According to the China General Machinery
Parts Association powder metallurgy branch report, 2006 China's powder
metallurgy parts and products production increased by 17.5%, reaching about
88000t. Statistical product categories include iron copper based powder
metallurgy parts, oil bearing and friction materials. In which the amount of
powder metallurgy parts of the automobile market is about 32000t, accounting
for 37%, an increase of 28%; power tool market growth of 29%.
The future will show a potential of China's
automobile parts in powder metallurgy products market growth spurt. According
to statistics, the amount of powder metallurgical products in developed
countries accounted for the vast majority of the total production of powder
metallurgy products, such as the United States accounted for 90%, 80% in
Europe, while China is still less than 40%. European average per vehicle powder
metallurgy products usage is 14kg, Japan is 16KG, the United States has reached
more than 19.5kg.
The next few years is expected to reach
22kg, while China's current average per vehicle powder metallurgy products are
only about 5kg. If calculated according to an annual output of 50 million cars,
China's annual auto parts uses about 2.5 million tons of iron and steel powder,
if the amount of our country every car powder metallurgy products to reach the
European level, and keep car powder metallurgy parts replacement, so only the
steel powder will need to nearly 10 million tons, is 1.25 times as much as that
of the powder metallurgy total demand.
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