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QYResearch: The global market for Ferrite Magnets is expected to reach about 1105 K Tonne by 2022

The Global Ferrite Magnets Market Research Report 2017 is a professional and in-depth study on the current state of the Ferrite Magnets market. Annual estimates and forecasts are provided for the period 2016 through 2022. More Info: http://www.qyresearchglobal.com/goods-1109960.html

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QYRESEARCH Ferrite magnets is a type of ceramic compound composed of iron (III) oxide (FeO) combined chemically with one or more additional metallic elements. They are both electrically nonconductive and ferrimagnetic, meaning they can be magnetized or attracted to a magnet. Ferrites magnets can be divided into two families based on their magnetic coercivity, their resistance to being demagnetized. Hard ferrites have high coercivity, hence they are difficult to demagnetize. They are used to make magnets, for devices such as refrigerator magnets, loudspeakers and small electric motors. Soft ferrites have low coercivity. They are used in the electronics industry to make ferrite cores for inductors and transformers, and in various microwave components.

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