Ferrite bonded magnetic compounds create a high-cost performance because ferrite magnet density is light and cost is low. Therefore, ferrite compound has the largest market demand and  magnetic susceptibility for ferromagnetic materials are the most extensively used in the field of modern home appliances, water pump motor, office supplies, communication devices, and defense.

The orientation magnetization process can be completed in the process of injection molding, furthermore, insert molding can also be used to achieve the required products, those can reduce the subsequent process and total system cost.

The high resistivity of hard-ferrite bonded magnets results in low eddy current loss, which can be used for high-speed motor.