China Magnetic Industry Development Prospects

China's output of magnetic products, although close to and more than Japan, but lower than Japan in the output. This is mainly low-grade products and low added value. Our magnetic products the average price of less than half or one third of Japan's products.

So far, China's total sales of special equipment for magnetic materials to 1.43 billion yuan, has been able to provide complete sets of magnetic material into a line of production equipment. The 21st century, China's magnetic performance and a new grade will be raised. At the same time, due to intense competition, demand continued to reduce product cost. To this end, special equipment should be developed magnetic high degree of automation, low power and high efficiency equipment. Tooling equipment, improvement of magnetic products can improve a grade, using a high degree of automation of continuous production line in order to reduce the influence of human factors to ensure product consistency.

Magnetic material is a variety of electronic products supporting product, whether it is consumer appliances and industrial machine, such as computers, communications equipment, automotive, and defense industry are inseparable from the magnetic material. According to expert analysis, magnetic materials market in the world will grow by 15%. The next five years, the Mainland of China Magnetic Material Industry mainly in terms of quality and performance is increased, the growth rate in yield will be slower. However, some developed countries, and China¡¯s Hong Kong and Taiwan region, the transfer of magnetic material industries to the Mainland of China, the total output may be a breakthrough forecast.

As the car to the development of smaller and lighter, as well as to protect the environment, use of non-gasoline-driven cars, prompting the anisotropic bonded NdFeB magnets to accelerate development. If the car has 50% of the use of bonded NdFeB magnets, such as windshield wiper motors, window washing motor, electric mirrors, door locks and seat adjustment motor and so on the application, you need to bonded NdFeB magnets 102 grams / vehicle. By 2005, world production of 55.4 million vehicles in order to calculate, it is necessary bonded NdFeB magnet is about 5540 tons. It is estimated that in 2005 the output value will be the world permanent magnet more than 10 billion U.S. dollars.