Basic Situation of Soft Ferrite Magnet Market

Soft ferrite is an important variety of soft magnetic materials. Its industrial production can be traced back to the 1940s. For more than half a century, the electromagnetic properties, process maturity, production scale and automation level of soft ferrite have been continuously improved. To meet the continuously updated application requirements of the downstream. Because soft ferrite has low power loss under medium and high frequency conditions, has good mechanical processing characteristics, and has a relatively mature technical path, it is widely used in household appliances, computers, mobile communications and other fields, and is used to manufacture electronic transformers, Inductors and other electronic magnetic components. With the rise of wireless charging, new energy vehicles, photovoltaic power generation, green lighting and other emerging markets, the application scope and market demand of soft ferrite will continue to maintain good growth.

The production of soft ferrite in my country started in the 1950s and 1960s. Benefiting from the drive of the home appliance industry chain, the industrial production of soft ferrite in my country developed rapidly from the 1980s to the 1990s, the number of enterprises continued to increase, and the scale of production expanded rapidly. Well-known foreign magnetic material manufacturers have also gradually increased their investment in building factories in my country, driving the improvement of my country’s magnetic material production scale, production technology and product performance.

According to the statistics of the Magnetic Materials Branch of the China Electronic Materials Industry Association, the output of my country’s soft ferrite will be close to 400,000 tons in 2020, a year-on-year growth rate of about 10%, and the output value will be about 14.7 billion yuan. my country has become the world’s largest soft ferrite producer Producing countries. At the same time, China’s future production of soft ferrite will develop at an average annual growth rate of 10%, which is higher than the world’s average annual growth rate of 6% for soft ferrite materials.

Basic Situation of Soft Ferrite Magnet Market

Basic Situation of Soft Ferrite Magnet Market

(1) The demand for downstream applications is growing rapidly

Compared with other soft magnetic materials, soft ferrite has certain competitive advantages in high-frequency loss and technical maturity in materials, and has a wide range of terminal application scenarios. The basic and universality of its use makes its demand growth show relatively stable characteristics; At the same time, with the rapid development of new energy vehicles, photovoltaic power generation, 5G communications and other industries in recent years, the increase in downstream electronic scenarios has led to an increase in the demand for electronic magnetic components, and the performance requirements for magnetic materials are also higher. Emerging application scenarios will become soft An important growth point of demand for ferrite in the future, soft ferrite with high performance, high reliability and high environmental adaptability will usher in a broader growth space. The “Basic Electronic Components Industry Development Action Plan (2021-2023)” proposes that by 2023, the total sales of electronic components in my country will reach 2.1 trillion yuan, and the rapid growth of downstream application demand is the scale growth of soft ferrite materials. and technological innovation to provide a good external environment.

(2) Favorable support from industrial policies

The electronic components industry is a basic and leading industry in the industrial system. The state actively supports the electronic components industry in key short-board products and technological breakthroughs at the level of industrial policies. As a key electronic material in the upstream of the electronic component product industry chain, soft ferrite materials have important strategic significance for the industrial upgrading of the manufacturing system, and have been favorably supported by national industrial policies for a long time. The “Strategic Emerging Industries Classification (2018)” issued by the National Bureau of Statistics included “high-end special magnetic materials” in the list of key products and services, and the “Basic Electronic Components Industry Development Action Plan (2021-2023)” issued by the Ministry of Industry and Information Technology “It is clearly stated that it is necessary to achieve technological breakthroughs in key industries supporting electronic components such as magnetic materials, and focus on the development of soft magnetic components with high magnetic permeability and low magnetic loss. The support of industrial policies will promote the expansion of the electronic components and electronic materials industry, the improvement of the technical level, and the enhancement of the comprehensive competitiveness of large enterprises in the industry.

(3) Improvement of intelligent manufacturing level

“Industry 4.0” and “Made in China 2025” emphasize the promotion of the upgrading of the manufacturing industry through modern information technology, and intelligent manufacturing is an important long-term direction for the development of the manufacturing industry. In recent years, the level of my country’s intelligent manufacturing technology has been continuously improved, and intelligence, informatization, automation and industrialization have been further integrated. Intelligent, informatized and automated transformation of R&D activities, manufacturing, internal control, marketing services and other links will help companies in the industry improve product consistency, increase production efficiency, reduce production costs, and improve the production environment. At the same time, the intelligent management and control system can realize the data visualization and equipment visualization of the production process, accumulate a large amount of raw production data, and can promote the research and improvement of various production links by enterprises, and accelerate the iterative upgrade of new materials and new production processes.

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