Research and Markets has announced the addition of the “China Permanent Magnet Industry Forecasts Report 2013-2017” report to their offering.
Research and Development Trend Forecast of China Permanent Magnet Industry, 2013-2017 mainly analyzes the market status quo of permanent magnet industry in China, major products and the operating conditions of domestic major enterprises; meanwhile, it analyzes and predicts the future of the permanent magnet industry, which provides the decisive reference for enterprises to know and invest in the field.
The permanent magnet can be classified into the rare earth permanent magnet, ferrite, Al-Ni-Co based permanent magnet and other permanent magnets, but the ferrite and rare earth permanent magnet are the two major categories. The rare earth permanent materials mainly include the bonded and sintered NdFeB magnets as well as the SmCo magnets.
The major manufacturing countries of permanent magnetic ferrite include China, the US and Japan etc. But with the improvement of environmental protection awareness, the expansion of environmental protection demand and the increase of production cost, the output in developed countries begin to gradually decline and is mainly concentrated in the medium and high-end products. As for the production of the medium and low-end permanent magnetic ferrite, the major part is transferred to China.
In 2005, the output of China’s permanent magnetic ferrite was 350,000 tons, accounting for about 50 percent of the global output.
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