Soft Magnet Powder Market - Forecast(2024 - 2030)

Report Code: CMR 73063 Report Format: PDF + Excel
Soft magnet powder market size is forecast to reach $XX billion after growing at a CAGR of 9% during 2020-2025. Soft magnet powder has isotropic magnetic and thermal properties owing its use in various applications in automotive, electrical and electronics industry. Powder is pressed into desired shapes to produce components with 3D structures, resulting in lower wastage of material. Moreover, sustainability concern and awareness for lower greenhouse gas emissions followed by government regulations is boosting the growth of soft magnet powder market.

Report Coverage
The report: “Soft Magnet Powder Market– Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the soft magnet powder industry.

By Material Type: Soft Ferrite, Electrical Steel, Amorphous Steel, Cold-Rolled Lamination Steel, Cobalt, Silicon Steels, Low Carbon Steel Alloy, Aluminium, Phosphorus, Chromium, Sintered Iron Powder
By Application: Alternators, Motors & Transformers, Electromagnets, Solenoids, Relays, Loud speakers and others
By End Use: Electronics & Telecommunications, Automotive, Aerospace and Others
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways
  • Asia Pacific especially China has dominated the soft magnet powder market due to its large demand in automotive and electronics industry.
  • The ability of soft magnet powder to resist the changes during magnetization is driving the growth of market.
  • Increasing demands of hybrid and electric vehicles are boosting the soft magnet powder market.

By Type of Material - Segment Analysis
On the basis of type of material, electrical steel is the fastest growing segment with a CAGR of 10.5% during the forecast period in soft magnet powder market. Properties such as high permeability, low magnetostriction and high electrical resistivity is driving the growth of soft magnet powder market. Additionally, it also lowers the core and hysteresis loss by reducing the eddy current, finding its applications in generators, transformers, alternators, motors and solenoids.

By Application - Segment Analysis
Motors & transformers segment holds the largest share of more than 25% in soft magnet powder market. Soft magnet powder improves the induction of core materials at both low and high frequencies and are used in various motors such as dc brushless motor, servo motor and variable speed motor. It reduces heat in the magnet core which in turn increases efficiency of motor and drives the growth of soft magnet powder market.

By End Use - Segment Analysis
On the basis of end use, electronic & telecommunication segment holds the largest share of more than 30% in the soft magnet powder market. They find application in almost every electrical and electronics ranging from transformers and motors to speakers and laptops. Automotive segment has also shown significant growth in soft magnet powder market as they are used for making for making induction coils and fuel injectors in diesel engines, subsequently augmenting the growth of market.
Coronavirus has badly affected the growth of soft magnet powder market. Manufacturing units are shuttered all around the world, supply chains have been disrupted and people stuck in their houses due to lockdown. Coronavirus has resulted in decrease in purchasing capital which in turn impacted the sales of automotive and electronic equipment. According to the Cellular & Electronic Association of India, the lockdown would lead to a lack of $1309.2 Mn to $1963.8 Mn in 2020. Thus, decreases in sales of electronic products has hampered the growth of soft magnet powder market. Also, according to the Society of India Automobile Manufacturers (SIAM), passenger vehicle sales declined by 51% to 143,014 units in March 2020 whereas the sales of commercial vehicles crashed 88% to 13,027 units, subsequently affecting the growth of soft magnet powder market.

Geography- Segment Analysis
Asia pacific dominated the soft magnet powder market with a share of more than 35% in 2019 followed by North America and Europe. Continuous rise in end use industries like automotive, and electronics has fueled the growth of soft magnet powder market in these regions. Moreover, increase in transformer bases to meet the power requirements of exponentially growing population has also augmented the growth of soft magnet powder market. According to International Energy Agency (IEA), electric cars demand has grown rapidly and there were 5.1 million of electric passenger cars on the road worldwide by the end of 2018, of which 45% were in China, 24% in Europe and 22% in United States. China followed by Japan and Taiwan has shown significant growth due to well established automotive and electronics sector whereas India, Malaysia and Indonesia have huge potential to grow.

Drivers – Soft Magnet Powder Market

  • Growing demand from electrical and automotive sector
With the increase in environmental concern, world is heading towards electric vehicles that emits less or zero carbon dioxide and clean energy generated by solar and wind power. The rising demands of electric vehicles in developing countries like China and Japan has boosted the demand of induction motor, subsequently accelerating the growth of soft magnet powder market. Furthermore, increase in disposal income coupled with high standard of living has inflated the use of electrical appliances for household purposes, substantially contributing the growth of soft magnet powder market.

Challenges – Soft Magnet Powder Market

  • High manufacturing cost and volatile prices
Soft magnetic powder is manufactured by pulverizing the raw material into fine powder. Pulverizing the material requires huge amount of energy resulting in increase of manufacturing cost. Additionally, fluctuation in prices of raw materials acts as a restraining factor for the growth of soft magnetic powder market.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the soft magnet powder market. In 2019, the market of soft magnet powder has been consolidated by the top five players accounting for xx% of the soft magnet powder market share. Major top 10 companies of soft magnet powder market are Arnold Magnetic Technologies, DEXTER MAGNETIC TECHNOLOGIES, FJ Industries AS, Hitachi Metals Ltd., Höganäs AB, SG Technologies Ltd., Sintex AS, Steward Advanced Materials LLC., Sumitomo Metal Mining Co. Ltd., and Vacuumschmelze GmbH & Co. KG, among others.

Acquisition / Developments
  • In April 2019, Fraunhofer Institute for Integrated Systems and Device Technology IISB, (Fraunhofer IISB) and the Global Research & Innovative Technology Center of Hitachi Metals, Ltd. has developed a technology to enhance the power density in compact on-board charger (OBC) used in electric vehicles (EVs).

1. Soft Magnet Powder Market- Market Overview
    1.1 Definitions and Scope
2. Soft Magnet Powder Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Material
    2.3 Key Trends by Application
    2.4 Key Trends by End Use
    2.5 Key Trends by Geography
3. Soft Magnet Powder Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Soft Magnet Powder Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Soft Magnet Powder Market -Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Soft Magnet Powder Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Soft Magnet Powder Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Soft Magnet Powder Market – By Materials (Market Size -$Million, KT)
    8.1 Soft Ferrites
    8.2 Perm alloy
    8.3 Amorphous Metal
    8.4 Insulated Iron Powder
    8.5 Cold-Rolled Lamination Steel
    8.6 Low Carbon Steel Alloy
    8.7 Phosphorus Alloyed Powder
    8.8 Sintered Iron Powder
    8.9 Others
9. Soft Magnet Powder Market – By Application (Market Size -$Million, KT)
    9.1 Loud Speaker
    9.2 Earphone
    9.3 Choke Coil
    9.4 Relay
    9.5 Solenoid
    9.6 Electro Magnet
    9.7 Motors
    9.8 Transformers
    9.9 Alternators
    9.10 Electrical Coils
    9.11 Sensors
    9.12 Stators
    9.13 Others
10. Soft Magnet Powder Market - By End User (Market Size -$Million / KT)
    10.1 Automotive
    10.2 Telecommunication
    10.3 Defense
    10.4 Electrical and Electronics
    10.5 Others
11. Soft Magnet Powder Market - By Geography (Market Size -$Million / KT)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest of South America
    11.3 Europe
        11.3.1 U.K
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Netherlands
        11.3.6 Spain
        11.3.7 Russia
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia Pacific
        11.4.1 China
        11.4.2 India
        11.4.3 Australia and New Zealand
        11.4.4 Japan
        11.4.5 South Korea
        11.4.6 Rest of Asia Pacific
    11.5 ROW
        11.5.1 Middle East
            11.5.1.1 UAE
            11.5.1.2 Saudi Arabia
            11.5.1.3 Israel
            11.5.1.4 Others
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Soft Magnet Powder Market - Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Market Share Analysis (Premium)
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Soft Magnet Powder Market -List of Key Companies by Country (Premium) 
15. Soft Magnet Powder Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Global Soft Magnet Powder Market, By Material Market 2023-2030 ($M)
1.1 Soft Ferrite Market 2023-2030 ($M) - Global Industry Research
1.2 Electrical Steel Market 2023-2030 ($M) - Global Industry Research
1.3 Amorphous Steel Market 2023-2030 ($M) - Global Industry Research
1.4 Cold-Rolled Lamination Steel Market 2023-2030 ($M) - Global Industry Research
1.5 Cobalt Market 2023-2030 ($M) - Global Industry Research
1.6 Silicon Steel Market 2023-2030 ($M) - Global Industry Research
1.7 Low Carbon Steel Alloy Market 2023-2030 ($M) - Global Industry Research
1.8 Aluminum Market 2023-2030 ($M) - Global Industry Research
1.9 Phosphorus Market 2023-2030 ($M) - Global Industry Research
1.10 Chromium Market 2023-2030 ($M) - Global Industry Research
1.11 Sintered Iron Powder Market 2023-2030 ($M) - Global Industry Research
2.Global Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 ($M)
2.1 Electrical Market 2023-2030 ($M) - Global Industry Research
2.2 Electronics Telecommunication Market 2023-2030 ($M) - Global Industry Research
2.3 Automotive Market 2023-2030 ($M) - Global Industry Research
3.Global Global Soft Magnet Powder Market, By Material Market 2023-2030 (Volume/Units)
3.1 Soft Ferrite Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Electrical Steel Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Amorphous Steel Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 Cold-Rolled Lamination Steel Market 2023-2030 (Volume/Units) - Global Industry Research
3.5 Cobalt Market 2023-2030 (Volume/Units) - Global Industry Research
3.6 Silicon Steel Market 2023-2030 (Volume/Units) - Global Industry Research
3.7 Low Carbon Steel Alloy Market 2023-2030 (Volume/Units) - Global Industry Research
3.8 Aluminum Market 2023-2030 (Volume/Units) - Global Industry Research
3.9 Phosphorus Market 2023-2030 (Volume/Units) - Global Industry Research
3.10 Chromium Market 2023-2030 (Volume/Units) - Global Industry Research
3.11 Sintered Iron Powder Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 (Volume/Units)
4.1 Electrical Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Electronics Telecommunication Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Automotive Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Global Soft Magnet Powder Market, By Material Market 2023-2030 ($M)
5.1 Soft Ferrite Market 2023-2030 ($M) - Regional Industry Research
5.2 Electrical Steel Market 2023-2030 ($M) - Regional Industry Research
5.3 Amorphous Steel Market 2023-2030 ($M) - Regional Industry Research
5.4 Cold-Rolled Lamination Steel Market 2023-2030 ($M) - Regional Industry Research
5.5 Cobalt Market 2023-2030 ($M) - Regional Industry Research
5.6 Silicon Steel Market 2023-2030 ($M) - Regional Industry Research
5.7 Low Carbon Steel Alloy Market 2023-2030 ($M) - Regional Industry Research
5.8 Aluminum Market 2023-2030 ($M) - Regional Industry Research
5.9 Phosphorus Market 2023-2030 ($M) - Regional Industry Research
5.10 Chromium Market 2023-2030 ($M) - Regional Industry Research
5.11 Sintered Iron Powder Market 2023-2030 ($M) - Regional Industry Research
6.North America Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 ($M)
6.1 Electrical Market 2023-2030 ($M) - Regional Industry Research
6.2 Electronics Telecommunication Market 2023-2030 ($M) - Regional Industry Research
6.3 Automotive Market 2023-2030 ($M) - Regional Industry Research
7.South America Global Soft Magnet Powder Market, By Material Market 2023-2030 ($M)
7.1 Soft Ferrite Market 2023-2030 ($M) - Regional Industry Research
7.2 Electrical Steel Market 2023-2030 ($M) - Regional Industry Research
7.3 Amorphous Steel Market 2023-2030 ($M) - Regional Industry Research
7.4 Cold-Rolled Lamination Steel Market 2023-2030 ($M) - Regional Industry Research
7.5 Cobalt Market 2023-2030 ($M) - Regional Industry Research
7.6 Silicon Steel Market 2023-2030 ($M) - Regional Industry Research
7.7 Low Carbon Steel Alloy Market 2023-2030 ($M) - Regional Industry Research
7.8 Aluminum Market 2023-2030 ($M) - Regional Industry Research
7.9 Phosphorus Market 2023-2030 ($M) - Regional Industry Research
7.10 Chromium Market 2023-2030 ($M) - Regional Industry Research
7.11 Sintered Iron Powder Market 2023-2030 ($M) - Regional Industry Research
8.South America Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 ($M)
8.1 Electrical Market 2023-2030 ($M) - Regional Industry Research
8.2 Electronics Telecommunication Market 2023-2030 ($M) - Regional Industry Research
8.3 Automotive Market 2023-2030 ($M) - Regional Industry Research
9.Europe Global Soft Magnet Powder Market, By Material Market 2023-2030 ($M)
9.1 Soft Ferrite Market 2023-2030 ($M) - Regional Industry Research
9.2 Electrical Steel Market 2023-2030 ($M) - Regional Industry Research
9.3 Amorphous Steel Market 2023-2030 ($M) - Regional Industry Research
9.4 Cold-Rolled Lamination Steel Market 2023-2030 ($M) - Regional Industry Research
9.5 Cobalt Market 2023-2030 ($M) - Regional Industry Research
9.6 Silicon Steel Market 2023-2030 ($M) - Regional Industry Research
9.7 Low Carbon Steel Alloy Market 2023-2030 ($M) - Regional Industry Research
9.8 Aluminum Market 2023-2030 ($M) - Regional Industry Research
9.9 Phosphorus Market 2023-2030 ($M) - Regional Industry Research
9.10 Chromium Market 2023-2030 ($M) - Regional Industry Research
9.11 Sintered Iron Powder Market 2023-2030 ($M) - Regional Industry Research
10.Europe Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 ($M)
10.1 Electrical Market 2023-2030 ($M) - Regional Industry Research
10.2 Electronics Telecommunication Market 2023-2030 ($M) - Regional Industry Research
10.3 Automotive Market 2023-2030 ($M) - Regional Industry Research
11.APAC Global Soft Magnet Powder Market, By Material Market 2023-2030 ($M)
11.1 Soft Ferrite Market 2023-2030 ($M) - Regional Industry Research
11.2 Electrical Steel Market 2023-2030 ($M) - Regional Industry Research
11.3 Amorphous Steel Market 2023-2030 ($M) - Regional Industry Research
11.4 Cold-Rolled Lamination Steel Market 2023-2030 ($M) - Regional Industry Research
11.5 Cobalt Market 2023-2030 ($M) - Regional Industry Research
11.6 Silicon Steel Market 2023-2030 ($M) - Regional Industry Research
11.7 Low Carbon Steel Alloy Market 2023-2030 ($M) - Regional Industry Research
11.8 Aluminum Market 2023-2030 ($M) - Regional Industry Research
11.9 Phosphorus Market 2023-2030 ($M) - Regional Industry Research
11.10 Chromium Market 2023-2030 ($M) - Regional Industry Research
11.11 Sintered Iron Powder Market 2023-2030 ($M) - Regional Industry Research
12.APAC Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 ($M)
12.1 Electrical Market 2023-2030 ($M) - Regional Industry Research
12.2 Electronics Telecommunication Market 2023-2030 ($M) - Regional Industry Research
12.3 Automotive Market 2023-2030 ($M) - Regional Industry Research
13.MENA Global Soft Magnet Powder Market, By Material Market 2023-2030 ($M)
13.1 Soft Ferrite Market 2023-2030 ($M) - Regional Industry Research
13.2 Electrical Steel Market 2023-2030 ($M) - Regional Industry Research
13.3 Amorphous Steel Market 2023-2030 ($M) - Regional Industry Research
13.4 Cold-Rolled Lamination Steel Market 2023-2030 ($M) - Regional Industry Research
13.5 Cobalt Market 2023-2030 ($M) - Regional Industry Research
13.6 Silicon Steel Market 2023-2030 ($M) - Regional Industry Research
13.7 Low Carbon Steel Alloy Market 2023-2030 ($M) - Regional Industry Research
13.8 Aluminum Market 2023-2030 ($M) - Regional Industry Research
13.9 Phosphorus Market 2023-2030 ($M) - Regional Industry Research
13.10 Chromium Market 2023-2030 ($M) - Regional Industry Research
13.11 Sintered Iron Powder Market 2023-2030 ($M) - Regional Industry Research
14.MENA Global Soft Magnet Powder Market, By End-Use Industry Market 2023-2030 ($M)
14.1 Electrical Market 2023-2030 ($M) - Regional Industry Research
14.2 Electronics Telecommunication Market 2023-2030 ($M) - Regional Industry Research
14.3 Automotive Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Soft Magnet Powder Market Revenue, 2023-2030 ($M)
2.Canada Soft Magnet Powder Market Revenue, 2023-2030 ($M)
3.Mexico Soft Magnet Powder Market Revenue, 2023-2030 ($M)
4.Brazil Soft Magnet Powder Market Revenue, 2023-2030 ($M)
5.Argentina Soft Magnet Powder Market Revenue, 2023-2030 ($M)
6.Peru Soft Magnet Powder Market Revenue, 2023-2030 ($M)
7.Colombia Soft Magnet Powder Market Revenue, 2023-2030 ($M)
8.Chile Soft Magnet Powder Market Revenue, 2023-2030 ($M)
9.Rest of South America Soft Magnet Powder Market Revenue, 2023-2030 ($M)
10.UK Soft Magnet Powder Market Revenue, 2023-2030 ($M)
11.Germany Soft Magnet Powder Market Revenue, 2023-2030 ($M)
12.France Soft Magnet Powder Market Revenue, 2023-2030 ($M)
13.Italy Soft Magnet Powder Market Revenue, 2023-2030 ($M)
14.Spain Soft Magnet Powder Market Revenue, 2023-2030 ($M)
15.Rest of Europe Soft Magnet Powder Market Revenue, 2023-2030 ($M)
16.China Soft Magnet Powder Market Revenue, 2023-2030 ($M)
17.India Soft Magnet Powder Market Revenue, 2023-2030 ($M)
18.Japan Soft Magnet Powder Market Revenue, 2023-2030 ($M)
19.South Korea Soft Magnet Powder Market Revenue, 2023-2030 ($M)
20.South Africa Soft Magnet Powder Market Revenue, 2023-2030 ($M)
21.North America Soft Magnet Powder By Application
22.South America Soft Magnet Powder By Application
23.Europe Soft Magnet Powder By Application
24.APAC Soft Magnet Powder By Application
25.MENA Soft Magnet Powder By Application
26.Sg Technology Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Vacuumschmelze Gmbh Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Steward Advanced Material, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Mate Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Gkn Sinter Metal, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Hitachi Metal Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Sintex A/S, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Toshiba Material Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Ames Sa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Daido Steel Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)