Samarium Cobalt Permanent Magnet Market – High-Performance Magnetics to 2031
The Samarium Cobalt Permanent Magnet Market is gaining traction due to the increasing demand for high-temperature-resistant and corrosion-resistant magnetic materials. These magnets are widely used in defense, aerospace, medical devices, and high-performance motors.
Unlike traditional ferrite or neodymium magnets, samarium cobalt offers superior magnetic strength and thermal stability, making it ideal for harsh environments. The defense sector, in particular, relies on these magnets for mission-critical applications such as missile guidance syst
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