Tungsten carbide is a highly dense material constituting of tungsten and carbon as their constituent materials. They exhibit significant properties like extreme hardness, toughness, wear & abrasion resistance, pressure resistance, and many more.Ê
Scope of the Report:This report focuses on the Tungsten Carbide in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The increasing demand from the mining and construction industries is one of the primary growth factors for this market. The growing mining and construction industries in developing countries, especially in China, India, Malaysia, and Japan and the increasing urbanization will boost the demand for theÊconstructionÊof residential and commercial buildings during the forecast period. This is estimated to drive the growth prospects of this global market since tungsten carbide is highly used by these industries due to its high toughness, strength, and durability to withstand harsh conditions.
The emerging applications of tungsten carbide is estimated to be one of the major trends that will gain traction in the tungsten carbide market in the coming years. in addition to its applications inÊmachine tools,Êcutting tools, dies, punches, and abrasives, tungsten carbide also shows rich prospects in new emerging applications such as a reforming catalyst for the conversion of natural gas to hydrogen gas which is used in hydrogen-powered engines and fuel cells.
The worldwide market for Tungsten Carbide is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Xiamen Tungsten
China Minmetals Corporation
GuangDong XiangLu Tungsten
DMEGC
Buffalo Tungsten
Eurotungstene
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Tungsten Carbide Cobalt Class
Titanium Cobalt Tungsten Carbide
Titanium Tungsten Tantalum Carbide
Market Segment by Applications, can be divided into Tool
Milling Cutter
Boring Cutter
Lathe
Bit
Others
There are 15 Chapters to deeply display the global Tungsten Carbide market.
Chapter 1, to describe Tungsten Carbide Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Tungsten Carbide, with sales, revenue, and price of Tungsten Carbide, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Tungsten Carbide, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Tungsten Carbide market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Tungsten Carbide sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
