Portland, OR -- (SBWIRE) -- 09/27/2017 -- Rubber magnets are generally ferrite powder bonded with a synthetic rubber compound and are made of a resilient, flexible, and adjustable rubber material. Rubber magnets are generally processed into roll, strips, block, sheet, ring, and all other types of complex shapes.
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Rubber magnets have gained wide acceptance in several end-user industries owing to their superior performance and a wide number of advantageous properties such as high permeability, flexibility, and adjustability. Moreover, rapid growth of the global automotive industry and increase in demand for flexible magnetic tapes, especially in the electrical & electronics industry, drive the global rubber magnets market.Although surge in investments in R&D activities and innovations in new products and manufacturing process of rubber magnets are expected to pose lucrative opportunities in the future.
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Some Of The Key Players In The Global Market Include:
-Beijing Zhong Ke
-Electron Energy Corp
-Fuzhou AO Magnet
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