Press release
Soft Magnetic Composite Market is expected to cross the value of US$ 9.8 Bn by the end of 2031
Soft Magnetic Composites Market: DynamicsSoft magnetic composites containing silicon ferrite are gaining prominence across regions, owing to extensive utilization and rising demand. Positive network externalities are contributing to the rapid growth of silicon ferrite.
Read Report Overview :https://www.transparencymarketresearch.com/soft-magnetic-composite-market.html
A wide array of elements is alloyed together for the formation of soft magnetic composites. Major soft magnetic materials include soft ferrite, iron-cobalt, and silicon steel. These materials are formed via the combination of different elements, which can either be a major or minor constituent in the material. Commonly used elements in soft magnetic materials include iron (Fe), nickel (Ni), Zinc (Zn), Cobalt (Co), and manganese (Mn).
Soft magnetic composites (SMCs) are extensively utilized in producing compact, high performance, and cost-efficient electromagnetic composites. These composites are majorly utilized in manufacturing automotive components such as traction motors, air conditioning compressors, pumps, on-vehicle chargers, and other bundle of components.
Request Free Sample of the Report -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60138
Manufacturers are focusing on of high performance industrial motors and pumps (cooling, oil, etc.) application segments, as the share held by these segment is likely to increase during the forecast period.
Soft Magnetic Composites Market: Prominent Regions
Asia Pacific holds major share of the global soft magnetic composites market. The market in the region is anticipated to expand at a CAGR of more than 7.6% during the forecast period. Increase in demand for soft magnetic composites in various applications, such high performance industrial motors, is driving the soft magnetic composites market in Asia Pacific.
Make an Enquiry before Buying -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=60138
China is a key country of the soft magnetic composites market in Asia Pacific. It held significant share of the soft magnetic composites market in Asia Pacific in 2020. The country is estimated to maintain its dominant position in the region during the forecast period.
North America is also a prominent region of the global soft magnetic composites market. The U.S. led the soft magnetic composites market in North America in 2020. Increase in demand for soft magnetic composites in high performance industrial motors and pumps is driving the market in the U.S.
Request free Customization -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60138
Soft Magnetic Composites Market: Major Players
The global soft magnetic composites market is consolidated, with the presence of key players. Prominent players operating in the global soft magnetic composites market include GKN Powder Metallurgy (Melrose PLC), Höganäs AB, Hitachi Metals Ltd, Rio Tinto, Sumitomo Metal Mining Co., Ltd., and Mitsubishi Materials Corporation.
Explore Related Reports :
Sterols Market-https://www.transparencymarketresearch.com/sterol-market.html
Superabsorbent Polymer Market-https://www.transparencymarketresearch.com/superabsorbent-polymer-market.html
Bio-based Phenol Market-https://www.transparencymarketresearch.com/bio-based-phenol-market.html
Ink Market-https://www.transparencymarketresearch.com/inks-market.html
Monochloroacetic Acid Market-https://www.transparencymarketresearch.com/monochloroacetic-acid-market.html
About Us:
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Soft Magnetic Composite Market is expected to cross the value of US$ 9.8 Bn by the end of 2031 here
News-ID: 2693376 • Views: …
More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…

Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…

Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…

Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Soft
Soft Drink Concentrates Market
Introduction
The soft drink concentrates market plays a pivotal role in the global beverage industry. These concentrates are primarily used to prepare soft drinks, offering a cost-effective and efficient way for manufacturers to produce various beverages. Soft drink concentrates are essentially flavored syrups or powders that, when mixed with water or carbonated water, create popular soft drinks. The market for these concentrates has seen remarkable growth in recent years, driven by…
Soft Robot Technology Market Upcoming Trend & Positions 2027 | Cyberdyne, Soft R …
Soft Robot Technology Market Strengths, Weaknesses, Opportunities, and Threats analysis.
Demanding Market Research Report on Global Soft Robot Technology Market conducted by a team of industry specialists. The report covers briefly the products or services in the market and their application. The report also provides data on the technological advancements taking place in the Soft Robot Technology market, helping the market vendors to increase their business productivity and operational efficiency. The…
Global Motor Soft Starter Market, Global Motor Soft Starter Industry, Market Rev …
The Motor soft starter has remarkable application in numerous end-use industries like oil & gas, mining and power generation trades. It supports in lessening the inflow current formed whereas motor start up and consequently boost the extending and proficiency of motor. Along with this, it knowingly assistances in governing motor acceleration which outcomes in safety of motor from much impairment while in complete procedure. It is an apparatus that is…
Soft Touch Film and Soft Touch Lamination Film Market Size, Share, Development b …
Global Info Research offers a latest published report on Soft Touch Film and Soft Touch Lamination Film Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Soft Touch Film and Soft Touch Lamination Film players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in…
Soft Skills Management Market - Increasing Demand For Cloud-Based Soft Skill Tra …
According to a new market report published by Transparency Market Research, the global soft skills management market was valued at US$ 11,289.7 Mn in 2016 and is expected to expand at a CAGR of 11.9% from 2018 to 2026, reaching US$ 33,736.1 Mn by the end of the forecast period. According to the report, the global soft skills management market will continue to be influenced by a range of macroeconomic…
Suma Soft
Texas (USA), Canada (Toronto) & India (Business Network)— Suma Soft’s BPO for companies in USA, Canada and UK efficiently streamline business processes. Suma Soft has developed an integrated back-office system that assists these companies giving them round the clock support.
Credibility & Certification :
Suma Soft is an ISO 27001 and 9001 certified company which gives paramount importance to security, accuracy and quality while delivering BPO support services. We have a…