Soft Magnetic Materials Market 2023- A comprehensive study by Key Players - Proterial, Ltd., TDK, CSC (Changsung Corp.), Advanced Technology

Los Angeles, (United States) - The global Soft Magnetic Materials revenue was US$ 2340 million in 2022 and is forecast to a readjusted size of US$ 2528.6 million by 2029 with a CAGR of 1.1% during the forecast period (2023-2029). It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The report focuses on the major players that are in operation within the market and their competitive landscape present in the market. The report includes an inventory of initiatives taken by the businesses within the past years. The report has mentioned growth parameters in the regional markets along with major players dominating the regional growth such as North America, Europe, China, Japan, Southeast Asia and India.

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Soft magnetic materials are those materials that are easily magnetised and demagnetised. They typically have intrinsic coercivity less than 1000 Am-1. They are used primarily to enhance and/or channel the flux produced by an electric current. Soft magnetic materials have been used widely in generators, transformers, and switching circuits.

Global key producers of soft magnetic materials include Proterial, Ltd., TDK, DMEGC, Qingdao Yunlu, TDG, and others. The top five producers together account for 25% of the market share, with the largest producer being Proterial, Ltd. with 6%. The global origins are mainly located in North America, China, Japan, Korea, Taiwan（China）, and Europe. In terms of product categories, soft ferrite magnetic materials hold the largest market share with 67%, followed by metal magnetic powder materials and amorphous magnetic materials. In terms of applications, home appliances and consumer electronics are the top application areas, with a market share of nearly 30%. In addition, communication industry, automotive and transportation industry and photovoltaic wind power are also its main application areas.

Market Overview: Soft Magnetic Materials

The Soft Magnetic Materials industry is a vast and diverse sector that plays a critical role in various other industries, including manufacturing, construction, pharmaceuticals, automotive, and consumer goods. It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The Soft Magnetic Materials market is one of the largest and fastest-growing industries globally. Its growth is driven by factors such as increasing population, urbanization, industrialization, and technological advancements.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report. The report focuses on the operation and their competitive landscape present within the market. Identification of numerous key players of the market will help the reader perceive the ways and collaborations that players will need to understand the competition within the global Soft Magnetic Materials market.

The Following Manufacturers Are Covered In This Report:-

Proterial, Ltd.
TDK
DMEGC
Qingdao Yunlu
TDG
POCO Magnetic
MAGNETICS
CSC (Changsung Corp.)
ZheJiang NBTM KeDa (KDM)
Advanced Technology
Acme Electronics
FERROXCUBE
Kaiyuan Magnetism
Samwha Electronics
Haining Lianfeng
Nanjing New Conda
Zhejiang Zhaojing
Dongbu Electronic Materials
Micrometals

Soft Magnetic Materials Market Segmentation Analyses: -

Our market analysts are experts in deeply segmenting the global Soft Magnetic Materials market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Soft Magnetic Materials market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Soft Magnetic Materials market and plan powerful business tactics to secure a position of strength in the industry.

Segment by Type
Soft Ferrite Materials
Metal Magnetic Powder Materials
Amorphous Magnetic Materials
Nanocrystalline Soft Magnetic Materials
Others

Segment by Application
Communication
Home Appliances and Consumer Electronics
Automotive and Transportation
Photovoltaics and Wind Power
Lighting Industry
Computers and Office Equipment
Others

Market Trends and Drivers:-

This section will focus on the latest trends and drivers shaping the Soft Magnetic Materials industry. Some of the trends may include the adoption of sustainable practices, increased demand for bio-based materials, digitalization of chemical manufacturing processes, and the rise of green chemistry. Additionally, we will identify key drivers, such as rising consumer demand, rapid industrialization in emerging economies, and advancements in material science.

Challenges and Restraints:-

Despite its growth potential, the Soft Magnetic Materials industry faces several challenges and restraints. This section will discuss issues like stringent environmental regulations, volatility in raw material prices, and the need to address safety concerns. We will also analyze the impact of these challenges on the market and potential mitigation strategies.

Emerging Opportunities:-

This section will explore potential growth opportunities and untapped markets within the Soft Magnetic Materials industry. These opportunities may arise from technological advancements, shifting consumer preferences, or evolving regulatory landscapes. We will also highlight the prospects for innovation and research & development in the industry.

Future Outlook: -

The Soft Magnetic Materials industry is projected to witness steady growth in the coming years, driven by advancements in technology, expanding applications, and increasing investments in R&D. Emerging Soft Magnetic Materials markets in Asia-Pacific and Latin America are expected to offer significant growth opportunities.

Report on the Global Soft Magnetic Materials Market: The Cumulative Impact of High Inflation

The worldwide Soft Magnetic Materials market research examines the cumulative impact of excessive inflation on the market. The impact of inflation, a crucial economic element, on consumer purchasing power and corporate profitability cannot be understated. The research study analyses how the Soft Magnetic Materials industry and its various sectors may be impacted by rising inflation rates. It assesses the challenges and possibilities that inflation may present and makes recommendations to mitigate its effects. The study looks at the pricing strategies used by big corporations to fend off inflationary pressures and maintain their market share. Recognizing the overall effects of high inflation can help companies and investors come up with strategies to navigate through tough economic times and ensure sustainable growth in the Soft Magnetic Materials market.

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Regional Insights

Asia-Pacific: The Asia-Pacific region dominates the Soft Magnetic Materials market, driven by rapid industrialization in countries like China and India. The region benefits from low-cost labor, favourable government policies, and rising consumer demand.

North America: The North American Soft Magnetic Materials market is characterized by technological advancements, a focus on sustainability, and the presence of key players. The United States leads in chemical production, with a strong emphasis on research and development.

Europe: Europe has a mature Soft Magnetic Materials industry, with a focus on eco-friendly and sustainable practices. The region's stringent regulations drive innovation in green chemistry and bio-based materials.

Latin America and Middle East/Africa: These regions offer significant growth opportunities due to expanding industrial sectors, favorable investment policies, and increasing consumer demand.

Key Drivers and Challenges:

Growing Demand: Increasing population, urbanization, and rising disposable incomes drive the demand for Soft Magnetic Materials across industries.

Technological Advancements: Innovative technologies, such as 3D printing, smart materials, and nanotechnology, are reshaping the Soft Magnetic Materials landscape.

Sustainability and Environmental Concerns: There is a growing emphasis on sustainable practices, renewable resources, and reducing the carbon footprint in the Soft Magnetic Materials industry.

Regulatory Landscape: Stringent regulations regarding safety, health, and environmental impact pose challenges for chemical manufacturers.

Supply Chain Disruptions: Volatile raw material prices, geopolitical tensions, and global events (e.g., the COVID-19 pandemic) can disrupt the supply chain and affect Soft Magnetic Materials market dynamics.

Table of Content

1 Study Coverage
1.1 Soft Magnetic Materials Product Introduction
1.2 Global Soft Magnetic Materials Outlook 2018 VS 2022 VS 2029
1.2.1 Global Soft Magnetic Materials Sales in US$ Million for the Year 2018-2029
1.2.2 Global Soft Magnetic Materials Sales in Volume for the Year 2018-2029
1.3 United States Soft Magnetic Materials Outlook 2018 VS 2022 VS 2029
1.3.1 United States Soft Magnetic Materials Sales in US$ Million for the Year 2018-2029
1.3.2 United States Soft Magnetic Materials Sales in Volume for the Year 2018-2029
1.4 Soft Magnetic Materials Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.4.1 The Market Share of United States Soft Magnetic Materials in Global, 2018 VS 2022 VS 2029
1.4.2 The Growth Rate of Soft Magnetic Materials Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.5 Soft Magnetic Materials Market Dynamics
1.5.1 Soft Magnetic Materials Industry Trends
1.5.2 Soft Magnetic Materials Market Drivers
1.5.3 Soft Magnetic Materials Market Challenges
1.5.4 Soft Magnetic Materials Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Years Considered

2 Soft Magnetic Materials by Type
2.1 Soft Magnetic Materials Market Segment by Type
2.1.1 Soft Ferrite Materials
2.1.2 Metal Magnetic Powder Materials
2.1.3 Amorphous Magnetic Materials
2.1.4 Nanocrystalline Soft Magnetic Materials
2.1.5 Others
2.2 Global Soft Magnetic Materials Market Size by Type
2.2.1 Global Soft Magnetic Materials Sales in Value, by Type (2018, 2022 & 2029)
2.2.2 Global Soft Magnetic Materials Sales in Volume, by Type (2018, 2022 & 2029)
2.2.3 Global Soft Magnetic Materials Average Selling Price (ASP) by Type (2018, 2022 & 2029)
2.3 United States Soft Magnetic Materials Market Size by Type
2.3.1 United States Soft Magnetic Materials Sales in Value, by Type (2018, 2022 & 2029)
2.3.2 United States Soft Magnetic Materials Sales in Volume, by Type (2018, 2022 & 2029)
2.3.3 United States Soft Magnetic Materials Average Selling Price (ASP) by Type (2018, 2022 & 2029)

3 Soft Magnetic Materials by Application
3.1 Soft Magnetic Materials Market Segment by Application
3.1.1 Communication
3.1.2 Home Appliances and Consumer Electronics
3.1.3 Automotive and Transportation
3.1.4 Photovoltaics and Wind Power
3.1.5 Lighting Industry
3.1.6 Computers and Office Equipment
3.1.7 Others
3.2 Global Soft Magnetic Materials Market Size by Application
3.2.1 Global Soft Magnetic Materials Sales in Value, by Application (2018, 2022 & 2029)
3.2.2 Global Soft Magnetic Materials Sales in Volume, by Application (2018, 2022 & 2029)
3.3.3 Global Soft Magnetic Materials Average Selling Price (ASP) by Application (2018, 2022 & 2029)
3.3 United States Soft Magnetic Materials Market Size by Application
3.3.1 United States Soft Magnetic Materials Sales in Value, by Application (2018, 2022 & 2029)
3.3.2 United States Soft Magnetic Materials Sales in Volume, by Application (2018, 2022 & 2029)
3.3.3 United States Soft Magnetic Materials Average Selling Price (ASP) by Application (2018, 2022 & 2029)

4 Global Soft Magnetic Materials Competitor Landscape by Company
4.1 Global Soft Magnetic Materials Market Size by Company
4.1.1 Global Key Manufacturers of Soft Magnetic Materials, Ranked by Revenue (2022)
4.1.2 Global Soft Magnetic Materials Revenue by Manufacturer (2018-2023)
4.1.3 Global Soft Magnetic Materials Sales by Manufacturer (2018-2023)
4.1.4 Global Soft Magnetic Materials Price by Manufacturer (2018-2023)
4.2 Global Soft Magnetic Materials Concentration Ratio (CR)
4.2.1 Soft Magnetic Materials Market Concentration Ratio (CR)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Soft Magnetic Materials in 2022
4.2.3 Global Soft Magnetic Materials Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Soft Magnetic Materials, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Soft Magnetic Materials, Product Offered and Application
4.5 Global Key Manufacturers of Soft Magnetic Materials, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 United States Soft Magnetic Materials Market Size by Company
4.7.1 Key Players of Soft Magnetic Materials in United States, Ranked by Revenue (2022)
4.7.2 United States Soft Magnetic Materials Revenue by Players (2018-2023)
4.7.3 United States Soft Magnetic Materials Sales by Players (2018-2023)

5 Global Soft Magnetic Materials Market Size by Region
5.1 Global Soft Magnetic Materials Market Size by Region: 2018 VS 2022 VS 2029
5.2 Global Soft Magnetic Materials Market Size in Volume by Region (2018-2029)
5.2.1 Global Soft Magnetic Materials Sales in Volume by Region: 2018-2023
5.2.2 Global Soft Magnetic Materials Sales in Volume Forecast by Region (2024-2029)
5.3 Global Soft Magnetic Materials Market Size in Value by Region (2018-2029)
5.3.1 Global Soft Magnetic Materials Sales in Value by Region: 2018-2023
5.3.2 Global Soft Magnetic Materials Sales in Value by Region: 2024-2029

6 Americas
6.1 Americas Soft Magnetic Materials Market Size YoY Growth 2018-2029
6.2 Americas Soft Magnetic Materials Sales in Volume, by Type (2018, 2022 & 2029)
6.3 Americas Soft Magnetic Materials Sales in Volume, by Application (2018, 2022 & 2029)
6.4 Americas Soft Magnetic Materials Market Facts & Figures by Country (2018, 2022 & 2029)
6.4.1 Americas Soft Magnetic Materials Sales in Value by Country (2018, 2022 & 2029)
6.4.2 Americas Soft Magnetic Materials Sales in Volume by Country (2018, 2022 & 2029)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil

7 EMEA
7.1 EMEA Soft Magnetic Materials Market Size YoY Growth 2018-2029
7.2 EMEA Soft Magnetic Materials Sales in Volume, by Type (2018, 2022 & 2029)
7.3 EMEA Soft Magnetic Materials Sales in Volume, by Application (2018, 2022 & 2029)
7.4 EMEA Soft Magnetic Materials Market Facts & Figures by Country (2018, 2022 & 2029)
7.4.1 EMEA Soft Magnetic Materials Sales in Value by Country (2018, 2022 & 2029)
7.4.2 EMEA Soft Magnetic Materials Sales in Volume by Country (2018, 2022 & 2029)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa

8 China
8.1 China Soft Magnetic Materials Market Size YoY Growth 2018-2029
8.2 China Soft Magnetic Materials Sales in Volume, by Type (2018, 2022 & 2029)
8.3 China Soft Magnetic Materials Sales in Volume, by Application (2018, 2022 & 2029)

9 APAC
9.1 APAC Soft Magnetic Materials Market Size YoY Growth 2018-2029
9.2 APAC Soft Magnetic Materials Sales in Volume, by Type (2018, 2022 & 2029)
9.3 APAC Soft Magnetic Materials Sales in Volume, by Application (2018, 2022 & 2029)
9.4 APAC Soft Magnetic Materials Market Facts & Figures by Region (2018, 2022 & 2029)
9.4.1 APAC Soft Magnetic Materials Sales in Value by Region (2018, 2022 & 2029)
9.4.2 APAC Soft Magnetic Materials Sales in Volume by Region (2018, 2022 & 2029)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India

10 Company Profiles
10.1 Proterial, Ltd.
10.1.1 Proterial, Ltd. Company Information
10.1.2 Proterial, Ltd. Description and Business Overview
10.1.3 Proterial, Ltd. Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Proterial, Ltd. Soft Magnetic Materials Products Offered
10.1.5 Proterial, Ltd. Recent Development
10.2 TDK
10.2.1 TDK Company Information
10.2.2 TDK Description and Business Overview
10.2.3 TDK Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.2.4 TDK Soft Magnetic Materials Products Offered
10.2.5 TDK Recent Development
10.3 DMEGC
10.3.1 DMEGC Company Information
10.3.2 DMEGC Description and Business Overview
10.3.3 DMEGC Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DMEGC Soft Magnetic Materials Products Offered
10.3.5 DMEGC Recent Development
10.4 Qingdao Yunlu
10.4.1 Qingdao Yunlu Company Information
10.4.2 Qingdao Yunlu Description and Business Overview
10.4.3 Qingdao Yunlu Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Qingdao Yunlu Soft Magnetic Materials Products Offered
10.4.5 Qingdao Yunlu Recent Development
10.5 TDG
10.5.1 TDG Company Information
10.5.2 TDG Description and Business Overview
10.5.3 TDG Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TDG Soft Magnetic Materials Products Offered
10.5.5 TDG Recent Development
10.6 POCO Magnetic
10.6.1 POCO Magnetic Company Information
10.6.2 POCO Magnetic Description and Business Overview
10.6.3 POCO Magnetic Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.6.4 POCO Magnetic Soft Magnetic Materials Products Offered
10.6.5 POCO Magnetic Recent Development
10.7 MAGNETICS
10.7.1 MAGNETICS Company Information
10.7.2 MAGNETICS Description and Business Overview
10.7.3 MAGNETICS Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.7.4 MAGNETICS Soft Magnetic Materials Products Offered
10.7.5 MAGNETICS Recent Development
10.8 CSC (Changsung Corp.)
10.8.1 CSC (Changsung Corp.) Company Information
10.8.2 CSC (Changsung Corp.) Description and Business Overview
10.8.3 CSC (Changsung Corp.) Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CSC (Changsung Corp.) Soft Magnetic Materials Products Offered
10.8.5 CSC (Changsung Corp.) Recent Development
10.9 ZheJiang NBTM KeDa (KDM)
10.9.1 ZheJiang NBTM KeDa (KDM) Company Information
10.9.2 ZheJiang NBTM KeDa (KDM) Description and Business Overview
10.9.3 ZheJiang NBTM KeDa (KDM) Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ZheJiang NBTM KeDa (KDM) Soft Magnetic Materials Products Offered
10.9.5 ZheJiang NBTM KeDa (KDM) Recent Development
10.10 Advanced Technology
10.10.1 Advanced Technology Company Information
10.10.2 Advanced Technology Description and Business Overview
10.10.3 Advanced Technology Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Advanced Technology Soft Magnetic Materials Products Offered
10.10.5 Advanced Technology Recent Development
10.11 Acme Electronics
10.11.1 Acme Electronics Company Information
10.11.2 Acme Electronics Description and Business Overview
10.11.3 Acme Electronics Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Acme Electronics Soft Magnetic Materials Products Offered
10.11.5 Acme Electronics Recent Development
10.12 FERROXCUBE
10.12.1 FERROXCUBE Company Information
10.12.2 FERROXCUBE Description and Business Overview
10.12.3 FERROXCUBE Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.12.4 FERROXCUBE Soft Magnetic Materials Products Offered
10.12.5 FERROXCUBE Recent Development
10.13 Kaiyuan Magnetism
10.13.1 Kaiyuan Magnetism Company Information
10.13.2 Kaiyuan Magnetism Description and Business Overview
10.13.3 Kaiyuan Magnetism Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Kaiyuan Magnetism Soft Magnetic Materials Products Offered
10.13.5 Kaiyuan Magnetism Recent Development
10.14 Samwha Electronics
10.14.1 Samwha Electronics Company Information
10.14.2 Samwha Electronics Description and Business Overview
10.14.3 Samwha Electronics Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Samwha Electronics Soft Magnetic Materials Products Offered
10.14.5 Samwha Electronics Recent Development
10.15 Haining Lianfeng
10.15.1 Haining Lianfeng Company Information
10.15.2 Haining Lianfeng Description and Business Overview
10.15.3 Haining Lianfeng Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Haining Lianfeng Soft Magnetic Materials Products Offered
10.15.5 Haining Lianfeng Recent Development
10.16 Nanjing New Conda
10.16.1 Nanjing New Conda Company Information
10.16.2 Nanjing New Conda Description and Business Overview
10.16.3 Nanjing New Conda Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Nanjing New Conda Soft Magnetic Materials Products Offered
10.16.5 Nanjing New Conda Recent Development
10.17 Zhejiang Zhaojing
10.17.1 Zhejiang Zhaojing Company Information
10.17.2 Zhejiang Zhaojing Description and Business Overview
10.17.3 Zhejiang Zhaojing Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Zhejiang Zhaojing Soft Magnetic Materials Products Offered
10.17.5 Zhejiang Zhaojing Recent Development
10.18 Dongbu Electronic Materials
10.18.1 Dongbu Electronic Materials Company Information
10.18.2 Dongbu Electronic Materials Description and Business Overview
10.18.3 Dongbu Electronic Materials Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Dongbu Electronic Materials Soft Magnetic Materials Products Offered
10.18.5 Dongbu Electronic Materials Recent Development
10.19 Micrometals
10.19.1 Micrometals Company Information
10.19.2 Micrometals Description and Business Overview
10.19.3 Micrometals Soft Magnetic Materials Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Micrometals Soft Magnetic Materials Products Offered
10.19.5 Micrometals Recent Development

11 Industry Chain and Sales Channels Analysis
11.1 Soft Magnetic Materials Industry Chain Analysis
11.2 Soft Magnetic Materials Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Soft Magnetic Materials Production Mode & Process
11.4 Soft Magnetic Materials Sales and Marketing
11.4.1 Soft Magnetic Materials Sales Channels
11.4.2 Soft Magnetic Materials Distributors
11.5 Soft Magnetic Materials Customers

12 Research Findings and Conclusion

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Author Details
13.3 Disclaimer

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