Topic: ceramic ferrite magnets market

Market Summary The ceramic magnets market is expected to exhibit a Compound Annual Growth Rate (CAGR) of 6.60% in terms of value from 2020, reaching a total of USD 14.46 billion by 2028. Ceramic magnets serve as a cost-effective alternative to metallic magnets, owing to their resistance to corrosion and demagnetization, as well as their cost-efficient production methods. These magnets find applications in various fields and account for approximately 75% of the global demand for permanent magnets...