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 Homogeneous Precious Metal Catalysts Market to Surpass US$ 4.49 Bn by 203 …
➤ Overview of the Market
According to the latest study by Persistence Market Research, the Europe homogeneous precious metal catalysts market is poised to expand from US$ 1,318.4 Mn in 2024 to US$ 4,498.2 Mn by 2031, registering an impressive CAGR of 19.1%. This robust growth trajectory is attributed to rising investments in specialty chemical synthesis, pharmaceutical intermediates, and advanced material research, where homogeneous catalysts offer superior efficiency and selectivity. Increasing…
Global Pneumatic Fenders Market Expected to Register 3.5% CAGR, Reaching USD 572 …
The global pneumatic fenders market is projected for steady growth, driven by rising maritime trade, port infrastructure development, and a growing emphasis on safety in ship operations. Valued at US$ 450.0 million in 2024, the market is expected to reach US$ 572.5 million by 2031, reflecting a CAGR of 3.5% over the forecast period. Historically, the market grew at a CAGR of 3.0% between 2018 and 2024, indicating a consistent…
U.S. Industrial Enzymes Market to Surpass US$ 2.1 Bn by 2031 with 3.5% CAGR - Pe …
➤ Overview of the Market
The U.S. industrial enzymes market forms a cornerstone of the country's bioeconomy, supporting industries ranging from food processing to pharmaceuticals, animal feed, and biofuel production. Enzymes act as biological catalysts, accelerating chemical reactions under mild conditions while reducing energy and chemical usage. Growing environmental concerns and the demand for greener manufacturing processes are prompting industries to replace synthetic catalysts with eco-friendly enzyme solutions. Advancements in biotechnology,…
Increasing Automotive Repair and Maintenance Demand to Drive Frame Alignment Sys …
The global frame alignment systems market is poised for robust growth, reflecting the automotive industry's increasing emphasis on vehicle safety and precision repair technologies. Valued at US$ 502.1 million in 2024, the market is projected to reach US$ 750.0 million by 2031, registering a CAGR of 5.9% during the forecast period. Historically, the market experienced a CAGR of 4.1% between 2018 and 2024, highlighting consistent expansion driven by automotive repair…
More Releases for Materials
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…
Global Paving Asphalt Market Analysis 2025 | Oldcastle Materials, Vulcan Materia …
ResearchMoz presents professional and in-depth study of "Global Paving Asphalt Market Insights, Forecast to 2025"
This report researches the worldwide Paving Asphalt market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Paving Asphalt breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
