Market Overview:
The global tungsten sheets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for tungsten sheets in various end-use industries, such as chemical industry, aerospace & military industry, machinery, and other applications. In terms of type, the alloy segment is expected to hold a larger share of the global market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio and corrosion resistance that make it suitable for use in various end-use industries.
Product Definition:
A Tungsten Sheet is a sheet of tungsten that has been machined into a specific shape and size. Tungsten Sheets are often used in the manufacturing of light bulbs, as they can withstand high temperatures without melting.
Alloy:
Alloy is a mixture of two or more metals, which are chemically bonded together. The most common alloys are steel and iron (bronze), but copper and tin (bronze) also exist. Tungsten sheets contain tungsten metal with three layers of aluminum alloy: the outermost layer is made from aluminum; followed by an inner layer of titanium, which is the hardest metal in the world; finally an outermost layer of steel.
Pure Metal:
Pure metal is a term used for tungsten, molybdenum, rhenium and platinum. These metals are in their pure form and do not contain any other element or compound along with them. Pure metal has high thermal conductivity which helps in keeping the temperature of the material constant across its thickness.
Application Insights:
Tungsten sheets are used in a variety of applications including chemical industry, aerospace & military industry, machinery and others. In terms of revenue, the chemical industry accounted for a share of 33.0% in 2017. The growth can be attributed to increasing demand from various end-use industries such as construction materials and electronics over the past few years.
The use of tungsten sheets has increased significantly in recent years owing to properties such as high corrosion resistance which makes it ideal for protection against chemicals and acids at high temperatures.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for a share of over 50% of the global revenue. The region is expected to witness significant growth in terms of consumption as well as production owing to rapid industrialization, especially in China, India, Japan and Southeast Asian countries. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive the product demand over the forecast period.
The aerospace & defense industry is one of the major end-users for tungsten sheets across Asia Pacific owing to its high technological advancements along with growing military expenditure by various governments around world including China and India which has resulted into increased product demand across this region.
Growth Factors:
- Increasing demand from the aerospace and defense sectors: The global Tungsten Sheets market is expected to be driven by the increasing demand from the aerospace and defense sectors. Tungsten sheets are used in a variety of applications in these sectors, including aircraft engines, missiles, and spacecrafts.
- Growing demand for tungsten alloys: Tungsten alloys are increasingly being used in a number of industrial applications owing to their superior properties such as high strength-to-weight ratio and resistance to corrosion. This is expected to drive the growth of the global Tungsten Sheets market over the forecast period.
- Rising popularity of tungsten carbide tools: Tungsten carbide tools are widely used in various industrial applications owing to their superior wear resistance and toughness properties as compared with other materials such as steel or aluminum alloys. This is likely to boost the growth of the global Tungsten Sheets market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tungsten Sheets Market Research Report
By Type
Alloy, Pure Metal
By Application
Chemical Industry, Aerospace & Military Industry, Machinery, Other
By Companies
Eagle Alloys Corporation, American Elements, Best Tungsten Metal, Scientific Instrument, H. Cross, Z. Haydu, T&D Materials, EJ Carbide, MI-Tech, Station Eight, Huameicheng Watch
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Tungsten Sheets Market Report Segments:
The global Tungsten Sheets market is segmented on the basis of:
Types
Alloy, Pure Metal
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
Chemical Industry, Aerospace & Military Industry, Machinery, 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:
- Eagle Alloys Corporation
- American Elements
- Best Tungsten Metal
- Scientific Instrument
- H. Cross
- Z. Haydu
- T&D Materials
- EJ Carbide
- MI-Tech
- Station Eight
- Huameicheng Watch
Highlights of The Tungsten Sheets 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:
- Alloy
- Pure Metal
- By Application:
- Chemical Industry
- Aerospace & Military Industry
- Machinery
- 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 Sheets 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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- Product & Brand Management
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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 sheets are a type of metal sheet that is made from tungsten. They are used in a variety of industries, including the automotive and aerospace industries. Tungsten sheets can be cut to any shape or size, and they are often used in parts that need to be strong and durable.
Some of the major players in the tungsten sheets market are Eagle Alloys Corporation, American Elements, Best Tungsten Metal, Scientific Instrument, H. Cross, Z. Haydu, T&D Materials, EJ Carbide, MI-Tech, Station Eight, Huameicheng Watch.
The tungsten sheets market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tungsten Sheets 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 Sheets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tungsten Sheets Market - Supply Chain
4.5. Global Tungsten Sheets Market Forecast
4.5.1. Tungsten Sheets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tungsten Sheets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tungsten Sheets Market Absolute $ Opportunity
5. Global Tungsten Sheets 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 Sheets Market Size and Volume Forecast by Type
5.3.1. Alloy
5.3.2. Pure Metal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tungsten Sheets 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 Sheets Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Aerospace & Military Industry
6.3.3. Machinery
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tungsten Sheets 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 Sheets 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 Sheets 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 Sheets 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 Sheets Demand Share Forecast, 2019-2029
9. North America Tungsten Sheets 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 Sheets 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 Sheets Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Aerospace & Military Industry
9.4.3. Machinery
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tungsten Sheets Market Size and Volume Forecast by Type
9.7.1. Alloy
9.7.2. Pure Metal
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 Sheets Demand Share Forecast, 2019-2029
10. Latin America Tungsten Sheets 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 Sheets 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 Sheets Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Aerospace & Military Industry
10.4.3. Machinery
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tungsten Sheets Market Size and Volume Forecast by Type
10.7.1. Alloy
10.7.2. Pure Metal
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 Sheets Demand Share Forecast, 2019-2029
11. Europe Tungsten Sheets 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 Sheets 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 Sheets Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Aerospace & Military Industry
11.4.3. Machinery
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tungsten Sheets Market Size and Volume Forecast by Type
11.7.1. Alloy
11.7.2. Pure Metal
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/GrowthPotential 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 Sheets Demand Share, 2019-2029
12. Asia Pacific Tungsten Sheets 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 Sheets 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 Sheets Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Aerospace & Military Industry
12.4.3. Machinery
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tungsten Sheets Market Size and Volume Forecast by Type
12.7.1. Alloy
12.7.2. Pure Metal
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 Sheets Demand Share, 2019-2029
13. Middle East & Africa Tungsten Sheets 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 Sheets 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 Sheets Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Aerospace & Military Industry
13.4.3. Machinery
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tungsten Sheets Market Size and Volume Forecast by Type
13.7.1. Alloy
13.7.2. Pure Metal
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 Sheets Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tungsten Sheets Market: Market Share Analysis
14.2. Tungsten Sheets Distributors and Customers
14.3. Tungsten Sheets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eagle Alloys Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. American Elements
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Best Tungsten Metal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Scientific Instrument
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. H. Cross
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Z. Haydu
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. T&D Materials
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EJ Carbide
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MI-Tech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Station Eight
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huameicheng Watch
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
