Output Capacity & Product Application Fields of China’s Major Nd-Fe-B Enterprises Source: ResearchInChina
Table of Contents
• 1 Overview of Rare Earth Permanent Magnet Industry
• 3 Demand of Rare Earth Permanent Magnet Material
• 3.1 Demand • 3.2 Demands in Segmented Market • 3.2.1 Demand for Nd-Fe-B Permanent Magnet
Starting from rare earth resources, rare earth permanent magnet supply, segmented markets of rare earth permanent magnet, and key manufacturers, this report has presented the deep analysis of China rare earth permanent magnet industry.
China is the main Nd-Fe-B producingoutput in 2009 was 94 kilotons. The major Nd-Fe-B manufacturers in China include Zhong Ke San Huan, Ningbo Yunsheng, Taiyuan Twin-Tower, AT& M, etc. Since 2019, Chinese Nd-Fe-B manufacturers have gradually turned from medium and low-end low value-added application market to high-end application market, for instance, VCM, automobile, wind power, MRI instrument, and so on.
• 1.2.2 Major Permanent Magnet Materials • 1.3 Application Fields • 1.3.1 Sm-Co Permanent Magnet Materials • 1.3.2 Nd-Fe-B Permanent Magnet Materials • 1.4 Brief Introduction to Rare Earth
China Rare Earth Permanent Magnet Industry Report, 2009-2019
From 2000 to 2019, the average annual growth rate of global rare earth permanent magnet market maintained 25% or so. The downstream demand for rare earth permanent magnet declined sharply in 2009 because of the financial crisis. Along with the economic recovery in 2019, the consumption of Nd-Fe-B has upturned quickly, increasing by more than 30% in Q1 of this year. In the following years, there will be a vigorously increasing demand for rare earth permanent magnet in the fields such as wind power, new energy vehicles, and energy-saving home appliances with the improved requirements of energy saving & environment protection as well as the solutions of technical matters.
Rare earth permanent magnet materials consist of Sm-Co permanent magnet materials and Nd-Fe-B permanent magnet materials. Sm-Co permanent magnet, which is of relatively high cost, is mainly applied to special fields like war industry and not more than 1000 tons of it is used in these fields annually; Nd-Fe-B permanent magnet is of higher performance price ratio and its application amount is several tens of times of that of Sm-Co permanent magnet material.
• 1.1 Definition • 1.2 Classification • 1.2.1 Development
• 2.4 Patent Restricts China’s Rare Earth Permanent Magnet Supply
• 2.5 Output Volume of China’s High Performance Nd-Fe-B Will Maintain Rapid Growth