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Tungsten Carbide Powder (WC)-Global Market Insights and Sales Trends 2025

Tungsten Carbide Powder (WC)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1825581

No of Pages : 120

Synopsis
Tungsten carbide is a made up of chemically bonded tungsten and carbide. Its superior hardness enables it to replace steel and other metal alloys in a variety of applications. Colloquially, tungsten carbide is often simply called carbide. In its most basic form, it is a fine gray powder, but it can be pressed and formed into shapes for use in industrial machinery, tools, abrasives, as well as jewelry. Tungsten carbide is approximately four times stiffer than steel, with a Young's modulus of approximately 550 GPa, and is much denser than steel or titanium. It is comparable with corundum (a-Al2O3) in hardness and can only be polished and finished with diamond wheels and compounds.
The global Tungsten Carbide Powder (WC) market size is expected to reach US$ 2370.3 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Tungsten Carbide Powder (WC) in various end use industries. The expanding demands from the Machine Tools & Components, Cutting Tools, Dies & Punches and Others (Abrasive Products, etc.), are propelling Tungsten Carbide Powder (WC) market. Grain Sizes Below 1 µm, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Grain Sizes 1-10 µm segment is estimated at % CAGR for the next seven-year period.
Global Tungsten Carbide Powder (WC) key players include Sandvik, Xiamen Tungsten, China Minmetals Corporation, Element Six, Jiangxi Yaosheng, etc. Global top five manufacturers hold a share about 55%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, total have a share about 35 percent. In terms of product, Grain Sizes 1-10 µm is the largest segment, with a share about 45%. And in terms of application, the largest application is Machine Tools & Components, followed by Cutting Tools, Dies & Punches, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tungsten Carbide Powder (WC), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tungsten Carbide Powder (WC) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tungsten Carbide Powder (WC) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tungsten Carbide Powder (WC) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tungsten Carbide Powder (WC) covered in this report include Sandvik, Xiamen Tungsten, China Minmetals, Element Six, Jiangxi Yaosheng, GuangDong XiangLu Tungsten, Chongyi Zhangyyuan Tungsten, Plansee (GTP) and JXTC, etc.
The global Tungsten Carbide Powder (WC) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sandvik
Xiamen Tungsten
China Minmetals
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten
Plansee (GTP)
JXTC
Japan New Metals
AST
Kohsei
ALMT
Kennametal
H.C.Starck
TaeguTec
Wolfram JSC
Buffalo Tungsten
ERAMET
Lineage Alloys
Global Tungsten Carbide Powder (WC) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tungsten Carbide Powder (WC) market, Segment by Type:
Grain Sizes Below 1 µm
Grain Sizes 1-10 µm
Grain Sizes Above 10 µm
Global Tungsten Carbide Powder (WC) market, by Application
Machine Tools & Components
Cutting Tools
Dies & Punches
Others (Abrasive Products, etc.)
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tungsten Carbide Powder (WC) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tungsten Carbide Powder (WC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Tungsten Carbide Powder (WC) Market Overview
1.1 Tungsten Carbide Powder (WC) Product Overview
1.2 Tungsten Carbide Powder (WC) Market Segment by Type
1.2.1 Grain Sizes Below 1 µm
1.2.2 Grain Sizes 1-10 µm
1.2.3 Grain Sizes Above 10 µm
1.3 Global Tungsten Carbide Powder (WC) Market Size by Type
1.3.1 Global Tungsten Carbide Powder (WC) Market Size Overview by Type (2018-2029)
1.3.2 Global Tungsten Carbide Powder (WC) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tungsten Carbide Powder (WC) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tungsten Carbide Powder (WC) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tungsten Carbide Powder (WC) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tungsten Carbide Powder (WC) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tungsten Carbide Powder (WC) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tungsten Carbide Powder (WC) Sales Breakdown by Type (2018-2023)
2 Global Tungsten Carbide Powder (WC) Market Competition by Company
2.1 Global Top Players by Tungsten Carbide Powder (WC) Sales (2018-2023)
2.2 Global Top Players by Tungsten Carbide Powder (WC) Revenue (2018-2023)
2.3 Global Top Players by Tungsten Carbide Powder (WC) Price (2018-2023)
2.4 Global Top Manufacturers Tungsten Carbide Powder (WC) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tungsten Carbide Powder (WC) Market Competitive Situation and Trends
2.5.1 Tungsten Carbide Powder (WC) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tungsten Carbide Powder (WC) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tungsten Carbide Powder (WC) as of 2022)
2.7 Date of Key Manufacturers Enter into Tungsten Carbide Powder (WC) Market
2.8 Key Manufacturers Tungsten Carbide Powder (WC) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tungsten Carbide Powder (WC) Status and Outlook by Region
3.1 Global Tungsten Carbide Powder (WC) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tungsten Carbide Powder (WC) Historic Market Size by Region
3.2.1 Global Tungsten Carbide Powder (WC) Sales in Volume by Region (2018-2023)
3.2.2 Global Tungsten Carbide Powder (WC) Sales in Value by Region (2018-2023)
3.2.3 Global Tungsten Carbide Powder (WC) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tungsten Carbide Powder (WC) Forecasted Market Size by Region
3.3.1 Global Tungsten Carbide Powder (WC) Sales in Volume by Region (2024-2029)
3.3.2 Global Tungsten Carbide Powder (WC) Sales in Value by Region (2024-2029)
3.3.3 Global Tungsten Carbide Powder (WC) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tungsten Carbide Powder (WC) by Application
4.1 Tungsten Carbide Powder (WC) Market Segment by Application
4.1.1 Machine Tools & Components
4.1.2 Cutting Tools
4.1.3 Dies & Punches
4.1.4 Others (Abrasive Products, etc.)
4.2 Global Tungsten Carbide Powder (WC) Market Size by Application
4.2.1 Global Tungsten Carbide Powder (WC) Market Size Overview by Application (2018-2029)
4.2.2 Global Tungsten Carbide Powder (WC) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tungsten Carbide Powder (WC) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tungsten Carbide Powder (WC) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tungsten Carbide Powder (WC) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tungsten Carbide Powder (WC) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tungsten Carbide Powder (WC) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tungsten Carbide Powder (WC) Sales Breakdown by Application (2018-2023)
5 North America Tungsten Carbide Powder (WC) by Country
5.1 North America Tungsten Carbide Powder (WC) Historic Market Size by Country
5.1.1 North America Tungsten Carbide Powder (WC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tungsten Carbide Powder (WC) Sales in Volume by Country (2018-2023)
5.1.3 North America Tungsten Carbide Powder (WC) Sales in Value by Country (2018-2023)
5.2 North America Tungsten Carbide Powder (WC) Forecasted Market Size by Country
5.2.1 North America Tungsten Carbide Powder (WC) Sales in Volume by Country (2024-2029)
5.2.2 North America Tungsten Carbide Powder (WC) Sales in Value by Country (2024-2029)
6 Europe Tungsten Carbide Powder (WC) by Country
6.1 Europe Tungsten Carbide Powder (WC) Historic Market Size by Country
6.1.1 Europe Tungsten Carbide Powder (WC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tungsten Carbide Powder (WC) Sales in Volume by Country (2018-2023)
6.1.3 Europe Tungsten Carbide Powder (WC) Sales in Value by Country (2018-2023)
6.2 Europe Tungsten Carbide Powder (WC) Forecasted Market Size by Country
6.2.1 Europe Tungsten Carbide Powder (WC) Sales in Volume by Country (2024-2029)
6.2.2 Europe Tungsten Carbide Powder (WC) Sales in Value by Country (2024-2029)
7 Asia-Pacific Tungsten Carbide Powder (WC) by Region
7.1 Asia-Pacific Tungsten Carbide Powder (WC) Historic Market Size by Region
7.1.1 Asia-Pacific Tungsten Carbide Powder (WC) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tungsten Carbide Powder (WC) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tungsten Carbide Powder (WC) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tungsten Carbide Powder (WC) Forecasted Market Size by Region
7.2.1 Asia-Pacific Tungsten Carbide Powder (WC) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tungsten Carbide Powder (WC) Sales in Value by Region (2024-2029)
8 Latin America Tungsten Carbide Powder (WC) by Country
8.1 Latin America Tungsten Carbide Powder (WC) Historic Market Size by Country
8.1.1 Latin America Tungsten Carbide Powder (WC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tungsten Carbide Powder (WC) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tungsten Carbide Powder (WC) Sales in Value by Country (2018-2023)
8.2 Latin America Tungsten Carbide Powder (WC) Forecasted Market Size by Country
8.2.1 Latin America Tungsten Carbide Powder (WC) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tungsten Carbide Powder (WC) Sales in Value by Country (2024-2029)
9 Middle East and Africa Tungsten Carbide Powder (WC) by Country
9.1 Middle East and Africa Tungsten Carbide Powder (WC) Historic Market Size by Country
9.1.1 Middle East and Africa Tungsten Carbide Powder (WC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tungsten Carbide Powder (WC) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tungsten Carbide Powder (WC) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tungsten Carbide Powder (WC) Forecasted Market Size by Country
9.2.1 Middle East and Africa Tungsten Carbide Powder (WC) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tungsten Carbide Powder (WC) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sandvik
10.1.1 Sandvik Company Information
10.1.2 Sandvik Introduction and Business Overview
10.1.3 Sandvik Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sandvik Tungsten Carbide Powder (WC) Products Offered
10.1.5 Sandvik Recent Development
10.2 Xiamen Tungsten
10.2.1 Xiamen Tungsten Company Information
10.2.2 Xiamen Tungsten Introduction and Business Overview
10.2.3 Xiamen Tungsten Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Xiamen Tungsten Tungsten Carbide Powder (WC) Products Offered
10.2.5 Xiamen Tungsten Recent Development
10.3 China Minmetals
10.3.1 China Minmetals Company Information
10.3.2 China Minmetals Introduction and Business Overview
10.3.3 China Minmetals Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 China Minmetals Tungsten Carbide Powder (WC) Products Offered
10.3.5 China Minmetals Recent Development
10.4 Element Six
10.4.1 Element Six Company Information
10.4.2 Element Six Introduction and Business Overview
10.4.3 Element Six Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Element Six Tungsten Carbide Powder (WC) Products Offered
10.4.5 Element Six Recent Development
10.5 Jiangxi Yaosheng
10.5.1 Jiangxi Yaosheng Company Information
10.5.2 Jiangxi Yaosheng Introduction and Business Overview
10.5.3 Jiangxi Yaosheng Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jiangxi Yaosheng Tungsten Carbide Powder (WC) Products Offered
10.5.5 Jiangxi Yaosheng Recent Development
10.6 GuangDong XiangLu Tungsten
10.6.1 GuangDong XiangLu Tungsten Company Information
10.6.2 GuangDong XiangLu Tungsten Introduction and Business Overview
10.6.3 GuangDong XiangLu Tungsten Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GuangDong XiangLu Tungsten Tungsten Carbide Powder (WC) Products Offered
10.6.5 GuangDong XiangLu Tungsten Recent Development
10.7 Chongyi Zhangyyuan Tungsten
10.7.1 Chongyi Zhangyyuan Tungsten Company Information
10.7.2 Chongyi Zhangyyuan Tungsten Introduction and Business Overview
10.7.3 Chongyi Zhangyyuan Tungsten Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Chongyi Zhangyyuan Tungsten Tungsten Carbide Powder (WC) Products Offered
10.7.5 Chongyi Zhangyyuan Tungsten Recent Development
10.8 Plansee (GTP)
10.8.1 Plansee (GTP) Company Information
10.8.2 Plansee (GTP) Introduction and Business Overview
10.8.3 Plansee (GTP) Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Plansee (GTP) Tungsten Carbide Powder (WC) Products Offered
10.8.5 Plansee (GTP) Recent Development
10.9 JXTC
10.9.1 JXTC Company Information
10.9.2 JXTC Introduction and Business Overview
10.9.3 JXTC Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 JXTC Tungsten Carbide Powder (WC) Products Offered
10.9.5 JXTC Recent Development
10.10 Japan New Metals
10.10.1 Japan New Metals Company Information
10.10.2 Japan New Metals Introduction and Business Overview
10.10.3 Japan New Metals Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Japan New Metals Tungsten Carbide Powder (WC) Products Offered
10.10.5 Japan New Metals Recent Development
10.11 AST
10.11.1 AST Company Information
10.11.2 AST Introduction and Business Overview
10.11.3 AST Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 AST Tungsten Carbide Powder (WC) Products Offered
10.11.5 AST Recent Development
10.12 Kohsei
10.12.1 Kohsei Company Information
10.12.2 Kohsei Introduction and Business Overview
10.12.3 Kohsei Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Kohsei Tungsten Carbide Powder (WC) Products Offered
10.12.5 Kohsei Recent Development
10.13 ALMT
10.13.1 ALMT Company Information
10.13.2 ALMT Introduction and Business Overview
10.13.3 ALMT Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ALMT Tungsten Carbide Powder (WC) Products Offered
10.13.5 ALMT Recent Development
10.14 Kennametal
10.14.1 Kennametal Company Information
10.14.2 Kennametal Introduction and Business Overview
10.14.3 Kennametal Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Kennametal Tungsten Carbide Powder (WC) Products Offered
10.14.5 Kennametal Recent Development
10.15 H.C.Starck
10.15.1 H.C.Starck Company Information
10.15.2 H.C.Starck Introduction and Business Overview
10.15.3 H.C.Starck Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 H.C.Starck Tungsten Carbide Powder (WC) Products Offered
10.15.5 H.C.Starck Recent Development
10.16 TaeguTec
10.16.1 TaeguTec Company Information
10.16.2 TaeguTec Introduction and Business Overview
10.16.3 TaeguTec Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 TaeguTec Tungsten Carbide Powder (WC) Products Offered
10.16.5 TaeguTec Recent Development
10.17 Wolfram JSC
10.17.1 Wolfram JSC Company Information
10.17.2 Wolfram JSC Introduction and Business Overview
10.17.3 Wolfram JSC Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Wolfram JSC Tungsten Carbide Powder (WC) Products Offered
10.17.5 Wolfram JSC Recent Development
10.18 Buffalo Tungsten
10.18.1 Buffalo Tungsten Company Information
10.18.2 Buffalo Tungsten Introduction and Business Overview
10.18.3 Buffalo Tungsten Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Buffalo Tungsten Tungsten Carbide Powder (WC) Products Offered
10.18.5 Buffalo Tungsten Recent Development
10.19 ERAMET
10.19.1 ERAMET Company Information
10.19.2 ERAMET Introduction and Business Overview
10.19.3 ERAMET Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.19.4 ERAMET Tungsten Carbide Powder (WC) Products Offered
10.19.5 ERAMET Recent Development
10.20 Lineage Alloys
10.20.1 Lineage Alloys Company Information
10.20.2 Lineage Alloys Introduction and Business Overview
10.20.3 Lineage Alloys Tungsten Carbide Powder (WC) Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Lineage Alloys Tungsten Carbide Powder (WC) Products Offered
10.20.5 Lineage Alloys Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tungsten Carbide Powder (WC) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Tungsten Carbide Powder (WC) Industrial Chain Analysis
11.4 Tungsten Carbide Powder (WC) Market Dynamics
11.4.1 Tungsten Carbide Powder (WC) Industry Trends
11.4.2 Tungsten Carbide Powder (WC) Market Drivers
11.4.3 Tungsten Carbide Powder (WC) Market Challenges
11.4.4 Tungsten Carbide Powder (WC) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tungsten Carbide Powder (WC) Distributors
12.3 Tungsten Carbide Powder (WC) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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