Ferrite Magnet Market To Observe Significant Growth Due To Growing Demand, Forecasting By 2032
Ferrite magnets, also known as ceramic magnets, constitute a significant segment within the broader permanent magnet industry. These magnets are composed primarily of iron oxide and barium or strontium carbonate. Their key characteristics include high magnetic permeability, good resistance to demagnetization, and cost-effectiveness compared to other types of permanent magnets like neodymium or...
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