Tungsten Market Status by Manufacturers, Types and Application, History and Forecast to 2023

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TUNGSTEN MARKET 2019
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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TUNGSTEN MARKET 2019
Tungsten Market 2019 Industry Survey, Growth,
CompetitiveLandscape and Forecasts to 2023
Tungsten, also known as wolframis, is a
naturally occurring chemical element. It exists
on the Earth combination with other elements in
the form of chemical compounds. Wolframite and
Scheelite are the important ores of tungsten.
Tungsten is primarily used in manufacturing hard
metals based on tungsten carbide which is one of
the hardest carbides. On account of its hardness
it is widely used in manufacturing wear-resistant
abrasives and cutting tools and equipment. This
application accounts for more than 50 of the
industrial consumption of the tungsten.
Additionally, the ability of tungsten carbide to
resist abrasion it is widely used in making
jewelries.
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TUNGSTEN MARKET 2019
Taste the market data and market information
presented through more than 47 market data tables
and 16 figures spread in 140 numbers of pages of
the project report. Avail the in-depth table of
content TOC market synopsis on Tungsten Market
Research Report - Global Forecast till 2023
By product, the market is categorized into
carbides, tungsten alloys, tungsten mill
products, tungsten chemicals, and others. Among
them, carbide accounted to the largest share of
the market in 2017. This mainly due to vast use
of the tungsten in manufacturing hard materials
based on tungsten carbide. The product is
primarily used in manufacturing the tungsten
carbide which is one of the hardest carbides. Due
to its hardness, tungsten is widely used in
manufacturing wear-resistant abrasives and
cutting tools and equipment. This application
accounts for more than 50 of the industrial
consumption of the tungsten.
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TUNGSTEN MARKET 2019
Regional Analysis
The global Tungsten market has been studied with
respect to five regions Asia-Pacific, North
America, Europe, Latin America, and the Middle
East Africa. The market in Asia-Pacific is
anticipated to grow at a high CAGR owing to the
rising product demand in the automotive and
electronics and electrical industries. North
America is expected to witness significant growth
during the forest period. This is mainly due to
the growing demand for the product in various
industrial application such as aerospace and
defense.
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TUNGSTEN MARKET 2019
Application Major Players in this Research

• Tungsten Market Prominent Players
• Xiamen Tungsten Co., Ltd. (China)
• Buffalo Tungsten Inc. (US)
• Federal Carbide Company (US)
• China Minmetals Corporation (China)
• Global Tungsten Powders Corporation (US)
• Wolfram Bergbau-und Hutten AG (Austria)
• Tungsten Mining NL (Australia)
• Tejing Tungsten (Vietnam)
• Japan New Metals Co., Ltd. (Japan)

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TUNGSTEN MARKET 2019
Tungsten Market Segmented on the basis of

• By Form
• foils
• ribbons
• wires
• rods
• tubes
• sheets strips.
• By Product
• carbides
• tungsten alloys
• tungsten mill products
• tungsten chemicals
• By Regions
• Asia-Pacific
• North America
• Europe
• Latin America

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