China Rare Earth Permanent Magnet Market Trends and Report to 2017

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China accounts for over 23% of the global reserves of rare earth metals. It produced volumes over 84% in 2012. Thus the country is a key driver of the worldwide rare earth permanent magnet industry in terms of production as well as consumption.

For more details:

http://www.radiantinsights.com/research/in-depth-analysis-and-forecast-of-china-rare-earth-permanent-magnet-industry-2013-2017

Rare earth permanent magnets have various uses, both civil and defense. Products for the civilian purposes include industrial motors, wind power generation, clear energy automobiles, and energy-saving household appliances.

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