Time:2025-07-17 Browse: 10
Permalloy cores market development
According to an industry report released in July 2025, the global Permalloy core market size will reach RMB 1.57 billion in 2024, and is expected to increase to RMB 2.056 billion at a compound annual growth rate of 4.6% by 2030. As a core production and consumption market, China's market size will reach RMB 408 million in 2024, accounting for 26% of the global share, and it has shown significant growth potential in new energy vehicles, energy storage and other fields. China's "15th Five-Year Plan" lists magnetic materials as a strategic emerging industry. Combined with policy support in the fields of new energy vehicles and photovoltaics, it is expected that by 2030, the global Permalloy core market will exceed 2 billion yuan, with high frequency, miniaturization and greening becoming the core development directions.
