Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tac Cemented Carbide Market by Type (Solid solution Type, Simple substance Type, Others), By Application (Cutting, Geological, Mould, Structural Parts, Wear Part) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tac Cemented Carbide Market by Type (Solid solution Type, Simple substance Type, Others), By Application (Cutting, Geological, Mould, Structural Parts, Wear Part) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 215564 3300 Chemical & Material 377 235 Pages 5 (35)

Market Overview:

The global tac cemented carbide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tac cemented carbide in various applications, such as cutting, geological, mould and structural parts and wear parts. In terms of type, the solid solution type segment is expected to hold a major share of the global tac cemented carbide market during the forecast period. This can be attributed to its high hardness and resistance to wear and tear.

Global Tac Cemented Carbide Industry Outlook

Product Definition:

Tac cemented carbide is a type of cemented carbide that has been specifically treated with a titanium-aluminum-copper (TAC) compound. This treatment increases the wear resistance and toughness of the cemented carbide, making it an ideal material for applications where high strength and durability are required.

Solid solution Type:

Solid solution type is a method of manufacturing high-quality cemented carbide (CCCP) products. It involves melting lower grade materials in the presence of high-grade material to form a solid mixture. The process enhances the quality and strength of CCCP products by reducing porosity, increasing density, and eliminating air pockets.

Simple substance Type:

The simple substance type is used to manufacture Tac cemented Carbide (TCC). TCC is a high performance, durable, and hardening material. It has applications in various industries such as metal finishing, automotive industry, construction industry and others. The demand for TCC is increasing on account of its wide range of application areas coupled with growing usage in the automotive sector especially in Japan and India.

Application Insights:

The cutting application segment led the global taco cemented carbide market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for metal cutting tools from various industries such as construction, automotive, aerospace and defense among others.

Tacos are used in various applications including structural parts, wear parts and blades of machines as well as instruments where high strength is required along with good toughness at low cost. Increasing use of tacos in manufacturing components that are used in the manufacture of automobiles is expected to drive their demand over the coming years. In addition, growing use of tacos for manufacturing components that are used across multiple industries including construction machinery & equipment; industrial machinery; transportation equipment; consumer goods; appliances etc.,is anticipated to propel industry expansion over the coming years.

Regional Analysis:

Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies such as China, India, and Japan. Furthermore, rising investments by various governments for infrastructural development are expected to drive the demand over the forecast period.

The growth in North America is attributed to high product utilization in drilling & blasting activities along with its application in mining & construction industry for producing cemented carbide parts at low cost as compared to steel counterparts. The U.S.

Growth Factors:

  • Increasing demand from the automotive and aerospace industries
  • Growing demand for wear-resistant materials in manufacturing
  • Rising popularity of cemented carbide tools in the construction industry
  • Increasing use of cemented carbide inserts in machining operations
  • Technological advancements that improve the performance and durability of cemented carbide products

Scope Of The Report

Report Attributes

Report Details

Report Title

Tac Cemented Carbide Market Research Report

By Type

Solid solution Type, Simple substance Type, Others

By Application

Cutting, Geological, Mould, Structural Parts, Wear Part

By Companies

Sandvik, Xinrui, Shareate, SINTER SUD, Kennametal, Mitsubishi Materials, Iscar, Xiamen Tungsten, Zhuzhou Cemented Carbide Group, Zhangyuan Tungsten, Toshiba, JTCC

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Tac Cemented Carbide Market Report Segments:

The global Tac Cemented Carbide market is segmented on the basis of:


Solid solution Type, Simple substance Type, Others

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.


Cutting, Geological, Mould, Structural Parts, Wear Part

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:

  1. Sandvik
  2. Xinrui
  3. Shareate
  5. Kennametal
  6. Mitsubishi Materials
  7. Iscar
  8. Xiamen Tungsten
  9. Zhuzhou Cemented Carbide Group
  10. Zhangyuan Tungsten
  11. Toshiba
  12. JTCC

Global Tac Cemented Carbide Market Overview

Highlights of The Tac Cemented Carbide Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Solid solution Type
    2. Simple substance Type
    3. Others
  1. By Application:

    1. Cutting
    2. Geological
    3. Mould
    4. Structural Parts
    5. Wear Part
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Tac Cemented Carbide 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Tac Cemented Carbide Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Tac Cemented Carbide is a type of high-speed steel that is hardened and tempered to resist wear and tear. It has excellent resistance to corrosion, making it ideal for use in applications where water or other liquids are present.

Some of the key players operating in the tac cemented carbide market are Sandvik, Xinrui, Shareate, SINTER SUD, Kennametal, Mitsubishi Materials, Iscar, Xiamen Tungsten, Zhuzhou Cemented Carbide Group, Zhangyuan Tungsten, Toshiba, JTCC.

The tac cemented carbide market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Tac Cemented Carbide Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Tac Cemented Carbide Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Tac Cemented Carbide Market - Supply Chain
   4.5. Global Tac Cemented Carbide Market Forecast
      4.5.1. Tac Cemented Carbide Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Tac Cemented Carbide Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Tac Cemented Carbide Market Absolute $ Opportunity

5. Global Tac Cemented Carbide Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Tac Cemented Carbide Market Size and Volume Forecast by Type
      5.3.1. Solid solution Type
      5.3.2. Simple substance Type
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Tac Cemented Carbide Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Tac Cemented Carbide Market Size and Volume Forecast by Application
      6.3.1. Cutting
      6.3.2. Geological
      6.3.3. Mould
      6.3.4. Structural Parts
      6.3.5. Wear Part
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Tac Cemented Carbide Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Tac Cemented Carbide Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Tac Cemented Carbide Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Tac Cemented Carbide Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Tac Cemented Carbide Demand Share Forecast, 2019-2026

9. North America Tac Cemented Carbide Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Tac Cemented Carbide Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Tac Cemented Carbide Market Size and Volume Forecast by Application
      9.4.1. Cutting
      9.4.2. Geological
      9.4.3. Mould
      9.4.4. Structural Parts
      9.4.5. Wear Part
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Tac Cemented Carbide Market Size and Volume Forecast by Type
      9.7.1. Solid solution Type
      9.7.2. Simple substance Type
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Tac Cemented Carbide Demand Share Forecast, 2019-2026

10. Latin America Tac Cemented Carbide Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Tac Cemented Carbide Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Tac Cemented Carbide Market Size and Volume Forecast by Application
      10.4.1. Cutting
      10.4.2. Geological
      10.4.3. Mould
      10.4.4. Structural Parts
      10.4.5. Wear Part
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Tac Cemented Carbide Market Size and Volume Forecast by Type
      10.7.1. Solid solution Type
      10.7.2. Simple substance Type
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Tac Cemented Carbide Demand Share Forecast, 2019-2026

11. Europe Tac Cemented Carbide Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Tac Cemented Carbide Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Tac Cemented Carbide Market Size and Volume Forecast by Application
      11.4.1. Cutting
      11.4.2. Geological
      11.4.3. Mould
      11.4.4. Structural Parts
      11.4.5. Wear Part
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Tac Cemented Carbide Market Size and Volume Forecast by Type
      11.7.1. Solid solution Type
      11.7.2. Simple substance Type
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Tac Cemented Carbide Demand Share, 2019-2026

12. Asia Pacific Tac Cemented Carbide Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Tac Cemented Carbide Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Tac Cemented Carbide Market Size and Volume Forecast by Application
      12.4.1. Cutting
      12.4.2. Geological
      12.4.3. Mould
      12.4.4. Structural Parts
      12.4.5. Wear Part
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Tac Cemented Carbide Market Size and Volume Forecast by Type
      12.7.1. Solid solution Type
      12.7.2. Simple substance Type
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Tac Cemented Carbide Demand Share, 2019-2026

13. Middle East & Africa Tac Cemented Carbide Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Tac Cemented Carbide Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Tac Cemented Carbide Market Size and Volume Forecast by Application
      13.4.1. Cutting
      13.4.2. Geological
      13.4.3. Mould
      13.4.4. Structural Parts
      13.4.5. Wear Part
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Tac Cemented Carbide Market Size and Volume Forecast by Type
      13.7.1. Solid solution Type
      13.7.2. Simple substance Type
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Tac Cemented Carbide Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Tac Cemented Carbide Market: Market Share Analysis
   14.2. Tac Cemented Carbide Distributors and Customers
   14.3. Tac Cemented Carbide Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Sandvik Overview Financials Developments Strategic Outlook
      14.4.2. Xinrui Overview Financials Developments Strategic Outlook
      14.4.3. Shareate Overview Financials Developments Strategic Outlook
      14.4.4. SINTER SUD Overview Financials Developments Strategic Outlook
      14.4.5. Kennametal Overview Financials Developments Strategic Outlook
      14.4.6. Mitsubishi Materials Overview Financials Developments Strategic Outlook
      14.4.7. Iscar Overview Financials Developments Strategic Outlook
      14.4.8. Xiamen Tungsten Overview Financials Developments Strategic Outlook
      14.4.9. Zhuzhou Cemented Carbide Group Overview Financials Developments Strategic Outlook
      14.4.10. Zhangyuan Tungsten Overview Financials Developments Strategic Outlook
      14.4.11. Toshiba Overview Financials Developments Strategic Outlook
      14.4.12. JTCC Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us