2014 Continued Growth in the Global Market Demand for Tungsten Carbide Cutting Tools

The world tungsten carbide cutting tools market demand is constantly growing. That Europe, North America had stable growth, especially in Eastern Europe, a slight rebound in Asian markets, market potential, significant growth markets in Latin America, particularly Mexico.In this regard, in the past year, the tungsten carbide cutting tools market has been slow demand growth, mainly due to the increase of carbide tool life, then there is a user for the entire manufacturing process request to replace a lot of machine bed and tool. And versatile tool applications increase, a much simpler alternative to the conventional single-function tool.

Users will be more emphasis on the future production plant for research and development tool, not only in materials and surface coating technology in the field, but also in the product and its production process tool, the focus on production practices that will help them increase the tool manufacturer familiar with the field of market competitiveness.

In terms of technology updates, tungsten carbide cutting tools gradually replace speed steelcutting tools, especially circular tool.

 

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