Global Powder Magnetic Cores Supply, Demand and Key Producers, 2026-2032

The global Powder Magnetic Cores market size is expected to reach $ 2349 million by 2032, rising at a market growth of 13.2% CAGR during the forecast period (2026-2032).

Magnetic Powder Cores consist of soft-magnetic metallic powder, mostly iron and its alloys (mixed with nickel, molybdenum, silicon and others), embedded in a binder material. The powder mix is pressed into desired shapes, but as it is not sintered, grains stay isolated. As a result, all these cores contain a so-called distributed air gap resulting in low permeability and soft saturation behaviour. The different compositions of powder, grain size and densities of the particles within the core allow for a wide range of permeability (10 to 550) and other material properties.

With the rapid development of new energy vehicles and energy storage industries, the demand for high-performance inductors has increased, and the demand for high-frequency and high-stability magnetic materials in fields such as 5G base stations, servers, and high-performance computing has increased. Metal magnetic powder cores are widely used in the field of renewable energy due to their excellent high temperature resistance and low loss performance. These factors have driven the continued growth of the metal magnetic powder core market.

From the production side, China and South Korea are two important production regions, accounting for 57% and 17% of the market share respectively in 2024. It is expected that China will maintain the fastest growth rate in the next few years, and the share is expected to reach 67% in 2031.

From the perspective of manufacturers, globally, the core manufacturers of metal magnetic powder cores mainly include Platinum New Materials, Zhejiang Dongmu Keda, South Korea Changxing, American Magnetics and Micrometals. In 2024, the world's first-tier manufacturers include Platinum New Materials, Zhejiang Dongmu Keda, South Korea's Changxing and Magnetics, with the first-tier accounting for approximately 54% of the market share; the second-tier manufacturers include Micrometals, Eastern Electronic Materials, Tiantong Magnetic Materials, Hengdian Dongmeihe, and Red Magnetics, which together account for 14% of the market share.

This report studies the global Powder Magnetic Cores production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Powder Magnetic Cores and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Powder Magnetic Cores that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Powder Magnetic Cores total production and demand, 2021-2032, (Tons)

Global Powder Magnetic Cores total production value, 2021-2032, (USD Million)

Global Powder Magnetic Cores production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)

Global Powder Magnetic Cores consumption by region & country, CAGR, 2021-2032 & (Tons)

U.S. VS China: Powder Magnetic Cores domestic production, consumption, key domestic manufacturers and share

Global Powder Magnetic Cores production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)

Global Powder Magnetic Cores production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)

Global Powder Magnetic Cores production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)

This report profiles key players in the global Powder Magnetic Cores market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include POCO Magnetic, ZheJiang NBTM KeDa (KDM), CSC (Changsung Corp.), MAGNETICS, Micrometals, Dongbu Electronic Materials, TDG, DMEGC, Anhui Ruide, Proterial, Ltd. (Formerly Hitachi Metals), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Powder Magnetic Cores market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Powder Magnetic Cores Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Powder Magnetic Cores Market, Segmentation by Type:
MPP
Sendust
High Flux
Fe-Si
Fe
Others

Global Powder Magnetic Cores Market, Segmentation by Application:
Photovoltaics and Energy Storage
Electric Vehicles and Charging Piles
Household Appliances
UPS
Telecommunication
Others

Companies Profiled:
POCO Magnetic
ZheJiang NBTM KeDa (KDM)
CSC (Changsung Corp.)
MAGNETICS
Micrometals
Dongbu Electronic Materials
TDG
DMEGC
Anhui Ruide
Proterial, Ltd. (Formerly Hitachi Metals)
Sichuan Dongge Technology
CMSS Technology
Samwha Electronics
Qingdao Yunlu Advanced Materials
Amogreentech
Höganäs
Sinomag Technology
Nanjing New Conda

Key Questions Answered:

1. How big is the global Powder Magnetic Cores market?

2. What is the demand of the global Powder Magnetic Cores market?

3. What is the year over year growth of the global Powder Magnetic Cores market?

4. What is the production and production value of the global Powder Magnetic Cores market?

5. Who are the key producers in the global Powder Magnetic Cores market?

6. What are the growth factors driving the market demand? Show more