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Global Tungsten Industry

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Tungsten market worldwide is projected to grow by 30. 5 Thousand Metric Tons, driven by a compounded growth of 4%. Hardmetals/Cement Carbides, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.

New York, March 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Tungsten Industry" - https://www.reportlinker.com/p04159772/?utm_source=GNW
1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over 78.4 Thousand Metric Tons by the year 2025, Hardmetals/Cement Carbides will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 4.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over 1.6 Thousand Metric Tons to the region’s size and clout in the next 5 to 6 years. Over 1.4 Thousand Metric Tons worth of projected demand in the region will come from Rest of Europe markets. In Japan, Hardmetals/Cement Carbides will reach a market size of 6.1 Thousand Metric Tons by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.8% over the next couple of years and add approximately 5.1 Thousand Metric Tons in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,

  • 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 (IMC)
  • Jiangxi Tungsten Holding Group Co., Ltd.
  • Kennametal, Inc.
  • Nippon Tungsten Co., Ltd.
  • Plansee Group
  • QuesTek Innovations, LLC
  • Sandvik Group
  • WOLFRAM Company CJSC
  • Xiamen Tungsten Co., Ltd.




Read the full report: https://www.reportlinker.com/p04159772/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Tungsten: The Steel-Gray Strategic Raw Metal with Remarkable
Qualities
Superior Melting Point, Hardness, Density, and Tensile Strength
Drive Widespread Demand across Wide Ranging Applications
Select Applications of Tungsten by End-Use Segment: A Snapshot
Recent Market Activity
Tungsten Production and Consumption Worldwide
China: Largest Tungsten Producing and Consuming Country in the
World
Other Major Tungsten Producing Countries in the World
New & Upcoming Mining Projects to Augment Mine Production
Global Competitor Market Shares
Tungsten Competitor Market Share Scenario Worldwide (in %):
2020 & 2029
Global Market Outlook
Continued Recovery in Global GDP & Manufacturing PMI Signals
Optimistic Market Outlook


2. FOCUS ON SELECT PLAYERS

A.L.M.T. Corp. (Japan)
Allegheny Technologies Incorporated (USA)
Almonty Industries Inc. (Canada)
Betek GmbH & Co. KG (Germany)
Buffalo Tungsten Inc. (USA)
China Minmetals Non-Ferrous Metals Co., Ltd. (China)
China Molybdenum Co., Ltd. (China)
Chongyi Zhangyuan Tungsten Co., Ltd (China)
Guangdong XiangLu Tungsten Co. Ltd. (China)
H.C. Starck GmbH (Germany)
International Metalworking Companies (IMC) (Israel)
Jiangxi Tungsten Holding Group Co., Ltd. (China)
Kennametal, Inc. (USA)
Nippon Tungsten Co., Ltd. (Japan)
Ormonde Mining plc (Ireland)
Plansee Group (Austria)
QuesTek Innovations, LLC (USA)
Sandvik Group (Sweden)
Umicore N.V. (Belgium)
Wolf Minerals Limited (UK)
WOLFRAM Company JSC (Russia)
Xiamen Tungsten Co., Ltd. (China)


3. MARKET TRENDS & DRIVERS

Expanding Application Areas for Tungsten with its Unique
Properties Drive Healthy Growth in Demand
Rising Focus on New & Efficient Aerospace Manufacturing
Materials Spurs Demand for Tungsten
Rise in Aircraft Fleet Drive Long-term Opportunities
Myriad Industrial Applications of Hardmetals/Cemented Carbide
Benefit Market Expansion
Techniques Used to Protect Equipment from Wear
Growing Use in Electrical & Electronic Applications Propel
Demand in Mill Products
Nano Interconnects Using Tungsten
Stable Vehicle Production Boosts Demand for Tungsten in High-
Performance Mechanical Auto Parts
Studded Snow Tires: A Niche Application
Recovery in Oil & Gas Exploration and Development Benefit
Tungsten Demand for Drilling Tools
Wear Resistance, Temperature Tolerance and Anti-Corrosion
Benefits Drive Tungsten Demand in Mining Tools
High Tide in Production of Recycled Tungsten
Tungsten as a Replacement for the Heavy and Poisonous Lead in
High Density Applications Augurs Well for the Market
Fall and Rise of Tungsten Prices: A Cause for Concern?


4. GLOBAL MARKET PERSPECTIVE

Table 1: Tungsten Global Market Estimates and Forecasts in
Metric Tons by Region/Country: 2018-2025
Table 2: Tungsten Global Retrospective Market Scenario in
Metric Tons by Region/Country: 2009-2017
Table 3: Tungsten Market Share Shift across Key Geographies
Worldwide: 2009 VS 2019 VS 2025
Table 4: Hardmetals/Cement Carbides (End-Use) Global
Opportunity Assessment in Metric Tons by Region/Country:
2018-2025
Table 5: Hardmetals/Cement Carbides (End-Use) Historic Sales
Analysis in Metric Tons by Region/Country: 2009-2017
Table 6: Hardmetals/Cement Carbides (End-Use) Percentage Share
Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS
2025
Table 7: Steels, Superalloys, & Wear-Resistant Alloys (End-Use)
Worldwide Sales in Metric Tons by Region/Country: 2018-2025
Table 8: Steels, Superalloys, & Wear-Resistant Alloys (End-Use)
Historic Demand Patterns in Metric Tons by Region/Country:
2009-2017
Table 9: Steels, Superalloys, & Wear-Resistant Alloys (End-Use)
Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025
Table 10: Mill Products (End-Use) Global Market Estimates &
Forecasts in Metric Tons by Region/Country: 2018-2025
Table 11: Mill Products (End-Use) Retrospective Demand Analysis
in Metric Tons by Region/Country: 2009-2017
Table 12: Mill Products (End-Use) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 13: Other End-Uses (End-Use) Demand Potential Worldwide
in Metric Tons by Region/Country: 2018-2025
Table 14: Other End-Uses (End-Use) Historic Sales Analysis in
Metric Tons by Region/Country: 2009-2017
Table 15: Other End-Uses (End-Use) Share Breakdown Review by
Region/Country: 2009 VS 2019 VS 2025


III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Tungsten Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 16: United States Tungsten Latent Demand Forecasts in
Metric Tons by End-Use: 2018 to 2025
Table 17: Tungsten Historic Demand Patterns in the United
States by End-Use in Metric Tons for 2009-2017
Table 18: Tungsten Market Share Breakdown in the United States
by End-Use: 2009 VS 2019 VS 2025
CANADA
Table 19: Canadian Tungsten Market Quantitative Demand Analysis
in Metric Tons by End-Use: 2018 to 2025
Table 20: Tungsten Market in Canada: Summarization of Historic
Demand Patterns in Metric Tons by End-Use for 2009-2017
Table 21: Canadian Tungsten Market Share Analysis by End-Use:
2009 VS 2019 VS 2025
JAPAN
Table 22: Japanese Demand Estimates and Forecasts for Tungsten
in Metric Tons by End-Use: 2018 to 2025
Table 23: Japanese Tungsten Market in Metric Tons by End-Use:
2009-2017
Table 24: Tungsten Market Share Shift in Japan by End-Use:
2009 VS 2019 VS 2025
CHINA
Table 25: Chinese Demand for Tungsten in Metric Tons by
End-Use: 2018 to 2025
Table 26: Tungsten Market Review in China in Metric Tons by
End-Use: 2009-2017
Table 27: Chinese Tungsten Market Share Breakdown by End-Use:
2009 VS 2019 VS 2025
EUROPE
Market Facts & Figures
European Tungsten Market: Competitor Market Share Scenario
(in %) for 2020 & 2025
Market Analytics
Table 28: European Tungsten Market Demand Scenario in Metric
Tons by Region/Country: 2018-2025
Table 29: Tungsten Market in Europe: A Historic Market
Perspective in Metric Tons by Region/Country for the Period
2009-2017
Table 30: European Tungsten Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 31: European Tungsten Addressable Market Opportunity in
Metric Tons by End-Use: 2018-2025
Table 32: Tungsten Market in Europe: Summarization of Historic
Demand in Metric Tons by End-Use for the Period 2009-2017
Table 33: European Tungsten Market Share Analysis by End-Use:
2009 VS 2019 VS 2025
FRANCE
Table 34: Tungsten Quantitative Demand Analysis in France in
Metric Tons by End-Use: 2018-2025
Table 35: French Tungsten Historic Market Review in Metric Tons
by End-Use: 2009-2017
Table 36: French Tungsten Market Share Analysis: A 17-Year
Perspective by End-Use for 2009, 2019, and 2025
GERMANY
Table 37: Tungsten Market in Germany: Annual Sales Estimates
and Forecasts in Metric Tons by End-Use for the Period
2018-2025
Table 38: German Tungsten Market in Retrospect in Metric Tons
by End-Use: 2009-2017
Table 39: Tungsten Market Share Distribution in Germany by
End-Use: 2009 VS 2019 VS 2025
ITALY
Table 40: Italian Demand for Tungsten in Metric Tons by
End-Use: 2018 to 2025
Table 41: Tungsten Market Review in Italy in Metric Tons by
End-Use: 2009-2017
Table 42: Italian Tungsten Market Share Breakdown by End-Use:
2009 VS 2019 VS 2025
UNITED KINGDOM
Table 43: United Kingdom Demand Estimates and Forecasts for
Tungsten in Metric Tons by End-Use: 2018 to 2025
Table 44: United Kingdom Tungsten Market in Metric Tons by
End-Use: 2009-2017
Table 45: Tungsten Market Share Shift in the United Kingdom by
End-Use: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 46: Rest of Europe Tungsten Addressable Market
Opportunity in Metric Tons by End-Use: 2018-2025
Table 47: Tungsten Market in Rest of Europe: Summarization of
Historic Demand in Metric Tons by End-Use for the Period
2009-2017
Table 48: Rest of Europe Tungsten Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 49: Tungsten Quantitative Demand Analysis in Asia-Pacific
in Metric Tons by End-Use: 2018-2025
Table 50: Asia-Pacific Tungsten Historic Market Review in
Metric Tons by End-Use: 2009-2017
Table 51: Asia-Pacific Tungsten Market Share Analysis:
A 17-Year Perspective by End-Use for 2009, 2019, and 2025
REST OF WORLD
Table 52: Rest of World Tungsten Market Quantitative Demand
Analysis in Metric Tons by End-Use: 2018 to 2025
Table 53: Tungsten Market in Rest of World: Summarization of
Historic Demand Patterns in Metric Tons by End-Use for
2009-2017
Table 54: Rest of World Tungsten Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025


IV. COMPETITION

Total Comapnies Profiled: 49
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