NdFeB permanent magnetic materials and electronic information industry development, mining, communications technology, aerospace and other industries closely related. The development of NdFeB magnets has an important significance. The global magnetic output growth of about every 10 years on average 1.7 times, while the permanent magnet materials, the average annual growth rate of output of more than 8%.

China's permanent magnetic materials industry has developed substantially, and the permanent magnetic materials production capacity has gradually increased and has become the workers permanent magnet material producer. The development of permanent magnetic materials industry in the world has the following trends:

First, the permanent magnet materials, production and cost-effective rising magnet significant changes occur in the market. As a commodity, permanent magnetic materials to occupy and consolidate its market, thus creating an industry, an excellent and competitive prices are very important, you can use cost-effective the smaller the value, the greater the commercial value, the better the market outlook .

Second, China has become the permanent magnetic material producing countries, the transfer of magnet production centers to China. The twenty-first century, the global magnetic Industry Center has been shifted to China, in 1990, China AlNiCo output ranks first in the world, in 2000, Sintered Ferrite Magnet China surpassed Japan in total output; in 2001, China Sintered NdFeB production of magnets over Japan in the world's first, when the world's total output of sintered NdFeB magnets 14465t, in which my 6400t, the United States 1030t, Europe, 835t.