Chinese Tungsten Carbide Market Become Foreign Multinational Strategic Picture's Protagonist

The main problems of Chinese tungsten carbide market: Firstly, small-scale enterprises, lower industrial concentration. According to incomplete statistics, 199 carbide enterprises with an average annual capacity of 176 tons, the average annual output is only 86 tons,  more than 1,000 tons is only four enterprises. Secondly, less investment in science and technology, the lack of high-end technical personnel, weakly technology research and development capacity. Chinese tungsten carbide market in science and technology investment in less than 3% sales, scientific and technological research and development level is not high, the original core technology results less. Thirdly, lower product quality level, the product structure to be adjusted. China's tungsten carbide production accounts for more than 40% of the world's total output, but the tungsten carbide sales revenue is less than 20% of the world, mainly due to high-performChinese Tungsten Carbide Market Become Foreign Multinational Strategic Picture's Protagonistance ultra-fine alloy, high-precision high-performance abrasive coating blade, superhard tool materials, Large different products, precision carbide cutting tools, high value-added products such as low yield, lack of deep-processing facilities and varieties due to incomplete.

With the rapid expansion of China's auto industry, auto parts machining demand for cutting tools, China's steel, transportation, construction and other areas of the demand for tungsten carbide is also increasingly strong. Tungsten carbide in the foreign multinational strategic picture, the Chinese market has quietly become a protagonist by the supporting role.

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