Observations from the latest market conditions, the Chinese market gradually restore prosperity of magnetic material. A very broad prospects for the development of. NdFeB magnetic material demand and supply has continued to increase, these markets are pricing in the form of the status quo need to run accurately.
In 2010 and 2015, due to the continuing expansion of traditional markets, new energy development and energy-saving environmental protection technology the rapid development of China's annual growth rate of magnetic material industry will be maintained at more than 15%. Predicted that by 2010, the state ferrite production will reach 35 million tons, of which nickel-zinc and magnesium zinc ferrite by more than 6 million tons. To in 2010, the world production of hard ferrite material will be more than 950 thousand tons, while China's production of hard ferrite materials,To reach 550,000 tons, of which about 10 bonded ferrite million tons. By 2010, the global sintered NdFeB magnets production will exceed 10 million tons, China's output will exceed 8 million tons; By 2010, the world's Bonded NdFeB magnetsOutput exceeded 1 million tons, China's output of more than 6000 tons. By 2010, China's production of samarium cobalt permanent magnet will be break 750 tons, China's estimated production of AlNiCo magnet will exceed 5,000 tons.