Global Injected Plastic-Bonded Magnet Assemblies Market Growth 2025-2031

The global Injected Plastic-Bonded Magnet Assemblies market size is predicted to grow from US$ 579 million in 2025 to US$ 806 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.

Injected plastic-bonded magnet assemblies are high-precision magnetic components manufactured by combining magnetic materials (such as NdFeB or ferrite powder) with thermoplastic polymers through injection molding. This process allows for the production of complex geometries with excellent dimensional stability and mechanical strength. Compared to traditional sintered or bonded magnets, injected magnet assemblies offer greater design flexibility, enabling the integration of multiple functions, such as metal inserts, gears, or motor components, reducing assembly steps and improving production efficiency. Additionally, they exhibit good corrosion resistance and environmental durability, making them suitable for applications in the automotive, motor, consumer electronics, and medical industries.

The market for injected plastic-bonded magnet assemblies is currently in a stable growth phase, driven primarily by increasing demand from industries such as electronics, electric vehicles, industrial automation, and consumer electronics. Due to their superior performance in complex shapes and multifunctional integration, more manufacturers are adopting these magnets as an alternative to traditional sintered and bonded magnets. Additionally, stricter environmental regulations and the pursuit of lightweight and high-efficiency materials have further accelerated their adoption across various applications. However, the market still faces challenges related to raw material supply chain fluctuations and cost management, particularly due to the price volatility of rare earth materials.

In the future, the application scope of injected plastic-bonded magnet assemblies is expected to expand further, especially in sectors such as new energy vehicles, 5G communication devices, smart home products, and wearable technology. With continuous advancements in technology, manufacturing processes will become more refined, and the performance of magnetic materials will continue to improve to meet the demand for higher efficiency, miniaturization, and durability. Moreover, companies in the industry are intensifying R&D efforts to reduce dependence on rare earth materials and explore alternative solutions such as ferrite or composite magnetic materials. Meanwhile, global supply chain adjustments are underway, as manufacturers seek more stable supply channels and localized production models to mitigate risks arising from geopolitical and economic fluctuations.

The key drivers of market growth include the ongoing expansion of downstream industries, cost optimization through technological advancements, and sustainability policies promoting high-performance magnetic materials. Additionally, the increasing adoption of automation in production processes and the demand for high-precision manufacturing further stimulate market demand. However, the industry still faces challenges such as supply constraints of critical materials, the complexity of manufacturing processes, and the reluctance of certain traditional industries to adopt new materials. Furthermore, as market competition intensifies, companies must continuously innovate to enhance product value while optimizing production efficiency and cost management to maintain competitiveness.

LP Information, Inc. (LPI) ' newest research report, the “Injected Plastic-Bonded Magnet Assemblies Industry Forecast” looks at past sales and reviews total world Injected Plastic-Bonded Magnet Assemblies sales in 2024, providing a comprehensive analysis by region and market sector of projected Injected Plastic-Bonded Magnet Assemblies sales for 2025 through 2031. With Injected Plastic-Bonded Magnet Assemblies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Injected Plastic-Bonded Magnet Assemblies industry.

This Insight Report provides a comprehensive analysis of the global Injected Plastic-Bonded Magnet Assemblies landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Injected Plastic-Bonded Magnet Assemblies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Injected Plastic-Bonded Magnet Assemblies market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Injected Plastic-Bonded Magnet Assemblies and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Injected Plastic-Bonded Magnet Assemblies.

This report presents a comprehensive overview, market shares, and growth opportunities of Injected Plastic-Bonded Magnet Assemblies market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Ferrite
NdFeB
SmCo
Others

Segmentation by Application:
Electronic Product
Auto Industry
Smart Furniture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Arnold Magnetic Technologies
Daido Electronics
Max Baermann
Mate
Toda Kogyo
Tokyo Ferrite
Bomatec AG
IMA
Sura Magnets
MS-Schramberg
Evitron
Magnetfabrik Bonn
Kolektor
Hengdian Group DMEGC Magnetics
JL Mag Rare-Earth
Beijing Zhong Ke San Huan
Ningbo Yunsheng
Galaxy Magnets
Advanced Technology & Materials
Hangzhou Kede Magnetic
Magsuper (Dongguan)
Pinghu Geor Chi Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Injected Plastic-Bonded Magnet Assemblies market?

What factors are driving Injected Plastic-Bonded Magnet Assemblies market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Injected Plastic-Bonded Magnet Assemblies market opportunities vary by end market size?

How does Injected Plastic-Bonded Magnet Assemblies break out by Type, by Application?

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