+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Tungsten Carbide Market Outlook and Trends to 2028- Next wave of Growth Opportunities, Market Sizes, Shares, Types, and Applications, Countries, and Companies

  • PDF Icon

    Report

  • 130 Pages
  • March 2022
  • Region: Global
  • VPA Research
  • ID: 5566486

Introduction to Tungsten Carbide Markets in 2022

The global Tungsten Carbide market is a high potential growth market with a robust market size outlook and significant unmet opportunities for companies. The Tungsten Carbide market report is a comprehensive study on the global market size outlook, key market trends, growth opportunities, market shares, potential types, and prominent end-user applications. It also provides detailed insights into countries and Tungsten Carbide companies.

Tungsten Carbide Market Size outlook from 2020 to 2028

The study presents the latest perspectives on the coronavirus outbreak and how companies are shaping their strategies for 2022 and rest of the forecast period to 2028. Robust growth forecasts suggest opportunities for growth through the period from 2020 to 2028.

Many Tungsten Carbide companies have evolved over the past few quarters by adapting quickly to the market changes and driving performance improvements through a focus on operational efficiency. The successful Tungsten Carbide companies reshaped their portfolios and oriented themselves toward faster-growing end-user industry verticals and countries.

Tungsten Carbide Market Dynamics- Trends, Drivers and Restraints

To assist long-term strategy formulation of companies, the Tungsten Carbide market study presents detailed insights into the market. Market dynamics including near-term and long-term Tungsten Carbide market trends, Tungsten Carbide drivers, challenges, and potential opportunities are included.

As the global Tungsten Carbide market continues to evolve through different challenges of sustainability, demographics, geopolitical tensions, the increasing role of technology, companies must prioritize their products and formulate long-term strategies to boost revenues and EBITDA. As the revenues in the chemical industry are tied to economic development, formulating a successful strategy for chemical companies is more complicated.

The chapter assists Tungsten Carbide market players to understand global and local market dynamics to gain a strong competitive advantage to drive margins in a durable way.

Tungsten Carbide types- Market Shares, Analysis, and Outlook

Leading Tungsten Carbide companies are focusing on aggressive capital allocation to capture new areas of growth. To assist companies to identify leading types and achieve improved margins, the report presents an analysis and outlook of dominant market types. Each of the sub-type of Tungsten Carbide is forecast from 2020 to 2028. Further, the largest and most promising types are identified in the report.

Promising Tungsten Carbide applications- Market Shares, Analysis, and Outlook

The Tungsten Carbide industry remains an attractive hub of opportunities with companies ramping up sales in select end-user applications. With the growing demand in Tungsten Carbide industry verticals, capturing emerging opportunities in the near term through expansion into higher margin and growth applications is one of the key growth strategies of leading companies.

To understand different end-user applications of Tungsten Carbide and to assess the potential growth rate over the decade to 2028, the report presents the global Tungsten Carbide market size by applications and the annual growth outlook from 2020 to 2028.

Tungsten Carbide Market- Next pockets of growth to 2030

As leading companies orient themselves towards faster-growing markets and countries, the report presents a detailed analysis of 16 markets worldwide. To enable capturing emerging opportunities in the near term, the report presents annual forecasts of Tungsten Carbide market size in each of these countries. The market is shifting to customer-centric solutions, and Tungsten Carbide companies are prioritizing and tapping the value-creating potential of emerging markets.

Between 2022 and 2028, the compound annual growth rate (CAGR) in emerging Tungsten Carbide markets is poised to be much higher than the global Tungsten Carbide industry market revenues, encouraging companies to tap into these opportunities to expand their profit margins.

Analysis of leading Tungsten Carbide companies

The COVID-19 pandemic led to uncertainty, delayed investments, supply-chain changes, and increased localization. However, with the impact of the pandemic, companies are opting for ambitious cost and performance targets to achieve margin improvements. Collaboration across the value chain is identified as one of the key strategies for market development. In addition, tech-enabled, consumer-centric solutions are widely observed trends in the industry.

The report profiles the leading companies operating in global Tungsten Carbide markets and the key strategies opted by these companies to beat the competition in the intensely competitive market. Further, business profiles of the players, their SWOT analysis, product portfolios, financial profiles, and other details.

Tungsten Carbide Market News and Developments

Recent market developments including mergers, acquisitions, new plants, capacity expansions, and other deals and news are provided in the report.

Tungsten Carbide Market Statistics

The study presents the Tungsten Carbide market size and forecast across types, applications, and 16 countries. The currency for the report is provided in USD. Currency conversion is taken based on the average of the corresponding year.

The historical period from 2016 to 2020 is considered historical years, 2021 is the base year, and 2022 is the estimated year. Further, the forecast period is considered from 2022 to 2028.

COVID-19 Impact and Growth Scenarios

The COVID-19 had a significant impact on companies across the Tungsten Carbide industry. With vaccination being rolled out worldwide, the recovery in the Tungsten Carbide market is more optimistic for 2022 and beyond. Overall, the global Tungsten Carbide market is forecast across multiple growth scenarios including low growth, reference case, and high growth case scenarios.

Market Scope and Coverage

Market Overview- Comprehensive analysis of the market size in 2021 and 2022

Strategic Analysis Review- Market dynamics including trends, drivers, restraints, opportunities, five forces analysis

Macroeconomic and Demographic Factors- GDP forecasts, population outlook across markets

Market Segmentation- Key types, applications, and end-user verticals, along with the largest, fastest-growing types through 2020 to 2028

Geographic coverage- 16 countries across six regions including the US, Canada, Mexico, India, China, Japan, South Korea, Germany, France, Spain, UK, Italy, Brazil, Argentina, South Africa, Saudi Arabia, and the UAE.

Companies- Leading five players and their business profiles, SWOT analysis, products, financial profiles

COVID recovery scenarios- Three recovery cases including low growth, reference case, and high growth

Reasons to Buy

The report will help market leaders/new entrants in this market in the following ways:
  • To get a comprehensive understanding of the markets in 2021, 2022, and outlook through 2028
  • Gain detailed insights into the global market trends through the Strategic analysis review chapter
  • Use the analysis on types and applications across countries to orient your strategies and efforts toward faster-growing end markets and geographies.
  • Stay ahead of the competition through detailed insights into the key strategies in the competitive landscape
  • Identify most promising growth markets through detailed analysis and outlook of developed and developing countries

Table of Contents

1. Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Market Scope and Segmentation
1.4 Research Methodology
1.4.1 Sources
1.4.2 Currency conversion rates for US$
1.4.3 Data Triangulation
1.4.4 Forecast methodology
1.4.5 Assumptions, Inclusions, and Exclusions
1.5 Abbreviations
1.6 Sources and Research Methodology
2 Executive Summary
2.1 Introduction to Global Bio based Tungsten Carbide Markets in 2022
2.2 Salient Bio based Tungsten Carbide Market Statistics, 2021
2.3 Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
2.4 Potential Growth Opportunities to 2028
3 Premium Insights
3.1 Largest and Fastest Growing Bio based Tungsten Carbide Types between 2022 and 2028
3.2 Largest and Fastest Growing Bio based Tungsten Carbide Applications between 2022 and 2028
3.3 Growth opportunities in Emerging countries
4 Market Strategic Analysis Review
4.1 Market Dynamics
4.2 Key Bio based Tungsten Carbide Market Driving Factors
4.3 Potential Challenges Facing Bio based Tungsten Carbide Companies
4.4 Bio based Tungsten Carbide Market Trends
4.5 Five Forces Analysis
4.5.1 Power of Buyers
4.5.2 Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Rivalry
5 Impact of COVID-19: Implications for Bio based Tungsten Carbide Business
5.1 Impact of COVID-19 on Bio based Tungsten Carbide Industry
5.2 Impact of COVID-19 on end-user industries
5.3 Recovery Scenarios- Low Growth Case
5.4 Recovery Scenarios- Reference Case
5.5 Recovery Scenarios- High Growth Case
6 Bio based Tungsten Carbide Market Size Outlook across Types
6.1 Leading Bio based Tungsten Carbide Types in 2022
6.2 Largest and Fastest Growing Bio based Tungsten Carbide Types
6.3 Bio based Tungsten Carbide Market Size Outlook by Type, 2020- 2028
7 Bio based Tungsten Carbide Market Size Outlook across Applications
7.1 Leading Bio based Tungsten Carbide Applications in 2022
7.2 Largest and Fastest Growing Bio based Tungsten Carbide Applications
7.3 Bio based Tungsten Carbide Market Size Outlook by Type, 2020- 2028
8 Bio based Tungsten Carbide Market Size Outlook across Regions
8.1 Bio based Tungsten Carbide Market Size Forecast in 7MM markets
8.2 Bio based Tungsten Carbide Market Size Forecast in emerging markets
9 North America Bio based Tungsten Carbide Market size outlook
9.1 North America Bio based Tungsten Carbide Market Outlook across Product Types, 2020- 2028
9.2 North America Bio based Tungsten Carbide Market Outlook across Application verticals, 2020- 2028
9.3 North America Bio based Tungsten Carbide Market Outlook by Country
9.3.1 US Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
9.3.2 Canada Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
9.3.3 Mexico Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10 Europe Bio based Tungsten Carbide Market size outlook
10.1 Europe Bio based Tungsten Carbide Market Outlook across Product Types, 2020- 2028
10.2 Europe Bio based Tungsten Carbide Market Outlook across Application verticals, 2020- 2028
10.3 Europe Bio based Tungsten Carbide Market Outlook by Country
10.3.1 Germany Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10.3.2 France Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10.3.3 Spain Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10.3.4 UK Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10.3.5 Italy Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10.3.6 Russia Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
10.3.7 Other Europe Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11 Asia Pacific Bio based Tungsten Carbide Market size outlook
11.1 Asia Pacific Bio based Tungsten Carbide Market Outlook across Product Types, 2020- 2028
11.2 Asia Pacific Bio based Tungsten Carbide Market Outlook across Application verticals, 2020- 2028
11.3 Asia Pacific Bio based Tungsten Carbide Market Outlook by Country
11.3.1 China Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11.3.2 India Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11.3.3 Japan Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11.3.4 South Korea Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11.3.5 Indonesia Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11.3.6 South East Asia Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
11.3.7 Other Asia Pacific Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
12 Latin America Bio based Tungsten Carbide Market size outlook
12.1 Latin America Bio based Tungsten Carbide Market Outlook across Product Types, 2020- 2028
12.2 Latin America Bio based Tungsten Carbide Market Outlook across Application verticals, 2020- 2028
12.3 Latin America Bio based Tungsten Carbide Market Outlook by Country
12.3.1 Brazil Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
12.3.2 Argentina Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
12.3.3 Other Latin America Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
13 Middle East Bio based Tungsten Carbide Market size outlook
13.1 Middle East Bio based Tungsten Carbide Market Outlook across Product Types, 2020- 2028
13.2 Middle East Bio based Tungsten Carbide Market Outlook across Application verticals, 2020- 2028
13.3 Middle East Bio based Tungsten Carbide Market Outlook by Country
13.3.1 Saudi Arabia Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
13.3.2 The UAE Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
13.3.3 Other Middle East Market Size Outlook, 2020- 2028
14 Africa Bio based Tungsten Carbide Market size outlook
14.1 Africa Bio based Tungsten Carbide Market Outlook across Product Types, 2020- 2028
14.2 Africa Bio based Tungsten Carbide Market Outlook across Application verticals, 2020- 2028
14.3 Africa Bio based Tungsten Carbide Market Outlook by Country
14.3.1 South Africa Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
14.3.2 Nigeria Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
14.3.3 Egypt Bio based Tungsten Carbide Market Size Outlook, 2020- 2028
14.3.3 Other Africa Market Size Outlook, 2020- 2028
15 Competitive Landscape
15.1 Leading Companies Profiled in the Report
15.2 Company Snapshot
15.2.1 SWOT Profiles
15.2.2 Financial Analysis
Appendix
A1: Global Chemicals Market Outlook to 2030
A2: GDP Outlook of Leading Countries, 2010- 2030
A3: Population Forecasts in Leading Countries, 2010- 2030
A4: Total Investment (% of GDP), 2010- 2030
A5: Inflation and Unemployment Rate trends by country, 2010- 2030
A6: Publisher’s Expertise
A7: Licensing Types
A8: Contact Information
LIST OF TABLES
Table 1: Bio based Tungsten Carbide Industry Snapshot, 2021
Table 2: Year-on-Year Market Size Growth Outlook to 2028
Table 3: Bio based Tungsten Carbide Market Revenue by Region, 2021
Table 4: COVID-19 Implications- Low Growth Case Scenario Forecasts
Table 5: COVID-19 Implications- Reference Case Scenario Forecasts
Table 6: COVID-19 Implications- High Growth Case Scenario Forecasts
Table 7: Global Bio based Tungsten Carbide Market Outlook by Type, US$ Million, 2020- 2028
Table 8: Global Bio based Tungsten Carbide Market Outlook by Application, US$ Million, 2020- 2028
Table 9: Global Bio based Tungsten Carbide Market Outlook by End-User Industry, US$ Million, 2020- 2028
Table 10: North America Bio based Tungsten Carbide Market - Salient Statistics, 2021
Table 11: North America Bio based Tungsten Carbide Market Size Outlook, US$ Million, 2020- 2028
Table 12: North America Bio based Tungsten Carbide Market Size Outlook by Type, US$ Million, 2020- 2028
Table 13: North America Bio based Tungsten Carbide Market Size Outlook by Application, US$ Million, 2020- 2028
Table 14: North America Bio based Tungsten Carbide Market Size Outlook by End-User Industry, US$ Million, 2020- 2028
Table 15: Europe Bio based Tungsten Carbide Market - Salient Statistics, 2021
Table 16: Europe Bio based Tungsten Carbide Market Size Outlook, US$ Million, 2020- 2028
Table 17: Europe Bio based Tungsten Carbide Market Size Outlook by Type, US$ Million, 2020- 2028
Table 18: Europe Bio based Tungsten Carbide Market Size Outlook by Application, US$ Million, 2020- 2028
Table 19: Europe Bio based Tungsten Carbide Market Size Outlook by End-User Industry, US$ Million, 2020- 2028
Table 20: Asia Pacific Bio based Tungsten Carbide Market - Salient Statistics, 2021
Table 21: Asia Pacific Bio based Tungsten Carbide Market Size Outlook, US$ Million, 2020- 2028
Table 22: Asia Pacific Bio based Tungsten Carbide Market Size Outlook by Type, US$ Million, 2020- 2028
Table 23: Asia Pacific Bio based Tungsten Carbide Market Size Outlook by Application, US$ Million, 2020- 2028
Table 24: Asia Pacific Bio based Tungsten Carbide Market Size Outlook by End-User Industry, US$ Million, 2020- 2028
Table 25: Latin America Bio based Tungsten Carbide Market - Salient Statistics, 2021
Table 26: Latin America Bio based Tungsten Carbide Market Size Outlook, US$ Million, 2020- 2028
Table 27: Latin America Bio based Tungsten Carbide Market Size Outlook by Type, US$ Million, 2020- 2028
Table 28: Latin America Bio based Tungsten Carbide Market Size Outlook by Application, US$ Million, 2020- 2028
Table 29: Latin America Bio based Tungsten Carbide Market Size Outlook by End-User Industry, US$ Million, 2020- 2028
Table 30: Middle East Bio based Tungsten Carbide Market - Salient Statistics, 2021
Table 31: Middle East Bio based Tungsten Carbide Market Size Outlook, US$ Million, 2020- 2028
Table 32: Middle East Bio based Tungsten Carbide Market Size Outlook by Type, US$ Million, 2020- 2028
Table 33: Middle East Bio based Tungsten Carbide Market Size Outlook by Application, US$ Million, 2020- 2028
Table 34: Middle East Bio based Tungsten Carbide Market Size Outlook by End-User Industry, US$ Million, 2020- 2028
Table 35: Africa Bio based Tungsten Carbide Market - Salient Statistics, 2021
Table 36: Africa Bio based Tungsten Carbide Market Size Outlook, US$ Million, 2020- 2028
Table 37: Africa Bio based Tungsten Carbide Market Size Outlook by Type, US$ Million, 2020- 2028
Table 38: Africa Bio based Tungsten Carbide Market Size Outlook by Application, US$ Million, 2020- 2028
Table 39: Africa Bio based Tungsten Carbide Market Size Outlook by End-User Industry, US$ Million, 2020- 2028
Table 40: Bio based Tungsten Carbide Market - Leading Companies
LIST OF EXHIBITS
Figure 1: Y-o-Y Bio based Tungsten Carbide Market Growth to 2028
Figure 2: Bio based Tungsten Carbide Market Share by Region, 2021
Figure 3: Bio based Tungsten Carbide Market Growth Potential by Country, 2022-2028
Figure 4: Bio based Tungsten Carbide Market Growth Potential across Types, 2022- 2028
Figure 5: Bio based Tungsten Carbide Market Growth Potential across Applications, 2022-2028
Figure 6: COVID-19 Implications- Growth comparison across scenarios
Figure 7: US Bio based Tungsten Carbide Market Size Outlook
Figure 8: Canada Bio based Tungsten Carbide Market Size Outlook
Figure 9: Mexico Bio based Tungsten Carbide Market Size Outlook
Figure 10: Germany Bio based Tungsten Carbide Market Size Outlook
Figure 11: UK Bio based Tungsten Carbide Market Size Outlook
Figure 12: Spain Bio based Tungsten Carbide Market Size Outlook
Figure 13: France Bio based Tungsten Carbide Market Size Outlook
Figure 14: Italy Bio based Tungsten Carbide Market Size Outlook
Figure 15: Russia Bio based Tungsten Carbide Market Size Outlook
Figure 16: Brazil Bio based Tungsten Carbide Market Size Outlook
Figure 17: Argentina Bio based Tungsten Carbide Market Size Outlook
Figure 18: China Bio based Tungsten Carbide Market Size Outlook
Figure 19: India Bio based Tungsten Carbide Market Size Outlook
Figure 20: Indonesia Bio based Tungsten Carbide Market Size Outlook
Figure 21: Japan Bio based Tungsten Carbide Market Size Outlook
Figure 22: South Korea Bio based Tungsten Carbide Market Size Outlook
Figure 23: South East Asia Bio based Tungsten Carbide Market Size Outlook
Figure 24: Rest of Asia Pacific Bio based Tungsten Carbide Market Size Outlook
Figure 25: Saudi Arabia Bio based Tungsten Carbide Market Size Outlook
Figure 26: UAE Bio based Tungsten Carbide Market Size Outlook
Figure 27: South Africa Bio based Tungsten Carbide Market Size Outlook
Figure 28: Egypt Bio based Tungsten Carbide Market Size Outlook
Figure 29: Rest of Middle East Bio based Tungsten Carbide Market Size Outlook
Figure 30: Rest of Africa Bio based Tungsten Carbide Market Size Outlook
Figure 31: GDP (PPP) Outlook by Country, 2010- 2030
Figure 32: Unemployment Rate by Country, 2010- 2030
Figure 33: Inflation Trends by Country, 2010- 2030
Figure 34: Total Investment (% of GDP) Forecasts