Soft magnetic alloys are ferromagnetic materials that are easy to magnetize and demagnetize. In order to provide the best magnetic properties, these soft iron-based alloys have very low carbon, nitrogen and oxygen content. They rely on various added phosphorus, nickel and silicon to optimize the magnetic flux density, permeability and coercivity.
This report contains market size and forecasts of Soft Magnetic Alloys in global, including the following market information:
Global Soft Magnetic Alloys Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Soft Magnetic Alloys Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Soft Magnetic Alloys companies in 2021 (%)
The global Soft Magnetic Alloys market was valued at 3428.7 million in 2021 and is projected to reach US$ 6528.8 million by 2028, at a CAGR of 9.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Carbon Steel / Fe-Si Alloy Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Soft Magnetic Alloys include Sandvik, VACUUMSCHMELZE, Aperam, VDM Metals, Advanced Technology & Materials, Yunlu Energy, Carpenter, POCO Holding and Ugitech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Soft Magnetic Alloys manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Soft Magnetic Alloys Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Soft Magnetic Alloys Market Segment Percentages, by Type, 2021 (%)
Low Carbon Steel / Fe-Si Alloy
Fe-Ni / Fe-Co Alloy
Amorphous / Nanocrystalline Alloy
Others
Global Soft Magnetic Alloys Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Soft Magnetic Alloys Market Segment Percentages, by Application, 2021 (%)
Consumer Electronics
Power
New Energy Vehicles
Others
Global Soft Magnetic Alloys Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Soft Magnetic Alloys Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Soft Magnetic Alloys revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Soft Magnetic Alloys revenues share in global market, 2021 (%)
Key companies Soft Magnetic Alloys sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Soft Magnetic Alloys sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
VACUUMSCHMELZE
Aperam
VDM Metals
Advanced Technology & Materials
Yunlu Energy
Carpenter
POCO Holding
Ugitech
Hitachi-Metals
KeDa Magnetoelectricity
Nippon Yakin
Ualloy Material
JLC Electromet
GangYan Special Alloy
NiWire Industries
Beiye