As a kind of high-performance and high-end cutting tool, solid tungsten carbide cutting tool enjoys increasing applications with the development of manufacturing industry. Some key industries like aviation and die and mound industry have higher demands for cutting tools due to their own developments. Therefore, cutters adopting new technology and structure are constantly emerging, enriching the cutter varieties. In order to meet the requirements of aviation industry towards cutting tools, cutting tool manufacturers at home and abroad work closely with aeronautical manufacturing enterprises and try hard develops new cutting tools constantly. Due to plane parts’ characteristics of complicated structure, high precision, thin part wall and difficult-to-machine materials like titanium alloy, nickel base alloy, carbon fiber, etc., solid tungsten carbide cutting tool, as a kind of super-hard cutter; naturally become the main force among the cutters used in aviation industry.

 

Currently, solid tungsten carbide cutting tools hold dominant position among the total cutter types in developed countries, and so it is in China. However, some cutting tool manufacturers in China only focus on producing a great deal of high-speed steel cutters and other kinds of low-end cutters without taking into consideration the market saturation and the real needs in domestic manufacturing industry, neglecting the development and production of high-end cutters like solid tungsten carbide cutting tools.

 

Today in China, the blind production of low-end cutting tools has failed to meet the increasing needs of manufacturing industry towards the high-end cutters like solid tungsten carbide cutting tools. As a result, a market gap in high-end cutting tools has formed, which contributes to the lost of market shares of domestic manufacturers in China.