The Global Pressed Plastic-bonded Permanent Magnets Market was valued at USD 289 Million in 2024 and is projected to reach USD 427 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2032). This expansion is fueled by surging demand from electric vehicles, consumer electronics miniaturization, and medical device advancements, combined with breakthroughs in polymer matrix bonding technologies.

As industries worldwide prioritize energy-efficient components and compact designs, pressed plastic-bonded magnets have become indispensable in motors, sensors and specialized actuators. These advanced materials blend isotropic NdFeB powder with high-performance polymers, delivering unprecedented corrosion resistance and design flexibility. Here we analyze the Top 10 Companies in the Pressed Plastic-bonded Permanent Magnets Industry – innovators setting new benchmarks for magnetic performance while navigating evolving environmental regulations.

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🔟 1. Daido Electronics

Headquarters: Tokyo, Japan
Key Offering: Precision NdFeB magnets with ultra-thin electrophoresis coatings

A pioneer in pressed magnet technology, Daido Electronics commands 22% of the global market share through its patented high-density compaction processes. The company’s magnets power over 50 million automotive sensors annually, with particular dominance in hybrid vehicle transmission systems.

Innovation Highlights:

• Industry-leading 99.2% density ratio at mass production scale

• World’s first 200°C rated formulation for EV battery cooling systems

• Zero-defect manufacturing with AI-powered quality control

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Pressed Plastic-bonded Permanent Magnets Market – View in Detailed Research Report

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9️⃣ 2. Arnold Magnetic Technologies

Headquarters: Rochester, New York, USA
Key Offering: Mission-critical magnets for aerospace and defense

Arnold’s Magnum PE series delivers 15% higher flux stability than industry standards, making them the preferred choice for satellite guidance systems and military drone actuators. Their proprietary powder metallurgy techniques enable complex multi-pole configurations impossible with conventional methods.

Innovation Highlights:

• Rad-hard formulations certified for space applications

• DOD-funded development of cobalt-free magnet chemistries

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8️⃣ 3. Hengdian Group DMEGC Magnetics

Headquarters: Dongyang, China
Key Offering: High-volume magnet solutions for consumer electronics

As Asia’s largest producer, DMEGC manufactures over 300 million magnet components yearly for smartphone vibration motors and wireless charging pads. Their fully integrated supply chain – from rare earth refining to finished magnets – ensures stable pricing amid volatile raw material markets.

Innovation Highlights:

• 5G-compatible anti-interference magnet arrays

• Closed-loop water treatment across all production sites

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7️⃣ 4. Magnetfabrik Bonn

Headquarters: Bonn, Germany
Key Offering: Extreme-environment magnet solutions

This precision engineering firm specializes in automotive applications where temperatures exceed 180°C. Their PowerDrive® magnets enable compact designs for electric power steering systems in 12 major OEM platforms.

Innovation Highlights:

• Industry-first magnetic flux monitoring smart coatings

• Joint development program with Continental AG

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Pressed Plastic-bonded Permanent Magnets Market – View in Detailed Research Report

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6️⃣ 5. Tokyo Ferrite

Headquarters: Tokyo, Japan
Key Offering: Hybrid rare-earth/ferrite composites

Tokyo Ferrite’s breakthrough material science reduces rare-earth content by 40% while maintaining 90% performance metrics. Their EcoMag® line now powers Toyota’s latest hybrid models, achieving 15% cost savings versus conventional designs.

Innovation Highlights:

• Quantum material simulation platform

• Exclusive supplier for Honda HVAC systems

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5️⃣ 6. JL Mag Rare-Earth

Headquarters: Ganzhou, China
Key Offering: Sub-millimeter magnets for wearables

Specializing in ultra-thin solutions below 0.3mm, JL Mag enables compact designs in smart glasses and medical patches. Their nano-layer deposition technology achieves complex 3D geometries unattainable with sintered alternatives.

Innovation Highlights:

• FDA-approved biocompatible coatings

• 0.15mm magnets for foldable display mechanisms

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4️⃣ 7. Mate

Headquarters: Prague, Czech Republic
Key Offering: Integrated magnetic assemblies

Mate combines pressed magnets with embedded sensors to create smart motion solutions for industrial robots. Their modular designs reduce part counts in packaging lines by 35%, cutting assembly time and maintenance costs.

Innovation Highlights:

• Self-calibrating magnetic encoder systems

• IoT-enabled predictive maintenance features

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3️⃣ 8. Ningbo Yunsheng

Headquarters: Ningbo, China
Key Offering: High-reliability wind turbine magnets

As lead supplier to Siemens Gamesa and Goldwind, Ningbo Yunsheng’s marine-grade magnets demonstrate less than 0.5% flux degradation after 10 years in offshore environments. Their segmented designs enable easier turbine maintenance.

Innovation Highlights:

• Salt-mist resistant nano-ceramic coatings

• 75% recycled rare-earth content

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2️⃣ 9. Advanced Technology & Materials

Headquarters: Beijing, China
Key Offering: Next-generation magnetic materials

This government-backed research leader holds 247 patents in advanced magnet technologies. Their laboratories recently developed graphene-enhanced polymers that increase temperature resistance by 25%.

Innovation Highlights:

• Single-crystal magnet powder production

• Military-grade radiation shielding formulations

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1️⃣ 10. Max Baermann

Headquarters: Cologne, Germany
Key Offering: Medical imaging magnet solutions

Baermann’s pressed magnet division supplies ultra-homogeneous magnetic arrays for MRI machines, achieving field uniformity under 5 ppm. Their radiolucent formulations are transforming surgical navigation systems.

Innovation Highlights:

• Zero-artifact MRI components

• Sterilizable surgical robotics magnets

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Pressed Plastic-bonded Permanent Magnets Market – View in Detailed Research Report

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🌍 Roadmap: The Future of Pressed Magnets in a Connected World

The pressed plastic-bonded magnet sector stands at an inflection point, with traditional applications converging with Industry 4.0 requirements. Emerging technologies are creating unprecedented opportunities across multiple sectors.

📈 Critical Industry Developments:

• EV motor demand driving 18% annual magnet volume growth

• Material innovations pushing operational limits beyond 220°C

• Generative AI accelerating magnet design cycles by 50%

• Circular economy initiatives achieving 97% rare-earth recovery

Get Full Report Here:
Pressed Plastic-bonded Permanent Magnets Market – View in Detailed Research Report

The featured companies represent more than magnet manufacturers – they’re architecting the foundation for tomorrow’s electromechanical systems across industries.