Soft Ferrite Market : Modern Electronic and Electrical Systems Trigger Adoption || Key Players: Höganäs AB, Voestalpine Stahl GmbH, Hitachi Metals Ltd, Toshiba Corp (Toshiba Materials Co., Ltd.)

 Fact.MR’s report offers a deep dive into the growth course of the soft ferrite market for the forecast period of 2019 to 2027, and the market size has been conveyed both in terms of value as well as volume. Crucial factors and dynamics having deep-rooted influences on the supply & demand equation in the soft ferrite market have been analyzed and included in this soft ferrite market report. The major objective of this report is to equip the readers with actionable and useful insights on soft ferrite market, enabling them to make viable business decisions from a business expansion standpoint.

The Fact.MR report offers exclusive insights on the growth potential of soft ferrite market over the forecast period of 2018 to 2027. As per the report, the soft ferrite market is likely to proliferate at a volume CAGR of 6% over the forecast period.

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Use of Additives for Amelioration of Ferrites’ Magnetic Properties- An Evolving Manufacturing Trend

Practice of incorporating additives with ferrites, both hard and soft, is being extensively exercised. Competency of additives to significantly enhance the magnetic properties of ferrites by influencing their grain growth and density is predominantly spurring their adoption. Favorable studies acknowledging role of additives in enhancing properties such as grain growth, power loss, electric resistance, and permeability, is intensifying its importance in case of ferrites, both hard and soft.

Some of the commonly used additives include calcium oxide (CaO), silicon dioxide (SiO?), titanium dioxide (TiO2), and many more. Moreover, use of additives is also believed to have positive impacts on permeability, which remains one of the highly-valued characteristics in case of soft ferrite.

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Soft Ferrite Market Structure

The soft ferrite market has been classified on the basis of product type, application type, and region. By product type, the soft ferrite market has been classified into Mn-Zn ferrite and Ni-Zn ferrite. By application type, the soft ferrite market has been classified into transformers, motors, inductors, and generators. In transformers type, the growth has been mapped for sub-segments such as transmission transformers, portable transformers, and distribution transformers. In motors type, the growth has been mapped for sub-segments such as 1 HP - 100 HP, 101 HP - 200 HP, 201 HP - 500 HP, 501 HP - 1000 HP, and above 1000 HP.

Advent of Switched-Mode Power Supply (SMPS) Fosters Adoption of Soft Ferrite

With the introduction of switched-mode power supplies, demand for soft ferrites in power applications has taken off by a significant margin. The clamor for higher frequencies in case of high-frequency power supplies is on a rise, which also results in reduction of the size of magnetic components. Ferrites, with the ability to address the aforementioned challenge, are being increasingly used in case of SMPS systems.   

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