NdFeB magnets can be divided into two types: bonded NdFeB magnets and sintered NdFeB magnets.

It is expected that in the next 20-30 years, there will be no replacement of magnetic materials for NdFeB magnets. The main raw materials for the production of neodymium iron boron magnets are metal neodymium, pure iron, ferroboron alloys and other additives.

The core technology of the NdFeB magnet industry is mainly reflected in the manufacturing process, specifically reflected in the uniformity, consistency, processing quality, coating quality and other aspects of its products.

NdFeB magnet, as the third generation rare earth permanent magnet material, has a high performance-price ratio, and it is widely used in energy, transportation, machinery, medical, IT, home appliances and other industries, especially with the knowledge economy represented by information technology The development of R&D has continuously brought new uses to functional materials such as rare earth permanent magnet NdFeB industry, which brings a broader market prospect for the NdFeB industry.