Tungsten Chips,Tungsten Carbide Chips,Tungsten Carbide Grits,Tungsten Carbide Fragments Luoyang Golden Egret Geotools Co., Ltd , https://www.egretgeotools.com
Despite strong demand for tires in the Indian market, ICRA believes that rising raw material prices, increased debt, high interest rates and depreciation expenses are all important factors affecting the mid-term profitability of tire manufacturing in the Indian market.
The agency said that within the business scope of India's truck and passenger car radial tire segment, the Indian tire industry faces constant competition from tires that China exports to the Indian market. The agency said that this has imposed at least some restrictions on tire production in India. In addition, trade agreements that are not conducive to India and Chinese tire products that have been low-priced have also caused suppliers to lose profits.
ICRA said that the agency expects that the supply of rubber will not increase significantly in the next year or one and a half years. Therefore, rubber prices will continue to rise.
Tungsten carbide grits are small particles or granules of tungsten carbide, a compound made up of tungsten and carbon atoms. They are extremely hard and have a high resistance to wear and abrasion, making them useful in a variety of industrial applications.
Tungsten carbide grits are often used as abrasives in cutting tools, grinding wheels, and sandpaper. They can also be used as an additive in metal alloys to improve their hardness and wear resistance. Additionally, tungsten carbide grits are used in the mining and drilling industry for rock drilling and excavation.
These grits are available in different sizes and shapes, such as spherical or irregular particles, depending on the specific application. They are typically produced through a process called sintering, where Tungsten Carbide Powder is heated and compressed to form a solid material.
Overall, tungsten carbide grits are highly valued for their hardness, durability, and resistance to wear, making them essential in various industries where high-performance materials are required.
ICRA: India's tire makers will fall in revenue
ICRA, an Indian credit rating agency, recently stated that due to insufficient supply of rubber, the agency expects Indian tire manufacturers to face falling earnings in the next year to a year and a half.