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Global Soft Magnetic Materials Market (2021-2026) by Material Type, Application, End-Use, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5503459
  • Report
  • November 2021
  • Region: Global
  • 166 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Ames SA
  • Fluxtrol, Inc
  • Hitachi Metals Ltd.
  • JFE Steel Group
  • Mate Co. Ltd.
  • Rio Tinto PLC
The Global Soft Magnetic Materials Market is estimated to be USD 25.6 Bn in 2021 and is expected to reach USD 38.94 Bn by 2026, growing at a CAGR of 8.75%.



Market Dynamics

Materials with a steep rising magnetization curve, relatively small and narrow hysteresis loop and consequently small energy losses for each cycle of magnetization are called soft magnetic materials. Soft magnetic material is popularly used in motor applications as it enhances the field produced by motor winding. Factors such as increasing demand for soft magnetic materials from the automotive industry, new product launches in the soft magnetic materials market, increasing usage of soft magnetic materials in motors, transformers, and alternators and development and modernization of infrastructure are drivers for the market growth. Whereas volatile raw material prices act as a restraint for the market.

Increasing demand from emerging economies is an opportunity for the market but to reduce the eddy current loss is a challenge for it.

Market Segmentation


The Global Soft Magnetic Materials Market is segmented further based on material type, application, end-use and Geography.

By Material Type, the market is classified into Electrical Steel, Soft Ferrite, Cobalt and Other segments. Amongst all segments the Electrical Steel segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified into Motors, Transformers, Alternators and other segments. Amongst all, the Motors segment is estimated to hold the highest market share during the forecast period.

By End-use Industry, the market is classified into Automotive, Electronics & Telecommunications, Electrical and Other segments. Amongst all, the Automotive segment is estimated to hold the highest market share during the forecast period.

By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Fraunhofer IFAM launches new research area on soft magnetic materials - 30th July 2020
2. Scientists have developed a new way to cure adhesives using a magnetic field - 22nd December 2020

Company Profiles

Some of the companies covered in this report are Hitachi Metals Ltd., Toshiba Materials Company Ltd., GKN Sinter Metals, Arnold Magnetic Technologies, JFE Steel Group, Sintex A/S, Mahindra CIE, Mate Co. Ltd., etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Soft Magnetic Materials Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Soft Magnetic Materials Market

What is the estimated value of the Global Soft Magnetic Materials Market?

The Global Soft Magnetic Materials Market was estimated to be valued at $25600.0 Million in 2021.

What is the growth rate of the Global Soft Magnetic Materials Market?

The growth rate of the Global Soft Magnetic Materials Market is 8.8%, with an estimated value of $38940.0 Million by 2026.

What is the forecasted size of the Global Soft Magnetic Materials Market?

The Global Soft Magnetic Materials Market is estimated to be worth $38940.0 Million by 2026.

Who are the key companies in the Global Soft Magnetic Materials Market?

Key companies in the Global Soft Magnetic Materials Market include Hitachi Metals Ltd., Toshiba Materials Company Ltd., GKN Sinter Metals, Arnold Magnetic Technologies, JFE Steel Group, Sintex A/S, Mahindra CIE, Mate Co. Ltd. and Sintered Specialties LLC.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ames SA
  • Fluxtrol, Inc
  • Hitachi Metals Ltd.
  • JFE Steel Group
  • Mate Co. Ltd.
  • Rio Tinto PLC

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Demand for Soft Magnetic Materials from the Automotive Industry
4.1.2 New Product Launches in the Soft Magnetic Materials Market
4.1.3 Increasing Usage of Soft Magnetic Materials in Motors, Transformers, and Alternators
4.1.4 Development and Modernization of Infrastructure
4.2 Restraints
4.2.1 Volatile Raw Material Prices
4.3 Opportunities
4.3.1 Increasing Demand from Emerging Economies
4.4 Challenges
4.4.1 To Reduce the Eddy Current Loss
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Soft Magnetic Materials Market, By Material Type
6.1 Introduction
6.2 Electrical Steel
6.3 Soft Ferrite
6.3.1 Iron Low Carbon Steel Alloy
6.4 Cobalt
6.4.1 Nickel-Cobalt Alloy
6.5 Others
6.5.1 Aluminium
6.5.2 Chromium
6.5.3 Phosphorus
7 Global Soft Magnetic Materials Market, By Application
7.1 Introduction
7.2 Motors
7.3 Transformers
7.4 Alternators
7.5 Others
7.5.1 Relays
7.5.2 Choke Coils
7.5.3 Generators
7.5.4 Loud Speakers and Earphones
8 Global Soft Magnetic Materials Market, By End-Use Industry
8.1 Introduction
8.2 Automotive
8.3 Electronics & Telecommunications
8.4 Electrical
8.5 Others
8.5.1 Aerospace
8.5.2 Defence
9 Global Soft Magnetic Materials Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates
10 Competitive Landscape
10.1 IGR Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Hitachi Metals Ltd.
11.2 Toshiba Materials Company Ltd.
11.3 GKN Sinter Metals
11.4 Arnold Magnetic Technologies
11.5 JFE Steel Group
11.6 Sintex A/S
11.7 Mahindra CIE
11.8 Mate Co. Ltd.
11.9 Meyer Sintermetall AG
11.10 Sintered Specialties LLC
11.11 Vacuumschmelze GmbH & C0. Kg
11.12 Steward Advanced Materials LLC
11.13 Ames SA
11.14 Daido Steel Co. Ltd.
11.15 Fluxtrol, Inc
11.16 Hengdian Group DMEGC Magnetics Co., Ltd.
11.17 Hoganas AB
11.18 Mahindra CIE Automotive Ltd
11.19 Rio Tinto PLC
11.20 Sanyo Special Steel Co., Ltd.
11.21 Sumitomo Metal Mining Co., Ltd.
12 Appendix
12.1 Questionnaire
Note: Product cover images may vary from those shown
  • Hitachi Metals Ltd.
  • Toshiba Materials Company Ltd.
  • GKN Sinter Metals
  • Arnold Magnetic Technologies
  • JFE Steel Group
  • Sintex A/S
  • Mahindra CIE
  • Mate Co. Ltd.
  • Meyer Sintermetall AG
  • Sintered Specialties LLC
  • Vacuumschmelze GmbH & C0. Kg
  • Steward Advanced Materials LLC
  • Ames SA
  • Daido Steel Co. Ltd.
  • Fluxtrol, Inc
  • Hengdian Group DMEGC Magnetics Co., Ltd.
  • Hoganas AB
  • Mahindra CIE Automotive Ltd
  • Rio Tinto PLC
  • Sanyo Special Steel Co., Ltd.
  • Sumitomo Metal Mining Co., Ltd.
Note: Product cover images may vary from those shown