chinese ndfeb magnet presence

While demand for neodymium-iron-boron (NdFeB) permanent magnets stalled somewhat in the past year or so, all indications are that growth rates of 10 to 20 percent per year will return as world economies improve and consumers once again buy personal computers and other electronic equipment and as new applications for these magnets start to surface ¡ª especially if producers could pare down manufacturing costs. The landscape of the NdFeB market, however, has continued to change with the ever increasing presence of Chinese producers in not just sintered magnets, but bonded magnets as well. This will only accelerate as the patents for producing these magnets expire during the next several years.