China Neodymium Magnets 20160116
Current development situation of China NdFeB magnet industry from 2014 to 2015
1. An analysis of current development situation of China neodymium iron boron magnets
At present, China NdFeB rare earth magnet industry has accounted for nearly 80% global market share, which is the center of the world's sintered NdFeB permanent magnet industry. In year 2010, the production of China neodymium magnets has exceeded 80% of the world's total output.
Compared with the huge production capacity, most of the neodymium magnet manufacturers in China still stay on the low-and-medium grade products, big but not strong, which becomes the bottleneck of restricting manufacturers’ profitability. Be strong and be excellent become a burning issue of NdFeB industry.
2. The impacts on neodymium magnet industry in China and solutions
Relevant data shows that the NdFeB permanent magnet manufacturers in China are more than 120, the production scale of five domestic enterprises is nearly one thousand tons. And the production scale of more than 20 rare earth magnet manufacturers reached hundreds of tons, occupied the leading role in the international industry scope. However, most of the domestic neo magnets are low-and-medium products, and a majority of them can only applied in low performance required industries. Although China's Sintered NdFeB production output is at the forefront of the world, our profits is very limited.
By contrast, the United States, Japan and other several world's top NdFeB production countries now have strong competitive large scale enterprises, Japan Sumitomo special metals company, Shin-Etsu Chemical Industrial Co., Ltd. and TDK are world's top three companies in sales volume, occupied the cutting-edge position of NdFeB industry stably.
Faced with such serious competition, China manufacturers need to optimize NdFeB production technology, improve product quality, gradually moving towards the high-end field, this is the only way to promote international competitiveness of China's NdFeB industries.
3. A development scenario analysis of NdFeB magnet industry in China
Now neodymium permanent magnets material has been applied broadly in electronic products, and the production output of China consumer electronics is the highest in the world, plus the potential industries like communications equipments, mechanical equipments and etc, the market demand is huge. It provides a good competition condition for neodymium rare earth magnet materials to enter the international market, the market prospects is very broad.
1. An analysis of current development situation of China neodymium iron boron magnets
At present, China NdFeB rare earth magnet industry has accounted for nearly 80% global market share, which is the center of the world's sintered NdFeB permanent magnet industry. In year 2010, the production of China neodymium magnets has exceeded 80% of the world's total output.
Compared with the huge production capacity, most of the neodymium magnet manufacturers in China still stay on the low-and-medium grade products, big but not strong, which becomes the bottleneck of restricting manufacturers’ profitability. Be strong and be excellent become a burning issue of NdFeB industry.
2. The impacts on neodymium magnet industry in China and solutions
Relevant data shows that the NdFeB permanent magnet manufacturers in China are more than 120, the production scale of five domestic enterprises is nearly one thousand tons. And the production scale of more than 20 rare earth magnet manufacturers reached hundreds of tons, occupied the leading role in the international industry scope. However, most of the domestic neo magnets are low-and-medium products, and a majority of them can only applied in low performance required industries. Although China's Sintered NdFeB production output is at the forefront of the world, our profits is very limited.
By contrast, the United States, Japan and other several world's top NdFeB production countries now have strong competitive large scale enterprises, Japan Sumitomo special metals company, Shin-Etsu Chemical Industrial Co., Ltd. and TDK are world's top three companies in sales volume, occupied the cutting-edge position of NdFeB industry stably.
Faced with such serious competition, China manufacturers need to optimize NdFeB production technology, improve product quality, gradually moving towards the high-end field, this is the only way to promote international competitiveness of China's NdFeB industries.
3. A development scenario analysis of NdFeB magnet industry in China
Now neodymium permanent magnets material has been applied broadly in electronic products, and the production output of China consumer electronics is the highest in the world, plus the potential industries like communications equipments, mechanical equipments and etc, the market demand is huge. It provides a good competition condition for neodymium rare earth magnet materials to enter the international market, the market prospects is very broad.
