Market Overview:
The global ferrite material market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ferrite material from the consumer electronics, household appliances, communication, automotive and other industries. In terms of type, soft ferrite is expected to dominate the global market during the forecast period owing to its low cost and high magnetic permeability as compared to permanent ferrite. In terms of application, consumer electronics is expected to account for a major share of the global market during the forecast period due its growing demand for smartphones, tablets and laptops.
Product Definition:
A ferrite material is a type of ceramic that is composed of iron oxide and other materials. Ferrite materials are used in a variety of applications, including electrical components, antennas, and microwave filters. The importance of ferrite material lies in its ability to block or absorb electromagnetic radiation.
Soft Ferrite:
Ferrite is a group of iron-based magnetic materials. Soft ferrites have low saturation flux density and Curie temperature compared to their hard counterparts. They are used in applications requiring high permeability, low hysteresis energy loss, and small volume.
Soft ferrites can be used as substitutes for hard magnets in many applications such as electric motors, loudspeakers drivers, computers Hard disk drives (HDD), electric batteries etc.
Permanent Ferrite:
Permanent ferrite is a form of iron ore that contains small crystals of iron. It has high magnetic properties and can be used as an alternative to soft magnetic materials such as neodymium, samarium, and ceramics. Permanent ferrite usually has low saturation flux density but it can be used with other materials to increase the saturation flux density which makes it suitable for use in transformers where high permeability is required.
Application Insights:
The consumer electronics application segment accounted for the largest revenue share of over 30% in 2017. The ferrite magnets used in consumer electronics include neodymium, samarium and others. Increasing use of these magnets is expected to drive product demand over the forecast period.
Household appliances are estimated to be among the fastest-growing application segments during the forecast period owing to increasing penetration of products such as microwave ovens, HVAC (heating, ventilation and air conditioning) systems and other appliances that make use of permanent or soft ferrite materials.
Communication is another key application segment where products such as cellular phones, wireless routers, Bluetooth devices make use of ferrite components in large quantities due to their high efficiency at a low price point compared with semiconductors based on silicon technology.
Regional Analysis:
Asia Pacific dominated the global ferrite material market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with cheap labor costs in countries such as China, India, Taiwan and South Korea is anticipated to be the key factor driving demand over the next eight years.
The increasing use of ferrite materials in automotive applications owing to their superior characteristics such as high saturation magnetism, heat resistance and electrical conductivity are expected to drive product demand across this region. In addition, growing consumer electronics manufacturing industry due to cheaper labor costs coupled with favorable government regulations is also likely boost product consumption across this region during the forecast period.
Europe was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for ferrite material from the automotive and electronics industries due to its properties such as low weight, high resistance to corrosion and heat, and good electrical conductivity.
- Growing demand for energy-efficient vehicles that use less fuel is expected to drive the growth of the ferrite material market in the coming years.
- Rising demand for smartphones, tablets, and other electronic devices is also anticipated to boost the growth of this market in the near future.
- Rapid expansion of infrastructure projects across emerging economies is projected to create lucrative opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferrite Material Market Research Report
By Type
Soft Ferrite, Permanent Ferrite
By Application
Consumer Electronics, Household appliances, Communication, Automotive, Other
By Companies
TDK, Hitachi Metals, DMEGC, JPMF, VACUUMSCHMELZE, FDK, TDG, MAGNETICS, Acme Electronics, FERROXCUBE, Nanjing New Conda, Haining Lianfeng Magnet, HEC GROUP, KaiYuan Magnetism, Samwha Electronics, Toshiba Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Ferrite Material Market Report Segments:
The global Ferrite Material market is segmented on the basis of:
Types
Soft Ferrite, Permanent Ferrite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Household appliances, Communication, Automotive, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TDK
- Hitachi Metals
- DMEGC
- JPMF
- VACUUMSCHMELZE
- FDK
- TDG
- MAGNETICS
- Acme Electronics
- FERROXCUBE
- Nanjing New Conda
- Haining Lianfeng Magnet
- HEC GROUP
- KaiYuan Magnetism
- Samwha Electronics
- Toshiba Materials
Highlights of The Ferrite Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soft Ferrite
- Permanent Ferrite
- By Application:
- Consumer Electronics
- Household appliances
- Communication
- Automotive
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ferrite Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ferrite material is a type of magnetic material that can be used to create strong magnets. Ferrite materials are made up of small, iron-based crystals that can easily form a strong magnet when placed in close proximity to one another.
Some of the major players in the ferrite material market are TDK, Hitachi Metals, DMEGC, JPMF, VACUUMSCHMELZE, FDK, TDG, MAGNETICS, Acme Electronics, FERROXCUBE, Nanjing New Conda, Haining Lianfeng Magnet, HEC GROUP, KaiYuan Magnetism, Samwha Electronics, Toshiba Materials.
The ferrite material market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ferrite Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ferrite Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ferrite Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ferrite Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ferrite Material Market Size & Forecast, 2018-2028
4.5.1 Ferrite Material Market Size and Y-o-Y Growth
4.5.2 Ferrite Material Market Absolute $ Opportunity
Chapter 5 Global Ferrite Material Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ferrite Material Market Size Forecast by Type
5.2.1 Soft Ferrite
5.2.2 Permanent Ferrite
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ferrite Material Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ferrite Material Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Household appliances
6.2.3 Communication
6.2.4 Automotive
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ferrite Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ferrite Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ferrite Material Analysis and Forecast
9.1 Introduction
9.2 North America Ferrite Material Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ferrite Material Market Size Forecast by Type
9.6.1 Soft Ferrite
9.6.2 Permanent Ferrite
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ferrite Material Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Household appliances
9.10.3 Communication
9.10.4 Automotive
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ferrite Material Analysis and Forecast
10.1 Introduction
10.2 Europe Ferrite Material Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ferrite Material Market Size Forecast by Type
10.6.1 Soft Ferrite
10.6.2 Permanent Ferrite
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ferrite Material Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Household appliances
10.10.3 Communication
10.10.4 Automotive
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ferrite Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ferrite Material Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ferrite Material Market Size Forecast by Type
11.6.1 Soft Ferrite
11.6.2 Permanent Ferrite
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ferrite Material Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Household appliances
11.10.3 Communication
11.10.4 Automotive
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ferrite Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Ferrite Material Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ferrite Material Market Size Forecast by Type
12.6.1 Soft Ferrite
12.6.2 Permanent Ferrite
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ferrite Material Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Household appliances
12.10.3 Communication
12.10.4 Automotive
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ferrite Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ferrite Material Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ferrite Material Market Size Forecast by Type
13.6.1 Soft Ferrite
13.6.2 Permanent Ferrite
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ferrite Material Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Household appliances
13.10.3 Communication
13.10.4 Automotive
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ferrite Material Market: Competitive Dashboard
14.2 Global Ferrite Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TDK
14.3.2 Hitachi Metals
14.3.3 DMEGC
14.3.4 JPMF
14.3.5 VACUUMSCHMELZE
14.3.6 FDK
14.3.7 TDG
14.3.8 MAGNETICS
14.3.9 Acme Electronics
14.3.10 FERROXCUBE
14.3.11 Nanjing New Conda
14.3.12 Haining Lianfeng Magnet
14.3.13 HEC GROUP
14.3.14 KaiYuan Magnetism
14.3.15 Samwha Electronics
14.3.16 Toshiba Materials
