The Global Welding Magnets Market was valued at USD 132.8 Million in 2023 and is projected to reach USD 178.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period (2024–2030). This steady growth is propelled by expanding construction and infrastructure activities, rising automation in manufacturing, and the increasing demand for efficient and safe workholding solutions across various industrial sectors.

As industries globally emphasize precision, speed, and operator safety, welding magnets have become indispensable tools for fabricators and metalworkers. These devices, including magnetic welding holders, angles, and clamps, ensure components are held securely in place, enabling higher quality welds and improved productivity. In this blog, we profile the Top 10 Companies in the Welding Magnets Industry—a diverse group of established manufacturers and specialized magnetic solution providers shaping the future of industrial fabrication.

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🔟 1. Eclipse Magnetics (Spear & Jackson)

Headquarters: Sheffield, United Kingdom
Key Offering: Magnetic Workholding, Lifting, and Separation Solutions

Eclipse Magnetics, a part of Spear & Jackson, is a leading global manufacturer of high-performance magnetic products. With a heritage spanning over a century, the company specializes in magnetic workholding solutions, including a comprehensive range of welding magnets, magnetic chucks, and lifting magnets designed for industrial durability and precision.

Key Market Initiatives:

• Development of switchable and permanent magnets for varied holding capacities

• Focus on robust designs for harsh workshop environments

• Global distribution network serving OEMs and industrial distributors

Download FREE Sample Report: Global Welding Magnets Market – View in Detailed Research Report

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9️⃣ 2. Industrial Magnetics, Inc.

Headquarters: Boyne City, Michigan, USA
Key Offering: Magnetic Assemblies, Workholding, and Material Handling Equipment

Industrial Magnetics, Inc. (IMI) is a prominent US-based manufacturer of magnetic solutions for material handling and workholding applications. The company offers a wide array of welding magnets, including magnetic angles, hold-downs, and custom-designed fixtures that enhance welding efficiency and safety.

Key Market Initiatives:

• Custom magnetic solutions for complex fabrication tasks

• Focus on Made-in-USA quality and rapid customer service

• Continuous R&D to improve magnetic strength and product longevity

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8️⃣ 3. Master Magnetics

Headquarters: Castle Rock, Colorado, USA
Key Offering: Permanent and Flexible Magnets, Magnetic Assemblies

Master Magnetics is a leading supplier of magnetic products, offering a diverse portfolio that includes strong welding magnets used for clamping, positioning, and fixturing. The company is known for its high-quality neodymium and ceramic magnets that provide reliable holding power for welding applications.

Key Market Initiatives:

• Broad product range catering to DIY, professional, and industrial users

• Emphasis on product innovation and magnetic performance

• Strong presence in North American retail and industrial supply chains

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7️⃣ 4. Zhaobao Magnet Group

Headquarters: Ningbo, Zhejiang, China
Key Offering: Rare Earth Magnets, Magnetic Tools, and Assemblies

Zhaobao Magnet Group is a major Chinese manufacturer of permanent magnets and magnetic application products. The company produces a wide range of welding magnets, leveraging its expertise in neodymium iron boron (NdFeB) magnets to create powerful and compact holding tools for the global market.

Key Market Initiatives:

• Large-scale production capacity for cost-effective magnet solutions

• Export-oriented business model serving international distributors

• R&D focused on enhancing the thermal stability and corrosion resistance of magnets

Download FREE Sample Report: Global Welding Magnets Market – View in Detailed Research Report

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6️⃣ 5. MPCO MAGNETIC

Headquarters: Xiamen, Fujian, China
Key Offering: Custom Magnets, Magnetic Systems, and Components

MPCO MAGNETIC is a specialized manufacturer and global supplier of high-performance magnets and magnetic assemblies. The company provides a variety of welding magnets, including magnetic squares and adjustable angle holders, designed to meet the precise needs of metal fabrication shops and welding professionals.

Key Market Initiatives:

• Expertise in custom magnetic solutions for specialized applications

• Strong focus on international quality standards and certifications

• Competitive pricing driven by integrated manufacturing processes

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5️⃣ 6. Zhejiang Lishuai Magnetics

Headquarters: Yiwu, Zhejiang, China
Key Offering: Permanent Magnets, Magnetic Tools, and Hardware

Zhejiang Lishuai Magnetics is a significant player in the Chinese magnetic products industry, manufacturing a wide range of items including welding magnets. The company serves both domestic and international markets with products known for their reliability and strong magnetic force.

Key Market Initiatives:

• Production of magnets in various grades and sizes for different holding requirements

• Focus on expanding its global export footprint

• Investment in automated production to ensure consistent quality

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4️⃣ 7. YATE Magnetics

Headquarters: Xiamen, Fujian, China
Key Offering: Rare Earth Magnets, Magnetic Assemblies, and Application Products

YATE Magnetics is a leading supplier of neodymium magnets and magnetic products, with welding magnets being a key part of its portfolio. The company caters to industrial clients worldwide, providing solutions that improve efficiency in welding, lifting, and assembly operations.

Key Market Initiatives:

• Specialization in high-strength NdFeB magnets for demanding applications

• Commitment to technological innovation and product development

• Robust supply chain management ensuring timely global delivery

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3️⃣ 8. Ningbo Risheng Magnets

Headquarters: Ningbo, Zhejiang, China
Key Offering: Permanent Magnets, Magnetic Tools, and Components

Ningbo Risheng Magnets is a professional manufacturer focused on producing various types of permanent magnets and magnetic application products. The company’s welding magnets are widely used in construction, automotive repair, and general metalworking for their holding strength and durability.

Key Market Initiatives:

• Cost-effective manufacturing for competitive pricing in the global market

• Diversified product range to meet different customer specifications

• Focus on building long-term partnerships with international distributors

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2️⃣ 9. Dailymag

Headquarters: Ningbo, Zhejiang, China
Key Offering: Magnetic Materials, Tools, and Industrial Magnets

Dailymag is a specialized manufacturer and exporter of magnetic products, including a comprehensive line of welding magnets. The company leverages its technical expertise to produce magnets that offer reliable performance for professional welders and fabricators.

Key Market Initiatives:

• Development of user-friendly and versatile magnetic holding tools

• Strong emphasis on product quality control and customer satisfaction

• Active participation in global trade shows to expand market reach

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1️⃣ 10. Get Star Weld

Headquarters: Jiangsu, China
Key Offering: Welding Accessories, Magnetic Holders, and Clamps

Get Star Weld specializes in manufacturing welding accessories and equipment, with a focus on magnetic workholding solutions. The company produces magnetic angles, corners, and holders that are essential for achieving precise weld joints and improving workshop productivity.

Key Market Initiatives:

• Product design focused on ease of use and weld precision

• Targeted solutions for the construction and metal fabrication industries

• Competitive pricing strategy for budget-conscious professionals

Get Full Report Here: Global Welding Magnets Market – View in Detailed Research Report

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🌍 Outlook: The Future of Welding Magnets Is Smarter and More Integrated

The welding magnets market is evolving beyond basic holding tools toward integrated, smart solutions that enhance fabrication workflows. While traditional permanent magnets continue to dominate, the industry is seeing increased demand for specialized fixtures, ergonomic designs, and magnets compatible with automated welding systems.

📈 Key Trends Shaping the Market:

• Growing adoption of high-strength neodymium magnets for compact, powerful holding

• Increasing integration of magnetic workholding in robotic welding cells

• Rising demand from the renewable energy sector for wind tower and frame fabrication

• Expansion of construction and infrastructure projects in emerging economies driving market growth

Get Full Report Here: Global Welding Magnets Market – View in Detailed Research Report

The companies listed above are not only supplying essential tools for metal fabrication—they’re enabling greater precision, efficiency, and safety in workshops and construction sites worldwide.