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Discussion diamond tool market growth analysis

  • Author:Sherry Huang
  • Source:www.boreway.net
  • Release on:2015-09-25
Diamond tools within the worldwide industrial transfer substantially complete, low domestic industry concentration. At present, China, South Korea has become the world's diamond tools production base, American and European countries also retain a small amount of high-end capacity. In the United States, imports of Chinese products accounted for 40% -50%, count Korea about 70% -80%. Since the barriers to entry are not high diamond tools, domestic concentration is low. 

The stone production base will have a lot of small tools and processing enterprises, often only a few types of products, profitability and large-scale enterprises compared to a big gap between, with diamond tools category upgrade and gross margin return, industry There consolidation trend. 

Alternative Space huge diamond tools: diamond tools is an emerging industry, there is still much room for an alternative to the traditional tools. In the field of ceramics, for example, from the year before last, ceramic production kibble link to start using diamond abrasive, a group of ceramics production line of 200 million average cost of diamond tools. At present about 2000 lines, not yet fully upgraded. In grinding, fine grinding areas, as there are still technical problems to be solved such as scratches, still use traditional soft abrasive. If the full realization of alternative, ceramic production of diamond tools consumption value will double. 

The past two years, diamond tool begins for wall, floor grinding, more mature foreign and domestic has just started. Overall, with the continuous improvement of existing areas of penetration, as well as new applications continue to open, the market is huge room for growth of diamond tools.