Injection Molded Magnets Industry Global Overview: Market Size, Growth Insights and Forecast
Report ID : 1330401 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Injection Molded Magnets Industry is categorized based on Material Type (Neodymium Iron Boron (NdFeB), Samarium Cobalt (SmCo), Ferrite, Alnico, Others) and Application (Automotive, Consumer Electronics, Industrial, Healthcare, Others) and End-User Industry (Automotive, Electronics, Aerospace, Energy, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The Injection Molded Magnets Industry, valued at $1.2 billion in 2023, is anticipated to expand to $2.5 billion by 2033 at a CAGR of 7.8% from 2024 to 2033. This report covers different segments and offers an analysis of the substantial trends and factors affecting the market.
The market for injection molded magnets represents a key technology with elastomeric properties in the direction of advanced manufacturing in relation to powered magnet demand as it incorporates relevant production processes, activities and operations, systems targeting injection molded magnetic materials through meticulous precision, efficiency and cost optimization mold designs.
There are also a growing number of opportunities about sustainability and adopting novel eco-friendly materials or processes for sustaining technologies, which in turn invokes positive efforts regarding the development of sustaining technologies. This change improves the functional performance of the magnets while catering to the need of the hour to adopt optimized green manufacturing principles. The market will witness aggressive growth due to the presence of dominant market players together with new entrants willing to make use of available gaps in the market and increasing focus on innovation-driven eco-friendly designs for injection molded structured magnets.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Magnet Applications Inc., Arnold Magnetic Technologies, Hitachi Metals Ltd., Magnequench International, Bunting Magnetics Co., Dura Magnetics Inc., Tdk Corporation, Magnefix, EMC Magnetics Corporation, Ningbo Cobalt Magnetics, Kj Magnetics Inc. |
| SEGMENTS COVERED |
By Material Type - Neodymium Iron Boron (NdFeB), Samarium Cobalt (SmCo), Ferrite, Alnico, Others
By Application - Automotive, Consumer Electronics, Industrial, Healthcare, Others
By End-User Industry - Automotive, Electronics, Aerospace, Energy, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Injection Molded Magnets Industry Dynamics
The Injection Molded Magnets Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Injection Molded Magnets Industry Segmentations
Market Breakup by Material Type
- Overview
- Neodymium Iron Boron (NdFeB)
- Samarium Cobalt (SmCo)
- Ferrite
- Alnico
- Others
Market Breakup by Application
- Overview
- Automotive
- Consumer Electronics
- Industrial
- Healthcare
- Others
Market Breakup by End-User Industry
- Overview
- Automotive
- Electronics
- Aerospace
- Energy
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Injection Molded Magnets Industry
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Magnet Applications Inc.
- Arnold Magnetic Technologies
- Hitachi Metals Ltd.
- Magnequench International
- Bunting Magnetics Co.
- Dura Magnetics Inc.
- Tdk Corporation
- Magnefix
- EMC Magnetics Corporation
- Ningbo Cobalt Magnetics
- Kj Magnetics Inc.
Customization Options
Verified Industry Insights offers one of the following report customization options to our respectable clients :
Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved