Market Status And Development Trend Of Permanent Magnet Ferrite in China in 2022

May 06, 2023 Leave a message

Yield analysis of ferrite permanent magnet material -- general trend of fluctuation

 

From 2016 to 2021, the output of ferrite permanent magnet materials in China decreased first and then decreased. The lowest point was 504,000 tons in 2020 and 516,000 tons in 2021, slightly rising compared with that in 2020.Distribution of ferrite permanent magnet material production enterprises - mainly small and medium-sized enterprises

 

There are more than 340 ferrite permanent magnet material manufacturing enterprises in China, among which the annual production capacity of less than 1000 tons accounts for more than 40%, 1000-3000 tons accounts for less than 30%, and only a few enterprises over 10000 tons. From a national perspective, with the continuous introduction of national environmental protection policies in recent years, the industry is facing a reshuffle, and a large number of small enterprises quit because of unqualified environmental protection requirements. It is expected that in the future, the production capacity will be concentrated in the hands of several large enterprises, and the industry concentration will continue to improve.

 

Ferrite permanent magnet material demand structure - motor demand is increasing

 

From the perspective of the demand structure of ferrite permanent magnet materials in China, the largest application field of ferrite magnetic materials is motor field, accounting for the largest proportion, and there is a trend of further expansion; Automobile, consumer electronics, instrument and household appliances industry is developing rapidly in recent years, and the demand for magnetic materials in these areas will be further expanded.

 

The production trend of ferrite permanent magnet material - will keep rising in the future

 

Ferrite permanent magnet materials are widely used in automobile manufacturing, computers, household appliances, instruments and toys and other fields. In recent years, with the improvement of people's living standards, higher requirements are put forward for the quality of life. In terms of terminal application, the application ratio of traditional fields such as home appliances, automobiles and computers decreased, while the demand growth rate of cloud computing, big data, 5G, Internet of Things, wireless charging, server, NFC, new energy vehicles, inverters and other fields was relatively high. At the same time, based on the basic law of magnetoelectric coexistence, magnetic materials and electronic technology will inevitably promote and develop each other.

 

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