The global demand for Magnet Bonding Adhesive Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Magnet bonding adhesive is a structural adhesive designed to bond permanent magnets to electrical motor rotors and stators. The industrial magnet bonding adhesives are available in diverse sizes and performance characteristics. Industrial magnet bonding adhesives are categorized into structural acrylic adhesives, single part epoxy adhesives, and cyanoacrylate adhesives. These are widely used in industries including motors, power generators, microphones, and speakers, measuring instruments, lifting equipment, computer storage devices, and power hand tools.
The global magnet bonding adhesive market is driven by the flourishing electronics and power industry. Furthermore, machining and measuring instruments are projected to fuel demand for high-performance magnet bonding adhesive. The market is experiencing a revolutionizing period with an introduction of new featured products. Giant players operating in the market like 3M, Henkel, and Delo are bringing innovations in the product. Particular emphasis has been placed on optimizing reliability, increasing productivity, and consistent performance. New generation products are made available in liner form, with no messy liquid mix, featured with the ability to guard against salt air, saltwater abrasion. Custom grades have also been developed for encapsulation and exhibit exceptional thermal-mechanical properties, excellent heat dissipation characteristics, low exotherm, versatile cure schedules.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of magnet bonding adhesive.
The entire magnet bonding adhesive market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Structural Acrylic
- Electronic Product
This section covers regional segmentation which accentuates on current and future demand for magnet bonding adhesive market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Magnet Bonding Adhesive Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the magnet bonding adhesive market include H.B Fuller, Henkel, 3M, DELO, Permabond, Loxeal, Master Bond, Engineering Adhesives & Lubricants, Dymax. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.