Report overview
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/cm?), 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.
This report aims to provide a comprehensive presentation of the global market for Tungsten Carbide, 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 Tungsten Carbide. This report contains market size and forecasts of Tungsten Carbide in global, including the following market information:
Global Tungsten Carbide Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Tungsten Carbide Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Tungsten Carbide companies in 2022 (%)
The global Tungsten Carbide market was valued at US$ 1898.4 million in 2022 and is projected to reach US$ 2501.4 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 ?m is the main type, with a share about 45%. Machine Tools & Components is the main application, which holds a share about 30%.
We surveyed the Tungsten Carbide 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:
Global Tungsten Carbide Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Tungsten Carbide Market Segment Percentages, by Type, 2022 (%)
Grain Sizes Up to 1 ?m
Grain Sizes 1-10 ?m
Grain Sizes Above 10 ?m
Others
Global Tungsten Carbide Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Tungsten Carbide Market Segment Percentages, by Application, 2022 (%)
Machine Tools and Components
Cutting Tools
Dies and Punches
Others
Global Tungsten Carbide Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Tungsten Carbide Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tungsten Carbide revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Tungsten Carbide revenues share in global market, 2022 (%)
Key companies Tungsten Carbide sales in global market, 2018-2023 (Estimated), (MT)
Key companies Tungsten Carbide sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tungsten Carbide, market overview.
Chapter 2: Global Tungsten Carbide market size in revenue and volume.
Chapter 3: Detailed analysis of Tungsten Carbide manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Tungsten Carbide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tungsten Carbide capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
