The main uses of rare earth polishing powder are 4 categories: optoelectronics, jewelry, building materials, abrasive. Its application field keeps pace with The Times, from the traditional TV picture tube glass shell and rhinestone and other fields, gradually to the liquid crystal display, precision optical instruments and other high-performance fields, its application prospect is broad. At present, the high performance rare earth polishing materials mainly focus on Japan, South Korea, the United States and other countries research and development and production. For more than 40 years, the consumption of rare earth polishing powder in China has mainly concentrated on the glass industry, especially the production of cathode ray tube panel glass.

With the rapid development of the global electronic information industry, the market demand for rare earth polishing powder increases sharply. The consumption of rare earth polishing powder in China accounts for half of the world, and the annual demand has exceeded 2000T, and continues to grow rapidly. It can be seen that consumers are mainly concentrated in optical and photoelectric industries, such as glass factory has been the largest consumer of rare earth polishing powder.

It is well known that 90 percent of the rare-earth polishing materials used to make the iPhone's screen, processor and speakers are mined in China's Inner Mongolia Autonomous Region. It can be seen that the production of rare earth polishing powder in China is mainly concentrated in the middle and low end, and the high-end field is less, which directly leads to the surplus of the middle and low end products, the market competition is intensified, and the high-end products are seriously insufficient. The sharp rise and fall in the price of rare earth polishing materials has led to severe overcapacity. The price of rare earth polishing materials in the short term concussion, greatly interfered with the healthy development of the industry. China's rare earth polishing powder enterprises in their own fields, will gradually integrate their products, many manufacturers in the past in all fields are comprehensive attack, competition situation will be improved.

In the future, the prosperity and development of global electronic products will still be inevitable. Rare earth polishing materials will be mainly used for polishing liquid crystal glass, smart phone panels, optical glass and other electronic products. The expansion of the application market will undoubtedly bring huge development space and business opportunities to the rare earth polishing powder market. We should speed up the innovation of technology and equipment, constantly research and develop new varieties, raise production levels, improve product quality, intensify export efforts and occupy the international market.