What is the future market of NdFeB?

Neodymium iron boron, generally speaking, is a kind of magnet. Different from the magnets we see in our life, it has excellent magnetic properties and is called "magneto king".

Because the surface of NdFeB is easy to be corroded and oxidized, the surface coating process needs to be carried out during the production of NdFeB, which is a very important step. Nd-Fe-B contains rare earth elements, which are brittle and hard. It is a new type of environmental protection material.

Magnetic material NdFeB is an alloy composed of metallic neodymium, iron and non-metallic boron. It has strong coercivity, remanence and magnetic energy product, and has the characteristics of high energy density, which makes it widely used in the field of electronic technology and modern industry. Because it is light, small and energy-saving, the future application market is very broad. For example, new energy vehicles will be the main application field of Nd-Fe-B.