What is the development prospect of cemented carbide in China?

Good prospects. According to the Analysis Report on Market Prospect and Investment Strategic Planning of Cemented Carbide Industry in China, cemented carbide is mainly used in cutting tools, mining tools, molds and high-pressure and high-temperature exclusion chambers, in which the proportion of cutting tools and mining tools is 33% and 25% respectively. In 20 12, the output of cemented carbide in China was 23,500 tons, the sales income of cemented carbide industry was 20.9 billion yuan, and cemented carbide was exported nearly 5,000 tons, earning more than 360 million US dollars. The output of cemented carbide deep processing products reached 6600 tons, accounting for 1/3 of the total alloy output.

At present, opportunities and challenges coexist in China's tool manufacturing industry, but overall, the favorable factors for the development of the industry are dominant. Based on the economic development at home and abroad and the development of China's tool industry, it is predicted that China's tool industry will maintain an annual growth rate of more than 25% during the "Twelfth Five-Year Plan" period. By 2065.438+05, the industry sales revenue is expected to exceed 654.38+04 billion yuan, and the demand for cemented carbide in the tool field is promising.