Bonded magnets are defined as composites of a fixed magnetic powder(s) which are embedded in a non- magnetic matrix type. Such type of matrix is typically considered as a thermoplastic or elastomeric binder. Bonded magnet are considered to be one of the most significant magnetic materials which open wide application possibilities. Thermo-elastomer and thermo-plastic types of resins are mixed together with a different type of magnetic powders to form injection molded, compression and flexible form of magnets.
MARKET DYNAMICS
The Bonded Magnet market has witnessed a significant growth owing to factors growth of consumer electronic products. Moreover, supportive government policies with regards to hardware provides a huge market opportunity for the key players operating in the Bonded Magnet market. However, presence of strong substitutes and alternativesis projected to hamper the overall growth of the Bonded Magnet market.
MARKET SCOPE
The "Global Bonded Magnet Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Bonded Magnet market with detailed market segmentation by product type, application and process and geography. The global Bonded Magnet market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Bonded Magnet market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global bonded magnet market is segmented on the basis of product type, application and process. On the basis of product type, the bonded magnet market is segmented into rare-earth bonded magnets, ferrite bonded magnets and hybrid bonded magnets. On the basis of process, the bonded magnet market is segmented into compression, injection molding, extrusion and calendering. On the basis of application, the bonded magnet market is segmented into automotive & transportation, electrical & electronics, industrial, medical and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Bonded Magnet market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Bonded Magnet market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Bonded Magnet market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Bonded Magnet market in these regions.
MARKET PLAYERS
The reports cover key developments in the Bonded Magnet market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Bonded Magnet market are anticipated to lucrative growth opportunities in the future with the rising demand for Bonded Magnet in the global market. Below mentioned is the list of few companies engaged in the Bonded Magnet market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Bonded Magnet market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Advanced Technology & Materials Co., Ltd.
- Alliance LLC
- Allstar Magnetics
- Arnold Magnetic Technologies
- DEXTER MAGNETIC TECHNOLOGIES
- Evitron Sp. z o.o.
- Magnequench International, LLC
- MS-Schramberg GmbH & Co. KG
- RHEINMAGNET Horst Baermann GmbH
- Stanford Magnets
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