Abstract With the maturity of production technology and production technology of synthetic diamond, the production cost of synthetic diamond has dropped significantly and the grade has been continuously improved. The application range of synthetic diamond will become more and more extensive. With the application in emerging industries, it is expected to further expand. Can be expected in the future...
As the production technology and production process of synthetic diamonds become more mature, the production cost of synthetic diamonds will drop sharply and the grades will continue to increase. The application range of synthetic diamonds will become more and more extensive, and applications in emerging industries are expected to expand further. It will continue to grow at a higher rate for a longer period of time that can be expected in the future. According to the data of industry associations, the market demand for synthetic diamonds in China in the next few years can still maintain medium and high-speed growth. However, in the past few years, with the rapid development of the industry and the fierce competition in the industry, enterprises in the field of super-hard materials and products in China have accumulated a number of risk factors for future development. (1) New product development and promotion risks
Compared with other national economic pillar industries, the super-hard materials industry has the characteristics of small industry scale, high R&D investment and high risk of investment recovery. Therefore, in the case of less domestic professional research institutions and low technology conversion rate, from product development to production equipment. The research and development, until the promotion of the output products, requires the company to bear more funds and personnel input, which inevitably brings higher risks.
(2) Intensified market competition
Due to the size of the industry and the speed of development of the industry, enterprises in the industry are facing a relatively fierce competitive environment. As the scale of investment in enterprises in the industry increases, the cost advantage brought by large-scale production will inevitably lead to a decline in product prices and ultimately reduce the profitability of enterprises. Although competition will eventually broaden the application areas and application scale of super-hard materials, fierce competition will still bring greater risks to enterprises.
(3) Macroeconomic impact
Affected by the macro-economy, the slowdown in the construction of basic investment will indirectly affect the sales of super-hard materials by affecting super-hard materials. In addition, the national financial policy is tight, corporate loan financing pressure is increasing, and special SME financing difficulties, as a company A large number of small and medium-sized enterprises of downstream customers are affected, which directly inhibits the company's product demand; although the inflation factor has a positive impact on corporate profits in the short term, it will weaken the profitability of the company in the long run. All three factors directly or indirectly affect the development of the company's main business of superhard materials. In addition, China, as a major exporter of super-hard materials and products, the continued economic downturn in Europe and the United States and its trade protectionist measures have also had a negative impact on the export sales of super-hard materials and their products.
R Shape Series Led Bulb,Outdoor Light Bulbs,Candelabra Bulbs,Dimmable Led Light Bulbs
Jiangmen hengshenghui Lighting Co., Ltd , https://www.jmsunbright.com