Global Tungsten Carbide Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Tungsten carbide is a highly dense material constituting of tungsten and carbon as their constituent materials. They exhibit significant properties like extreme hardness, toughness, wear & abrasion resistance, pressure resistance, and many more. 

Scope of the Report:

This report focuses on the Tungsten Carbide in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The increasing demand from the mining and construction industries is one of the primary growth factors for this market. The growing mining and construction industries in developing countries, especially in China, India, Malaysia, and Japan and the increasing urbanization will boost the demand for the construction of residential and commercial buildings during the forecast period. This is estimated to drive the growth prospects of this global market since tungsten carbide is highly used by these industries due to its high toughness, strength, and durability to withstand harsh conditions.

The emerging applications of tungsten carbide is estimated to be one of the major trends that will gain traction in the tungsten carbide market in the coming years. in addition to its applications in machine tools, cutting tools, dies, punches, and abrasives, tungsten carbide also shows rich prospects in new emerging applications such as a reforming catalyst for the conversion of natural gas to hydrogen gas which is used in hydrogen-powered engines and fuel cells.

The worldwide market for Tungsten Carbide is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new report study.

Market Segment by Manufacturers, this report covers

Xiamen Tungsten

China Minmetals Corporation

GuangDong XiangLu Tungsten


Buffalo Tungsten


Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Tungsten Carbide Cobalt Class

Titanium Cobalt Tungsten Carbide

Titanium Tungsten Tantalum Carbide

Market Segment by Applications, can be divided into


Milling Cutter

Boring Cutter




There are 15 Chapters to deeply display the global Tungsten Carbide market.

Chapter 1, to describe Tungsten Carbide Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Tungsten Carbide, with sales, revenue, and price of Tungsten Carbide, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Tungsten Carbide, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Tungsten Carbide market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Tungsten Carbide sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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