Press release
Global and U.S. Flexible Magnetic Tape Market Report, Published by QY Research.
https://www.qyresearch.com/reports/5376616/flexible-magnetic-tape
Core market data:
Global market size: USD 887 million
CAGR (2024-2030): 4.9%
Average price: USD 4200 per ton
Annual production: 180 kilotons
Gross margin: 28%
Production capacity: 230 kilotons
List of Main players:
Magnum Magnetics (USA)
Arnold Magnetic Technologies (USA)
Adams Magnetic Products (USA)
Master Magnetics (USA)
Eagle Magnetics (USA)
Anchor Magnets (UK)
Eclipse Magnetics (UK)
Rheinmagnet (Germany)
Bakker Magnetics (Netherlands)
Italfit Magneti (Italy)
ALGA Magneti (Italy)
Tokyo Ferrite (Japan)
Magnaplast Technologies (India)
Guangzhou Newlife New Material (China)
Dongguan Maghard Flexible Magnet (China)
Ningbo Honsen Magnetics (China)
JASDI Magnet (Taiwan)
1. By Magnetic Type
Isotropic Ferrite Tape
Anisotropic Ferrite Tape
2. By Binder Type
PVC-Based Magnetic Tape
Rubber-Based Magnetic Tape
3. By Thickness
Thin Tape
Medium Tape
Thick Tape
4. By Magnetization Pattern
Single-Pole Magnetization
Multiple-Pole Magnetization
5. By Application
Automotive
Electronics
Construction
Industrial
Case study for bidding
Time: June 2023
Supplier: Arnold Magnetic Technologies
Buyer: LG Electronics
Product: Adhesive-Backed Anisotropic Flexible Magnetic Tape (3 mm thickness, 60 m roll)
Quantity: 6,200 tons
Contract Value: USD 21 million
Delivery Timeline: May 2024
Detailed Application Scenario
In this case, LG Electronics adopted Arnold Magnetic Technologies' anisotropic flexible magnetic tape for use in refrigerator door seals and smart appliance assemblies. The tape provided consistent magnetic force and durability under repeated opening and closing cycles, ensuring tight sealing and improved energy efficiency.
The anisotropic orientation process increased the magnetic energy product (BHmax), allowing thinner tape sections without compromising holding strength. The adhesive-backed design simplified installation on plastic and metal housings, reducing assembly time and cost.
LG selected this product for its high flexibility, long magnetic life, and customizable thickness options, aligning with its design and sustainability goals. Compared to rigid ferrite magnets, flexible magnetic tape offered lower weight, improved formability, and superior sealing performance, making it a preferred material for next-generation energy-efficient appliances and industrial sealing systems.
About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
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More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.
For Inquiries:
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Email: global@qyresearch.com
www.qyresearch.com
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