Diamond tools replace traditional tools market space

The industrial transfer of diamond tools in the world is basically completed, and the concentration of domestic industries is low. At present, China and South Korea have become the world's diamond tool production bases, and European and American developed countries still retain a small amount of high-end production capacity. Taking the United States as an example, Chinese products account for 40%-50% of its imports, accounting for approximately 70%-80% of Korea's imports. Because the entry threshold of diamond tools is not high, the domestic concentration is very low. In the stone production base there will be a large number of small tool processing companies, often only a few types of products, profitability and a large gap between the size of the enterprise, with the upgrading of diamond tools and the return of gross profit margins, the industry There is an integration trend.

There is huge room for replacement of diamond tools: diamond tools are a new industry, and there is still much room for replacement of traditional tools. Taking ceramics as an example, starting from the previous year, the coarse grinding of ceramic production began to use diamond grinding tools, and a group of ceramic production lines spent an average of 2 million yuan on diamond tools. At present, about 2,000 lines nationwide have not yet been upgraded. In the fine grinding and fine grinding processes, the traditional soft abrasive tools are still used because technical problems such as scratches need to be solved. If all are replaced, the output of diamond tools used in ceramic production will double. In the past two years, diamond tools have been used for the grinding of walls and floors. It has become more mature in foreign countries and has just started in China. In summary, with the continuous improvement of the penetration rate in the existing fields and the continuous opening up of new application areas, the diamond tool market has a huge growth potential.