Global Magnetic Materials Market: Industry Analysis and Opportunity Assessment 2015-2025 by Future Market Insights
Magnetic material are objects that can be magnetized or naturally hold magnetic properties. According to the ease of magnetization, magnetic materials can be classified into hard and soft. Hard magnetic materials retain their magnetism even in the absence of an applied magnetic field. Hard magnetic materials are difficult to magnetize and demagnetize. On the other hand, soft magnetic materials can be easily magnetized and demagnetized. They lose their magnetism when an external magnetic field is removed.