Neodymium iron boron magnets are becoming an important factor affecting the development of manufacturing industries in various countries, and neodymium iron boron is one of the main raw materials for manufacturing environmentally friendly and energy-saving products.

The application of neodymium iron boron in fields such as automobiles, compressors, and wind turbines is precisely based on environmental protection and energy conservation considerations. As an environmentally friendly and energy-saving functional material, neodymium iron boron will be more widely used by magnet manufacturers. In an era of increasing energy scarcity, the conversion of wind energy into electricity will undoubtedly be supported by government policies. Wind power generation has been implemented on a large scale in Europe. Previously, 1 megawatt units used approximately 1 ton of neodymium iron boron. Thanks to the rapid growth of the wind power industry, the use of neodymium iron boron in wind turbines will also increase rapidly. From the perspective of manufacturers of neodymium iron boron magnets, the demand for neodymium iron boron magnets will inevitably increase significantly in later life.