Ferrite Market Estimated to Experience a Hike in Growth by 2025
Ferrite is a compound derived from iron oxides and including magnetite and hematite. Ferrite possesses similar characteristics as ceramics and is hard and brittle. Hard ferrite and soft ferrite are the two major product types for ferrite. Soft ferrites generally contain compounds of zinc, nickel or manganese and find applications in electronic applications such as transformers. Hard ferrite consists of compounds of barium, cobalt or strontium. Hard ferrite is used in several consumer electronics such as refrigerators. Soft ferrite dominates...
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