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Ferrite Magnets are also called Ceramic Magnets. There are mainly two types of ferrite magnets, Barium ferrite (BaO.6Fe2O3) and Strontium ferrite (SrO.6Fe2O3). Compared with other permanent magnets, sintered ferrite magnet is cheap. It is most suitable for most sensitive, but need not very high performance applicaitons. As this is a non-metal magnets, it is the ideal magnets for applications that require non-rusty magnets in humit envirument.
Sintered ferrite (ceramic) magnets are also available in forms of isotropic and an-isotropic. The magnetic properties of isotropic ferrite are the same in all directions, therefore they can be magnetized in any pole arrangements. An-isotropic ferrite magnets, on the other hand, can only be magnetized in the direction they are oriented during production, but they have much higher magnetic strength than isptropic ones.
The most common hard ferrites are:
Strontium ferrite, SrFeO (SrO·6FeO), used in small electric motors, micro-wave devices, recording media, magneto-optic media, telecommunication and electronic industry.
Barium ferrite, BaFeO (BaO·6FeO), a common material for permanent magnet applications. Barium ferrites are robust ceramics that are generally stable to moisture and corrosion-resistant. They are used in e.g. loudspeaker magnets and as a medium for magnetic recording, e.g. on magnetic stripe cards.
Cobalt ferrite, CoFeO (CoO·FeO), used in some media for magnetic recording.
In terms of product categories, Ferrite Magnets can be generally divided into sintered ferrite magnets and bonded ferrite magnets. In 2019, sintered ferrite magnets account for about 73% of the total market share.
In terms of product application, Ferrite Magnet is mainly used in electroacoustic products, toy industry, automobile industry, home appliance industry and computer industry. In 2019, electroacoustic products occupy a dominant position in the market, with a share of about 37%.
Market Analysis and Insights: Global Ferrite Magnets Market
The global Ferrite Magnets market was valued at US$ 3788.6 in 2020 and will reach US$ 4445.3 million by the end of 2027, growing at a CAGR of 2.7% during 2022-2027.
Global Ferrite Magnets Scope and Market Size
The global Ferrite Magnets market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Ferrite Magnets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Sintered Ferrite Magnet
Bonded Ferrite Magnet
Segment by Application
Electro-Acoustic Products
Toy Industry
Automotive Industry
Home Appliance Industry
Computer Industry
The Ferrite Magnets market is analysed and market size information is provided by regions (countries). Segment by Application, the Ferrite Magnets market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
TDK
Hitachi Metals
DMEGC
Guangdong JPMF
Sinomag
Union Materials
Tokyo Ferrite
BGRIMM Magnetic Materials
Hunan Aerospace Magnet &Magneto
Zhejiang Kaiven Magnet
Guangzhou Golden South
Shunde Baling Group
Meizhou Magnetic Materials
Sintered ferrite (ceramic) magnets are also available in forms of isotropic and an-isotropic. The magnetic properties of isotropic ferrite are the same in all directions, therefore they can be magnetized in any pole arrangements. An-isotropic ferrite magnets, on the other hand, can only be magnetized in the direction they are oriented during production, but they have much higher magnetic strength than isptropic ones.
The most common hard ferrites are:
Strontium ferrite, SrFeO (SrO·6FeO), used in small electric motors, micro-wave devices, recording media, magneto-optic media, telecommunication and electronic industry.
Barium ferrite, BaFeO (BaO·6FeO), a common material for permanent magnet applications. Barium ferrites are robust ceramics that are generally stable to moisture and corrosion-resistant. They are used in e.g. loudspeaker magnets and as a medium for magnetic recording, e.g. on magnetic stripe cards.
Cobalt ferrite, CoFeO (CoO·FeO), used in some media for magnetic recording.
In terms of product categories, Ferrite Magnets can be generally divided into sintered ferrite magnets and bonded ferrite magnets. In 2019, sintered ferrite magnets account for about 73% of the total market share.
In terms of product application, Ferrite Magnet is mainly used in electroacoustic products, toy industry, automobile industry, home appliance industry and computer industry. In 2019, electroacoustic products occupy a dominant position in the market, with a share of about 37%.
Market Analysis and Insights: Global Ferrite Magnets Market
The global Ferrite Magnets market was valued at US$ 3788.6 in 2020 and will reach US$ 4445.3 million by the end of 2027, growing at a CAGR of 2.7% during 2022-2027.
Global Ferrite Magnets Scope and Market Size
The global Ferrite Magnets market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Ferrite Magnets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Sintered Ferrite Magnet
Bonded Ferrite Magnet
Segment by Application
Electro-Acoustic Products
Toy Industry
Automotive Industry
Home Appliance Industry
Computer Industry
The Ferrite Magnets market is analysed and market size information is provided by regions (countries). Segment by Application, the Ferrite Magnets market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
TDK
Hitachi Metals
DMEGC
Guangdong JPMF
Sinomag
Union Materials
Tokyo Ferrite
BGRIMM Magnetic Materials
Hunan Aerospace Magnet &Magneto
Zhejiang Kaiven Magnet
Guangzhou Golden South
Shunde Baling Group
Meizhou Magnetic Materials
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