2022 to 2032
Figure 211: Japan Market Analysis, 2017 to 2032
Figure 212: Japan Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 213: Japan Market Analysis by Product Type, 2022 to 2032
Figure 214: Japan Market Analysis by Process Type, 2022 to 2032
Figure 215: Japan Market Analysis by Application, 2022 to 2032
Figure 216: Japan Market Analysis by End Use, 2022 to 2032
Figure 217: South Korea Market Analysis, 2017 to 2032
Figure 218: South Korea Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 219: South Korea Market Analysis by Product Type, 2022 to 2032
Figure 220: South Korea Market Analysis by Process Type, 2022 to 2032
Figure 221: South Korea Market Analysis by Application, 2022 to 2032
Figure 222: South Korea Market Analysis by End Use, 2022 to 2032
Figure 223: Russia Market Analysis, 2017 to 2032
Figure 224: Russia Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 225: Russia Market Analysis by Product Type, 2022 to 2032
Figure 226: Russia Market Analysis by Process Type, 2022 to 2032
Figure 227: Russia Market Analysis by Application, 2022 to 2032
Figure 228: Russia Market Analysis by End Use, 2022 to 2032
Figure 229: U.K. Market Analysis, 2017 to 2032
Figure 230: U.K. Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 231: U.K. Market Analysis by Product Type, 2022 to 2032
Figure 232: U.K. Market Analysis by Process Type, 2022 to 2032
Figure 233: U.K. Market Analysis by Application, 2022 to 2032
Figure 234: U.K. Market Analysis by End Use, 2022 to 2032
Figure 235: Germany Market Analysis, 2017 to 2032
Figure 236: Germany Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 237: Germany Market Analysis by Product Type, 2022 to 2032
Figure 238: Germany Market Analysis by Process Type, 2022 to 2032
Figure 239: Germany Market Analysis by Application, 2022 to 2032
Figure 240: Germany Market Analysis by End Use, 2022 to 2032
Figure 241: India Market Analysis, 2017 to 2032
Figure 242: India Market Incremental Opportunity (USD Billion) and Forecast, 2021 to 2032
Figure 243: India Market Analysis by Product Type, 2022 to 2032
Figure 244: India Market Analysis by Process Type, 2022 to 2032
Figure 245: India Market Analysis by Application, 2022 to 2032
Figure 246: India Market Analysis by End Use, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global bonded magnet market size?
Market valuation for the global bonded magnet market is estimated to be worth over US$ 5.1 Billion in 2022.
What is the estimated value of the global market for bonded magnets?
The global bonded magnet market is forecast to reach US$ 10.9 Bn by 2032-end.
What was the last 5-year CAGR for the demand for bonded magnets?
During 2017-2021, global bonded magnet demand increased at 4.2% CAGR.
Who are the prominent manufacturers of bonded magnets?
Some of the prominent players in the bonded magnet market are TDK Corporation, Hitachi Metals, Ltd., Ningbo Yunsheng Co. Ltd., Advanced Technology Materials Co. Ltd., and Magnequench International.
Which is the leading regional market for bonded magnets?
East Asia is projected to lead the global bonded magnet market by accounting for around 40% market share in 2022.
What is the growth rate of the global market for bonded magnets?
Over the 2022-2032 period, sales of bonded magnets at set to surge at 7.8% CAGR.
Which end-use industry contributes highest share in bonded magnet sales?
The automotive industry contributed around 26% market share to global sales of bonded magnets in 2021.