The global Polymer Bonded Magnet market was valued at 561.68 Million USD in 2021 and will grow with a CAGR of 5.91% 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).

Polymer bonded magnet refers to a kind of magnet made by mixing magnetic powder with certain permanent magnetic properties and a certain proportion of binder and following a certain molding process. If an orientation magnetic field is applied during the molding process so that the easy magnetization directions of the magnetic powder are in the same direction in the magnet, this is an anisotropic bonded magnet, otherwise it is an isotropic magnet. There are various methods for forming bonded magnets, the most important of which are injection molding and compression molding.China is the world`s largest manufacturer of polymer bonded magnets, with a market share of over 40%. Leading companies in the market include Galaxy Magnets, Zhongke Sanhuan, Daido Electronics, and Magnequin. Etc.

By Market Verdors:

Galaxy Magnets

Zhong Ke San Huan

Daido Electronics

Magnequench International

IMA

NINGBO YUNSHENG

Arnold Magnetic. Technologies

TDK

MS-Schramberg

Hengdian Group DMEGC Magnetics

Sen Long Corporation

Jiangmen Magsource New Material

Advanced Technology & Materials

By Types:

Injection magnet

Pressed magnet

By Applications:

Automobile

Electrical and Electronics

Household appliances

Medical and Healthcare equipment

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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