Current Status of the Global Wear-Resistant Materials Industry and China's Response Measures
Release time:2025-01-24
The global wear-resistant materials industry is experiencing steady growth, driven by accelerated industrialization and infrastructure investment. Emerging markets like China and India show strong demand, while developed countries lead in advanced technologies. The industry faces challenges such as rising raw material costs, environmental pressures, and intense competition. The Asia-Pacific region is the primary growth engine, with China having a large market but needing improvement in high-end technologies. The future will focus on automation, intelligence, and green manufacturing, transforming the industry from "large" to "strong."
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