After the 19th National Congress of the Communist Party of China, socialism with Chinese characteristics has entered a new era, and China's economy has turned to a stage of high-quality development. Experts believe that this will bring huge development opportunities to the cemented carbide industry, and the industry will usher in the "Golden Decade", which is mainly manifested in two On the one hand, the first is the rapid growth of the machining solutions industry, and the other is the steady growth of cemented carbide and tools for energy, mineral resource mining, and infrastructure construction.
In the tungsten industry, the tungsten consumption of cemented carbide accounts for about 50% of the total tungsten consumption. Therefore, the development of cemented carbide industry plays a very important role in the development of the entire tungsten industry. China's cemented carbide industry started with the construction of Zhuzhou Cemented Carbide Factory in the early 1950s. Over the past 50 years, it has grown from nothing and continued to develop. It has made remarkable achievements and has become the world's largest cemented carbide manufacturing country. , but the overall technical level, especially the production of high value-added products, still has a big gap compared with the world's advanced level.
Since the financial crisis in 2008, the development of China's cemented carbide industry has entered a low period, especially in 2015, which almost fell to the bottom. But the more difficult it is, the more confident the industry experts are. Zhang Zhongjian, president of the China Tungsten Industry Association Cemented Carbide Branch, once said at the time that the industry will die and then live. Sure enough, the industry began to recover in 2016 and exploded in 2017. According to statistics, compared with 2008, in 2017, cemented carbide production increased by 100%, sales revenue increased by 75%, profit increased by 136% (the profit in 2017 was the highest in the past 10 years), and export volume increased by 99%.
After the 19th National Congress of the Communist Party of China, socialism with Chinese characteristics has entered a new era, and China's economy has turned to a stage of high-quality development. Zhang Zhongjian believes that this brings huge development opportunities to the cemented carbide industry, mainly in two aspects. One is the machining solution industry. Rapid growth. First, the cemented carbide and tools used in energy, mineral resource mining, and infrastructure construction have grown steadily.
Rapid growth of machining solutions industry
Machining solutions are the core products of the cemented carbide industry and the top priority of industrial development. It faces automobile manufacturing, CNC machine tools, aerospace, military industry, mechanical mold processing, 3C industrial processing, ships, and marine engineering equipment. and other manufacturing fields. Zhang Zhongjian said that the industry prospects for the demand related to machining solutions in the next 10 years are bright.
such as automobile manufacturing. Dong Yang, vice-chairman of the China Automobile Association, pointed out that the large-scale production of Chinese automobiles may reach 50 million in the next few years. According to this, the annual demand for CNC blades in the automobile industry alone can reach 400 million to 500 million pieces.
Such as mechanical mold manufacturing. China is a big country in the manufacture and consumption of mechanical molds. In the next 10 years, the total output value of China's mold industry is expected to reach about 500 billion yuan.
such as the Chinese aviation industry. In the next five years, China is expected to add 3,000 general-purpose aircraft, mass production of commercial large aircraft, and mass production of various types of military aircraft.
The development of the above-mentioned related industries has provided a strong market traction for the rapid growth of my country's machining solutions industry. Zhang Zhongjian predicted that by 2025, China's machining solution carbide cutting tools will increase from the current annual sales revenue of about 17 billion yuan to 35 billion yuan, of which the scale of carbide CNC inserts and cutting tools will be about 30 billion, and the PCB cutting tools will be 2.6 billion. . By 2035, China will become the intelligent manufacturing center, technology research and development center, and talent gathering place of the global cemented carbide industry.
At the same time, Zhang Zhongjian pointed out that after the rapid development of cutting tool enterprises in recent years, they will face more severe challenges and brutal market competition. Mainly in:
First, the development trend of the automobile industry to pure electric vehicles is accelerating. Many European countries plan to eliminate gasoline and diesel vehicles, the technology of new energy vehicles is changing rapidly, and the development of superhard tools will reduce the demand for carbide CNC cutting tools. "Perhaps the last 'golden decade' is left for the carbide cutting tool industry," said Zhang Zhongjian.
Second, foreign high-end brands still firmly control the high-end cutting tool market in China and the world, and at the same time launch an attack on the "mid-end market" in China.
Third, the United States, the European Union, Japan, etc. do not recognize China's market economy status, and a Sino-US trade war may be staged.
Fourth, there is such a bad sign in the industry that the high-end CNC cutting tool products adopt low-end production thinking and marketing.
Fifth, there is a blocking point in the industrial chain between CNC blade enterprises and users.
Steady growth of cemented carbide and tools for energy, mineral resource extraction and infrastructure construction
China is the world's second largest economy, with a GDP of 82.7 trillion yuan in 2017, breaking the 80 trillion yuan mark for the first time. China is not only a big manufacturing country, but also a big country of energy consumption and mineral resource consumption.
The mining of energy and mineral resources requires various specifications and types of carbide drill bits. Energy mining is mainly oil and gas field mining, shale oil, and shale gas mining. Carbide roller cone drills, steel body PDC drills and alloy matrix PDC drills are used. drill. Mineral resources mining and engineering rock drilling mainly use carbide flat drill bits, cross drill bits, and down-the-hole drills. China's infrastructure is the largest in the world (for example, the city scale, highway mileage, high-speed rail, and urban rail traffic mileage all rank first in the world). The construction and maintenance of infrastructure requires carbide shield tools and carbide planing and milling tools.
Zhang Zhongjian told reporters that the current annual production of domestic mining alloys is about 7,000 tons, of which more than 3,000 tons of cemented carbide ball teeth. In 2017, my country consumed about 11 billion cemented carbide tools for mining and infrastructure. In the next 10 years, with the development of the "Belt and Road", the people's better life will be improved, the mining of energy and mineral resources, and the cemented carbide and tools for infrastructure construction will grow steadily.
Zhang Zhongjian also made a judgment on the development direction of the drilling tool industry. He believes that there are the following development trends:
1. China has a large production capacity of cemented carbide ball teeth and drilling tools, and has advantages in global competitiveness. There is still room for expansion in its production capacity, and the domestic and international markets have bright prospects.
2. Drilling and drilling tools are applied to deep sea (that is, the ocean with a depth of more than 1,000 meters), deep ground (referring to the drilling and mining of mineral resources more than 2,000 meters, and oil and gas resources of more than 5,000 meters), deep space (some planets in space have discovered reserves There are abundant mineral resources and oil and gas resources, such as millions of tons of helium-3 in the lunar soil, which can release huge energy in nuclear fusion reactions) The field is growing rapidly, helping the construction and development of the "Transparent Earth" technology system. Expansion of resource space.
3. From a technical point of view, composite technology is the development direction of the drilling tool industry, such as cemented carbide material gradient structure, non-uniform composite, network structure composite, different component composite, cemented carbide and synthetic diamond composite, PDC It can be combined with the function of the roller cone bit, etc.
4. The integration of cemented carbide production enterprises and drilling tool enterprises, or interconnection, is a better choice for the industry to fully meet customer needs.
"A new era has come, and the future 'golden decade' of China's cemented carbide industry is vaguely visible. The pace of China's cemented carbide from a big industrial country to a powerful country has already started." Zhang Zhongjian is full of hope for the industry.