Bonded Magnet Market size was valued at US$ 2.41 Bn. in 2022. Automotive Application is expected to dominate the post COVID era for Bonded Magnet Market.

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Bonded Magnet Market Report Scope and Research Methodology :

The analysis is based on in-depth research and data collection, utilizing a variety of sources and methods to provide a comprehensive overview of the Bonded Magnet Market.

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Bonded Magnet Market Dynamics:

  • The growing use of bonded magnets in the automotive industry, driven by their lightweight features, is expected to fuel market expansion.
  • High-performance magnets, such as rare-earth materials, are driving growth in industries like electric vehicles, wind turbines, and electronics.
  • Bonded magnets find extensive applications in electronic devices, including microphones, headphones, speakers, cell phones, printers, and hard drives, contributing to market growth.
  • Bonded magnets offer a cost-effective alternative to sintered magnets, and their demand remains high, even during the pandemic.
  • According to the International Magnetics Association (IMA), bonded magnets accounted for 65% of HDD and SSD manufacturing in 2022, despite lockdown restraints in the APAC region.
  • Bonded magnets have gained significance in data storage, particularly in hard disc drives (HDDs), which consume substantial quantities of neodymium (NdFeB) bonded magnets annually.

Bonded Magnet Market Regional Insights:

  • Europe dominates the Global Perfume and Fragrance market, projected to hold the largest market share by 2029.
  • Rising disposable income and heightened personal hygiene awareness contribute to Europe’s growth.
  • Asia Pacific is expected to grow rapidly, driven by countries like China, Japan, and South Korea.
  • Pocket perfumes gain popularity in the region.

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Bonded Magnet Market Segmentation:

by Product Type

• Ferrite Magnets
• Rare Earth Magnets
o NdFeB
o SmCo
• Others (Alnico, SmFeN, Hybrids)

by Application

• Sensors
• Level Gauges
• Motors
• Instrument Panels
• Fuel Filters
• HDD (Hard Disk Drives)
• Copier Rotors

Bonded Magnet Market Key Players: 

• Alliance LLC
• Advanced Technology & Materials Co., Ltd.
• Xiamen Yuxiang Magnetic Materials Technology Co. Ltd
• Allstar Magnetics
• Arnold Magnetic Technologies.
• VACUUMSCHMELZE GmbH & Co. KG
• Neo Magnequench
• Stanford Magnets
• Hitachi, Ltd.
• Magnequench International, LLC
• Viona Magnetics.
• DEXTER MAGNETIC TECHNOLOGIES.
• Evitron.
• MS-Schramberg GmbH & Co. KG
• RHEINMAGNET Horst Baermann GmbH.
• Stanford Magnets

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report  :   https://www.maximizemarketresearch.com/market-report/global-bonded-magnet-market/63482/ 

Table of content for the Bonded Magnet Market includes: 

  1. Global Bonded Magnet Market: Research Methodology 
  1. Global Bonded Magnet Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry
  1. Global Bonded Magnet Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size and Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by growth and trend
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

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