A new professional intelligent report published by Industry experts and research specialists of Data Bridge Market Research the Global Tungsten Carbide Powder Market is projected to grow at a CAGR of 5.6% By 2024 This market report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In the end, this Tungsten Carbide Powder report guide through all the vital market factors.
The study is derived from primary and secondary statistical data and consists of qualitative and quantitative analysis of industry and key players like Sandvik AB, Kennametal Inc., Ceratizit S.A., Extramet, Federal Carbide Company, Guangdong Xianglu Tungsten Co., Ltd, Nanchang Cemented Carbide Co., Ltd., Jiangxi Yaosheng Tungsten Co., Ltd., Japan New Metal Co., Ltd., China Tungsten Online (Xiamen) Manu. & Sales Corp., Eurotungstene, Reade International Corporation, Buffalo Tungsten Inc., Lineage Alloys, Inc., DMEGC, Global Tungsten & Powders (GTP), Zigong Huagang Cemented Carbide New Materials Co., Ltd., H.C. Starck and many more.
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Tungsten carbide powder is a compound containing atoms of tungsten and carbide. Tungsten carbide powder can be pressed and molded into different shapes and sizes for usage in cutting tools, abrasives, industrial machinery, jewelry, and other tools & equipment.
The global tungsten carbide powder market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global Tungsten Carbide Powder Market
By Grade (Rotary Drilling & Mining Grades, Metal Forming & Wear Grades, Submicron Grades, Corrosion Resistant Grades, General Purpose Grades, Other Grades);
By Application (Machine Tools & Components, Cutting Tools, Dies & Punches, Abrasive Products)
By End-use (Mining & Construction, Industrial Engineering, Transportation, Oil & Gas, Aerospace & Defense)
& Powders (GTP), Zigong Huagang Cemented Carbide New Materials Co., Ltd., H.C. Starck and many more.
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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The tungsten carbide powder market is segmented on the basis of grade into rotary drilling & mining grades, metal forming & wear grades, submicron grades, corrosion resistant grades, general purpose grades, and other grades
On the basis of application, the market is segmented into machine tools & components, cutting tools, dies & punches, abrasive products and others.
On the basis of end-user, the market is segmented into mining & construction, industrial engineering, transportation, oil & gas, aerospace & defense and others.
On the basis of geography, the tungsten carbide powder market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
Major Market Drivers:
Growing demand for industrial machinery
Increasing product demand in transportation, mining, construction and industrial engineering sector
Highly toxic property of tungsten carbide powders
Oversupply of tungsten by China
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