Tungsten Market Industry Analysis, Key Players, Growth, Trends, DemandPosted by Nikhil khadilkar on August 8th, 2019 Tungsten Market - Overview Tungsten Market, also known as wolframis, is a naturally occurring chemical element. It exists on the Earth combination with other elements in the form of chemical compounds. Wolframite and Scheelite are the important ores of tungsten. Tungsten is primarily used in manufacturing hard metals based on tungsten carbide which is one of the hardest carbides. On account of its hardness it is widely used in manufacturing wear-resistant abrasives and cutting tools and equipment. This application accounts for more than 50% of the industrial consumption of the tungsten. Additionally, the ability of tungsten carbide to resist abrasion it is widely used in making jewelries. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7050 Based on metal, the Global Tungsten Market has been segmented into foils, ribbons, wires, rods, tubes, and sheets & strips. Ribbons segment held the largest market share in 2017 on account of significant use in vast industrial applications and in vapor deposition processes. It is widely used in the electronic industry owing to high electrical resistance. Competitive Analysis: The leading players in the global tungsten market are
Regional Analysis: The global Tungsten market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at a high CAGR owing to the rising product demand in the automotive and electronics and electrical industries. North America is expected to witness significant growth during the forest period. This is mainly due to the growing demand for the product in various industrial application such as aerospace and defense. Market Segmentation: The global Tungsten market has been segmented based on form, product, end-use, and region. Based on form, the global tungsten market has been segregated into foils, ribbons, wires, rods, tubes, and sheets & strips. By product, the market has been categorized into carbides, tungsten alloys, tungsten mill products, tungsten chemicals, and others. Based on end-us, the market has been divided into automotive, aerospace & defense, machine tools & equipment, electrical & electronics, chemicals, and others. For More Information @ https://www.marketresearchfuture.com/reports/tungsten-market-7050 List of Tables: Table 1 Global Tungsten Market, By Region, 2016–2023 Table 2 North America: Tungsten Market, By Country, 2016–2023 Table 3 Europe: Tungsten Market, By Country, 2016–2023 To Be Continue…… List of Figures: FIGURE 1 Tungsten Market Segmentation FIGURE 2 Forecast Methodology FIGURE 3 Porter’s Five Forces Analysis Of Tungsten Market FIGURE 4 Value Chain/Supply Chain Of Tungsten Market To Be Continue…… About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Like it? Share it! More by this author |