Armstrong Magnetics, Inc. designs, manufactures and distributes high quality magnets and magnetic products since 1994 Learn more about Armstrong News - Global Output of Neodymium Magnets in 2015 - Armstrong Magnetics Inc, Inc.   
lifting magnets   Armstrong Magnetics, Inc.
(800) 965-4968 | sales@armsmag.com | Shopping Cart  
   
Armstrong Magnetics on YouTube     Armstrong Magnetics on LinkedIn    Armstrong Magnetics on Google Plus     Armstrong Magnetics on Facebook    

Global Output of Neodymium Magnets in 2015

Posted on July 21, 2016

In 2015 manufacturers all over the world produced a total of 143,000 tons of Neodymium magnets, including sintered Neodymium magnets and bonded Neodymium magnets. This global output of 2015 is 12.6% more than 2014. The global yield of Neodymium magnets in 2014 was 127,000 tons. China is the main source of the Neodymium magnets, about 80% of them are made there.

Since the discovery of Neodymium magnet compounds in 1982, the global output of Neodymium magnets has been increased rapidly from less 1 ton in 1983 to 143,000 tons in 2015.

Now a quarter of Neodymium magnets production is used in new technology fields, such as new energy vehicles. While the rest of this magnet material are applied in traditional industries, such as consumer electronics.

Global output of Neodymium magnets and yield from China, Japan, Europe and USA between 1983 and 2012:

Neodymium Magnets Global Production