Asia-Pacific Soft Magnetic Materials Market to 2032
Overview
The Asia-Pacific Soft Magnetic Materials Market is expected to reach a 35.83 USD Billion by 2032 and is projected to grow at a CAGR of 7.64% from 2025 to 2032.
Revenue, 2024 (USD Billion)
20.04
Forecast, 2032 (USD Billion)
35.83
CAGR, 2024 - 2032
7.64%
Report Coverage
Asia-Pacific
Asia-Pacific Soft Magnetic Materials Market 2018-2032 USD Billion
Asia-Pacific Soft Magnetic Materials Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 20.04 USD Billion
- Projected Market Size (2032): 35.83 USD Billion
- CAGR (2025-2032): 7.64%
Key Findings of Asia-Pacific Soft Magnetic Materials Market
- The Asia-Pacific Soft Magnetic Materials Market was valued at 20.04 USD Billion in 2024.
- The Asia-Pacific Soft Magnetic Materials Market is likely to grow at a CAGR of 7.64% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct in Distribution Channel Segment accounted for the largest share of the market with a revenue of 13.16 USD Billion
- The fastest growing segment Soft Ferrites in Material Type Segment grew Fastest with a CAGR of 8.89% during the forecast period from 2024 to 2032.
Asia-Pacific Soft Magnetic Materials Market Scope
Asia-Pacific Soft Magnetic Materials Market Segmentation & Scope
End-User
- Others
- Construction Industry
- Renewable Energy
- Healthcare & Medical
- Aerospace & Defence
- Industrial Manufacturing
- IT and Telecommunication
- Consumer Electronics
- Electrical & Power Utilities
- Automotive Industry
Distribution Channel
- In-Direct
- Direct
Material Type
- Others
- Thin Films & Magnetic Coatings
- Iron-Silicon Powder
- Sendust Powder (Fe-Si-Al)
- Solenoid-quality Stainless Steel Powder
- High-purity Iron Powder
- CIP — Carbonyl Iron Powder (CIP)
- Permendur
- Permalloy
- Soft Magnetic Alloys
- Amorphous & Nanocrystalline Alloys
- Powdered Iron & Metal Powders
- Electrical Steels (Fe-Si)
- Soft Ferrites
Product Type
- Others
- Ingots
- Assembled Components
- Ribbons & Foils
- Powders & Granules
- Cores & Core Types
- Sheets & Strips
Manufacturing Process
- Others
- Powder Metallurgy
- Melt Spinning
- Cold Rolling & Annealing
Application
- Signal Processing & Noise Suppression
- Magnetic Recording & Data Storage
- Others
- Energy Storage & Transfer
- Magnetization & Demagnetization Systems
- Magnetic Shielding
- Electromagnetic Sensing & Detection
- Power Conditioning and Conversion
- Electromagnetic Energy Conversion
- Electromagnetic Induction
Asia-Pacific Soft Magnetic Materials Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 20.04 USD Billion |
| Market Value in 2032 | 35.83 USD Billion |
| CAGR (2025-2032) | 7.64% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Distribution Channel,Material Type,Product Type,Manufacturing Process,Application |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 20.04 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 8,418.94 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Soft Magnetic Materials Market to 2032, By End-User
- Automotive Industry is the largest segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a revenue of 5.71 USD Billion in the year 2024.
- Automotive Industry is the Fastest growing segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a Growth rate of 8.47 % in forecast period 2025-2032.
-
Asia-Pacific Soft Magnetic Materials Market to 2032, By Distribution Channel
- Direct is the largest segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a revenue of 13.16 USD Billion in the year 2024.
- In-Direct is the Fastest growing segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a Growth rate of 7.22 % in forecast period 2025-2032.
-
Asia-Pacific Soft Magnetic Materials Market to 2032, By Material Type
- Soft Ferrites is the largest segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a revenue of 5.68 USD Billion in the year 2024.
- Soft Ferrites is the Fastest growing segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a Growth rate of 8.89 % in forecast period 2025-2032.
-
Asia-Pacific Soft Magnetic Materials Market to 2032, By Product Type
- Sheets & Strips is the largest segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a revenue of 6.51 USD Billion in the year 2024.
- Sheets & Strips is the Fastest growing segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a Growth rate of 8.32 % in forecast period 2025-2032.
-
Asia-Pacific Soft Magnetic Materials Market to 2032, By Manufacturing Process
- Cold Rolling & Annealing is the largest segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a revenue of 12.45 USD Billion in the year 2024.
- Melt Spinning is the Fastest growing segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a Growth rate of 7.49 % in forecast period 2025-2032.
-
Asia-Pacific Soft Magnetic Materials Market to 2032, By Application
- Electromagnetic Induction is the largest segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a revenue of 6.41 USD Billion in the year 2024.
- Electromagnetic Energy Conversion is the Fastest growing segment in Asia-Pacific Soft Magnetic Materials Market to 2032 with a Growth rate of 8.34 % in forecast period 2025-2032.
Asia-Pacific Soft Magnetic Materials Market Company Share Analysis
| Company Name |
|
||
| TDK CORPORATION | |||
| TATA STEEL | |||
| ARCELORMITTAL | |||
| JFE STEEL CORPORATION | |||
| THYSSENKRUPP AG | |||
Asia-Pacific Soft Magnetic Materials Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Soft Magnetic Materials Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Soft Magnetic Materials Market is segmented based on Segmentation End-User,Distribution Channel,Material Type,Product Type,Manufacturing Process,Application.
Asia-Pacific Soft Magnetic Materials Market was valued at USD 20.04(Revenue in USD Billion) in 2024.
Asia-Pacific Soft Magnetic Materials Market is projected to grow at a CAGR of 7.64% during the forecast period of 2024 to 2032.
The Direct segment is expected to dominate the Asia-Pacific Soft Magnetic Materials Market, holding a largest market share of 13.16 USD Billion in 2024
Asia-Pacific Soft Magnetic Materials Market Scope
Asia-Pacific Soft Magnetic Materials Market Segmentation & Scope
End-User
- Others
- Construction Industry
- Renewable Energy
- Healthcare & Medical
- Aerospace & Defence
- Industrial Manufacturing
- IT and Telecommunication
- Consumer Electronics
- Electrical & Power Utilities
- Automotive Industry
Distribution Channel
- In-Direct
- Direct
Material Type
- Others
- Thin Films & Magnetic Coatings
- Iron-Silicon Powder
- Sendust Powder (Fe-Si-Al)
- Solenoid-quality Stainless Steel Powder
- High-purity Iron Powder
- CIP — Carbonyl Iron Powder (CIP)
- Permendur
- Permalloy
- Soft Magnetic Alloys
- Amorphous & Nanocrystalline Alloys
- Powdered Iron & Metal Powders
- Electrical Steels (Fe-Si)
- Soft Ferrites
Product Type
- Others
- Ingots
- Assembled Components
- Ribbons & Foils
- Powders & Granules
- Cores & Core Types
- Sheets & Strips
Manufacturing Process
- Others
- Powder Metallurgy
- Melt Spinning
- Cold Rolling & Annealing
Application
- Signal Processing & Noise Suppression
- Magnetic Recording & Data Storage
- Others
- Energy Storage & Transfer
- Magnetization & Demagnetization Systems
- Magnetic Shielding
- Electromagnetic Sensing & Detection
- Power Conditioning and Conversion
- Electromagnetic Energy Conversion
- Electromagnetic Induction
Frequently Asked Questions
The Asia-Pacific Soft Magnetic Materials Market is segmented based on Segmentation End-User,Distribution Channel,Material Type,Product Type,Manufacturing Process,Application.
Asia-Pacific Soft Magnetic Materials Market was valued at USD 20.04(Revenue in USD Billion) in 2024.
Asia-Pacific Soft Magnetic Materials Market is projected to grow at a CAGR of 7.64% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Soft Magnetic Materials Market for final year is USD 35.83 (USD Billion).
Asia-Pacific Soft Magnetic Materials Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Soft Magnetic Materials Market is segmented based on Segmentation End-User,Distribution Channel,Material Type,Product Type,Manufacturing Process,Application.
Asia-Pacific Soft Magnetic Materials Market was valued at USD 20.04(Revenue in USD Billion) in 2024.
Asia-Pacific Soft Magnetic Materials Market is projected to grow at a CAGR of 7.64% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Soft Magnetic Materials Market for final year is USD 35.83 (USD Billion).
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