As the world’s major rare earth
country, China occupies 50% of the total global rare earth reserves, but also
provides about 90% of the global rare earth products every year. In order to
protect rare earth resources, it has promulgated a number of policies over the
years to limit over-exploitation and export of rare earth, including mining
license control, total quantity control, export quotas, special invoice system,
etc., whose implementation has caused supply decrease and price increase as far
as Chinese rare earth products are concerned.
In China, rare earth consumption can
be divided into traditional field and new material field, of which, the former
covers metallurgy / machinery, petroleum / chemicals, glass / ceramics,
agriculture / light industry / textile, etc., and the latter mainly refers to
permanent magnet materials, luminescent materials, polishing materials and
hydrogen storage materials.
To
Read the Complete Report with TOC Visit: http://www.marketresearchreports.biz/analysis/166015
In recent years, driven by
downstream demand, the new material field has witnessed rising consumption of
rare earth. It is expected that in 2015, the demand for rare earth from new
materials will account for 79.8% of the total, of which, magnetic materials
will show the largest of 61.3%.
As China’s largest manufacturer of
magnetic materials especially NdFeB, Beijing Zhong Ke San Huan Hi-Tech Co.,
Ltd. has an annual capacity of about 14,000 tons of sintered NdFeB (ranking
first domestically) and 1,500 tons of bonded NdFeB.
Its NdFeB products are primarily
applied in automotive, VCM, energy-saving motors, wind power and other
industries, of which, demand from the automotive industry occupies
approximately 40% of the total revenue. In 2012 thanks to the substantial
growth in automotive EPS demand, the company’s performance experienced growth
against the overall industry malaise.
To
Buy the Copy Of This Report Visit:
http://www.marketresearchreports.biz/analysis-details/china-rare-earth-industry-report-2012-2015
Jiangmen KanHoo Industry Co., Ltd is
China’s largest rare earth luminescent materials producer, with an annual
capacity of about 1,500 tons of rare earth phosphor powder, 97% of which for
energy-saving lamp use. In 2012 due to the price fluctuations in raw materials,
the company’s product prices were reduced, sales volume fell, and performance
showed a substantial decline, of which, revenue and operating income dropped by
51.56% and 79.87% YoY, respectively.
In the first half of 2012, the
company’s overall performance declined, but the revenue from rare earth
luminescent materials used in emerging fields achieved 27.1% growth. In the
future, the company will continue to expand the market of rare earth
luminescent materials for induction lamp, white-light LED, flat panel display,
and so on.
For More Information
Contact:
Hemendra Parmar
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
No comments:
Post a Comment