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Global Bonded Magnets Market to reach USD 2.36 Billion by 2027

Global Bonded Magnets Market Size study, by Process Type (Injection Molded Bonded Magnets, Compression Bonded Magnets, Calendaring Bonded Magnets and Extrusion Bonded Magnets), by Product Type (Rare earth magnets, ferrite magnets and Others), by End user Industry (Automotive, HVAC Equipment, Medical devices, Cameras, Consumer Electronic Appliances, Electrical Equipment and others), Application (Sensors, Motors, Level gauges, instruments panels, copier rotors, fuel filters, magnetic coupling and hard disk drivers) and Regional Forecasts 2020-2027

Product Code: CAMAM_24101476
Publish Date: 26-12-2020
Page: 200

Global Bonded Magnets Market is valued approximately at USD 1.80 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.60% over the forecast period 2020-2027. Bonded magnets are magnets produced by combining magnetic powders and polymeric materials such as plastics, rubbers, and elastomers. Injection molding, calendaring, extrusion and compressing bonding are the process opted for the manufacturing of bonded magnets. Various magnetic powders are used for production of bonded magnets called NdFeB, SmCo, ferrite, and/or combination of all. These bonded magnets are gaining larger demand in electronic vehicles due to their magnetic performance and they also help in reducing carbon emission. Thus, rapid growth in production & sale of electric vehicle across the globe is propelling the growth of market over the forecast years. For instance, according to the International Energy Agency (IEA) 2019, the global electric car deployment has been growing rapidly over the past ten years, the global stock of electric passenger vehicle cars was passed by 5 Billion in 2018 with an increase of 63% from 2017. It was found that over 45% of electric cars on China’s road in 2018 that is 2.3 Billion compared to 39% in 2017. Similarly, Europe accounted for 24% of global electric cars and United States with 22% in 2018. In addition, growing demand from aerospace and medical devices sector is the factor propelling the growth of market. However, global spread of Novel coronavirus in the emerging economies such as India, China and south Korea is highly affecting the growth of market over the forecast years.

The regional analysis of the global Bonded Magnets market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing demand for electric vehicle in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as high availability of raw materials especially rare earth material is the factor creating a lucrative opportunity for the growth of the cancer vaccine market in the Asia-Pacific region.

Major market player included in this report are:
Allstar Magnetics
Neo Magnequench
Arnold Magnetic Technologies
Alliance LLC
Viona Magnetics
Stanford Magnets
Xiamen Yuxiang Magnetic Materials
Advanced Technology Materials

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Process Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Process Type:
Injection Molded Bonded Magnets
Compression Bonded Magnets
Calendaring Bonded Magnets
Extrusion Bonded Magnets

By Product Type:
Rare Earth Magnets
Ferrite Magnets

By End user Industry:
HVAC Equipment
Medical devices
Consumer Electronic Appliances
Electrical Equipment

By Application:
Level Gauges
Instruments Panels
Copier Rotors
Fuel Filters
Magnetic Couplings
Hard Disk Drives

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Bonded Magnets Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Bonded Magnets Market, by Region, 2018-2027 (USD Billion)
1.2.2. Bonded Magnets Market, by Process Type, 2018-2027 (USD Billion)
1.2.3. Bonded Magnets Market, by Product type, 2018-2027 (USD Billion)
1.2.4. Bonded Magnets Market, by End use industries, 2018-2027 (USD Billion)
1.2.5. Bonded Magnets Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bonded Magnets Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bonded Magnets Market Dynamics
3.1. Bonded Magnets Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Bonded Magnets Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Bonded Magnets Market, by Process Type
5.1. Market Snapshot
5.2. Global Bonded Magnets Market by Process Type, Performance – Potential Analysis
5.3. Global Bonded Magnets Market Estimates & Forecasts by Process Type 2017-2027 (USD Billion)
5.4. Bonded Magnets Market, Sub Segment Analysis
5.4.1. Injection Molded Bonded Magnets
5.4.2. Compression Bonded Magnets
5.4.3. Calendaring Bonded Magnets
5.4.4. Extrusion Bonded Magnets
Chapter 6. Global Bonded Magnets Market, by Product type
6.1. Market Snapshot
6.2. Global Bonded Magnets Market by Product type, Performance – Potential Analysis
6.3. Global Bonded Magnets Market Estimates & Forecasts by Product type 2017-2027 (USD Billion)
6.4. Bonded Magnets Market, Sub Segment Analysis
6.4.1. Rare Earth Magnets
6.4.2. Ferrite Magnets
6.4.3. Others
Chapter 7. Global Bonded Magnets Market, by End use industries
7.1. Market Snapshot
7.2. Global Bonded Magnets Market by End use industries, Performance – Potential Analysis
7.3. Global Bonded Magnets Market Estimates & Forecasts by End use industries 2017-2027 (USD Billion)
7.4. Bonded Magnets Market, Sub Segment Analysis
7.4.1. Automotive
7.4.2. HVAC Equipment
7.4.3. Medical devices
7.4.4. Cameras
7.4.5. Consumer Electronic Appliances
7.4.6. Electrical Equipment
7.4.7. Others
Chapter 8. Global Bonded Magnets Market, by Application
8.1. Market Snapshot
8.2. Global Bonded Magnets Market by Application, Performance – Potential Analysis
8.3. Global Bonded Magnets Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
8.4. Bonded Magnets Market, Sub Segment Analysis
8.4.1. Sensors
8.4.2. Motors
8.4.3. Level Gauges
8.4.4. Instruments Panels
8.4.5. Copier Rotors
8.4.6. Fuel Filters
8.4.7. Magnetic Couplings
8.4.8. Hard Disk Drives
Chapter 9. Global Bonded Magnets Market, Regional Analysis
9.1. Bonded Magnets Market, Regional Market Snapshot
9.2. North America Bonded Magnets Market
9.2.1. U.S. Bonded Magnets Market Process Type breakdown estimates & forecasts, 2017-2027 Product type breakdown estimates & forecasts, 2017-2027 End use industries breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Bonded Magnets Market
9.3. Europe Bonded Magnets Market Snapshot
9.3.1. U.K. Bonded Magnets Market
9.3.2. Germany Bonded Magnets Market
9.3.3. France Bonded Magnets Market
9.3.4. Spain Bonded Magnets Market
9.3.5. Italy Bonded Magnets Market
9.3.6. Rest of Europe Bonded Magnets Market
9.4. Asia-Pacific Bonded Magnets Market Snapshot
9.4.1. China Bonded Magnets Market
9.4.2. India Bonded Magnets Market
9.4.3. Japan Bonded Magnets Market
9.4.4. Australia Bonded Magnets Market
9.4.5. South Korea Bonded Magnets Market
9.4.6. Rest of Asia Pacific Bonded Magnets Market
9.5. Latin America Bonded Magnets Market Snapshot
9.5.1. Brazil Bonded Magnets Market
9.5.2. Mexico Bonded Magnets Market
9.6. Rest of The World Bonded Magnets Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Allstar Magnetics Key Information Overview Financial (Subject to Data Availability) Process Type Summary Recent Developments
10.2.2. Neo Magnequench
10.2.3. Arnold Magnetic Technologies
10.2.4. Alliance LLC
10.2.5. Viona Magnetics
10.2.6. Stanford Magnets
10.2.8. Xiamen Yuxiang Magnetic Materials
10.2.9. Advanced Technology Materials
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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