Magnets are used in a multitude of home appliances that include vacuum cleaners, garden tractors, refrigerators, lawnmowers, etc. Magnets also play a major role in the functioning of numerous devices, specifically hearing aids, MRI (magnetic resonance imaging) machines, and ventricular assist devices.
Besides this, owing to their strong
magnetic strength, magnets are used in significant product miniaturization, for improved product performance & reduced manufacturing costs. Other than this, what is rapidly emerging as a major global agenda is the reduction in the emissions of carbon-di-oxide and other greenhouse gases in line with the Kyoto Protocol.
Due to this, governments of different countries have begun to focus on leveraging energy-saving technologies as well as devices which can enable them in reducing their carbon footprints.
Furthermore, manufacturers have invented maglev (magnetic levitation), which is a relatively new transportation technology. In this technology non contacting vehicles, while suspended, guided, and propelled above a guideway by magnetic fields, travel safely at a speed of 250 to 300 miles/hour or higher. Maglev technology has the potential to grow in the near future, which would help in creating a huge demand for magnets.
Magnets in pharmaceutical industry
Small metal shavings may infiltrate processing lines during process of manufacturing pharmaceutical products and those particles will finally end up in the finished product. Therefore, this is not adequate for any business segment that is subjected to strict health & safety controls.
The core of most of the magnets used for pharmaceutical applications includes rare earth materials that comprise samarium cobalt & neodymium as this display high coercive force as well as high-temperature stability. These are important for high-volume manufacturing processes. While Samarium cobalt magnets possessing corrosion-resistant properties suit well for fluid-based applications, neodymium magnets are susceptible to corrosion, naturally and the exterior plating can bolster protection.
Benefits of magnets in pharma
There exist numerous ways for metal to