Soft ferrite has a good development environment and the market size maintains steady growth.

Soft ferrite is a ferrimagnetic oxide mainly composed of Fe2O3, which is mainly produced by powder metallurgy method. Soft ferrite has low production cost, high machining performance, low loss, high resistivity, high magnetic permeability and other characteristics at high frequencies. It is widely used in new energy, consumer electronics, household appliances, automotive electronics, network communications, and green lighting. Widely used in other fields.

Soft ferrite is a type of magnetic material. As my country’s scientific and technological development level continues to improve, production technology continues to advance, and downstream industries continue to develop, domestic magnetic material production technology continues to advance, production scale continues to expand, and the industrial chain system becomes increasingly perfect. At present, my country has become the world’s largest producer of magnetic materials. , soft ferrite has a good development foundation.

In recent years, the country has introduced a number of policies to promote the development of magnetic materials in the direction of high quality. In August 2022, the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Ecology and Environment released the “Implementation Plan for Carbon Peaking in the Industrial Sector”, proposing to focus on electronic materials, components, and typical electronic complete products, and vigorously promote individual Improvement of production processes for crystalline silicon, magnetic materials, optical fibers and optical fiber preforms. As one of the important subcategories of magnetic materials, soft ferrite has a good development environment.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on Soft Magnetic Ferrite Industry 2023-2027” released by the Industrial Research Center, Driven by national policy support and downstream market demand, my country’s soft magnetic ferrite market has maintained a steady growth trend. In 2017, my country’s soft ferrite market size was approximately 8.1 billion yuan. In 2022, the market size will exceed 11 billion yuan, with a compound annual growth rate of approximately 6.3% from 2017 to 2022.

my country’s soft ferrite industry started late, with a relatively weak industrial foundation. There is still a certain gap between the overall production technology and the international advanced level. Products are mainly concentrated in the mid- to low-end market, and the industry still has considerable room for development. At present, the main domestic soft ferrite manufacturers include Tiantong Holdings Co., Ltd., Hengdian Group DMC Co., Ltd., Sinosteel Tianyuan Co., Ltd., Anhui Longci Technology Co., Ltd., etc.

Industry analysts said that in recent years, the country has continued to pay more attention to new materials and high-tech industries, and has introduced a number of policies to encourage Supporting the development of network communications, new energy and other industries, coupled with the continuous increase in national disposable income, the continuous expansion of the scale of consumer electronics, household appliances and other industries, the market demand for soft magnetic ferrite will be further released, and the industry is booming. At present, the domestic soft ferrite industry still has problems such as backward production technology, unreasonable industrial structure, and low management level. Manufacturing enterprises need to increase investment in R&D, continuously improve production technology, optimize product quality and performance, and promote industry transformation and upgrading. Develop in the direction of high quality.