Global Tungsten Market Key Information By Top Key Player Sandvik AB, Kennametal Inc., Sumitomo Electric Industries, Ltd., Nippon Tungsten Co., Ltd, NAECO

Market Study Report recently introduced new title on “2021 Global Tungsten Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2021.

Global Tungsten Market is forecasted to grow at a CAGR of 4.25% during 2016 - 2021. Strong growth in tungsten market is driven by the surging demand for downstream tungsten products in varied end-user sectors including automotive, industrial engineering, energy, and aviation. Apart from that, the uncovering of the wide range of applications in allied industries like medical, defense and electric and electronic, has been impelling growth in the tungsten market.

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Top Manufacturers in global market are given bellow:
Sandvik AB, Kennametal Inc., Sumitomo Electric Industries, Ltd., Nippon Tungsten Co., Ltd, NAECO, LLC., Toonney Alloy(Xiamen) Co.,Ltd., Federal Carbide Company, Buffalo Tungsten Inc.

Scope of the Report

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global tungsten market on the basis of End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals & Others), By End-User Industries (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense and Medical), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil and Saudi Arabia).

Although, hard metals hold the major percentage share in the total tungsten market in the present, consumption of tungsten for mill products is projected to display a faster growth in the future owing to the increasing application in high growth electronic and construction industries. Regionally, tungsten demand growth is likely to be the fastest in the Asia Pacific region against the backdrop of economic growth in emerging markets. Developed regions of North America and Europe are expected to display a steady paced growth, mainly due to high expenditure in automotive and engineering sectors.

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By End-Use Application

• Hard Metals
• Steel and Other Alloys
• Mill Products
• Chemical
• Other

By End-User Industries

• Automotive
• Mining
• Construction
• Oil & Gas
• Aerospace and Defense
• Medical

The above information is provided on a regional and country basis for the following:

• North America (U.S., Canada, Mexico)
o Europe (Germany, Italy, UK, France, Austria, Spain, Portugal, Ukraine, Switzerland)
o Asia Pacific (Japan, China, India, South Korea, Australia)
o Latin America (Brazil, Mexico)
o MEA (South Africa, Saudi Arabia)

Table of Content

1. Research Methodology

2. Executive Summary

3. Strategic Recommendation
3.1 Increase in the Construction and Mining Activities
3.2 Rise in demand from the Aerospace and Defense Industry
3.3 Growing Application in the Automotive and Electronics Sector

4. Global Tungsten Market Outlook
4.1 Product Overview

5. Global Tungsten Market: Growth and Forecast
5.1 By Value (2011-2015)
5.2 By Value (2016-2021)

6. Global Tungsten Market-By End-Use Application
6.1 Global Tungsten Market-By End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals & Others) : Breakdown(%)
6.2 Global Tungsten Market in Hard Metals, By Value
6.2.1 By Value (2011-2015)
6.2.2 By Value (2016-2021)
6.3 Global Tungsten Market for Steel and Other Alloys, By Value
6.3 1 By Value (2011-2015)
6.3.2 By Value (2016-2021)
6.4 Global Tungsten Market in Mill Products, By Value
6.4.1 By Value (2011-2015)
6.4.2 By Value (2016-2021)
6.5 Global Tungsten Market in Chemical Application, By Value
6.5.1 By Value (2011-2015)
6.5.2 By Value (2016-2021)
6.6 Global Tungsten Market in Other Applications, By Value
6.6.1 By Value (2011-2015)
6.6.2 By Value (2016-2021)

7. Global Tungsten Market-By End-User Industries
7.1 Global Tungsten Market-By End-User (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense and Medical): Breakdown(%)
7.2 Global Tungsten Market in Automotive Industry, By Value
7.2.1 By Value (2011-2015)
7.2.2 By Value (2016-2021)
7.3 Global Tungsten Market in Mining Industry, By Value
7.3.1 By Value (2011-2015)
7.3.2 By Value (2016-2021)
7.4 Global Tungsten Market in Construction Industry, By Value
7.4.1 By Value (2011-2015)
7.4.2 By Value (2016-2021)
7.5 Global Tungsten Market in Oil & Gas Industry, By Value
7.5.1 By Value (2011-2015)
7.5.2 By Value (2016-2021)
7.6 Global Tungsten Market in Aerospace & Defense Industry, By Value
7.6.1 By Value (2011-2015)
7.6.2 By Value (2016-2021)
7.7 Global Tungsten Market in Medical Industry, By Value
7.7.1 By Value (2011-2015)
7.7.2 By Value (2016-2021)

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