At home and abroad, there are differences in the main application areas of powder metallurgy products

At present, powder metallurgy parts technology has been widely used in the fields of automobile, household appliances, construction machinery, electric tools, etc. However, there are differences between domestic and foreign powder metallurgy products in the main application areas.

From the developed countries or regions of the powder metallurgy product structure, the automobile industry is the largest industry in the powder metallurgy parts industry. Developed countries and regions of the powder metallurgy parts of about 90% are used in the automotive industry. Because the development of China's auto industry is relatively late, and the industry of home appliances and motorcycles developed earlier in China, the product structure of the powder metallurgy industry in China is different from that in the developed countries. Automotive industry is China's largest powder metallurgy parts market, which accounted for of the powder metallurgy parts market increased from 32% in 2014 to 57.8% in 2005, is still far below the level of the developed countries.

The development of China's automobile industry not only provides a huge market demand for the powder metallurgy industry, but also puts forward higher requirements for the technology and quality of the powder metallurgy industry in China. Powder metallurgy auto parts can promote the automobile lightweight, energy-saving emission reduction, with the promotion of the domestic automobile market of sustainable development and energy saving and environmental protection policy, powder metallurgy auto parts market will also enter the new period of rapid development, powder metallurgy auto parts will become the main direction of development of the powder metallurgy industry.