What was the estimated global Tungsten Market size in 2017?

Tungsten Market was valued at 3.5 bn in 2017. Read More

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Tungsten Market Share

Name: Global Tungsten Market Size and Share | Industry Outlook - 2025
Creator: Global Market Insights
License: https://www.gminsights.com/privacy-policy

Report ID: GMI1249
Published Date: Nov 2018
Report Format: PDF

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Tungsten Market Share

Some of the key players in the tungsten industry includes

Xiamen Tungsten Company
China Minmetals Corporation
Chongyi ZhangYuan Tungsten Company
Global Tungsten & Powders Corporation
Wolfram Bergbau-und Hutten AG
H.C. Starck
Guangdong Xianglu Tungsten Company
Japan New Metals Company
Soloro
Specialty Metals Resources SA
Wolfram Company JSC
W Resource

Most of the companies in the market are integrated across the value chain and are involved in raw material production, processing as well as manufacturing of finished products.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Tungsten Market was valued at 3.5 bn in 2017.

The overall Tungsten Market might register a CAGR of 8% over the anticipated period.

According to the report published by Global Market Insights Inc., the tungsten business is supposed to attain $8.5 billion (USD) by 2025.

Rising demand for hard metals, increasing use of tungsten in various alloys and proliferation in electronic industry are the major key factors expected to drive the growth of global market.

Xiamen Tungsten Co. Ltd., China Minmetals Corporation, Chongyi ZhangYuan Tungsten Co. Ltd., Global Tungsten & Powders Corporation, Wolfram Bergbau-und Hutten AG, H.C. Starck GmbH, Guangdong Xianglu Tungsten Co. Ltd., Japan New Metals Co. Ltd., Soloro S.L.U., Specialty Metals Resources SA, Wolfram Company JSC are some of the top contributors in the industry.

Based on the application, the tungsten carbide segment registered a significant market share in 2017 and is projected to record a remarkable growth rate throughout the forecast period.