Soft Ferrite Market to Witness Increase in Revenues by 2027

The soft ferrite market space remains highly competitive, wherein the leading players account for a significant revenue share. The manufacturers of soft ferrite have been continually emphasizing on business expansion across potential markets such as Asia Pacific and many other emerging economies. For instance- GKN Driveline, a division of GKN plc, introduced new technology centers and production facilities in the Asia Pacific region in a bid to expand its operations. Hitachi Metals, another key player in the soft ferrite market, also focuses on implementation of global strategies for business expansion across India and China, two of the rapidly evolving automotive markets.

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Key players of soft ferrite market are also focusing on organic growth and product development strategies aimed at improving the sales & distribution network and to reinvigorate their operational efficiencies. In addition to that, the key players are also reinforcing the production and marketing framework to reap sizeable gains via increased production.

Use of Additives for Amelioration of Ferrites’ Magnetic Properties- An Evolving Manufacturing Trend

Practice of incorporating additives with ferrites, both hard and soft, is being extensively exercised. Competency of additives to significantly enhance the magnetic properties of ferrites by influencing their grain growth and density is predominantly spurring their adoption. Favorable studies acknowledging role of additives in enhancing properties such as grain growth, power loss, electric resistance, and permeability, is intensifying its importance in case of ferrites, both hard and soft.

Some of the commonly used additives include calcium oxide (CaO), silicon dioxide (SiO?), titanium dioxide (TiO₂), and many more. Moreover, use of additives is also believed to have positive impacts on permeability, which remains one of the highly-valued characteristics in case of soft ferrite.

Advent of Switched-Mode Power Supply (SMPS) Fosters Adoption of Soft Ferrite

With the introduction of switched-mode power supplies, demand for soft ferrites in power applications has taken off by a significant margin. The clamor for higher frequencies in case of high-frequency power supplies is on a rise, which also results in reduction of the size of magnetic components. Ferrites, with the ability to address the aforementioned challenge, are being increasingly used in case of SMPS systems.

The demand for soft ferrite in cores of RF transformers and inductors in switched-mode power supply (SMPS) is on the rise, driven by relatively lower losses at high frequencies. Moreover, properties of soft ferrites can be altered or tailored by compositional modifications, which is another key benefit prompting its adoption in SMPS systems.

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Sintering to Tailor Microstructures of Ferrites- A Prominent Trend

Nanostructured ferrites are famed for their utilization in case of modern electronic devices, such as data transmission circuitry, EMI suppression, and many more. Nanostructured ferrites synthesized by methods, such as co-precipitation, hydrothermal, and sol-gel mechanical, often inherit the characteristic of being unstable. This instability can be attributed to a myriad of reasons, with small constituent sizes and high chemical activity being two of them.

Sintering helps in recrystallizing the nanostructure and causes a shift from an excited metastable (activated) state into a low-energy crystalline state. Among the types of sintering, the multi-sample sintering remains a commonly adopted one as compared to single-stage sintering, which remains rarely adopted. However, both of the aforementioned types are set to witness considerable adoption, which is dependent on the requirements of the target application.

Soft Ferrite Market- Competitive Landscape

The Fact.MR report on soft ferrite market provides incisive insights on the competitive dynamics in the soft ferrite market. In this section of soft ferrite market report, details such as key financials, key product developments, and strategies of the leading players in the soft ferrite market have been discussed.

Hitachi Metals Ltd., a leading player in the soft ferrite market, established a Global Research & Innovative Technology Center (GRIT) in the year 2017, as a part of its strategy to solidify its product portfolio with periodic technological advances. The establishment of this research center was a solid step toward R&D efforts of the company.

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Dimeric fatty acid Market to Witness Widespread Expansion During 2018 to 2027

Dimeric fatty acids, which are also known as di-carboxylic acids, are non-toxic, bifunctional acids obtained by dimerizing Tall Oil Fatty Acids (TOFA). Dimeric fatty acids are light yellow-transparent liquids, which can help in improving water repellency, hydrolytic stability and pigment wetting properties of polymers. Dimeric fatty acids are commonly used as a rheology modifier or polymer building block in the synthesis of polyamide hot melt adhesives and polyamide resins.

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The Fact.MR study on dimeric fatty acid market includes minute details on the macro and microeconomic factors influencing the market growth. The report provides key insights on future prospects of the dimeric fatty acid market. Market drivers, restraints, trends, and growth opportunities for leading players, including manufacturers, distributors, suppliers, and other stakeholders in the dimeric fatty acid market are featured in the report.

The report also offers overview of the chemical industry, and analyzes the market value and volume to forecast growth parameters of the dimeric fatty acid market for the period 2018-2027. The report also highlights important regulations impacting the growth of the dimeric fatty acid market globally.

Fluctuating Availability of Raw Materials Remains a Key Challenge

Over 80-85% of dimeric fatty acid is manufactured using tall oil fatty acids (TOFA), which is obtained as a by-product of the Kraft wood pulping process. However, the production of TOFA has declined steadily over the past few years owing to the palpable shift of manufacturers towards pulping younger pine trees with lower chemical content.

Fluctuating supply of TOFA due to the recent transformations in wood pulping procedures is likely to make a significant impact on growth and salient dynamics of the dimeric fatty acid market in the upcoming years. Uncertainties about the availability of raw materials also suggest a potential rise in prices of dimeric fatty acids in the coming future.

In addition, a majority of customers in the end-user industries, such as adhesives, coatings, and printing inks industry, are moving away from dimeric fatty acid-based polyamides due to inadequate supply and increased prices. Thereby, this can make a negative impact on growth of the dimeric fatty acid market.

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China Continues to be the Frontrunner in Dimeric Fatty Acid Production and Consumption

Some of the largest producers of dimeric fatty acid, including Jiangsu Yonglin Oleochemical Co., Ltd., Lifan Industry (Group) Co., Ltd, and Shandong Huijin Chemical Co. Ltd, are headquartered in China. Increasing production of adhesives, coatings, and sealants in the country is triggering dimeric fatty acid market players in China to increase the production. Furthermore, steady growth of the construction industry is boosting adoption of industrial adhesives, which is providing a fillip to the consumption of dimeric fatty acid in the country.

Steadily increasing production and consumption of dimeric fatty acid in China has made it one of the leading markets for dimeric fatty acid. Chinese producers in dimeric fatty acid market are aiming to capitalize on the export markets for dimeric fatty acid to gain an edge in the upcoming years.

Increasing Demand for Polymer-based Adhesives Drive Dimeric Fatty Acid Market

Polymer-based hot adhesives have been gaining burgeoning demand across various industrial sectors, outperforming solvent-based adhesives. Their solvent-free properties makes them environment-friendly and improves their shelf life. Dimeric fatty acid is among the primary ingredients in polymer-based hot adhesives, and an increasing number of industrial applications of polymer-based hot adhesives is complementing growth of the dimeric fatty acid market.

With most customers in various industrial verticals becoming aware about the unique benefits of polymer-based hot adhesives over solvent-based adhesives, their demand is expected to surge in the upcoming years, in turn, boosting sales of dimeric fatty acid.

The Fact.MR report covers all the recent developments in the dimeric fatty acid market. The report features a list of market leaders and new entrants in the dimeric fatty acid market, including Croda International Plc., Kraton Corporation, Oleon NV, Shandong Huijin Chemical Co. Ltd., Liancheng Baixin Science and Technology Co. Ltd., Jiangsu Jinma Oil Technology Development Co., Ltd., Jiangsu Yonglin Oleochemical Co. Ltd., Anqing Hongyu Chemical Co., Ltd., Aturex Group, Florachem Corp., Emery Oleochemicals GmbH, and Jarchem Industries Inc.

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Amorphous Iron (Fe Amorphous) Market Projected to Witness Vigorous Expansion by 2027

Fact.MR recently published a comprehensive forecast study on the amorphous iron (Fe amorphous) market to find its future prospects between 2018 and 2027. The foremost objective of the Fact.MR report on amorphous iron (Fe amorphous) market is to provide valuable insights on market scenario, demand generators, market dynamics, and company developments in amorphous iron (Fe amorphous) market.

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End-users Turn to Amorphous Iron to Reduce Dependency on Rare-earth Magnets

Due to rising protectionist measures and trade wars concerning the exports of rare-earth magnets, a majority of industry players had been facing challenges associated with raw material supply for manufacturing magnetic materials. However, most end-users are finding ways to reduce their dependence on rare-earth magnets by shifting to amorphous iron as a magnetic material.

Especially in the U.S., a large percentage of electric motor manufacturers are shifting to amorphous iron since the U.S. government has imposed a ban on imports of rare earth magnets from China. Thereby, motor manufacturers and other industry players are finding ways to diversify their sources of magnetic materials, and this is expected to create numerous opportunities for players in the amorphous iron (Fe amorphous) market.

Use of Amorphous Iron in Improving Energy Efficiency of Machines Driving Adoption

Though amorphous iron or Fe amorphous is often considered an exotic material, its unique magnetic properties have contributed to increasing its adoption among end-users. Magnetic properties of amorphous iron balance the characteristics of Superparamagnetic and single-domain Ferromagnetism. Unique magnetic properties of amorphous iron aid in enhancing energy efficiency of an electrical equipment or power distribution systems.

With the increasing energy costs and growing awareness about conversation of energy through the use of various electrical appliances, amorphous iron is likely to find numerous applications as a conducting, magnetic material in a wide range of end-use applications. Furthermore, increasing awareness about the environmental impacts of equipment with low energy efficiency is adding to the adoption of amorphous iron as a magnetic material to enhance operational efficiency of various equipment. This is expected to remain the primary driver of the amorphous iron (Fe amorphous) market in the future.

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Electrification of Drive Boosts Demand for Electric Motor – Triggers Adoption of Amorphous Iron

The global fleet of electric vehicles has been expanding at a rapid pace and various electric equipment used in electric vehicles are expanding the range of applications for amorphous iron or Fe amorphous as a magnetic material. With the recent developments in the designs of electric vehicles, energy efficient components have been witnessing tremendous demand. This is expected to augur well for growth of the amorphous iron market.

Electric components, especially electric motors and electric breaks, which are manufactured using amorphous iron as a magnetic material, deliver maximum energy efficiency and high frequency of operation. Automakers across the world, especially in emerging nations, are incorporating amorphous iron to meet the burgeoning demand for energy efficient electric vehicles, which is expected to create favorable growth environment for amorphous iron (Fe amorphous) in developing countries.

Increase in Iron Mine Production Keeps Prices Competitive

According to the National Minerals Information Center, US Geological Survey, the global production of crude iron ore increased from 2.5 billion metric tons to around 3.3 billion metric tons between the period 2010 and 2015. Also, the global production of usable iron ore also witnessed a significant rise from 1.8 billion metric tons to around 2.3 billion metric tons during the span of five years. Steadily increasing global production of iron is expected to amplify the availability of raw materials for amorphous iron, helping manufacturers to keep the production costs under control.

While China has been the biggest producer of iron, other countries, including the U.S. have accelerated their production of iron in the past few years. For example, the metal production in the U.S. in 2017 accounted for approximately US$ 26.3 billion and iron ore held a 12% share in the production rise, according to the mineral commodity summaries 2018, by the U.S. Department of the Interior U.S. Geological Survey (USGS). This is enabling manufacturers in the U.S. amorphous iron (Fe amorphous) market to introduce competitive prices of amorphous iron in the global market.

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Polyphenylene Sulfide (PPS) Resins Market Estimated to Soar Higher During 2018 to 2027

Polyphenylene sulfide (PPS) resin is a high-performance engineering thermoplastic polymer. Polyphenylene sulfide (PPS) resins have high heat deflection temperature, greater chemical resistance, dimensional stability and flame retardancy. The resins of polyphenylene sulfide (PPS) are used as an alternative to metal and thermosets.

Fact.MR has compiled a study on the polypropylene sulfide (PPS) resins market and published a report titled, “Polyphenylene Sulfide (PPS) Resins Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027.” The polyphenylene sulfide (PPS) resins market report covers thorough information of the market in terms of analysis of market drivers, restraints, trends and opportunities that hold influence on the future progress of the market.

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Solvay, Toray and DIC - Top 3 Players with Largest Production Capacities of Polyphenylene Sulfide (PPS)

Solvay SA, Toray Industries and DIC Corporation are the prominent players in the polyphenylene sulfide (PPS) resins market. Owing to their largest production capacities, these companies continue to hold a significant revenue share in the global marketplace. Major business strategies include regional expansion and investments in R&D activities.

In August 2017, Toray, the leading Japanese PPS manufacturer announced the construction of the new polyphenylene sulfide (PPS) production facility in Hungary, Europe. In January 2018, DIC opened a Solid Compound Technical Center Asia Pacific in Malaysia to strengthen the business of polyphenylene sulfide (PPS) compounds in Southeast Asia and South Asia markets. Solvay expanded its specialty polymer offering of Ryton® PPS injection molding materials in 2018.

Electric and Hybrid Automobile Production – A Prime Demand Booster of Polyphenylene Sulfide (PPS) Resins

Commonly recognized as a super engineering plastic, polyphenylene sulfide (PPS) resins are known for their light-weight and heat resistance features. These features are being highly embraced by the automotive industry which is witnessing a rapid change in terms of ongoing vehicle electrification. In a bid to meet rising demand for light-weight and fuel-efficient automobiles, the number of electric components has increased dramatically.

The polyphenylene sulfide (PPS) resins are highly sought after in electric auto parts that require high-temperature stability such as motor coils, insulating films, wires and other electrical parts. As the polymer withstands up to 200oC of temperature, it is highly suitable for electric vehicle auto parts that run at high temperature including lithium-ion batteries.

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A Good Price Point Combined with Performance Propels Consumption of Polyphenylene Sulfide (PPS) Resins

In addition to their exceptional properties, polyphenylene sulfide (PPS) resins also fall in the category of high-performance thermoplastics that deliver a good cost and performance balance. Although manufacturers in the polyphenylene sulfide (PPS) resins market have introduced new formulations of PPS resins with superior qualities, the cost range remains affordable for end-users.

Volatility in the plastic industry prevails owing to fluctuations in the raw material prices. However, lower cost and availability of sodium sulfide and p-dichlorobenzene - raw materials of polyphenylene sulfide (PPS) provide a good price point to PPS in the thermoplastic market.

Coal-Fired Thermal Plants Ensure Future Polyphenylene Sulfide (PPS) Resin Demand

According to Carbon Brief, during the span of 2000 and 2017, globally, reliance on coal-fired power has doubled the capacity to 2,000 gigawatts, especially led by significant growth in India and China.

Coal-fired power plants generate a significant amount of fly ash, which if entered in the air can pollute the air significantly. Filter bags play a crucial role in the power plants wherein along with filter media, they efficiently remove dust and help in the neutralization of harmful gases.

Fact.MR provides notable insights of all the key players in the polyphenylene sulfide (PPS) resins market. Other profiled players in the polyphenylene sulfide (PPS) resins market include Fortron Industries LLC, Zhejiang NHU Special Materials Co. Ltd., Chengdu Letian Plastics Co. Ltd., and Lion Idemitsu Composites.

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Thermoplastic Copolyester Elastomers Market Projected to be Resilient During 2018 to 2027

The thermoplastic copolyester elastomers, also known as TPCs and COPE, are a type of thermoplastic elastomers. Thermoplastic copolyester elastomers are used in modifying the properties of rigid thermoplastics. These elastomers consist of polymers that are cross-linked materials made of elastomers and thermoplastic. Thermoplastic copolyester elastomers are replacing other materials such as general rubbers and metals in various industries.

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The report on the thermoplastic copolyester elastomers market offers actionable and valuable insights on the market along with the historical data and forecast. The report also covers important factors impacting the growth of the thermoplastic copolyester elastomers market. Market dynamics including drivers, key trends, growth opportunities, and challenges are also highlighted in the report on thermoplastic copolyester elastomers market.

The market overview is also provided on the thermoplastic copolyester elastomers market from the perspective of key regions and countries. The study also includes details on the key players in the thermoplastic copolyester elastomers market.

Increasing Application of Thermoplastic Copolyester Elastomers in Automotive Industry Creating Sustained Opportunities

Usage of thermoplastic copolyester elastomers is growing in the automotive industry, owing to their superior physical and chemical properties. The automotive industry is using thermoplastic copolyester elastomers on a large scale to manufacture automotive parts where resistance to chemical, heat and oil is required.

Thermoplastic copolyester elastomers are finding significant applications in automotive hot charge air ducts in advanced petrol and diesel engines that need to withstand high temperatures for a very long period. Further, Constant Velocity Joint (CVJ) boots are being produced on a large scale using thermoplastic copolyester elastomers as it is subject to wide range of temperatures.

Several regulatory bodies have introduced emission standards that are accelerating the usage of low-weight material to increase fuel efficiency and high-performance in the automotive industry. This, in turn, is driving the demand for thermoplastic copolyester elastomers.

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Thermoplastic Elastomers (TPE) Emerging as a Feasible Alternative in Healthcare Sector

Healthcare sector is moving away from polyvinyl chloride (PVC) and silicone rubber owing to mounting environmental and health concerns. Thermoplastic elastomers are emerging as a more sustainable alternative to thermoset rubber owing to their recyclability and cost-efficiency. TPEs are rapidly replacing rubber and PVC in medical devices as they are non-allergenic, thereby, eliminating concerns for individuals with latex sensitivity. These factors are fuelling adoption of TPEs in dental, surgical, and medical applications.

With technological advancements, TPEs have gained increased acceptance and improved performance in the medical sector. Overmolding, along with other technological advances, is creating opportunities for thermoplastic elastomers in healthcare applications including syringe plungers, orthopedics, face masks, needle shields, breathable bags, and other home-use medical devices.

Notable Developments

• In 2017, Mitsubishi Chemical Corporation developed a new grade of thermoplastic copolyester elastomer (TPC) known as TEFABLOC™, providing scratch and oil resistance. The company also begun production of styrenic thermoplastic elastomer (TPS) at Mitsubishi Chemical Performance Polymers (Thailand) Co., Ltd in 2018.


• Kidman Resources has signed an agreement with LG Chem Ltd. to supply lithium hydroxide. Kidman will supply 12,000 tons of lithium hydroxide a year to various chemicals companies for 10 years.


• DowDuPont Transportation & Advanced Polymers is planning to increase production capacity at Shenzhen site. DowDuPont Specialty Products Division is also likely to invest nearly $42 million to install three new production lines, expected to be operational by the end of 2019.


• LG Chem is planning to build a new facility for electric vehicle battery in Nanjing in China by 2020. The company also plans to invest around 2 trillion South Korean won on second car battery plant in China with production likely to begin in 2019.

The report provides detailed profiles of the key players in the thermoplastic copolyester elastomers market. Thorough research has been conducted on the leading players including DowDuPont Inc., Celanese Corporation, DSM Engineering Plastics, Toyobo, Teijin Industries, DIC Corporation, Mitsubishi Chemicals, Tosoh Corporation, Samyang Corporation, LG Chem. Ltd., Chang-Chung Group, SK Chemicals, and Shinkong Group.

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