Ferrite magnets are a type of ceramic magnet made from iron oxide and other metal oxides. They are widely used due to their low cost and excellent corrosion resistance. Although their magnetic strength is relatively weak, they exhibit strong advantages in terms of temperature resistance and chemical durability, making them suitable for a variety of everyday and industrial products. Their unique combination of properties makes ferrite magnets a versatile and reliable choice for applications where cost-effectiveness and resistance to harsh environments are crucial.