Neodymium Iron Boron Magnets 20160118

Analysis on the development trend of China NdFeB magnet in 2015-2020

The development direction of the neodymium iron boron magnet technology 
China introduced relevant policies to vigorously promote the development of the neodymium industry. It is expected that in the next few years the Ministry of science and technology will allocate funds with a total of RMB 3.5 hundred million to support the utilization of rare earth resources for wind power, electric vehicles, energy saving appliances, magnetic levitation train and other fields. The introduction of such national policies is undoubtedly the most powerful support of the future development of rare earth permanent magnet industry.

Analysis of neodymium iron boron magnet industry development trend
In recent years, given the further improvement of the comprehensive performance of the NdFeB permanent magnet, the NdFeB magnet has gradually replaced other magnetic materials and become the mainstream material of the market. Due to its high efficiency, energy saving, light weight, small size and other characteristics, the neodymium magnet has been widely used in wind power generation, new energy vehicles, energy saving appliances and other promising industries. With the increasing emphasis in energy saving and environmental protection, Neo magnet is facing numerous new development opportunities.

Prediction of neodymium iron boron magnet market competition pattern
With the rapid development of modern industry, the magnet has become an indispensable material of the modern industrial field. Strong magnet is a traditional sunrise industry in China, industry output value of which is now nearly RMB 3 billion, and is still increasing rapidly. As a branch of the strong magnet industry, the new functional neodymium permanent magnet material industry is in the high-end field of the industry, which has a promising market as a fast developing new entrant in recent years. Industrial strong magnet is the most mature product among new functional magnetic materials, which has become the preferred material for the underground interior landscape design, and expanded rapidly in the field of China magnetic levitation train, synchronizing the pace of the construction of maglev train. Given the demands from underground transportation facilities construction, such as urban tunnels, and underground pedestrian tunnels, etc, it is believed that the demands of industrial strong magnets will see a stable and quick growth in the future.