PUBLISHER: QYResearch | PRODUCT CODE: 1873357
PUBLISHER: QYResearch | PRODUCT CODE: 1873357
The global market for Soft Magnetic Alloys was estimated to be worth US$ 25285 million in 2024 and is forecast to a readjusted size of US$ 34937 million by 2031 with a CAGR of 5.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Soft Magnetic Alloys cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Soft magnetic alloys are materials that can be easily magnetized and demagnetized under an external magnetic field. They are characterized by high magnetic permeability, low coercivity, and minimal hysteresis loss, making them ideal for applications involving alternating magnetic fields. These materials play a critical role in energy transfer and conversion across a wide range of industries, including power electronics, telecommunications, automation, and household appliances.
Soft magnetic alloys are essential in EV powertrains, including traction motors, onboard chargers (OBC), and DC-DC converters. The global acceleration in EV production significantly boosts demand for high-performance magnetic materials. Applications in photovoltaic inverters, wind power systems, and energy storage converters require high-efficiency magnetic cores, driving the adoption of amorphous and nanocrystalline materials.
The rise of wide-bandgap semiconductors like SiC and GaN in power electronics demands magnetic materials that perform well at higher frequencies, such as nanocrystalline ribbons and metal powder cores.
Green steel, recyclable soft magnetic alloys, and eco-friendly production processes are gaining attention, aligned with growing ESG and carbon neutrality initiatives across industries.
The global key manufacturers of Soft Magnetic Alloys include Baowu Group, Nippon Steel, Shougang Group, JFE Steel, ThyssenKrupp, Ansteel, TISCO, NLMK, and Posco, etc. In 2024, the global top five players hold a share approximately 48% in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Soft Magnetic Alloys, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Soft Magnetic Alloys by region & country, by Type, and by Application.
The Soft Magnetic Alloys market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Soft Magnetic Alloys.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Soft Magnetic Alloys manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Soft Magnetic Alloys in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Soft Magnetic Alloys in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.