Permanent Magnets Industry Analysis and Market Is Growing at a CAGR of 9.5% from 2013 to 2019
Permanent Magnet Market Report - 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.
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