China's Diamond Tool Market Development Status And Supply And Demand Pattern Analysis And Forecast Report

Diamond is a tool product with diamond particles or powder as the main element. These tools include cutting, grinding, drilling, milling and polishing. Broadly speaking, diamond grinding paste, rolling saw blade, cold diamond insert drawing die, cold diamond insert tool, brazed diamond composite blade tool, etc. All belong to diamond tools.

In terms of product types, Chinese diamond tool enterprises mainly produce several products, such as diamond saw blades, diamond drills, diamond bowl milling cutters and diamond cutters, diamonds, diamond resin grinding blocks, etc. Among them, the diamond saw blade is the largest variety among Chinese diamond tool enterprises. At present, diamond tools have been widely used in construction, building materials, petroleum, geology, metallurgy, machinery, electronics, ceramics, wood, automobile and other industries.

Diamond tools have excellent properties such as superhard, ultra-wear-resistant, high-temperature resistance, oxidation resistance and corrosion resistance., So they become a very special and irreplaceable new tool. It is mainly used for the cutting of special materials that cannot be competed by traditional cutters. Although various diamond tools produced in China have been widely used in various industries and have achieved remarkable economic benefits, their technical level still lags behind that of similar foreign products. We should vigorously develop the hardware tool industry, grasp the development of new products and new processes, accelerate the development of China's hardware tool industry, and improve economic efficiency and overall technical level.

With the continuous development of China's economy, diamond tools are not only widely used in modern high-tech fields such as civil architecture and civil engineering, stone processing industry, automobile industry, transportation industry, geological exploration and national defense industry, but also in many new fields such as gemstones, medical instruments, wood, fiberglass, stone handicrafts, ceramics and composite non-metallic hard and brittle materials. The demand for diamond tools is increasing year by year.

At present, major diamond tool export bases have been formed in China, such as Beijing, Shijiazhuang, the Yangtze River Delta dominated by Danyang, Shuitou, Xiamen, the coastal area of Shandong and the Pearl River Delta dominated by Foshan. In addition, the development of diamond tools in the Central Plains and Ezhou areas in Hubei Province, with Zhengzhou as the center, is also very fast. In 2020, China's diamond tool market will reach 71.8 billion yuan.

In terms of product positioning, the diamond tool market is generally divided into professional market and general market. The market's professional demand for diamond tools is mainly reflected in high performance indicators, that is, for specific cutting equipment and materials, diamond tools must meet certain technical indicators such as cutting efficiency, cutting life, machining accuracy, etc. The output of professional diamond tools only accounts for about 10% of the total diamond tool market, but its market sales account for 80%~90% of the total diamond tool market.

1、 Analysis of overall supply trend of diamond tools
With the increase of diamond demand, the supply of diamond tools is expected to maintain a stable growth trend from 2021-2026.

II. Analysis on supply trend of diamond tools in key regions

The transfer of the world diamond tool industry has been basically completed, and the concentration of domestic industry is low. At present, China and South Korea have become the world's diamond tool production bases, while developed countries in Europe and the United States still retain a small amount of high-end production capacity. Take the United States for example, Chinese products account for 40% - 50% of its imports, and about 70% - 80% of South Korea's imports. Because the entry threshold of diamond tools is not high, the domestic concentration is very low.

There will be a large number of small tool processing enterprises in the stone production base, often only producing a few types of products. Compared with large enterprises, there is a large gap in profitability. With the upgrading of diamond tool category and the return of gross profit margin, the industry tends to integrate.
It is expected that the international diamond tool production will be further transferred to China in 2021-2026, and the regional concentration of domestic diamond tools will be further concentrated in the Beijing-Tianjin-Hebei, Yangtze River Delta and Pearl River Delta.

III. Analysis of factors affecting the supply of diamond tools in the future
Chinese enterprises in the diamond tool industry have the ability to manufacture medium and high grade diamond tools, and have obvious advantages in product cost performance. The technological monopoly of western countries in the medium and high-end professional market has been broken.

According to the "13th Five-Year Plan" national strategic emerging industry development plan, the country will give priority to the development of CNC machine tools, basic manufacturing equipment, aviation equipment, marine engineering equipment, ships, automobiles, energy conservation and environmental protection and other strategic industries by 2025; Actively promote the construction project of manufacturing innovation center, industrial base strengthening project, green manufacturing project, intelligent manufacturing project, and high-end equipment innovation project. The market scale of diamond tools in China has huge growth space.

With the technological accumulation and progress of China's diamond tool manufacturing industry, China's diamond tool enterprises have now the ability to manufacture medium and high grade diamond tools, with significant advantages in product cost performance. The technology monopoly of western countries in the medium and high-end professional market has been broken. The trend of Chinese diamond tool enterprises entering the middle and high-end market has emerged.

What is the market prospect of China's diamond tool industry? The "Analysis and Prediction Report on the Development Status and Supply and Demand Pattern of China's Diamond Tool Market" released by the Institute of Industry Research of Zhiyanzhan has analyzed in detail the potential of China's diamond tool energy resources, China's diamond tool industrial policy, China's diamond tool energy development and utilization technology at home and abroad, China's diamond tool energy utilization industry development, China's diamond tool energy key enterprise operation The development prospect and investment plan of China's diamond tool energy industry will help enterprises and investors understand the market investment value of China's diamond tool energy industry.

 

If you want to have a systematic understanding of China's diamond tool energy industry or want to invest in China's diamond tool energy industry, this report is an indispensable tool for you.