In 2015 the market will break through 300 billions hard alloy
Prospective industry research institute “2013-2017 Chinese cemented carbide industry market prospects and strategic planning investment report,” data shows, 2012 China hard alloy production capacity to 23500 tons, cemented carbide industry sales revenue 20900000000 yuan, hard alloy exported nearly 5000 tons, exports more than $360000000, reaching 6600 tons output of products deep processing hard alloy, accounting for the total yield of 1/3 alloy.
“2013-2017 Chinese cemented carbide industry market prospects and strategic planning investment analysis report” analysis, high pressure and high temperature resistance is mainly used in cutting tools, carbide tools, dies and rejection of mine cavity, wherein the cutting tools and mining tools proportion respectively accounted for 33% and 25% of the hard alloy application.
Prediction of cutting tool, hard alloy demand prospect areas
“2013-2017 Chinese cemented carbide industry market prospects and strategic planning investment analysis report” analysis, at present, China cutting tool manufacturing industry opportunities and challenges coexist, but overall, the favorable factors of development of the industry to occupy a dominant position. Combined with the development situation of domestic and foreign economic and China cutting tool industry itself, is expected to “1025” period Chinese cutting tool industry will maintain an annual growth rate of more than 25%, it is expected that in 2015 industry sales revenue is expected to exceed 140000000000 yuan mark, cutting out the prospects for a better field demand of cemented carbide.
Two, geological mining tools in the field of hard alloy demand prospects
“2013-2017 Chinese cemented carbide industry market prospects and strategic planning investment analysis report” analysis, the domestic mining tool development occupies a very important position and role in the China economic construction, science and technology progress and social development, belongs to the pillar industry of the national economy. Mining tools manufacturing industry is the foundation of country to establish an independent industrial system, but also an important indicator to measure a country’s industrial might. In recent years, China’s mining industry is developing rapidly, from the long-term development perspective, China geological mining tools industry still has considerable room for growth, large-scale railway, highway, mining, the city changed will continue for at least 10 years. In this period of time, mining tools for high-end demand will continue to improve. Geological and mining tools demand will drive the demand of cemented carbide in a large extent, China Geological Mining Tools demand of cemented carbide and broad prospects.