Top 10 Companies in the Ferrite Circular Disc Magnet Market (2026): Market Leaders Driving Global Demand

MARKET INSIGHTS

Global Ferrite Circular Disc Magnet market size was valued at USD 980 million in 2024. The market is projected to grow from USD 1.05 billion in 2025 to USD 1.72 billion by 2034, exhibiting a CAGR of 7.3% during the forecast period.

Ferrite Circular Disc Magnets are round coin‑shaped ceramic magnets made from strontium or barium ferrite compounds. These permanent magnets offer excellent corrosion resistance and cost‑effectiveness compared to rare‑earth alternatives, making them ideal for applications requiring moderate magnetic strength. Their key characteristics include high coercivity, thermal stability up to 250°C, and consistent performance across varying environmental conditions.

The market growth is driven by increasing demand from consumer electronics, automotive sensors, and industrial equipment sectors. While the refrigerator magnet segment remains a traditional application, emerging uses in renewable energy systems and medical devices present new opportunities. However, competition from rare‑earth magnets in high‑performance applications poses a challenge. Leading manufacturers like TDK and Ningbo Yunsheng are investing in advanced ferrite formulations to enhance magnetic properties while maintaining cost advantages.

Ferrite Circular Disc Magnet Market – View in Detailed Research Report

Top 10 Companies in the Ferrite Circular Disc Magnet Market (2026)

1. TDK Corporation

Headquarters: Tokyo, Japan
Key Offering: Strontium ferrite discs for automotive sensors, industrial automation, and consumer electronics.

TDK is a global leader in ferrite magnet technology, leveraging extensive R&D to deliver high‑coercivity magnets that meet stringent automotive and industrial standards. Their production facilities integrate advanced sintering and magnetization processes, ensuring consistent performance and scalability.

Sustainability Initiatives:

• Investing in energy‑efficient manufacturing lines to reduce carbon footprint.
• Developing recycling programs for end‑of‑life magnets.
• Collaborating with OEMs to design magnets with lower environmental impact.

2. Ningbo Yunsheng Co., Ltd.

Headquarters: Ningbo, China
Key Offering: Custom‑shaped strontium and barium ferrite discs for automotive power steering, battery management, and medical devices.

With a production capacity exceeding 10,000 tonnes per year, Ningbo Yunsheng supplies high‑volume OEMs across Asia and Europe. Their focus on process optimization has lowered production costs while maintaining high magnetic performance.

Sustainability Initiatives:

• Implementing waste‑heat recovery systems in sintering furnaces.
• Using locally sourced iron oxide to reduce transportation emissions.
• Partnering with green tech firms to develop low‑VOC binders.

3. Galaxy Magnets

Headquarters: Shanghai, China
Key Offering: Standard and custom strontium ferrite discs for consumer electronics, craft making, and industrial sensors.

Galaxy Magnets specializes in rapid prototyping and small‑batch production, enabling quick turnaround for niche applications. Their flexible manufacturing model supports OEMs in emerging markets.

Sustainability Initiatives:

• Adopting ISO 14001 certified processes.
• Using renewable electricity in manufacturing facilities.
• Providing eco‑friendly packaging options for end‑users.

4. Hangseng (Ningbo) Magnetech

Headquarters: Ningbo, China
Key Offering: Strontium ferrite discs for automotive sensors, industrial automation, and renewable energy components.

Hangseng Magnetech focuses on high‑quality magnets for safety‑critical applications. Their stringent quality control processes ensure compliance with automotive safety standards.

Sustainability Initiatives:

• Implementing water‑recycling systems in production lines.
• Using biodegradable binders in magnet formulations.
• Collaborating with research institutes on advanced nanostructured ferrites.

5. MS-Schramberg GmbH & Co. KG

Headquarters: Munich, Germany
Key Offering: High‑temperature resistant and anisotropic strontium ferrite discs for aerospace, automotive, and industrial applications.

MS-Schramberg is renowned for precision engineering and high‑quality standards. Their magnets are widely used in high‑performance sensors and motors where reliability is paramount.

Sustainability Initiatives:

• Adhering to EU RoHS and REACH regulations.
• Optimizing material usage to minimize waste.
• Engaging in lifecycle assessment studies for product sustainability.

6. DMEGC (Dongyang Magnet)

Headquarters: Dongyang, China
Key Offering: Strontium and barium ferrite discs for industrial machinery, consumer electronics, and medical equipment.

DMEGC integrates vertical supply chain management, from raw material sourcing to finished products, ensuring cost efficiency and rapid delivery.

Sustainability Initiatives:

• Implementing closed‑loop water usage in manufacturing.
• Using renewable energy sources for production lines.
• Developing low‑temperature sintering processes to reduce energy consumption.

7. Shenzhen Magnet Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Strontium ferrite discs for consumer electronics, automotive accessories, and IoT devices.

Shenzhen Magnet focuses on high‑volume production for rapidly growing IoT markets, offering competitive pricing and fast lead times.

Sustainability Initiatives:

• Adopting LED lighting to reduce energy usage.
• Using recyclable packaging materials.
• Collaborating with local universities on magnet material research.

8. Zhenhai Magnet Co., Ltd.

Headquarters: Zhenhai, China
Key Offering: Custom ferrite discs for automotive sensors, industrial automation, and renewable energy systems.

Zhenhai Magnet provides flexible manufacturing capabilities, allowing OEMs to customize magnet size and magnetic properties.

Sustainability Initiatives:

• Implementing waste‑heat recovery in sintering furnaces.
• Using locally sourced raw materials to reduce carbon emissions.
• Participating in regional sustainability forums.

9. Jiangsu Magnet Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Strontium and barium ferrite discs for industrial equipment, consumer electronics, and medical devices.

Jiangsu Magnet emphasizes high‑precision magnetization techniques to achieve superior magnetic performance.

Sustainability Initiatives:

• Adopting ISO 9001 and ISO 14001 certifications.
• Using renewable energy for production processes.
• Developing eco‑friendly binders for magnet production.

10. Yantai Magnet Co., Ltd.

Headquarters: Yantai, China
Key Offering: Strontium ferrite discs for automotive applications, industrial automation, and renewable energy components.

Yantai Magnet focuses on rapid prototyping and small‑batch production, catering to niche OEMs and research institutions.

Sustainability Initiatives:

• Implementing water‑recycling systems.
• Using renewable energy in manufacturing.
• Engaging in community sustainability programs.

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Outlook: The Future of Ferrite Circular Disc Magnet Market

The Ferrite Circular Disc Magnet market is poised for sustained growth driven by expanding consumer electronics, automotive sensor demand, and industrial automation. Technological advancements in additive manufacturing and nanostructured ferrites are expected to broaden application horizons, while the shift toward renewable energy and medical devices will further diversify market segments. Manufacturers that invest in process efficiency and sustainability will capture increasing market share.

Future Trends Shaping the Market

• Adoption of additive manufacturing for complex magnet geometries.
• Development of nanostructured ferrites to bridge performance gaps with rare‑earth magnets.
• Expansion into renewable energy systems such as wind turbine generators.
• Growing demand for eco‑friendly, low‑VOC binder technologies.
• Increasing regulatory focus on hazardous materials, boosting demand for ferrite alternatives.