The Global Powder Magnetic Cores Market was valued at USD 562.8 Million in 2022 and is projected to reach USD 690.7 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.0% during the forecast period. This steady growth is propelled by the escalating demand for energy-efficient electronics, the global push for renewable energy infrastructure, and the electrification of the automotive industry, where powder magnetic cores are essential components.

As industries worldwide transition toward smarter, more efficient power management, the critical role of advanced magnetic materials becomes increasingly evident. In this blog, we profile the Top 10 Companies in the Powder Magnetic Cores Industry—a group of material science innovators and manufacturing leaders driving the future of power electronics, renewable energy systems, and electric mobility.

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🔟 1. MAGNETICS (a Division of Arnold Magnetic Technologies)

Headquarters: Rochester, New York, USA
Key Offering: MPP Cores, High Flux Cores, Sendust Cores, Kool Mµ® Cores

MAGNETICS is a globally recognized leader in the design and manufacturing of advanced soft magnetic components and powder cores. With a history spanning decades, the company specializes in Molypermalloy (MPP) cores, which are renowned for their low core loss and high saturation flux density, making them ideal for demanding applications in aerospace, military, and high-frequency power supplies.

Innovation & Application Focus:

• Pioneer in MPP core technology with extensive patent portfolio
• Specialized cores for electric vehicle (EV) onboard chargers and DC-DC converters
• Custom engineering solutions for high-reliability applications

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9️⃣ 2. Hitachi Metals, Ltd. (Now part of Proterial, Ltd.)

Headquarters: Tokyo, Japan
Key Offering: Sendust Cores, Fe-Si Powder Cores, AMCC® (Advanced Magnetic Core Composite)

As a cornerstone of the global magnetic materials industry, Hitachi Metals (operating under the new brand Proterial) offers a comprehensive portfolio of powder magnetic cores. The company’s Sendust cores are particularly dominant in the market, valued for their excellent magnetic properties and cost-effectiveness in medium-frequency applications.

Innovation & Application Focus:

• Leading supplier for consumer electronics and industrial power supplies
• Strong R&D focus on materials for next-generation power semiconductors (SiC, GaN)
• Global manufacturing footprint ensuring robust supply chain resilience

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8️⃣ 3. CSC (Changsung Corp.)

Headquarters: Gyeonggi-do, South Korea
Key Offering: Sendust Cores, Fe-Si-Al Cores, Fe-Ni-Mo Cores

CSC is a major South Korean manufacturer of soft magnetic powder cores, serving a global clientele. The company has established itself as a key supplier for the fast-growing solar inverter and uninterruptible power supply (UPS) markets, leveraging its expertise in material science and large-scale production capabilities.

Innovation & Application Focus:

• High-volume production for cost-sensitive renewable energy applications
• Strategic focus on the Asian market with expanding global outreach
• Development of cores optimized for high-temperature operation

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7️⃣ 4. POCO Magnetic

Headquarters: Zhuhai, Guangdong, China
Key Offering: Fe-Si Powder Cores, Sendust Cores, Iron Powder Cores

POCO Magnetic has emerged as a significant force in the powder cores market, particularly within China and across Asia. The company provides a wide array of cores that balance performance and cost, making them a preferred choice for manufacturers of household appliances, consumer electronics, and industrial motor drives.

Innovation & Application Focus:

• Competitive pricing strategy for mass-market applications
• Rapid response to the booming Chinese EV and renewable sectors
• Continuous improvement in material consistency and performance

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6️⃣ 5. Micrometals

Headquarters: Anaheim, California, USA
Key Offering: Iron Powder Cores, Sendust Cores, High Flux Cores

Micrometals is a well-established manufacturer specializing in powder cores for power conversion and line filtering applications. The company’s iron powder cores are industry standards for power factor correction (PFC) chokes and flyback transformers, benefiting from their distributed air gap and excellent DC bias characteristics.

Innovation & Application Focus:

• Expertise in cores for telecommunications and computing power supplies
• Extensive product range with detailed application guidance for engineers
• Long-standing reputation for quality and reliability in North America

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5️⃣ 6. TDG Holding Co., Ltd.

Headquarters: Dongguan, Guangdong, China
Key Offering: Fe-Si Powder Cores, Sendust Cores, Nanocrystalline Cores

TDG is a prominent Chinese manufacturer with a strong focus on the research, development, and production of soft magnetic materials. The company supplies cores to a diverse set of industries, including new energy vehicles, photovoltaic inverters, and smart grids, capitalizing on China’s leadership in these sectors.

Innovation & Application Focus:

• Integration into the domestic Chinese supply chain for major OEMs
• Investment in advanced production technologies for improved efficiency
• Expansion into higher-value nanocrystalline core materials

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4️⃣ 7. Zhejiang KEDA Magnetoelectricity (KDM)

Headquarters: Dongyang, Zhejiang, China
Key Offering: Sendust Cores, MPP Cores, Fe-Si Cores

KEDA Magnetoelectricity is a specialized manufacturer dedicated to soft magnetic composites and powder cores. The company has built a reputation for quality and has become a trusted supplier for both domestic Chinese markets and international customers seeking reliable magnetic components for power electronics.

Innovation & Application Focus:

• Focus on customized solutions for specific customer requirements
• Strong emphasis on quality control and product consistency
• Growing export business to Europe and North America

Download FREE Sample Report: Powder Magnetic Cores Market – View in Detailed Research Report

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3️⃣ 8. Samwha Electronics

Headquarters: Gyeonggi-do, South Korea
Key Offering: Ceramic Capacitors, Inductors, Sendust & Fe-Si Powder Cores

Samwha Electronics is a diversified electronic components manufacturer with a significant presence in the magnetic materials sector. While known for its capacitors, the company also produces high-quality powder cores that are used in its own inductor products and sold directly to the market, serving the automotive and industrial sectors.

Innovation & Application Focus:

• Vertical integration from core material to finished magnetic components
• Supplying Tier-1 automotive electronics manufacturers globally
• Leveraging capacitor market strength to cross-sell magnetic solutions

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2️⃣ 9. DMEGC

Headquarters: Jinhua, Zhejiang, China
Key Offering: Solar Products, Magnetic Materials, Fe-Si Powder Cores

DMEGC is a large industrial conglomerate with a substantial business unit focused on magnetic materials. The company benefits from its vertical integration and scale, producing powder cores that are often used in conjunction with its other products, such as solar panels, creating synergistic market opportunities.

Innovation & Application Focus:

• Cost-competitive manufacturing for high-volume applications
• Strategic alignment with the renewable energy value chain
• Broad product portfolio catering to diverse industrial needs

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1️⃣ 10. Nanjing New Conda Magnetic Industrial Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Fe-Ni-Mo Cores (MPP), Sendust Cores, Fe-Si Powder Cores

Nanjing New Conda is a specialized manufacturer of high-performance powder cores, with a particular focus on MPP and Sendust types. The company serves customers who require precise magnetic characteristics for applications in aerospace, medical equipment, and high-end telecommunications infrastructure.

Innovation & Application Focus:

• Focus on high-performance, high-reliability market segments
• Technical expertise in material formulation and core design
• Growing presence in international markets with demanding quality standards

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🔬 Outlook: The Future of Powder Magnetic Cores Is High-Frequency and High-Efficiency

The powder magnetic cores market is at the forefront of the global shift toward electrification and energy efficiency. While traditional materials like Sendust and MPP continue to be widely used, the industry is innovating to meet the demands of wide-bandgap semiconductors (SiC and GaN) that operate at higher frequencies and temperatures.

📈 Key Trends Shaping the Market:

• Accelerated adoption in Electric Vehicle (EV) power trains, onboard chargers, and charging infrastructure
• Increasing demand from renewable energy systems, particularly solar inverters and wind turbines
• Miniaturization of power electronics driving the need for cores with higher power density
• R&D into new composite materials to reduce core losses at megahertz frequencies

The companies profiled above are not merely manufacturing components—they are enabling the technological evolution of how the world generates, distributes, and consumes electrical power. Their innovations are critical to achieving a more efficient and sustainable electronic future.

Get Full Report Here: Powder Magnetic Cores Market – View in Detailed Research Report