Industry News

Market for Carbide Punches and Dies


Carbide punches and punch sleeves are important parts in the stamping die industry and have the characteristics of high hardness, high wear resistance, and high precision. At present, with the continuous improvement of stamping testing technology, the accuracy and life of carbide punches and punch bushings are better guaranteed.

The cemented carbide punch and punch sleeve manufacturing market is mainly distributed in Asia-Pacific, Europe and the United States. Currently, the main brands on the market include Sandvik, Kennametal, Tungaloy, etc.

With the rapid development of the automotive industry, the market demand for carbide punches and punch sets continues to increase. The market size is expected to reach US$2.365 billion by 2025, with a compound annual growth rate of 4.5%.

At present, the domestic market competition for carbide punches and punch sleeves is relatively fierce, with small companies occupying the major share. Some well-known manufacturers are strengthening independent research and development, improving technology and quality to build their own brand advantages.

The cemented carbide punch and punch sleeve manufacturing industry also faces many challenges in terms of environmental protection, safety, and energy conservation. Many companies are using various ways to reduce the resources and energy occupied by the company and improve production efficiency. At the same time, they are constantly developing new materials and new technologies to improve products and better meet market demand.

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