Five Chinese Soft Magnetic Alloy Suppliers to Watch in 2026

China’s soft magnetic alloy suppliers are expanding to meet demand from power electronics, electric vehicles, aerospace, and industrial systems. A new roundup highlights five manufacturers with permalloy and precision alloy capabilities as the global market heads toward stronger growth through 2033.

Why it matters: - Soft magnetic materials are used in transformers, electric vehicles, high-frequency electronics, magnetic shielding, and other electromagnetic components. - The global soft magnetic materials market was valued at about USD 23.0 billion in 2025 and is projected to reach USD 33.9 billion by 2033. - The soft magnetic alloy segment is expected to grow at a 3.1% CAGR from 2024 to 2030, reaching USD 4.14 billion. - China holds the largest share of soft magnetic material production in Asia Pacific, making Chinese suppliers a key part of the global supply chain.

What happened: - The roundup named five Chinese suppliers with soft magnetic alloy capabilities for 2026. - The list includes Shijiazhuang Cheng Yuan Alloy Material Co., Ltd, Xi’an Gangyan Special Alloy Co., Ltd, Shanghai Tankii Alloy Material Co., Ltd, Changzhou DLX Alloy Co., Ltd, and Beijing Beiye Functional Materials Corporation. - The companies serve applications in aerospace, automotive systems, industrial equipment, instrumentation, medical devices, and power electronics.

The details: - Shijiazhuang Cheng Yuan Alloy Material Co., Ltd was founded in 2021 and produces heating alloys, pure nickel alloys, high-temperature alloys, soft magnetic alloys, expansion alloys, corrosion-resistant alloys, and stainless steel. - Cheng Yuan Alloy is based in Shijiazhuang, Hebei Province, and operates a 200 m² manufacturing facility with annual production capacity of USD 10 million to USD 15 million. - Cheng Yuan Alloy employs about 20 staff and says export sales account for 50% of total sales. - Cheng Yuan Alloy’s major markets include Russia, Germany, France, Italy, the United States, Canada, South Korea, Japan, Brazil, and India. - Cheng Yuan Alloy supplies wire, strip, sheet, bar, wire mesh, powder, tube, stamping, and strand wire forms. - Cheng Yuan Alloy’s key permalloy grades include 1J22, 1J79, 1J50, and 1J85, with products compliant with ASTM A753 and GB/T 15014 standards. - Cheng Yuan Alloy’s materials are used in transformer cores, magnetic shielding, audio equipment, high-frequency transformers, and new energy vehicle components. - Cheng Yuan Alloy also offers 1J22MS and 1J22HS variants for aerospace and precision transducer applications. - More information is available on the company website. - Xi’an Gangyan Special Alloy Co., Ltd specializes in precision soft magnetic alloys, including permalloy 1J series products and cobalt-iron alloys such as HiperCo 50/1J22. - Xi’an Gangyan emphasizes strict thickness tolerance and controlled magnetic properties for aerospace, military, and industrial uses. - Shanghai Tankii Alloy Material Co., Ltd supplies permalloy strip, bar, and wire for EMI shielding, transformer cores, and automotive sensors. - Shanghai Tankii offers nickel-iron alloys including 1J79, 1J50, and 1J85, and maintains an export network across Europe and North America. - Changzhou DLX Alloy Co., Ltd focuses on soft magnetic alloys and precision strip processing. - Changzhou DLX’s 1J79, 1J50, and 1J85 permalloy strips are used in high-frequency transformers and magnetic amplifiers. - Changzhou DLX offers custom width options and consistent magnetic performance. - Beijing Beiye Functional Materials Corporation is a state-owned enterprise producing advanced functional materials, including soft magnetic alloys. - Beijing Beiye supplies 1J22, 1J79, and other permalloy grades for aerospace, instrumentation, and medical devices. - Beijing Beiye holds ISO 9001 certification and has strong R&D capability.

Between the lines: - The suppliers on this list are clustered around high-spec applications rather than commodity-grade materials. - The emphasis on thickness tolerance, controlled magnetic properties, and custom strip processing signals demand for tighter performance in power and sensing systems. - Cheng Yuan Alloy’s export footprint suggests Chinese suppliers are competing globally, not only in domestic markets.

What's next: - Demand for soft magnetic alloys is likely to remain tied to electrification, high-frequency power conversion, and industrial automation. - Suppliers with broader product ranges, export channels, and application-specific grades are positioned to benefit as component makers look for stable sourcing and tighter material specs. - Cheng Yuan Alloy is inviting inquiries and collaboration through its listed contact channels.