Results for tag: "Bonded Magnet"

The Bonded Magnet market is a subset of the Advanced Materials industry, which encompasses materials that are engineered to have superior properties compared to traditional materials. Bonded Magnets are a type of permanent magnet made from a composite of magnetic powders and a polymer binder. They are used in a variety of applications, such as motors, sensors, and actuators. Bonded Magnets offer advantages over traditional magnets, such as higher energy density, improved temperature stability, and better corrosion resistance. The Bonded Magnet market is expected to grow in the coming years due to increasing demand for high-performance materials in various industries. The automotive industry is a major driver of this growth, as Bonded Magnets are used in electric vehicles and other automotive components. Additionally, the medical device industry is also expected to drive growth, as Bonded Magnets are used in medical imaging and other medical applications. Some companies in the Bonded Magnet market include Arnold Magnetic Technologies, Hitachi Metals, and TDK Corporation. Show Less Read more