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Worldwide Ferrite Magnet Powder Industry to 2026 - Featuring Ningbo Yunsheng, Hangzhou Permanent Magnet & JPMF Guangdong Among Others


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The global ferrite magnet powder market exhibited moderate growth during 2015-2020. Ferrite magnet powder is derived from ceramic magnets which have electrical insulation properties. Iron oxide red is used as an important raw material which plays an essential part in the manufacturing process of ferrite magnet powder. There are number of factors which are currently driving the market for ferrite magnet powder. The major factor which has contributed immensely to the growth of the market is the expanding industrial applications of ferrite magnetic powder. Some of the applications include medium and higher energy speaker rings, magnetic separators, toys, novelties, magnetic therapy, holding-magnet systems, automotive motors, NMR devices and coatings of magnetic recording tapes. ....

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