Scope of the Study
Bonded magnet technology enables a wide variety of magnetic powders to be combined with several polymer and binder systems to produce magnetic components. Majority of bonded magnets are isotropic, that means, uniformity in all orientations. These magnets consist of two components; a hard magnetic powder and a non-magnetic polymer or rubber binder. Bonded magnets exhibit higher electrical resistivity and better mechanical properties.
The market study is being classified by Type (Injection Molded Magnets, Flexible Bonded Magnets, Compression Magnets, Bonded NdFeB Magnets, Bonded AlNiCo Magnets, Bonded Samarium Cobalt Magnets and Bonded Ferrite Magnets), by Application (Automotive, Electrical & Electronics, Medical and Power Generation) and major geographies with country level break-up.
Arnold Magnetic Technologies (United States), Magnum Magnetics Corporation (United States), ALL Magnetics, Inc. (United States), American Union Group, Inc. (United States), Ashvini Magnets Pvt. Ltd. (India), Shanghai San Huan Magnetics (China), Vacuumschmelze GmbH & Co. KG (Germany), Daido Electronics (Japan), Zhejiang Innuovo Magnetics Co., Ltd. (China) and MS-Schramberg GmbH & Co. KG (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Ningbo Yunsheng Co., Ltd. (China), Earth-Panda Advance Magnetic Material Co., Ltd (China), Pinghu Geor Chi Electronics (China), Allstar Magnetics (United States), Alliance LLC (United States) and Viona Magnetics (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Bonded Magnet market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Bonded Magnet market by Type, Application and Region.
On the basis of geography, the market of Bonded Magnet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Manufacturing Process, the sub-segment i.e. Calendaring will boost the Bonded Magnet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Magnetic Powder, the sub-segment i.e. Hard Ferrite will boost the Bonded Magnet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Widely Used In Hard Disks Since It Enables Miniaturization
- Increasing Market for Smartphones Is Increasing Demand for Bonded Magnets
- Maximum Area of Application of Bonded Magnet Includes Data Storage
- Surging Market for Consumer Electronics Will Increase the Market for Bonded Magnet
- The Emergence of Hybrid Vehicles In The Future Will Likely Boost the Market for Magnet
- High Cost of Raw Materials
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase