The permanent magnets application in medical imaging equipment has further promoted its development. However, due to the high cost ferrite magnet of raw materials, the current market is still at a high level.
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Strontium carbonate is one of raw material for Ferrite Magnet . Iron oxide is used as an important raw material which plays an essential part in the manufacturing process of ferrite magnet .
There are number of factors which are currently driving the market for ferrite magnet . The major factor contributed to the growth of the market is the expanding industrial applications of ferrite magnetic . 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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A ferrite is a ceramic material made by mixing and firing large proportions of iron(III) oxide (Fe2O3, rust) blended with small proportions of one or more additional metallic elements, such as strontium, barium, manganese, nickel, and zinc. They are ferrimagnetic, meaning they can be magnetized or attracted to a magnet. Unlike other ferromagnetic materials, most ferrites are not electrically conductive, making them useful in applications like magnetic cores for transformers to suppress eddy currents. Ferrites can be divided into two families based on their resistance to being demagnetized (magnetic coercivity).
The define from wikipedia