Global Iron-based Soft Magnetic Materials Market Growth 2025-2031

The global Iron-based Soft Magnetic Materials market size is predicted to grow from US$ 697 million in 2025 to US$ 1677 million in 2031; it is expected to grow at a CAGR of 15.8% from 2025 to 2031.

Iron-based soft magnetic materials are materials primarily composed of iron or its alloys, known for their excellent magnetic properties, such as high magnetic permeability, low coercivity, and low energy loss. These materials are widely used in applications that require efficient magnetic energy transfer, such as transformers, motors, inductors, and electromagnetic shielding.

United States market for Iron-based Soft Magnetic Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Iron-based Soft Magnetic Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Iron-based Soft Magnetic Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Iron-based Soft Magnetic Materials players cover Sandvik, POCO Magnetic, CSC (Changsung Corp.), MAGNETICS, Nanjing New Conda Magnetic, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Iron-based Soft Magnetic Materials Industry Forecast” looks at past sales and reviews total world Iron-based Soft Magnetic Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected Iron-based Soft Magnetic Materials sales for 2025 through 2031. With Iron-based Soft Magnetic Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Iron-based Soft Magnetic Materials industry.

This Insight Report provides a comprehensive analysis of the global Iron-based Soft Magnetic Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Iron-based Soft Magnetic Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Iron-based Soft Magnetic Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Iron-based Soft Magnetic Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Iron-based Soft Magnetic Materials.

This report presents a comprehensive overview, market shares, and growth opportunities of Iron-based Soft Magnetic Materials market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Pure Iron Soft Magnetic Powder
Alloy Soft Magnetic Powder
Others

Segmentation by Application:
New Energy Vehicles
Photovoltaics and Wind Power
Household Appliances
UPS
Telecommunication
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sandvik
POCO Magnetic
CSC (Changsung Corp.)
MAGNETICS
Nanjing New Conda Magnetic
Advanced Technology & Materials
Qingdao Yunlu Advanced Materials
Jiangxi Yuean Advanced Materials
ZheJiang NBTM KeDa (KDM)
Proterial, Ltd. (Formerly Hitachi Metals)
Hunan Hualiu New Materials
Amogreentech
Micrometals
Epson Atmix
Dongbu Electronic Materials
Yahao Materials & Technology
Nopion Co., Ltd.
Samwha Electronics
DOWA Electronics Materials
Daido Steel
Hoganas

Key Questions Addressed in this Report

What is the 10-year outlook for the global Iron-based Soft Magnetic Materials market?

What factors are driving Iron-based Soft Magnetic Materials market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Iron-based Soft Magnetic Materials market opportunities vary by end market size?

How does Iron-based Soft Magnetic Materials break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.