Market Overview:
The global pressed plastic-bonded magnets 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 hybrid bonded magnets in automotive and electrical & electronics applications. Asia Pacific is expected to be the fastest-growing region during the forecast period, owing to the growing demand for hybrid bonded magnets from automotive and electrical & electronics applications.
Product Definition:
Pressed Plastic-bonded Magnets are magnets that are created by pressing plastic-bonded powder together. This creates a magnet with a very smooth surface. Pressed Plastic-bonded Magnets have many applications, including in the automotive and electronics industries.
Rare Earth Bonded Magnets:
Rare earth bonded magnets are permanent magnets made from rare earth metals such as neodymium, samarium, and dysprosium. These metals have a high Curie temperature which is the temperature at which their magnetic properties become apparent. The most common use of rare earth bonded magnets is in electric vehicles where they are used for generating electricity by using the energy stored in the ferrous parts of vehicles to generate electrical energy.
Ferrite Bonded Magnets:
Ferrite bonded magnets are made by mixing iron powder with plastic resin. They have a high coercivity and can be used in applications where high-temperature strong magnetic fields are required.
The global pressed plastic-bonded magnets market size was valued at USD 552.1 million in 2016.
Application Insights:
The global PP-MB magnets market is segmented on the basis of application into automotive, electrical & electronics, home appliances, medical & healthcare devices and other industries. The automotive industry was the largest user of PP-MB magnets in 2017. These products are widely used in automobiles for their aesthetic appeal as well as to improve vehicle efficiency and performance. They are also used for providing a comfortable ride to passengers by reducing vehicular vibration caused by moving parts within an automobile engine or drivetrain.
PP-MB magnets have high magnetic strength which makes them suitable for use in electric motors and generators that operate at high speeds with minimal power loss due to their low weight compared to traditional iron or steel balls.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies such as China, India, Indonesia, Malaysia and Thailand. In addition, rising population coupled with growing consumer disposable income levels will drive product demand over the forecast period.
The automotive sector in Asia Pacific is one of the prominent users of magnetic materials due to their high strength and corrosion resistance properties required by vehicles manufactured before 2016 are not equipped with anti-lock braking systems or airbags thus creating an opportunity for pressed plastic-bonded magnets in this region. The stringent regulations regarding fuel emissions have led manufacturers across all vehicle categories including two wheelers and cars alike adopt electric vehicles (EVs) which will further boost product demand over the next eight years.
Growth Factors:
- Increasing demand for miniaturization in various end-use industries
- Rising demand for permanent magnets in electric vehicles and wind turbines
- Growing popularity of neodymium magnets in consumer electronics
- Proliferation of online retail platforms that offer customized solutions
- Development of innovative manufacturing processes to reduce production costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressed Plastic-bonded Magnets Market Research Report
By Type
Rare Earth Bonded Magnets, Ferrite Bonded Magnets, Hybrid Bonded Magnets
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 New Material, Advanced Technology & Materials
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Pressed Plastic-bonded Magnets Market Report Segments:
The global Pressed Plastic-bonded Magnets market is segmented on the basis of:
Types
Rare Earth Bonded Magnets, Ferrite Bonded Magnets, Hybrid Bonded Magnets
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 New Material
- Advanced Technology & Materials
Highlights of The Pressed Plastic-bonded Magnets 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:
- Rare Earth Bonded Magnets
- Ferrite Bonded Magnets
- Hybrid Bonded Magnets
- 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 Pressed Plastic-bonded Magnets 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?
Pressed plastic-bonded magnets are a type of magnet that is made from a sheet of plastic that has been pressed into thin, rectangular pieces. These magnets are often used in applications where the magnet's strength and durability are important factors, such as in toys and electronic devices.
Some of the major companies in the pressed plastic-bonded magnets 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 New Material, Advanced Technology & Materials.
The pressed plastic-bonded magnets 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 Pressed Plastic-bonded Magnets 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 Pressed Plastic-bonded Magnets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pressed Plastic-bonded Magnets 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 Pressed Plastic-bonded Magnets 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 Pressed Plastic-bonded Magnets Market Size & Forecast, 2020-2028
4.5.1 Pressed Plastic-bonded Magnets Market Size and Y-o-Y Growth
4.5.2 Pressed Plastic-bonded Magnets Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Rare Earth Bonded Magnets
5.2.2 Ferrite Bonded Magnets
5.2.3 Hybrid Bonded Magnets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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 Pressed Plastic-bonded Magnets 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 Pressed Plastic-bonded Magnets 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Rare Earth Bonded Magnets
9.6.2 Ferrite Bonded Magnets
9.6.3 Hybrid Bonded Magnets
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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Rare Earth Bonded Magnets
10.6.2 Ferrite Bonded Magnets
10.6.3 Hybrid Bonded Magnets
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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Rare Earth Bonded Magnets
11.6.2 Ferrite Bonded Magnets
11.6.3 Hybrid Bonded Magnets
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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Rare Earth Bonded Magnets
12.6.2 Ferrite Bonded Magnets
12.6.3 Hybrid Bonded Magnets
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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Rare Earth Bonded Magnets
13.6.2 Ferrite Bonded Magnets
13.6.3 Hybrid Bonded Magnets
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) 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 Pressed Plastic-bonded Magnets Market: Competitive Dashboard
14.2 Global Pressed Plastic-bonded Magnets 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 New Material
14.3.12 Advanced Technology & Materials
