The global Tungsten Carbide market size is predicted to grow from US$ 1958 million in 2025 to US$ 2530 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.
Tungsten is very stable element, as pure metal, tungsten has not only the highest melting point of all metals (3,422 掳C) and the lowest degree of thermal expansion, but it is also very dense (19.3 g/cm鲁), has a high degree of mechanical strength and rigidity and very low vapor pressure. Meanwhile, it has excellent corrosion resistance, thermal conductivity and electric conductivity.
The major players in global Tungsten Carbide market include Sandvik, Xiamen Tungsten, China Minmetals Corporation, etc. The top 3 players occupy about 34% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 75% of the global market. Grain Sizes 1-10 碌m is the main type, with a share about 45%. Machine Tools & Components is the main application, which holds a share about 30%.
The 鈥淭ungsten Carbide Industry Forecast鈥 looks at past sales and reviews total world Tungsten Carbide sales in 2024, providing a comprehensive analysis by region and market sector of projected Tungsten Carbide sales for 2025 through 2031. With Tungsten Carbide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tungsten Carbide industry.
This Insight Report provides a comprehensive analysis of the global Tungsten Carbide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tungsten Carbide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Tungsten Carbide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tungsten Carbide and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tungsten Carbide.
This report presents a comprehensive overview, market shares, and growth opportunities of Tungsten Carbide market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Grain Sizes Up to 1 碌m
Grain Sizes 1-10 碌m
Grain Sizes Above 10 碌m
Others
Segmentation by Application:
Machine Tools and Components
Cutting Tools
Dies and Punches
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sandvik
Xiamen Tungsten
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten
Plansee (GTP)
JXTC
Japan New Metals
AST (India)
Kohsei Co Ltd
ALMT Corp
Kennametal
H.C.Starck
TaeguTec Ltd
Wolfram Company JSC (Russia)
Buffalo Tungsten
Eurotungstene
Lineage Alloys
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tungsten Carbide market?
What factors are driving Tungsten Carbide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tungsten Carbide market opportunities vary by end market size?
How does Tungsten Carbide break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Tungsten Carbide Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Tungsten Carbide by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Tungsten Carbide by Country/Region, 2020, 2024 & 2031
2.2 Tungsten Carbide Segment by Type
2.2.1 Grain Sizes Up to 1 碌m
2.2.2 Grain Sizes 1-10 碌m
2.2.3 Grain Sizes Above 10 碌m
2.2.4 Others
2.3 Tungsten Carbide Sales by Type
2.3.1 Global Tungsten Carbide Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global Tungsten Carbide Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global Tungsten Carbide Sale Price by Type (2020-2025)
2.4 Tungsten Carbide Segment by Application
2.4.1 Machine Tools and Components
2.4.2 Cutting Tools
2.4.3 Dies and Punches
2.4.4 Others
2.5 Tungsten Carbide Sales by Application
2.5.1 Global Tungsten Carbide Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global Tungsten Carbide Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global Tungsten Carbide Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Tungsten Carbide Breakdown Data by Company
3.1.1 Global Tungsten Carbide Annual Sales by Company (2020-2025)
3.1.2 Global Tungsten Carbide Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global Tungsten Carbide Annual Revenue by Company (2020-2025)
3.2.1 Global Tungsten Carbide Revenue by Company (2020-2025)
3.2.2 Global Tungsten Carbide Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global Tungsten Carbide Sale Price by Company
3.4 Key Manufacturers Tungsten Carbide Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Tungsten Carbide Product Location Distribution
3.4.2 Players Tungsten Carbide Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for Tungsten Carbide by Geographic Region
4.1 World Historic Tungsten Carbide 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global Tungsten Carbide Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Tungsten Carbide Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Tungsten Carbide 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global Tungsten Carbide Annual Sales by Country/Region (2020-2025)
4.2.2 Global Tungsten Carbide Annual Revenue by Country/Region (2020-2025)
4.3 Americas Tungsten Carbide Sales Growth
4.4 APAC Tungsten Carbide Sales Growth
4.5 Europe Tungsten Carbide Sales Growth
4.6 Middle East & Africa Tungsten Carbide Sales Growth
5 Americas
5.1 Americas Tungsten Carbide Sales by Country
5.1.1 Americas Tungsten Carbide Sales by Country (2020-2025)
5.1.2 Americas Tungsten Carbide Revenue by Country (2020-2025)
5.2 Americas Tungsten Carbide Sales by Type (2020-2025)
5.3 Americas Tungsten Carbide Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Tungsten Carbide Sales by Region
6.1.1 APAC Tungsten Carbide Sales by Region (2020-2025)
6.1.2 APAC Tungsten Carbide Revenue by Region (2020-2025)
6.2 APAC Tungsten Carbide Sales by Type (2020-2025)
6.3 APAC Tungsten Carbide Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Tungsten Carbide by Country
7.1.1 Europe Tungsten Carbide Sales by Country (2020-2025)
7.1.2 Europe Tungsten Carbide Revenue by Country (2020-2025)
7.2 Europe Tungsten Carbide Sales by Type (2020-2025)
7.3 Europe Tungsten Carbide Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Tungsten Carbide by Country
8.1.1 Middle East & Africa Tungsten Carbide Sales by Country (2020-2025)
8.1.2 Middle East & Africa Tungsten Carbide Revenue by Country (2020-2025)
8.2 Middle East & Africa Tungsten Carbide Sales by Type (2020-2025)
8.3 Middle East & Africa Tungsten Carbide Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Tungsten Carbide
10.3 Manufacturing Process Analysis of Tungsten Carbide
10.4 Industry Chain Structure of Tungsten Carbide
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Tungsten Carbide Distributors
11.3 Tungsten Carbide Customer
12 World Forecast Review for Tungsten Carbide by Geographic Region
12.1 Global Tungsten Carbide 麻豆原创 Size Forecast by Region
12.1.1 Global Tungsten Carbide Forecast by Region (2026-2031)
12.1.2 Global Tungsten Carbide Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Tungsten Carbide Forecast by Type (2026-2031)
12.7 Global Tungsten Carbide Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Sandvik
13.1.1 Sandvik Company Information
13.1.2 Sandvik Tungsten Carbide Product Portfolios and Specifications
13.1.3 Sandvik Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Sandvik Main Business Overview
13.1.5 Sandvik Latest Developments
13.2 Xiamen Tungsten
13.2.1 Xiamen Tungsten Company Information
13.2.2 Xiamen Tungsten Tungsten Carbide Product Portfolios and Specifications
13.2.3 Xiamen Tungsten Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Xiamen Tungsten Main Business Overview
13.2.5 Xiamen Tungsten Latest Developments
13.3 China Minmetals Corporation
13.3.1 China Minmetals Corporation Company Information
13.3.2 China Minmetals Corporation Tungsten Carbide Product Portfolios and Specifications
13.3.3 China Minmetals Corporation Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 China Minmetals Corporation Main Business Overview
13.3.5 China Minmetals Corporation Latest Developments
13.4 Element Six
13.4.1 Element Six Company Information
13.4.2 Element Six Tungsten Carbide Product Portfolios and Specifications
13.4.3 Element Six Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Element Six Main Business Overview
13.4.5 Element Six Latest Developments
13.5 Jiangxi Yaosheng
13.5.1 Jiangxi Yaosheng Company Information
13.5.2 Jiangxi Yaosheng Tungsten Carbide Product Portfolios and Specifications
13.5.3 Jiangxi Yaosheng Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Jiangxi Yaosheng Main Business Overview
13.5.5 Jiangxi Yaosheng Latest Developments
13.6 GuangDong XiangLu Tungsten
13.6.1 GuangDong XiangLu Tungsten Company Information
13.6.2 GuangDong XiangLu Tungsten Tungsten Carbide Product Portfolios and Specifications
13.6.3 GuangDong XiangLu Tungsten Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 GuangDong XiangLu Tungsten Main Business Overview
13.6.5 GuangDong XiangLu Tungsten Latest Developments
13.7 Chongyi Zhangyyuan Tungsten
13.7.1 Chongyi Zhangyyuan Tungsten Company Information
13.7.2 Chongyi Zhangyyuan Tungsten Tungsten Carbide Product Portfolios and Specifications
13.7.3 Chongyi Zhangyyuan Tungsten Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Chongyi Zhangyyuan Tungsten Main Business Overview
13.7.5 Chongyi Zhangyyuan Tungsten Latest Developments
13.8 Plansee (GTP)
13.8.1 Plansee (GTP) Company Information
13.8.2 Plansee (GTP) Tungsten Carbide Product Portfolios and Specifications
13.8.3 Plansee (GTP) Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Plansee (GTP) Main Business Overview
13.8.5 Plansee (GTP) Latest Developments
13.9 JXTC
13.9.1 JXTC Company Information
13.9.2 JXTC Tungsten Carbide Product Portfolios and Specifications
13.9.3 JXTC Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 JXTC Main Business Overview
13.9.5 JXTC Latest Developments
13.10 Japan New Metals
13.10.1 Japan New Metals Company Information
13.10.2 Japan New Metals Tungsten Carbide Product Portfolios and Specifications
13.10.3 Japan New Metals Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Japan New Metals Main Business Overview
13.10.5 Japan New Metals Latest Developments
13.11 AST (India)
13.11.1 AST (India) Company Information
13.11.2 AST (India) Tungsten Carbide Product Portfolios and Specifications
13.11.3 AST (India) Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 AST (India) Main Business Overview
13.11.5 AST (India) Latest Developments
13.12 Kohsei Co Ltd
13.12.1 Kohsei Co Ltd Company Information
13.12.2 Kohsei Co Ltd Tungsten Carbide Product Portfolios and Specifications
13.12.3 Kohsei Co Ltd Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Kohsei Co Ltd Main Business Overview
13.12.5 Kohsei Co Ltd Latest Developments
13.13 ALMT Corp
13.13.1 ALMT Corp Company Information
13.13.2 ALMT Corp Tungsten Carbide Product Portfolios and Specifications
13.13.3 ALMT Corp Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 ALMT Corp Main Business Overview
13.13.5 ALMT Corp Latest Developments
13.14 Kennametal
13.14.1 Kennametal Company Information
13.14.2 Kennametal Tungsten Carbide Product Portfolios and Specifications
13.14.3 Kennametal Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Kennametal Main Business Overview
13.14.5 Kennametal Latest Developments
13.15 H.C.Starck
13.15.1 H.C.Starck Company Information
13.15.2 H.C.Starck Tungsten Carbide Product Portfolios and Specifications
13.15.3 H.C.Starck Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 H.C.Starck Main Business Overview
13.15.5 H.C.Starck Latest Developments
13.16 TaeguTec Ltd
13.16.1 TaeguTec Ltd Company Information
13.16.2 TaeguTec Ltd Tungsten Carbide Product Portfolios and Specifications
13.16.3 TaeguTec Ltd Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 TaeguTec Ltd Main Business Overview
13.16.5 TaeguTec Ltd Latest Developments
13.17 Wolfram Company JSC (Russia)
13.17.1 Wolfram Company JSC (Russia) Company Information
13.17.2 Wolfram Company JSC (Russia) Tungsten Carbide Product Portfolios and Specifications
13.17.3 Wolfram Company JSC (Russia) Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Wolfram Company JSC (Russia) Main Business Overview
13.17.5 Wolfram Company JSC (Russia) Latest Developments
13.18 Buffalo Tungsten
13.18.1 Buffalo Tungsten Company Information
13.18.2 Buffalo Tungsten Tungsten Carbide Product Portfolios and Specifications
13.18.3 Buffalo Tungsten Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Buffalo Tungsten Main Business Overview
13.18.5 Buffalo Tungsten Latest Developments
13.19 Eurotungstene
13.19.1 Eurotungstene Company Information
13.19.2 Eurotungstene Tungsten Carbide Product Portfolios and Specifications
13.19.3 Eurotungstene Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Eurotungstene Main Business Overview
13.19.5 Eurotungstene Latest Developments
13.20 Lineage Alloys
13.20.1 Lineage Alloys Company Information
13.20.2 Lineage Alloys Tungsten Carbide Product Portfolios and Specifications
13.20.3 Lineage Alloys Tungsten Carbide Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Lineage Alloys Main Business Overview
13.20.5 Lineage Alloys Latest Developments
14 Research Findings and Conclusion
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*If Applicable.