In terms of production scale and market capacity, China has become the world's largest producer and consumer of cemented carbide. In terms of production capacity, China's cemented carbide output has accounted for 38% of the global output; In terms of market capacity, Chinese cemented carbide sales have accounted for 26% of the total global sales.
Domestic cemented carbide enterprises, however, backward technology and equipment, r&d spending less, lack of high-end technical personnel, research and development ability is weak, the production of cemented carbide products still give priority to with the medium, and most of the state was sintered products, unable to meet the needs of domestic manufacturing of carbide cutting tools, a large number of domestic manufacturing enterprise need high performance, high precision of high-grade carbide CNC blade high technology content, high additional value of tungsten products still need to be imported from abroad.
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