According to European media inautonews recently reported, France's IHS Automotive recently predicted that the global annual production of automobiles in 2014 will exceed 85 million, and by 2021 will exceed 100 million. The forecast points out that as the world's largest single-car market, China will be the dominant factor in production growth, and more mature markets such as North America and Europe will also be key factors. Tungsten carbide grits are small particles or granules of tungsten carbide, a compound made up of tungsten and carbon atoms. They are extremely hard and have a high resistance to wear and abrasion, making them useful in a variety of industrial applications. Tungsten Chips,Tungsten Carbide Chips,Tungsten Carbide Grits,Tungsten Carbide Fragments Luoyang Golden Egret Geotools Co., Ltd , https://www.xtchvaf.com
In 2009, the financial crisis swept the world. The annual global automobile production was 61.8 million units, down 12.4% from 2008. Since then, the automobile industry has gradually adjusted. In 2013, the annual global automobile production reached 82.8 million, an increase of 21 million units compared with 2009. .
IHS recently predicted that the annual global automobile production in 2021 will increase by 25 million units in 2013. In 2018, the sales volume will reach 100 million for the first time and will reach 104 million in 2021.
Mark Fulthorpe, head of global automotive production at IHS Automotive Industry Information, said, “As emerging markets shift to market balances, mature markets are under pressure to scale down and the automotive industry is undergoing global changes.â€
Denis Schemoul, the European manager of Simai Automotive, added, “European automakers will face different demand environments, depending on their segment in Europe.â€
IHS also predicts that the European market will rebound during 2015-2017 and further increase, and emerging markets will further expand.
Tungsten carbide grits are often used as abrasives in cutting tools, grinding wheels, and sandpaper. They can also be used as an additive in metal alloys to improve their hardness and wear resistance. Additionally, tungsten carbide grits are used in the mining and drilling industry for rock drilling and excavation.
These grits are available in different sizes and shapes, such as spherical or irregular particles, depending on the specific application. They are typically produced through a process called sintering, where Tungsten Carbide Powder is heated and compressed to form a solid material.
Overall, tungsten carbide grits are highly valued for their hardness, durability, and resistance to wear, making them essential in various industries where high-performance materials are required.