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Synopsis
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/cm³), 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.
The global Tungsten Carbide market was valued at US$ 1845 million in 2023 and is anticipated to reach US$ 2469.2 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
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 µm is the main type, with a share about 45%. Machine Tools & Components is the main application, which holds a share about 30%.
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.
Report Scope
The Tungsten Carbide market size, estimations, and forecasts are provided in terms of output/shipments (MT) and 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 Carbide 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 Carbide manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
- 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
Segment by Type
- Grain Sizes Up to 1 µm
- Grain Sizes 1-10 µm
- Grain Sizes Above 10 µm
- Others
Segment by Application
- Machine Tools and Components
- Cutting Tools
- Dies and Punches
- Others
Production by Region
- North America
- Europe
- China
- Japan
- South Korea
- India
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, 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: Detailed analysis of Tungsten Carbide manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tungsten Carbide by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index
1 Tungsten Carbide Market Overview
1.1 Product Definition
1.2 Tungsten Carbide Segment by Type
1.2.1 Global Tungsten Carbide Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Grain Sizes Up to 1 µm
1.2.3 Grain Sizes 1-10 µm
1.2.4 Grain Sizes Above 10 µm
1.2.5 Others
1.3 Tungsten Carbide Segment by Application
1.3.1 Global Tungsten Carbide Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Machine Tools and Components
1.3.3 Cutting Tools
1.3.4 Dies and Punches
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Tungsten Carbide Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Tungsten Carbide Production Estimates and Forecasts (2019-2030)
1.4.4 Global Tungsten Carbide Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Tungsten Carbide Production Market Share by Manufacturers (2019-2024)
2.2 Global Tungsten Carbide Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Tungsten Carbide, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Tungsten Carbide Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Tungsten Carbide Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Tungsten Carbide, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Tungsten Carbide, Product Offered and Application
2.8 Global Key Manufacturers of Tungsten Carbide, Date of Enter into This Industry
2.9 Tungsten Carbide Market Competitive Situation and Trends
2.9.1 Tungsten Carbide Market Concentration Rate
2.9.2 Global 5 and 10 Largest Tungsten Carbide Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Tungsten Carbide Production by Region
3.1 Global Tungsten Carbide Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Tungsten Carbide Production Value by Region (2019-2030)
3.2.1 Global Tungsten Carbide Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Tungsten Carbide by Region (2025-2030)
3.3 Global Tungsten Carbide Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Tungsten Carbide Production by Region (2019-2030)
3.4.1 Global Tungsten Carbide Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Tungsten Carbide by Region (2025-2030)
3.5 Global Tungsten Carbide Market Price Analysis by Region (2019-2024)
3.6 Global Tungsten Carbide Production and Value, Year-over-Year Growth
3.6.1 North America Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
4 Tungsten Carbide Consumption by Region
4.1 Global Tungsten Carbide Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Tungsten Carbide Consumption by Region (2019-2030)
4.2.1 Global Tungsten Carbide Consumption by Region (2019-2024)
4.2.2 Global Tungsten Carbide Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Tungsten Carbide Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Tungsten Carbide Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Tungsten Carbide Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Tungsten Carbide Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Tungsten Carbide Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Tungsten Carbide Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Tungsten Carbide Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Tungsten Carbide Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Tungsten Carbide Production by Type (2019-2030)
5.1.1 Global Tungsten Carbide Production by Type (2019-2024)
5.1.2 Global Tungsten Carbide Production by Type (2025-2030)
5.1.3 Global Tungsten Carbide Production Market Share by Type (2019-2030)
5.2 Global Tungsten Carbide Production Value by Type (2019-2030)
5.2.1 Global Tungsten Carbide Production Value by Type (2019-2024)
5.2.2 Global Tungsten Carbide Production Value by Type (2025-2030)
5.2.3 Global Tungsten Carbide Production Value Market Share by Type (2019-2030)
5.3 Global Tungsten Carbide Price by Type (2019-2030)
6 Segment by Application
6.1 Global Tungsten Carbide Production by Application (2019-2030)
6.1.1 Global Tungsten Carbide Production by Application (2019-2024)
6.1.2 Global Tungsten Carbide Production by Application (2025-2030)
6.1.3 Global Tungsten Carbide Production Market Share by Application (2019-2030)
6.2 Global Tungsten Carbide Production Value by Application (2019-2030)
6.2.1 Global Tungsten Carbide Production Value by Application (2019-2024)
6.2.2 Global Tungsten Carbide Production Value by Application (2025-2030)
6.2.3 Global Tungsten Carbide Production Value Market Share by Application (2019-2030)
6.3 Global Tungsten Carbide Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik Tungsten Carbide Corporation Information
7.1.2 Sandvik Tungsten Carbide Product Portfolio
7.1.3 Sandvik Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 Xiamen Tungsten
7.2.1 Xiamen Tungsten Tungsten Carbide Corporation Information
7.2.2 Xiamen Tungsten Tungsten Carbide Product Portfolio
7.2.3 Xiamen Tungsten Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Xiamen Tungsten Main Business and Markets Served
7.2.5 Xiamen Tungsten Recent Developments/Updates
7.3 China Minmetals Corporation
7.3.1 China Minmetals Corporation Tungsten Carbide Corporation Information
7.3.2 China Minmetals Corporation Tungsten Carbide Product Portfolio
7.3.3 China Minmetals Corporation Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.3.4 China Minmetals Corporation Main Business and Markets Served
7.3.5 China Minmetals Corporation Recent Developments/Updates
7.4 Element Six
7.4.1 Element Six Tungsten Carbide Corporation Information
7.4.2 Element Six Tungsten Carbide Product Portfolio
7.4.3 Element Six Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Element Six Main Business and Markets Served
7.4.5 Element Six Recent Developments/Updates
7.5 Jiangxi Yaosheng
7.5.1 Jiangxi Yaosheng Tungsten Carbide Corporation Information
7.5.2 Jiangxi Yaosheng Tungsten Carbide Product Portfolio
7.5.3 Jiangxi Yaosheng Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Jiangxi Yaosheng Main Business and Markets Served
7.5.5 Jiangxi Yaosheng Recent Developments/Updates
7.6 GuangDong XiangLu Tungsten
7.6.1 GuangDong XiangLu Tungsten Tungsten Carbide Corporation Information
7.6.2 GuangDong XiangLu Tungsten Tungsten Carbide Product Portfolio
7.6.3 GuangDong XiangLu Tungsten Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.6.4 GuangDong XiangLu Tungsten Main Business and Markets Served
7.6.5 GuangDong XiangLu Tungsten Recent Developments/Updates
7.7 Chongyi Zhangyyuan Tungsten
7.7.1 Chongyi Zhangyyuan Tungsten Tungsten Carbide Corporation Information
7.7.2 Chongyi Zhangyyuan Tungsten Tungsten Carbide Product Portfolio
7.7.3 Chongyi Zhangyyuan Tungsten Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Chongyi Zhangyyuan Tungsten Main Business and Markets Served
7.7.5 Chongyi Zhangyyuan Tungsten Recent Developments/Updates
7.8 Plansee (GTP)
7.8.1 Plansee (GTP) Tungsten Carbide Corporation Information
7.8.2 Plansee (GTP) Tungsten Carbide Product Portfolio
7.8.3 Plansee (GTP) Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Plansee (GTP) Main Business and Markets Served
7.7.5 Plansee (GTP) Recent Developments/Updates
7.9 JXTC
7.9.1 JXTC Tungsten Carbide Corporation Information
7.9.2 JXTC Tungsten Carbide Product Portfolio
7.9.3 JXTC Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.9.4 JXTC Main Business and Markets Served
7.9.5 JXTC Recent Developments/Updates
7.10 Japan New Metals
7.10.1 Japan New Metals Tungsten Carbide Corporation Information
7.10.2 Japan New Metals Tungsten Carbide Product Portfolio
7.10.3 Japan New Metals Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Japan New Metals Main Business and Markets Served
7.10.5 Japan New Metals Recent Developments/Updates
7.11 AST (India)
7.11.1 AST (India) Tungsten Carbide Corporation Information
7.11.2 AST (India) Tungsten Carbide Product Portfolio
7.11.3 AST (India) Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.11.4 AST (India) Main Business and Markets Served
7.11.5 AST (India) Recent Developments/Updates
7.12 Kohsei Co Ltd
7.12.1 Kohsei Co Ltd Tungsten Carbide Corporation Information
7.12.2 Kohsei Co Ltd Tungsten Carbide Product Portfolio
7.12.3 Kohsei Co Ltd Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Kohsei Co Ltd Main Business and Markets Served
7.12.5 Kohsei Co Ltd Recent Developments/Updates
7.13 ALMT Corp
7.13.1 ALMT Corp Tungsten Carbide Corporation Information
7.13.2 ALMT Corp Tungsten Carbide Product Portfolio
7.13.3 ALMT Corp Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.13.4 ALMT Corp Main Business and Markets Served
7.13.5 ALMT Corp Recent Developments/Updates
7.14 Kennametal
7.14.1 Kennametal Tungsten Carbide Corporation Information
7.14.2 Kennametal Tungsten Carbide Product Portfolio
7.14.3 Kennametal Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Kennametal Main Business and Markets Served
7.14.5 Kennametal Recent Developments/Updates
7.15 H.C.Starck
7.15.1 H.C.Starck Tungsten Carbide Corporation Information
7.15.2 H.C.Starck Tungsten Carbide Product Portfolio
7.15.3 H.C.Starck Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.15.4 H.C.Starck Main Business and Markets Served
7.15.5 H.C.Starck Recent Developments/Updates
7.16 TaeguTec Ltd
7.16.1 TaeguTec Ltd Tungsten Carbide Corporation Information
7.16.2 TaeguTec Ltd Tungsten Carbide Product Portfolio
7.16.3 TaeguTec Ltd Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.16.4 TaeguTec Ltd Main Business and Markets Served
7.16.5 TaeguTec Ltd Recent Developments/Updates
7.17 Wolfram Company JSC (Russia)
7.17.1 Wolfram Company JSC (Russia) Tungsten Carbide Corporation Information
7.17.2 Wolfram Company JSC (Russia) Tungsten Carbide Product Portfolio
7.17.3 Wolfram Company JSC (Russia) Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Wolfram Company JSC (Russia) Main Business and Markets Served
7.17.5 Wolfram Company JSC (Russia) Recent Developments/Updates
7.18 Buffalo Tungsten
7.18.1 Buffalo Tungsten Tungsten Carbide Corporation Information
7.18.2 Buffalo Tungsten Tungsten Carbide Product Portfolio
7.18.3 Buffalo Tungsten Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Buffalo Tungsten Main Business and Markets Served
7.18.5 Buffalo Tungsten Recent Developments/Updates
7.19 Eurotungstene
7.19.1 Eurotungstene Tungsten Carbide Corporation Information
7.19.2 Eurotungstene Tungsten Carbide Product Portfolio
7.19.3 Eurotungstene Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Eurotungstene Main Business and Markets Served
7.19.5 Eurotungstene Recent Developments/Updates
7.20 Lineage Alloys
7.20.1 Lineage Alloys Tungsten Carbide Corporation Information
7.20.2 Lineage Alloys Tungsten Carbide Product Portfolio
7.20.3 Lineage Alloys Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Lineage Alloys Main Business and Markets Served
7.20.5 Lineage Alloys Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Tungsten Carbide Industry Chain Analysis
8.2 Tungsten Carbide Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Tungsten Carbide Production Mode & Process
8.4 Tungsten Carbide Sales and Marketing
8.4.1 Tungsten Carbide Sales Channels
8.4.2 Tungsten Carbide Distributors
8.5 Tungsten Carbide Customers
9 Tungsten Carbide Market Dynamics
9.1 Tungsten Carbide Industry Trends
9.2 Tungsten Carbide Market Drivers
9.3 Tungsten Carbide Market Challenges
9.4 Tungsten Carbide Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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