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

  • Kennametal Inc.
  • Extramet
  • Sandvik AB
  • Guangdong Xianglu Tungsten Co. Ltd.
  • Federal Carbide Company
  • Ceratizit S.A.
  • Japan New Metal Co. Ltd.
  • China Tungsten Online (Xiamen) Manu. & Sales Corp.
  • Nanchang Cemented Carbide Co. Ltd.
  • Jiangxi Yaosheng Tungsten Co. Ltd.
  • Eurotungstene

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.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

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%.

Tungsten carbide powder market forecast by Fact.MR

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.

Tungsten Carbide Powder Market

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