Global Tungsten Market to Reach 115 Thousand Metric Tons by 2026

2022-05-27 17:34:37 By : Mr. Eric Yin

Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies - Strong/Active/Niche/Trivial.

New York, May 03, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Tungsten Industry" - https://www.reportlinker.com/p04159772/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass Research Platform -Complimentary updates for one year Global Tungsten Market to Reach 115 Thousand Metric Tons by 2026 Tungsten, also referred to as wolfram, is a specialty metal that incorporates some exceptional properties, which make it critical to certain applications with no reliable substitutes. Key applications for tungsten include Hardmetals or cemented carbides, Steels, Superalloys, Mill Products, Electrical & Electronic Materials, Chemicals and Defense Products among others. Growth in the market is set to be driven by resurgence in various end-use industries in the post COVID-19 environment. The likely post-crisis expansion in automotive production, and renewed activity in aerospace & defense, and metals & mining sectors are poised to augment the demand for finished tungsten products including hardmetals, alloys and milled products. Likewise, anticipated increase in demand for electrical and electronic products in residential, commercial and industrial environments is expected to improve tungsten consumption in electrical contacts, lead-in wires, electron emitters and voltage regulators. At the same time, potential growth in industrial engineering activity, especially in China and other Asia-Pacific countries, would drive demand for milled tungsten products such as tungsten rod, tungsten sheet, and tungsten wire. Amid the COVID-19 crisis, the global market for Tungsten estimated at 91.5 Thousand Metric Tons in the year 2020, is projected to reach a revised size of 115 Thousand Metric Tons by 2026, growing at a CAGR of 3.9% over the analysis period. Hardmetals/Cement Carbides, one of the segments analyzed in the report, is projected to grow at a 4% CAGR to reach 71.4 Thousand Metric Tons by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Steels, Superalloys, & Wear-resistant Alloys segment is readjusted to a revised 3.6% CAGR for the next 7-year period. This segment currently accounts for a 22.2% share of the global Tungsten market. Tungsten in hardmetals is mainly used in the form of tungsten carbide, one of the hardest known materials, with a melting point as high as 2770°C. Tungsten carbide is widely used to make carbide cutting tools such as circular saws, drills, knives, turning tools and milling machines for use in metalworking, mining, construction, woodworking, and oil & gas applications. Because of their unique techno-functional features, tungsten alloys find preference in general-purpose applications in sectors including automotive, aerospace, defense, and marine among others, and also in special-purpose applications such as industrial catalysts, filaments in conventional incandescent bulbs, radiation shielding materials, electrodes in TIG welding and X-ray tubes etc. Tungsten alloys, mainly the heavy alloys made with nickel, iron or cobalt, are also used in manufacture of armaments such as cannon shells, grenades, and missiles etc. The U.S. Market is Estimated at 9.9 Thousand Metric Tons in 2021, While China is Forecast to Reach 67.5 Thousand Metric Tons by 2026 The Tungsten market in the U.S. is estimated at 9.9 Thousand Metric Tons in the year 2021. The country currently accounts for a 10.73% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 67.5 Thousand Metric Tons in the year 2026 trailing a CAGR of 4.7% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR while Rest of European market (as defined in the study) will reach 70.8 Thousand Metric Tons by end of the analysis period. China represents a key market in Asia-Pacific region, and a major producer of primary tungsten. Growth in the region is set to be driven by stable economic progress, rising public and private investments in industrial manufacturing, increased focus of government on enhancing the industrial output, and high business confidence indices. Mill Products Segment to Reach 14.6 Thousand Metric Tons by 2026 Tungsten market is witnessing faster growth in the Mill Products application segment, which mainly comprises electrical and electronic products among others. Acclaimed features such as ability to endure high temperature and high resistance to corrosion and wear have established the use of tungsten in a multitude of electrical and electronic applications, especially in bulb filaments, voltage regulators and electrical contacts. In the global Mill Products segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of 10.6 Thousand Metric Tons in the year 2020 will reach a projected size of 14.5 Thousand Metric Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 372 Metric Tons by the year 2026. Select Competitors (Total 110 Featured) -

A.L.M.T. Corp.

Betek GmbH & Co. KG

Chongyi Zhangyuan Tungsten Co., Ltd.

Guangdong XiangLu Tungsten Co. Ltd.

Read the full report: https://www.reportlinker.com/p04159772/?utm_source=GNW I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Influencer Market Insights World Market Trajectories Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022 COVID-19 Crisis Induced Declining Trend in Core Application Markets Tungsten Market to Face Turbulence over Long Term, with Few Breathers Offering Some Respite Persistent Uncertainty Requires Tungsten Suppliers to Focus on First-Use Sectors & New Markets Despite Observing Declining Trend in the Short-Term, World Tungsten Market to Exhibit Progressive Growth in the Post COVID-19 Industrial Environment Established Image as a Rare Metal that has Everyday Value to Sustain the Long-Term Demand for Tungsten Major Applications of Tungsten by End-Use Segment Tungsten Enjoys Spotlight as Crucial, Go-To Material for High- Tech Applications Analysis by Application Type Hardmetals/Cement Carbides: Largest Application Segment Global Cemented Carbides Market by Application (2021 and 2027): Percentage Volume Breakdown for Hardmetals/Cement Carbides; Steels, Superalloys, & Wear-Resistant Alloys; Mill Products; and Other Applications Tungsten Remains Highly Relevant in Steels, Superalloys, & Wear-Resistant Alloys Mill Products Emerge as Fastest Growing Application Segment China, Demonstrating Undisputed Dominance in the World Tungsten Industry, to Remain the Core Regional Market World Tungsten Production Scenario Mine Production Remains Positive in 2020 Global Tungsten Production (in Metric Tons) by Country (2020E): Breakdown of Mine Production for Austria, Bolivia, China, North Korea, Mongolia, Portugal, Russia, Rwanda, Spain, Vietnam, and Other Countries Global Tungsten Reserves (in Metric Tons) by Country (2020E): Breakdown of Reserves for Austria, China, North Korea, Portugal, Russia, Spain, United Kingdom, Vietnam, and Other Countries Major Tungsten Producing Countries in the World Need for New Production to Push Global Supply A Note on New & Upcoming Tungsten Mining Projects Select Development Stage Tungsten Mines Emphasis on Tungsten Scrap Recycling Elevates Overall Production Volumes Global Tungsten Market by Source (2012, 2018, & 2022E): Percentage Breakdown of Volume Shipments for Mined Tungsten and Recycled Tungsten Competitive Landscape Processed Tungsten Market: Chinese Vendors Maintain Edge Leading Processed Tungsten Companies Worldwide (2020E): Percentage Share Breakdown of Volume Sales for China Minmetals Non-Ferrous, Jiangxi Rare Metals, Kennametal, Plansee Group, Sandvik, Xiamen Tungsten and Others Vertical Integration: A Key Trend in the Global Tungsten Marketplace Globally Recognized Mining & Metal Companies Foray into Tungsten Mining Despite Chinese Domination Litany of Supply Concerns Highlights Pressing Need for New Tungsten Production Sources Recent Market Activity Tungsten - Global Key Competitors Percentage Market Share in 2022 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) 2. FOCUS ON SELECT PLAYERS GLOBAL BRANDS 3. MARKET TRENDS & DRIVERS Unique Techno Functional Attributes to Maintain Tungsten?s Relevance in a Gamut of Established & New Applications in Post COVID-19 Period Drilling, Boring & Cutting Equipment: Key End-Use Segment Robust Future Opportunities for Tungsten Drilling, Boring & Cutting Equipment in Industrial Machine Tools Vertical Mining Sector to Further Leverage Exceptional Drilling & Boring Features of Tungsten Mining Tools in Post COVID-19 Period Renewed Drilling Activity to Benefit Tungsten Demand in Post COVID-19 Oil & Gas Sector Global Brent Crude Oil Price Trends in US$/barrel: Jan 2020- Apr2021 Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020 Global Oil & Gas E&P Industry Spending (2015-2021E) Anticipated Recovery in Automotive Industry in Post COVID-19 Period to Instigate Fresh Growth Opportunities for Tungsten Automotive Parts World Automobile Production in Million Units: 2008-2022 Automobile Production % YoY Change Across Select Countries: 2020 Vs 2019 Rising Focus on New & Efficient Aerospace Components to Fuel Demand in Post COVID-19 Period Massive Negative Impact on Air Travel Leading to Weak Momentum in Aerospace Component Manufacturing: Global Airlines Performance by Region: 2020 Vs 2019 US Navy Explores New Approaches to Make Thoriated Tungsten Wire for Microwave Vacuum Tubes Tungsten to Gain from Critical Importance of Electrical & Electronic Systems in Consumer & Commercial Markets Tungsten as a Replacement for the Heavy & Poisonous Lead in High-Density Applications Augurs Well for Future Growth Tungsten Demand Likely to Perk Up in the Post COVID-19 Chemical Industry Additive Manufacturing Steps In to Generate Novel Opportunities for Tungsten in Healthcare Sector Additive Manufacturing Makes Tungsten a Compelling Option to Create Prototypes 3D Printing Techniques for Tungsten & Tungsten Composites Advanced 3D Printing Technique to Improve Properties of High- Temperature Tungsten & Alloys Zirconiated Tungsten: Effective Option to Weld Metals with High Melting Point Tungsten Pricing Scenario Tungsten Prices in the US (in $/mtu WO3) for Years 2015 through 2020 Tungsten: Product Overview Properties of Tungsten Ores/Minerals of Tungsten Mining, Refining and Processing of Tungsten Health & Environmental Aspects of Tungsten Substitutes to Tungsten Tungsten: A Historic Perspective 4. GLOBAL MARKET PERSPECTIVE Table 1: World Recent Past, Current & Future Analysis for Tungsten by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 2: World Historic Review for Tungsten by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 3: World 15-Year Perspective for Tungsten by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2012, 2021 & 2027 Table 4: World Recent Past, Current & Future Analysis for Hardmetals/Cement Carbides by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 5: World Historic Review for Hardmetals/Cement Carbides by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 6: World 15-Year Perspective for Hardmetals/Cement Carbides by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 7: World Recent Past, Current & Future Analysis for Steels, Superalloys, & Wear-Resistant Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 8: World Historic Review for Steels, Superalloys, & Wear-Resistant Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 9: World 15-Year Perspective for Steels, Superalloys, & Wear-Resistant Alloys by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 10: World Recent Past, Current & Future Analysis for Mill Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 11: World Historic Review for Mill Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 12: World 15-Year Perspective for Mill Products by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 13: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 14: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 15: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 16: World Recent Past, Current & Future Analysis for Drilling, Boring & Cutting Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 17: World Historic Review for Drilling, Boring & Cutting Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 18: World 15-Year Perspective for Drilling, Boring & Cutting Equipment by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 19: World Recent Past, Current & Future Analysis for Automotive Parts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 20: World Historic Review for Automotive Parts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 21: World 15-Year Perspective for Automotive Parts by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 22: World Recent Past, Current & Future Analysis for Aerospace Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 23: World Historic Review for Aerospace Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 24: World 15-Year Perspective for Aerospace Components by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 25: World Recent Past, Current & Future Analysis for Logging Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 26: World Historic Review for Logging Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 27: World 15-Year Perspective for Logging Equipment by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 28: World Recent Past, Current & Future Analysis for Electrical & Electronics Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 29: World Historic Review for Electrical & Electronics Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 30: World 15-Year Perspective for Electrical & Electronics Appliances by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 Table 31: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 32: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 33: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027 III. MARKET ANALYSIS UNITED STATES Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) Myriad Industrial Applications to Drive Tungsten Consumption in Long Term Wear Resistance Features Augment Tungsten Carbide Demand Utah Mine: The Sole Producer of Tungsten in North America Table 34: USA Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 35: USA Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 36: USA 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 37: USA Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 38: USA Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 39: USA 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 CANADA Table 40: Canada Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 41: Canada Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 42: Canada 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 43: Canada Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 44: Canada Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 45: Canada 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 JAPAN Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) Market Overview Table 46: Japan Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 47: Japan Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 48: Japan 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 49: Japan Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 50: Japan Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 51: Japan 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 CHINA Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) Remaining at Helm of Global Supply, China Exercises Critical Control over Tungsten Global Leader in Tungsten Production and Consumption Production Scenario Mine Production: A Regional Perspective Tungsten Reserves in China by Province (2020E): Percentage Breakdown of Reserves for Fujian, Henan, Hunan, Jiangxi, and Others China?s Export Policy Expected to Enhance Domestic Ore Production COVID-19 Impact: Tungsten Prices to Stabilize after Experiencing Downward Trend in Chinese Market Surging Demand for Cemented Carbide in Multiple Applications to Drive Market Growth Revolution in Tungsten Nanometer Powder Production Key Challenges Hampering Market Prospects in China Brief Competitive Landscape Table 52: China Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 53: China Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 54: China 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 55: China Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 56: China Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 57: China 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 EUROPE Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E) Favorable Demand from Automotive Parts Manufacturing to Drive Market Growth High Speed Spot Welding Made Easier with Copper Tungsten Electrodes Russia: A Prominent Producer of Tungsten Table 58: Europe Recent Past, Current & Future Analysis for Tungsten by Geographic Region - France, Germany, Italy, UK, Russia and Rest of Europe Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2020 through 2027 and % CAGR Table 59: Europe Historic Review for Tungsten by Geographic Region - France, Germany, Italy, UK, Russia and Rest of Europe Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 60: Europe 15-Year Perspective for Tungsten by Geographic Region - Percentage Breakdown of Volume Consumption for France, Germany, Italy, UK, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027 Table 61: Europe Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 62: Europe Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 63: Europe 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 64: Europe Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 65: Europe Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 66: Europe 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 FRANCE Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E) Table 67: France Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 68: France Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 69: France 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 70: France Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 71: France Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 72: France 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 GERMANY Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E) Table 73: Germany Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 74: Germany Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 75: Germany 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 76: Germany Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 77: Germany Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 78: Germany 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 ITALY Table 79: Italy Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 80: Italy Historic Review for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 81: Italy 15-Year Perspective for Tungsten by Application - Percentage Breakdown of Volume Consumption for Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications for the Years 2012, 2021 & 2027 Table 82: Italy Recent Past, Current & Future Analysis for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 83: Italy Historic Review for Tungsten by End-Use - Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses Markets - Independent Analysis of Annual Consumption in Metric Tons for Years 2012 through 2019 and % CAGR Table 84: Italy 15-Year Perspective for Tungsten by End-Use - Percentage Breakdown of Volume Consumption for Drilling, Boring & Cutting Equipment, Automotive Parts, Aerospace Components, Logging Equipment, Electrical & Electronics Appliances and Other End-Uses for the Years 2012, 2021 & 2027 UNITED KINGDOM Tungsten Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E) Table 85: UK Recent Past, Current & Future Analysis for Tungsten by Application - Hardmetals/Cement Carbides, Steels, Superalloys, & Wear-Resistant Alloys, Mill Products and Other Applications - Independent Analysis of Annual Consumption in Metric Tons for the Years 2020 through 2027 and % CAGR Table 86: UK Historic Review for Tungsten by Application - Please contact our Customer Support Center to get the complete Table of Contents Read the full report: https://www.reportlinker.com/p04159772/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. 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(Bloomberg) -- Fertilizer prices that had hit records are now plunging as buyers reel from sticker shock, but that doesn’t mean the market squeeze is over. Most Read from BloombergFord Beats Tesla to the Punch With First Electric F-150 DeliveryUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanZilingo’s Fired CEO Responds to Questions of Mystery PaymentsStocks Almost Erase This Month’s Losses Amid Rally: Markets WrapThe June spot price in Tampa, Florida for the nitrogen fertilizer am

The world has changed so much since 1985 but the price of Costco Wholesale's hot dog-and-soda special -- $1.50 -- has remained constant.

The energy sector remains strong and Phillips 66 has recently broken out on the upside from a base pattern. Let's check out the charts and indicators. In this daily bar chart of PSX, below, we can see that the current advance started back in September.

(Bloomberg) -- Elon Musk wants to mine it, China is scouring Tibet for it, battery makers are crying out for it. Lithium, the wonder metal at the heart of the global shift to electric cars, is in a full-blown crisis. Demand has outstripped supply, pushing prices up almost 500% in a year and hindering the world’s most successful effort yet to halt global warming.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Te

If you have $77,280 that you can afford to invest, these stocks can turn that into $400 in recurring monthly income.

Teekay Tankers Ltd. is one of the world's largest marine energy transportation and storage companies and its charts tell me a very bullish story for the months ahead. Let's take a look. In this daily bar chart of TNK, below, we can see an impressive base pattern and an upside breakout in April from a neckline around $15.

Global car production has been hampered for months because of a plethora of supply-chain and logistics issues. Friday, Toyota Motor (ticker: TM) cut its production plans again. Toyota is taking additional downtime at some plants the week of June 6.

Who joins GOOGL stock on this screen of Warren Buffett stocks based on the investing strategy of the Berkshire Hathaway CEO?

Shares of Peabody Energy (NYSE: BTU) were dropping 4% on the day as of 9:50 a.m. ET Friday. You can thank commodity prices (and it's not just coal that I'm referring to here). Newcastle coal prices, which are also the benchmark for the Asian market, rocketed this week to above $400 per metric ton and are barely $20 away from record highs as of this writing, according to data from TradingEconomics.com.

Curbs would be controversial, since exports have been helping Europe reduce it's dependence on Russian oil. How U.S. refiners could be hurt.

Silver prices edged lower as yields remained little changed.

Oil futures trading in New York City and London continued to climb on Friday following a week of strong price action, with the Brent crude international benchmark briefly touching its highest level in two months.

A new bill is aimed at digital yuan apps, citing surveillance risks; hiring slowdowns and layoffs are hitting the tech workforce; and Ford has delivered its first electric F-150.

The question of how much control of the infant formula market is too much has come to a head, as U.S. officials simultaneously try to shore up store shelves and devise plans to prevent future shortages.

While the price of gasoline frequently steals all the headlines, the price of diesel is actually more important when it comes to the cost of living and the economy.

Nvidia investors will soon find out exactly how important crypto-mining sales are to the company's business.

This month, we saw the Rigetti Computing, Inc. ( NASDAQ:RGTI ) up an impressive 39%. But that doesn't alter the fact...

Gas for cars is priced as though crude oil is much higher than $110 per barrel, says one energy expert.

In this article, we discuss the 10 stocks that analysts say you should buy on the dip. If you want to read about some more stocks that analysts say you should buy on the dip, click Analysts Say You Should Buy These 5 Stocks on the Dip. In a recent report, Bloomberg Economics claimed that […]

The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world, such as Apple Inc., Microsoft Corp., and Amazon.com Inc. Tech stocks, represented by the Technology Select Sector SPDR Fund (XLK), have outperformed the broader market over the past year.