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The Soft Magnetic Powder market is a subset of the Advanced Materials industry. It is composed of materials that are used in the production of electrical components, such as transformers, inductors, and motors. These materials are characterized by their high permeability, low coercivity, and low hysteresis loss. They are also known for their low electrical resistivity and high saturation magnetization. Soft Magnetic Powders are used in a variety of applications, such as automotive, consumer electronics, and industrial equipment.
The Soft Magnetic Powder market is driven by the increasing demand for electrical components in the automotive and consumer electronics industries. The growing demand for energy-efficient components is also driving the market.
Some of the major companies in the Soft Magnetic Powder market include Hitachi Metals, Toshiba Materials, Sumitomo Electric Industries, TDK Corporation, and Hitachi Chemical. Show Less Read more