Press release
Soft Magnetic Materials is Estimated to Represent US$ 113.4 Bn during 2016-2026
Browse Report Oveview @ https://www.persistencemarketresearch.com/market-research/soft-magnetic-materials-market.asp
China is one of the top consumers and producers of steel. The geographical strength of Bayo Obo mines, which is rich in iron ore and rare earth elements offers a strong advantage. Manufacturers from countries such as Germany, Japan etc. are partnering a free trade with Mongolia as it is close to Bayo Obo. Furthermore, growing electric vehicles, bicycles, aerospace and power industries offer good opportunities for soft magnetic material manufacturers to expand in the APEJ region.
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.
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.
View Full Report TOC @ https://www.persistencemarketresearch.com/market-research/soft-magnetic-materials-market/toc
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://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 Soft Magnetic Materials is Estimated to Represent US$ 113.4 Bn during 2016-2026 here
News-ID: 797714 • Views: …
More Releases from Persistence Market Research
Crates Market Is Expected to Reach US$ 8.7 Billion by 2033 - Persistence Market …
The global crates market plays a critical role in modern logistics, packaging, and supply chain operations across a wide range of industries. Crates are rigid containers designed to transport, store, and protect goods efficiently during handling, warehousing, and distribution. They are widely used in food and beverage, agriculture, pharmaceuticals, automotive, chemicals, and retail sectors due to their durability, stackability, and ability to support reusable and returnable packaging models. As supply…
Solar Power Mobile Devices Market Size to Reach US$ 12.7 Billion by 2033 - Persi …
The solar power mobile devices market is gaining rapid traction as consumers and industries increasingly seek portable, reliable, and sustainable power solutions. Solar powered mobile devices include smartphones, power banks, chargers, lighting systems, and communication equipment that integrate photovoltaic technology to generate electricity from sunlight. These devices are particularly valuable in off grid environments, emergency situations, outdoor activities, and regions with unreliable grid infrastructure.
Explore Full Report Quality - Free Sample…
Triethylene Glycol Market Size to Reach US$2.4 Billion by 2033 - Persistence Mar …
The global triethylene glycol market plays a crucial role across multiple industrial value chains, driven by its versatile chemical properties and wide applicability in energy, textiles, automotive, plastics, and consumer products. Triethylene glycol is a colorless, odorless, hygroscopic liquid known for its excellent moisture absorbing capability, low volatility, and relatively low toxicity compared to other glycols. These attributes make it a preferred choice in applications such as natural gas dehydration,…
Air Purifier Market Witnesses Strong Boom Amid Rising Air Quality Concerns
Introduction
The global air purifier market has gained significant traction in recent years as concerns over air quality, indoor pollution, and public health continue to intensify. Rapid urbanization, industrial expansion, rising vehicular emissions, and increasing awareness of respiratory health have positioned air purifiers as essential household and commercial appliances rather than luxury products. Air purifiers are designed to remove airborne contaminants such as dust, pollen, smoke, volatile organic compounds (VOCs), bacteria,…
More Releases for Magnetic
Magnetic Sensor Market Magnetic Sensor Market Developments, Future Trends & Indu …
The Magnetic Sensor Market plays a crucial role in modern electronics, enabling precise detection, position tracking, and motion sensing across automotive, consumer electronics, industrial, and healthcare sectors. Magnetic sensors are integral to electric vehicles, robotics, smartphones, and renewable energy systems - all of which are key pillars of today's digital economy. As the market evolves, technological innovation, miniaturization, and integration with IoT and AI platforms are redefining competitive dynamics. Leading…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
A detailed report on Global Magnetic Materials providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Magnetic Materials , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production,…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
Coherent Market Insights, one of the leading market research firm has recently published a report.This report will provide data on the current and future trends of market, ongoing competition, key players share, market volume and value, etc. The key information covered in the report will help the existing as well as new entrants to get in-depth market knowledge and make appropriate business decisions for short term and long-term. The Magnetic…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
The Magnetic Materials report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Magnetic Materials during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping…
Alnico Market 2019 Global Trends, Sales Revenue, Key Players - Adams Magnetic Pr …
This study focuses on the production side and consumption side of Alnico, presents the global Alnico market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Alnico capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on…
Permanent Magnet Motor Market | Hitachi Metals Ltd., Adams Magnetic Products Co. …
Global Permanent Magnet Motor Market: Overview
The global market for permanent magnet motor has been growing at the back of the customised needs of various industrial units. Permanent magnet motors offer a wide range of advantages over other kinds of motors which has driven demand for the former across the globe. The permanent magnet motors are manufactured by creating a persistent magnetic field through a magnetized material, and these motors are…
