Global Tungsten Carbide Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

SKU ID : QYR- 18713644

Publishing Date : 09-Jul-2021

No. of pages : 149

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  • Tungsten is very stable element, as pure metal, tungsten has not only the highest melting point of all metals (3,422 °C) and the lowest degree of thermal expansion, but it is also very dense (19.3 g/cm³), has a high degree of mechanical strength and rigidity and very low vapor pressure. Meanwhile, it has excellent corrosion resistance, thermal conductivity and electric conductivity.
    The major players in global Tungsten Carbide market include Sandvik, Xiamen Tungsten, China Minmetals Corporation, etc. The top 3 players occupy about 34% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 75% of the global market. Grain Sizes 1-10 µm is the main type, with a share about 45%. Machine Tools & Components is the main application, which holds a share about 30%.

    Market Analysis and Insights: Global Tungsten Carbide Market
    In 2020, the global Tungsten Carbide market size was US$ 1775 million and it is expected to reach US$ 2361.6 million by the end of 2027, with a CAGR of 4.2% between 2021 and 2027
    Global Tungsten Carbide Scope and Market Size
    The global Tungsten Carbide market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Tungsten Carbide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

    Segment by Type
    Grain Sizes Up to 1 µm
    Grain Sizes 1-10 µm
    Grain Sizes Above 10 µm
    Others

    Segment by Application
    Machine Tools and Components
    Cutting Tools
    Dies and Punches
    Others

    By Company
    Sandvik
    Xiamen Tungsten
    China Minmetals Corporation
    Element Six
    Jiangxi Yaosheng
    GuangDong XiangLu Tungsten
    Chongyi Zhangyyuan Tungsten
    Plansee (GTP)
    JXTC
    Japan New Metals
    AST (India)
    Kohsei Co Ltd
    ALMT Corp
    Kennametal
    H.C.Starck
    TaeguTec Ltd
    Wolfram Company JSC (Russia)
    Buffalo Tungsten
    Eurotungstene
    Lineage Alloys

    By Region
    North America
    United States
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    Southeast Asia
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Latin America
    Mexico
    Brazil
    Colombia
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    UAE


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    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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    • By End User/Applications
    • By Technology
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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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