Global total production of NdFeB is around 146,000 tons,among which,the 130,000 tons are from China,accounting for 89% of the global proportion.As the specific types,current sintered NdFeB material occupies the main market of NdFeB,accounting for 94%.The average annual compound growth rate of global sintered NdFeB production is 16% from 2001-2016.

2015 global demand for high-performance NdFeB is around 54,700 tons,increasing 12%, is expected to 2020 industry demand will reach 92,000 tons, the average annual compound growth rate is 12%.At present, the total production capacity of NdFeB up to 300,000 tons in domestic,the vast majority of excess capacity concentrated in the low-end NdFeB consumption areas.

Manufacturing neodymium magnets process is very complex,and need spend long time in improving technique to get the  stable quality and higher successful rate. The other,the requirement of safety performance is very strict in EPS field,in  this case,the quality of products should be checked and confirmed more than 2 years before entering the supply chain.Overall, the stability of the competitive landscape and the existence of barriers avoid disorderly competition, but also to ensure that the NdFeB manufacturers in the industry maintain a certain profitability even if the environment is still poor.