PUBLISHER: QYResearch | PRODUCT CODE: 1876093
PUBLISHER: QYResearch | PRODUCT CODE: 1876093
The global market for Powder Magnetic Cores was estimated to be worth US$ 841 million in 2024 and is forecast to a readjusted size of US$ 2070 million by 2031 with a CAGR of 13.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Powder Magnetic Cores cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Magnetic Powder Cores consist of soft-magnetic metallic powder, mostly iron and its alloys (mixed with nickel, molybdenum, silicon and others), embedded in a binder material. The powder mix is pressed into desired shapes, but as it is not sintered, grains stay isolated. As a result, all these cores contain a so-called distributed air gap resulting in low permeability and soft saturation behaviour. The different compositions of powder, grain size and densities of the particles within the core allow for a wide range of permeability (10 to 550) and other material properties.
With the rapid development of new energy vehicles and energy storage industries, the demand for high-performance inductors has increased, and the demand for high-frequency and high-stability magnetic materials in fields such as 5G base stations, servers, and high-performance computing has increased. Metal magnetic powder cores are widely used in the field of renewable energy due to their excellent high temperature resistance and low loss performance. These factors have driven the continued growth of the metal magnetic powder core market.
From the production side, China and South Korea are two important production regions, accounting for 57% and 17% of the market share respectively in 2024. It is expected that China will maintain the fastest growth rate in the next few years, and the share is expected to reach 67% in 2031.
From the perspective of manufacturers, globally, the core manufacturers of metal magnetic powder cores mainly include Platinum New Materials, Zhejiang Dongmu Keda, South Korea Changxing, American Magnetics and Micrometals. In 2024, the world's first-tier manufacturers include Platinum New Materials, Zhejiang Dongmu Keda, South Korea's Changxing and Magnetics, with the first-tier accounting for approximately 54% of the market share; the second-tier manufacturers include Micrometals, Eastern Electronic Materials, Tiantong Magnetic Materials, Hengdian Dongmeihe, and Red Magnetics, which together account for 14% of the market share.
This report aims to provide a comprehensive presentation of the global market for Powder Magnetic Cores, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Powder Magnetic Cores by region & country, by Type, and by Application.
The Powder Magnetic Cores market size, estimations, and forecasts are provided in terms of sales volume (Tons) 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 Powder Magnetic Cores.
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 Powder Magnetic Cores 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 Powder Magnetic Cores 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 Powder Magnetic Cores 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.