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| Market size in 2024 | US$ 312.8 million |
Forecast Market size by 2030 | US$ 426.3 million |
|---|---|---|---|
| Growth Rate | CAGR of 5.3% | Number of Pages | 205 Pages |
The Asia Pacific Ultrafine Tungsten Wire market size was valued at US$ 312.8 million in 2024 and is projected to reach US$ 426.3 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Ultrafine tungsten wire is a high-purity, extremely thin wire made from tungsten, used in various applications including electronics, lighting, medical devices, and aerospace due to its high melting point and excellent electrical conductivity.
The Asia Pacific ultrafine tungsten wire market is growing steadily, driven by demand from the electronics and semiconductor industries. China dominates with a 55% market share, followed by Japan at 25% and South Korea at 15%. In 2023, the electronics industry consumed 50% of total production, with lighting applications at 25% and medical devices at 15%. The market experienced a 10% growth in demand from the semiconductor industry for use in advanced packaging techniques. Key players include Nippon Tungsten Co., Ltd. (Japan) and Luma Metall AB (Sweden), collectively holding a 45% market share in the region. The industry is investing in advanced drawing technologies, with a 15% increase in R&D spending on producing sub-micron diameter wires in 2023. Challenges include high production costs and competition from alternative materials, leading to an 8% focus on improving manufacturing efficiency and exploring new applications. The trend towards miniaturization in electronics has driven a 12% increase in demand for ultrafine tungsten wires in microelectromechanical systems (MEMS). The market is benefiting from the growth of the LED industry, with a 20% rise in ultrafine tungsten wire use for LED filaments in China and Taiwan.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Ultrafine Tungsten Wire. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Ultrafine Tungsten Wire, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Ultrafine Tungsten Wire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ultrafine Tungsten Wire. This report contains market size and forecasts of Ultrafine Tungsten Wire in Asia Pacific, including the following market information:
We surveyed the Ultrafine Tungsten Wire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Less than 10um
• 10um-100um
• Higher than 100um
• Others
• Medical
• Stents
• Guide Wire
• Electrosurgery
• Others
• Xiamen Tungsten Co., Ltd
• China Minmetals Corporation
• GuangDong XiangLu Tungsten Co., Ltd.
• H.C. Starck GmbH (Taicang)
• Jiangxi Yaosheng Tungsten Co., Ltd.
• Japan New Metal Co., Ltd.
• Nippon Tungsten Co., Ltd.
• Plansee Group
• Fujian Yuanli Active Carbon Co., Ltd.
• Shanghai Shenjia Ferroalloys Co. Ltd.
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Ultrafine Tungsten Wire revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Ultrafine Tungsten Wire revenues share in Asia Pacific market, 2023 (%)
• Key companies Ultrafine Tungsten Wire sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Ultrafine Tungsten Wire sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Ultrafine Tungsten Wire
• It describes present situation, historical background and future forecast
• Comprehensive data showing Ultrafine Tungsten Wire capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Ultrafine Tungsten Wire manufacturers
• Ultrafine Tungsten Wire forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
| Report Attributes | Report Details |
|---|---|
| Report Title | Asia Pacific Ultrafine Tungsten Wire Market Research Report 2024-2030 |
| Market size in 2024 | US$ 312.8 million |
| Forecast Market size by 2030 | US$ 426.3 million |
| Growth Rate | CAGR of 5.3% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 205 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
1.1 Product Overview and Scope of Ultrafine Tungsten Wire
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Less than 10um
1.2.3 10um-100um
1.2.4 Higher than 100um
1.2.5 Others
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Medical
1.3.3 Stents
1.3.4 Guide Wire
1.3.5 Electrosurgery
1.3.6 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Xiamen Tungsten Co., Ltd
8.1.1 Xiamen Tungsten Co., Ltd Corporation Information
8.1.2 Xiamen Tungsten Co., Ltd Product Portfolio
8.1.3 Xiamen Tungsten Co., Ltd Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Xiamen Tungsten Co., Ltd Main Business and Markets Served
8.1.5 Xiamen Tungsten Co., Ltd Recent Developments/Updates
8.2 China Minmetals Corporation
8.2.1 China Minmetals Corporation Corporation Information
8.2.2 China Minmetals Corporation Product Portfolio
8.2.3 China Minmetals Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 China Minmetals Corporation Main Business and Markets Served
8.2.5 China Minmetals Corporation Recent Developments/Updates
8.3 GuangDong XiangLu Tungsten Co., Ltd.
8.3.1 GuangDong XiangLu Tungsten Co., Ltd. Corporation Information
8.3.2 GuangDong XiangLu Tungsten Co., Ltd. Product Portfolio
8.3.3 GuangDong XiangLu Tungsten Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 GuangDong XiangLu Tungsten Co., Ltd. Main Business and Markets Served
8.3.5 GuangDong XiangLu Tungsten Co., Ltd. Recent Developments/Updates
8.4 H.C. Starck GmbH (Taicang)
8.4.1 H.C. Starck GmbH (Taicang) Corporation Information
8.4.2 H.C. Starck GmbH (Taicang) Product Portfolio
8.4.3 H.C. Starck GmbH (Taicang) Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 H.C. Starck GmbH (Taicang) Main Business and Markets Served
8.4.5 H.C. Starck GmbH (Taicang) Recent Developments/Updates
8.5 Jiangxi Yaosheng Tungsten Co., Ltd.
8.5.1 Jiangxi Yaosheng Tungsten Co., Ltd. Corporation Information
8.5.2 Jiangxi Yaosheng Tungsten Co., Ltd. Product Portfolio
8.5.3 Jiangxi Yaosheng Tungsten Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Jiangxi Yaosheng Tungsten Co., Ltd. Main Business and Markets Served
8.5.5 Jiangxi Yaosheng Tungsten Co., Ltd. Recent Developments/Updates
8.6 Japan New Metal Co., Ltd.
8.6.1 Japan New Metal Co., Ltd. Corporation Information
8.6.2 Japan New Metal Co., Ltd. Product Portfolio
8.6.3 Japan New Metal Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Japan New Metal Co., Ltd. Main Business and Markets Served
8.6.5 Japan New Metal Co., Ltd. Recent Developments/Updates
8.7 Nippon Tungsten Co., Ltd.
8.7.1 Nippon Tungsten Co., Ltd. Corporation Information
8.7.2 Nippon Tungsten Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Nippon Tungsten Co., Ltd. Main Business and Markets Served
8.7.4 Nippon Tungsten Co., Ltd. Recent Developments/Updates
8.8 Plansee Group
8.8.1 Plansee Group Corporation Information
8.8.2 Plansee Group Product Portfolio
8.8.3 Plansee Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Plansee Group Main Business and Markets Served
8.8.5 Plansee Group Recent Developments/Updates
8.9 Fujian Yuanli Active Carbon Co., Ltd.
8.9.1 Fujian Yuanli Active Carbon Co., Ltd. Corporation Information
8.9.2 Fujian Yuanli Active Carbon Co., Ltd. Product Portfolio
8.9.3 Fujian Yuanli Active Carbon Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Fujian Yuanli Active Carbon Co., Ltd. Main Business and Markets Served
8.9.5 Fujian Yuanli Active Carbon Co., Ltd. Recent Developments/Updates
8.10 Shanghai Shenjia Ferroalloys Co. Ltd.
8.10.1 Shanghai Shenjia Ferroalloys Co. Ltd. Corporation Information
8.10.2 Shanghai Shenjia Ferroalloys Co. Ltd. Product Portfolio
8.10.3 Shanghai Shenjia Ferroalloys Co. Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Shanghai Shenjia Ferroalloys Co. Ltd. Main Business and Markets Served
8.10.5 Shanghai Shenjia Ferroalloys Co. Ltd. Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Ultrafine Tungsten Wire
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
