Global Tungsten Market 2022-2026 - Research and Markets

The publisher has been monitoring the tungsten market and it is poised to grow by 28.14 thousand MTPA during 2022-2026 progressing at a CAGR of 4.44% during the forecast period. The report on the tungsten market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the wide use of tungsten in integrated circuits and increasing demand for tungsten carbide from automotive industry.

The tungsten market analysis includes the product segment and geographic landscape.

The tungsten market is segmented as below:

By Product

Hard metal
Steel and alloys
Mill products
Others

By Geographical Landscape

APAC
Europe
North America
MEA
South America

This study identifies the vast reserves of tungsten ores in China as one of the prime reasons driving the tungsten market growth during the next few years.

The report on tungsten market covers the following areas:

Tungsten market sizing
Tungsten market forecast
Tungsten market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tungsten market vendors that include Almonty Industries Inc., AMC Group, Asia Tungsten Products Ltd, Buffalo Tungsten Inc., China Molybdenum Co. Ltd., China Tungsten Online Manu and Sales Corp., Dymet, Federal Carbide Co., Global Tungsten and Powders Corp., and GuangDong XiangLu Tungsten Co. Ltd. Also, the tungsten market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 1
Exhibit 03: Key Finding 2
Exhibit 04: Key Finding 3
Exhibit 05: Key Finding 4
Exhibit 06: Key Finding 5
Exhibit 07: Key Finding 5

2. Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market characteristics
2.2 Value chain analysis
Exhibit 10: Value chain analysis: Specialty Chemicals

3. Market Sizing
3.1 Market segment analysis
Exhibit 11: Market segments
3.2 Market size 2021
3.3 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 13: Global - Market size and forecast 2021 - 2026 (thousand MTPA)
Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 16: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 17: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 18: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 19: Threat of new entrants
4.5 Threat of substitutes
Exhibit 20: Threat of substitutes
4.6 Threat of rivalry
Exhibit 21: Threat of rivalry
4.7 Market condition
Exhibit 22: Market condition - Five forces 2021

5. Market Segmentation by Product
5.1 Market segments
Exhibit 22: Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 23: Comparison by Product
5.3 Hard metal - Market size and forecast 2021-2026
Exhibit 24: Hard metal - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 25: Hard metal - Year-over-year growth 2021-2026 (%)
5.4 Steel and alloys - Market size and forecast 2021-2026
Exhibit 26: Steel and alloys - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 27: Steel and alloys - Year-over-year growth 2021-2026 (%)
5.5 Mill products - Market size and forecast 2021-2026
Exhibit 28: Mill products - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 29: Mill products - Year-over-year growth 2021-2026 (%)
5.6 Others - Market size and forecast 2021-2026
Exhibit 30: Others - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 31: Others - Year-over-year growth 2021-2026 (%)
5.6.1 Ammonium paratungstate
5.6.2 Tungsten compounds
5.6.3 Tungsten powder
5.7 Market opportunity by Product
Exhibit 32: Market opportunity by Product

6. Customer landscape
6.1 Overview
Exhibit 33: Customer landscape

7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 34: Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 35: Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 36: APAC - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 37: APAC - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 38: Europe - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 39: Europe - Year-over-year growth 2021-2026 (%)
7.5 North America - Market size and forecast 2021-2026
Exhibit 40: North America - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 41: North America - Year-over-year growth 2021-2026 (%)
7.6 MEA - Market size and forecast 2021-2026
Exhibit 42: MEA - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 43: MEA - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 44: South America - Market size and forecast 2021-2026 (thousand MTPA)
Exhibit 45: South America - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 46: Key leading countries
7.9 Market opportunity By Geographical Landscape
Exhibit 47: Market opportunity By Geographical Landscape ($ billion)

8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Wide use of tungsten in integrated circuits
8.1.2 Increasing demand for tungsten carbide from automotive industry
8.1.3 Vast reserves of tungsten ores in China
8.2 Market challenges
8.2.1 Stringent environmental and safety regulations
8.2.2 Recent economic slowdown in China
8.2.3 Fluctuations in tungsten and tungsten product prices
Exhibit 48: Impact of drivers and challenges
8.3 Market trends
8.3.1 Miniaturization of electronic components
8.3.2 Recycling of tungsten scrap
8.3.3 Emerging future applications of tungsten

9. Vendor Landscape
9.1 Overview
Exhibit 49: Vendor landscape
9.2 Landscape disruption
Exhibit 50: Landscape disruption
Exhibit 51: Industry risks
9.3 Competitive scenario

10. Vendor Analysis
10.1 Vendors covered
Exhibit 52: Vendors covered
10.2 Market positioning of vendors
Exhibit 53: Market positioning of vendors
10.3 Almonty Industries Inc.
Exhibit 54: Almonty Industries Inc. - Overview
Exhibit 55: Almonty Industries Inc. - Product and service
Exhibit 56: Almonty Industries Inc. - Key news
Exhibit 57: Almonty Industries Inc. - Key offerings
10.4 AMC Group
Exhibit 58: AMC Group - Overview
Exhibit 59: AMC Group - Product and service
Exhibit 60: AMC Group - Key offerings
10.5 Asia Tungsten Products Ltd
Exhibit 61: Asia Tungsten Products Ltd - Overview
Exhibit 62: Asia Tungsten Products Ltd - Product and service
Exhibit 63: Asia Tungsten Products Ltd - Key offerings
10.6 Buffalo Tungsten Inc.
Exhibit 64: Buffalo Tungsten Inc. - Overview
Exhibit 65: Buffalo Tungsten Inc. - Product and service
Exhibit 66: Buffalo Tungsten Inc. - Key offerings
10.7 China Molybdenum Co. Ltd.
Exhibit 67: China Molybdenum Co. Ltd. - Overview
Exhibit 68: China Molybdenum Co. Ltd. - Product and service
Exhibit 69: China Molybdenum Co. Ltd. - Key offerings
10.8 China Tungsten Online Manu and Sales Corp.
Exhibit 70: China Tungsten Online Manu and Sales Corp. - Overview
Exhibit 71: China Tungsten Online Manu and Sales Corp. - Product and service
Exhibit 72: China Tungsten Online Manu and Sales Corp. - Key offerings
10.9 Dymet
Exhibit 73: Dymet - Overview
Exhibit 74: Dymet - Product and service
Exhibit 75: Dymet - Key offerings
10.10 Federal Carbide Co.
Exhibit 76: Federal Carbide Co. - Overview
Exhibit 77: Federal Carbide Co. - Product and service
Exhibit 78: Federal Carbide Co. - Key offerings
10.11 Global Tungsten and Powders Corp.

List of ExhibitsExhibits 1: Key Finding 1
Exhibits 2: Key Finding 2
Exhibits 3: Key Finding 3
Exhibits 4: Key Finding 5
Exhibits 5: Key Finding 6
Exhibits 6: Key Finding 7
Exhibits 7: Key Finding 8
Exhibits 8: Parent market
Exhibits 9: Market characteristics
Exhibits 10: Offerings of vendors included in the market definition
Exhibits 11: Market segments
Exhibits 12: Global - Market size and forecast 2021 - 2026 (thousand MTPA)
Exhibits 13: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibits 14: Five forces analysis 2021 & 2026
Exhibits 15: Bargaining power of buyers
Exhibits 16: Bargaining power of suppliers
Exhibits 17: Threat of new entrants
Exhibits 18: Threat of substitutes
Exhibits 19: Threat of rivalry
Exhibits 20: Market condition - Five forces 2021
Exhibits 21: Product - Market share 2021-2026 (%)
Exhibits 22: Comparison by Product
Exhibits 23: Hard metal - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 24: Hard metal - Year-over-year growth 2021-2026 (%)
Exhibits 25: Steel and alloys - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 26: Steel and alloys - Year-over-year growth 2021-2026 (%)
Exhibits 27: Mill products - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 28: Mill products - Year-over-year growth 2021-2026 (%)
Exhibits 29: Others - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 30: Others - Year-over-year growth 2021-2026 (%)
Exhibits 31: Market opportunity by Product
Exhibits 32: Customer landscape
Exhibits 33: Market share By Geographical Landscape 2021-2026 (%)
Exhibits 34: Geographic comparison
Exhibits 35: APAC - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 36: APAC - Year-over-year growth 2021-2026 (%)
Exhibits 37: Europe - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 38: Europe - Year-over-year growth 2021-2026 (%)
Exhibits 39: North America - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 40: North America - Year-over-year growth 2021-2026 (%)
Exhibits 41: MEA - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 42: MEA - Year-over-year growth 2021-2026 (%)
Exhibits 43: South America - Market size and forecast 2021-2026 (thousand MTPA)
Exhibits 44: South America - Year-over-year growth 2021-2026 (%)
Exhibits 45: Key leading countries
Exhibits 46: Market opportunity By Geographical Landscape (thousand MTPA)
Exhibits 47: Impact of drivers and challenges
Exhibits 48: Vendor landscape
Exhibits 49: Landscape disruption
Exhibits 50: Industry risks
Exhibits 51: Vendors covered
Exhibits 52: Market positioning of vendors
Exhibits 53: Almonty Industries Inc. - Overview
Exhibits 54: Almonty Industries Inc. - Product and service
Exhibits 55: Almonty Industries Inc. - Key offerings
Exhibits 56: Almonty Industries Inc. - Key customers
Exhibits 57: Almonty Industries Inc. - Segment focus
Exhibits 58: AMC Group - Overview
Exhibits 59: AMC Group - Product and service
Exhibits 60: AMC Group - Key offerings
Exhibits 61: AMC Group - Key customers
Exhibits 62: AMC Group - Segment focus
Exhibits 63: Asia Tungsten Products Ltd - Overview
Exhibits 64: Asia Tungsten Products Ltd - Product and service
Exhibits 65: Asia Tungsten Products Ltd - Key offerings
Exhibits 66: Asia Tungsten Products Ltd - Key customers
Exhibits 67: Asia Tungsten Products Ltd - Segment focus
Exhibits 68: Buffalo Tungsten Inc. - Overview
Exhibits 69: Buffalo Tungsten Inc. - Product and service
Exhibits 70: Buffalo Tungsten Inc. - Key offerings
Exhibits 71: Buffalo Tungsten Inc. - Key customers
Exhibits 72: Buffalo Tungsten Inc. - Segment focus
Exhibits 73: China Molybdenum Co. Ltd. - Overview
Exhibits 74: China Molybdenum Co. Ltd. - Product and service
Exhibits 75: China Molybdenum Co. Ltd. - Key offerings
Exhibits 76: China Molybdenum Co. Ltd. - Key customers
Exhibits 77: China Molybdenum Co. Ltd. - Segment focus
Exhibits 78: China Tungsten Online Manu and Sales Corp. - Overview
Exhibits 79: China Tungsten Online Manu and Sales Corp. - Product and service
Exhibits 80: China Tungsten Online Manu and Sales Corp. - Key offerings
Exhibits 81: China Tungsten Online Manu and Sales Corp. - Key customers
Exhibits 82: China Tungsten Online Manu and Sales Corp. - Segment focus
Exhibits 83: Dymet - Overview
Exhibits 84: Dymet - Product and service
Exhibits 85: Dymet - Key offerings
Exhibits 86: Dymet - Key customers
Exhibits 87: Dymet - Segment focus
Exhibits 88: Federal Carbide Co. - Overview
Exhibits 89: Federal Carbide Co. - Product and service
Exhibits 90: Federal Carbide Co. - Key offerings
Exhibits 91: Federal Carbide Co. - Key customers
Exhibits 92: Federal Carbide Co. - Segment focus
Exhibits 93: Global Tungsten and Powders Corp. - Overview
Exhibits 94: Global Tungsten and Powders Corp. - Product and service
Exhibits 95: Global Tungsten and Powders Corp. - Key offerings
Exhibits 96: Global Tungsten and Powders Corp. - Key customers
Exhibits 97: Global Tungsten and Powders Corp. - Segment focus
Exhibits 98: GuangDong XiangLu Tungsten Co. Ltd. - Overview
Exhibits 99: GuangDong XiangLu Tungsten Co. Ltd. - Product and service
Exhibits 100: GuangDong XiangLu Tungsten Co. Ltd. - Key offerings
Exhibits 101: GuangDong XiangLu Tungsten Co. Ltd. - Key customers
Exhibits 102: GuangDong XiangLu Tungsten Co. Ltd. - Segment focus
Exhibits 103: Currency conversion rates for US$
Exhibits 104: Research Methodology
Exhibits 105: Validation techniques employed for market sizing
Exhibits 106: Information sources
Exhibits 107: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global tungsten market: Almonty Industries Inc., AMC Group, Asia Tungsten Products Ltd, Buffalo Tungsten Inc., China Molybdenum Co. Ltd., China Tungsten Online Manu and Sales Corp., Dymet, Federal Carbide Co., Global Tungsten and Powders Corp., and GuangDong XiangLu Tungsten Co. Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is vast reserves of tungsten ores in China.`

According to the report, one of the major drivers for this market is the wide use of tungsten in integrated circuits.

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.