Permanent Magnets Market - Global Industry Analysis, Trends

Permanent magnets are materials that possess the ability of retaining their magnetic properties even in the absence of an external electric field. Permanent magnets are used in a wide range of applications including household equipment, electronic and medical devices, electricity generation and automobiles among others. Permanent magnets are manufactured from a magnetized material that creates its own persistent magnetic field. They are either ferromagnetic or ferrimagnetic. These include cobalt, nickel, iron and alloys of rare earth elements as well as naturally occurring minerals such as lodestone. Unlike temporary magnets such as electromagnets, permanent magnets do not lose their magnetic property unless they are heated above their Curie temperature. Permanent magnets are industrially manufactured through casting or sintering. They are also produced from magnetic metallic elements, composites and rare earth materials. Neodymium-iron-boron (NdFeB), samarium cobalt (SmCo), alnico and ferrite are some of the examples of permanent magnets used in the industry. Browse The Full Permanent Magnets Market Report ,Here :http://www.transparencymarketresearch.com/permanent-magnet-market.html

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