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Development and Application of Magnetic Material
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Development and Application of Magnetic Material

As a key functional material, magnetic material is the foundation of industrial manufacturing.  In recent years, the automobile industry has gradually expanded and become the main driving force of the magnetic material industry. In addition, as industry entered the 4.0 era, a new industrial revolution began, bringing magnetic material into a broader development space.

Magnetic material is an important basic functional material in the electronic industry. Since the 1950s, the global output and value of magnetic material have almost doubled every 10 years. At present, the world's magnetic material has become an important part of the development of modern society and industry. Currently, the global production of magnetic material is mainly taking place in Japan and China. From the perspective of technology and production capacity, China's production capacity of magnetic material ranks first in the world and has established its position as a major producer and industrial center of magnetic material in the world.

Magnetic material mainly refers to material composed of transition elements such as iron, cobalt, nickel and their alloys, which can directly or indirectly generate magnetism. Magnetic material is mainly applied to wind power, electronics, computers, communications, medical treatment, household appliances, military and other fields.

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