NdFeB Magnet Application Demand Growth Can Be Expected

NdFeB magnet application demand growth can be expected

The consumption of rare earth NdFeB is increasing year by year, which is indispensable. Will the consumption of NdFeB continue to increase in my country? What new areas will be mainly added?

It is pointed out that in the next few years, the overall demand for NdFeB magnetic materials in China will still increase slightly. Although the downturn in the traditional automobile industry will be used less, the development of new energy vehicles is a trend after all, although there will be some fluctuations due to the impact of policies. The amount of NdFeB used in new energy vehicles will be much higher than that of traditional vehicles, so the total amount will still increase significantly. In addition, due to the rapid advancement of automation and intelligence, robots and their servo motors will have a rapid growth, which will drive the increase in the use of NdFeB. In addition, there will be some new fields, such as high-speed rail and motor vehicles. Applications.