Global Soft Magnetic Materials Market Growth 2025-2031

Global Soft Magnetic Materials Market Growth 2025-2031

The global Soft Magnetic Materials market size is predicted to grow from US$ 2339 million in 2025 to US$ 2504 million in 2031; it is expected to grow at a CAGR of 1.1% from 2025 to 2031.

Soft magnetic materials are those materials that are easily magnetised and demagnetised. They typically have intrinsic coercivity less than 1000 Am-1. They are used primarily to enhance and/or channel the flux produced by an electric current. Soft magnetic materials have been used widely in generators, transformers, and switching circuits.

Global key producers of soft magnetic materials include Proterial, Ltd., TDK, DMEGC, Qingdao Yunlu, TDG, and others. The top five producers together account for 25% of the market share, with the largest producer being Proterial, Ltd. with 6%. The global origins are mainly located in North America, China, Japan, Korea, Taiwan（China）, and Europe. In terms of product categories, soft ferrite magnetic materials hold the largest market share with 67%, followed by metal magnetic powder materials and amorphous magnetic materials. In terms of applications, home appliances and consumer electronics are the top application areas, with a market share of nearly 30%. In addition, communication industry, automotive and transportation industry and photovoltaic wind power are also its main application areas.

LP Information, Inc. (LPI) ' newest research report, the “Soft Magnetic Materials Industry Forecast” looks at past sales and reviews total world Soft Magnetic Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected Soft Magnetic Materials sales for 2025 through 2031. With 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 Soft Magnetic Materials industry.

This Insight Report provides a comprehensive analysis of the global 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 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 Soft Magnetic Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Soft Magnetic Materials.

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

Segmentation by Type:
Soft Ferrite Materials
Metal Magnetic Powder Materials
Amorphous Magnetic Materials
Nanocrystalline Soft Magnetic Materials
Others

Segmentation by Application:
Communication
Home Appliances and Consumer Electronics
Automotive and Transportation
Photovoltaics and Wind Power
Lighting Industry
Computers and Office Equipment
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.
Proterial, Ltd.
TDK
DMEGC
Qingdao Yunlu
TDG
POCO Magnetic
MAGNETICS
CSC (Changsung Corp.)
ZheJiang NBTM KeDa (KDM)
Advanced Technology
FERROXCUBE
Acme Electronics
Tianchang Zhongde Electronic
Kaiyuan Magnetism
JPMF (Guangdong LingYI)
Shanghai Jishun Magnetic Material
Samwha Electronics
Haining Lianfeng
Nanjing New Conda
Zhejiang Zhaojing
Dongbu Electronic Materials
Micrometals
JFE Chemical
Shandong Jianuo Electronic
Sunshine Electronic Technology
Suzhou Tianyuan Magnetic
Tomita Electric
Shanghai Magway Magnetic
Haining Ferriwo Electronics

Key Questions Addressed in this Report

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

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

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

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

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

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