Press release
Global Tungsten Carbide Powder (WC) Market accounted for USD 1570 million in 2019 and is expected to reach around USD 1940 million globally by 2024, at a CAGR of 3.6% between 2019 and 2024
Global Tungsten Carbide Powder (WC) Market
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 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.
The worldwide market for Tungsten Carbide Powder (WC) is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 1940 million US$ in 2024, from 1570 million US$ in 2019.
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Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Grain Sizes 10 µm
Market Segment by Applications, can be divided into
Machine Tools & Components
Cutting Tools
Dies & Punches
Others (Abrasive Products, etc.)
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The Global Tungsten Carbide Powder (WC) Market 2019 is further emphasis on the basis of product pricing, Tungsten Carbide Powder (WC) production volume, data pertaining to demand and Tungsten Carbide Powder (WC) supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Tungsten Carbide Powder (WC) along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Tungsten Carbide Powder (WC) across the globe.
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