Bonded neodymium magnets can provide significant size and weight reduction and/or performance enhancement over sintered and, particularly, bonded ferrite permanent magnets and, moreover, provide these benefits at reasonable cost. Primarily for these reasons, these bonded magnets are now used in a wide and growing range of computer peripheral, office automation, and consumer electronic applications and now constitute the fastest growing segment of the permanent magnet market. The current status of these materials will be reviewed. Included is a brief overview of the manufacture of these magnetically isotropic magnets and a discussion of their unique properties and features from the perspective of both bonded magnet producer and user. Major applications are discussed as are some of the factors that will drive the market for these materials in the future. New technical developments, including the status and outlook for anisotropic bonded materials, high remanance isotropic materials and high temperature bonded magnets will also be discussed.

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