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Global Tungsten Carbide Powder (WC) Market Growth 2019-2024
SKU ID : LPI-13847434 | Publishing Date : 08-Feb-2019 | No. of pages : 161
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.
Asia-Pacific has the largest global export quantity and manufacturers in Tungsten Carbide Powder (WC) market, while the Europe is the second sales volume market for Tungsten Carbide Powder (WC) in 2016.
In the industry, Sandvik profits most in 2016 and recent years, while Xiamen Tungsten and China Minmetals Corporation ranked 2 and 3.The market share of them is 13.04%, 12.45% and 8.82% in 2016.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Tungsten Carbide Powder (WC), including Grain Sizes <1 μm, Grain Sizes 1-10 μm and Grain Sizes >10 μm. And Grain Sizes 1-10 μm is the main type for Tungsten Carbide Powder (WC), and the Grain Sizes 1-10 μm reached a sales volume of approximately 17915 MT in 2016, with 45.40% of global sales volume.
Tungsten Carbide Powder (WC) technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
According to this study, over the next five years the Tungsten Carbide Powder (WC) market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 1940 million by 2024, from US$ 1570 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tungsten Carbide Powder (WC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tungsten Carbide Powder (WC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Tungsten Carbide Powder (WC) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Grain Sizes <1 µm
Grain Sizes 1-10 µm
Grain Sizes >10 µm
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machine Tools & Components
Cutting Tools
Dies & Punches
Others (Abrasive Products, etc.)
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sandvik
Xiamen Tungsten
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten Co
Plansee (GTP)
JXTC
Japan New Metals
AST
Kohsei Co Ltd
ALMT Corp
Kennametal
H.C.Starck
TaeguTec Ltd
Wolfram Company JSC
Buffalo Tungsten
Eurotungstene
Lineage Alloys
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tungsten Carbide Powder (WC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tungsten Carbide Powder (WC) market by identifying its various subsegments.
Focuses on the key global Tungsten Carbide Powder (WC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tungsten Carbide Powder (WC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tungsten Carbide Powder (WC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Asia-Pacific has the largest global export quantity and manufacturers in Tungsten Carbide Powder (WC) market, while the Europe is the second sales volume market for Tungsten Carbide Powder (WC) in 2016.
In the industry, Sandvik profits most in 2016 and recent years, while Xiamen Tungsten and China Minmetals Corporation ranked 2 and 3.The market share of them is 13.04%, 12.45% and 8.82% in 2016.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Tungsten Carbide Powder (WC), including Grain Sizes <1 μm, Grain Sizes 1-10 μm and Grain Sizes >10 μm. And Grain Sizes 1-10 μm is the main type for Tungsten Carbide Powder (WC), and the Grain Sizes 1-10 μm reached a sales volume of approximately 17915 MT in 2016, with 45.40% of global sales volume.
Tungsten Carbide Powder (WC) technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
According to this study, over the next five years the Tungsten Carbide Powder (WC) market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 1940 million by 2024, from US$ 1570 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tungsten Carbide Powder (WC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tungsten Carbide Powder (WC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Tungsten Carbide Powder (WC) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Grain Sizes <1 µm
Grain Sizes 1-10 µm
Grain Sizes >10 µm
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machine Tools & Components
Cutting Tools
Dies & Punches
Others (Abrasive Products, etc.)
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sandvik
Xiamen Tungsten
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten Co
Plansee (GTP)
JXTC
Japan New Metals
AST
Kohsei Co Ltd
ALMT Corp
Kennametal
H.C.Starck
TaeguTec Ltd
Wolfram Company JSC
Buffalo Tungsten
Eurotungstene
Lineage Alloys
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tungsten Carbide Powder (WC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tungsten Carbide Powder (WC) market by identifying its various subsegments.
Focuses on the key global Tungsten Carbide Powder (WC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tungsten Carbide Powder (WC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tungsten Carbide Powder (WC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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