China Tungsten Carbide Major Companies’ Production in 2Q2023

The tungsten carbide industry in China accounts for a small proportion of its market economy, compared to other industries.
China Tungsten Carbide Major Companies’ Production in 2Q2023

The tungsten carbide industry in China accounts for a small proportion of its market economy, compared to other industries. However, with the emergence of new industries, efforts are being made to improve efficiency, product quality, and precision. Despite the economic downturn, there has not been a significant decline in the production of cemented carbide products.

The impact of international trade factors has driven enterprises to rely on domestic production of cemented carbide materials to avoid disruptions in factory operations. This is largely due to the advancements made in Chinese tungsten carbide enterprises, which have undertaken extensive research in the basic science of tungsten carbide materials. The cutting tools coated with tungsten carbide, wear resistant parts made of tungsten carbide, precision stamping dies materials composed of tungsten carbide, and precision parts made of tungsten carbide, manufactured by Chinese enterprises, currently meet the requirements for the majority of industrial uses.

Tungsten Carbide Company Production Ranking Q2 2023

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