Magnetic Materials Market

Magnetic Materials Market by Type (Semi-Hard Magnet, Soft Magnet, Hard/Permanent Magnet) & by Application (Automotive, Electronics, Industrial, Power Generation, and Others)

Magnetic materials are used mainly for their magnetic properties. Neodymium magnets are rare-earth magnets with the highest magnetic properties. These strong permanent magnetic materials are the most powerful class of magnets commercially available today.

Magnets materials are likely to be galvanized by the developing automotive industry which mainly utilizes magnets in variety of purposes such as pollution control, alternators and gearbox. Magnets can be classified into two categories which are hard and s...