Market Overview:
The global tungsten oxide powder market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tungsten oxide powder in paints and coatings, phosphor, fireproof fabric, ceramics, metal explosives and other applications. Asia Pacific is expected to be the fastest growing region during the forecast period.
Product Definition:
A powder form of tungsten oxide that is used as a pigment and a catalyst.
Up to 5μm:
Up to 5μm is the new term in the Tungsten Oxide (WO) market. It was introduced recently as a higher limit for tungsten oxide powder usage in metal coating applications.
5-16μm:
The 5-16μm is the range of tungsten oxide powder. It has applications in semiconductor, LED and laser industries. Tungsten oxide (WO3) powder is produced by high-pressure method from tungsten metal and oxygen which forms a solid solution with WO2. The product has hexagonal crystalline structure like WO2 but differs in terms of particle size as it is much smaller than its counterpart.
Application Insights:
Paints and coatings application segment accounted for the largest market share in 2017, owing to its high corrosion resistance. It is also used as a filler material in wallpapering and decorating activities. Tungsten oxide powder is used as a pigment and colorant in paints, which helps to provide extra brightness and luster. Increasing construction activities across the globe are expected to augment product demand over the forecast period.
Tungsten oxide powder when mixed with pigments & fillers provides excellent hardness, strength, abrasion resistance & wear properties required for decorative applications such as flooring tiles & carpets on account of its high density compared to steel wool or ceramic powders. The growing usage of tungsten oxide powder in manufacturing metal-ceramic composites that are widely utilized across industries including automotive is expected drive industry growth over the forecast period.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for a share of over 50% of the global volume. The region is expected to witness significant growth in terms of revenue during the forecast period on account of rising product demand from key end-use industries, such as paints and coatings, phosphor, ceramics, fireproof fabric and metal explosives.
The growing construction industry coupled with increasing foreign investments in developing countries such as China and India are anticipated to drive regional market growth over the forecast period. In addition, favorable government policies promoting domestic manufacturing activities are likely to contribute significantly towards sustainable development by creating new employment opportunities for skilled labor across various sectors including automotive, electronics assembly etc.
North America emerged as one of the major consumers owing to high consumption levels coupled with stringent regulations regarding environmental pollution caused due tungsten oxide powder utilized during manufacturing processes leading toward hazardous waste generation.
Growth Factors:
- Increasing demand from the electronics and electrical industry for tungsten oxide powder as a conductor of electricity and heat.
- Growing application of tungsten oxide powder in LED lighting as an efficient light emitting material.
- Rising demand for tungsten oxide powder in solar energy sector as a photoelectric material to convert sunlight into electrical energy.
- Increasing use of tungsten oxide powder in catalytic converters to reduce emissions from automobiles.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tungsten Oxide Powder Market Research Report
By Type
Up to 5μm, 5-16μm, 16-23μm, Other
By Application
Paints and Coatings, Phosphor, Fireproof Fabric, Ceramics, Metal Explosives, Other
By Companies
Xiamen Tungsten, Chongyi ZhangYuan Tungsten, GuangDong XiangLu Tungsten, Global Tungsten & Powders, China Tungsten & Hightech, JXTC, Japan New Metals, Jiangxi Yaosheng Tungsten, China Molybdenum, Jiangsu Hetian, Kennametal, A.L.M.T. Corp, Ganzhou Yatai Tungsten, H.C.Starck, TaeguTec Ltd, Umicore
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Tungsten Oxide Powder Market Report Segments:
The global Tungsten Oxide Powder market is segmented on the basis of:
Types
Up to 5μm, 5-16μm, 16-23μm, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paints and Coatings, Phosphor, Fireproof Fabric, Ceramics, Metal Explosives, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Xiamen Tungsten
- Chongyi ZhangYuan Tungsten
- GuangDong XiangLu Tungsten
- Global Tungsten & Powders
- China Tungsten & Hightech
- JXTC
- Japan New Metals
- Jiangxi Yaosheng Tungsten
- China Molybdenum
- Jiangsu Hetian
- Kennametal
- A.L.M.T. Corp
- Ganzhou Yatai Tungsten
- H.C.Starck
- TaeguTec Ltd
- Umicore
Highlights of The Tungsten Oxide Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Up to 5μm
- 5-16μm
- 16-23μm
- Other
- By Application:
- Paints and Coatings
- Phosphor
- Fireproof Fabric
- Ceramics
- Metal Explosives
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tungsten Oxide Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tungsten oxide powder is a white, odorless, and tasteless material that is used as an abrasive. It can be used to remove paint, waxes, and other materials from surfaces.
Some of the major players in the tungsten oxide powder market are Xiamen Tungsten, Chongyi ZhangYuan Tungsten, GuangDong XiangLu Tungsten, Global Tungsten & Powders, China Tungsten & Hightech, JXTC, Japan New Metals, Jiangxi Yaosheng Tungsten, China Molybdenum, Jiangsu Hetian, Kennametal, A.L.M.T. Corp, Ganzhou Yatai Tungsten, H.C.Starck, TaeguTec Ltd, Umicore.
The tungsten oxide powder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tungsten Oxide Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tungsten Oxide Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tungsten Oxide Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tungsten Oxide Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tungsten Oxide Powder Market Size & Forecast, 2018-2028
4.5.1 Tungsten Oxide Powder Market Size and Y-o-Y Growth
4.5.2 Tungsten Oxide Powder Market Absolute $ Opportunity
Chapter 5 Global Tungsten Oxide Powder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Tungsten Oxide Powder Market Size Forecast by Type
5.2.1 Up to 5μm
5.2.2 5-16μm
5.2.3 16-23μm
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tungsten Oxide Powder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Tungsten Oxide Powder Market Size Forecast by Applications
6.2.1 Paints and Coatings
6.2.2 Phosphor
6.2.3 Fireproof Fabric
6.2.4 Ceramics
6.2.5 Metal Explosives
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tungsten Oxide Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tungsten Oxide Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Tungsten Oxide Powder Analysis and Forecast
9.1 Introduction
9.2 North America Tungsten Oxide Powder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Tungsten Oxide Powder Market Size Forecast by Type
9.6.1 Up to 5μm
9.6.2 5-16μm
9.6.3 16-23μm
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Tungsten Oxide Powder Market Size Forecast by Applications
9.10.1 Paints and Coatings
9.10.2 Phosphor
9.10.3 Fireproof Fabric
9.10.4 Ceramics
9.10.5 Metal Explosives
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Tungsten Oxide Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Tungsten Oxide Powder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Tungsten Oxide Powder Market Size Forecast by Type
10.6.1 Up to 5μm
10.6.2 5-16μm
10.6.3 16-23μm
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Tungsten Oxide Powder Market Size Forecast by Applications
10.10.1 Paints and Coatings
10.10.2 Phosphor
10.10.3 Fireproof Fabric
10.10.4 Ceramics
10.10.5 Metal Explosives
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Tungsten Oxide Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tungsten Oxide Powder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Tungsten Oxide Powder Market Size Forecast by Type
11.6.1 Up to 5μm
11.6.2 5-16μm
11.6.3 16-23μm
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Tungsten Oxide Powder Market Size Forecast by Applications
11.10.1 Paints and Coatings
11.10.2 Phosphor
11.10.3 Fireproof Fabric
11.10.4 Ceramics
11.10.5 Metal Explosives
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Tungsten Oxide Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Tungsten Oxide Powder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Tungsten Oxide Powder Market Size Forecast by Type
12.6.1 Up to 5μm
12.6.2 5-16μm
12.6.3 16-23μm
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Tungsten Oxide Powder Market Size Forecast by Applications
12.10.1 Paints and Coatings
12.10.2 Phosphor
12.10.3 Fireproof Fabric
12.10.4 Ceramics
12.10.5 Metal Explosives
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Tungsten Oxide Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tungsten Oxide Powder Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Tungsten Oxide Powder Market Size Forecast by Type
13.6.1 Up to 5μm
13.6.2 5-16μm
13.6.3 16-23μm
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Tungsten Oxide Powder Market Size Forecast by Applications
13.10.1 Paints and Coatings
13.10.2 Phosphor
13.10.3 Fireproof Fabric
13.10.4 Ceramics
13.10.5 Metal Explosives
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tungsten Oxide Powder Market: Competitive Dashboard
14.2 Global Tungsten Oxide Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Xiamen Tungsten
14.3.2 Chongyi ZhangYuan Tungsten
14.3.3 GuangDong XiangLu Tungsten
14.3.4 Global Tungsten & Powders
14.3.5 China Tungsten & Hightech
14.3.6 JXTC
14.3.7 Japan New Metals
14.3.8 Jiangxi Yaosheng Tungsten
14.3.9 China Molybdenum
14.3.10 Jiangsu Hetian
14.3.11 Kennametal
14.3.12 A.L.M.T. Corp
14.3.13 Ganzhou Yatai Tungsten
14.3.14 H.C.Starck
14.3.15 TaeguTec Ltd
14.3.16 Umicore
