The global Bonded Rare Earth Magnets market was valued at US$ 649.4 million in 2022 and is projected to reach US$ 796.8 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Generally, the Rare-earth Bonded Magnet is produced by molding compression of the compound NdFeB alloy powder with epoxy resin, also it can be made by injection or extrusion from NdFeB alloy powder mixed with plastic.
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They are mainly applied to sorts of mini-sized and special motors, such as spindle motor (HDD, CD-ROM and DVD), stepping motor, synchronous motor, DC motor and brushless motor, etc.
This report aims to provide a comprehensive presentation of the global market for Bonded Rare Earth Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bonded Rare Earth Magnets. This report contains market size and forecasts of Bonded Rare Earth Magnets in global, including the following market information:
Global Bonded Rare Earth Magnets Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Bonded Rare Earth Magnets Market Sales, 2018-2023, 2024-2032, (Kiloton)
Global top five Bonded Rare Earth Magnets companies in 2022 (%)
The global Rare-earth Bonded Magnet market is led by China capturing about 35% of global Rare-earth Bonded Magnet consumption. Japan is the second-largest region-wise market with 13% of production share.
At present, the major manufacturers of Rare-earth Bonded Magnet are Galaxy Magnetic, Shanghai San Huan Magnetics, Daido Electronics, Innuovo Magnetics, Yunsheng Company, AT&M, Magsuper, etc. Galaxy Magnetic is the world leader, holding 17% revenue market share.
In application, Rare-earth Bonded Magnet downstream is wide and recently Rare-earth Bonded Magnet has acquired increasing significance in various fields of High Efficiency Motors, Hybrid/Electric Vehicles and Hard Disk Drives and others. Globally, the Rare-earth Bonded Magnet market is mainly driven by growing demand for Hard Disk Drives which accounts for nearly 33% of total downstream consumption of Rare-earth Bonded Magnet.
We surveyed the Bonded Rare Earth Magnets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bonded Rare Earth Magnets Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Bonded Rare Earth Magnets Market Segment Percentages, by Type, 2022 (%)
Injection Molded Magnets
Compression Bonded Magnets
Global Bonded Rare Earth Magnets Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Bonded Rare Earth Magnets Market Segment Percentages, by Application, 2022 (%)
Automotive Industry
HHD
Consumer Electronics
Others
Global Bonded Rare Earth Magnets Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Bonded Rare Earth Magnets Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bonded Rare Earth Magnets revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bonded Rare Earth Magnets revenues share in global market, 2022 (%)
Key companies Bonded Rare Earth Magnets sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Bonded Rare Earth Magnets sales share in global market, 2022 (%)
Key players include:
Galaxy Magnets
Zhong Ke San Huan Hi-Tech
Daido Electronics
IMA
Ningbo Yunsheng
Arnold Magnetic Technologies
TDK
MS-Schramberg
DMEGC
Sen Long Corporation
Jiangmen Magsource
AT & M
Sura Magnets
Thyssenkrupp
Bomatec Group
Evitron
Bunting Magnetics
Goudsmit Magnetics
Sinomag
Eclipse Magnetics
SDM Magnetics
BINIC Magnet
Yuxiang Magnetic
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bonded Rare Earth Magnets, market overview.
Chapter 2: Global Bonded Rare Earth Magnets market size in revenue and volume.
Chapter 3: Detailed analysis of Bonded Rare Earth Magnets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bonded Rare Earth Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bonded Rare Earth Magnets capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Bonded Rare Earth Magnets Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Bonded Rare Earth Magnets Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Bonded Rare Earth Magnets Overall Market Size 2.1 Global Bonded Rare Earth Magnets Market Size: 2022 VS 2032 2.2 Global Bonded Rare Earth Magnets Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Bonded Rare Earth Magnets Sales: 2018-2032 3 Company Landscape 3.1 Top Bonded Rare Earth Magnets Players in Global Market 3.2 Top Global Bonded Rare Earth Magnets Companies Ranked by Revenue 3.3 Global Bonded Rare Earth Magnets Revenue by Companies 3.4 Global Bonded Rare Earth Magnets Sales by Companies 3.5 Global Bonded Rare Earth Magnets Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Bonded Rare Earth Magnets Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Bonded Rare Earth Magnets Product Type 3.8 Tier 1, Tier 2 and Tier 3 Bonded Rare Earth Magnets Players in Global Market 3.8.1 List of Global Tier 1 Bonded Rare Earth Magnets Companies 3.8.2 List of Global Tier 2 and Tier 3 Bonded Rare Earth Magnet
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