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Soft Magnetic Composite Market Outlook from 2023 to 2033

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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Key Soft Magnetic Composite Market Highlights

  • Market to Expand over 2.4x through 2033

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:

  • Rising Demand from Ancillary Industries: China's rising requirement for soft magnetic material is primarily due to established ancillary industries such as motor and transformer core manufacturing. Favorable government subsidies and taxes are influencing China's soft magnetic material market.
  • Rising Demand for Magnetic Sensors: Increasing demand for magnetic sensors for security and automotive applications influences the supply-demand ratio in the SMC market in China. This creates a high demand for soft magnetic material, and the trend is expected to continue through 2033.
  • Growing Research and Development: Ongoing research and development endeavors aim to enhance the already commendable magnetic and mechanical properties of SMCs, ensuring their continued relevance and applicability.
  • Growing Partnership: Collaborations between SMC manufacturers and end-user sectors foster a nuanced understanding of specific requirements, further tailoring these magnetic composites to meet the dynamic needs of diverse applications.

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.

2018 to 2022 Soft Magnetic Composite Market Outlook Vs. 2023 to 2033 Forecast

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.

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Nikhil Kaitwade

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Future Scope of the Soft Magnetic Composite Market

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 Composite Market Trends

  • Growing Inclination toward Hybrid and Electric Vehicles

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.

  • Rising Usage of SMCs as Core Materials in the Energy and Power Industry

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.

  • Powder Metallurgy Process Offers Possibilities for Flexible Designs

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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Key Factors Restraining Soft Magnetic Composite Market Growth

  • The cost of SMC in comparison to conventional magnetic materials such as laminated steel cores is one of the key obstacles to its adoption.
  • Manufacturers, engineers, and designers would not have a thorough understanding of soft magnetic composites.

Comparative View of Adjacent Soft Magnetic Composite Markets

The soft magnetic composite market will likely be impacted by the peer or tangential markets in the chemicals and materials division. These include other types of markets, such as the electrical steel market and stainless steel market.

Analysis of these related industries can provide deeper insights that can be helpful for developing unique differentiating strategies to pursue for growth and opportunity in the soft magnetic composite market.

Demand for soft magnetic composites is projected to expand at a 9.3% CAGR during the forecast period. Rising demand for electric vehicles due to new government regulations worldwide would fuel growth.

On the contrary, the electrical steel industry is poised to thrive at a higher CAGR of 6.5% through 2033. Medical device manufacturers are set to frequently use electrical steel in the production of surgical tools, implants, and diagnostic equipment.

The stainless steel industry is projected to expand at a CAGR of 5.5% from 2023 to 2033. The automobile industry has seen a surge in the use of stainless steel due to its strength, resistance to corrosion, and aesthetic appeal.

Soft Magnetic Composite Market:

Attributes Soft Magnetic Composite Market
CAGR (2023 to 2033) 9.3%
Growth Factor Increasing demand for consumer electronics to boost market growth.
Key Trend Rising usage of soft magnetic composite as core material in energy and power industry

Electrical Steel Market:

Attributes Electrical Steel Market
CAGR (2023 to 2033) 6.5%
Growth Factor Rising demand from the power industry is expected to drive demand for electric steel.
Key Trend Advancements in electrical steel production techniques would fuel growth.

Stainless Steel Market:

Attributes Stainless Steel Market
CAGR (2023 to 2033) 5.5%
Growth Factor Expansion of the construction sector is projected to push sales in the market.
Key Trend Emphasis on sustainable and eco-friendly production methods would drive demand.

Country-wise Insights

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%

Developing Industrial Infrastructure to Surge Demand in the United States

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.

Booming Electric Car Market to Uplift Demand in China through 2033

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%.

Increasing Emphasis on Technical Innovation to Fuel Growth in India

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%.

Expanding Renewable Energy Sector in Brazil to Boost Demand

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.

Growing Demand for Light and Efficient Materials to Fuel Growth in Germany

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.

Category-wise Insights

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.

Excellent Magnetic Properties of Iron Powder to Surge Demand by 2033

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.

Demand for Soft Magnetic Composites to Remain High in Automotive Sector

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.

Competitive Landscape

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

  • In 2019: GKN Powder Metallurgy, a leading metal powder and components supplier, acquired forecast 3D.
  • In July 2022, Alstom sold its share to Bombardier Transportation's V300 ZEFIRO.

Scope of the Report

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

Soft Magnetic Composite Market Segmentation by Category

By Material:

  • Electrical Steel
  • Soft Ferrite
  • Iron Powder

By Type:

  • 1P
  • 3P
  • 5P

By Application:

  • Electrical Coils
  • Motors
  • Generators
  • Transformers
  • Inductors
  • Sensors
  • Others

By End-use:

  • Automotive
  • Industrial Machinery and Equipment
  • Consumer Goods
  • Power Generation
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia and Pacific
  • Middle East and Africa

Frequently Asked Questions

How big is the soft magnetic composite market?

The soft magnetic composite market size is estimated to reach US$ 44,459.0 million in 2023.

What is the demand outlook for soft magnetic composites?

Soft magnetic composite demand is set to expand at a 9.3% CAGR through 2033.

What is the expected soft magnetic composite market size in 2033?

The target market size is expected to reach US$ 1,08,392.0 million in 2033.

Which material type is expected to dominate the soft magnetic market?

The iron powder segment is expected to dominate the soft magnetic market.

Which end-use is expected to dominate the market?

The automotive segment is expected to lead the market.

Table of Content

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. Research Methodology

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