Hard Ferrite Magnets, Global Key Players Rank and Market Share, Top 13 Companies Hold 36.7% (2022) | |
Hard Ferrite Magnets Market Summary Hard Ferrite Magnets are also called Ceramic Magnets. There are mainly two types of Hard 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 application. As this is a non-metal magnets, it is the ideal magnets for applications that require non-rusty magnets in humid environment. 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 Hard 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 isotropic 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. According to the new market research report “Global Hard Ferrite Magnets Market Report 2023-2029”, published by QYResearch, the global Hard Ferrite Magnets market size is projected to reach USD 4.25 billion by 2029, at a CAGR of 3.9% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Hard Ferrite Magnets include TDK, Proterial, DMEGC, Guangdong JPMF, Sinomag, Union Materials, BGRIMM Magnetic Materials, Tokyo Ferrite, Hunan Aerospace Magnet &Magneto, Zhejiang Kaiven Magnet, etc. In 2022, the global top five players had a share approximately 29.0% in terms of revenue. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com | |
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