Powder Core Material Market size was valued at USD 1.5 Billion in 2024 and is projected to reach USD 2.5 Billion by 2033, exhibiting a CAGR of 6.5% from 2026 to 2033.
In 2022, the global powder core material market was valued at USD 9.65 billion and is projected to reach USD 14.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.79% during the forecast period. This growth is driven by increasing demand in applications such as inductors, transformers, and chokes across various end user industries. The rise in the adoption of electric vehicles (EVs), expansion of renewable energy projects, and advancements in telecommunications infrastructure are significant factors contributing to the markets robust growth trajectory. Regionally, Asia Pacific dominates the powder core material market, accounting for approximately 64% of the global share. This is attributed to rapid industrialization and expansion of the consumer electronics and automotive sectors in countries like China, Japan, and South Korea. North America follows, holding about 17% of the market share, driven by technological advancements and substantial investments in renewable energy infrastructure. Europe also presents significant growth opportunities due to the rising adoption of electric vehicles and a strong focus on energy efficiency and sustainability.
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MAGNETICS
CSC (Changsung Corp.)
POCO Magnetic
Hitachi
Micrometals
TDG
Dongbu Electronic Materials
Zhejiang KEDA Magnetoelectricity (KDM)
Samwha Electronics
DMEGC
Huzhou Careful Magnetism
Nanjing New Conda Magnetic Industrial
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Powder Core Material Market
Iron Powder
Nickel Powder
Cobalt Powder
Ferrite Powder
Alloy Powder
Power Electronics
Telecommunications
Automotive Electronics
Consumer Electronics
Industrial Equipment
Toroidal Cores
Rectangular Cores
Cylindrical Cores
Custom Shapes
Soft Magnetic Materials
Hard Magnetic Materials
High Permeability Materials
Low Core Loss Materials
Electronics and Electrical
Automotive
Aerospace
Healthcare
Renewable Energy
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Powder Core Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Powder Core Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Powder Core Material Market, By Type
6. Global Powder Core Material Market, By Application
7. Global Powder Core Material Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Powder Core Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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