- Ferrite Magnets are Sintered magnets (ceramic magnets) made from ferric oxide, a raw material which is abundant in supply, thus a steady flow of Ferrite magnets can be ensured at a reasonable price setting, in fact the lowest price among competing products in the market today.
- Due to its high-coercive property, there is a smaller chance of demagnetization, and they are suitable for being used in flat forms. The magnets are produced by pressing a fine-powder of ferric oxide in a mold and heated in a furnace at approximately 1200 degrees Celsius. They are resistant to corrosion and fit for mass production. Ferrite magnets can be classified into two categories: Anisotropic Ferrite and Isotropic Ferrite.
- A steady supply of raw material can be ensured at an inexpensive price-setting.
- High coerciveness makes them less likely to demagnetize.
- Similar to other ceramics ferrite magnets are brittle, but since they are made by molding powdered ferric oxide they are fit for mass production.
- With specific gravity of 4.8g/cm3, these magnets can be much lighter compared to other magnetic products.
- Able to place 2-10 poles on a flat surface. Also possible to magnetize multi-poles along the circumference of the magnet, thus more demands are coming in for applications in meters and motors.
- Used as materials to make rubber magnets and plastic magnets.
- Ferrite magnets are used in various products, such as device for electrical instruments, automobile motors and generators, stationery products, household appliances, and healthcare equipments.