Tungsten Carbide Market – Analysis & Forecast, 2016 – 2022
Tungsten Carbide Market – Analysis & Forecast, 2016 – 2022 (Focus on Applications in Metal Cutting, Wear Parts, Mining & Drilling; End Use in Automotive, Aerospace & Defense, Oil & Gas, Mining & Construction, Electronics; and Region)
Tungsten Carbide Market Market was estimated at USD 13,912 Million in 2015 and is expected to grow at a CAGR of 3.1% during forecast period.
Mining and drilling has so far accounted for largest share of the global tungsten carbide powder market followed by machine tools and components application segment.
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India, China and Japan are leading consumers of tungsten carbide power. India and China continue to witness substantial investment in tungsten carbide end use industries like mining, construction, aerospace and defence.
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The report aims at estimating the market size and future growth potential of tungsten carbide powder market across different segments such as grade, volume, end use, application and regions. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.
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GMI Research Premium Insights
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- Opportunities in the Tungsten Carbide Powder Market
- Tungsten Carbide Powder Market, By Grade
- Tungsten Carbide Powder Market
- Tungsten Carbide Powder Market Growth
- Tungsten Carbide Powder Market, By End-Use Industry
- Tungsten Carbide Powder Market: Emerging & Developed Nations
Tungsten Carbide Powder Market, By Grade
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- Introduction
- Rotary Drilling & Mining Grades
- Metal Forming & Wear Grades
- Submicron Grades
- Corrosion Resistant Grades
- General Purpose Grades
- Other Grades
Tungsten Carbide Powder Market, By Application
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- Introduction
- Machine Tools & Components
- Cutting Tools
- Dies & Punches
- Abrasive Products
- Others
Global Tungsten Carbide Powder Market, By End-Use Industry
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- Mining & Construction
- Inserts
- Drill Bits
- Burr Blanks
- Industrial Engineering
- Chemical & Fertilizer
- Fluids Power Manufacturing
- Power Generation & Transmission
- Transportation
- Railways
- Automotive
- Oil & Gas
- Exploration
- Drilling
- Aerospace & Defense
- Aircrafts
- Ammunitions
- Others
- Jewellery
- Medical
- Sports
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Frequently Asked Question About This Report
Tungsten Carbide Market [MNM02A-00-0517]
The major factor driving includes the growing demand for industrial machinery and Outstanding properties of tungsten carbide powder.
Top Leading players includes Sandvik AB (Sweden), Kennametal Inc. (U.S.), Ceratizit S.A. (Luxembourg), Extramet (Switzerland), Federal Carbide Company (U.S.), Guangdong Xianglu Tungsten Co., Ltd. (China), Nanchang Cemented Carbide Co., Ltd. (China), Jiangxi Yaosheng Tungsten Co., Ltd. (China), Japan New Metal Co., Ltd. (Japan), China Tungsten Online (Xiamen) Manu. & Sales Corp. (China), and Eurotungstene (France), among others.
The End-use in Tungsten Carbide Market includes Automotive, Aerospace & Defense, Oil & Gas, Mining & Construction, Electronics.
Tungsten Carbide Market Market was estimated at USD 13,912 Million in 2015 and is expected to grow at a CAGR of 3.1% during forecast period.
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