Tungsten Carbide Market

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Tungsten Carbide Market Report 2020-2027
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The global Tungsten Carbide market size was
valued at USD 18.25 Billion in 2019 and is
forecasted to reach USD 27.70 Billion by 2027 at
a CAGR of 5.4.
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global Tungsten Carbide Market will be worth
USD 27.70 billion by 2027, according to a current
analysis by Emergen Research. The rising demand
for industrial machineries across various
industries, like aerospace and defense,
industrial engineering, transportation, and
mining and construction, among others is expected
to fuel the demand for tungsten carbide powder in
the future. Additionally, with the growing
emergence for metals, the requirement to raise
their reserve base throughout multiple economies
has made the major competitors to increase the
expenditure regarding mining related and metal
activities. Some Key Highlights From the
Report Key players in the market Sandvik AB,
Ceratizit S.A., Nanchang Cemented Carbide Co.,
Ltd., China Tungsten Online, Kennametal Inc.,
Eurotungstene and Jiangxi Yaosheng Tungsten Co.,
Ltd. among others.
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Market Summary

• Some Key Highlights From the Report
• In February 2020, Switzerland based medical
  device manufacturer, Clariant Plastics Coatings
  Healthcare Polymer Solutions developed a product
  named Mevopur. The technology utilizes tungsten
  carbide as a metallic filler in order for it to
  resist degradation which occurs when exposed to
  extreme humidity and temperature.
• Cemented carbide is forecasted to bring lucrative
  business to the market and is likely to capture a
  market valuation of 48.8 by 2027. Tungsten
  carbide possesses properties such as low wear
  resistance, low abrasion resistance, high
  pressure resistance, and durability. Large
  numbers of manufacturers prefer tungsten carbide
  due to the unique combination of these
  characteristics and their cost effectiveness..
• Forecasted to grow at a CAGR of 5.1, the mining
  and construction segment is projected to register
  a potential growth which can be attributed to the
  growing number of mining activities across the
  developing nations Additionally, the automotive
  segment is also likely to project a significant
  growth throughout the forecasted period because
  of the growing usage of tungsten carbide in the
  manufacturing of automobiles.
• Request Free Sample Copy_at_ https//www.emergenresea
  rch.com/request-sample/268

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Market Summary

• For the purpose of this report, Emergen Research
  has segmented into the global Tungsten Carbide
  Market on the application, end user and region
• Application Outlook (Revenue, USD Billion
  2017-2027)
• Cemented Carbide
• Coatings
• Alloys
• Others
• End User Outlook (Revenue, USD Billion
  2017-2027)
• Aerospace and Defense
• Automotive
• Mining and Construction
• Electronics
• Others
• Read More_at_ https//www.emergenresearch.com/industr
  y-report/tungsten-carbide-market

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Parameter Details
Market Size Estimation Period 2020-2027
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD billion CAGR from 2020 to 2027
Segments Covered Application, End user, Region
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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