Tungsten Carbide Powder Market
Tungsten Carbide Powder Market Analysis By Application (Mining Tools & Components, Cutting Tools, Dies & Punching & Abrasive Products) By End-Use & By Region – Global Market Insights 2022 to 2032
Analysis of Tungsten Carbide Powder market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Tungsten Carbide Powder Market Outlook (2022-2032)
Global tungsten carbide powder market stands at a valuation of US$ 19.97 billion. Detailed industry analysis reveals that worldwide consumption of tungsten carbide powder is predicted to increase at a CAGR of 6% over the next ten years with the market reaching US$ 35.64 billion by the end of 2032.
Report Attributes |
Details |
Tungsten Carbide Powder Market Size (2022) |
US$ 19.97 Billion |
Projected Year Value (2032F) |
US$ 35.64 Billion |
Global Market Growth Rate (2022-2032) |
6% CAGR |
North America Market Value (2022) |
US$ 6.66 Billion |
Mining & Construction Segment Value (2022) |
US$ 4.84 Billion |
Key Companies Profiled |
|
Increasing demand for manufacturing tools in various end-use industries is expected to boost tungsten carbide powder suppliers’ revenue generation. Rising demand for industrial machinery is expected to propel the consumption of corrosion-resistant tungsten carbide powder over the coming years.
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Tungsten Carbide Powder Demand Analysis (2017-2021) Vs. Market Growth Forecasts (2022-2032)
Increasing demand for machine tools for cutting, drilling, etc., is expected to significantly shape sales of tungsten carbide powder. Industrialization picked up the pace on a global scale and is expected to prominently drive the tungsten carbide powder market potential over the coming years.
Demand for tungsten carbide powder rose at a CAGR of 4.9% from 2017 to 2021 and ended up with a net worth of US$ 19.12 billion in 2021.
Increasing demand from construction and mining industries owing to high infrastructural development across the world is also expected to provide lucrative opportunities for tungsten carbide powder manufacturers. The rising scope of application in 3D printing will also guide demand for tungsten carbide powder throughout the forecast period.
Increasing use of corrosion-resistant, ready-to-press carbide powder in the healthcare industry for manufacturing surgical instruments is also expected to favor tungsten carbide market growth.
Rising popularity of characteristic features of tungsten carbide powder such as extreme strength, high thermal conductivity, etc., is expected to favor tungsten carbide powder consumption growth over the years to come.
From 2021 to 2032, tungsten carbide powder demand is anticipated to progress at a CAGR of 6%.
What is Majorly Driving Consumption of Tungsten Carbide Powder?
“Rising Investments in Infrastructure Development Fueled by Urbanization Driving Market Expansion”
Emerging economies of the world are seeing a substantial increase in urbanization and industrialization which is expected to have a positive impact on shipments of tungsten carbide powder.
Governments of these economies are investing in big infrastructural projects to advance their development and hence are increasing the scope of application for tungsten carbide powder in construction and mining industries specifically.
Tungsten carbide cobalt powder, tungsten titanium carbide powder, tungsten carbide welding powder, and other tungsten carbide products are expected to witness a steady rise in demand from developing economies.
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What Hurdles Do Tungsten Carbide Powder Suppliers Have to Encounter?
“High Product Cost and Harmful Effects on Health & Environment”
High costs and oversupply from certain nations are expected to have a constraining effect on the global demand for tungsten carbide powder.
Also, the detrimental effects of submicron tungsten carbide powder on human health after prolonged exposure and its harmful effects on the environment are expected to further dent the tungsten carbide powder market growth curve over the coming years.
What is the Regional Outlook for Tungsten Carbide Powder Consumption?
“Asia Pacific & North America Leading Tungsten Carbide Powder Demand”
The North America tungsten carbide powder market currently stands at US$ 6.66 billion and is projected to reach an approximate value of US$ 12.22 billion by the end of 2032 while registering a CAGR of 6.3% across the forecast period.
Increasing investments in the construction sector and rising demand for industrial machinery are predicted to majorly influence the tungsten carbide powder market potential in this region.
The Asia Pacific tungsten carbide powder market is anticipated to exhibit highly lucrative opportunities for tungsten carbide powder suppliers over the coming years. Increasing demand for better wear protection in multiple industries in this region is expected to propel the demand for fused tungsten carbide powder.
Rising use of spherical tungsten carbide powder in the metal manufacturing sector in this region will further bolster the tungsten carbide market potential in this region. Tungsten carbide powder shipments in this region are projected to rise at a CAGR of 6.6% through 2032.
Europe is also anticipated to be a significant market for tungsten carbide powder vendors owing to increasing industrialization in this region.
Country-wise Insights
Why Should Tungsten Carbide Powder Suppliers Focus on China?
“High Construction & Mining Activity in China”
China is a highly lucrative market for tungsten carbide powder manufacturers owing to increasing investments in infrastructure development and favorable government policies. In China, the demand for tungsten carbide powder is anticipated to rise at a CAGR of 6.6% throughout the forecast period and is projected to account for a revenue total of US$ 4.46 billion by 2032.
Owing to high industrial activity demand for ready-to-press tungsten carbide powder, tungsten titanium carbide powder, tungsten carbide hard facing powder, corrosion-resistant ready-to-press tungsten carbide powder is expected to see a steady increase through 2032 in China.
However, the oversupply of tungsten carbide powder in some parts of China and the slowdown of manufacturing activities in the nation during the COVID-19 pandemic are expected to adversely affect market growth.
Category-wise Insights
Which End-use Sectors Drive Most Demand for Tungsten Carbide Powder?
“Highest Demand for Tungsten Carbide Powder from Construction & Mining Sectors”
The mining and construction segment is expected to account for a major revenue share in the global tungsten carbide powder market. This segment is expected to rise at a CAGR of 7.3% over the forecast period and will account for a net revenue total of US$ 9.78 billion by the end of 2032.
Increasing investments in infrastructure development by governments across the world and rising urbanization are expected to bolster the growth of this segment as far as tungsten carbide powder consumption is concerned, and also drive demand for tungsten carbide band saw blades in parallel.
Demand for tungsten carbide thermal spray powder, tungsten titanium carbide powder, spherical tungsten carbide powder, and tungsten carbide welding powder is expected to be high from the mining and construction end-use segment.
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Did COVID-19 Slow Down Sales of Tungsten Carbide Powder?
The unprecedented outbreak of coronavirus infections in 2020 resulted in a global pandemic situation and caused multiple markets to topple under adverse conditions. Lockdowns were imposed to control the spread of infections and these lockdown restrictions resulted in the closure of multiple manufacturing facilities which in turn disrupted the tungsten carbide market.
A decline in construction activity resulted in the low usage of tungsten carbide powder in the construction industry, and hence, had a negative impact on the overall growth trend of the market. Demand for tungsten carbide powder in the mining industry also took a hit and further led to decreased demand for tungsten carbide powder.
Tungsten carbide powder manufacturers are expected to resort to various strategies to boost their business potential in the post-pandemic world. The tungsten carbide powder market is expected to evolve at a steady pace in the post-pandemic era as restrictions are lifted and the world returns to normal.
Competitive Landscape
Tungsten carbide powder manufacturers are deploying various organic and inorganic strategies to increase their market presence on a global scale, especially after the setback that the COVID-19 pandemic provided.
The tungsten carbide powder market is partially fragmented in nature and is expected to offer lucrative opportunities for new entrants as well as established market players over the years ahead.
Key Segments Covered in Tungsten Carbide Powder Industry Research
-
Tungsten Carbide Powder Market by Application :
- Mining Tools & Components
- Cutting Tools
- Dies & Punching
- Abrasive Products
- Other Applications
-
Tungsten Carbide Powder Market by End Use :
- Tungsten Carbide Powder for Mining & Tungsten Carbide Powder for Construction
- Industrial Engineering
- Transportation
- Oil & Gas
- Aerospace & Defense
- Other End Uses
-
Tungsten Carbide Powder Market by Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Application Modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Application USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Application launches 5.2.2. Cost of Applications 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1.1. Current COVID19 Statistics and Probable Future Impact 6.1.2. Current GDP Projection and Probable Impact 6.1.3. Current Economic Projection as Compared to 2008 Economic analysis 6.1.4. COVID19 and Impact Analysis 6.1.4.1. Revenue By Application 6.1.4.2. Revenue By End Use 6.1.4.3. Revenue By Country 6.1.5. 2021 Market Scenario 6.1.6. Quarter by Quarter Forecast 6.1.7. Projected Recovery Quarter 7. Global Tungsten Carbide Powder Market Volume (Units) Analysis 2017-2021 and Forecast, 2022-2032 7.1. Historical Market Volume (Units) Analysis, 2017-2021 7.2. Current and Future Market Volume (Units) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Tungsten Carbide Powder Market - Pricing Analysis 8.1. Regional Pricing Analysis By Application 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Tungsten Carbide Powder Market Value Analysis 2017–2021 and Forecast, 2022-2032 9.1. Historical Market Value (US$ Mn) Analysis, 2017–2021 9.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032, by Application 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Applications & Services, 2017–2021 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2022-2032 10.3.1. Mining Tools & Components 10.3.2. Cutting Tools 10.3.3. Dies & Punching 10.3.4. Abrasive Products 10.3.5. Other Applications 10.4. Market Attractiveness Analysis By Application 11. Global Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032, by End Use 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End Use , 2017–2021 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Use , 2022-2032 11.3.1. Mining & Construction 11.3.2. Industrial Engineering 11.3.3. Transportation 11.3.4. Oil & Gas 11.3.5. Aerospace & Defense 11.3.6. Other End Uses 11.4. Market Attractiveness Analysis By End Use 12. Global Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2017–2021 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2022-2032 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Application 13.3.3. By End Use 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Application 14.3.3. By End Use 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Application 15.3.3. By End Use 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Application 16.3.3. By End Use 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Application 17.3.3. By End Use 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Application 18.3.3. By End Use 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Application 19.3.3. By End Use 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Tungsten Carbide Powder Market Analysis 2017–2021 and Forecast 2022-2032 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Tungsten Carbide Powder Market Analysis 20.2.1. By Application 20.2.2. By End Use 20.3. Canada Tungsten Carbide Powder Market Analysis 20.3.1. By Application 20.3.2. By End Use 20.4. Mexico Tungsten Carbide Powder Market Analysis 20.4.1. By Application 20.4.2. By End Use 20.5. Brazil Tungsten Carbide Powder Market Analysis 20.5.1. By Application 20.5.2. By End Use 20.6. U.K. Tungsten Carbide Powder Market Analysis 20.6.1. By Application 20.6.2. By End Use 20.7. Germany Tungsten Carbide Powder Market Analysis 20.7.1. By Application 20.7.2. By End Use 20.8. France Tungsten Carbide Powder Market Analysis 20.8.1. By Application 20.8.2. By End Use 20.9. Italy Tungsten Carbide Powder Market Analysis 20.9.1. By Application 20.9.2. By End Use 20.10. Spain Tungsten Carbide Powder Market Analysis 20.10.1. By Application 20.10.2. By End Use 20.11. BENELUX Tungsten Carbide Powder Market Analysis 20.11.1. By Application 20.11.2. By End Use 20.12. Russia Tungsten Carbide Powder Market Analysis 20.12.1. By Application 20.12.2. By End Use 20.13. China Tungsten Carbide Powder Market Analysis 20.13.1. By Application 20.13.2. By End Use 20.14. Japan Tungsten Carbide Powder Market Analysis 20.14.1. By Application 20.14.2. By End Use 20.15. South Korea Tungsten Carbide Powder Market Analysis 20.15.1. By Application 20.15.2. By End Use 20.16. India Tungsten Carbide Powder Market Analysis 20.16.1. By Application 20.16.2. By End Use 20.17. ASEAN Tungsten Carbide Powder Market Analysis 20.17.1. By Application 20.17.2. By End Use 20.18. Australia Tungsten Carbide Powder Market Analysis 20.18.1. By Application 20.18.2. By End Use 20.19. New Zealand Tungsten Carbide Powder Market Analysis 20.19.1. By Application 20.19.2. By End Use 20.20. GCC Countries Tungsten Carbide Powder Market Analysis 20.20.1. By Application 20.20.2. By End Use 20.21. Turkey Tungsten Carbide Powder Market Analysis 20.21.1. By Application 20.21.2. By End Use 20.22. South Africa Tungsten Carbide Powder Market Analysis 20.22.1. By Application 20.22.2. By End Use 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Application foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Kennametal Inc. 22.3.1.1. Overview 22.3.1.2. Application Portfolio 22.3.1.3. Profitability by Market Segments (Application/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.1.5.1. Marketing Strategy 22.3.1.5.2. Application Strategy 22.3.1.5.3. Channel Strategy 22.3.2. Extramet 22.3.2.1. Overview 22.3.2.2. Application Portfolio 22.3.2.3. Profitability by Market Segments (Application/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.2.5.1. Marketing Strategy 22.3.2.5.2. Application Strategy 22.3.2.5.3. Channel Strategy 22.3.3. Sandvik AB 22.3.3.1. Overview 22.3.3.2. Application Portfolio 22.3.3.3. Profitability by Market Segments (Application/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.3.5.1. Marketing Strategy 22.3.3.5.2. Application Strategy 22.3.3.5.3. Channel Strategy 22.3.4. Guangdong Xianglu Tungsten Co. Ltd. 22.3.4.1. Overview 22.3.4.2. Application Portfolio 22.3.4.3. Profitability by Market Segments (Application/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.4.5.1. Marketing Strategy 22.3.4.5.2. Application Strategy 22.3.4.5.3. Channel Strategy 22.3.5. Federal Carbide Company 22.3.5.1. Overview 22.3.5.2. Application Portfolio 22.3.5.3. Profitability by Market Segments (Application/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.5.5.1. Marketing Strategy 22.3.5.5.2. Application Strategy 22.3.5.5.3. Channel Strategy 22.3.6. Ceratizit S.A. 22.3.6.1. Overview 22.3.6.2. Application Portfolio 22.3.6.3. Profitability by Market Segments (Application/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.6.5.1. Marketing Strategy 22.3.6.5.2. Application Strategy 22.3.6.5.3. Channel Strategy 22.3.7. Japan New Metal Co. Ltd. 22.3.7.1. Overview 22.3.7.2. Application Portfolio 22.3.7.3. Profitability by Market Segments (Application/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.7.5.1. Marketing Strategy 22.3.7.5.2. Application Strategy 22.3.7.5.3. Channel Strategy 22.3.8. China Tungsten Online (Xiamen) Manu. & Sales Corp. 22.3.8.1. Overview 22.3.8.2. Application Portfolio 22.3.8.3. Profitability by Market Segments (Application/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 22.3.8.5.1. Marketing Strategy 22.3.8.5.2. Application Strategy 22.3.8.5.3. Channel Strategy 22.3.9. Nanchang Cemented Carbide Co. Ltd. 22.3.9.1. Overview 22.3.9.2. Application Portfolio 22.3.9.3. Profitability by Market Segments (Application/Channel/Region) 22.3.9.4. Sales Footprint 22.3.9.5. Strategy Overview 22.3.9.5.1. Marketing Strategy 22.3.9.5.2. Application Strategy 22.3.9.5.3. Channel Strategy 22.3.10. Jiangxi Yaosheng Tungsten Co. Ltd. 22.3.10.1. Overview 22.3.10.2. Application Portfolio 22.3.10.3. Profitability by Market Segments (Application/Channel/Region) 22.3.10.4. Sales Footprint 22.3.10.5. Strategy Overview 22.3.10.5.1. Marketing Strategy 22.3.10.5.2. Application Strategy 22.3.10.5.3. Channel Strategy 22.3.11. Eurotungstene 22.3.11.1. Overview 22.3.11.2. Application Portfolio 22.3.11.3. Profitability by Market Segments (Application/Channel/Region) 22.3.11.4. Sales Footprint 22.3.11.5. Strategy Overview 22.3.11.5.1. Marketing Strategy 22.3.11.5.2. Application Strategy 22.3.11.5.3. Channel Strategy 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Tungsten Carbide Powder Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017–2032, By Application
Table 02: Global Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 03: Global Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 04: Global Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Region
Table 05: North America Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 06: North America Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 07: North America Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 08: Latin America Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 09: Latin America Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 10: Latin America Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 11: Europe Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 12: Europe Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 13: Europe Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 14: South Asia Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 15: South Asia Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 16: South Asia Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 17: East Asia Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 18: East Asia Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 19: East Asia Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 20: Oceania Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 21: Oceania Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 22: Oceania Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 23: Middle East and Africa Tungsten Carbide Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 24: Middle East and Africa Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Application
Table 25: Middle East and Africa Tungsten Carbide Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
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List Of Figures
Figure 01: Global Tungsten Carbide Powder Market Volume (in 000' Units) Analysis, 2017-2021
Figure 02: Global Tungsten Carbide Powder Market Volume Forecast (in 000' Units), 2022-2032
Figure 03: Tungsten Carbide Powder Pricing Analysis (US$) Per Application, By Region, 2021
Figure 04: Tungsten Carbide Powder Pricing Analysis (US$) Per Application, By Region, 2021
Figure 05: Global Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 06: Global Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 07: Global Tungsten Carbide Powder Market Absolute $ Opportunity, 2022-2032
Figure 08: Global Tungsten Carbide Powder Market Share Analysis (%), By Application, 2022-2032
Figure 09: Global Tungsten Carbide Powder Market Y-o-Y Analysis (%), By Application, 2022-2032
Figure 10: Global Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 11: Global Tungsten Carbide Powder Market Share Analysis (%), By End Use, 2022-2032
Figure 12: Global Tungsten Carbide Powder Market Y-o-Y Analysis (%), By End Use, 2022-2032
Figure 13: Global Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 14: Global Tungsten Carbide Powder Market Share Analysis (%), By Region, 2022-2032
Figure 15: Global Tungsten Carbide Powder Market Y-o-Y Analysis (%), By Region, 2022-2032
Figure 16: Global Tungsten Carbide Powder Market Attractiveness Analysis by Region, 2022-2032
Figure 17: North America Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 18: North America Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 19: North America Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 20: North America Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 21: North America Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 22: North America Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 23: North America Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 24: North America Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 25: Latin America Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 26: Latin America Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 27: Latin America Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 29: Latin America Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 30: Latin America Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 31: Latin America Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 32: Latin America Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 33: Europe Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 34: Europe Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 35: Europe Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 36: Europe Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 37: Europe Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 38: Europe Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 39: Europe Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 40: Europe Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 41: South Asia Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 42: South Asia Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 43: South Asia Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 45: South Asia Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 46: South Asia Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 47: South Asia Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 48: South Asia Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 49: East Asia Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 50: East Asia Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 51: East Asia Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 53: East Asia Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 54: East Asia Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 55: East Asia Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 56: East Asia Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 57: Oceania Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 58: Oceania Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 59: Oceania Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 61: Oceania Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 62: Oceania Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 63: Oceania Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 64: Oceania Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 65: Middle East and Africa Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 66: Middle East and Africa Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 67: Middle East and Africa Tungsten Carbide Powder Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 69: Middle East and Africa Tungsten Carbide Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 70: Middle East and Africa Tungsten Carbide Powder Market Attractiveness Analysis by Application, 2022-2032
Figure 71: Middle East and Africa Tungsten Carbide Powder Market Attractiveness Analysis by End Use, 2022-2032
Figure 72: Middle East and Africa Tungsten Carbide Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 73: U. S. Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 74: U. S. Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 75: U. S. Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 76: Canada Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 77: Canada Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 78: Canada Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 79: Mexico Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Mexico Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 81: Mexico Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 82: Brazil Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 83: Brazil Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 84: Brazil Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 85: U. K. Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U. K. Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 87: U. K. Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 88: Germany Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 89: Germany Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 90: Germany Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 91: France Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: France Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 93: France Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 94: Italy Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 95: Italy Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 96: Italy Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 97: Spain Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: Spain Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 99: Spain Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 100: Russia Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 101: Russia Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 102: Russia Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 103: China Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: China Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 105: China Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 106: Japan Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 107: Japan Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 108: Japan Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 109: South Korea Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: South Korea Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 111: South Korea Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 112: India Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 113: India Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 114: India Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 115: ASEAN Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: ASEAN Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 117: ASEAN Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 118: Australia Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 119: Australia Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 120: Australia Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 121: New Zealand Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: New Zealand Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 123: New Zealand Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 124: GCC Countries Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 125: GCC Countries Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 126: GCC Countries Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 127: Turkey Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 128: Turkey Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 129: Turkey Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Figure 130: South Africa Tungsten Carbide Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 131: South Africa Tungsten Carbide Powder Market Value Share, By Application, 2022 (E)
Figure 132: South Africa Tungsten Carbide Powder Market Value Share, By End Use, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the tungsten carbide powder market value in 2022?
Currently, the global tungsten carbide powder market is worth US$ 19.97 billion.
How big will the tungsten carbide powder market be by 2032?
By 2032, the tungsten carbide powder market is projected to reach a valuation of US$ 35.64 billion.
At what CAGR is the market predicted to progress over the forecast period?
Consumption of tungsten carbide powder is predicted to increase at a CAGR of 6% from 2022 to 2032.
How is the demand for tungsten carbide powder shaping up in China?
The China tungsten carbide powder market is expected to progress at a CAGR of 6.6% and end up with a value of US$ 4.46 billion by 2032.
How will the mining & construction segment perform through 2032?
The mining and construction end-use segment is anticipated to expand at a CAGR of 7.3% and account for US$ 9.78 billion by 2032.
Which key tungsten carbide powder suppliers are profiled in this research?
Key tungsten carbide powder manufacturers are Kennametal Inc., Extramet, Sandvik AB, Guangdong Xianglu Tungsten Co. Ltd., Federal Carbide Company, Ceratizit S.A., Japan New Metal Co. Ltd., and China Tungsten Online (Xiamen) Manu. & Sales Corp.