Teflon coating is the most important recognizable term used to describe polytetrafluoroethene (which shorted as PTFE) or industrial performance coating.So Teflon coated magnets are also called as PTFE coated magnets.
Teflon coated neodymium ring magnets are made for applications that require low friction and high resistance to liquids and ultrasonic cleaning. Teflon coating also helps protect the magnet from chipping or breaking. High-performance Teflon(PTFE)-coated neodymium ring magnets are water resistant and machine washable, ideal for clothing garments and accessories.
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