In-depth Analysis and Forecast of China Rare Earth Permanent Magnet Industry, 2013-2017

Published: Jun, 2013 | Pages: 76 | Publisher: Huidian Research
Industry: Metals | Report Format: Electronic (PDF)

China accounts for over 23% of the global reserves of rare earth metals. It produced volumes over 84% in 2012. Thus the country is a key driver of the worldwide rare earth permanent magnet industry in terms of production as well as consumption. Rare earth permanent magnets have various uses, both civil and defense.

Products for the civilian purposes include industrial motors, wind power generation, clear energy automobiles, and energy-saving household appliances. These materials also serve an important purpose in the defense sector. They form the chief primary materials for national defense cutting-edge technology uses. These include aviation & aerospace, electric interference & confrontation, precision guidance & positioning, etc.

China aims to attain the lofty goal of reducing the carbonate dioxide emissions per unit of its gross domestic product by half of those in 2005, by 2020. This is expected to provide a significant boost to the market for rare earth permanent magnet materials in the near future. In 2014, patents of dominant Japanese and U.S. vendors for neodymium-iron-boron (NdFeB) will expire in Europe, Japan and the U.S. This is bound to propel exports from China.

Aluminum-Nickel-Cobalt, iron-chromium-cobalt, composite permanent magnet materials, rare earth permanent magnet materials and permanent magnetic ferrite are the common permanent magnet materials. NdFeB permanent magnet materials would generate maximum demand till 2017. This segment will attain an annual average growth rate of 35% from 2013 to 2017. Its volumes are anticipated to reach 120,000 tons by 2017.

Applications of NdFeB are split into traditional and new. Newer applications comprise wind power generation, energy-saving elevator, new energy automobiles, energy-saving air-conditioner, and EPS.

Key players in the rare earth permanent magnet industry in China are Zhong Ke San Huan High-Tech Company Limited.; Ningbo Yunsheng Co. Ltd.; Xiamen Tungsten Co. Ltd.; Yantai Zhenghai Magnetic Material Co. Ltd.; and Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. Ltd.

Zhong Ke San Huan High-Tech Co. Ltd. is China’s largest producer of magnetic materials. In 2012, it manufactured 13,500 tons of sintered NdFeB and 1,500 tons of bonded NdFeB. Additionally, it invested in three manufacturing locations (Ningbo, Beijing, & Tianjin) for capacity expansion.

 Table of Contents

1. Overview for Rare Earth Permanent Magnet Industry 
1.1 Definition and Classification of Rare Earth Permanent Magnet
1.2 Common Permanent Magnet Materials 
1.2.1 Aluminum-Nickel-Cobalt Permanent Magnetic Alloy 
1.2.2 Iron-Chromium-Cobalt Permanent Magnetic Alloy
1.2.3 Permanent Magnetic Ferrite 
1.2.4 Composite Permanent Magnet Materials 
1.2.5 Rare Earth Permanent Magnet Materials 
1.3 Upstream and Downstream 

2. Development of Global Rare Earth Permanent Magnet Industry 
2.1 Development
2.2 Supply 
2.3 Future Development Trends 

3. Development Environment of China's Rare Earth Permanent Magnet Industry
3.1 Development Environment of China's Economy
3.1.1 Macroeconomics 
3.1.2 GDP
3.1.3 Fixed Asset investment 
3.1.4 Total Amount and Growth Rate of Imports and Exports 
3.2 Policy Environment

4. Development of China's Rare Earth Permanent Magnet Industry
4.1 Development of China's Rare Earth Industry 
4.2 Supply 
4.3 Demand 
4.4 Prices of Rare Earth Permanent Magnet Materials
4.5 Existing Problems and Countermeasures in the Development of China's Rare Earth Permanent Magnet Materials

5. Neodymium-Iron-Boron Application Field Market Segments 
5.1 Traditional Application Fields 
5.2 New Application Fields
5.2.1 Wind Power Generation 
5.2.2 New Energy Automobiles 
5.2.3 Energy-Saving Air-Conditioner  
5.2.4 Energy-Saving Elevator 
5.2.5 EPS 

6. Import and Export Data Monitoring of China's Rare Earth Permanent Magnets
6.1 Import Data
6.2 Export Data
6.3 Major Import Source and Export Destination Countries for China's Rare Earth Permanent Magnets According to the Trade Amount 
6.3.1 Major Import Source Countries
6.3.2 Major Export Destination Countries

7. Overview for Patent Technology and Cost of Rare Earth Permanent Magnet 
7.1 Overview for Patent Technology of Global and China's Rare Earth Permanent Magnet 
7.2 Cost 

8. Major Enterprises in the Rare Earth Permanent Magnet Industry 
8.1 Beijing Zhong Ke San Huan High-Tech Co., Ltd. 
8.1.1 Company Profile 
8.1.2 Operation State 
8.1.3 Competitiveness 
8.1.3.1 Technical Advantage 
8.1.3.2 Patent Advantage
8.2 Ningbo Yunsheng Co., Ltd.
8.2.1 Company Profile 
8.2.2 Operation State 
8.2.3 Competitiveness
8.3 Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co., Ltd.
8.3.1 Company Profile 
8.3.2 Operation State 
8.3.3 Competitiveness
8.4 Yantai Zhenghai Magnetic Material Co., Ltd. 
8.4.1 Company Profile 
8.4.2 Operation State 
8.4.3 Competitiveness
8.5 Xiamen Tungsten Co., Ltd.
8.5.1 Company Profile 
8.5.2 Operation State 
8.5.3 Competitiveness

9. Prospect Forecast for China's Rare Earth Permanent Magnet Materials Industry 
9.1 Prospect Forecast for China's Magnet Materials Industry
9.1.1 Technical Development Trends 
9.2 Prospect Forecast for China's Rare Earth Permanent Magnet Materials Market 

10. Investment Strategy of China's Rare Earth Permanent Magnet Materials
10.1 Investment Environment 
10.2 Industrial Risks 
10.2.1 Rare Earth Raw Materials 
10.2.2 Excessive Production Capacity 
10.2.3 Replacement by the New Materials 
10.3 Development Strategy and Suggestions