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China strive to develop rare earth permanent magnet for optimistic about new energy automobile development

News agency, June 19, prices continued to fall, combined with the industry into the traditional off-season, prices in the near future is still difficult to rebound, the downstream ndfeb magnets price also decreases, but the industry remains optimistic about the new energy vehicles explosive growth and direct drive fan, robot demand growth in emerging markets such as gradually accelerated.
 
Ndfeb magnets are widely used in automobile motor, servo motor wind turbines, robot, and the elevator, air conditioning, speakers, etc., the current Chinese ndfeb magnets in the low end of the excess capacity, high-end scarce situation, according to research data show that total output of ndfeb magnets to more than 300000 tons, the production of sintered ndfeb blank about 2014 118000 tons, excess production capacity, the current mainstream companies operating at less than 80%.
 
Domestic new energy automobile market was officially launched in 2014, the quantity is less, the personage inside course of study also calls a new energy vehicles use the magnet market is more complex, affected by the model, the design idea and so on various aspects, different amount of magnets are used, the more difficult to accurate statistics, the current market data is less.
 
YouYan reported slightly at the beginning of the statistics, general motors vehicle more than 30 parts will use of rare earth permanent magnet, and there are more than 70 parts need to use luxury car is rare earth permanent magnet materials, a fully automatic advanced car need rare earth permanent magnet material is about 0.5 kg - 3.5 kg.Ndfeb magnets on new energy vehicles are more, each hybrid electric vehicle (HEV) than traditional car to use 5 kg of ndfeb;Pure electric vehicles (EV), rare earth permanent magnet motor to replace traditional generator to use 5-10 kg more ndfeb.
 
Production of new energy vehicles to 83900 vehicles in 2014, according to the ministry data, in the first five months of 2015, 53600 vehicles, new energy vehicles the cumulative production grew nearly three times, calculated at three times the growth throughout the year, new energy automobile production in 2015 will amount to 252000 vehicles, new energy automobile motor USES ndfeb magnets will be three times the growth in demand growth, calculated on the average consumption per 7 kg, increased consumption of about 1762 tons, less than 2% of total consumption.
 
According to the state council issued the "energy-saving and new energy vehicles industry development planning", according to a 2015, pure electric vehicles and plug-in hybrid cars off sales to 500000 vehicles;By 2020, the pure electric vehicles and plug-in hybrid electric vehicle production capacity of 2 million vehicles, the cumulative volume has more than 5 million vehicles.With the strong application of new energy vehicles, new energy vehicles use ndfeb more will have risen sharply.According to the forecast for ubs securities, if the global penetration of new energy vehicles to 10%, at least can produce 1.2 40000 tons per year of high-end ndfeb demand.
 
Ndfeb magnets is another important development market direct driving fan, in 2014 China's new installed capacity of 6297 mw direct-drive permanent magnet fan, the total annual demand for permanent magnet steel is about 5037 tons, the industry is expected in 2015 China direct drive fans are expected to reach 12000 mw of new power capacity, about half of global direct driving fan of new power capacity, is expected to use permanent magnet steel 9600 tons.
 
Another application, with the rapid development of robot will also be formed ndfeb magnets considerable consumer market, according to the international association of robot IFR data, according to the international federation of robotics latest report, global industrial robot sales about 225000 units in 2014, China's growth to 54% as industrial robot the biggest demand, analysis points out, with the development of the global industrial robot, predicts 2016 industrial robots, professional service robot, home service robot three areas of high performance ndfeb demand will exceed 9000 tons.
 
More demand from emerging markets will be ceaseless to form good magnetic material industry, the current physical market is relatively low, but the industry remains bullish, it is reported, sponsored by the best travelling expenses - 2015 China ndfeb market seminar will be held next week, upstream and downstream enterprises to participate in the enthusiasm is higher, the industry will work together to explore industry facing difficulties and development opportunities.

Contact information
China Magnets Source Material Limited
Tower B, Qiongzhu Building,
Huawang Rd,Longhua District,
Shenzhen,China
Tel: +86 755 28174720
Fax: +86 755 28174720