Views: 3 Author: Site Editor Publish Time: 2024-07-18 Origin: Site
Magnetic materials, including magnets, play a crucial role in international trade due to their diverse applications across various industries. Here are some key areas where magnets are utilized in foreign trade:
Electronics and Electrical Appliances:
Motors and Generators: Permanent magnets, such as neodymium magnets, are essential in the manufacturing of electric motors and generators, which are widely used in household appliances, industrial machinery, and electric vehicles.
Hard Drives and Storage Devices: Magnets are critical components in data storage devices, including hard drives and magnetic storage media, which are a significant part of the electronics trade.
Automotive Industry:
Electric and Hybrid Vehicles: The rise in electric and hybrid vehicles has significantly boosted the demand for high-performance magnets used in electric motors, sensors, and other automotive components.
Fuel Efficiency Improvements: Magnets are used in various applications to improve fuel efficiency and reduce emissions, such as in magnetic fuel conditioners.
Renewable Energy:
Wind Turbines: Magnets are essential in the construction of wind turbine generators, which are critical for the production of renewable energy. The global push for renewable energy sources has increased the trade of magnets used in this sector.
Medical Equipment:
MRI Machines: Magnets are a crucial component of Magnetic Resonance Imaging (MRI) machines, which are vital in medical diagnostics. The trade of medical equipment relies heavily on the supply of high-quality magnets.
Medical Devices: Magnets are used in various medical devices, including hearing aids, pacemakers, and drug delivery systems.
Consumer Electronics:
Smartphones and Tablets: Magnets are used in speakers, microphones, and vibration motors in consumer electronics, which are a significant part of international trade.
Wearable Devices: The increasing popularity of wearable technology, such as smartwatches and fitness trackers, has driven the demand for small, powerful magnets.
Industrial Applications:
Separation Equipment: Magnets are used in industrial separation equipment to remove metal contaminants from products in the food, pharmaceutical, and chemical industries.
Magnetic Assemblies: Various industrial applications, including magnetic clamping, lifting, and holding, rely on strong and durable magnets.
Telecommunications:
Antenna Systems: Magnets are used in various components of telecommunications systems, including antenna systems for mobile and satellite communications.
Defense and Aerospace:
Navigation Systems: Magnets are used in navigation and guidance systems for aircraft, ships, and other military applications.
Aerospace Components: High-performance magnets are essential in various aerospace applications, including actuators, sensors, and power generation systems.
The global trade of magnets is influenced by the demand from these diverse sectors, making them a vital component in many industries. As technological advancements continue, the applications and importance of magnetic materials in international trade are expected to grow further.
Corporate Performance SurgeZhenghai Magnetic Materials (300224.SZ): Q3 revenue reached ¥1.916 billion (+50.76% YoY), net profit ¥115 million (+189.72% YoY). Cumulative net profit for Jan-Sep was ¥228 million (+20.46% YoY).Primary Driver: Sales of high-performance NdFeB magnets of high-performance Nd
Export DynamicsSeptember Volume: 5,774 tons, down 6.1% month-on-month (from 6,146 tons in August), ending three consecutive months of growth, but still up 17.5% year-on-year.Jan-Sep Cumulative: 39,817 tons, a 7.5% decrease compared to 2024.Destination DivergenceUS: Shipments plummeted 28.7% MoM due
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