In recent years, the average annual growth rate of powder metallurgy products in China is over 15%

A lot of metal forming processes are closely related to the development of materials and powder metallurgy. Powder metallurgy is the process of metal powder as raw material, through the forming and consolidation, the manufacture of metal materials, composite materials and products. The development and production of high performance metal powder plays an important role in improving the properties of powder metallurgy materials and products and promoting the progress of powder metallurgy technology.

In all kinds of metal powder, high purity iron powder is powder injection molding is an important one of the raw materials, consumption accounts for about the powder metallurgy industry with 70% of the amount of powder, which reduced iron powder due to having a porous, with irregular morphology, forming and good green strength is high pressure, in divided into auto parts, compressor parts, sintered bearing, electric tool parts and electronic components production become irreplaceable raw materials.

Statistics show that in the last 5 years, the average annual growth rate of China's powder metallurgy products is 15.4%, the average annual growth rate of sales revenue is 16.2%. In 2013, the total sales volume of powder metallurgical machinery parts in China has reached more than.