Post: 2016-01-22
 
The Development Situation of Global Rare Earth Permanent Magnet Industry
 
In recent years, due to the high cost of production in the developed countries, magnet prices are falling in the international market, in these countries to produce magnet is unsustainable, therefore ,the western developed countries represented by the United States, European magnets companies make the adjustment to change international structure of ndfeb industry.

Sintered magnets
 
Forward-looking industry research institute published the data according to《China's rare earth permanent magnet materials industry from 2015 to 2020 the market foresight strategic planning and investment analysis report》, since 1990, sintered ndfeb magnet production is growing rapidly in the world, an average annual growth rate at about 25%.In the 21st century, although the development of rare earth permanent magnet industry of the United States, Europe and other developed countries stalled, but due to the supernormal development of the rare earth permanent magnet industry in China, made the global rare earth permanent magnet industry still maintain rapid growth trend. In 2005, global sintered ndfeb production of 42300 tons, China's output of 33000 tons, accounting for 78% of the world's total output, maintain a strong growth momentum.Japan marking time, sintered ndfeb magnet in maintaining state. The sintered ndfeb magnet all die after 2004 in USA.

Bonded magnets
 
Bonded magnets, global production capacity mostly in Japanese companies. Representative of the two companies, is a seiko epson, they have all turned to Shanghai epson production of magnetic magnetic device co., LTD. Another is Japan datong company. In computer hard disk drive (HDD) of the spindle motor applications, datong and Shanghai epson two enterprises occupy the whole market share of more than 90%.Tricyclic shares of the division in the end of 2002, the Shanghai epson magnetic device co., LTD., in March 2004 to further expand, the zhongke three-ring already owns a 70% stake in the company, as its largest shareholder.Skills acquired in March 2003 in Taiwan sea company, the shenzhen hine Meg is also a very high level of science and technology of bonded magnet factory, combined with domestic grew up in China Magnets Source Material ,chengdu galaxy, bonded magnet enterprises except Japan datong, the rest of the basic in China.

Global production of bonded ndfeb magnet average annual growth rate of 18%, basic maintained a steady growth trend.In 2005, although a slight decline in global output of bonded ndfeb magnet 2004 (1%), but China's bonded ndfeb production maintained a 11% increase.China's bonded ndfeb magnet production has more than 40% of global production, giving impetus to the development of the global industry.
 
Rare earth permanent magnet industry transfer trend in the world - basically complete transfer to China.
China Magnets Source Materials LTD., is developing in the production, technology, investing are gradually keep up with the pace of international, the product quality walk in the front of the international standard.