Ferrite magnetic material is a sintered permanent magnet materials, which is make up of barium and strontium, no matter the ferrite magnets material have the strong

anti-demagnetization performance, but also the advantage of Cost Low. Ferrite magnets is rigid and brittle, require special machining process. The opposite sex magnet to take direction due to the orientation along the manufacturing direction, shall be provided along magnetic charge, and its same-sex magnet orientation can be along any direction magnetizing, despite the pressure surface - is often the smallest side will be found slightly stronger magnetic induction. Energy product range between 1.1MGOe to 4.0MGOe.

Nowadays, permanent ferrite products in high-tech fields accounted for 42%, such as appliances (microwave ovens, air conditioning, electric household appliances), office supplies (copier, fax machines), automobiles, motorcycles, high-fidelity audio, instrumentation sensors. The fields of application in traditional affordable products accounted for 58%, such as speakers, adsorption magnets, toy motors, magnetic separation device.

Overall, the performance of the ferrite magnet is basic on the low quality, although the production quantity is the highest in the world, but the output is not satisfactory. Magnetic material output of about 26.5 billion Yuan, the Wing ferrite output value of 6.2 billion, the average price of 15,000 yuan / ton; soft ferrite output value of 9.3 billion, the average price of 31,000 Yuan / ton, the rest of the SmCo magnets, NdFeB magnets and metallic magnets, the market share of 11 billion Yuan.

The raw materials needed by the Chinese magnetic material. Ferrite production companies about 70% iron scale, raw material, which is a major feature, instead of iron oxide with iron scales, lower raw material costs by 30 percent, with a lot of competitiveness.

The magnetic materials industry in China with rich resources and the advantages of the labor force, as well as the market supported by the huge domestic and foreign markets, which will be a stable period of development. The production of magnetic materials magnet today mainly produced in Asia, Japan as the main body of high-grade magnets; Chinese produce the middle and low magnet, and split some of the high-end product market, other Southeast Asian countries to split part of the middle and low product market. China has a good machine matching market and investment environment, ferrite magnet manufacturing accelerated Japan, Europe and the United States to China. Forecast up to 2010, in China the production of ferrite magnets will be more than six percent of the yield NdFeB magnetic material for 80 percent in the world.