The Global NdFeB Bonded Magnet Market was valued at USD 1.89 Billion in 2025 and is projected to reach USD 2.70 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2024–2030). This expansion is fueled by the escalating demand for miniaturized, high-performance magnets across the automotive, electronics, and renewable energy sectors, alongside advances in manufacturing processes like injection and compression molding.

As industries worldwide push for greater efficiency and power density in their products, the role of neodymium iron boron (NdFeB) bonded magnets has become increasingly critical. These magnets offer a compelling combination of strong magnetic properties, complex shape capabilities, and cost-effectiveness. This blog profiles the Top 10 Companies in the NdFeB Bonded Magnet Industry—a diverse group of material scientists, manufacturing giants, and innovators who are powering the next generation of technological applications.

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🔟 1. Magnequench

Headquarters: Singapore
Key Offering: MQP™ Bonded NdFeB Magnetic Powder, Anisotropic and Isotropic Magnets

Magnequench, a subsidiary of Neo Performance Materials, is a global pioneer in the production of NdFeB magnetic powders and the technology for bonded magnets. The company’s proprietary MQP powders are the foundation for high-performance bonded magnets used in precision motors, sensors, and actuators worldwide.

Innovation & Market Leadership:

• Leading supplier of anisotropic NdFeB powder for high-energy bonded magnets
• Focus on developing powders for high-temperature automotive and industrial applications
• Strategic partnerships with global magnet manufacturers and end-users

Download FREE Sample Report: NdFeB Bonded Magnet Market – View in Detailed Research Report

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9️⃣ 2. Daido Electronics Co., Ltd.

Headquarters: Kyoto, Japan
Key Offering: Bonded NdFeB Magnets, Sintered NdFeB Magnets

Daido Electronics is a key Japanese player with expertise in both sintered and bonded NdFeB magnet technologies. The company serves a wide range of industries, including office automation equipment, automotive components, and home appliances, with a strong emphasis on quality and precision.

Innovation & Market Leadership:

• Integrated production from alloy to finished magnet
• Strong focus on the Asian market, particularly Japan and China
• Development of corrosion-resistant bonded magnet grades

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8️⃣ 3. Galaxy Magnets

Headquarters: Weihai, China
Key Offering: Bonded NdFeB Magnets, Sintered NdFeB Magnets, Ferrite Magnets

Galaxy Magnets is one of China’s prominent manufacturers of permanent magnets, with a significant production capacity for both bonded and sintered NdFeB. The company’s extensive product portfolio caters to the booming consumer electronics and automotive markets in the Asia-Pacific region and beyond.

Innovation & Market Leadership:

• Large-scale production capabilities for cost-competitive magnet solutions
• Vertically integrated operations controlling material sourcing and processing
• Expanding global footprint to serve international OEMs

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7️⃣ 4. TDK Corporation

Headquarters: Tokyo, Japan
Key Offering: Neorem® Bonded NdFeB Magnets, Ferrite Magnets

TDK is a global electronics giant with a formidable presence in the magnetic materials sector. Its Neorem® brand of bonded NdFeB magnets is renowned for high performance and reliability, finding applications in hard disk drives, automotive systems, and industrial automation.

Innovation & Market Leadership:

• Strong R&D focus on improving magnetic energy product and thermal stability
• Global supply chain and technical support network
• Integration of magnets into broader electronic component solutions for customers

Download FREE Sample Report: NdFeB Bonded Magnet Market – View in Detailed Research Report

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6️⃣ 5. Zhong Ke San Huan Hi-Tech Co., Ltd.

Headquarters: Beijing, China
Key Offering: Sintered and Bonded NdFeB Magnets

As one of China’s oldest and largest NdFeB magnet producers, Zhong Ke San Huan (also known as China Rare Earth Magnet) holds a significant market share. The company possesses advanced R&D capabilities and a vast manufacturing base, supplying magnets for everything from wind turbines to precision instruments.

Innovation & Market Leadership:

• Pioneering role in China’s rare-earth magnet industry
• Extensive intellectual property portfolio related to NdFeB technology
• Strategic focus on high-end applications in new energy and energy-saving sectors

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5️⃣ 6. Ningbo Yunsheng Co., Ltd.

Headquarters: Ningbo, China
Key Offering: Sintered NdFeB, Bonded NdFeB, Samarium Cobalt Magnets

Ningbo Yunsheng is a major Chinese manufacturer with a comprehensive product line of high-performance permanent magnets. The company has a strong export business and supplies magnets to a global clientele in the automotive, medical, and acoustic industries.

Innovation & Market Leadership:

• Diversified magnet portfolio catering to various performance and cost requirements
• Significant investments in automation and production efficiency
• Robust quality management systems meeting international standards

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4️⃣ 7. Arnold Magnetic Technologies

Headquarters: Rochester, New York, USA
Key Offering: Bonded NdFeB, Sintered NdFeB, Alnico, and Samarium Cobalt Magnets

Arnold Magnetic Technologies is a leading US-based manufacturer of precision permanent magnets and assemblies. With a history dating back over a century, the company specializes in engineered solutions for demanding applications in aerospace, defense, medical technology, and high-performance motors.

Innovation & Market Leadership:

• Expertise in custom magnet design and complex assembly fabrication
• Strong presence in high-reliability, mission-critical markets
• Focus on value-added services including magnetization, coating, and kitting

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3️⃣ 8. DMEGC (Dongyang Permanent Magnet Factory)

Headquarters: Dongyang, China
Key Offering: Ferrite Magnets, NdFeB Bonded and Sintered Magnets

DMEGC is a significant force in the global permanent magnet market, initially renowned for its ferrite magnets and now a major producer of NdFeB. The company leverages its manufacturing scale and cost advantages to serve price-sensitive high-volume markets.

Innovation & Market Leadership:

• One of the world’s largest manufacturers of permanent magnets by volume
• Competitive pricing strategy for mass-market applications
• Continuous expansion of NdFeB production capacity to meet growing demand

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2️⃣ 9. MS-Schramberg GmbH & Co. KG

Headquarters: Schramberg, Germany
Key Offering: Plastic-Bonded Permanent Magnets (PbPM), Magnetic Assemblies

MS-Schramberg is a European specialist in plastic-bonded permanent magnets, with a strong focus on NdFeB and strontium ferrite materials. The German company is known for its high-precision injection molding capabilities and expertise in creating complex, net-shape magnetic components for the automotive and electronics industries.

Innovation & Market Leadership:

• Specialization in complex, multi-pole magnetized components
• Strong engineering support and custom solution development for European OEMs
• Focus on automation and Industry 4.0 principles in manufacturing

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1️⃣ 10. Advanced Technology & Materials Co., Ltd. (AT&M)

Headquarters: Beijing, China
Key Offering: Sintered NdFeB, Bonded NdFeB, Rare Earth Metals and Alloys

AT&M is a high-tech Chinese enterprise engaged in the research, production, and sale of advanced materials, including a wide range of NdFeB magnets. As a subsidiary of the state-owned China Iron & Steel Research Institute Group, it has strong backing for R&D and a focus on high-end applications.

Innovation & Market Leadership:

• Strong vertical integration from rare earth processing to finished magnets
• Significant investment in R&D for next-generation magnet materials
• Focus on serving strategic sectors like new energy vehicles and industrial automation

Get Full Report Here: NdFeB Bonded Magnet Market – View in Detailed Research Report

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🌍 Outlook: The Future of NdFeB Bonded Magnets is Smarter and More Sustainable

The NdFeB bonded magnet market is undergoing a significant transformation. While traditional applications continue to drive volume, the industry is innovating to meet the demands of electromobility, renewable energy, and miniaturized electronics. The key challenge remains navigating the supply chain for rare earth elements, particularly neodymium and dysprosium, prompting research into material efficiency and recycling.

📈 Key Trends Shaping the Market:

• Surging demand from the electric vehicle sector for motors and sensors
• Development of heavy rare-earth-free or reduced bonded magnet grades for cost and supply stability
• Advancements in bonding polymers and processes for higher temperature stability
• Growth in demand for complex, net-shape magnets in consumer electronics and medical devices

Get Full Report Here: NdFeB Bonded Magnet Market – View in Detailed Research Report

The companies profiled above are not only supplying critical components for modern technology—they are at the forefront of material science innovation, enabling a more efficient and electrified future.