The Global Welding Magnets Market was valued at USD 189.7 Million in 2023 and is projected to reach USD 265.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024–2030). This steady growth reflects the indispensable role these tools in fabrication, construction, and manufacturing, driven by industrial automation, infrastructure development, and the demand for precision and efficiency in metalworking.

As manufacturing sectors worldwide adopt advanced welding techniques and lean production principles, the focus sharpens on the companies providing the essential magnetic clamping solutions that ensure safety, accuracy, and productivity. In this blog, we profile the Top 10 Companies in the Welding Magnets Industry—a group of established manufacturers and innovators setting the standard for magnetic workholding technology.

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🔟 1. Eclipse Magnetics (Spear & Jackson)

Headquarters: Sheffield, United Kingdom
Key Offering: Magnetic Welding Clamps, Magnetic Chucks, Lifting Magnets

Eclipse Magnetics, part of the Spear & Jackson group, is a globally recognized leader in magnetic solutions. With a history spanning over a century, the company manufactures a comprehensive range of high-performance welding magnets known for their durability, precision, and strong holding power. Their products are essential in sectors from heavy fabrication to precision engineering.

Innovation & Market Position:

• Pioneer in switchable and permanent magnet technology

• ISO 9001 certified manufacturing with a focus on quality and safety

• Global distribution network serving industrial clients worldwide

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9️⃣ 2. Industrial Magnetics, Inc.

Headquarters: Boyne City, Michigan, USA
Key Offering: Workholding Magnets, Magnetic Separators, Assembly Tools

Industrial Magnetics, Inc. (IMI) is a prominent US-based manufacturer specializing in magnetic equipment for various industries. Their welding magnet product line includes stronghold magnets, corner magnets, and magnetic angles designed to withstand the rigors of welding environments, including high heat and spatter.

Innovation & Market Position:

• Extensive custom magnet design and engineering capabilities

• Focus on developing heat-resistant coatings for extended product life

• Strong presence in the North American industrial and automotive sectors

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8️⃣ 3. Master Magnetics

Headquarters: Castle Rock, Colorado, USA
Key Offering: Disc Magnets, Magnetic Holders, Pot Magnets

Master Magnetics is a leading US manufacturer and distributor of a wide array of permanent magnets and magnetic assemblies. While serving diverse markets, their welding-specific magnets are valued for their reliability and accessibility, making them a popular choice among professional welders, fabricators, and DIY enthusiasts.

Innovation & Market Position:

• Broad product portfolio catering to both industrial and retail markets

• Emphasis on user-friendly and versatile magnetic tool designs

• Robust e-commerce and distribution channels

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7️⃣ 4. Zhaobao Magnet Group

Headquarters: Ningbo, Zhejiang, China
Key Offering: Neodymium Magnets, Ferrite Magnets, Magnetic Tools

Zhaobao Magnet Group is one of China’s largest manufacturers of permanent magnets and magnetic applications. The company supplies raw magnets and finished magnetic products, including specialized welding clamps, to a global customer base, leveraging cost-effective production and substantial manufacturing capacity.

Innovation & Market Position:

• Large-scale production of rare-earth neodymium magnets

• Integrated supply chain from raw materials to finished products

• Key supplier to international tool brands and OEMs

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6️⃣ 5. MPCO MAGNETIC

Headquarters: Xiamen, Fujian, China
Key Offering: Custom Magnetic Assemblies, Welding Magnets, Lifting Magnets

MPCO MAGNETIC is a global supplier specializing in advanced magnetic materials and engineered solutions. The company provides high-quality welding magnets designed for precise alignment and strong holding force, catering to the needs of the metalworking, automotive, and aerospace industries.

Innovation & Market Position:

• Expertise in custom magnetic solutions for complex applications

• Strong R&D focus on improving magnetic strength and thermal stability

• Compliance with international quality and safety standards

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5️⃣ 6. Zhejiang Lishuai Magnetics

Headquarters: Yiwu, Zhejiang, China
Key Offering: Permanent Magnets, Magnetic Clamps, Magnetic Bases

Zhejiang Lishuai Magnetics is a significant manufacturer in the Chinese magnetic products industry. The company produces a wide range of welding magnets, known for their competitive pricing and consistent performance, serving both domestic and international markets.

Innovation & Market Position:

• Focus on cost-effective manufacturing without compromising core functionality

• Growing export business to Southeast Asia, Europe, and North America

• Continuous improvement in product design for enhanced usability

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4️⃣ 7. YATE Magnetics

Headquarters: Xiamen, Fujian, China
Key Offering: Neodymium Iron Boron Magnets, Magnetic Tools, Welding Magnets

YATE Magnetics is a professional manufacturer of high-performance neodymium magnets and magnetic applications. Their welding magnets leverage the superior strength of rare-earth materials to provide powerful holding solutions for demanding fabrication tasks.

Innovation & Market Position:

• Specialization in high-grade neodymium magnet production

• Products designed for high-tolerance industrial applications

• Strategic partnerships with industrial equipment distributors

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

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3️⃣ 8. Ningbo Risheng Magnets

Headquarters: Ningbo, Zhejiang, China
Key Offering: Permanent Magnets, Magnetic Assemblies, Welding Holders

Ningbo Risheng Magnets is an established manufacturer focused on producing permanent magnets and related products. The company’s welding magnets are widely used in workshops and manufacturing plants, offering a reliable solution for positioning and clamping during welding operations.

Innovation & Market Position:

• Efficient production processes enabling competitive market positioning

• Adaptation of product lines to meet specific regional and industrial standards

• Strong supply chain management for consistent material sourcing

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2️⃣ 9. Dailymag

Headquarters: Ningbo, Zhejiang, China
Key Offering: Magnetic Tools, Welding Clamps, Pot Magnets

Dailymag is a specialized manufacturer and exporter of magnetic products, with a significant focus on tools for the welding and fabrication industry. The company is recognized for providing durable and practical magnetic solutions that enhance workflow efficiency.

Innovation & Market Position:

• Product designs focused on practicality and operator safety

• Direct export model to global hardware and industrial suppliers

• Commitment to stringent quality control for product longevity

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1️⃣ 10. Get Star Weld

Headquarters: Dongguan, Guangdong, China
Key Offering: Welding Positioners, Welding Magnets, Fabrication Tools

Get Star Weld specializes in manufacturing welding accessories and equipment. Their magnetic welding holders are designed to be robust and user-friendly, complementing their broader range of welding solutions aimed at improving accuracy and productivity in metal fabrication.

Innovation & Market Position:

• Integrated product range offering complete welding workstation solutions

• Focus on the needs of small to medium-sized fabrication shops

• Growing brand recognition in emerging markets

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 clamping tools. As manufacturing embraces Industry 4.0, the demand is shifting towards specialized, durable, and integrated magnetic solutions that contribute to automated production lines and precision fabrication.

📈 Key Trends Shaping the Market:

• Development of heat-resistant and spatter-proof coatings for longer tool life

• Integration of magnets with modular fixturing systems for flexible manufacturing

• Growing demand for high-strength neodymium magnets in specialized applications

• Expansion of the construction and automotive sectors in Asia-Pacific 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 today’s workshops—they are driving the innovation and reliability that underpin modern manufacturing and construction.