Global Tungsten Carbide Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Tungsten Carbide Market.
Companies Mentioned are Carborundum Universal, CY CARBIDE, H.C. Starck, Kennametal, Nanchang Cemented Carbide, and Sandvik. And Other Prominent Vendors in the market are: Buffalo Tungsten, Chengdu Linray Carbide, Chengdu WOCO Carbide Industry, ChinaTungsten (Xiamen), DAAO Industry, DMEGC, Global Tungsten & Powders, Lineage Alloys, Reade International, Sinter Sud, Total Carbide, Ultra Carbide, and Zigong Huagang Cemented Carbide New Material.
The global Tungsten Carbide market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Essential points covered in Global Tungsten Carbide Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Tungsten Carbide market?
- What are the key market trends impacting the growth of the global Tungsten Carbide market?
- What are the challenges to market growth?
- Who are the key vendors in the global Tungsten Carbide market?
- What are the market opportunities and threats faced by the vendors in the global Tungsten Carbide market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Tungsten Carbide market?
This independent 94 page report guarantees you will remain better informed than your competition. With over 170 tables and figures examining the Tungsten Carbide market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Tungsten Carbide in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Tungsten Carbide industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Tungsten Carbide industry development trends and marketing channels are analyzed.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Tungsten Carbide on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Tungsten Carbide Market and assist manufacturers and investment organization to better grasp the development course of Tungsten Carbide Market.
Commenting on the report, an analyst from MIR’s team said: “One trend in the market is emerging applications of tungsten carbide. In addition to the use of tungsten carbide in machine tools, cutting tools, dies, punches, and abrasives, technological advancements are showcasing the rich prospect for the use of tungsten carbide for new emerging applications. One of the applications is the use of tungsten carbide as a reforming catalyst for the conversion of natural gas to hydrogen gas.”
According to the report, one driver in the market is recycling of tungsten from scrap. The global tungsten carbide market has witnessed a continuous growth over the past few decades, which resulted in an increasing consumption of tungsten. Recycling of tungsten carbide is gaining popularity with recent feasible and advanced techniques showcasing effective extraction of tungsten from scrap. Currently, two methods are in practice for tungsten carbide recycling, which include the direct method and the indirect method.
Further, the report states that one challenge in the market is economic slowdown in China. Recent weak economic conditions in China resulted in more tungsten supply and less consumption. As a result, a downward trend in the price of tungsten was observed during 2013-2015. As China is the leading producer of tungsten ores with more than 60% of the global share, the economic slowdown and downward price trend affected the global tungsten carbide market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.