| Product Code: ETC6651731 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
During 2020-2024, the Canada bonded magnet market witnessed a notable increase in imports. The compound annual growth rate (CAGR) for this period was 29.55%. Particularly in 2023-2024, there was a significant year-on-year growth rate of 64.80%, indicating a substantial rise in imported bonded magnets during that specific year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Bonded Magnet Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Bonded Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Bonded Magnet Market - Industry Life Cycle |
3.4 Canada Bonded Magnet Market - Porter's Five Forces |
3.5 Canada Bonded Magnet Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Canada Bonded Magnet Market Revenues & Volume Share, By Process, 2022 & 2032F |
3.7 Canada Bonded Magnet Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Bonded Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bonded magnets in automotive applications due to their lightweight and high-performance characteristics |
4.2.2 Growing adoption of bonded magnets in consumer electronics and medical devices for miniaturization and efficiency |
4.2.3 Technological advancements in bonded magnet manufacturing processes leading to improved performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as rare earth elements, impacting the production cost of bonded magnets |
4.3.2 Intense competition from alternative magnet materials like neodymium magnets, affecting market penetration and pricing strategies |
5 Canada Bonded Magnet Market Trends |
6 Canada Bonded Magnet Market, By Types |
6.1 Canada Bonded Magnet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Bonded Magnet Market Revenues & Volume, By Product Type, 2022-2032F |
6.1.3 Canada Bonded Magnet Market Revenues & Volume, By Rare-earth Bonded Magnets, 2022-2032F |
6.1.4 Canada Bonded Magnet Market Revenues & Volume, By Ferrite Bonded Magnets, 2022-2032F |
6.1.5 Canada Bonded Magnet Market Revenues & Volume, By Hybrid Bonded Magnets, 2022-2032F |
6.2 Canada Bonded Magnet Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Canada Bonded Magnet Market Revenues & Volume, By Compression, 2022-2032F |
6.2.3 Canada Bonded Magnet Market Revenues & Volume, By Injection Molding, 2022-2032F |
6.2.4 Canada Bonded Magnet Market Revenues & Volume, By Extrusion, 2022-2032F |
6.2.5 Canada Bonded Magnet Market Revenues & Volume, By Calendering, 2022-2032F |
6.3 Canada Bonded Magnet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Bonded Magnet Market Revenues & Volume, By Automotive & Transportation, 2022-2032F |
6.3.3 Canada Bonded Magnet Market Revenues & Volume, By Electrical & Electronics, 2022-2032F |
6.3.4 Canada Bonded Magnet Market Revenues & Volume, By Industrial, 2022-2032F |
6.3.5 Canada Bonded Magnet Market Revenues & Volume, By Medical, 2022-2032F |
6.3.6 Canada Bonded Magnet Market Revenues & Volume, By Power Generation, 2022-2032F |
6.3.7 Canada Bonded Magnet Market Revenues & Volume, By Military & Aerospace, 2022-2032F |
7 Canada Bonded Magnet Market Import-Export Trade Statistics |
7.1 Canada Bonded Magnet Market Export to Major Countries |
7.2 Canada Bonded Magnet Market Imports from Major Countries |
8 Canada Bonded Magnet Market Key Performance Indicators |
8.1 Average lead time for bonded magnet production, indicating manufacturing efficiency and responsiveness to market demand |
8.2 Percentage of RD investment in developing new bonded magnet formulations and applications, reflecting innovation and market competitiveness |
8.3 Number of patents filed for bonded magnet technologies, demonstrating technological leadership and potential market expansion |
9 Canada Bonded Magnet Market - Opportunity Assessment |
9.1 Canada Bonded Magnet Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Canada Bonded Magnet Market Opportunity Assessment, By Process, 2022 & 2032F |
9.3 Canada Bonded Magnet Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Bonded Magnet Market - Competitive Landscape |
10.1 Canada Bonded Magnet Market Revenue Share, By Companies, 2025 |
10.2 Canada Bonded Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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