As outlined by IQS Directory in the article “What Are the Benefits of Ceramic Magnets?”, ceramic magnets have become the most widely used type of permanent magnet, representing around 75% of all magnets produced worldwide. Their popularity stems from their low production cost, excellent magnetic durability, and strong resistance to environmental factors.
Ceramic magnets are made from iron oxide and strontium carbonate, which are both abundant and cost-effective materials. This makes them far less expensive to manufacture than rare-earth magnets, while still providing strong magnetic fields for everyday and industrial use. One of the major benefits of ceramic magnets is their resilience. They retain their magnetism even under high temperatures or in the presence of vibrations and electric currents, making them ideal for use in applications such as DC motors and generators.