REPORT OVERVIEW
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The global high flux magnetics powder core market size was USD 108.8 million in 2022. As per our research, the market is expected to reach USD 124.6 million in 2028, exhibiting a CAGR of 2.3% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing Lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
High Flux Magnetics Powder Core are dispersed air gap cores constructed from a 50(Percent) Nickel/50(Percent) Iron alloy powder with the highest available biassing capacity of any powder core material. It is a powder alloy substance that has the greatest magnetic flux of any magnetic material, also known as High Flux magnetic powder core. The relative permeability is around 14160, and the saturation flux density is approximately 1.5T. The ferro-nickel magnetic powder core offers high saturation magnetic flux density, minimal core loss, and good energy storage qualities. High flux magnetic cores provide several advantages in high power, high DC bias, and high AC applications.
High-flux alloy has a saturation flux density that is twice that of MPP alloy and more than three times that of ferrite. Magnetic powder cores with high flux density have a larger DC bias current and AC flux density. High Flux magnetic powder core offers reduced loss and greater DC bias capacity than iron powder core. High Flux magnetic powder cores have reduced magnetic loss than XFlux (ferro-silicon alloy) magnetic powder cores with comparable bias capacity. In general, High Flux magnetic core inductors are substantially smaller in size than MPP, iron cores, and ferrites inductors.
COVID-19 Impact: Market Distortion Factors to Affect the Market Growth
The COVID-19 epidemic resulted in unstable markets, a loss in consumer trust, and difficulties with import and export trade for chemical makers. Markets were closed as a result of the lockdown, and many individuals remained at home. This development has resulted in supply chain breaches, stock market inefficiencies, and vendor instability. The chemical industry's closure had an influence on the market as a whole. As a result of the pandemic, organisations were obliged to rethink their whole operating structures in order to preserve stability despite the disturbances. The fundamental element that skewed the overall market was the financial imbalance caused by the closure of countless retailers and key industries. In addition, the outbreak has a negative impact on the business operations of the enterprises, which affects the market as a whole. The High Flux Magnetics Powder Core market has been somewhat impacted by this.
LATEST TRENDS
"Launch of new products, mergers, and acquisitions to stimulate market expansion"
High Flux Magnetics Powder core are intended to work at up to 6500 gausses, as compared to the regular MP (Molly permalloy) cores' 3500 gauss limit. Stability suffers as a result of the lower permeabilities necessitating a smaller dispersed air gap. Core losses are also greater than in MP, despite the fact that High Flux Magnetics Powder core are employed as energy storage inductors and in line output (flyback) transformers in SMPS because to their high flux and power-handling capabilities. They're also ideal for DC and line frequency noise filter inductors (like the differential-mode choke in a switched mode power supply). Because core loss is negligible at the low frequencies of these applications, their high saturation flux density can be leveraged to advantage. Thus, the process of developing new launches, mergers, and acquisitions is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.
SEGMENTATION
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- By Type
The market is divided into categories based on type, 26μ High Flux, 60μ High Flux, 125μ High Flux, 147μ High Flux, 160μ High Flux and others.
- By Application
The market is divided into New Energy, Automobile Industry, Consumer Electronic, Telecommunication and others categories based on application.
DRIVING FACTORS
"Advancements in the product that Boosts the Market Growth "
The market of high flux magnetics powder core has developed various new applications that provide numerous benefits to end users. Energy storage inductors are utilised in switch-mode power supply, as well as DC and line frequency noise filter inductors and Power factor correction (PFC) circuits. Unidirectional drive applications, such as line output (flyback) transformers and pulse transformers, are also employed. All of these applications have benefits in terms of temperature stability, high energy storage per unit volume, and low power consumption. Permeability range is divided into tiny increments. Higher BMX than MPP cores, permeabilities up to 160 vs. 100 for Iron Powder. As a result, the market will benefit from growth and increased advancements in the product. It will help the Chemical and Advanced Materials sector flourish and accelerate the High Flux Magnetics Powder Core market growth.
"Growing Availability of the product in verities to support market expansion"
CSC High Flux cores are ideal for PFC reactors, switching regulator inductors, in-line noise filters, pulse transformers, and flyback transformers. High Flux cores are finished with a Khaki epoxy and are available in a range of shapes and sizes. Sen dust E cores reduce gap and eddy current losses as compared to gapped ferrite E shapes. Sen dust cores are an excellent option for PFC circuits. Switching regulator inductors, in-line noise filters, pulse transformers, and flyback transformers are some of the other important uses. Sen dust cores are finished with a black epoxy coating. The excellent DC bias properties make it ideal for high-end applications such as buck/boost inductors for high-power supply systems, smoothing chokes for inverters, and reactors for electric cars. Core losses in Mega Flux cores pressed with no organic binder are much lower than in powdered iron cores and Fe-Si strip cores. They also have outstanding thermal characteristics and no thermal ageing. Mega Flux cores are finished with a dark brown epoxy coating. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the growing availability of the product in different varieties.
RESTRAINING FACTORS
"High Cost of the product Will Prevent Market Expansion"
There are several things that are harming the market and must be addressed. Higher core losses than MPP, Manufacturing costs are higher than MPP cores in terms of cost, and the acceptable form is limited to toroidal only due to the extremely high pressing pressures necessary. This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.
REGIONAL INSIGHTS
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"Market is Globally Dominated by North America owing Increasing Demand of the Product"
Since this area is the largest user of the product, the market for high flux magnetics powder core in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the New Energy, Automobile Industry, Consumer Electronic, Telecommunication and other industries is one of the important factors driving the High Flux Magnetics Powder Core Market Share. Rapid urbanisation trends will further strengthen the market as a whole.
KEY INDUSTRY PLAYERS
"Leading Manufacturers to Boost Product Demand"
The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials.
List of Market Players Profiled
- Chang Sung Corporation (South Korea)
- Micrometals, Inc. (U.S.)
- Samwha Capacitor Group (South Korea)
- Dongbu Electronic Matrrials (South Korea)
- DMEGC (China)
REPORT COVERAGE
The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost high flux magnetics powder core market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 108.8 Million in 2022 |
Market Size Value By |
US$ 124.6 Million by 2028 |
Growth Rate |
CAGR of 2.3% from 2022 to 2028 |
Forecast Period |
2022-2028 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the high flux magnetics powder core market expected to touch by 2028?
Based on our research, the High Flux Magnetics Powder Core market is projected to touch USD 124.6 million by 2028.
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What CAGR is the high flux magnetics powder core market expected to exhibit by 2028?
The high flux magnetics powder core market is expected to exhibit a CAGR of 2.3% by 2028.
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Which are the driving factors of the high flux magnetics powder core market?
Increasing adoption of advance technologies that gives the high flux magnetics powder core market extra boost & increasing availability of the product encourage market expansion.
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Which are the top companies operating in the high flux magnetics powder core market?
Chang Sung Corporation, Micrometals, Inc., Samwha Capacitor Group, Dongbu Electronic Matrrials, DMEGC are the top companies operating in the high flux magnetics powder core market.