Study on Soft Magnetic Materials Market Gain More Than 15% in 2026 Soft Magnetic Materials Market | Page 2

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By material type, the nano crystalline material consumption in the APEJ soft magnetic materials market
is expected to penetrate at a fast rate during the forecast period. The nano crystalline material type
segment is also projected to register the highest CAGR of 11.8% in terms of value in the APEJ soft
magnetic materials market during the forecast period. Development of solar power use is expected to
boost the consumption of soft magnetic materials in the APEJ region during the forecast period. The
objective to increase the solar capacity of India from 22 GW to 100 GW by 2020 in order to reduce
dependency on fossil fuels is likely to open wide growth opportunities for soft magnetic materials
manufacturers.
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materials-market.asp
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