Analysis of market prospects in China NdFeB Industry
In the tight supply of raw materials and maintain a high price case, the international competition in the future of NdFeB magnet industry is bound to a very intense and brutal. The test of the market economy is getting worse NdFeB magnet industry in China and all enterprises ability to resist risks.
NdFeB magnets competition among enterprises, mainly for technical and economic strength, product quality and marketing aspects of grade competition. Once converted to a seller's market of rare earth products, access to raw material price increases to ensure and digestive factors become critical to improve enterprise risk-resisting ability factors.At present, the global market capacity of NdFeB magnets have been more than 10 billion U.S. dollars, the application market has broadened from the electronics industry to the automotive, appliance, medical and other industries, with the exception broad space for development and prospects.
China NdFeB industry with high-quality products and cost advantages in the international market share expanded to the occupation is now nearly 80% market share in the strength of sintered NdFeB magnets become the world's industrial centers. Nd energy-saving environmental protection as a sunrise industry, is expected over the next 20 to 30 years there will not be a more excellent performance than the NdFeB magnets to replace it, in the next 3 to 5-year compound annual growth rate will remain at around 20% , and will continue to shift to China. Experts predict that by 2010, global production of NdFeB magnets is expected to exceed 100,000 tons. China's output will more than 80,000 tons. Than it is now almost double that. Whether the original three Nd-Fe-based businesses, or the three major resource on the origin of new NdFeB companies will face fierce market competition and survival and development of severe challenges.
At present, the world in the era of high oil prices, the greenhouse effect on global climate plus bad, energy-saving emission reduction has become all countries must assume responsibility. With the "Kyoto Protocol" of the entry into force of the world growing emphasis on environment protection and energy. The Nd-Fe-energy-saving products is the manufacture of environmentally friendly, one of the main raw material. If NdFeB in the automotive, compressors, wind turbines and other areas of application will be more extensive, the emergence of hybrid vehicles and automotive electronics will be a significant increase in the amount of system applications, there is forecast demand for the automotive industry's annual growth rate of the NdFeB reach 40%.The era of growing tensions in the energy will be wind energy into electricity are being national government's policy support, wind power in Europe has been a large-scale implementation in China is still in the initial stage. At present the use of a MW NdFeB roughly 1 tons, with the wind power industry, the rapid growth of Nd-Fe in the amount of wind turbines will also be a rapid increase.
NdFeB a sunrise industry is becoming a new environmental protection industries. NdFeB in the computer (VCM), and ordinary hybrid cars, wind turbines, nuclear magnetic resonance imager, a variety of magnetic tools, magnetic equipment, etc. will be to maintain a rapid growth momentum. And, in some new applications, such as magnetic levitation trains, magnetic levitation pipeline transportation, and maglev wind turbines, etc. has a huge potential for development. In information technology as the representative of the knowledge-based economy, spurred by rapid development, NdFeB magnet industry, no doubt there will be more very broad market prospects.