Market Overview:
The global bonded magnets assemblies market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cars and household appliances, and the growing medical industry. The Asia Pacific region is expected to dominate the market during the forecast period.
Product Definition:
Bonded magnets assemblies are magnets that have been attached to each other using a bonding agent. This creates a stronger magnet than if the magnets were simply placed next to each other. Bonded magnets assemblies are used in a variety of applications, including motors, speakers, and sensors. They are important because they create a more powerful magnetic field than individual magnets and can be used in more demanding applications.
Epoxy Glue:
Epoxy glue is a thermosetting resin that contains an epoxide group. It has high heat resistance and good mechanical strength. The most important factor about epoxy glues is that they have the ability to bind two or more materials together without the use of metal fasteners, which makes them ideal for bonding magnets in bonded assemblies.
Anaerobic Glue:
Anaerobic glue is a special type of synthetic rubber that is used in the manufacturing of bonded magnets assemblies. Anaerobic glues are widely used in applications such as computer hard disk drives, electric motors, and consumer electronics. The growing demand for these products from various end-use industries has led to an increase in their production over the past few years.
Application Insights:
The global market is segmented by application into cars, medical, household appliances and other applications. Cars were the largest application segment in 2017 and are expected to continue being the dominant segment over the forecast period. The growth of this application can be attributed to increasing automobile production across various regions coupled with rising consumer preference for vehicles equipped with magnetic tires.
Household appliances are likely to witness a significant CAGR of XX% from 2018 to 2030 owing to growing demand for energy-efficient products that offer enhanced performance compared with conventional counterparts. Moreover, increasing urbanization has resulted in an increased need for efficient ventilation systems that do not generate much dust or dirt particles; which is anticipated to boost product adoption over the forecast period.
The automotive industry has been witnessing tremendous growth since past few years owing primarilyto expanding manufacturing facilitiesin China.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing use of high performance vehicles and rising healthcare expenditure by consumers in U.S., Canada, and Mexico. In addition, growing number of manufacturing facilities for electronics, medical devices & pharmaceuticals in U.S.
Asia Pacific is expected to witness significant growth over the next eight years owing to rapid industrialization coupled with increasing per capita income of consumers in China.
Growth Factors:
- Increasing demand from end-use industries: The increasing demand for bonded magnets assemblies from the end-use industries is one of the key growth drivers for this market. This is because these assemblies are used in a wide range of applications, such as motors, sensors, and loudspeakers.
- Growing popularity of electric vehicles: The growing popularity of electric vehicles is another major growth driver for the bonded magnets assemblies market. This is because electric vehicles require high-performance magnets to function properly.
- Rising R&D expenditure by manufacturers: The rising R&D expenditure by manufacturers to develop new and innovative products is another key factor driving the growth of this market. This helps them stay competitive in the global marketplace and cater to the changing needs of consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bonded Magnets Assemblies Market Research Report
By Type
Epoxy Glue, Anaerobic Glue
By Application
Cars, Medical, Household Appliances, Others
By Companies
Huizhou Ciyan Technology, KWG TECHNOLOGY, Spear & Jackson Group, Kede Magnetics, Baotou Inst Magnetic New Materials, China Rare Earth Magnet, Galaxy Magnets, SDM Magnetics, Stanford Magnets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Bonded Magnets Assemblies Market Report Segments:
The global Bonded Magnets Assemblies market is segmented on the basis of:
Types
Epoxy Glue, Anaerobic Glue
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cars, Medical, Household Appliances, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huizhou Ciyan Technology
- KWG TECHNOLOGY
- Spear & Jackson Group
- Kede Magnetics
- Baotou Inst Magnetic New Materials
- China Rare Earth Magnet
- Galaxy Magnets
- SDM Magnetics
- Stanford Magnets
Highlights of The Bonded Magnets Assemblies Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Glue
- Anaerobic Glue
- By Application:
- Cars
- Medical
- Household Appliances
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bonded Magnets Assemblies Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bonded magnets assemblies are a type of electromagnet that use the force of magnetism to connect two or more pieces together. This type of assembly is often used in applications where strength and durability are important, such as in motors and generators.
Some of the major companies in the bonded magnets assemblies market are Huizhou Ciyan Technology, KWG TECHNOLOGY, Spear & Jackson Group, Kede Magnetics, Baotou Inst Magnetic New Materials, China Rare Earth Magnet, Galaxy Magnets, SDM Magnetics, Stanford Magnets.
The bonded magnets assemblies market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bonded Magnets Assemblies Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bonded Magnets Assemblies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bonded Magnets Assemblies Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bonded Magnets Assemblies Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bonded Magnets Assemblies Market Size & Forecast, 2018-2028
4.5.1 Bonded Magnets Assemblies Market Size and Y-o-Y Growth
4.5.2 Bonded Magnets Assemblies Market Absolute $ Opportunity
Chapter 5 Global Bonded Magnets Assemblies Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bonded Magnets Assemblies Market Size Forecast by Type
5.2.1 Epoxy Glue
5.2.2 Anaerobic Glue
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bonded Magnets Assemblies Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bonded Magnets Assemblies Market Size Forecast by Applications
6.2.1 Cars
6.2.2 Medical
6.2.3 Household Appliances
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bonded Magnets Assemblies Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bonded Magnets Assemblies Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bonded Magnets Assemblies Analysis and Forecast
9.1 Introduction
9.2 North America Bonded Magnets Assemblies Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bonded Magnets Assemblies Market Size Forecast by Type
9.6.1 Epoxy Glue
9.6.2 Anaerobic Glue
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bonded Magnets Assemblies Market Size Forecast by Applications
9.10.1 Cars
9.10.2 Medical
9.10.3 Household Appliances
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bonded Magnets Assemblies Analysis and Forecast
10.1 Introduction
10.2 Europe Bonded Magnets Assemblies Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bonded Magnets Assemblies Market Size Forecast by Type
10.6.1 Epoxy Glue
10.6.2 Anaerobic Glue
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bonded Magnets Assemblies Market Size Forecast by Applications
10.10.1 Cars
10.10.2 Medical
10.10.3 Household Appliances
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bonded Magnets Assemblies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bonded Magnets Assemblies Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bonded Magnets Assemblies Market Size Forecast by Type
11.6.1 Epoxy Glue
11.6.2 Anaerobic Glue
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bonded Magnets Assemblies Market Size Forecast by Applications
11.10.1 Cars
11.10.2 Medical
11.10.3 Household Appliances
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bonded Magnets Assemblies Analysis and Forecast
12.1 Introduction
12.2 Latin America Bonded Magnets Assemblies Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bonded Magnets Assemblies Market Size Forecast by Type
12.6.1 Epoxy Glue
12.6.2 Anaerobic Glue
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bonded Magnets Assemblies Market Size Forecast by Applications
12.10.1 Cars
12.10.2 Medical
12.10.3 Household Appliances
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bonded Magnets Assemblies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bonded Magnets Assemblies Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bonded Magnets Assemblies Market Size Forecast by Type
13.6.1 Epoxy Glue
13.6.2 Anaerobic Glue
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bonded Magnets Assemblies Market Size Forecast by Applications
13.10.1 Cars
13.10.2 Medical
13.10.3 Household Appliances
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bonded Magnets Assemblies Market: Competitive Dashboard
14.2 Global Bonded Magnets Assemblies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huizhou Ciyan Technology
14.3.2 KWG TECHNOLOGY
14.3.3 Spear & Jackson Group
14.3.4 Kede Magnetics
14.3.5 Baotou Inst Magnetic New Materials
14.3.6 China Rare Earth Magnet
14.3.7 Galaxy Magnets
14.3.8 SDM Magnetics
14.3.9 Stanford Magnets
