Development Trend of Tungsten Carbide
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- Category: Tungsten's News
- Published on Wednesday, 08 May 2013 16:36
- Hits: 2198
Since China adopted a positive and sound macroeconomic policy, the national economy grows rapidly, it results the rapid growth of the tungsten carbide demand. At the same time of tungsten carbide growth in demand, the production is also increasing from 14.5 thousand tons in 2006 to grow to 24 thousand tons in 2011, a compound annual growth rate reaches 10.60%.
Tungsten carbide with high hardness, strength, wear resistance and corrosion resistance is called the "industrial teeth". It is used in the manufacture of cutting-away tools, cutting to
ols, drilling tools and wear parts, and widely used in military, aerospace, machining, metallurgy, oil drilling, mining tools, electronic communications, construction and other fields. With the development of downstream industries, the market demand of tungsten carbide is increasing continuously. What’s more, with the progress of high-tech weapons and equipment manufacturing, state-of-the-art science and technology, and the rapid development of nuclear energy, it will vigorously improve the demand for high-tech and high-quality stability carbide products.
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