The global tungsten wires market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for tungsten wires in various applications such as medical devices, LEEP and LEED electrodes, corona generation, vacuum heating elements, filaments and thermionic emitters. Tungsten wire is used in medical devices due to its high melting point which makes it suitable for use in surgical instruments such as scalpels and needles. Tungsten wire is also used in LEEP and LEED electrodes due to its ability to withstand high temperatures without breaking down or melting. Tungsten wire is also used as a corona generator because it has a low resistance which allows it to generate an electric arc with ease. Vacuum heating elements are another application where tungsten wires are widely used because they have excellent thermal conductivity properties that allow them transfer heat quickly from one place to another without any loss of energy or power dissipation.
Some Of The Growth Factors Of This Market:
- Tungsten wire is used in the production of electric light bulbs, vacuum tubes, and other electrical devices.
- The demand for tungsten wire is expected to increase as the world's population grows and more people are able to afford electricity-consuming products such as televisions, computers, and air conditioners.
- Tungsten wire prices are expected to rise due to increased demand from China's growing economy and its need for raw materials such as tungsten ore.
- The price of tungsten ore has been increasing since 2008 due to a global shortage of supply which has led many mining companies in China to shut down their operations or reduce production levels because they cannot afford the high cost of mining equipment or labor costs associated with mining operations in China.
Industry Growth Insights published a new data on “Tungsten Wires Market”. The research report is titled “Tungsten Wires Market research by Types (Purity 99.99%- 99.999%, Purity 99.9%- 99.99%, Purity 99%- 99.9%), By Applications (Medical Devices, LEEP and LEED Electrodes, Corona Generation, Vacuum Heating Elements, Filaments, Thermionic Emitters, Others), By Players/Companies Luma Metall, Elmet Technologies, Electron Microscopy Science, Rhenium Alloys, Inc., American Elements, A.L.M.T. Corp. , Metal Cutting Corporation, Advent Research Materials Ltd, Midwest Tungsten Service, Nippon Tungsten, Yu Vacuum Electronic Materials Co., Ltd. , Plansee, Giant Metal, Scientific Instrument Services, MaTecK, MTI Corporation, Ultra Minor Metals Ltd, LuoyangYamu Nonferrous Metals Co., Ltd. , CHEMETAL USA , Goodfellow”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tungsten Wires Market Research Report
By Type
Purity 99.99%- 99.999%, Purity 99.9%- 99.99%, Purity 99%- 99.9%
By Application
Medical Devices, LEEP and LEED Electrodes, Corona Generation, Vacuum Heating Elements, Filaments, Thermionic Emitters, Others
By Companies
Luma Metall, Elmet Technologies, Electron Microscopy Science, Rhenium Alloys, Inc., American Elements, A.L.M.T. Corp. , Metal Cutting Corporation, Advent Research Materials Ltd, Midwest Tungsten Service, Nippon Tungsten, Yu Vacuum Electronic Materials Co., Ltd. , Plansee, Giant Metal, Scientific Instrument Services, MaTecK, MTI Corporation, Ultra Minor Metals Ltd, LuoyangYamu Nonferrous Metals Co., Ltd. , CHEMETAL USA , Goodfellow
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Tungsten Wires Market Report Segments:
The global Tungsten Wires market is segmented on the basis of:
Types
Purity 99.99%- 99.999%, Purity 99.9%- 99.99%, Purity 99%- 99.9%
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
Medical Devices, LEEP and LEED Electrodes, Corona Generation, Vacuum Heating Elements, Filaments, Thermionic Emitters, 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:
- Luma Metall
- Elmet Technologies
- Electron Microscopy Science
- Rhenium Alloys, Inc.
- American Elements
- A.L.M.T. Corp.
- Metal Cutting Corporation
- Advent Research Materials Ltd
- Midwest Tungsten Service
- Nippon Tungsten
- Yu Vacuum Electronic Materials Co., Ltd.Â
- Plansee
- Giant Metal
- Scientific Instrument Services
- MaTecK
- MTI Corporation
- Ultra Minor Metals Ltd
- LuoyangYamu Nonferrous Metals Co., Ltd.Â
- CHEMETAL USAÂ
- Goodfellow
Highlights of The Tungsten Wires 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:
- Purity 99.99%- 99.999%
- Purity 99.9%- 99.99%
- Purity 99%- 99.9%
- By Application:
- Medical Devices
- LEEP and LEED Electrodes
- Corona Generation
- Vacuum Heating Elements
- Filaments
- Thermionic Emitters
- 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 Wires 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
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- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Tungsten wires are a type of wire that is made from tungsten. They are used in a variety of applications, including electrical wiring and lighting. Tungsten wires are strong and durable, making them ideal for use in high-traffic areas.
Some of the key players operating in the tungsten wires market are Luma Metall, Elmet Technologies, Electron Microscopy Science, Rhenium Alloys, Inc., American Elements, A.L.M.T. Corp. , Metal Cutting Corporation, Advent Research Materials Ltd, Midwest Tungsten Service, Nippon Tungsten, Yu Vacuum Electronic Materials Co., Ltd.‚Â , Plansee, Giant Metal, Scientific Instrument Services, MaTecK, MTI Corporation, Ultra Minor Metals Ltd, LuoyangYamu Nonferrous Metals Co., Ltd.‚Â , CHEMETAL USA‚Â , Goodfellow.
The tungsten wires market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tungsten Wires 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 Wires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tungsten Wires Market - Supply Chain
4.5. Global Tungsten Wires Market Forecast
4.5.1. Tungsten Wires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tungsten Wires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tungsten Wires Market Absolute $ Opportunity
5. Global Tungsten Wires 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 Wires Market Size and Volume Forecast by Type
5.3.1. Purity 99.99%- 99.999%
5.3.2. Purity 99.9%- 99.99%
5.3.3. Purity 99%- 99.9%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tungsten Wires 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 Wires Market Size and Volume Forecast by Application
6.3.1. Medical Devices
6.3.2. LEEP and LEED Electrodes
6.3.3. Corona Generation
6.3.4. Vacuum Heating Elements
6.3.5. Filaments
6.3.6. Thermionic Emitters
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tungsten Wires 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 Wires 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 Wires 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 Wires 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 Wires Demand Share Forecast, 2019-2026
9. North America Tungsten Wires 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 Wires 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 Wires Market Size and Volume Forecast by Application
9.4.1. Medical Devices
9.4.2. LEEP and LEED Electrodes
9.4.3. Corona Generation
9.4.4. Vacuum Heating Elements
9.4.5. Filaments
9.4.6. Thermionic Emitters
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tungsten Wires Market Size and Volume Forecast by Type
9.7.1. Purity 99.99%- 99.999%
9.7.2. Purity 99.9%- 99.99%
9.7.3. Purity 99%- 99.9%
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 Wires Demand Share Forecast, 2019-2026
10. Latin America Tungsten Wires 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 Wires 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 Wires Market Size and Volume Forecast by Application
10.4.1. Medical Devices
10.4.2. LEEP and LEED Electrodes
10.4.3. Corona Generation
10.4.4. Vacuum Heating Elements
10.4.5. Filaments
10.4.6. Thermionic Emitters
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tungsten Wires Market Size and Volume Forecast by Type
10.7.1. Purity 99.99%- 99.999%
10.7.2. Purity 99.9%- 99.99%
10.7.3. Purity 99%- 99.9%
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 Wires Demand Share Forecast, 2019-2026
11. Europe Tungsten Wires 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 Wires 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 Wires Market Size and Volume Forecast by Application
11.4.1. Medical Devices
11.4.2. LEEP and LEED Electrodes
11.4.3. Corona Generation
11.4.4. Vacuum Heating Elements
11.4.5. Filaments
11.4.6. Thermionic Emitters
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tungsten Wires Market Size and Volume Forecast by Type
11.7.1. Purity 99.99%- 99.999%
11.7.2. Purity 99.9%- 99.99%
11.7.3. Purity 99%- 99.9%
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 Wires Demand Share, 2019-2026
12. Asia Pacific Tungsten Wires 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 Wires 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 Wires Market Size and Volume Forecast by Application
12.4.1. Medical Devices
12.4.2. LEEP and LEED Electrodes
12.4.3. Corona Generation
12.4.4. Vacuum Heating Elements
12.4.5. Filaments
12.4.6. Thermionic Emitters
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tungsten Wires Market Size and Volume Forecast by Type
12.7.1. Purity 99.99%- 99.999%
12.7.2. Purity 99.9%- 99.99%
12.7.3. Purity 99%- 99.9%
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 Wires Demand Share, 2019-2026
13. Middle East & Africa Tungsten Wires 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 Wires 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 Wires Market Size and Volume Forecast by Application
13.4.1. Medical Devices
13.4.2. LEEP and LEED Electrodes
13.4.3. Corona Generation
13.4.4. Vacuum Heating Elements
13.4.5. Filaments
13.4.6. Thermionic Emitters
13.4.7. 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 Wires Market Size and Volume Forecast by Type
13.7.1. Purity 99.99%- 99.999%
13.7.2. Purity 99.9%- 99.99%
13.7.3. Purity 99%- 99.9%
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 Wires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tungsten Wires Market: Market Share Analysis
14.2. Tungsten Wires Distributors and Customers
14.3. Tungsten Wires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Luma Metall
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Elmet Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Electron Microscopy Science
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rhenium Alloys, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. American Elements
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. A.L.M.T. Corp.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Metal Cutting Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Advent Research Materials Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Midwest Tungsten Service
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nippon 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. Yu Vacuum Electronic Materials Co., Ltd.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Plansee
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Giant Metal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Scientific Instrument Services
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. MaTecK
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MTI Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ultra Minor Metals Ltd
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. LuoyangYamu Nonferrous Metals Co., Ltd.
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CHEMETAL USA
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Goodfellow
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
