Diamond tools replace traditional tools, market space is larger

The worldwide transfer of diamond tools has been basically completed, and domestic industry concentration is low. At present, China and South Korea have become the world's diamond tool production bases, and developed countries in Europe and America still retain a small amount of high-end production capacity. In the United States, for example, Chinese products account for 40%-50% of their imports, and about 70%-80% of South Korea. Due to the low entry threshold of diamond tools, domestic concentration is very low. In the stone production base, there will be a large number of small tool processing enterprises, often only a few types of products, and the profitability is larger than that of large-scale enterprises. With the upgrade of diamond tools and the return of gross profit margin, the industry There is a trend of integration.

Diamond tool replacement space is huge: diamond tools are an emerging industry, and there is still a lot of room for the replacement of traditional tools. Taking the ceramics industry as an example, since the beginning of the previous year, the rough grinding process of ceramic production began to use diamond grinding tools, and a group of ceramic production lines cost an average of 2 million yuan of diamond tools. At present, there are about 2,000 lines in the country, and not all have been upgraded. In the fine grinding and fine grinding steps, traditional soft abrasive tools are still used because of technical problems such as scratches. If all are replaced, the value of diamond tools used in ceramic production will double. In the past two years, diamond tools have been used for grinding on walls and floors. Foreign countries have become more mature and have just started in China. On the whole, with the continuous improvement of the penetration rate of existing fields and the continuous opening of new application fields, the market scale of diamond tools has a huge room for growth.