Bonded Rare Earth Magnets Research: CAGR of 6.3% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Bonded Rare Earth Magnets- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Bonded Rare Earth Magnets market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Bonded Rare Earth Magnets was estimated to be worth US$ 801 million in 2025 and is projected to reach US$ million, growing at a CAGR of % from 2026 to 2032.

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Bonded Rare Earth Magnets Market Summary

According to the new market research report "Global Bonded Rare Earth Magnets Market Report 2025-2031", published by QYResearch, the global Bonded Rare Earth Magnets market size is projected to reach USD 1.15 billion by 2031, at a CAGR of 6.3% during the forecast period.

Market Drivers:

Electrification and mechatronization: more small motors and actuators per vehicle, more precision sensors, and more efficient BLDC subsystems in appliances and equipment. Bonded magnets offer predictable isotropic behavior, consistent molding tolerances, and multi-pole geometries that simplify motor and encoder design.

Integrated manufacturing-over-molding magnets onto shafts, hubs, or impellers to cut parts count and alignment steps. This favors bonded solutions in consumer, appliance, and office products, and creates room for design-for-manufacture wins such as insert-molding and graded thickness features that are impractical with sintered segments.

Materials innovation: improved bonded NdFeB powders with better aging characteristics and SmFeN compounds with strong thermal and corrosion performance open new niches in higher-duty miniature drives and sensors. Suppliers that combine powders, application support, and magnetization tooling are positioned to capture value in custom multipole rings and compact motor/encoder assemblies.

Restraint:

A persistent restraint is peak performance: where maximum energy product, coercivity margin, or high-temperature capability is non-negotiable, sintered magnets still dominate-limiting bonded adoption in traction motors and other high-power magnetic circuits. This confines the addressable market to small motors, encoders, and actuators where geometry and integration trump absolute flux density.

Process limitations can also cap performance: achievable powder loading, orientation, and part geometry differ between injection and compression molding, and each route imposes constraints on magnet thickness, tolerances, and achievable pole counts. Manufacturing windows must be tuned to avoid voids, warpage, and under-fill while meeting the demagnetization characteristics the drive electronics expect.

Bonded magnets compete against mature alternatives and price pressure in cost-sensitive applications, where ferrite or simple flexible composites may suffice, and against rigorous qualification requirements in automotive and medical settings. Capital for magnetization equipment and the need for consistent pole quality across volumes can slow adoption where total system cost is tightly constrained.

Opportunity:

Bonded rare-earth magnets continue to gain share in small, precise mechatronics where design freedom (thin walls, complex shapes, multi-pole rings) and over-molding into plastic hubs or sleeves matter more than peak energy product. Injection- and compression-molded NdFeB dominate, while SmFeN is preferred in stability-critical parts; designers leverage isotropic powders to pattern poles on OD/ID surfaces for compact BLDC motors and encoders.

In transportation, growth concentrates in auxiliary actuators and sensors-HVAC flaps, thermal valves, seat/closure drives, oil/water pumps-and in multi-pole target rings for position/speed sensing, rather than traction motors where sintered magnets prevail. The same shift toward compact, quiet, high-efficiency subsystems appears in home appliances and office automation, reinforcing demand for molded rings and near-net rotor components.

Materials and process trends emphasize higher-temperature stability and corrosion resistance (including SmFeN bonded grades) and sustained improvements in bonded powders for compression and injection routes. Application engineering from leading powder and component suppliers continues to broaden the envelope for multipole magnetization and integrated molding, enabling tighter tolerances at lower assembly complexity.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Bonded Rare Earth Magnets market is segmented as below:
By Company
Galaxy Magnetic
Daido Electronics
Beijing Zhong Ke San Huan Hi-Tech
JL MAG
Innuovo Magnetics
AT&M
Magsuper
Pinghu Geor Chi Electronics
Earth- Panda
Newland Magnetics
Yunsheng Company

Segment by Type
NdFeB Magnet
SmCo Magnet
SmFeN Magnet

Segment by Application
Consumer Electronics
Automotive
Household Appliances
Office Equipment
Other

Each chapter of the report provides detailed information for readers to further understand the Bonded Rare Earth Magnets market:

Chapter 1: Introduces the report scope of the Bonded Rare Earth Magnets report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2021-2032)
Chapter 2: Detailed analysis of Bonded Rare Earth Magnets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Bonded Rare Earth Magnets market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2021-2032)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2021-2032)
Chapter 5: Sales, revenue of Bonded Rare Earth Magnets in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2021-2032)
Chapter 6: Sales, revenue of Bonded Rare Earth Magnets in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Bonded Rare Earth Magnets competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Bonded Rare Earth Magnets comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Bonded Rare Earth Magnets market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Rare-Earth Bonded Magnet Market Research Report 2026
Rare-Earth Bonded Magnet- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Global Bonded Rare Earth Magnets Market Research Report 2026

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