The Global Permalloy Foil Market was valued at approximately USD 190 Million in 2024 and is projected to reach USD 280 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust growth is primarily driven by the escalating demand for miniaturized and high-performance electronic components, the rapid expansion of 5G infrastructure, and the increasing adoption of Internet of Things (IoT) devices across consumer and industrial sectors.

Permalloy, a nickel-iron alloy renowned for its exceptional magnetic permeability and low coercivity, is a critical material in modern electronics. As the world becomes more connected and technology continues to advance, the manufacturers producing high-purity Permalloy foil are fundamental to innovation. In this blog, we profile the Top 10 Companies in the Permalloy Foil Industry—specialized material scientists and advanced alloy producers shaping the future of electromagnetic applications.

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🔟 1. Daido Steel Co., Ltd.

Headquarters: Nagoya, Japan
Key Offering: High-permeability Permalloy Foil (80% Ni-Fe), Precision Strips

Daido Steel is a global leader in specialty steel and advanced alloys, with a strong focus on high-performance magnetic materials. Their Permalloy foil products are essential for manufacturing sensitive magnetic cores used in transformers, inductors, and magnetic shielding applications for high-frequency devices.

Innovation & Technological Focus:

• Development of ultra-thin foil gauges for miniaturization
• Advanced heat treatment processes for optimized magnetic properties
• Strong R&D partnerships with global electronics giants

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9️⃣ 2. Hamilton Precision Metals

Headquarters: Lancaster, Pennsylvania, USA
Key Offering: Ultra-Thin Permalloy Foils, Custom Alloy Laminations

Hamilton Precision Metals is a premier manufacturer of precision metal foils, strips, and laminations. The company specializes in producing Permalloy foil with exceptionally tight thickness tolerances, catering to the demanding requirements of the aerospace, defense, and telecommunications industries.

Innovation & Technological Focus:

• Expertise in foil thicknesses down to 6 micrometers
• ISO 9001 and AS9100 certified manufacturing facilities
• Custom alloy development for specific magnetic and thermal performance

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8️⃣ 3. Hongyun Precision Industry Co., Ltd.

Headquarters: Shenzhen, Guangdong, China
Key Offering: 45%-80% Ni-Fe Alloy Foils, Laminated Cores

Hongyun Precision Industry is a key supplier in the Asian market, providing a wide range of Permalloy foil grades. The company serves a vast network of consumer electronics manufacturers, supplying materials for smartphone components, wearable devices, and communication modules.

Innovation & Technological Focus:

• Cost-effective production for mass-market electronics
• Rapid prototyping and short lead times
• Focus on foil for high-efficiency transformers and sensors

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7️⃣ 4. Huona New Material Co., Ltd.

Headquarters: Dongguan, Guangdong, China
Key Offering: Permalloy 80 Foil, Magnetic Shielding Materials

Huona New Material specializes in the research, development, and production of soft magnetic materials. Their Permalloy foil is widely used in electromagnetic interference (EMI) shielding, contributing to the signal integrity and performance of advanced communication equipment.

Innovation & Technological Focus:

• Advanced rolling technology for uniform grain structure
• Products compliant with international RoHS and REACH standards
• Growing capacity to meet surging demand from the 5G sector

Download FREE Sample Report: Permalloy Foil Market – View in Detailed Research Report

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6️⃣ 5. Hangzhou Ualloy Material Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Ualloy® Brand Permalloy Foil, Custom Ni-Fe Alloys

Hangzhou Ualloy Material is a dedicated manufacturer of high-quality nickel-iron alloys. The company has built a strong reputation for its consistent product quality and technical support, supplying foil for applications ranging from medical devices to automotive sensors.

Innovation & Technological Focus:

• Specialization in both standard and custom Ni-Fe compositions
• Strict quality control from raw material to finished foil
• Expanding export business to North America and Europe

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5️⃣ 6. ESPI Metals

Headquarters: Ashland, Oregon, USA
Key Offering: High-Purity Permalloy Foil, Research-Grade Materials

ESPI Metals is a leading supplier of high-purity metals, alloys, and ceramics for research, development, and specialized industrial applications. They provide Permalloy foil to national laboratories, universities, and companies engaged in cutting-edge technological innovation.

Innovation & Technological Focus:

• Supplying high-purity (99.95+%) materials for R&D
• Tailored dimensions and purities for experimental use
• Critical supplier for the defense and aerospace R&D sectors

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4️⃣ 7. Ohmalloy Material Company

Headquarters: Fitchburg, Massachusetts, USA
Key Offering: Ohmalloy® Permalloy Foils, Magnetic Alloy Powders

Ohmalloy Material Company has a long history of producing specialized magnetic alloys, including a comprehensive range of Permalloy foils. Their products are integral to the manufacturing of magnetic heads, precision instruments, and specialty transformers.

Innovation & Technological Focus:

• Proprietary manufacturing techniques for superior magnetic consistency
• Focus on low magnetostriction alloys for stable performance
• Serving niche, high-value markets with tailored solutions

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3️⃣ 8. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: Nanoscale Permalloy Foil, Sputtering Targets, High-Purity Alloys

American Elements is a global manufacturer and distributor of engineered and advanced materials. The company offers Permalloy in various forms, including ultra-thin foils and sputtering targets used in the deposition of thin films for microelectronics and data storage.

Innovation & Technological Focus:

• Production of nanoscale and thin-film materials
• Materials for next-generation memory and sensor technologies
• Global logistics network for reliable material supply

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2️⃣ 9. MetalFoil

Headquarters: West Midlands, United Kingdom
Key Offering: Precision Rolled Permalloy Foil, Lamination Stacks

MetalFoil is a European specialist in the production of precision non-ferrous metal foils and laminations. Their expertise in cold rolling allows them to produce Permalloy foil with excellent surface finish and dimensional accuracy for the European electronics market.

Innovation & Technological Focus:

• Precision rolling for tight thickness and flatness control
• Supply of ready-to-use lamination stacks for motor and transformer manufacturers
• Adherence to stringent European quality and environmental standards

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1️⃣ 10. E-SONG EMC

Headquarters: Suzhou, Jiangsu, China
Key Offering: EMC Shielding Foils, Permalloy Tapes, Flexible Laminates

E-SONG EMC focuses on electromagnetic compatibility materials, with Permalloy-based products being a core part of their portfolio. They provide flexible foil and tape solutions that are critical for shielding sensitive electronic components from interference in compact devices.

Innovation & Technological Focus:

• Development of flexible and adhesive-backed Permalloy materials
• Solutions for EMI/RFI shielding in consumer electronics and automotive systems
• Strong focus on R&D for next-generation wireless communication devices

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📡 Outlook: The Future of Permalloy Foil is Smarter and More Integrated

The Permalloy foil market is evolving rapidly, driven by the relentless push for greater electronic device performance and efficiency. While traditional applications remain significant, new opportunities are emerging in areas like electric vehicle power systems, advanced medical imaging, and quantum computing components.

📈 Key Trends Shaping the Market:

• Demand for ultra-thin foils (< 10 µm) for ultra-miniaturized components
• Increasing need for high-frequency performance in 5G and 6G infrastructure
• Integration of Permalloy foils in flexible and wearable electronics
• Advancements in annealing and processing techniques to enhance magnetic properties

The companies profiled above are not just supplying a specialty alloy; they are providing the foundational materials that enable the miniaturization, efficiency, and connectivity of the modern digital world.

Get Full Report Here: Permalloy Foil Market – View in Detailed Research Report