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Global Tungsten Market

  • Published Date: 25 Mar 2019
  • Number of Pages: 284
  • Category: Chemicals
  • Country: Global
Global Tungsten Market was valued US$ 3.46 Bn in 2017 and is projected to reach US$ 6.71 Bn by 2026 at a CAGR of 8.63 %.

Growing end use industries such as automotive, aerospace and electrical and electronics and increase in the demand of wear resistant materials is anticipated to drive the global tungsten market. Tungsten is used in electronic and electrical components such as electron emitters, lead-in wires and electrical contacts leading to the increase in global tungsten market. Tungsten is also used in the fabrication of carbides, which are popularly used as cutting tools, drill bits, and for other such high strength and high temperature applications. Pure tungsten are used in the electronic industry whereas salts, sulfides, or oxides obtained from the product finds usage in the chemical industry in manufacturing lubricants, catalysts, etc.

Tungsten carbides will continue to account for the largest share of processed tungsten consumption due to their widespread use in replaceable cutting tools and inserts. While tungsten alloys will record the fastest growth stimulated largely by increasing aerospace manufacturing. However, tungsten mill products will demonstrate steady growth, assisted by demand for the metal in a number of other electrical and electronic applications.

Automotive parts is major end use segment estimated to grow at CAGR of above 8%. Tungsten is employed for different applications in automotive production and assembly. Pure tungsten, its alloys, or carbides are employed in the automotive industry as studs for tires, ball joints, brakes, crank shafts in performance vehicles, and other mechanical parts that sees heavy usage or extreme temperatures.

Asia Pacific region is leading the global tungsten market, China continues to be the leader in the supply and consumption of tungsten in the global tungsten market due to its vast tungsten reserves and support of the Chinese government to the tungsten product industries. North America contribute in the growing global tungsten market with the increasing construction spending in the region. Europe is valuable market in global tungsten market owing to expanding automobile industry.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding tungsten market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTERs analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in tungsten market.
Scope of the Global Tungsten Market
Global Tungsten Market, By Application:
Tungsten Carbide
Metal Alloys
Mill Products
Global Tungsten Market, By End-use:
Automotive Parts
Aerospace Components
Drilling
Boring & Cutting Equipment
Logging Equipment
Electrical & Electronics Appliances
Global Tungsten Market, By Region:
North America
South America
Asia Pacific
Europe
Middle East & Africa
Key Player analyzed in Global Tungsten Market:
A.L.M.T. Corp.
Allegheny Technologies Incorporated
Almonty Industries Inc.
Betek GmbH & Co. KG
Buffalo Tungsten Inc.
China Minmetals Non-Ferrous Metals Co., Ltd.
China Molybdenum Co., Ltd.
Chongyi Zhangyuan Tungsten Co., Ltd
Guangdong XiangLu Tungsten Co. Ltd.
H.C. Starck GmbH
International Metalworking Companies
Jiangxi Tungsten Holding Group Co., Ltd.
Kennametal, Inc.
Nippon Tungsten Co., Ltd.
Ormonde Mining plc
Plansee Group
QuesTek Innovations, LLC
Sandvik Group
Umicore N.V.
Wolf Minerals Limited
WOLFRAM Company JSC
Xiamen Tungsten Co., Ltd.

Publisher Name : Maximize Market Research
Global Tungsten Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Tungsten Size, by Market Value (US$ Bn) and Market Volume (Kiloton)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porters Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
4.8. Patent Registration

5. Supply Side and Demand Side Indicators

6. Global Tungsten Market Analysis and Forecast
6.1. Global Tungsten Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Tungsten Market Analysis and Forecast, by Product
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Tungsten Market Value Share Analysis, by Product
7.4. Global Tungsten Market Size (US$ Bn) Forecast, by Product
7.5. Global Tungsten Market Analysis, by Product
7.6. Global Tungsten Market Attractiveness Analysis, by Product

8. Global Tungsten Market Analysis and Forecast, by Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Tungsten Market Value Share Analysis, by Application
8.4. Global Tungsten Market Size (US$ Bn) Forecast, by Application
8.5. Global Tungsten Market Analysis, by Application
8.6. Global Tungsten Market Attractiveness Analysis, by Application

9. Global Tungsten Market Analysis, by Region
9.1. Global Tungsten Market Value Share Analysis, by Region
9.2. Global Tungsten Market Size (US$ Bn) Forecast, by Region
9.3. Global Tungsten Market Attractiveness Analysis, by Region

10. North America Tungsten Market Analysis
10.1. Key Findings
10.2. North America Tungsten Market Overview
10.3. North America Tungsten Market Value Share Analysis, by End Use
10.4. North America Tungsten Market Forecast, by End Use
10.4.1. Automotive Parts
10.4.2. Aerospace Components
10.4.3. Drilling
10.4.4. Boring & Cutting Equipment
10.4.5. Logging Equipment
10.4.6. Electrical & Electronics Appliances
10.5. North America Tungsten Market Value Share Analysis, by Application
10.6. North America Tungsten Market Forecast, by Application
10.6.1. Tungsten Carbide
10.6.2. Metal Alloys
10.6.3. Mill Products
10.7. North America Tungsten Market Value Share Analysis, by Country
10.8. North America Tungsten Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Tungsten Market Analysis, by Country
10.10. U.S. Tungsten Market Forecast, by End Use
10.10.1. Automotive Parts
10.10.2. Aerospace Components
10.10.3. Drilling
10.10.4. Boring & Cutting Equipment
10.10.5. Logging Equipment
10.10.6. Electrical & Electronics Appliances
10.11. U.S. Tungsten Market Forecast, by Application
10.11.1. Tungsten Carbide
10.11.2. Metal Alloys
10.11.3. Mill Products
10.12. Canada Tungsten Market Forecast, by End Use
10.12.1. Automotive Parts
10.12.2. Aerospace Components
10.12.3. Drilling
10.12.4. Boring & Cutting Equipment
10.12.5. Logging Equipment
10.12.6. Electrical & Electronics Appliances
10.13. Canada Tungsten Market Forecast, by Application
10.13.1. Tungsten Carbide
10.13.2. Metal Alloys
10.13.3. Mill Products
10.14. North America Tungsten Market Attractiveness Analysis
10.14.1. By End Use
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Development

11. Europe Tungsten Market Analysis
11.1. Key Findings
11.2. Europe Tungsten Market Overview
11.3. Europe Tungsten Market Value Share Analysis, by End Use
11.4. Europe Tungsten Market Forecast, by End Use
11.4.1. Automotive Parts
11.4.2. Aerospace Components
11.4.3. Drilling
11.4.4. Boring & Cutting Equipment
11.4.5. Logging Equipment
11.4.6. Electrical & Electronics Appliances
11.5. Europe Tungsten Market Value Share Analysis, by Application
11.6. Europe Tungsten Market Forecast, by Application
11.6.1. Tungsten Carbide
11.6.2. Metal Alloys
11.6.3. Mill Products
11.6.4. Europe Tungsten Market Value Share Analysis, by Country
11.7. Europe Tungsten Market Forecast, by Country
11.7.1. Germany
11.7.2. U.K.
11.7.3. France
11.7.4. Italy
11.7.5. Spain
11.7.6. Rest of Europe
11.8. Europe Tungsten Market Analysis, by Country
11.9. Germany Tungsten Market Forecast, by End Use
11.9.1. Automotive Parts
11.9.2. Aerospace Components
11.9.3. Drilling
11.9.4. Boring & Cutting Equipment
11.9.5. Logging Equipment
11.9.6. Electrical & Electronics Appliances
11.10. Germany Tungsten Market Forecast, by Application
11.10.1. Tungsten Carbide
11.10.2. Metal Alloys
11.10.3. Mill Products
11.11. U.K. Tungsten Market Forecast, by End Use
11.11.1. Automotive Parts
11.11.2. Aerospace Components
11.11.3. Drilling
11.11.4. Boring & Cutting Equipment
11.11.5. Logging Equipment
11.11.6. Electrical & Electronics Appliances
11.12. U.K. Tungsten Market Forecast, by Application
11.12.1. Tungsten Carbide
11.12.2. Metal Alloys
11.12.3. Mill Products
11.13. France Tungsten Market Forecast, by End Use
11.13.1. Automotive Parts
11.13.2. Aerospace Components
11.13.3. Drilling
11.13.4. Boring & Cutting Equipment
11.13.5. Logging Equipment
11.13.6. Electrical & Electronics Appliances
11.14. France Tungsten Market Forecast, by Application
11.14.1. Tungsten Carbide
11.14.2. Metal Alloys
11.14.3. Mill Products
11.15. Italy Tungsten Market Forecast, by End Use
11.15.1. Automotive Parts
11.15.2. Aerospace Components
11.15.3. Drilling
11.15.4. Boring & Cutting Equipment
11.15.5. Logging Equipment
11.15.6. Electrical & Electronics Appliances
11.16. Italy Tungsten Market Forecast, by Application
11.16.1. Tungsten Carbide
11.16.2. Metal Alloys
11.16.3. Mill Products
11.17. Spain Tungsten Market Forecast, by End Use
11.17.1. Automotive Parts
11.17.2. Aerospace Components
11.17.3. Drilling
11.17.4. Boring & Cutting Equipment
11.17.5. Logging Equipment
11.17.6. Electrical & Electronics Appliances
11.18. Spain Tungsten Market Forecast, by Application
11.18.1. Tungsten Carbide
11.18.2. Metal Alloys
11.18.3. Mill Products
11.19. Rest of Europe Tungsten Market Forecast, by End Use
11.19.1. Automotive Parts
11.19.2. Aerospace Components
11.19.3. Drilling
11.19.4. Boring & Cutting Equipment
11.19.5. Logging Equipment
11.19.6. Electrical & Electronics Appliances
11.20. Rest of Europe Tungsten Market Forecast, by Application
11.20.1. Tungsten Carbide
11.20.2. Metal Alloys
11.20.3. Mill Products
11.21. Europe Tungsten Market Attractiveness Analysis
11.21.1. By End Use
11.21.2. By Application
11.22. PEST Analysis
11.23. Key Trend
11.24. Key Development

12. Asia Pacific Tungsten Market Analysis
12.1. Key Findings
12.2. Asia Pacific Tungsten Market Overview
12.3. Asia Pacific Tungsten Market Value Share Analysis, by End Use
12.4. Asia Pacific Tungsten Market Forecast, by End Use
12.4.1. Automotive Parts
12.4.2. Aerospace Components
12.4.3. Drilling
12.4.4. Boring & Cutting Equipment
12.4.5. Logging Equipment
12.4.6. Electrical & Electronics Appliances
12.5. Asia Pacific Tungsten Market Value Share Analysis, by Application
12.6. Asia Pacific Tungsten Market Forecast, by Application
12.6.1. Tungsten Carbide
12.6.2. Metal Alloys
12.6.3. Mill Products
12.7. Asia Pacific Tungsten Market Value Share Analysis, by Country
12.8. Asia Pacific Tungsten Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Tungsten Market Analysis, by Country
12.10. China Tungsten Market Forecast, by End Use
12.10.1. Automotive Parts
12.10.2. Aerospace Components
12.10.3. Drilling
12.10.4. Boring & Cutting Equipment
12.10.5. Logging Equipment
12.10.6. Electrical & Electronics Appliances
12.11. China Tungsten Market Forecast, by Application
12.11.1. Tungsten Carbide
12.11.2. Metal Alloys
12.11.3. Mill Products
12.12. India Tungsten Market Forecast, by End Use
12.12.1. Automotive Parts
12.12.2. Aerospace Components
12.12.3. Drilling
12.12.4. Boring & Cutting Equipment
12.12.5. Logging Equipment
12.12.6. Electrical & Electronics Appliances
12.13. India Tungsten Market Forecast, by Application
12.13.1. Tungsten Carbide
12.13.2. Metal Alloys
12.13.3. Mill Products
12.14. Japan Tungsten Market Forecast, by End Use
12.14.1. Automotive Parts
12.14.2. Aerospace Components
12.14.3. Drilling
12.14.4. Boring & Cutting Equipment
12.14.5. Logging Equipment
12.14.6. Electrical & Electronics Appliances
12.15. Japan Tungsten Market Forecast, by Application
12.15.1. Tungsten Carbide
12.15.2. Metal Alloys
12.15.3. Mill Products
12.16. ASEAN Tungsten Market Forecast, by End Use
12.16.1. Automotive Parts
12.16.2. Aerospace Components
12.16.3. Drilling
12.16.4. Boring & Cutting Equipment
12.16.5. Logging Equipment
12.16.6. Electrical & Electronics Appliances
12.17. ASEAN Tungsten Market Forecast, by Application
12.17.1. Tungsten Carbide
12.17.2. Metal Alloys
12.17.3. Mill Products
12.18. Rest of Asia Pacific Tungsten Market Forecast, by End Use
12.18.1. Automotive Parts
12.18.2. Aerospace Components
12.18.3. Drilling
12.18.4. Boring & Cutting Equipment
12.18.5. Logging Equipment
12.18.6. Electrical & Electronics Appliances
12.19. Rest of Asia Pacific Tungsten Market Forecast, by Application
12.19.1. Tungsten Carbide
12.19.2. Metal Alloys
12.19.3. Mill Products
12.20. Asia Pacific Tungsten Market Attractiveness Analysis
12.20.1. By End Use
12.20.2. By Application
12.21. PEST Analysis
12.22. Key Trend
12.23. Key Development

13. Middle East & Africa Tungsten Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Tungsten Market Overview
13.3. Middle East & Africa Tungsten Market Value Share Analysis, by End Use
13.4. Middle East & Africa Tungsten Market Forecast, by End Use
13.4.1. Automotive Parts
13.4.2. Aerospace Components
13.4.3. Drilling
13.4.4. Boring & Cutting Equipment
13.4.5. Logging Equipment
13.4.6. Electrical & Electronics Appliances
13.5. Middle East & Africa Tungsten Market Value Share Analysis, by Application
13.6. Middle East & Africa Tungsten Market Forecast, by Application
13.6.1. Tungsten Carbide
13.6.2. Metal Alloys
13.6.3. Mill Products
13.7. Middle East & Africa Tungsten Market Value Share Analysis, by Country
13.8. Middle East & Africa Tungsten Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Tungsten Market Analysis, by Country
13.10. GCC Tungsten Market Forecast, by End Use
13.10.1. Automotive Parts
13.10.2. Aerospace Components
13.10.3. Drilling
13.10.4. Boring & Cutting Equipment
13.10.5. Logging Equipment
13.10.6. Electrical & Electronics Appliances
13.11. GCC Tungsten Market Forecast, by Application
13.11.1. Tungsten Carbide
13.11.2. Metal Alloys
13.11.3. Mill Products
13.12. South Africa Tungsten Market Forecast, by End Use
13.12.1. Automotive Parts
13.12.2. Aerospace Components
13.12.3. Drilling
13.12.4. Boring & Cutting Equipment
13.12.5. Logging Equipment
13.12.6. Electrical & Electronics Appliances
13.13. South Africa Tungsten Market Forecast, by Application
13.13.1. Tungsten Carbide
13.13.2. Metal Alloys
13.13.3. Mill Products
13.14. Rest of Middle East & Africa Tungsten Market Forecast, by End Use
13.14.1. Automotive Parts
13.14.2. Aerospace Components
13.14.3. Drilling
13.14.4. Boring & Cutting Equipment
13.14.5. Logging Equipment
13.14.6. Electrical & Electronics Appliances
13.15. Rest of Middle East & Africa Tungsten Market Forecast, by Application
13.15.1. Tungsten Carbide
13.15.2. Metal Alloys
13.15.3. Mill Products
13.16. Middle East & Africa Tungsten Market Attractiveness Analysis
13.16.1. By End Use
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trend
13.19. Key Development

14. South America Tungsten Market Analysis
14.1. Key Findings
14.2. South America Tungsten Market Overview
14.3. South America Tungsten Market Value Share Analysis, by End Use
14.4. South America Tungsten Market Forecast, by End Use
14.4.1. Automotive Parts
14.4.2. Aerospace Components
14.4.3. Drilling
14.4.4. Boring & Cutting Equipment
14.4.5. Logging Equipment
14.4.6. Electrical & Electronics Appliances
14.5. South America Tungsten Market Value Share Analysis, by Application
14.6. South America Tungsten Market Forecast, by Application
14.6.1. Tungsten Carbide
14.6.2. Metal Alloys
14.6.3. Mill Products
14.7. South America Tungsten Market Value Share Analysis, by Country
14.8. South America Tungsten Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. Brazil Tungsten Market Forecast, by End Use
14.9.1. Automotive Parts
14.9.2. Aerospace Components
14.9.3. Drilling
14.9.4. Boring & Cutting Equipment
14.9.5. Logging Equipment
14.9.6. Electrical & Electronics Appliances
14.10. Brazil Tungsten Market Forecast, by Application
14.10.1. Tungsten Carbide
14.10.2. Metal Alloys
14.10.3. Mill Products
14.11. Mexico Tungsten Market Forecast, by End Use
14.11.1. Automotive Parts
14.11.2. Aerospace Components
14.11.3. Drilling
14.11.4. Boring & Cutting Equipment
14.11.5. Logging Equipment
14.11.6. Electrical & Electronics Appliances
14.12. Mexico Tungsten Market Forecast, by Application
14.12.1. Tungsten Carbide
14.12.2. Metal Alloys
14.12.3. Mill Products
14.13. Rest of South America Tungsten Market Forecast, by End Use
14.13.1. Automotive Parts
14.13.2. Aerospace Components
14.13.3. Drilling
14.13.4. Boring & Cutting Equipment
14.13.5. Logging Equipment
14.13.6. Electrical & Electronics Appliances
14.14. Rest of South America Tungsten Market Forecast, by Application
14.14.1. Tungsten Carbide
14.14.2. Metal Alloys
14.14.3. Mill Products
14.15. South America Tungsten Market Attractiveness Analysis
14.15.1. By End Use
14.15.2. By Application
14.16. PEST Analysis
14.17. Key Trend
14.18. Key Development

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. A.L.M.T. Corp.
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. End Use Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Manufacturing Footprint
15.3.2. Allegheny Technologies Incorporated
15.3.3. Almonty Industries Inc.
15.3.4. Betek GmbH & Co. KG
15.3.5. Buffalo Tungsten Inc.
15.3.6. China Minmetals Non-Ferrous Metals Co., Ltd.
15.3.7. China Molybdenum Co., Ltd.
15.3.8. Chongyi Zhangyuan Tungsten Co., Ltd
15.3.9. Guangdong XiangLu Tungsten Co. Ltd.
15.3.10. H.C. Starck GmbH
15.3.11. International Metalworking Companies
15.3.12. Jiangxi Tungsten Holding Group Co., Ltd.
15.3.13. Kennametal, Inc.
15.3.14. Nippon Tungsten Co., Ltd.
15.3.15. Ormonde Mining plc
15.3.16. Plansee Group
15.3.17. QuesTek Innovations, LLC
15.3.18. Sandvik Group
15.3.19. Umicore N.V.
15.3.20. Wolf Minerals Limited
15.3.21. WOLFRAM Company JSC
15.3.22. Xiamen Tungsten Co., Ltd.

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