The application demand for cemented carbide in my country continues to expand

my country has become the world's largest consumer of machine tools and also the largest consumer of tools in the world, but our tool consumption structure cannot even reach the world average.

        The status quo of the industry is reflected in the fact that although our machine tool output value numerical control rate and machine tool output numerical control rate have been increasing year by year, the average selling price of machine tools has shown a downward trend year by year. The overall level of cutting is not high. With the rapid development of industry and the continuous expansion of applications of CNC machine tools and machining centers in various fields of machining, the demand for high-value-added carbide products such as high-performance, high-precision grinding and coating blades and supporting tools will continue to increase. In the next few years China will become the most competitive country in the world's cemented carbide industry.

        The large-scale continuous growth of cemented carbide and large-scale market applications are an irreversible trend in the rapid development of China's national economy today. At present, China's cemented carbide market applications are mixed, and high-end products and technologies are also uneven. Facing the huge market demand, the industry puts forward higher requirements for cemented carbide products, higher precision, and the market demand for high-tech cemented carbide products depends on manufacturers to develop. In the fierce competition, there are opportunities and challenges.

        In the next few years, China's cemented carbide high-precision high-performance abrasive coating alloys, high-performance ultra-fine and nano cemented carbides, functionally graded alloys, etc. will continue to be developed and produced, and will be widely used to further meet the applications of industrial manufacturing. Demand, to promote the continuous expansion of application requirements of cemented carbide in different industries and different fields, forming a benign, reasonable and orderly development market for cemented carbide.