Tungsten Carbide Market Applications, Future Trends, Recent Demand, Growth Analysis, Insights, Outlook

Market Size – USD 18.25 Billion in 2019, Market Growth – CAGR of 5.4%, Market Trends – Adoption of tungsten carbide in the jewelry manufacturing industry

The global Tungsten Carbide Market will be worth USD 27.70 billion by 2027, according to a current analysis by Emergen Research. The rising demand for industrial machineries across various industries, like aerospace and defense, industrial engineering, transportation, and mining and construction, among others is expected to fuel the demand for tungsten carbide powder in the future. Additionally, with the growing emergence for metals, the requirement to raise their reserve base throughout multiple economies has made the major competitors to increase the expenditure regarding mining related and metal activities.

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Research Methodology

  • Data triangulation and market breakdown
  • Research assumptions Research data including primary and secondary data
  • Primary data includes breakdown of primaries and key industry insights
  • Secondary data includes key data from secondary sources

The market offers key insights into the historical and current data with regards to market size and volume, by evaluating the key companies, major geographies, product types, application, consumer base, and manufacturing and production pricing.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

Sandvik AB, Ceratizit S.A., Nanchang Cemented Carbide Co., Ltd., China Tungsten Online, Kennametal Inc., Eurotungstene and Jiangxi Yaosheng Tungsten Co., Ltd. among others.

The Tungsten Carbide market offers a detailed analysis of the product portfolio, key trends, applications, and a thorough value chain analysis. The report provides an in-depth analysis of the product types and applications of the Tungsten Carbide industry.

  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Cemented Carbide
    • Coatings
    • Alloys
    • Others
  • End User Outlook (Revenue, USD Billion; 2017-2027)
    • Aerospace and Defense
    • Automotive
    • Mining and Construction
    • Electronics
    • Others

Scope of the Report:

The study provides a detailed analysis of the Tungsten Carbide market on a global as well regional scale and covers the assessment of the key geographies of the world with regards to the market size, market volume, revenue generation, production and consumption patterns, import/export, and supply and demand ratio. The leading geographies studied in the report include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The regional analysis segment of the report includes the functioning of the key players in each region, regions, product type, end-users, and applications.

Furthermore, the report further segments the Tungsten Carbide market on the basis of key regions and countries. The report covers the market share, market size, revenue contribution, and overall growth trends in the specific key geographies of the world. The regional analysis includes regions and countries such as:

Major Regions Covered in the Tungsten Carbide Market Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Key Features of the Report:

  • Offers a comprehensive overview of the Tungsten Carbide market along with product portfolio and supply chain assessment
  • Complete analysis of the competitive landscape including expansion strategies, product portfolio, production capacity, and strategic initiatives
  • Growth prospects of the Tungsten Carbide market for the forecast period of 2020-2027
  • Extensive analysis of market drivers, constraints, suppliers and distributors, limitations, opportunities, marketing and production, and other key segments
  • SWOT analysis and Porter’s Five Forces analysis offer accurate insights
  • Complete coverage of key technological developments, market trends, and product developments

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Tungsten Carbide Market Segmentation & Impact Analysis

    4.1. Tungsten Carbide Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

           Growing number of application areas of tungsten carbide across multiple industries

           Recyclable and reusable property of tungsten carbide

          4.2.3. Market restraints analysis

           Toxicity issues of tungsten if not handled property

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Tungsten Carbide Market By Application Insights & Trends, Revenue (USD Million)

    5.1. Application Dynamics & Market Share, 2019 & 2027

          5.1.1. Cemented Carbide

          5.1.2. Coatings

          5.1.3. Alloys

          5.1.4. Others

Chapter 6. Tungsten Carbide Market By End User Insights & Trends, Revenue (USD Million)

    6.1. End User Dynamics & Market Share, 2019 & 2027

          6.1.1. Aerospace and Defense

          6.1.2. Automotive

          6.1.3. Mining and Construction

          6.1.4. Electronics

          6.1.5. Others

Chapter 7. Tungsten Carbide Market Regional Outlook


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