Generally, the Rare-earth Bonded Magnet is produced by molding compression of the compound NdFeB alloy powder with epoxy resin, also it can be made by injection or extrusion from NdFeB alloy powder mixed with plastic.
They are mainly applied to sorts of mini-sized and special motors, such as spindle motor (HDD, CD-ROM and DVD), stepping motor, synchronous motor, DC motor and brushless motor, etc.
The global Rare-earth Bonded Magnet market is led by China capturing about 35% of global Rare-earth Bonded Magnet consumption. Japan is the second-largest region-wise market with 13% of production share.
At present, the major manufacturers of Rare-earth Bonded Magnet are Galaxy Magnetic, Shanghai San Huan Magnetics, Daido Electronics, Innuovo Magnetics, Yunsheng Company, AT&M, Magsuper, etc. Galaxy Magnetic is the world leader, holding 17% revenue market share.
In application, Rare-earth Bonded Magnet downstream is wide and recently Rare-earth Bonded Magnet has acquired increasing significance in various fields of High Efficiency Motors, Hybrid/Electric Vehicles and Hard Disk Drives and others. Globally, the Rare-earth Bonded Magnet market is mainly driven by growing demand for Hard Disk Drives which accounts for nearly 33% of total downstream consumption of Rare-earth Bonded Magnet.

Market Analysis and Insights: Global Rare-Earth Bonded Magnet Market
In 2020, the global Rare-Earth Bonded Magnet market size was US$ 585.6 million and it is expected to reach US$ 936.5 million by the end of 2027, with a CAGR of 6.8% during 2021-2027.
Global Rare-Earth Bonded Magnet Scope and Market Size
Rare-Earth Bonded Magnet market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Rare-Earth Bonded Magnet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Rare-Earth Bonded Magnet market is segmented into
NdFeB Magnet
SmCo Magnet

Segment by Application, the Rare-Earth Bonded Magnet market is segmented into
High Efficiency Motors
Hybrid/Electric Vehicles
Hard Disk Drives

Regional and Country-level Analysis:
North America
United States
South Korea
Southeast Asia
Rest of Asia-Pacific
Nordic Countries
Rest of Europe
Latin America
Rest of Latin America
Middle East & Africa
Saudi Arabia
Rest of MEA

Competitive Landscape and Rare-Earth Bonded Magnet Market Share Analysis
Rare-Earth Bonded Magnet market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Rare-Earth Bonded Magnet product introduction, recent developments, Rare-Earth Bonded Magnet sales by region, type, application and by sales channel.

The major companies include:
Galaxy Magnetic
Shanghai San Huan Magnetics
Daido Electronics
Innuovo Magnetics
Yunsheng Company


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