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.

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

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Table of content for the Bonded Magnet Market includes: 

1. Global Bonded Magnet Market: Research Methodology

2. 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

3. 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

4. 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

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