Global Copper Tungsten Market Outlook 2022

Copper–tungsten (tungsten–copper, CuW, or WCu) is a mixture of copper and tungsten. As copper and tungsten are not mutually soluble, the material is composed of distinct particles of one metal dispersed in a matrix of the other one. The microstructure is therefore rather a metal matrix composite instead of a true alloy. The material combines the properties of both metals, resulting in a material that is heat-resistant, ablation-resistant, highly thermally and electrically conductive, and easy to machine.
China is the largest consumer, who owned nearly 50% share in global consumption market in 2019. The follower is Europe, accounting for about 19% sales share in 2019.
In terms of types, WCu 70/30 type occupied the largest sales share of about 37% in 2019.
Based on the application, High Voltage Electrical Switch constitutes the largest application market for Copper Tungsten, accounting for about 38% of global share.

Market Analysis and Insights: Global Copper Tungsten Market
The global Copper Tungsten market was valued at US$ 98.7 million in 2020 and it is expected to reach US$ 145.5 million by the end of 2027, growing at a CAGR of 5.7% during 2021-2027.

Global Copper Tungsten Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Copper Tungsten Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
WCu 65/35
WCu 70/30
WCu 75/25
WCu 80/20
WCu 85/15
WCu 90/10
Others

Segment by Application
High Voltage Electrical Switch
Welding and EDM
Aerospace
Electronic Packaging and Heat Sink
Others

By Company
Sumitomo Electric
Advanced Technology & Materials
Plansee
Xi’an Huashan Tungsten Products
Mi-Tech Tungsten Metals
HOSO METAL
CHEMETAL USA
Taizhou Huacheng
Baoji Hanz Metal Material Co., Ltd
AMERICAN ELEMENTS
Mosten Alloy Co.,Ltd
Seunglim Electric Co.,Ltd
Shenyang Top New Material
Runchang New Materials

Production by Region
North America
Europe
China
Japan
Australia
South Korea

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE