The global tungsten powder market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the global tungsten powder market is driven by increasing demand for tungsten in various applications such as automotive, mining, aerospace and aviation, power and others. Tungsten has high melting point which makes it suitable for use in high-temperature applications such as welding electrodes and cutting tools. Tungsten also has low density which makes it an ideal material for use in aircraft engines due to its weight-to-strength ratio. The global tungsten powder market can be segmented on the basis of type (F1, F2, FW1), application (automotive, mining, aerospace and aviation power) and region (North America Latin America Europe Asia Pacific Middle East & Africa). The North American region accounted for the largest share of the global tungsten powder market in 2017 owing to increased demand from automotive industry coupled with growing number of manufacturing facilities in this region.
Some Of The Growth Factors Of This Market:
- Tungsten is a metal that is used in many industries, such as the automotive industry, aerospace industry, and chemical industry.
- The demand for tungsten has been increasing due to its use in the manufacturing of high-performance alloys and ceramics.
- Tungsten powder is used in the production of tungsten carbide which is a hard material that can be used to make cutting tools and wear-resistant parts for machinery.
- The global economic slowdown has led to an increase in demand for tungsten powder as it can be used as an alternative to gold or platinum when making jewelry items such as rings or necklaces because it does not tarnish easily like other metals do over time and it also does not react with other elements like silver does when exposed to sulfur compounds found in air pollution from coal burning power plants or car exhausts which makes it more durable than silver jewelry items are over time; this has led to an increase in demand for tungsten powder from jewelers around the world who want their customers' jewelry pieces to last longer than they would if they were made out of silver or gold without having them tarnish over time due to exposure from sulfur compounds found in air pollution from coal burning power plants or car exhausts which makes them less durable than those made out of platinum or gold are over time; this has led to an increase in demand for tungsten powder by jewelers around the world who want their customers' jewelry pieces made out of platinum or gold without having them tarnish over time due to exposure from sulfur compounds found in air pollution from coal burning power plants or car exhausts which makes them less durable than those made out of platinum or gold are over time; this has led some jewelers around the world who want their customers' jewelry pieces made out of platinum or gold without having them tarnish over time due to exposure from sulfur compounds found in air pollution from coal burning power plants or car exhausts which makes them less durable than those made out of platinum o.
Industry Growth Insights published a new data on “Tungsten Powder Market”. The research report is titled “Tungsten Powder Market research by Types (FW-1, FW-2, FWP-1), By Applications (Automotive, Mining, Aerospace and Aviation, Power, Others), By Players/Companies A.L.M.T., Eurotungstene, Elmet Technologies, GTP, GEM, TaeguTec, Wolfram, H.C. Starck, XiamenTungsten, Zhangyuan Tungsten, Jiangxi Tungsten Industry, Nanchang Cemented Carbide, Longxintai Tungsten, Ganzhou Grand Sea, Weiliang Tungsten, Xianglu Tungsten”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tungsten Powder Market Research Report
By Type
FW-1, FW-2, FWP-1
By Application
Automotive, Mining, Aerospace and Aviation, Power, Others
By Companies
A.L.M.T., Eurotungstene, Elmet Technologies, GTP, GEM, TaeguTec, Wolfram, H.C. Starck, XiamenTungsten, Zhangyuan Tungsten, Jiangxi Tungsten Industry, Nanchang Cemented Carbide, Longxintai Tungsten, Ganzhou Grand Sea, Weiliang Tungsten, Xianglu Tungsten
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Tungsten Powder Market Report Segments:
The global Tungsten Powder market is segmented on the basis of:
Types
FW-1, FW-2, FWP-1
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
Automotive, Mining, Aerospace and Aviation, Power, Others
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:
- A.L.M.T.
- Eurotungstene
- Elmet Technologies
- GTP
- GEM
- TaeguTec
- Wolfram
- H.C. Starck
- XiamenTungsten
- Zhangyuan Tungsten
- Jiangxi Tungsten Industry
- Nanchang Cemented Carbide
- Longxintai Tungsten
- Ganzhou Grand Sea
- Weiliang Tungsten
- Xianglu Tungsten
Highlights of The Tungsten 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:
- FW-1
- FW-2
- FWP-1
- By Application:
- Automotive
- Mining
- Aerospace and Aviation
- Power
- Others
- 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 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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- Correctly Positioning New Products
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- Understanding Competition Scenario
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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 powder is a white, odorless, and tasteless powder that is used in manufacturing various products. It can be found as an ingredient in fireworks, smoke detectors, and other industrial applications.
Some of the major companies in the tungsten powder market are A.L.M.T., Eurotungstene, Elmet Technologies, GTP, GEM, TaeguTec, Wolfram, H.C. Starck, XiamenTungsten, Zhangyuan Tungsten, Jiangxi Tungsten Industry, Nanchang Cemented Carbide, Longxintai Tungsten, Ganzhou Grand Sea, Weiliang Tungsten, Xianglu Tungsten.
The tungsten powder market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tungsten Powder 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. Tungsten Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tungsten Powder Market - Supply Chain
4.5. Global Tungsten Powder Market Forecast
4.5.1. Tungsten Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tungsten Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tungsten Powder Market Absolute $ Opportunity
5. Global Tungsten Powder 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. Tungsten Powder Market Size and Volume Forecast by Type
5.3.1. FW-1
5.3.2. FW-2
5.3.3. FWP-1
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tungsten Powder 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. Tungsten Powder Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Mining
6.3.3. Aerospace and Aviation
6.3.4. Power
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tungsten Powder 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. Tungsten Powder 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 Tungsten Powder 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. Tungsten Powder 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 Tungsten Powder Demand Share Forecast, 2019-2029
9. North America Tungsten Powder 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 Tungsten Powder 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 Tungsten Powder Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Mining
9.4.3. Aerospace and Aviation
9.4.4. Power
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tungsten Powder Market Size and Volume Forecast by Type
9.7.1. FW-1
9.7.2. FW-2
9.7.3. FWP-1
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 Tungsten Powder Demand Share Forecast, 2019-2029
10. Latin America Tungsten Powder 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 Tungsten Powder 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 Tungsten Powder Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Mining
10.4.3. Aerospace and Aviation
10.4.4. Power
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tungsten Powder Market Size and Volume Forecast by Type
10.7.1. FW-1
10.7.2. FW-2
10.7.3. FWP-1
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 Tungsten Powder Demand Share Forecast, 2019-2029
11. Europe Tungsten Powder 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 Tungsten Powder 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 Tungsten Powder Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Mining
11.4.3. Aerospace and Aviation
11.4.4. Power
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tungsten Powder Market Size and Volume Forecast by Type
11.7.1. FW-1
11.7.2. FW-2
11.7.3. FWP-1
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 Tungsten Powder Demand Share, 2019-2029
12. Asia Pacific Tungsten Powder 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 Tungsten Powder 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 Tungsten Powder Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Mining
12.4.3. Aerospace and Aviation
12.4.4. Power
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tungsten Powder Market Size and Volume Forecast by Type
12.7.1. FW-1
12.7.2. FW-2
12.7.3. FWP-1
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 Tungsten Powder Demand Share, 2019-2029
13. Middle East & Africa Tungsten Powder 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 Tungsten Powder 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 Tungsten Powder Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Mining
13.4.3. Aerospace and Aviation
13.4.4. Power
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tungsten Powder Market Size and Volume Forecast by Type
13.7.1. FW-1
13.7.2. FW-2
13.7.3. FWP-1
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 Tungsten Powder Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tungsten Powder Market: Market Share Analysis
14.2. Tungsten Powder Distributors and Customers
14.3. Tungsten Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. A.L.M.T.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eurotungstene
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elmet Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GTP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GEM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TaeguTec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wolfram
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. H.C. Starck
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. XiamenTungsten
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. Jiangxi Tungsten Industry
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nanchang Cemented Carbide
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Longxintai Tungsten
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ganzhou Grand Sea
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Weiliang Tungsten
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Xianglu Tungsten
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