According to the latest market developments in NdFeB, NdFeB Chinese market is a rapidly developing industry. Reference to the period 2000-2009 the development of magnet industry. For the new NdFeB magnets in 2010 to predict market conditions are as follows:

China's future market demand for various types of magnetic ferrite will reach 500,000 tons, 200,000 tons soft ferrite, NdFeB magnets 50 thousand tons, about the global market, accounting for 60%, 40% and 50 %. Thus, new magnetic materials will have much broader applications, such as information technology equipment, household appliances, automotive industry, electrical fields and electrical fields. In recent years, as China's digital television, 3G communications, computer, industrial upgrading and other major investment to carry out the future market demand for NdFeB magnets will still be rapid growth, China's magnetic materials industry will face a broader space for development.
Bonded NdFeB as good processability, dimensional accuracy, in particular, adapted to the electronic information machine, "for short, light-based" requirements, it developed rapidly in recent years, the global isotropic bonded NdFeB permanent magnet production of 20.5 tons from 1987 to 1998 of 1550 tons, an average annual increase of up to 39.8%. Seiko Epson Corporation of Japan for many years one has been committed to the development of bonded NdFeB, its current production of 400 tons, accounting for about 40% of Japan's total output, followed by followed by the Daido Metal Company, the company ceased production in 1992, Ferrite Magnet and to focus on the development of the Bonded NdFeB. GM's U.S. production of bonded NdFeB of the major manufacturers, the company invented the world-famous melt-spinning method, and 80% of the rapidly quenched NdFeB magnetic powder for sale to the world, 20% of the rapid quenching magnetic powder produced Hugh.
As for the improved performance and potential application of the broader market, anisotropic bonded NdFeB and ultimately when to enter the high-volume production and the application phase is still unknown, but the U.S. GM, Japanese companies such as Mitsubishi and Asahi Kasei have declared have been able to small batch production of these magnets will bring about revolutionary changes in motor vehicles. China is now only a limited number of units engaged in the development of anisotropic bonded NdFeB research. NdFeB magnets 90% of the market in the United States, Japan and Europe, while U.S. and European companies place more emphasis on intellectual property protection, in particular, the focus of Japan's Sumitomo and MQI protected areas in the absence of the patent authorization, large-scale exports, not help to open up the market, are more likely to cause the patent v.