Global Tungsten Carbide Market Research Report 2021-2025

Tungsten carbide is a chemical compound containing both tungsten and carbon atoms in equal parts. Tungsten carbide is generally a grey powder in its basic form but has the ability to be pressed and formed into different shapes depending upon its use in the end user industries. The properties such as high tensile strength, durability and abrasion resistance finds its application in many end user industries. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Tungsten Carbide Report by Material, Application, and Geography – Global Forecast to 2025 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

In this report, the global Tungsten Carbide market is valued at USD XX million in 2021 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of 3.5% during the period 2021 to 2025.

The report firstly introduced the Tungsten Carbide basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The major players profiled in this report include:

Sandvik AB
American Elements Corp.
IMC Group
Kennametal Inc.
Extramet Products LLC
Guangdong Xianglu Tungsten Co., Ltd.
Federal Carbide Company
Ceratizit S.A.
Sumitomo Electric Industries, Ltd.
Hitachi Metals, Ltd.
……

The end users/applications and product categories analysis:

On the basis of product

, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Rotary Drilling & Mining Grade
Metal Foaming and Wear Grades
General Purpose Grade
……

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Tungsten Carbide for each application, including-
Automotive
Mining & Construction
Oil & Gas
Defense
……