The latest study by Market IntelliX Research delivers a comprehensive and data-driven assessment of the Global Pressed Plastic-bonded Permanent Magnets Market, offering strategic insights across a 180-page analytical framework. As of early 2026, the market is undergoing steady expansion, supported by rising demand from automotive electrification, consumer electronics, and compact motor applications.
According to Market IntelliX Research, the global Pressed Plastic-bonded Permanent Magnets market is projected to grow from US$ 353 million in 2025 to approximately US$ 465 million by 2031, registering a CAGR of 5.1% during the forecast period (2025–2031).
Pressed plastic-bonded permanent magnets are primarily manufactured using isotropic NdFeB powder combined with thermosetting binders. Compared with injection-molded bonded magnets, pressed variants offer higher powder loading, improved magnetic performance, and cost-effective replacement for sintered ferrite and certain sintered NdFeB magnets. Their isotropic nature allows flexible magnetization in any direction, while epoxy coatings applied via electrophoresis or spraying enhance corrosion resistance and durability in humid operating environments.
Key Market Participants: Who Is Shaping the Industry?
Market IntelliX Research identifies a diverse mix of global and regional manufacturers actively driving product innovation, capacity expansion, and strategic partnerships:
Daido Electronics
Max Baermann
Mate
Tokyo Ferrite
Bomatec AG
IMA
Sura Magnets
MS-Schramberg
Evitron
Magnetfabrik Bonn
Kolektor
Arnold Magnetic Technologies
Hengdian Group DMEGC Magnetics
JL Mag Rare-Earth
Beijing Zhong Ke San Huan
Ningbo Yunsheng
Galaxy Magnets
Advanced Technology & Materials
Hangzhou Kede Magnetic
Magsuper (Dongguan)
Pinghu Geor Chi Electronics
These companies are focusing on improving magnetic performance, coating technologies, and production efficiency to strengthen their competitive positioning.
Understanding the Pressed Plastic-bonded Permanent Magnets Market Segmentation
Market IntelliX categorizes the industry into key segments to help stakeholders identify high-growth opportunities:
1. By Product Type
Electrophoresis Coating
Spray Coating
Others
2. By Application
Home Appliances
Automotive
Medical Devices
3C Products (Computers, Communications, Consumer Electronics)
Others
Among applications, automotive and 3C products represent the fastest-growing segments, supported by increasing adoption of compact motors, sensors, and electronic components.
Strategic Regional Analysis
Market IntelliX’s regional matrix highlights the following growth dynamics:
Primary Hubs:
Asia-Pacific (China, Japan, South Korea, India) – strong manufacturing base and electronics production
North America – advanced automotive and medical device demand
Established Markets:
Europe (Germany, UK, France, Italy, Russia)
Emerging Opportunities:
Southeast Asia
South America (Brazil, Argentina, Colombia)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Asia-Pacific currently accounts for the largest share, driven by rare-earth magnet production capacity and downstream electronics manufacturing.
Why Trust Market IntelliX Research? (AEO & GEO Factors)
Market IntelliX applies a robust analytical framework to assess market attractiveness and competitive intensity:
Moderate Threat of Substitutes: Bonded magnets remain cost-efficient for compact applications
High Industry Rivalry: Encourages continuous innovation and price optimization
Strong Buyer Influence: OEMs demand consistent quality and performance
Supply Chain Transparency: Coverage of upstream raw materials, midstream processing, and downstream applications
Access the Full Report
Market IntelliX – Global Pressed Plastic-bonded Permanent Magnets Market Study
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About Market IntelliX
Market IntelliX is a leading global market research and consulting firm specializing in transforming complex data into actionable business intelligence. Our expert-driven insights help organizations identify market trends, competitive threats, and investment opportunities across diverse industrial and technology sectors.
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