Market Overview:
The global hybrid bonded magnet market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the automotive and electrical & electronics applications are expected to drive the market during the forecast period. Asia Pacific is expected to be the fastest-growing region in the global hybrid bonded magnet market during the forecast period.
Product Definition:
A hybrid bonded magnet is a type of permanent magnet that is made by combining two or more types of magnets. The different types of magnets are usually glued together, then the whole assembly is placed in a magnetic field to align the poles. This creates a stronger and more stable magnet than if any one type of magnet was used on its own. Hybrid bonded magnets are often used in electric motors, generators, and other electrical devices.
Compression Process:
The compression process is used to manufacture magnetic materials such as soft Magnetic Resonance (MR), high-temperature superconducting magnets, and hard Magnetic Resonance (MR) magnets. The compression process involves the use of specialized machinery that applies compressive forces on the raw material in order to obtain desired shapes and sizes.
Extrusion Process:
Extrusion process is used to convert solid material into a molten form that can be molded or processed as per the requirement. The extruded product can be of various shapes and sizes. It has wide applications in end-use industries such as automotive, building & construction, consumer goods, packaging and electrical & electronics among others.
Application Insights:
The automotive segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The rising demand for lightweight materials has led to an increase in usage of magnets, which are used as a load-bearing component in vehicles. These products help reduce overall vehicle weight by up to 20%, thus improving fuel efficiency and reducing CO2 emissions. This will lead to an increased adoption of these products across various applications including powertrain, suspension, body components, and electronics among others.
The home appliances segment is expected witness significant growth over the forecast period owing to increasing use of electric motors that operate on alternating current coupled with magnetic fields produced by hybrid bonded magnets.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high product demand from various end-use industries, such as automotive and electrical & electronics. In addition, growing R&D activities in North America are likely to propel market growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing foreign investments and favorable government policies across key countries such as China, India, Japan and South Korea. Furthermore, rising disposable income levels are anticipated to fuel regional product demand during the same period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of hybrid and electric vehicles
- Rising demand from the automotive sector
- Increasing demand from the electronics sector
- Growing demand from the medical sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid Bonded Magnet Market Research Report
By Type
Compression Process, Extrusion Process, Calendering Process, Other
By Application
Automotive, Electrical & Electronics, Home Appliance, Medical & Healthcare Devices, Others
By Companies
Galaxy Magnets, Zhong Ke San Huan Hi-Tech, Daido Electronics, IMA, Ningbo Yunsheng, Arnold Magnetic Technologies, TDK, MS-Schramberg, DMEGC, Sen Long Corporation, Jiangmen Magsource, AT & M
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid Bonded Magnet Market Report Segments:
The global Hybrid Bonded Magnet market is segmented on the basis of:
Types
Compression Process, Extrusion Process, Calendering Process, Other
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
Automotive, Electrical & Electronics, Home Appliance, Medical & Healthcare Devices, 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:
- Galaxy Magnets
- Zhong Ke San Huan Hi-Tech
- Daido Electronics
- IMA
- Ningbo Yunsheng
- Arnold Magnetic Technologies
- TDK
- MS-Schramberg
- DMEGC
- Sen Long Corporation
- Jiangmen Magsource
- AT & M
Highlights of The Hybrid Bonded Magnet 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:
- Compression Process
- Extrusion Process
- Calendering Process
- Other
- By Application:
- Automotive
- Electrical & Electronics
- Home Appliance
- Medical & Healthcare Devices
- 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 Hybrid Bonded Magnet 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?
A hybrid bonded magnet is a type of magnet that has both ferromagnetic and paramagnetic properties. This makes it a versatile material for applications in which magnetic fields are needed, but the materials cannot be easily divided into those two categories.
Some of the major players in the hybrid bonded magnet market are Galaxy Magnets, Zhong Ke San Huan Hi-Tech, Daido Electronics, IMA, Ningbo Yunsheng, Arnold Magnetic Technologies, TDK, MS-Schramberg, DMEGC, Sen Long Corporation, Jiangmen Magsource, AT & M.
The hybrid bonded magnet market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hybrid Bonded Magnet 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 Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size & Forecast, 2018-2028
4.5.1 Hybrid Bonded Magnet Market Size and Y-o-Y Growth
4.5.2 Hybrid Bonded Magnet Market Absolute $ Opportunity
Chapter 5 Global Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size Forecast by Type
5.2.1 Compression Process
5.2.2 Extrusion Process
5.2.3 Calendering Process
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electrical & Electronics
6.2.3 Home Appliance
6.2.4 Medical & Healthcare Devices
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hybrid Bonded Magnet 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 Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Analysis and Forecast
9.1 Introduction
9.2 North America Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size Forecast by Type
9.6.1 Compression Process
9.6.2 Extrusion Process
9.6.3 Calendering Process
9.6.4 Other
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 Hybrid Bonded Magnet Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electrical & Electronics
9.10.3 Home Appliance
9.10.4 Medical & Healthcare Devices
9.10.5 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 Hybrid Bonded Magnet Analysis and Forecast
10.1 Introduction
10.2 Europe Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size Forecast by Type
10.6.1 Compression Process
10.6.2 Extrusion Process
10.6.3 Calendering Process
10.6.4 Other
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 Hybrid Bonded Magnet Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electrical & Electronics
10.10.3 Home Appliance
10.10.4 Medical & Healthcare Devices
10.10.5 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 Hybrid Bonded Magnet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size Forecast by Type
11.6.1 Compression Process
11.6.2 Extrusion Process
11.6.3 Calendering Process
11.6.4 Other
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 Hybrid Bonded Magnet Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electrical & Electronics
11.10.3 Home Appliance
11.10.4 Medical & Healthcare Devices
11.10.5 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 Hybrid Bonded Magnet Analysis and Forecast
12.1 Introduction
12.2 Latin America Hybrid Bonded Magnet 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 Hybrid Bonded Magnet Market Size Forecast by Type
12.6.1 Compression Process
12.6.2 Extrusion Process
12.6.3 Calendering Process
12.6.4 Other
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 Hybrid Bonded Magnet Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electrical & Electronics
12.10.3 Home Appliance
12.10.4 Medical & Healthcare Devices
12.10.5 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) Hybrid Bonded Magnet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hybrid Bonded Magnet 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) Hybrid Bonded Magnet Market Size Forecast by Type
13.6.1 Compression Process
13.6.2 Extrusion Process
13.6.3 Calendering Process
13.6.4 Other
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) Hybrid Bonded Magnet Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electrical & Electronics
13.10.3 Home Appliance
13.10.4 Medical & Healthcare Devices
13.10.5 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 Hybrid Bonded Magnet Market: Competitive Dashboard
14.2 Global Hybrid Bonded Magnet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Galaxy Magnets
14.3.2 Zhong Ke San Huan Hi-Tech
14.3.3 Daido Electronics
14.3.4 IMA
14.3.5 Ningbo Yunsheng
14.3.6 Arnold Magnetic Technologies
14.3.7 TDK
14.3.8 MS-Schramberg
14.3.9 DMEGC
14.3.10 Sen Long Corporation
14.3.11 Jiangmen Magsource
14.3.12 AT & M
