China Has Become The Global Leader In Magnetic Materials

- Sep 01, 2018-

Magnetic material is an important basic functional material in the electronics industry, which is widely used in the fields of household appliances, consumer electronics, automobile electronics, industrial power supply, communication and communication, intelligent robot, environmental protection energy, aerospace and so on. According to the statistics of magnetic materials and devices branch, the global production of permanent magnet in 2017 was 924,100 tons, and that of China was 824,600 tons, accounting for 89.23% of the global production. The global production of soft magnetism is 303,300 thousand tons, and that of China is 22,200 thousand tons, accounting for 73.19% of the global production.