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The tungsten market is forecasted to grow by USD 1953.71 mn during 2023-2028, accelerating at a CAGR of 7.11% 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.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by wide use of tungsten in integrated circuits, increasing demand for tungsten carbide from automotive industry, and vast reserves of tungsten ores in China.
The tungsten market is segmented as below:
By Product
- Hard metal
- Steel and alloys
- Mill products
- Others
By Application
- Automotive
- Aerospace and defense
- Electrical and electronics
- Machine tools and equipment
- Healthcare
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the tungsten market covers the following areas:
- Tungsten market sizing
- Tungsten market forecast
- Tungsten market industry analysis
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.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global tungsten market: Almonty Industries Inc., Amalgamated Metal Corp. PLC, Buffalo Tungsten Inc., China Molybdenum Co. Ltd., China Tungsten Online Manu and Sales Corp., Dymet Alloys, Federal Carbide Co., Group 6 Metals Ltd., Masan High Tech Materials, Mitsubishi Materials Corp., MOLTUN, PicoParts, Plansee SE, SALORO SLU, Saxony Minerals and Exploration AG SME AG, Specialty Metals Resources Ltd., T and D Materials Manufacturing LLC, TaeguTec LTD., Tungco INC., and Tungsten Mining NL.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is miniaturization of electronic components.'
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Almonty Industries Inc.
- Amalgamated Metal Corp. PLC
- Buffalo Tungsten Inc.
- China Molybdenum Co. Ltd.
- China Tungsten Online Manu and Sales Corp.
- Dymet Alloys
- Federal Carbide Co.
- Group 6 Metals Ltd.
- Masan High Tech Materials
- Mitsubishi Materials Corp.
- MOLTUN
- PicoParts
- Plansee SE
- SALORO SLU
- Saxony Minerals and Exploration AG SME AG
- Specialty Metals Resources Ltd.
- T and D Materials Manufacturing LLC
- TaeguTec LTD.
- Tungco INC.
- Tungsten Mining NL
