Global Injected Plastic-Bonded Magnets Market Growth 2025-2031

The global Injected Plastic-Bonded Magnets market size is predicted to grow from US$ 476 million in 2025 to US$ 674 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

Injected plastic-bonded magnets are a type of bonded magnet produced by mixing thermoplastic resin with magnetic powder, granulating the mixture, and then forming the final product through injection molding. Depending on the required magnetic properties and environmental conditions, different combinations of resin and magnetic powder can be used to meet specific application needs. Due to the injection molding process, these magnets can be designed into complex shapes and can also be directly molded together with other components to form integrated assemblies. They are widely used in applications such as automotive systems, motors, and sensors.

Injected plastic-bonded magnets are widely used in various industries, particularly in automotive, consumer electronics, motors, and sensors. Their high design flexibility, lightweight properties, and excellent dimensional stability make them an attractive alternative to traditional sintered and bonded magnets in certain applications. In recent years, the demand for injected plastic-bonded magnets has been steadily increasing due to the rising adoption of electric vehicles, power tools, miniaturized motors, and smart devices. However, the industry faces certain competitive barriers due to the complexity of manufacturing processes and the dependency on raw materials.

The future growth of the injected plastic-bonded magnet market will largely be driven by the rapid expansion of emerging applications such as electric vehicles, automation equipment, smart home devices, and wearable technology. Advancements in technology will play a crucial role in enhancing magnetic performance, reducing production costs, and improving material recyclability. Additionally, stricter environmental regulations are pushing the industry toward reducing reliance on rare-earth materials and developing eco-friendly magnet solutions. The integration of 3D printing and advanced composite materials could provide new breakthroughs in manufacturing, further expanding the application potential of injected plastic-bonded magnets.

Key drivers of market growth include technological advancements and expanding demand in downstream industries, continuous improvements in material engineering, and a more mature supply chain. The global shift toward efficiency, lightweight design, and sustainability is also encouraging more companies to adopt injected plastic-bonded magnets to enhance product performance. However, the market faces several challenges, including cost pressures from fluctuations in rare-earth material prices, technical barriers due to complex manufacturing processes, and competition from traditional magnet types that still hold a strong market presence. Furthermore, increasing market competition requires companies to invest in continuous innovation to maintain their competitive edge.

LP Information, Inc. (LPI) ' newest research report, the “Injected Plastic-Bonded Magnets Industry Forecast” looks at past sales and reviews total world Injected Plastic-Bonded Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Injected Plastic-Bonded Magnets sales for 2025 through 2031. With Injected Plastic-Bonded Magnets 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 Magnets industry.

This Insight Report provides a comprehensive analysis of the global Injected Plastic-Bonded Magnets 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 Magnets 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 Magnets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Injected Plastic-Bonded Magnets 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 Magnets.

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

Segmentation by Type:
Ferrite
NdFeB
SmCo
Others

Segmentation by Application:
Household Appliances
Cars
Office Equipments
3C Products
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 Magnets market?

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

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

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

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

Please note: The report will take approximately 2 business days to prepare and deliver.