Global Tungsten Carbide Market 2017-2021

  • ID: 4316449
  • Report
  • Region: Global
  • 94 pages
  • TechNavio
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FEATURED COMPANIES

  • Buffalo Tungsten
  • Chengdu Linray Carbide
  • CY CARBIDE
  • DMEGC
  • H.C. Starck
  • Lineage Alloys
  • MORE
About Tungsten Carbide

Tungsten carbide is an inorganic compound that contains tungsten and carbide in equal proportions. Owing to its extraordinary hardness (three times that of steel), tensile strength, and wear resistance, it is used in a wide range of applications such as machine tools, cuttings tools, dies, punches, abrasives, and many other applications. It serves end markets such as mining and construction, automotive, power generation and fluid power manufacturing, aerospace and defense, and others.

The analysts forecast the global tungsten carbide market to grow at a CAGR of 5.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global tungsten carbide market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • Europe
  • ROW
The report, Global Tungsten Carbide Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carborundum Universal
  • CY CARBIDE
  • H.C. Starck
  • Kennametal
  • Nanchang Cemented Carbide
  • Sandvik
Other prominent vendors
  • Buffalo Tungsten
  • Chengdu Linray Carbide
  • Chengdu WOCO Carbide Industry
  • ChinaTungsten (Xiamen)
  • DAAO Industry
  • DMEGC
  • Global Tungsten & Powders
  • Lineage Alloys
  • Reade International
  • Sinter Sud
  • Total Carbide
  • Ultra Carbide
  • Zigong Huagang Cemented Carbide New Material
Market drivers
  • Recycling of tungsten from scrap
  • For a full, detailed list, view the full report
Market challenges
  • Economic slowdown in China
  • For a full, detailed list, view the full report
Market trends
  • Emerging applications of tungsten carbide
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Buffalo Tungsten
  • Chengdu Linray Carbide
  • CY CARBIDE
  • DMEGC
  • H.C. Starck
  • Lineage Alloys
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end product
  • Global tungsten carbide market by end product
  • Global tungsten carbide market in machine components and tools segment
  • Global tungsten carbide market in cutting and drilling tools segment
  • Global tungsten carbide market in dies and punches segment
  • Global tungsten carbide market in abrasives segment
  • Global tungsten carbide market in other end products segment
PART 07: Market segmentation end market
  • Global tungsten carbide market by end market
  • Global tungsten carbide market in mining and construction segment
  • Global tungsten carbide market in automotive segment
  • Global tungsten carbide market in power generation and fluid power manufacturing segment
  • Global tungsten carbide market in oil and gas segment
  • Global tungsten carbide market in aerospace and defense segment
  • Global tungsten carbide market in other end markets
PART 08: Geographical segmentation
  • Global tungsten carbide market by geography
  • Tungsten carbide market in APAC
  • Tungsten carbide market in Americas
  • Tungsten carbide market in Europe
  • Tungsten carbide market in ROW
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Emerging applications of tungsten carbide
  • New mining projects
  • Opportunities in emerging economies
  • Tungsten carbide: Emerging alternative to depleted uranium reserves
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Carborundum Universal
  • CY CARBIDE
  • H.C. Starck
  • Kennametal
  • Nanchang Cemented Carbide
  • Sandvik
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of global tungsten carbide market by end product
Exhibit 02: Segmentation of global tungsten carbide market by end market
Exhibit 03: Segmentation of global tungsten carbide market by geography
Exhibit 04: Global tungsten carbide market in 2016 and 2021 ($ billions)
Exhibit 05: Market forecast: Global tungsten carbide market 2016-2021
Exhibit 06: Five forces analysis
Exhibit 07: Global tungsten carbide market by end product 2016
Exhibit 08: Global tungsten carbide market by end product 2021
Exhibit 09: Global tungsten carbide market by end product 2016 and 2021
Exhibit 10: Global tungsten carbide market in machine components and tools segment 2016 and 2021 ($ billions)
Exhibit 11: Market forecast: Global tungsten carbide market in machine components and tools segment 2016-2021
Exhibit 12: Global tungsten carbide market in cutting and drilling tools segment 2016 and 2021 ($ billions)
Exhibit 13: Market forecast: Global tungsten carbide market in cutting and drilling tools segment 2016-2021
Exhibit 14: Global tungsten carbide market in dies and punches segment 2016 and 2021 ($ billions)
Exhibit 15: Market forecast: Global tungsten carbide market in dies and punches segment 2016-2021
Exhibit 16: Global tungsten carbide market in abrasives segment 2016 and 2021 ($ billions)
Exhibit 17: Market forecast: Global tungsten carbide market in abrasives segment 2016-2021
Exhibit 18: Global tungsten carbide market in other end products segment 2016 and 2021 ($ billions)
Exhibit 19: Market forecast: Global tungsten carbide market in other end products segment 2016-2021
Exhibit 20: Global tungsten carbide market by end market 2016
Exhibit 21: Global tungsten carbide market by end market 2021
Exhibit 22: Global tungsten carbide market by end market 2016 and 2021
Exhibit 23: Global tungsten carbide market in mining and construction segment 2016 and 2021 ($ billions)
Exhibit 24: Market forecast: Global tungsten carbide market in mining and construction segment 2016-2021
Exhibit 25: Global tungsten carbide market in automotive segment 2016 and 2021 ($ billions)
Exhibit 26: Market forecast: Global tungsten carbide market in automotive segment 2016-2021
Exhibit 27: Global tungsten carbide market in power generation and fluid power manufacturing segment 2016 and 2021 ($ billions)
Exhibit 28: Market forecast: Global tungsten carbide market in power generation and fluid power manufacturing segment 2016-2021
Exhibit 29: Global tungsten carbide market in oil and gas segment 2016 and 2021 ($ billions)
Exhibit 30: Market forecast: Global tungsten carbide market in oil and gas segment 2016-2021
Exhibit 31: Global tungsten carbide market in aerospace and defense segment 2016 and 2021 ($ billions)
Exhibit 32: Market forecast: Global tungsten carbide market in aerospace and defense segment 2016-2021
Exhibit 33: Comparison: Tungsten carbide and substitute materials
Exhibit 34: Global tungsten carbide market in other end markets 2016 and 2021 ($ billions)
Exhibit 35: Market forecast: Global tungsten carbide market in other end markets 2016-2021
Exhibit 36: Global tungsten carbide market by geography 2016
Exhibit 37: Global tungsten carbide market by geography 2021
Exhibit 38: Tungsten carbide market in APAC 2016 and 2021 ($ billions)
Exhibit 39: Market forecast: Tungsten carbide market in APAC 2016-2021
Exhibit 40: Tungsten carbide market in Americas 2016 and 2021 ($ billions)
Exhibit 41: Market forecast: Tungsten carbide market in Americas 2016-2021
Exhibit 42: Tungsten carbide market in Europe 2016 and 2021 ($ billions)
Exhibit 43: Market forecast: Tungsten carbide market in Europe 2016-2021
Exhibit 44: Tungsten carbide market in ROW 2016 and 2021 ($ billions)
Exhibit 45: Market forecast: Tungsten carbide market in ROW 2016-2021
Exhibit 46: Applications and advantages of recycled tungsten
Exhibit 47: Global tungsten reserve statistics 2017
Exhibit 48: Tungsten carbide properties
Exhibit 49: List of other prominent vendors
Exhibit 50: Carborundum Universal: Business segmentation
Exhibit 51: CY CARBIDE: Business segmentation
Exhibit 52: CY CARBIDE: Tungsten Carbide portfolio
Exhibit 53: H.C. Starck: Business segmentation
Exhibit 54: H.C. Starck: Tungsten carbide products
Exhibit 55: Kennametal: Business segmentation by revenue 2016
Exhibit 56: Kennametal: Geographical segmentation by revenue 2016
Exhibit 57: Kennametal: Tungsten carbide product portfolio
Exhibit 58: Nanchang Cemented Carbide: Business segmentation
Exhibit 59: Nanchang Cemented Carbide: Tungsten carbide portfolio
Exhibit 60: Sandvik: Business segmentation by revenue 2016
Exhibit 61: Sandvik: Geographical segmentation by revenue 2016
Exhibit 62: Sandvik: Tungsten carbide portfolio
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FEATURED COMPANIES

  • Buffalo Tungsten
  • Chengdu Linray Carbide
  • CY CARBIDE
  • DMEGC
  • H.C. Starck
  • Lineage Alloys
  • MORE
New Report Released: - Global Tungsten Carbide Market 2017-2021

The author of the report recognizes the following companies as the key players in the global tungsten carbide market: Carborundum Universal, CY CARBIDE, H.C. Starck, Kennametal, Nanchang Cemented Carbide, and Sandvik.

Other Prominent Vendors in the market are: Buffalo Tungsten, Chengdu Linray Carbide, Chengdu WOCO Carbide Industry, ChinaTungsten (Xiamen), DAAO Industry, DMEGC, Global Tungsten & Powders, Lineage Alloys, Reade International, Sinter Sud, Total Carbide, Ultra Carbide, and Zigong Huagang Cemented Carbide New Material.

Commenting on the report, an analyst from the research team said: “One trend in the market is emerging applications of tungsten carbide. In addition to the use of tungsten carbide in machine tools, cutting tools, dies, punches, and abrasives, technological advancements are showcasing the rich prospect for the use of tungsten carbide for new emerging applications. One of the applications is the use of tungsten carbide as a reforming catalyst for the conversion of natural gas to hydrogen gas.”

According to the report, one driver in the market is recycling of tungsten from scrap. The global tungsten carbide market has witnessed a continuous growth over the past few decades, which resulted in an increasing consumption of tungsten. Recycling of tungsten carbide is gaining popularity with recent feasible and advanced techniques showcasing effective extraction of tungsten from scrap. Currently, two methods are in practice for tungsten carbide recycling, which include the direct method and the indirect method.

Further, the report states that one challenge in the market is economic slowdown in China. Recent weak economic conditions in China resulted in more tungsten supply and less consumption. As a result, a downward trend in the price of tungsten was observed during 2013-2015. As China is the leading producer of tungsten ores with more than 60% of the global share, the economic slowdown and downward price trend affected the global tungsten carbide market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Carborundum Universal
  • CY CARBIDE
  • H.C. Starck
  • Kennametal
  • Nanchang Cemented Carbide
  • Sandvik
  • Buffalo Tungsten
  • Chengdu Linray Carbide
  • Chengdu WOCO Carbide Industry
  • ChinaTungsten (Xiamen)
  • DAAO Industry
  • DMEGC
  • Global Tungsten & Powders
  • Lineage Alloys
  • Reade International
  • Sinter Sud
  • Total Carbide
  • Ultra Carbide
  • Zigong Huagang Cemented Carbide New Material
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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