Global Tungsten Carbide Market Outlook Report 2026

On Dec 11, Global Info Research released "Global Tungsten Carbide Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032". This report includes an overview of the development of the Tungsten Carbide industry chain, the market status of Tungsten Carbide Market, and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Tungsten Carbide.

According to our (Global Info Research) latest study, the global Tungsten Carbide market size was valued at US$ 2138 million in 2025 and is forecast to a readjusted size of USD million by 2032 with a CAGR of % during review period.
Tungsten is very stable element, as pure metal, tungsten has not only the highest melting point of all metals (3,422 °C) and the lowest degree of thermal expansion, but it is also very dense (19.3 g/cm3), 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 μm is the main type, with a share about 45%. Machine Tools & Components is the main application, which holds a share about 30%.
This report is a detailed and comprehensive analysis for global Tungsten Carbide market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

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Market segment by Type: Grain Sizes Up to 1 μm、 Grain Sizes 1-10 μm、 Grain Sizes Above 10 μm、 Others
Market segment by Application: Machine Tools and Components、 Cutting Tools、 Dies and Punches、 Others
Major players covered: 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
Market segment by region, regional analysis covers:
North America (United States, Canada and Mexico),
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),
South America (Brazil, Argentina, Colombia, and Rest of South America),
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tungsten Carbide product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tungsten Carbide, with price, sales, revenue and global market share of Tungsten Carbide from 2021 to 2025.
Chapter 3, the Tungsten Carbide competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tungsten Carbide breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2021 to 2025.and Tungsten Carbide market forecast, by regions, type and application, with sales and revenue, from 2026 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tungsten Carbide.
Chapter 14 and 15, to describe Tungsten Carbide sales channel, distributors, customers, research findings and conclusion.

Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

About Us:

Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

This release was published on openPR.