The global Plastic Bonded Magnets market was valued at 554.13 Million USD in 2021 and will grow with a CAGR of 6.03% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Plastic Bonded Magnets are particle composites with permanent-magnet powder embedded in a plastic binder. Plastic magnets can be injected, over-injected or pressed.In the global plastic bonded magnet market, the combined revenue share of the top three manufacturers exceeds 50% of the total market in 2018. In terms of production value, China and the EU are the most important regions, with product value accounting for 42.03% and 21.73% of the market respectively.

By Market Verdors:

Sura Magnets

IMA

Thyssenkrupp

MS-Schramberg

Bomatec Group

Evitron

Bunting Magnetics

Goudsmit Magnetics

TDK

Sinomag

Zhong Ke San Huan Hi-Tech

DMEGC

Eclipse Magnetics

SDM Magnetics

Galaxy Magnets

BINIC Magnet

J&P Magnetic Products

Sen Long Corporation

Ningbo Yunsheng

Yuxiang Magnetic

Arnold Magnetic Technologies

Daido Electronics

By Types:

Plastic Injected Magnets

Plastic Pressed Magnets

By Applications:

Automotive

Electrical & Electronics

Home Appliance

Medical & Healthcare Devices

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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