Press release
Tungsten Carbide Powder Market Company Profiles, Competitive Landscape and Forecast till 2024: Eurotungstene Poudres SAS, Reade Advanced Materials, Buffalo Tungsten Inc., LINEAGE, DMEGC Solar - Hengdian Group, Global Tungsten & Powders Corporation, Sandvi
Tungsten Carbide Powder Market
Leading Players are Nanchang Cemented Carbide Co., Ltd., Jiangxi Yaosheng Tungsten Co., Ltd., Japan New Metal Co., Ltd., China Tungsten Online (Xiamen) Manu. & Sales Corp., Eurotungstene, Reade International Corporation, Buffalo Tungsten Inc., Lineage Alloys, Inc., DMEGC, Global Tungsten & Powders (GTP), Zigong Huagang Cemented Carbide New Materials Co., Ltd., H.C. Starck and many more.
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Target Audiences:
• Mining & construction,
• Industrial engineering,
• Transportation,
• Oil & gas,
• Aerospace & defense and others
Some of the major countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
Major Market Competitors/Players:
• Sandvik AB,
• Kennametal Inc.,
• Ceratizit S.A.,
• Extramet,
• Federal Carbide Company,
• Guangdong Xianglu Tungsten Co., Ltd,
Market Definition:
Tungsten carbide powder is a compound containing atoms of tungsten and carbide. Tungsten carbide powder can be pressed and molded into different shapes and sizes for usage in cutting tools, abrasives, industrial machinery, jewelry, and other tools & equipment. This powder is characterized by high thermal conductivity, extreme stiffness, and intense strength. The latest trend in this market is high demand from industrial machinery apart from the transportation, mining & industrial engineering sectors. Besides, growing mining & construction, industrial engineering, transportation, oil & gas, aerospace & defense industries are further driving market demand for tungsten carbide.
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Tungsten Carbide Powder Market - Market Segmentation:
On the basis of grade
• Rotary drilling & mining grades,
• Metal forming & wear grades,
• Submicron grades,
• Corrosion resistant grades,
• General purpose grades, and other grades
On the basis of application,
• Machine tools & components,
• Cutting tools,
• Dies & punches,
• Abrasive products and others
On the basis of geography
• North America,
• South America,
• Europe,
• Asia-Pacific
• Middle East & Africa
Major Market Drivers:
• Growing demand for industrial machinery
• Increasing product demand in transportation, mining, construction and industrial engineering sector
Market Restraints:
• Highly toxic property of tungsten carbide powders
• Oversupply of tungsten by China
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