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.
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
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:
Types
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.
Applications
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:
- Sandvik
- Xinrui
- Shareate
- SINTER SUD
- Kennametal
- Mitsubishi Materials
- Iscar
- Xiamen Tungsten
- Zhuzhou Cemented Carbide Group
- Zhangyuan Tungsten
- Toshiba
- JTCC
Highlights of The Tac Cemented Carbide 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:
- Solid solution Type
- Simple substance Type
- Others
- By Application:
- Cutting
- Geological
- Mould
- Structural Parts
- Wear Part
- 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 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
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?
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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xinrui
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shareate
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SINTER SUD
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kennametal
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Iscar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Xiamen Tungsten
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhuzhou Cemented Carbide Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhangyuan Tungsten
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toshiba
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JTCC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook