April 24, 2018

Experts predict that China's tungsten carbide industry will meet the "golden decade"

In the tungsten industry, the tungsten consumption of tungsten carbide accounts for about 50% of the total consumption of tungsten. Therefore, the development of cemented carbide industry plays an important role in the development of tungsten carbide tool ,China cemented carbide industry starts from the construction of zhuzhou cemented carbide factory in the early 1950 s, more than 50 years, from scratch, development, obtained the accomplishments that have astonished the world, has become the world's largest cemented carbide manufacturing countries, but the overall technology especially high value added products production, there is still a large gap compared with the advanced world level.
Since the financial crisis in 2008, China's tungsten carbide industry has entered a trough, especially in 2015, and it has almost hit rock bottom. But the more difficult it is, the more confident the industry experts are, zhang zhongjian, chairman of the tungsten carbide branch of the China tungsten industry association, said at the time that the industry would be dead. Sure enough, the industry began to grow in recovery in 2016, with explosive growth starting in 2017. According to statistics, compared with 2008, the output of cemented carbide will increase by 100%, sales revenue will increase by 75%, the profit will increase by 136% (the profit in 2017 will be the highest in the last 10 years), and the export volume will increase by 99%.
The 19th big, the socialism with Chinese characteristics into the new era, and high quality development stage of China's economy, Zhang Zhongjian argues that it brings to the cemented carbide industry huge opportunities for development, mainly manifested in two aspects, one is machining solutions to industry growth, one is energy, mineral resources exploitation, infrastructure construction with cemented carbide tools and steady growth.
Mechanical processing solution is cemented carbide industry core product, is the key of the industrial development, in the face of it is automobile manufacturing, CNC machine tools, aerospace, military industry, machinery, mould processing, 3 c industry processing, ships and ocean engineering equipment, and other areas of the manufacturing process. Mr Zhang says the industry's prospects for the next 10 years related to mechanical processing solutions are bright.
Like car manufacturing. According to dong Yang, vice President of the China automobile association, China's auto industry could reach 50 million vehicles in the next few years, so the number of CNC blades in the auto industry alone can reach 4 to 500 million.
Such as mechanical mold manufacturing. China is a major manufacturer and consumer of mechanical moulds. In the next 10 years, the total output value of China's mould industry is estimated to be about 500 billion yuan.
Like the Chinese aviation industry. In the next five years, China's new general aircraft is expected to be 3, 000, and commercial aircraft will begin to be produced, and various types of military aircraft will be replaced.

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