China's Tungsten Carbide Industry's Existing Problems

The main problems of tungsten carbide industry in China are the following, first, small scale enterprises, industry concentration is not high. According to incomplete statistics, 199 tungsten carbide enterprises' average annual production capacity is 176 tons, with an average annual production of 86 tons, only 4 can get annual output of more than 1,000 tons. Second, less investment in science and technology, and the lack of high-end technical personnel, R & D capability is weak. Tungsten carbide industry's inputs in China in science and technology is less than 3% of the sales revenue, scientific technical and R & D level is not high. Third, the level of product quality is low, product structure needs to be adjusted. The production of tungsten carbide in China accounted for more than 40% of world production, but tungsten carbide sales income is less than 20% of the world, it is because the high-performance ultra-fine alloy, high-performance precision grinding blade coating, super-hard tool materials, complexity products, precision carbide CNC tool and high value-added products is less, the deep processing facilities is insufficient as well as due to incomplete varieties.


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