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Global Tungsten-based Materials Recycling Market Research Report 2025
Synopsis
Tungsten-based materials recycling refers to the process of collecting, sorting, and reusing or reprocessing materials that contain tungsten. Tungsten is a rare and valuable metal known for its high melting point, hardness, and resistance to wear and corrosion. It is commonly used in various industries, such as manufacturing, electronics, mining, and aerospace.
The global Tungsten-based Materials Recycling market was valued at US$ 843.9 million in 2023 and is anticipated to reach US$ 1359.9 million by 2030, witnessing a CAGR of 7.1% during the forecast period 2024-2030.
The key players of Tungsten-based Materials Recycling include GEM, Masan High-Tech Materials and Sandvik Group, etc. The top three players hold a share over 27%. Asia-Pacific is the largest market, has a share about 51%. In terms of product type, Direct Recycling is the largest segment, occupied for a share of about 77%, and for application ,and in terms of application, Cemented Carbide and Alloys has a share about 50%.
This report aims to provide a comprehensive presentation of the global market for Tungsten-based Materials Recycling, 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-based Materials Recycling.
Report Scope
The Tungsten-based Materials Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tungsten-based Materials Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tungsten-based Materials Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GEM
Masan High-Tech Materials
Sandvik Group
Oerlikon
Xiamen Tungsten Co., Ltd.
Chiho Environmental Group
Sumitomo Electric Group
Tungco
Global Tungsten & Powders
Cronimet Specialty Metals
Umicore
Tungsten Alloy
Hyperion
Globe Metal
Segment by Type
Direct Recycling
Indirect Recycling
Segment by Application
Cemented Carbide and Alloys
Electronics and Electrical Industries
Chemical
Automotive
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Tungsten-based Materials Recycling companies’ competitive landscape, 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Tungsten-based materials recycling refers to the process of collecting, sorting, and reusing or reprocessing materials that contain tungsten. Tungsten is a rare and valuable metal known for its high melting point, hardness, and resistance to wear and corrosion. It is commonly used in various industries, such as manufacturing, electronics, mining, and aerospace.
The global Tungsten-based Materials Recycling market was valued at US$ 843.9 million in 2023 and is anticipated to reach US$ 1359.9 million by 2030, witnessing a CAGR of 7.1% during the forecast period 2024-2030.
The key players of Tungsten-based Materials Recycling include GEM, Masan High-Tech Materials and Sandvik Group, etc. The top three players hold a share over 27%. Asia-Pacific is the largest market, has a share about 51%. In terms of product type, Direct Recycling is the largest segment, occupied for a share of about 77%, and for application ,and in terms of application, Cemented Carbide and Alloys has a share about 50%.
This report aims to provide a comprehensive presentation of the global market for Tungsten-based Materials Recycling, 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-based Materials Recycling.
Report Scope
The Tungsten-based Materials Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tungsten-based Materials Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tungsten-based Materials Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GEM
Masan High-Tech Materials
Sandvik Group
Oerlikon
Xiamen Tungsten Co., Ltd.
Chiho Environmental Group
Sumitomo Electric Group
Tungco
Global Tungsten & Powders
Cronimet Specialty Metals
Umicore
Tungsten Alloy
Hyperion
Globe Metal
Segment by Type
Direct Recycling
Indirect Recycling
Segment by Application
Cemented Carbide and Alloys
Electronics and Electrical Industries
Chemical
Automotive
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Tungsten-based Materials Recycling companies’ competitive landscape, 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Tungsten-based Materials Recycling Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Direct Recycling
1.2.3 Indirect Recycling
1.3 Market by Application
1.3.1 Global Tungsten-based Materials Recycling Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Cemented Carbide and Alloys
1.3.3 Electronics and Electrical Industries
1.3.4 Chemical
1.3.5 Automotive
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Tungsten-based Materials Recycling Market Perspective (2019-2030)
2.2 Tungsten-based Materials Recycling Growth Trends by Region
2.2.1 Global Tungsten-based Materials Recycling Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Tungsten-based Materials Recycling Historic Market Size by Region (2019-2024)
2.2.3 Tungsten-based Materials Recycling Forecasted Market Size by Region (2025-2030)
2.3 Tungsten-based Materials Recycling Market Dynamics
2.3.1 Tungsten-based Materials Recycling Industry Trends
2.3.2 Tungsten-based Materials Recycling Market Drivers
2.3.3 Tungsten-based Materials Recycling Market Challenges
2.3.4 Tungsten-based Materials Recycling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Tungsten-based Materials Recycling Players by Revenue
3.1.1 Global Top Tungsten-based Materials Recycling Players by Revenue (2019-2024)
3.1.2 Global Tungsten-based Materials Recycling Revenue Market Share by Players (2019-2024)
3.2 Global Tungsten-based Materials Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Tungsten-based Materials Recycling Revenue
3.4 Global Tungsten-based Materials Recycling Market Concentration Ratio
3.4.1 Global Tungsten-based Materials Recycling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Tungsten-based Materials Recycling Revenue in 2023
3.5 Tungsten-based Materials Recycling Key Players Head office and Area Served
3.6 Key Players Tungsten-based Materials Recycling Product Solution and Service
3.7 Date of Enter into Tungsten-based Materials Recycling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Tungsten-based Materials Recycling Breakdown Data by Type
4.1 Global Tungsten-based Materials Recycling Historic Market Size by Type (2019-2024)
4.2 Global Tungsten-based Materials Recycling Forecasted Market Size by Type (2025-2030)
5 Tungsten-based Materials Recycling Breakdown Data by Application
5.1 Global Tungsten-based Materials Recycling Historic Market Size by Application (2019-2024)
5.2 Global Tungsten-based Materials Recycling Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Tungsten-based Materials Recycling Market Size (2019-2030)
6.2 North America Tungsten-based Materials Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Tungsten-based Materials Recycling Market Size by Country (2019-2024)
6.4 North America Tungsten-based Materials Recycling Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Tungsten-based Materials Recycling Market Size (2019-2030)
7.2 Europe Tungsten-based Materials Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Tungsten-based Materials Recycling Market Size by Country (2019-2024)
7.4 Europe Tungsten-based Materials Recycling Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Tungsten-based Materials Recycling Market Size (2019-2030)
8.2 Asia-Pacific Tungsten-based Materials Recycling Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Tungsten-based Materials Recycling Market Size by Region (2019-2024)
8.4 Asia-Pacific Tungsten-based Materials Recycling Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Tungsten-based Materials Recycling Market Size (2019-2030)
9.2 Latin America Tungsten-based Materials Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Tungsten-based Materials Recycling Market Size by Country (2019-2024)
9.4 Latin America Tungsten-based Materials Recycling Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Tungsten-based Materials Recycling Market Size (2019-2030)
10.2 Middle East & Africa Tungsten-based Materials Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Tungsten-based Materials Recycling Market Size by Country (2019-2024)
10.4 Middle East & Africa Tungsten-based Materials Recycling Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GEM
11.1.1 GEM Company Detail
11.1.2 GEM Business Overview
11.1.3 GEM Tungsten-based Materials Recycling Introduction
11.1.4 GEM Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.1.5 GEM Recent Development
11.2 Masan High-Tech Materials
11.2.1 Masan High-Tech Materials Company Detail
11.2.2 Masan High-Tech Materials Business Overview
11.2.3 Masan High-Tech Materials Tungsten-based Materials Recycling Introduction
11.2.4 Masan High-Tech Materials Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.2.5 Masan High-Tech Materials Recent Development
11.3 Sandvik Group
11.3.1 Sandvik Group Company Detail
11.3.2 Sandvik Group Business Overview
11.3.3 Sandvik Group Tungsten-based Materials Recycling Introduction
11.3.4 Sandvik Group Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.3.5 Sandvik Group Recent Development
11.4 Oerlikon
11.4.1 Oerlikon Company Detail
11.4.2 Oerlikon Business Overview
11.4.3 Oerlikon Tungsten-based Materials Recycling Introduction
11.4.4 Oerlikon Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.4.5 Oerlikon Recent Development
11.5 Xiamen Tungsten Co., Ltd.
11.5.1 Xiamen Tungsten Co., Ltd. Company Detail
11.5.2 Xiamen Tungsten Co., Ltd. Business Overview
11.5.3 Xiamen Tungsten Co., Ltd. Tungsten-based Materials Recycling Introduction
11.5.4 Xiamen Tungsten Co., Ltd. Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.5.5 Xiamen Tungsten Co., Ltd. Recent Development
11.6 Chiho Environmental Group
11.6.1 Chiho Environmental Group Company Detail
11.6.2 Chiho Environmental Group Business Overview
11.6.3 Chiho Environmental Group Tungsten-based Materials Recycling Introduction
11.6.4 Chiho Environmental Group Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.6.5 Chiho Environmental Group Recent Development
11.7 Sumitomo Electric Group
11.7.1 Sumitomo Electric Group Company Detail
11.7.2 Sumitomo Electric Group Business Overview
11.7.3 Sumitomo Electric Group Tungsten-based Materials Recycling Introduction
11.7.4 Sumitomo Electric Group Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.7.5 Sumitomo Electric Group Recent Development
11.8 Tungco
11.8.1 Tungco Company Detail
11.8.2 Tungco Business Overview
11.8.3 Tungco Tungsten-based Materials Recycling Introduction
11.8.4 Tungco Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.8.5 Tungco Recent Development
11.9 Global Tungsten & Powders
11.9.1 Global Tungsten & Powders Company Detail
11.9.2 Global Tungsten & Powders Business Overview
11.9.3 Global Tungsten & Powders Tungsten-based Materials Recycling Introduction
11.9.4 Global Tungsten & Powders Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.9.5 Global Tungsten & Powders Recent Development
11.10 Cronimet Specialty Metals
11.10.1 Cronimet Specialty Metals Company Detail
11.10.2 Cronimet Specialty Metals Business Overview
11.10.3 Cronimet Specialty Metals Tungsten-based Materials Recycling Introduction
11.10.4 Cronimet Specialty Metals Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.10.5 Cronimet Specialty Metals Recent Development
11.11 Umicore
11.11.1 Umicore Company Detail
11.11.2 Umicore Business Overview
11.11.3 Umicore Tungsten-based Materials Recycling Introduction
11.11.4 Umicore Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.11.5 Umicore Recent Development
11.12 Tungsten Alloy
11.12.1 Tungsten Alloy Company Detail
11.12.2 Tungsten Alloy Business Overview
11.12.3 Tungsten Alloy Tungsten-based Materials Recycling Introduction
11.12.4 Tungsten Alloy Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.12.5 Tungsten Alloy Recent Development
11.13 Hyperion
11.13.1 Hyperion Company Detail
11.13.2 Hyperion Business Overview
11.13.3 Hyperion Tungsten-based Materials Recycling Introduction
11.13.4 Hyperion Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.13.5 Hyperion Recent Development
11.14 Globe Metal
11.14.1 Globe Metal Company Detail
11.14.2 Globe Metal Business Overview
11.14.3 Globe Metal Tungsten-based Materials Recycling Introduction
11.14.4 Globe Metal Revenue in Tungsten-based Materials Recycling Business (2019-2024)
11.14.5 Globe Metal Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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