China Synthetic Diamond Industry Report
The Vertical Portal for China Business Intelligence.
China Synthetic Diamond Industry Report,
2010-2011
April/2011
Property right statement: Copyright of charts, tables and sentences in this report belongs to
ResearchInChina (Beijing Waterwood). For charts or tables marketed as from other sources, original publishers own the copyright. The quoted data in this report are collected from public sources. If there is any problem related to property right, please do not hesitate to contact ResearchInChina.
China Synthetic Diamond Industry Report, 2010-2011
2. Status Quo of China Synthetic Diamond Industry
2.3 Application of Synthetic Diamond
2.3.3 Machinery, Mining, Energy
China’s economic growth has entered a mid-stage of transformation, several endogenous forces such as rising labor costs, target market transferred from export to domestic demand, and acceleration of urbanization, coupled with the subjective promotion of policies, China’s equipment manufacturing industry is accelerating the upgrading. According to the downstream demand structures of diamond tools in China, the
United States and Japan (the shares of manufacturing industry in the consumption of diamond tools are **%,
**% and **% in China, the United States and Japan respectively), diamond products have huge growth potential in China.
Machinery and Automobile: Diamond tools are in the mid-stage of application promotion in the U.S. and
European markets, and are in the initial stage of promotion in China. It’s predicted that diamond tools will see the highest sales growth rate in the field of machinery in China, which will remain as high as **% in
2008-2013.
Shares of Global Complex Chip (for PCD/PCBN Cutting Tools) Market
Source: ResearchInChina
2
China Synthetic Diamond Industry Report, 2010-2011
Mine and Oil Field: Synthetic diamond tools achieved market penetration over **% in China's oil extraction industry, but most of them are diamond drills imported
China Synthetic Diamond Industry Report,
2010-2011
April/2011
Property right statement: Copyright of charts, tables and sentences in this report belongs to
ResearchInChina (Beijing Waterwood). For charts or tables marketed as from other sources, original publishers own the copyright. The quoted data in this report are collected from public sources. If there is any problem related to property right, please do not hesitate to contact ResearchInChina.
China Synthetic Diamond Industry Report, 2010-2011
2. Status Quo of China Synthetic Diamond Industry
2.3 Application of Synthetic Diamond
2.3.3 Machinery, Mining, Energy
China’s economic growth has entered a mid-stage of transformation, several endogenous forces such as rising labor costs, target market transferred from export to domestic demand, and acceleration of urbanization, coupled with the subjective promotion of policies, China’s equipment manufacturing industry is accelerating the upgrading. According to the downstream demand structures of diamond tools in China, the
United States and Japan (the shares of manufacturing industry in the consumption of diamond tools are **%,
**% and **% in China, the United States and Japan respectively), diamond products have huge growth potential in China.
Machinery and Automobile: Diamond tools are in the mid-stage of application promotion in the U.S. and
European markets, and are in the initial stage of promotion in China. It’s predicted that diamond tools will see the highest sales growth rate in the field of machinery in China, which will remain as high as **% in
2008-2013.
Shares of Global Complex Chip (for PCD/PCBN Cutting Tools) Market
Source: ResearchInChina
2
China Synthetic Diamond Industry Report, 2010-2011
Mine and Oil Field: Synthetic diamond tools achieved market penetration over **% in China's oil extraction industry, but most of them are diamond drills imported