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Diamond tool industry leading hardware manufacturing new revolutionary Brief

  • Author:Sherry Huang
  • Source:www.boreway.net
  • Release on :2015-11-02
As honorable position in the diamond jewelry industry, the diamond tool products for industrial applications is also living in sophisticated, high price is the main obstacle to promotion. With industry more value purchase price and not only emphasize the cost of processing sophistication, higher demands, energy saving and environmental protection standards greatly improved, diamond tool replaces traditional tools will accelerate the process unfold.

Diamond manufacturing as Chinese minority rely on technological superiority to win, concentrate 90% of global production capacity of high-end industries, will drive the solar, LED and other emerging applications, the usher in the development peak in China overall, driven by industrial upgrading. Chinese synthetic diamond companies will share this feast as a major participant in realizing their own rapid growth.
Huge potential replacement market demand to maintain high growth. The main areas downstream diamond tools including building materials, machinery, mining, electronics, photovoltaic, expects its market penetration in all areas show a good structure in turn stepped promote development: solar, LED and other fields to achieve a breakthrough from scratch, with high growth and rapidly growing industry; automotive machinery and other fields to achieve a breakthrough in China will be mainly market; stone building materials and other traditional areas will still maintain steady growth. Preliminary judging diamond materials and products worldwide potential market size reached hundreds of billions, and focused on single-crystal materials market scale of China's production is also more than ten billion yuan, demand growth will remain above 25% CAGR.

Chinese companies control the upstream part of the single crystal synthesis. Diamond chain the current situation of the global division of labor for the Chinese control the upstream part of diamond crystal synthesis, developed instead focus on the production of downstream polycrystalline composite materials and manufactured goods. Distinguished from other rely on domestic labor, resources and cost advantages obtained capacity center position but competitive, low-margin low-end manufacturing, domestic enterprises rely on independent research and development of synthetic diamond cubic synthesis technology to win the European and American press in the industry, and has spent the early disorderly competition phase, currently showing three leading companies oligopoly, enjoy excess profits.
Supply and orderly growth. Monocrystalline material supply side mainly by domestic three companies control will maintain orderly growth. Currently three companies planning expansion growth rate of about 10%, the future, or will increase. Taking into account
the industry due to technical, financial barriers and rising barriers for potential competitors to enter the result.