The scale of the abrasive paste industry continues to expand, with a large number of companies

Abrasive pastes are generally divided into corundum-based abrasive pastes, diamond-based abrasive pastes, etc. Among them, corundum-based abrasive pastes have low technical difficulty, cheap raw materials, and diverse formulas. Many downstream users can configure their own; diamond-based abrasive pastes are relatively technically difficult. The price of artificial diamond powder is relatively high, and it is difficult to obtain formula patents. Therefore, diamond-based abrasive pastes are currently the mainstream.

Abrasive paste has broad application prospects in precision machining, molds, etc. However, due to technical problems such as poor stability and low removal rate, it has been difficult to solve, and its development process is very slow. Although China has conducted decades of research on abrasive pastes and the abrasive paste products have been updated several times, in the high-end market field, China’s abrasive paste industry still has some key technologies that cannot be broken through, resulting in the failure to fully realize the high-end abrasive pastes used in China. Produced independently, foreign brands such as British Kemet, Japanese PIKAL and American Buehler occupy major market shares.

In recent years, the rapid development of China’s diamond industry has promoted related artificial diamond powder companies to actively expand downstream areas. More and more companies have entered the abrasive paste industry, causing the scale of the industry to continue to expand, attracting national policy attention and industry standards to continue to improve. At present, the application of abrasive paste in our country is no longer limited to a few sectors such as national defense and aerospace. It has expanded to many areas of the national economy, such as auto parts, medical equipment, LED, glass, etc., and the scale of application is also large. Big growth.

According to the “China Abrasive Paste Industry Market Survey Research Report 2021-2025” released by the Industrial Research Center, from the perspective of the number of companies , there are a large number of companies in my country’s abrasive paste industry, and the industry concentration is low; from the perspective of enterprise types, domestic large-scale abrasive paste companies are dominated by joint ventures or wholly foreign-owned enterprises. Typical companies such as Zhengzhou Abrasives and Grinding Tools Grinding Research Institute Co., Ltd. , Beijing Guorui Sheng Technology Co., Ltd., etc.; from a technical point of view, although the domestic production process has been greatly improved, there is still a large gap with developed countries such as the United States and Japan. As a result, some domestic advanced formulas or production equipment are still Adopt foreign technology.

Industrial researchers believe that in the future, the abrasive paste industry still has certain development potential, mainly reflected in the growing demand for high-end abrasive pastes . As my country transforms from a “manufacturing power” to a “manufacturing power”, the domestic manufacturing industry will further consolidate the advantages of traditional manufacturing through the transformation and upgrading of traditional manufacturing, and gradually form and enhance advanced manufacturing capabilities through technological innovation.