The Global Permalloys (FeNi) Market was valued at USD 876.5 Million in 2023 and is projected to reach USD 1.26 Billion by 2030, growing at a CAGR of 5.3% during the forecast period (2024-2030). This growth is fueled by increasing demand from electronics manufacturing, renewable energy systems, and advanced sensor applications worldwide.

As industries adopt high-performance nickel-iron alloys for modern technologies, we examine the Top 10 Companies in the Permalloys (FeNi) Industry—specialized metal producers and component manufacturers driving innovation in magnetic materials.

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🔟 1. Hitachi Metals, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Precision FeNi alloys (30-80% Ni content)

Hitachi Metals dominates the permalloys sector with its high-purity magnetic materials used in transformers, sensors, and automotive components. Their proprietary manufacturing achieves unmatched magnetic permeability and low core loss characteristics.

Technical Capabilities:

• Ultra-thin laminations for high-frequency applications
• Custom alloy development for defense applications
• Temperature-stable formulations (-200°C to +250°C)

Download FREE Sample Report: Permalloys (FeNi) Market – View in Detailed Research Report

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9️⃣ 2. Reade Advanced Materials

Headquarters: Rhode Island, USA
Key Offering: Specialty FeNi powders and custom alloys

Reade provides high-purity permalloy materials for research and industrial applications, particularly in additive manufacturing and precision components.

Technical Capabilities:

• Nanocrystalline powders (50-500nm particle size)
• Advanced coating technologies for oxidation resistance

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8️⃣ 3. Magengine

Headquarters: Shanghai, China
Key Offering: Cost-effective FeNi alloys for EMI shielding

Magengine has become China’s largest permalloy producer, supplying consumer electronics manufacturers with vertically integrated production.

Technical Capabilities:

• High-permeability alloys for 5G infrastructure
• Thin-film solutions for wearable devices

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7️⃣ 4. ESPI Metals

Headquarters: Oregon, USA
Key Offering: Ultra-pure permalloy foils and wires

ESPI specializes in research-grade materials for medical devices and precision instruments, with purity levels exceeding 99.99%.

Technical Capabilities:

• Sub-micron thin films
• Custom ternary alloy development

Download FREE Sample Report: Permalloys (FeNi) Market – View in Detailed Research Report

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6️⃣ 5. Magnetics (Spang & Company)

Headquarters: Pennsylvania, USA
Key Offering: Finished magnetic components

Magnetics transforms raw permalloys into sophisticated magnetic assemblies for power conversion systems.

Technical Capabilities:

• High-flux density cores for EV charging
• Integrated solutions for wind turbines

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5️⃣ 6. Tankii

Headquarters: Jiangsu, China
Key Offering: Industrial-grade FeNi sheets and rods

Tankii supplies Asia’s electronics sector with cost-competitive permalloys at scale, with annual capacity exceeding 50,000 metric tons.

Technical Capabilities:

• Automated precision production
• Resource-efficient alloy formulations

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4️⃣ 7. Selmag

Headquarters: Istanbul, Turkey
Key Offering: Permalloy strips and laminations

Selmag bridges European and Middle Eastern markets with regionalized permalloy solutions.

Technical Capabilities:

• Near-net shape manufacturing
• Climate-adapted alloy formulations

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3️⃣ 8. Shenzhen Jinxin Cicai

Headquarters: Shenzhen, China
Key Offering: Miniature FeNi components

This specialist provides permalloy solutions for smartphone components and IoT devices from China’s electronics hub.

Technical Capabilities:

• Micro-component manufacturing
• High-frequency EMI shielding alloys

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2️⃣ 9. Hamilton Precision Metals

Headquarters: Pennsylvania, USA
Key Offering: Ultra-thin permalloy foils

Hamilton produces the world’s thinnest permalloy foils (down to 0.0005″) for aerospace and medical imaging.

Technical Capabilities:

• Sub-micron thickness control
• Specialized surface treatments

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1️⃣ 10. Nikkoshi Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Premium Ni-Fe alloys

Nikkoshi supplies Japan’s precision engineering sector with high-reliability permalloy products.

Technical Capabilities:

• Ultra-low magnetostriction alloys
• High-temperature formulations

Get Full Report Here: Permalloys (FeNi) Market – View in Detailed Research Report

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🌍 Market Outlook: Next-Generation Permalloy Innovations

The permalloys industry is evolving with materials that offer enhanced performance for emerging technologies.

📈 Key Development Trends:

• Advancements in nanocrystalline structures for high-frequency use
• Expanding applications in additive manufacturing
• Growing EV and renewable energy adoption driving demand
• Miniaturization requiring ultra-thin solutions

Get Full Report Here: Permalloys (FeNi) Market – View in Detailed Research Report

These companies are at the forefront of developing the advanced magnetic materials enabling tomorrow’s technological breakthroughs.