Global Bonded Magnet Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
Description
According to our (Global Info Research) latest study, the global Bonded Magnet market size was valued at US$ 2418 million in 2025 and is forecast to a readjusted size of US$ 3703 million by 2032 with a CAGR of 6.3% during review period.
A bonded magnet is a type of magnetic material made by combining magnetic powder with a binding agent to form a solid structure. The binding agent, often made of plastics, epoxy resins, or other organic polymers, holds the magnetic powder together. Unlike traditional sintered magnets, bonded magnets do not require high-temperature sintering during production, which reduces manufacturing costs. They can be shaped into various complex forms through processes such as compression molding, injection molding, or extrusion. Bonded magnets are widely used in motors, sensors, magnetic tools, audio equipment, and other applications. Due to their favorable magnetic properties, light weight, and customizable shapes, bonded magnets are increasingly being adopted across multiple industries.
The magnetic performance of a bonded magnet depends largely on the type and distribution of the magnetic powder used. Common magnetic powders include neodymium-iron-boron (NdFeB) and ferrite (Fe2O3), which can be tailored to meet different application requirements. Bonded magnets offer advantages in controlling magnetic strength with higher resistance to corrosion and oxidation. Furthermore, they exhibit excellent mechanical properties, able to withstand certain external impacts, making them suitable for use in demanding environments. As technology continues to advance, the application range of bonded magnets is expanding, especially in precise electronic devices and automation control systems.
Based on market analysis, as of 2024 the global bonded magnets market had an annual output of approximately 150,000–200,000 tons, with a product-mix-weighted mainstream FOB price of about USD 12–20 per kilogram.
With the continuous advancement of emerging technologies, the bonded magnet market is showing a positive growth trend. Due to its low cost, ease of processing, and high flexibility, bonded magnets have become key materials in various industry sectors. In particular, the demand for bonded magnets continues to grow in industries such as electric vehicles, smart homes, wearable devices, and sensors, driving the rapid expansion of the market. Industry analysts widely believe that with the widespread adoption of consumer electronics and automation technologies, the applications of bonded magnets will further expand, becoming an essential component of future manufacturing and high-tech products. Furthermore, the magnetic properties of bonded magnets can be customized according to customer needs, which provides flexibility for their diversified use in different applications, further unlocking the market's potential.
However, the bonded magnet market also faces certain challenges and risks. First, due to the relatively complex production process of bonded magnets, the cost of raw materials and the technical requirements during production limit the production capacity of some companies. In addition, the increasing demand for high-performance magnets, particularly in the electric vehicle and new energy vehicle sectors, presents higher demands on existing bonded magnet production processes and technologies. Nevertheless, bonded magnets still hold significant market competitiveness due to their lower production costs and greater shape customization capabilities compared to traditional magnets, offering crucial advantages in the growing need for cost-effective and efficient manufacturing.
In terms of downstream demand trends, as various industries increasingly demand precision manufacturing and intelligent technologies, the application of bonded magnets in automation equipment and sensors will gradually expand. Especially in emerging markets like electric vehicles and smart homes, bonded magnets, with their excellent magnetic performance and adaptability, are becoming indispensable components in these sectors. Meanwhile, with the growing demand for environmentally friendly and energy-efficient products, bonded magnets are becoming a core material in many green technology solutions due to their high efficiency and low energy consumption. Industry analysts expect the bonded magnet market to continue expanding in the coming years, attracting more investment and technological advancements.
This report is a detailed and comprehensive analysis for global Bonded Magnet market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Bonded Magnet market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/kg), 2021-2032
Global Bonded Magnet market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/kg), 2021-2032
Global Bonded Magnet market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/kg), 2021-2032
Global Bonded Magnet market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Bonded Magnet
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Bonded Magnet market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Galaxy Magnets, Zhong Ke San Huan Hi-Tech, Daido Electronics, IMA Magnet, Ningbo Yunsheng, Arnold Magnetic Technologies, TDK, MS-Schramberg GmbH & Co. KG, DMEGC Magnetics, Jiangmen Magsource, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Bonded Magnet market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Bonded Ferrite Magnet
Bonded Rare Earth Magnet
Hybrid Bonded Magnet (NdFeB+Ferrite)
Market segment by Forming Process
Injection Molding
Compression Molding
Extrusion Molding
Others
Market segment by Binder Material
PA12 (Nylon 12)
PPS (Polyphenylene Sulfide)
Epoxy Resin
Others (PBT, Polyamide, etc.)
Market segment by End-Use Industry
Automotive
Consumer Electronics
Industrial Equipment
Others (Aerospace, Medical, Appliances)
Market segment by Application
Small Motors
Sensors
Actuators
Others
Major players covered
Galaxy Magnets
Zhong Ke San Huan Hi-Tech
Daido Electronics
IMA Magnet
Ningbo Yunsheng
Arnold Magnetic Technologies
TDK
MS-Schramberg GmbH & Co. KG
DMEGC Magnetics
Jiangmen Magsource
AT & M
Innuovo Magnetics
Magsuper
Earth-Panda
Goudsmit Magnetics
Alliance LLC
Dexter Magnetic Technologies
Magnet Applications (Bunting)
Magnequench (Neo Performance Materials)
BGRIMM Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bonded Magnet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bonded Magnet, with price, sales quantity, revenue, and global market share of Bonded Magnet from 2021 to 2026.
Chapter 3, the Bonded Magnet competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bonded Magnet breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Bonded Magnet market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bonded Magnet.
Chapter 14 and 15, to describe Bonded Magnet sales channel, distributors, customers, research findings and conclusion.
A bonded magnet is a type of magnetic material made by combining magnetic powder with a binding agent to form a solid structure. The binding agent, often made of plastics, epoxy resins, or other organic polymers, holds the magnetic powder together. Unlike traditional sintered magnets, bonded magnets do not require high-temperature sintering during production, which reduces manufacturing costs. They can be shaped into various complex forms through processes such as compression molding, injection molding, or extrusion. Bonded magnets are widely used in motors, sensors, magnetic tools, audio equipment, and other applications. Due to their favorable magnetic properties, light weight, and customizable shapes, bonded magnets are increasingly being adopted across multiple industries.
The magnetic performance of a bonded magnet depends largely on the type and distribution of the magnetic powder used. Common magnetic powders include neodymium-iron-boron (NdFeB) and ferrite (Fe2O3), which can be tailored to meet different application requirements. Bonded magnets offer advantages in controlling magnetic strength with higher resistance to corrosion and oxidation. Furthermore, they exhibit excellent mechanical properties, able to withstand certain external impacts, making them suitable for use in demanding environments. As technology continues to advance, the application range of bonded magnets is expanding, especially in precise electronic devices and automation control systems.
Based on market analysis, as of 2024 the global bonded magnets market had an annual output of approximately 150,000–200,000 tons, with a product-mix-weighted mainstream FOB price of about USD 12–20 per kilogram.
With the continuous advancement of emerging technologies, the bonded magnet market is showing a positive growth trend. Due to its low cost, ease of processing, and high flexibility, bonded magnets have become key materials in various industry sectors. In particular, the demand for bonded magnets continues to grow in industries such as electric vehicles, smart homes, wearable devices, and sensors, driving the rapid expansion of the market. Industry analysts widely believe that with the widespread adoption of consumer electronics and automation technologies, the applications of bonded magnets will further expand, becoming an essential component of future manufacturing and high-tech products. Furthermore, the magnetic properties of bonded magnets can be customized according to customer needs, which provides flexibility for their diversified use in different applications, further unlocking the market's potential.
However, the bonded magnet market also faces certain challenges and risks. First, due to the relatively complex production process of bonded magnets, the cost of raw materials and the technical requirements during production limit the production capacity of some companies. In addition, the increasing demand for high-performance magnets, particularly in the electric vehicle and new energy vehicle sectors, presents higher demands on existing bonded magnet production processes and technologies. Nevertheless, bonded magnets still hold significant market competitiveness due to their lower production costs and greater shape customization capabilities compared to traditional magnets, offering crucial advantages in the growing need for cost-effective and efficient manufacturing.
In terms of downstream demand trends, as various industries increasingly demand precision manufacturing and intelligent technologies, the application of bonded magnets in automation equipment and sensors will gradually expand. Especially in emerging markets like electric vehicles and smart homes, bonded magnets, with their excellent magnetic performance and adaptability, are becoming indispensable components in these sectors. Meanwhile, with the growing demand for environmentally friendly and energy-efficient products, bonded magnets are becoming a core material in many green technology solutions due to their high efficiency and low energy consumption. Industry analysts expect the bonded magnet market to continue expanding in the coming years, attracting more investment and technological advancements.
This report is a detailed and comprehensive analysis for global Bonded Magnet market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Bonded Magnet market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/kg), 2021-2032
Global Bonded Magnet market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/kg), 2021-2032
Global Bonded Magnet market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/kg), 2021-2032
Global Bonded Magnet market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Bonded Magnet
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Bonded Magnet market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Galaxy Magnets, Zhong Ke San Huan Hi-Tech, Daido Electronics, IMA Magnet, Ningbo Yunsheng, Arnold Magnetic Technologies, TDK, MS-Schramberg GmbH & Co. KG, DMEGC Magnetics, Jiangmen Magsource, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Bonded Magnet market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Bonded Ferrite Magnet
Bonded Rare Earth Magnet
Hybrid Bonded Magnet (NdFeB+Ferrite)
Market segment by Forming Process
Injection Molding
Compression Molding
Extrusion Molding
Others
Market segment by Binder Material
PA12 (Nylon 12)
PPS (Polyphenylene Sulfide)
Epoxy Resin
Others (PBT, Polyamide, etc.)
Market segment by End-Use Industry
Automotive
Consumer Electronics
Industrial Equipment
Others (Aerospace, Medical, Appliances)
Market segment by Application
Small Motors
Sensors
Actuators
Others
Major players covered
Galaxy Magnets
Zhong Ke San Huan Hi-Tech
Daido Electronics
IMA Magnet
Ningbo Yunsheng
Arnold Magnetic Technologies
TDK
MS-Schramberg GmbH & Co. KG
DMEGC Magnetics
Jiangmen Magsource
AT & M
Innuovo Magnetics
Magsuper
Earth-Panda
Goudsmit Magnetics
Alliance LLC
Dexter Magnetic Technologies
Magnet Applications (Bunting)
Magnequench (Neo Performance Materials)
BGRIMM Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bonded Magnet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bonded Magnet, with price, sales quantity, revenue, and global market share of Bonded Magnet from 2021 to 2026.
Chapter 3, the Bonded Magnet competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bonded Magnet breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Bonded Magnet market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bonded Magnet.
Chapter 14 and 15, to describe Bonded Magnet sales channel, distributors, customers, research findings and conclusion.
Table of Contents
129 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Bonded Magnet by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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