Rising Demand for Miniaturized Components Drives Growth: Bonded Magnet Sales Expected to Soar at 4.80% CAGR Through 2034

The bonded magnet market size is projected to be around US$ 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass US$ 4,150.99 million by 2034. The bonded magnet industry is primarily driven by the increasing demand for miniaturization …