Global Tungsten Carbide Market 2020 Worldwide Industry Size, Growth Drivers, Opportunity, Forecast to 2027 – Indian Defence News

2022-07-01 17:35:37 By : Mr. Patrick Gao

The Global Tungsten Carbide Market was valued at USD 18.25 Billion in 2019 and is forecasted to reach USD 27.70 Billion by 2027 at a CAGR of 5.4%. As an alternative to depleted uranium reserves, tungsten powder is on the rise owing to the wide array of health risks that individuals are often exposed to. This is because uranium is radioactive in nature, which leads to extremely high temperature that can be tungsten carbide powder can withstand. Furthermore, tungsten carbide is also gaining traction because of its usage in 3D printing technology equipment. There are several companies which are replacing their legacy materials used for 3D printing, such as lead with tungsten carbide powder which can be attributed to its stiffness, strength and capacity to withstand extremes of temperatures. Both these applications of tungsten carbide powder prove as an opportunity for its market to expand and grow in the forecasted period.

Our sample copy includes a brief analysis of the Tungsten Carbide market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology. Therefore, it serves as a comprehensive framework of the global Tungsten Carbide market dynamics and comprises a critical study of consumers’ journeys, the current and emerging market avenues, and strategic initiatives undertaken by companies to enable readers to gain meaningful insights into the market.

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The market intelligence report is a prototype of the 360° overview of the global Tungsten Carbide industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Tungsten Carbide market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

The major companies Covered in the report are: 

Sinter Sud S.p.A, General Carbide Corp., M.S. Enterprises, Dymet Alloys , T&D Material Manufacturing, American Elements, China Minmetals Corporation

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This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Tungsten Carbide business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.

Segments Covered in this report are:

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Global Tungsten Carbide Market Highlights:

Key Parameters Analyzed in This Section:

Key Points Covered in This Section: 

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