At the same time, cemented carbide cutting tools have become the main tools required by processing enterprises in my country, and are widely used in heavy industries such as automobile and parts production, mold manufacturing, aerospace, etc., but Chinese tool enterprises blindly and massively The production of high-speed steel knives and some low-grade standard knives did not take into account the market saturation and the needs of enterprises, and finally "handed over" the high-end knives market with high added value and high-tech content to foreign enterprises.
According to data, the annual sales of cutting tools in my country is about 14.5 billion yuan, of which cemented carbide cutting tools account for less than 25%, but the cemented carbide cutting tools required by the domestic manufacturing industry have accounted for more than 50% of the cutting tools. Blind production has seriously failed to meet the growing demand for cemented carbide tools in the domestic manufacturing industry, thus forming a vacuum in the mid-to-high-end market, which is eventually occupied by foreign companies.
