The Importance of Neodymium Magnets in the Present World

Magnets have become an essential ingredient in the present world. Magnets come in different shapes, sizes, and strength levels. This can be quite confusing when making a decision about the strength of the magnet needed for your project. Out of the available magnets in the present world, neodymium magnets have gained much attention and more and more people have realized the importance of neodymium magnets due to their excellent properties.

Why does neodymium magnets have been widely used in the modern world? 

Neodymium is basically a rare earth metal that can be used as a powerful magnet. They are recognized as the strongest in relation to their mass. Even the smallest neodymium magnets have the ability to support thousand times of their own mass. Even though it is a strong magnet, the price of neodymium is perfectly affordable. These reasons have increased the popularity of this magnet and it is being used for a wide range of applications in the modern world.

China is the world’s largest neodymium exporter at the moment. They cater to around 80% of the world’s requirements. Their demand has experienced significant growth after their discovery in the 1970s. They are also known as NIB magnets and take in between N24 to N55 in the magnetism scale, which has a maximum of 64. The magnetic strength is adjusted by the manufacturers according to their requirements.

The neodymium magnets are susceptible to differences in temperature and they can even lose their temperature under high temperature. However, you can also find some specialized neodymium magnets in the present world that can perform under extremely high environmental temperatures. The weight of these magnets is relatively low when compared to other magnets, which has impressed the industries that use this magnet.

The Importance of Neodymium Magnets in Wind Turbines and Other Fields

Since neodymium magnets are strong, their uses are extremely versatile. You can find neodymium being used for both industrial and commercial needs. The usage of these magnets in wind farms can be considered a perfect example to prove this fact. Wind turbines require strong, efficient, affordable, and low-weight motors and neodymium is the best element available out there to make such motors. Since the number of wind farms in the world is increasing at a rapid rate, the demand for neodymium increases from every corner of the world.

Neodymium magnets are also heavily used to manufacture motors in hybrid vehicles. In addition, you can also find them in many experimental levitation devices, mounting tools, geocaching, oil filters, and clamps.

Conclusion 

Thank you for reading our article and we hope it can help you to have a better understanding of the importance of neodymium magnets in the present world. If you want to know more about neodymium and neodymium magnets, we advise you to visit Stanford Magnets for more information.

As a leading magnet product supplier across the world, Stanford Magnets has been involved in R&D, manufacturing, and sales of permanent magnets since the 1990s and provide customers with high-quality rare earth permanent magnetic products like neodymium magnets, and other non-rare earth permanent magnets at a very competitive price.