Press release
Global Soft Magnetic Materials Market : Eastern Europe is Estimated to Reflect 7.9% Volume CAGR During 2016-2026
View and Download TOC of Soft Magnetic Materials Market Research Report@ https://www.persistencemarketresearch.com/market-research/soft-magnetic-materials-market/toc
In its report titled, “Soft Magnetic Materials Market: Global Industry Analysis and Forecast, 2016-2026”, Persistence Market Research (PMR) estimates that the global consumption of soft magnetic materials will grow at an impressive 7.6% CAGR through 2026. Global consumption of soft magnetic materials was estimated at 16.1 Mn tons in 2016, and it is pegged to reach 33.708 Mn tons by 2026. In terms of revenue, this represents a US$ 113 Bn opportunity for manufacturers.
By material type, nano crystalline material is projected to witness fastest growth at 9.8% CAGR, in terms of volume. Although soft ferrite will remain the largest material-type segment, it is expected to witness a slight decline in its revenue share by 2026.
Key takeaways from Persistence Market Research’s report include,
The steel industry across the globe is experiencing a downsizing as it makes the shift from labor intensive to capital intensive
Nano crystalline core material, an emerging type of soft magnetic materials, , possesses higher efficiency, and is expected to witness considerable growth in the near future
Mergers and acquisitions continue to influence the market. Nippon Steel Corporation with Sumitomo Metal Industries was a watershed moment in this soft magnetic materials landscape
Leading manufacturers are concentrating on utilizing various types of alloys for SMC and electric steel production with an aim to improve energy efficiency. Key manufacturers of soft magnetic materials market include Hitachi Metals, Ltd., PMG Holding GmBH, VACUUMSCHMELZE GmBH & Co. KG, Rio Tinto PLC, GKN plc, Hoganas AB, voestalpine Stahl GmBH, Toshiba Materials Co., Ltd., Hengdian Group DMEGC Magnetics Co., Ltd., and Sumitomo Metal Mining Co., Ltd.
Request and Download Sample Report@https://www.persistencemarketresearch.com/samples/14842
With around one-third revenue share, motors are estimated to remain the most lucrative application segment in the global soft magnetic materials market. The revenue generated from applications of soft magnetic materials in motors is expected to witness 2.1X growth by 2026. On the other hand, transformer application segment is projected to grow at the highest volume CAGR. This is mainly attributed to soaring demand for high duty flux materials.
By volume, Asia Pacific Excluding Japan (APEJ), Eastern Europe and Latin America are expected to be the largest markets for soft magnetic materials. APEJ is estimated to remain dominant in the global soft magnetic materials market and is projected to grow at 8.5% CAGR, in terms of volume, through 2026. The soft magnetic materials market in APEJ is primarily driven by the presence of iron ore mines and cheap labor force. Eastern Europe is estimated to reflect 7.9% volume CAGR during the forecast period and is expected to be the second largest region for soft magnetic materials market.
Buy Full Soft Magnetic Materials Market Report@ https://www.persistencemarketresearch.com/checkout/14842
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.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 Global Soft Magnetic Materials Market : Eastern Europe is Estimated to Reflect 7.9% Volume CAGR During 2016-2026 here
News-ID: 727925 • Views: …
More Releases from Persistence Market Research
Europe Calf Milk Replacer Market to Reach US$1,657.2 Mn by 2032 | Driven by Risi …
The Europe calf milk replacer market is poised for significant growth over the coming years. The market size is projected to reach US$1,018.6 million in 2025 and is anticipated to expand to US$1,657.2 million by 2032, registering a robust compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2032. The growth trajectory is driven by the increasing awareness among dairy farmers regarding the nutritional requirements…
Croscarmellose Sodium Market to Reach $487 Mn by 2032, Driven by Rising Pharma D …
The global croscarmellose sodium market is projected to witness significant expansion over the forecast period, reflecting the growing adoption of pharmaceutical excipients across diverse applications. Valued at approximately US$ 288.7 million in 2025, the market is expected to reach US$ 487.0 million by 2032, registering a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. This growth trajectory is driven primarily by increasing demand for orally disintegrating tablets…
Europe Egg Replacement Ingredients Market to Reach $1,711.1 Mn by 2032, Driven b …
The Europe egg replacement ingredients market is witnessing significant expansion, driven by the increasing adoption of plant-based diets and rising consumer awareness regarding health and wellness. The market size is projected to reach US$ 952.2 million in 2025 and is expected to surge to US$ 1,711.1 million by 2032, registering a robust CAGR of 8.7% over the forecast period from 2025 to 2032. The growing demand for clean-label products, vegan…
Kraft Paper Market to Reach US$ 25.0 Billion by 2032: Growth Driven by Rising De …
The global Kraft Paper market is undergoing significant expansion, driven by the accelerating shift toward eco-friendly packaging materials and the rising global awareness surrounding sustainability. As industries worldwide transition from plastic-based packaging to biodegradable alternatives, kraft paper has emerged as one of the most sought-after materials due to its strength, recyclability, and versatility.
According to the latest study by Persistence Market Research, the global Kraft Paper market size is projected to…
More Releases for Materials
Sustainable Tire Materials Market Sustainable Tire Materials Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Sustainable Tire Materials Market- (By Type of Material (Rubber (Natural, Recycled), Sustainable Carbon Black, Silica, Others), By Propulsion Type (Internal Combustion Engine Vehicles, Electric Vehicles), By Vehicle Type, (Passenger Vehicles, Commercial Vehicles), By Tire Structure (Radial, Bias), By Sales Channel (OEMs, Aftermarket)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the latest research…
2D Materials Market Is Booming Worldwide |2D Materials, Nanotech, Advanced Mater …
HTF MI just released the Global 2D Materials Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in 2D Materials Market are:
Samsung, IBM, MIT, 2D Semiconductors,…
Elmet, HCStarck Solutions, Zhuzhou KJ Super Materials, Stanford Advanced Materia …
Global Info Research announces the release of the report "Global Tungsten Penetrator Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company…
Germanium (Ge) Evaporation Materials Market 2021 Strategic Assessment- Stanford …
The "Germanium (Ge) Evaporation Materials" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Germanium (Ge) Evaporation Materials Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles,…
Graphene and 2-D Materials : Angstron Materials ,Vorbeck Materials ,Applied Grap …
Global Workforce Management Software Market reports provide CAGR Value 2018-2025 and in-depth analysis of Top Players, Geography, End users, Applications, Competitor analysis, Sales, Revenue, Price, Gross Margin, Market Share, Trends and Forecast.
Workforce Management Software Market Report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Workforce Management Software market analysis is provided for the international markets including development trends, competitive landscape analysis, and…
Graphene and 2-D Materials Market Analysis Report By Key Players- XG Science, An …
UpMarketResearch offers a latest published report on “Global Graphene and 2-D Materials Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 113 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Get Free Sample Report@ https://www.upmarketresearch.com/home/requested_sample/6411
The report begins with the overview of the Graphene…
