Plastic Bonded Magnets Sales

Plastic Bonded Magnets Sales Market Outlook

The global plastic bonded magnets market is projected to reach approximately USD 3.5 billion by 2033, growing at a compound annual growth rate (CAGR) of about 6.2% during the forecast period from 2025 to 2033. This growth can be attributed to the increasing demand for lightweight and high-performance magnetic materials across various industries, including automotive, electronics, and renewable energy sectors. The rising trend of miniaturization in electronic devices is also driving the market, as manufacturers seek to integrate more efficient and compact magnetic solutions. Additionally, advancements in plastic bonding technology are enhancing the efficiency and application of these magnets, further propelling market growth. The surge in electric vehicles and renewable energy technologies is expected to create substantial opportunities for plastic bonded magnets, particularly in the automotive and aerospace sectors.

Growth Factor of the Market

The growth of the plastic bonded magnets market is significantly influenced by various factors that enhance their demand across several key industries. The push for energy efficiency and lightweight materials has become a critical focus for manufacturers, leading to an increased adoption of plastic bonded magnets in diverse applications, notably in electric vehicles and consumer electronics. Furthermore, the continuous advancements in bonding technologies and materials are enabling manufacturers to produce magnets with superior properties, such as better thermal stability and corrosion resistance, which are crucial for high-performance applications. The globalization of supply chains and the integration of advanced technologies are also playing a vital role in expanding the manufacturing capabilities, thus increasing the availability and affordability of plastic bonded magnets. Additionally, increasing environmental regulations are prompting industries to adopt more sustainable materials and manufacturing practices, driving the demand for plastic bonded magnets due to their recyclable nature and lower environmental impact. These combined factors are creating a robust growth trajectory for the plastic bonded magnets market.

Key Highlights of the Market

• Projected market size of USD 3.5 billion by 2033.
• CAGR of 6.2% from 2025 to 2033.
• High demand from automotive and electronics sectors.
• Advancements in bonding technologies enhancing performance.
• Growing trend of miniaturization in electronic devices.

By Product Type

Flexible Plastic Bonded Magnets:

Flexible plastic bonded magnets are known for their versatility and adaptability, making them a popular choice in applications requiring a certain degree of flexibility. These magnets can be easily cut, shaped, or manipulated to fit various designs, allowing manufacturers to utilize them in diverse products ranging from refrigerator magnets to flexible magnetic sheets used in various consumer goods. The ability to produce these magnets in different thicknesses and with different adhesive properties enhances their usability in numerous applications, making them a key segment within the plastic bonded magnets market. The growth of the consumer products industry is expected to further drive demand in this segment, as manufacturers increasingly seek custom solutions for their magnetic needs.

Injection Molded Plastic Bonded Magnets:

Injection molded plastic bonded magnets are produced using advanced molding techniques, allowing for the creation of complex shapes and intricate designs. This manufacturing process provides high precision and uniformity, making them ideal for applications that require exact specifications. They are commonly utilized in automotive sensors, electronic devices, and various industrial applications. The reliability and durability of injection molded magnets are critical for their performance in harsh environments. As industries demand higher efficiency and greater precision, the injection molded segment is likely to experience substantial growth, catering to the evolving needs of modern manufacturing.

Compression Bonded Plastic Magnets:

Compression bonded plastic magnets are manufactured through a process that involves compressing powdered magnetic materials with a thermoplastic binder. This method allows the production of high-density magnets with improved magnetic properties. They are often used in applications where high performance and durability are essential, such as in motors and generators. The growing demand in industrial applications, particularly in heavy machinery and automotive components, is expected to drive the growth of compression bonded plastic magnets. This segment benefits from its ability to provide strong magnetic fields while maintaining a lightweight profile, making them suitable for modern engineering applications.

Extruded Plastic Bonded Magnets:

Extruded plastic bonded magnets are produced through an extrusion process that enables the formation of long and continuous magnetic strips or sections. This type of magnet is particularly advantageous for applications requiring specific dimensions and lengths, such as in automotive and rail industries for sealing and holding applications. The ease of customization and the ability to produce magnets with varying thickness and magnetic strength make extruded magnets a favorable choice in various sectors. The demand for these magnets is expected to rise as industries continue to seek tailored solutions that fit their unique requirements.

Hybrid Plastic Bonded Magnets:

Hybrid plastic bonded magnets combine different magnetic materials to enhance their overall performance and magnetic properties. This innovative approach allows manufacturers to create magnets that exhibit superior characteristics, such as higher energy density and improved thermal stability. Hybrid magnets are particularly useful in high-performance applications, including aerospace and advanced automotive systems where reliability and efficiency are paramount. The growing trend towards integrating hybrid technologies in magnetic applications is likely to drive significant growth in this segment, as more industries recognize the benefits of utilizing hybrid plastic bonded magnets in their products.

By Application

Automotive:

The automotive industry is one of the largest consumers of plastic bonded magnets, owing to the increasing integration of electronic devices and systems in modern vehicles. Plastic bonded magnets are utilized in various applications, including motors, sensors, and actuators, where lightweight and high-performance magnets are essential. With the rise of electric vehicles and hybrid systems, the demand for efficient magnetic solutions is expected to grow significantly. The automotive sector's focus on reducing weight to improve energy efficiency and performance further drives the adoption of plastic bonded magnets in this industry.

Electronics:

In the electronics sector, plastic bonded magnets play a crucial role in the design and functionality of a wide range of devices, from smartphones to home appliances. These magnets are often used in speakers, microphones, and sensors, where their compact size and lightweight properties are highly advantageous. The ongoing advancements in technology and the increasing demand for miniaturized electronic components are expected to fuel the growth of this segment. As consumer electronics become more sophisticated, the need for reliable and efficient magnetic solutions will continue to rise, positioning plastic bonded magnets as a vital component in electronics manufacturing.

Industrial:

The industrial sector has witnessed a growing demand for plastic bonded magnets, especially in automation and manufacturing processes. These magnets are commonly used in conveyor systems, lifting devices, and magnetic separation equipment. Their ability to provide strong and reliable magnetic fields while being lightweight offers significant benefits for various industrial applications. As industries increasingly adopt automation and robotics to enhance efficiency, the demand for plastic bonded magnets in industrial settings is expected to grow substantially. The need for durable and high-performance magnets will drive innovation and development in this segment.

Medical:

In the medical field, plastic bonded magnets are utilized in several applications, including MRI machines, medical imaging equipment, and consumer health devices. Their biocompatibility and non-toxic characteristics make them suitable for use in various medical applications where safety is paramount. Additionally, the trend toward developing portable and compact medical devices drives the demand for lightweight magnets that do not compromise on performance. The growth of home healthcare devices and telemedicine solutions is expected to further propel the use of plastic bonded magnets in the medical sector, as manufacturers seek innovative solutions to meet the evolving needs of the industry.

Aerospace:

The aerospace industry relies on high-performance materials that can withstand extreme conditions, and plastic bonded magnets are increasingly being adopted in this sector. They are utilized in various applications, including satellite systems, navigation equipment, and avionics. The lightweight nature of plastic bonded magnets helps reduce the overall weight of aerospace components, contributing to fuel efficiency and improved performance. As the demand for advanced aerospace technologies continues to rise, driven by the need for more efficient and reliable systems, the plastic bonded magnets market in this sector is expected to experience robust growth.

By Distribution Channel

Online Stores:

Online stores have become a significant distribution channel for plastic bonded magnets, providing customers with easy access to a wide range of products. The convenience of online shopping, coupled with the ability to compare prices and specifications, has led to an increase in the purchase of magnets through e-commerce platforms. The growing trend of digitalization and the rise of online retailers specializing in industrial products are expected to facilitate further growth in this segment. As customers seek more convenient purchasing options, online sales are poised to become an increasingly popular distribution channel in the plastic bonded magnets market.

Direct Sales:

Direct sales remain a vital distribution channel for plastic bonded magnets, especially for companies catering to large-scale industrial clients. Manufacturers often engage directly with businesses to provide customized solutions and bulk purchasing options. This approach allows for better customer service and the ability to build long-term relationships with clients. As industries require tailored products to meet specific needs, direct sales channels will play a crucial role in ensuring that customers receive the appropriate technical support and high-quality magnets that meet their requirements.

Indirect Sales:

Indirect sales through distributors and resellers are another important channel for the distribution of plastic bonded magnets. This channel provides manufacturers with the opportunity to reach a broader customer base by leveraging established distributor networks. Distributors often have extensive knowledge of the market and can provide valuable insights into customer preferences and industry trends. As manufacturers seek to expand their reach and improve market penetration, indirect sales channels are likely to grow in significance, allowing for wider distribution of plastic bonded magnets across various sectors.

OEMs:

Original Equipment Manufacturers (OEMs) play a critical role in the distribution of plastic bonded magnets, as these components are often integrated into larger systems and products. OEM partnerships allow manufacturers of plastic bonded magnets to secure long-term contracts and establish ongoing relationships with key players in various industries, including automotive, electronics, and industrial sectors. The reliance on OEMs for high-quality components is expected to increase as industries continue to prioritize performance and reliability in their products, further driving demand for plastic bonded magnets through this channel.

Aftermarket:

The aftermarket segment for plastic bonded magnets includes sales targeted at replacement parts and upgrades for existing products. As industries evolve and customers seek to enhance their current systems or replace outdated components, the demand for aftermarket plastic bonded magnets is expected to grow. This segment is particularly relevant in industries where equipment longevity is critical, and the need for reliable components persists. The growth of the aftermarket channel will be driven by the continuous innovation in magnet applications and the need for businesses to maintain competitive performance.

By Material Type

Ferrite:

Ferrite magnets are one of the most commonly used materials in the plastic bonded magnets market due to their cost-effectiveness and robustness. They are widely utilized in various applications, including consumer electronics, automotive, and industrial devices. The low production cost and good magnetic properties of ferrite magnets make them an attractive option for manufacturers seeking affordable solutions. As demand for economical yet effective magnetic materials continues to grow, ferrite magnets are likely to maintain a significant share in the plastic bonded magnets market.

NdFeB:

Neodymium Iron Boron (NdFeB) magnets are known for their exceptional magnetic strength and energy density. These magnets are widely used in high-performance applications, including electric motors, generators, and magnetic assemblies. The increasing demand for compact and efficient magnetic solutions in industries such as automotive and electronics is expected to drive the growth of NdFeB magnets within the plastic bonded magnets market. Their superior performance characteristics make them ideal for applications requiring high reliability and efficiency, solidifying their position as a key material in the sector.

SmCo:

Samarium Cobalt (SmCo) magnets are characterized by their excellent thermal stability and resistance to corrosion. These properties make them suitable for high-temperature applications and harsh environments, such as aerospace and military applications. The growing emphasis on developing advanced technologies is likely to boost the demand for SmCo magnets in the plastic bonded magnets market. Their ability to perform reliably under extreme conditions positions them as a valuable option for manufacturers seeking high-performance magnetic solutions.

Alnico:

Alnico magnets, made from a combination of aluminum, nickel, and cobalt, possess unique magnetic properties and are often used in specialized applications where high-temperature stability is essential. These magnets are commonly found in electric guitars, microphones, and industrial sensors. Although they may not be as widely used as other types, the demand for alnico magnets in niche markets is expected to sustain their presence in the plastic bonded magnets market. Their specialized applications ensure that alnico magnets remain a relevant choice for certain industries.

Others:

The 'Others' category encompasses various alternative magnetic materials that may be used in specific applications within the plastic bonded magnets market. This includes materials such as rare earth magnets and custom formulations developed for unique requirements. The growth of innovative technologies and the demand for specialized solutions are expected to drive the development and use of alternative magnetic materials. As industries seek to differentiate their products and achieve specific performance criteria, the 'Others' segment will likely see an increase in applications and utilization.

By Region

The North American plastic bonded magnets market is anticipated to hold a significant market share due to the presence of key industries such as automotive, electronics, and healthcare. With the increasing demand for lightweight and efficient materials in these sectors, manufacturers are turning to plastic bonded magnets for various applications. The region's focus on innovation and technological advancements is expected to fuel market growth, with projections indicating a CAGR of approximately 5.5% during the forecast period. The automotive industry's shift towards electric vehicles and the growing electronics sector are likely to drive substantial growth in North America, making it a pivotal region for the plastic bonded magnets market.

In Europe, the plastic bonded magnets market is also expected to witness considerable growth, driven by strong demand from automotive and industrial applications. Countries such as Germany, France, and the UK are at the forefront of technological advancements and innovation, further propelling the adoption of magnetic solutions. The European automotive industry’s push for energy efficiency and sustainability aligns with the growing trend of using plastic bonded magnets in electric vehicles and hybrid systems. The region is projected to maintain steady growth, with a CAGR of approximately 5.8% during the forecast period, reflecting the increasing integration of advanced magnetic materials in various applications.

Opportunities

The plastic bonded magnets market presents numerous opportunities for growth, particularly as industries increasingly seek lightweight and efficient solutions for their applications. One of the most significant opportunities lies in the automotive sector, where the shift towards electric vehicles and hybrid technologies creates a demand for advanced magnetic solutions. Manufacturers can develop specialized plastic bonded magnets tailored to the requirements of electric motors and other components, positioning themselves favorably in a rapidly evolving market. Additionally, the growing trend of automation and robotics in various industries presents opportunities for plastic bonded magnets in applications requiring high precision and reliability. As businesses continue to adopt advanced technologies, there is a corresponding need for efficient magnetic solutions that enhance performance and streamline processes.

Moreover, the rising focus on sustainability and environmentally friendly practices offers another avenue for opportunity within the plastic bonded magnets market. Manufacturers can leverage the recyclable nature of plastic bonded magnets, promoting them as a more sustainable alternative to traditional magnetic materials. As regulatory pressure increases and consumer preferences shift towards eco-friendly products, companies that prioritize sustainable practices are likely to gain a competitive advantage. Developing innovative magnetic solutions that align with environmental standards can help attract new customers and ensure long-term growth in the plastic bonded magnets market.

Threats

Despite the promising growth prospects, the plastic bonded magnets market faces various threats that could impact its development. One significant threat is the volatility in raw material prices, particularly for high-performance materials such as neodymium and samarium. Fluctuations in the availability and pricing of these critical materials can affect production costs and, consequently, market pricing strategies. Additionally, the emergence of alternative magnetic technologies, such as 3D printing and new composite materials, poses a challenge to traditional plastic bonded magnets. As new technologies evolve, manufacturers must continuously innovate to stay competitive and relevant in the market, which can demand considerable investment and resources.

Another threat to the plastic bonded magnets market is the increasing competitive landscape, with numerous players vying for market share. This competition can lead to price wars and reduced profit margins, making it essential for companies to differentiate their offerings and provide added value to customers. As consumer preferences shift towards customized and high-performance solutions, manufacturers will need to invest in research and development to innovate and meet these demands. The pressure to maintain quality while controlling costs will be a constant challenge for businesses operating in this market.

Competitor Outlook

• Magnet Applications Inc.
• Hitachi Metals Ltd.
• Adams Magnetic Products Co.
• HSMAG Magnetic Materials Co., Ltd.
• Arnold Magnetic Technologies Corporation
• Changsung Magnetic Co., Ltd.
• VK Magnetics
• CMS Magnetics
• National Magnetics Group, Inc.
• ThyssenKrupp AG
• Bunting Magnetics Co.
• Samarium Cobalt Inc.
• Magnet Sales & Manufacturing, Inc.
• Supermagnetman LLC
• Goudsmit Magnetic Systems

The competitive landscape of the plastic bonded magnets market is characterized by a diverse array of players ranging from small manufacturers to large multinational corporations. Companies are increasingly focusing on innovation and technological advancements to differentiate their offerings and capture a larger market share. This competitive environment drives businesses to enhance their product quality, diversify their product lines, and invest in research and development. Many companies are also exploring strategic partnerships and collaborations to expand their reach and capabilities. As the market continues to evolve, maintaining a strong competitive edge will be crucial for the success of these companies.

Among the major players in the plastic bonded magnets market, Hitachi Metals Ltd. stands out for its extensive portfolio of high-performance magnetic materials. The company has established itself as a leader in the development of advanced magnetic solutions, particularly in the automotive and electronics sectors. Hitachi's focus on innovation and sustainability has positioned it as a critical player as industries increasingly demand eco-friendly and efficient products. The company's commitment to research and development allows it to offer cutting-edge technologies, ensuring its ongoing relevance in the market.

Arnold Magnetic Technologies Corporation is another key player that has significantly impacted the plastic bonded magnets market. Known for its comprehensive range of magnetic products, Arnold focuses on delivering high-quality solutions tailored to meet the specific needs of its customers. The company's emphasis on innovation and customer-centric approaches has enabled it to build long-lasting relationships with clients across various industries. With a strong emphasis on performance and reliability, Arnold is well-positioned to benefit from the growing demand for advanced plastic bonded magnets.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 VK Magnetics
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 CMS Magnetics
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 ThyssenKrupp AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Supermagnetman LLC
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Hitachi Metals Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Samarium Cobalt Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Bunting Magnetics Co.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Magnet Applications Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Goudsmit Magnetic Systems
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Adams Magnetic Products Co.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Changsung Magnetic Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 National Magnetics Group, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 HSMAG Magnetic Materials Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Magnet Sales & Manufacturing, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Arnold Magnetic Technologies Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Plastic Bonded Magnets Sales Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Electronics
    • 6.1.3 Industrial
    • 6.1.4 Medical
    • 6.1.5 Aerospace
  • 6.2 Plastic Bonded Magnets Sales Market, By Product Type
    • 6.2.1 Flexible Plastic Bonded Magnets
    • 6.2.2 Injection Molded Plastic Bonded Magnets
    • 6.2.3 Compression Bonded Plastic Magnets
    • 6.2.4 Extruded Plastic Bonded Magnets
    • 6.2.5 Hybrid Plastic Bonded Magnets
  • 6.3 Plastic Bonded Magnets Sales Market, By Material Type
    • 6.3.1 Ferrite
    • 6.3.2 NdFeB
    • 6.3.3 SmCo
    • 6.3.4 Alnico
    • 6.3.5 Others
  • 6.4 Plastic Bonded Magnets Sales Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Direct Sales
    • 6.4.3 Indirect Sales
    • 6.4.4 OEMs
    • 6.4.5 Aftermarket

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Plastic Bonded Magnets Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Plastic Bonded Magnets Sales market is categorized based on

By Product Type

• Flexible Plastic Bonded Magnets
• Injection Molded Plastic Bonded Magnets
• Compression Bonded Plastic Magnets
• Extruded Plastic Bonded Magnets
• Hybrid Plastic Bonded Magnets

By Application

• Automotive
• Electronics
• Industrial
• Medical
• Aerospace

By Distribution Channel

• Online Stores
• Direct Sales
• Indirect Sales
• OEMs
• Aftermarket

By Material Type

• Ferrite
• NdFeB
• SmCo
• Alnico
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Magnet Applications Inc.
• Hitachi Metals Ltd.
• Adams Magnetic Products Co.
• HSMAG Magnetic Materials Co., Ltd.
• Arnold Magnetic Technologies Corporation
• Changsung Magnetic Co., Ltd.
• VK Magnetics
• CMS Magnetics
• National Magnetics Group, Inc.
• ThyssenKrupp AG
• Bunting Magnetics Co.
• Samarium Cobalt Inc.
• Magnet Sales & Manufacturing, Inc.
• Supermagnetman LLC
• Goudsmit Magnetic Systems