Global Bonded Magnet Industry Overview Displays Rapid Growth till 2021: Study Cover Major Trends and Application Analysis


Published on : Aug 31, 2017

Albany, New York, August 31, 2017: Bonded magnet is one of the most important magnetic materials, which find applications in several industries such as automotive, electronics, consumer electronics, electrical appliances, medical, and power generation. Recently, a thorough analysis of the global market of bonded magnets has been published to the mega-repository of Market Research Hub (MRH). The title of study is “Global Bonded Magnet Industry 2017, Trends and Forecast Report”, which delivers detailed analysis of the current market conditions including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate in the global bonded magnet market. The study provides forecast between 2017 and 2021 based on volume (tons) and revenue (US$ Mn) with 2017 as the base year.

Bonded magnets are manufactured using a grouping of polymer resin and magnetic powder. Various processes are used for manufacture of bonded magnets such as calendaring, injection molding, extrusion and compression bonding. These magnets can be manufactured in very complex shapes with high dimension accuracy. According to the study findings, the demand in the global bonded magnets market is projected to experience a healthy CAGR and is anticipated to generate substantial revenue in future till 2021. The increasing use of bonded magnets in electrical and electronics industry is rising substantially.

The report begins with a basic overview of the global bonded magnet industry with its definition, application and classification along with industry chain overview, product specifications, manufacturing processes in detail. Further, the report takes a close look at the geographical segmentation of the global bonded magnet market in order to present a clear overview of where the market stands to gain. The bonded magnet markets in North America, Asia, and Europe are examined in the report, which provides information on every aspect likely to affect the respective regional market’s future development trajectory by the end of 2021. Main countries focused in the study are United States, Germany, United Kingdom, Japan, South Korea and China.

Moreover, the precise analysis of the major product types and applications is presented along with information on sales volume, revenue (Million USD), product price, market share and growth rate. Based on type, it covers Rare Earth Magnets, Hybrid and Ferrite. Major applications are Automotive, Electrical & Electronics; and Industrial. Application-wise, the global bonded magnets market gains maximum share of demand from the electrical and electronics category, both in terms of volume and value.

In the later part, the report covers the competitive market landscape and its growth prospects in the forthcoming years. This subsequent section includes a discussion of the key vendors operating in this market. The major players profiled in this report include Viona Magnetics, Allstar Magnetics, Xiamen Yuxiang Magnetic Materials Ind. Co., Ltd., VACUUMSCHMELZE GmbH, Stanford Magnets and Neo Magnequench. At last, the report introduced new project SWOT analysis, investment feasibility and investment return analysis.

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