Global Copper Tungsten Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Copper Tungsten Market
Due to the COVID-19 pandemic, the global Copper Tungsten market size is estimated to be worth US$ 110.9 million in 2022 and is forecast to a readjusted size of US$ 154.6 million by 2028 with a CAGR of 5.7% during the review period. Fully considering the economic change by this health crisis, WCu 65/35 accounting for % of the Copper Tungsten global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While High Voltage Electrical Switch segment is altered to an % CAGR throughout this forecast period.
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.
In terms of production side, this report researches the Copper Tungsten capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Copper Tungsten by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Copper Tungsten Scope and Segment
Copper Tungsten market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Copper Tungsten market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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