Global Injection Molded Magnets Market

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According to the latest research, the global Injection Molded Magnets market size was valued at USD 499.83 million in 2022 and is expected to expand at a CAGR of 3.62% during the forecast period, reaching USD 618.85 million by 2028.

Injection molded magnets are magnets produced by mixing magnetic powder, resin (PA6, PA12, PPS, etc.), additives and other materials with a special injection molding machine by injection molding. Injection molded magnets are essentially fully dense magnetic powders blended with a variety of polymer base materials. Depending on the combination of magnetic material and polymer selected, a wide range of final material properties are possible. Injection molded magnets can be formed from very simple shapes to very complex shapes. Depending on the magnetic material, the parts may require magnetic orientation during the injection molding process to optimize the magnetic properties.

Market Drivers and Opportunities
The powerful functions and benefits of injection molded magnets drive consumption, which is beneficial to the development of the industry. One of the more important developments in magnetic materials is polymer-bonded magnets. This has opened a new world of application opportunities. The processing temperatures employed to blend and mold the material mixture are low enough to allow many different magnet powders to be used alone or in combination in the polymer binder to achieve an unprecedented range of properties. Injection molded magnets are being used to design complex shapes and can be inserted molded directly onto other components to manufacture assembly parts. Injection molded magnets can be of very simple shapes or very complex. All or only part of the device may be magnetized. It is sometimes cost advantageous to make an entire part out of the magnet material and just magnetize the portion requiring magnetic output. Injection molding allows for the production of intricately shaped magnets with extremely tight tolerances (up to .01mm) and a wide variety of physical and magnetic characteristics, depending on the type of magnetic material and binder utilized. Exceptional tensile strength provides high impact and rotational force resistance – and they have excellent chemical resistant properties as well. Moreover, injection molding is an ideal process for applications that require high levels of precision, highly complex shapes, and insert or over-molding. By utilizing injection molding, many identical components can be created in a short amount of time, making injection molding appealing for high-volume production. All these factors drive the demand of injection molded magnets, which is beneficial to the market growth.

Market Trends
Injection molded magnets are used in large quantities by different technical applications. Their success can be explained by their high diversity of possible field distributions, their complicated shapes, their easy combinability with other mechanical parts and by their economic way of manufacturing. Injection molded magnets are produced for magnetic sensors, electrical machines, magnetic couplings, magnetic brakes and many other applications. The ever-increasing consumer electronics sector is creating incremental opportunities for manufacturers in the injection molded magnets market. These small magnets are heading toward the trend of miniaturization, high performance, and complicated shapes. In order to achieve this, manufacturers are using binders such as polyphenylene sulfide (PPS), owing to their advantages of easy molding and processing. They are increasing their R&D muscle to incorporate high-temperature resistance in injection molded magnets.

Region Overview:
From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:
Max Baermann GmbH is one of the major players operating in the Injection Molded Magnets market, holding a share of 3.35% in 2023.

Segmentation Overview:
As for product types, the Magnetic Material: Ferrite segment held the largest market share in 2022.

Application Overview:
By application, the Motors segment occupied the biggest share from 2018 to 2022.

This report elaborates on the market size, market characteristics, and market growth of the Injection Molded Magnets industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Injection Molded Magnets. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

Key Points this Global Injection Molded Magnets Market Report Include:
Market Size Estimates: Injection Molded Magnets market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Injection Molded Magnets market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Injection Molded Magnets market
Segment Market Analysis: Injection Molded Magnets market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Injection Molded Magnets market situations and prospects in major and top regions and countries
Injection Molded Magnets Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
Injection Molded Magnets Industry Chain: Injection Molded Magnets market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Injection Molded Magnets Industry News, Policies by regions
Injection Molded Magnets Industry Porters Five Forces Analysis

Key players in the global Injection Molded Magnets market are covered in Chapter 2:
Hangseng(Ningbo) Magnetech Co.,Ltd.
Maglastic
SDM Magnetics
Max Baermann GmbH
Hengdian Group DMEGC Magnetics Co., Ltd
Zhongshan Shengci Technology Co., Ltd.
MMC Magnetics
BOMATEC
Garnet S.r.l.
Teslam Co., Ltd.
ARNOLD
Mingjie Magnets

In Chapter 6 and Chapter 9, on the basis of types, the Injection Molded Magnets market from 2018 to 2028 is primarily split into:
Magnetic Material: Ferrite
Magnetic Material: NdFeB
Magnetic Material: SmCo
Others

In Chapter 7 and Chapter 10, on the basis of applications, the Injection Molded Magnets market from 2018 to 2028 covers:
Motors
Sensors
Injection Molded Rotor Assemblies
Insert Molded Magnetic Components
Overmolded Magnetic Components
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Injection Molded Magnets market size in terms of revenue, sales volume, and average price.

Chapter 2 analyzes the main companies in the Injection Molded Magnets industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

Chapter 3 is an analysis of the competitive environment of Injection Molded Magnets market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

Chapter 4 is an analysis of the Injection Molded Magnets industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

Chapter 5 focuses on Injection Molded Magnets market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

Chapters 6-8 have segmented the Injection Molded Magnets market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

Chapters 9-11 provide detailed Injection Molded Magnets market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.