In the past, expensive has always been a major obstacle to the widespread acceptance of PCD (polycrystalline diamond) tools, but the situation has changed a lot. The industry estimates that in the past two or three years, the price of PCD tools has dropped by 40% to 60%. One of the reasons for the "diving" of PCD tool prices is that the market supply exceeds demand. In the early 1990s, the development of PCD tools began to outpace traditional carbide tools, and the market demand for PCD tools continued to increase over the next decade. However, with the maturity of PCD tool manufacturing technology, its sales growth momentum began to slow down. In addition, new competitors entering the PCD tool manufacturing industry have also shaken the original market price system. Another reason for the decline in PCD tool prices is the ever-decreasing tool manufacturing costs, and tool manufacturing processes such as EDM for diamond roughing and precision machining of cutting edges continue to improve. In addition, the quality of diamond grinding wheels for processing PCD tools is significantly improved and the cost is greatly reduced compared to a decade ago. China's demand for PCD tools is increasing.
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