According to the statistics of the Japan Tool Association, the proportion of cemented carbide in the tool industry will gradually increase in the future. The ratio of high-speed steel products will gradually decrease.
The association believes that China has become the world's largest consumer of machine tools, followed by Japan, the United States, Italy and so on. The Asian economy is growing rapidly. In a good economic environment, the Japanese metal processing industry has continued to grow at a high rate in recent years. From the perspective of tool production value, the output of cemented carbide tools has continued to increase in recent years, while high-speed steel tools have begun to show a downward trend. The volume of imports and exports has increased significantly, with the main export target being Asia, followed by Europe and then North America and other regions.
The association believes that China has become the world's largest consumer of machine tools, followed by Japan, the United States, Italy and so on. The Asian economy is growing rapidly. In a good economic environment, the Japanese metal processing industry has continued to grow at a high rate in recent years. From the perspective of tool production value, the output of cemented carbide tools has continued to increase in recent years, while high-speed steel tools have begun to show a downward trend. The volume of imports and exports has increased significantly, with the main export target being Asia, followed by Europe and then North America and other regions.
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