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Diamond Development Background

Apr. 01, 2021
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With the continuous development of my country’s economy, diamond tools are not only widely used in civil construction and civil engineering, stone processing industry, automobile industry, transportation industry, geological prospecting and defense industry and other modern high-tech fields, but also in gem, medical Many new fields such as machinery, wood, glass fiber reinforced plastic, stone crafts, ceramics and composite non-metallic hard and brittle materials are emerging, and the demand for Diamond Drill Bits in society is increasing year by year.


Diamond Drill Bits

Diamond Drill Bits


As far as product positioning is concerned, the diamond tool market is roughly divided into the professional market and the general market. The requirements of the professional market for diamond tools are mainly reflected in the higher performance indicators, that is, for specific cutting equipment and specific cutting materials, Diamond Tools must meet certain technical indicators such as cutting efficiency, cutting life, and processing accuracy. The output of professional diamond tools is only about 10% of the total diamond tool products, but its market sales account for 80% to 90% of the total diamond tool market.


In the 1960s, the diamond tool manufacturing industry took the lead in realizing industrialization and rapid development in developed countries in Europe and America. In the 1970s, Japan gained a competitive advantage with its relatively low manufacturing cost and quickly became one of the leading players in the diamond tool manufacturing industry. In the 1980s, South Korea replaced Japan as a rising star in the diamond tool industry. In the 1990s, with the global rise of China’s manufacturing industry, China’s diamond tool manufacturing industry also started, and gradually showed strong competitiveness. After more than ten years of development, China has thousands of diamond tool manufacturers with an annual output value exceeding Ten billion yuan has become one of the main suppliers of the international diamond tool market after South Korea.


With China’s technological accumulation and progress in the diamond tool manufacturing industry, Chinese diamond tool companies are now fully capable of manufacturing mid-to-high-end diamond tools and have significant product cost-effective advantages. Western countries used to monopolize technology in the mid-to-high-end professional market. Has been broken. The trend of Chinese diamond tool companies entering the mid-to-high-end market has emerged.


In terms of product types, Chinese diamond tool companies mainly produce: diamond saw blades, diamond drill bits, diamond bowl mills and diamond tools, diamonds, diamond resin abrasive blocks and other products. Among them, diamond saw blades are the largest variety of diamond tool companies in my country.


The company also provides Drilling Tools, please feel free to contact us if necessary


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