The soft magnetic composite market size reached US$ 41,303.8 million in 2022. Over the forecast period, soft magnetic composite demand is anticipated to rise at a 9.3% CAGR. Total market value is predicted to increase from US$ 44,459.0 million in 2023 to US$ 1,08,392.0 million by 2033.
| Attributes | Key Insights |
|---|---|
| Soft Magnetic Composite Market Size in 2022 | US$ 41,303.8 million |
| Estimated Soft Magnetic Composite Market Value (2023) | US$ 44,459.0 million |
| Projected Soft Magnetic Composite Market Revenue (2033) | US$ 1,08,392.0 million |
| Value-based CAGR (2023 to 2033) | 9.3% |
The soft magnetic composites (SMCs) market is a constantly changing and dynamic area of the more extensive materials and technology for electrical applications. SMCs are cutting-edge materials with exceptional magnetic properties, making them well-suited for several uses in the electrical and electronic sectors. These materials are essential for developing contemporary electrical devices and systems as they are designed to deliver effective magnetic performance while minimizing energy losses.
Several sectors use the SMC, including power electronics, automotive, renewable energy, and telecommunications. SMCs are becoming increasingly popular in the automotive sector, mainly for usage in electric and hybrid vehicles (HEVs).
Materials that aid in developing energy-efficient technology are in greater demand as the importance of sustainability and energy efficiency grows. In this context, SMCs are essential because they make it possible to design and produce electrical components that are more compact & efficient.
To improve the performance of these materials, continuous research and development efforts are what define the soft magnetic composite market. Investigating new applications in developing technologies and emphasizing customization to satisfy particular application requirements are more industry trends.
Worldwide trends in electrification, renewable energy uptake, and electric mobility developments would all impact the soft magnetic composite industry. Cost competitiveness is a problem that market participants frequently encounter, but the growing need for high-performance magnetic materials nonetheless propels innovation and market expansion.
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The soft magnetic composite market is predicted to expand over 2.4x through 2033. The market is projected to surge at a CAGR of 9.3% by 2033. This is due to the growing demand for electrical coils, motors, generators, transformers, inductors, and sensors.
Soft magnetic composites demand will also rise due to their excellent magnetic properties. By 2033, the total market revenue is set to reach US$ 1,08,392.0 million.
China to Lead in Production and Consumption of Soft Magnetic Materials
China is expected to retain its dominance in the soft magnetic composite market during the forecast period. The market is expected to surge at a CAGR of 10.3% by 2033. This is attributed to the following factors:
Motors are Grabbing the Opportunity in the Market
The motor segment is expected to dominate the soft magnetic composite market through 2033. SMC-based motors exhibit reduced eddy current losses, improved efficiency, and superior performance compared to traditional motor cores. This magnetic-metal innovation contributes to developing more efficient and compact motors for several applications, from automotive systems to industrial machinery.
The market valuation reached US$ 39,424.8 million in 2018. The soft magnetic composite market witnessed high growth between 2018 and 2022. This was due to the rising awareness of environment-friendly infrastructure. In the forecast period, the soft magnetic composite industry is set to thrive at a CAGR of 9.3%.
The COVID-19 pandemic has adversely affected several markets, including soft magnetic materials, in terms of supply and demand. The impact on growth in the global economy was severe as the pandemic and associated collapse in the activity worsened. National lockdowns across several regions had a substantial impact on economic activities.
The pandemic has also increased the demand for medical equipment such as ventilators, which inflate the use of motors for proper control, regulated airflow, high torque density, and less noise. The spread of coronavirus upsurges the demand for ventilators due to the increasing number of patients around the globe. It is expected to further push the demand for motors and eventually increase the soft magnetic material market growth.
Principal Consultant
Over the forecast period, the soft magnetic composite market is poised to exhibit healthy growth, totaling a valuation of US$ 1,08,392.0 million in 2033. Demand for soft magnetic material is expected to increase significantly as companies such as Rio Tinto PLC and Hitachi Metals Ltd expand their production bases to offer soft magnetic material for the automotive industry.
The focus on increasing geographical footprint through strategic acquisitions, mergers, and collaborations in order to understand regional demand from the end-use industries is set to aid growth. Moreover, pursuing additional step-change growth opportunities to unlock further value is the key success factor in the SMC market.
Soft magnetic composites are essential for constructing motor drive systems, as these reduce weight compared to conventional steel. Using soft magnetic composites in motors offers several advantages, such as low noise, compact design, and energy savings. The increasing inclination toward electric and hybrid vehicles drives growth in the global soft magnetic composite market.
The automotive industry is experiencing high demand for enhanced reliability and efficiency in electronic components. The efforts to balance working efficiency and smaller dimensions have propelled the use of soft magnetic materials. Government funding and subsidies, growing demand for electric vehicles, and increasing concerns about environmental pollution would drive the electric vehicle market, further surging the demand for soft magnetic composites.
Soft magnetic composites (SMCs) are rapidly gaining prominence in the energy and power industry as core materials, revolutionizing the traditional landscape. Their unique properties, such as high permeability and low core loss, make them ideal for applications like transformers and inductors. SMCs' ability to enhance energy efficiency and reduce electromagnetic interference aligns seamlessly with the industry's growing demand for sustainable solutions.
The rising usage of SMCs marks a pivotal shift toward more efficient and compact power systems. As demands for energy-efficient technologies intensify, SMCs emerge as a frontrunner in meeting these requirements, offering a compelling balance between performance and environmental consciousness.
The transformative trend signifies a technological leap and underscores the industry's commitment to sustainable practices. The increased adoption of SMCs heralds a future where energy and power systems operate with unprecedented efficiency, driven by innovative materials that redefine the possibilities of core components.
Soft magnetic composites are flexible in design and can achieve complicated/complex shapes. Different shapes and flexible designs were restricted in steel laminations due to their two-dimensional properties and features. Hence, several shaping possibilities have opened up due to the exceptional properties of soft magnetic materials.
The powder metallurgy process is a game-changer in soft magnetic composites (SMCs), unlocking possibilities for flexible energy and power industry designs. By utilizing finely powdered metal particles, the powder metallurgy approach allows for intricate shaping and molding of SMCs, providing designers unparalleled flexibility.
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The table below highlights revenues of the key countries operating in the market. The United States, China, India, Brazil, and Germany are expected to remain the top five consumers of soft magnetic composite. China is expected to reach a market valuation of US$ 21,075.7 million in 2033. Further, the United States and India are projected to reach at US$ 11,377.5 million and US$ 6,243.6 million, respectively.
| Countries | Soft Magnetic Composite Market Revenue (2033) |
|---|---|
| United States | US$ 11,377.5 million |
| China | US$ 21,075.7 million |
| India | US$ 6,243.6 million |
| Brazil | US$ 4,992.3 million |
| Germany | US$ 3,040.0 million |
The below table shows the estimated growth rates of the top five countries. India and Germany are estimated to surge at the same CAGR of 10.8%. These will be followed by China with a CAGR of 10.3% by 2033.
| Countries | Value-based CAGR (2023 to 2033) |
|---|---|
| India | 10.8% |
| Germany | 10.8% |
| Brazil | 8.2% |
| China | 10.3% |
| United States | 7.9% |
The soft magnetic composite market is projected to reach US$ 11,377.5 million in 2033. Over the assessment period, demand for soft magnetic composites in the United States is set to rise at a 7.9% CAGR. Due to a convergence of factors driving demand and innovation, the United States is positioned to assume the lead role in the expanding market for soft magnetic composites.
The United States has a robust industrial infrastructure and a significant emphasis on research and development, allowing for the production of high-quality SMCs and fostering technological improvements. The country's dedication to renewable energy solutions and the electrification of several industries has increased the demand for efficient & small electromagnetic components, which SMCs excel in.
China is at the forefront of the soft magnetic composites (SMCs) industry and is expected to lead due to its manufacturing expertise, extensive research capabilities, and industrial infrastructure scale. As the world's manufacturing powerhouse, China has an established track record of producing high-quality materials efficiently, further surging demand for SMCs.
China is strategically positioned to dominate the SMC sector, meeting domestic and worldwide demands for advanced magnetic materials, with a strong emphasis on technological innovation and a booming electric car market. China's soft magnetic composite market value is anticipated to total US$ 21,075.7 million in 2033. Over the forecast period, soft magnetic composite demand in the country is set to increase at a robust CAGR of 10.3%.
Due to its fast-rising economy and increased emphasis on technical innovation, India is making tremendous progress in the soft magnetic composite market. The country's commitment to renewable energy and industrial electrification matches the demand for efficient electromagnetic components.
India actively contributes to the global SMC market, using its diverse industrial landscape and promoting cooperation between industry and research institutions. India is carving a niche in the soft magnetic composite market as the country adopts sustainable solutions, placing itself as a significant participant in this transformative industry.
India's soft magnetic composite market value is anticipated to total US$ 6243.6 million in 2033. Over the forecast period, soft magnetic composite demand in the country is set to increase at a robust CAGR of 10.8%.
With its rich natural resources and commitment to sustainable development, Brazil is emerging as a significant player in the SMC market. The country's focus on renewable energy and electrification has spurred the demand for efficient magnetic materials, positioning Brazil as a key contributor to the global SMC landscape.
Leveraging its unique strengths, such as a robust agricultural sector providing necessary raw materials, Brazil is set to make substantial strides in the production and application of SMCs. Sales of soft magnetic composite in Brazil are projected to soar at a CAGR of 8.2% during the assessment period. The total valuation in the country is anticipated to reach US$ 4992.3 million in 2033.
The SMC market is significantly influenced by Germany’s automobile sector, which primarily produce electric and hybrid vehicles (HEVs). Germany’s renewable energy sector, notably wind power, is a key contributor surging the demand for SMCs.
The demand for SMCs is driven by the need for lighter and more efficient materials for electric motors and other components in vehicles. Utilizing SMCs in the production of generators and other wind turbine components is consistent with the nation's efforts to promote clean and sustainable energy sources.
SMC acceptance is aided by the continued demand for small, effective components from the electronics and electrical industries. Their capacity to be shaped into complex forms and incorporated into electrical systems and devices encouraged the trend of electronics downsizing in Germany.
The below section shows the iron powder segment dominating the market based on material category. It is forecast to thrive at a 9.8% CAGR between 2023 and 2033. Based on end-use, the automotive segment is anticipated to hold a dominant share through 2033. It is set to exhibit a CAGR of 9.9% during the forecast period.
| Top Segment (Material) | Iron Powder |
|---|---|
| Predicted CAGR (2023 to 2033) | 9.8% |
Due to its excellent magnetic properties and productivity, iron-based soft magnetic composites are promising substitutes for laminate steel for electromagnetic applications. Over the forecast period, demand for iron powder will rise at a CAGR of 9.8%. By 2033, the target segment is estimated to reach US$ 23,105.4 million.
| Top Segment (End-use) | Automotive Sector |
|---|---|
| Projected CAGR (2023 to 2033) | 9.9% |
During the forecast period, the automotive sector is projected to be the fastest-growing and leading end-user industry in the soft magnetic materials market. The key automotive applications of SMC’s include motors, compressors, anti-lock brake systems, fuel injectors, and other rotating devices, expected to drive the market's growth. The automotive segment is projected to thrive at 9.9% CAGR during the forecast period. It is set to attain a valuation of US$ 39,687.4 million in 2033.
The soft magnetic composite market is fragmented, with leading players accounting for around 82.5% share. Hitachi Metals Ltd, PMG Holding GmbH, GKN plc., Höganäs AB, Sumitomo Metal Mining Co., Ltd., and VACUUMSCHMELZE GmbH & Co. KG are the leading manufacturers and suppliers listed in the report.
Key soft magnetic composite companies invest in continuous research to produce new products and increase their capacity to meet end-user demand. They are also inclined toward adopting growth strategies such as acquisitions, partnerships, mergers, and facility expansions to strengthen their footprint.
Recent Developments
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | US$ 44,459.0 million |
| Projected Market Size (2033) | US$ 1,08,392.0 million |
| Anticipated Growth Rate (2023 to 2033) | 9.3% |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (US$ million) and Volume (metric tons) |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Market Segments Covered | Material Type, Type, Application, End-use, Region |
| Key Countries Covered | North America; Latin America; Western Europe; Eastern Europe; East Asia; South Asia and Pacific; Middle East and Africa |
| Key Companies Profiled | Hitachi Metals Ltd; PMG Holding GmbH; Höganäs AB; GKN plc.; Höganäs AB; Sumitomo Metal Mining Co., Ltd.; VACUUMSCHMELZE GmbH & Co. KG; Rio Tinto PLC; Toshiba Corp (Toshiba Materials Co.,); Hengdian Group DMEGC Magnetics Co., Ltd.; Mitsubishi Materials Corporation; Ames Group Sintering SA; Steward Advanced Materials LLC; TOKUSHU KINZOKU EXCEL CO., LTD.; Fluxtrol Inc.; AIC Engineering Ltd.; ThyssenKrupp Electrical Steel India Private Limited; Dexter Magnetics; Ningbo Longjian Magnetic Industry Co., Ltd.; Munster Floor Screed |
The soft magnetic composite market size is estimated to reach US$ 44,459.0 million in 2023.
Soft magnetic composite demand is set to expand at a 9.3% CAGR through 2033.
The target market size is expected to reach US$ 1,08,392.0 million in 2033.
The iron powder segment is expected to dominate the soft magnetic market.
The automotive segment is expected to lead the market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Technology Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / End Use Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 5.1. Historical Market Volume (KT) Analysis, 2018 to 2022 5.2. Current and Future Market Volume (KT) Projections, 2023 to 2033 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis by Material and Pricing Forecast 6.2. Global Average Pricing Analysis Benchmark 6.3. Cost Teardown Analysis 6.4. Key Factors Impacting the Price 7. Global Market Demand (in Value or Size in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Market Value (US$ million) Analysis, 2018 to 2022 7.2. Current and Future Market Value (US$ million) Projections, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global GDP Growth Outlook 8.1.2. Global Population Outlook 8.1.3. Regional Parent Market Outlook 8.1.4. Global Construction Market Overview 8.1.5. Global Construction Spending Overview 8.1.6. Manufacturing Value Added 8.1.7. Other Macroeconomic Factors 8.2. Forecast Factors - Relevance and Impact 8.2.1. Top Companies Historical Growth 8.2.2. Global Urbanization Growth Outlook 8.2.3. Growing Demand from Application Industry 8.2.4. Investment In Research And Development 8.2.5. Other Forecast Factors 8.3. Value Chain 8.3.1. Raw Material Suppliers 8.3.2. Product Manufacturers 8.3.3. Channel Partners 8.3.4. Probable End-Users 8.3.5. Avg. Profitability Margins 8.4. COVID-19 Crisis – Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 8.6. Global Supply Demand Analysis 8.7. Key Regulations Overview 8.8. Patent Analysis 8.9. Porter’s and PEST Analysis 8.10. Trade Scenario 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Material 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume Analysis by Material , 2018 to 2022 9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast by Material , 2023 to 2033 9.3.1. Electrical Steel 9.3.2. Soft Ferrite 9.3.3. Iron Powder 9.4. Market Attractiveness Analysis by Material 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ million) and Volume Analysis by Type, 2018 to 2022 10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast by Type, 2023 to 2033 10.3.1. 1P 10.3.2. 3P 10.3.3. 5P 10.4. Market Attractiveness Analysis by Type 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ million) and Volume Analysis by Application , 2018 to 2022 11.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast by Applications, 2023 to 2033 11.3.1. Electrical Coils 11.3.2. Motors 11.3.3. Generators 11.3.4. Transformers 11.3.5. Inductors 11.3.6. Sensors 11.3.7. Others 11.4. Market Attractiveness Analysis by Application 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ million) and Volume Analysis by End Use, 2018 to 2022 12.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast by End Use, 2023 to 2033 12.3.1. Automotive 12.3.2. Industrial Machinery and Equipment 12.3.3. Consumer Goods 12.3.4. Power Generation 12.3.5. Others 12.4. Market Attractiveness Analysis by End Use 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 13.1. Introduction 13.2. Historical Market Size (US$ million) and Volume Analysis by Region, 2018 to 2022 13.3. Current Market Size (US$ million) and Volume Analysis and Forecast by Region, 2023 to 2033 13.3.1. North America 13.3.2. Latin America 13.3.3. Western Europe 13.3.4. Eastern Europe 13.3.5. East Asia 13.3.6. South Asia Pacific 13.3.7. Middle East and Africa 13.4. Market Attractiveness Analysis by Region 14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 14.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 14.4.1. by Country 14.4.1.1. United States 14.4.1.2. Canada 14.4.1.3. Mexico 14.4.2. by Material 14.4.3. by Type, 14.4.4. by Application 14.4.5. by End Use 14.5. Market Attractiveness Analysis 14.5.1. by Country 14.5.2. by Material 14.5.3. by Type 14.5.4. by Application 14.5.5. by End Use 14.6. Market Trends 14.7. Key Market Participants - Intensity Mapping 14.8. Drivers and Restraints - Impact Analysis 15. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 15.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 15.4.1. by Country 15.4.1.1. Brazil 15.4.1.2. Chile 15.4.1.3. Rest of Latin America 15.4.2. by Material 15.4.3. by Type 15.4.4. by Application 15.4.5. by End Use 15.5. Market Attractiveness Analysis 15.5.1. by Country 15.5.2. by Material 15.5.3. by Type 15.5.4. by Application 15.5.5. by End Use 15.6. Market Trends 15.7. Key Market Participants - Intensity Mapping 15.8. Drivers and Restraints - Impact Analysis 16. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 16.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 16.4.1. by Country 16.4.1.1. Germany 16.4.1.2. Italy 16.4.1.3. France 16.4.1.4. United Kingdom 16.4.1.5. Spain 16.4.1.6. BENELUX 16.4.1.7. NORDICS 16.4.1.8. Rest of Western Europe 16.4.2. by Material 16.4.3. by Type 16.4.4. by Application 16.4.5. by End Use 16.5. Market Attractiveness Analysis 16.5.1. by Country 16.5.2. by Material 16.5.3. by Type 16.5.4. by Application 16.5.5. by End Use 16.6. Market Trends 16.7. Key Market Participants - Intensity Mapping 16.8. Drivers and Restraints - Impact Analysis 17. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 17.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 17.4.1. by Country 17.4.1.1. Russia 17.4.1.2. Poland 17.4.1.3. Hungary 17.4.1.4. Balkan and Baltics 17.4.1.5. Rest of Eastern Europe 17.4.2. by Material 17.4.3. by Type, 17.4.4. by Application 17.4.5. by End Use 17.5. Market Attractiveness Analysis 17.5.1. by Country 17.5.2. by Material 17.5.3. by Type, 17.5.4. by Application 17.5.5. by End Use 17.6. Market Trends 17.7. Key Market Participants - Intensity Mapping 17.8. Drivers and Restraints - Impact Analysis 18. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 18.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 18.4.1. by Country 18.4.1.1. China 18.4.1.2. Japan 18.4.1.3. South Korea 18.4.2. by Material 18.4.3. by Type, 18.4.4. by Application 18.4.5. by End Use 18.5. Market Attractiveness Analysis 18.5.1. by Country 18.5.2. by Material 18.5.3. by Type 18.5.4. by Application 18.5.5. by End Use 18.6. Market Trends 18.7. Key Market Participants - Intensity Mapping 18.8. Drivers and Restraints - Impact Analysis 19. South Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19.1. Introduction 19.2. Pricing Analysis 19.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 19.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 19.4.1. by Country 19.4.1.1. India 19.4.1.2. Association of Southeast Asian Nations 19.4.1.3. Australia and New Zealand 19.4.1.4. Rest of South Asia Pacific 19.4.2. by Material 19.4.3. by Type 19.4.4. by Application 19.4.5. by End Use 19.5. Market Attractiveness Analysis 19.5.1. by Country 19.5.2. by Material 19.5.3. by Type 19.5.4. by Application 19.5.5. by End Use 19.6. Market Trends 19.7. Key Market Participants - Intensity Mapping 19.8. Drivers and Restraints - Impact Analysis 20. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20.1. Introduction 20.2. Pricing Analysis 20.3. Historical Market Size (US$ million) and Volume Analysis by Market Taxonomy, 2018 to 2022 20.4. Market Size (US$ million) Forecast by Market Taxonomy, 2023 to 2033 20.4.1. by Country 20.4.1.1. Kingdom of Saudi Arabia 20.4.1.2. Other GCC 20.4.1.3. Türkiye 20.4.1.4. South Africa 20.4.1.5. Other African Union 20.4.1.6. Rest of Middle East and Africa 20.4.2. by Material 20.4.3. by Type 20.4.4. by Application 20.4.5. by End Use 20.5. Market Attractiveness Analysis 20.5.1. by Country 20.5.2. by Material 20.5.3. by Type 20.5.4. by Application 20.5.5. by End Use 20.6. Market Trends 20.7. Key Market Participants - Intensity Mapping 20.8. Drivers and Restraints - Impact Analysis 21. Emerging Countries Market Analysis 21.1. Introduction 21.1.1. Market Value Proportion Analysis, by Key Countries 21.1.2. Global Vs. Country Growth Comparison 21.2. United States Market Analysis 21.2.1. by Material 21.2.2. by Type, 21.2.3. by Application 21.2.4. by End Use 21.3. Canada Market Analysis 21.3.1. by Material 21.3.2. by Type 21.3.3. by Application 21.3.4. by End Use 21.4. Mexico Market Analysis 21.4.1. by Material 21.4.2. by Type 21.4.3. by Application 21.4.4. by End Use 21.5. Brazil Market Analysis 21.5.1. by Material 21.5.2. by Type 21.5.3. by Application 21.5.4. by End Use 21.6. Chile Market Analysis 21.6.1. by Material 21.6.2. by Type 21.6.3. by Application 21.6.4. by End Use 21.7. Germany Market Analysis 21.7.1. by Material 21.7.2. by Type 21.7.3. by Application 21.7.4. by End Use 21.8. Italy Market Analysis 21.8.1. by Material 21.8.2. by Type 21.8.3. by Application 21.8.4. by End Use 21.9. France Market Analysis 21.9.1. by Material 21.9.2. by Type 21.9.3. by Application 21.9.4. by End Use 21.10. United Kingdom Market Analysis 21.10.1. by Material 21.10.2. by Type 21.10.3. by Application 21.10.4. by End Use 21.11. Spain Market Analysis 21.11.1. by Material 21.11.2. by Type 21.11.3. by Application 21.11.4. by End Use 21.12. NORDICS Market Analysis 21.12.1. by Material 21.12.2. by Type 21.12.3. by Application 21.12.4. by End Use 21.13. Poland Market Analysis 21.13.1. by Material 21.13.2. by Type 21.13.3. by Application 21.13.4. by End Use 21.14. Hungary Market Analysis 21.14.1. by Material 21.14.2. by Type 21.14.3. by Application 21.14.4. by End Use 21.15. Russia Market Analysis 21.15.1. by Material 21.15.2. by Type 21.15.3. by Application 21.15.4. by End Use 21.16. Balkan and Baltics Market Analysis 21.16.1. by Material 21.16.2. by Type 21.16.3. by Application 21.16.4. by End Use 21.17. China Market Analysis 21.17.1. by Material 21.17.2. by Type 21.17.3. by Application 21.17.4. by End Use 21.18. Japan Market Analysis 21.18.1. by Material 21.18.2. by Type 21.18.3. by Application 21.18.4. by End Use 21.19. South Korea Market Analysis 21.19.1. by Material 21.19.2. by Type 21.19.3. by Application 21.19.4. by End Use 21.20. India Market Analysis 21.20.1. by Material 21.20.2. by Type 21.20.3. by Application 21.20.4. by End Use 21.21. Association of Southeast Asian Nations Market Analysis 21.21.1. by Material 21.21.2. by Type 21.21.3. by Application 21.21.4. by End Use 21.22. Australia and New Zealand Market Analysis 21.22.1. by Material 21.22.2. by Type 21.22.3. by Application 21.22.4. by End Use 21.23. KSA Market Analysis 21.23.1. by Material 21.23.2. by Type 21.23.3. by Application 21.23.4. by End Use 21.24. Other GCC Market Analysis 21.24.1. by Material 21.24.2. by Type 21.24.3. by Application 21.24.4. by End Use 21.25. Türkiye Market Analysis 21.25.1. by Material 21.25.2. by Type 21.25.3. by Application 21.25.4. by End Use 21.26. South Africa Market Analysis 21.26.1. by Material 21.26.2. by Type 21.26.3. by Application 21.26.4. by End Use 21.27. Other African Union Market Analysis 21.27.1. by Material 21.27.2. by Type 21.27.3. by Application 21.27.4. by End Use 22. Market Structure Analysis 22.1. Market Analysis by Tier of Companies (Floor Screeds) 22.2. Market Concentration 22.3. Market Share Analysis of Top Players 22.4. Market Presence Analysis 22.4.1. by Regional Footprint of Players 22.4.2. by Channel Footprint of Players 23. Competition Analysis 23.1. Competition Dashboard 23.2. Competition Benchmarking 23.3. Competition Deep Dive 23.3.1. Rio Tinto PLC 23.3.1.1. Overview 23.3.1.2. Product Portfolio 23.3.1.3. Profitability by Market Segments (Construction/Channel/Region) 23.3.1.4. Sales Footprint 23.3.1.5. Strategy Overview 23.3.2. GKN Powder Metallurgy (Melrose PLC) 23.3.3. Munster Floor Screed 23.3.4. Höganäs AB 23.3.5. Voestalpine Stahl GmbH 23.3.6. Hitachi Metals Ltd 23.3.7. Toshiba Corp (Toshiba Materials Co., Ltd.) 23.3.8. Sumitomo Metal Mining Co., Ltd. 23.3.9. VACUUMSCHMELZE GmbH & Co. KG 23.3.10. PMG Holding GmbH 23.3.11. Hengdian Group DMEGC Magnetics Co., Ltd. 23.3.12. Compass Diversified Holdings 23.3.13. Mitsubishi Materials Corporation 23.3.14. Ames Group Sintering SA 23.3.15. Steward Advanced Materials LLC 23.3.16. TOKUSHU KINZOKU EXCEL CO.,LTD. 23.3.17. Fluxtrol Inc. 23.3.18. AIC Engineering Ltd. 23.3.19. ThyssenKrupp Electrical Steel India Private Limited 23.3.20. Dexter Magnetics 23.3.21. Ningbo Longjian Magnetic Industry Co., Ltd. 23.3.22. Other Key Players 24. Assumptions and Acronyms Used 25. Primary Insights 26. 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Soft Magnetic Composite Market
