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NEW YORK, March 17, 2021 /PRNewswire/ The soft magnetic powder market is expected to grow by 2352.10 thousand MT during 2021-2025, expanding at a CAGR of over 10%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
Soft Magnetic Powder Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025
The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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