Global Tungsten Market Overview And Scope:
Global Tungsten Market Size was estimated at USD 1122.1 million in 2022 and is projected to reach USD 1665.2 million by 2028, exhibiting a CAGR of 6.8% during the forecast period.
The Global Tungsten Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of Tungsten utilized both primary and secondary data sources to calculate present and past market values to forecast potential market management for the forecast period between 2025 and 2032. It includes the study of a wide range of industry parameters, including government policies, market environments, competitive landscape, historical data, current market trends, technological innovations, upcoming technologies, and technological progress within related industries. Additionally, the report provides an in-depth analysis of the value chain and supply chain to demonstrate how value is added at every stage in the product lifecycle. The study incorporates market dynamics such as drivers, restraints/challenges, trends, and their impact on the market.
Top Key Players Mentioned Are: Xiamen Tungsten, Chongyi ZhangYuan Tungsten, GuangDong XiangLu Tungsten, Global Tungsten & Powders, China Tungsten & Hightech, JXTC, Japan New Metals, Jiangxi Yaosheng Tungsten, China Molybdenum, Ganzhou Haichuang Tungsten, Kennametal, A.L.M.T. Corp, Ganzhou Yatai Tungsten, Wolfram Company JSC, Treibacher Industrie, H.C. Starck, TaeguTec Ltd, Eurotungstene (Umicore), Buffalo Tungsten
Global Tungsten Market Segmentation
By Type, Tungsten market has been segmented into:
Up to 1μm
1-10μm
10-50μm
Others
By Application, Tungsten market has been segmented into:
Cemented Carbide
Tungsten Mill Products
Steel and Alloy
Others
Regional Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Tungsten market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Tungsten market.
Top Key Players Covered in Tungsten market are:
Xiamen Tungsten
Chongyi ZhangYuan Tungsten
GuangDong XiangLu Tungsten
Global Tungsten & Powders
China Tungsten & Hightech
JXTC
Japan New Metals
Jiangxi Yaosheng Tungsten
China Molybdenum
Ganzhou Haichuang Tungsten
Kennametal
A.L.M.T. Corp
Ganzhou Yatai Tungsten
Wolfram Company JSC
Treibacher Industrie
H.C. Starck
TaeguTec Ltd
Eurotungstene (Umicore)
Buffalo Tungsten
Objective to buy this Report:
1. Tungsten analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Tungsten market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Tungsten Market by Type
5.1 Tungsten Market Overview Snapshot and Growth Engine
5.2 Tungsten Market Overview
5.3 Up to 1μm
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Up to 1μm: Geographic Segmentation
5.4 1-10μm
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 1-10μm: Geographic Segmentation
5.5 10-50μm
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 10-50μm: Geographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Geographic Segmentation
Chapter 6: Tungsten Market by Application
6.1 Tungsten Market Overview Snapshot and Growth Engine
6.2 Tungsten Market Overview
6.3 Cemented Carbide
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Cemented Carbide: Geographic Segmentation
6.4 Tungsten Mill Products
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Tungsten Mill Products: Geographic Segmentation
6.5 Steel and Alloy
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Steel and Alloy: Geographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Tungsten Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Tungsten Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Tungsten Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 XIAMEN TUNGSTEN
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 CHONGYI ZHANGYUAN TUNGSTEN
7.4 GUANGDONG XIANGLU TUNGSTEN
7.5 GLOBAL TUNGSTEN & POWDERS
7.6 CHINA TUNGSTEN & HIGHTECH
7.7 JXTC
7.8 JAPAN NEW METALS
7.9 JIANGXI YAOSHENG TUNGSTEN
7.10 CHINA MOLYBDENUM
7.11 GANZHOU HAICHUANG TUNGSTEN
7.12 KENNAMETAL
7.13 A.L.M.T. CORP
7.14 GANZHOU YATAI TUNGSTEN
7.15 WOLFRAM COMPANY JSC
7.16 TREIBACHER INDUSTRIE
7.17 H.C. STARCK
7.18 TAEGUTEC LTD
7.19 EUROTUNGSTENE (UMICORE)
7.20 BUFFALO TUNGSTEN
Chapter 8: Global Tungsten Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Up to 1μm
8.2.2 1-10μm
8.2.3 10-50μm
8.2.4 Others
8.3 Historic and Forecasted Market Size By Application
8.3.1 Cemented Carbide
8.3.2 Tungsten Mill Products
8.3.3 Steel and Alloy
8.3.4 Others
Chapter 9: North America Tungsten Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Up to 1μm
9.4.2 1-10μm
9.4.3 10-50μm
9.4.4 Others
9.5 Historic and Forecasted Market Size By Application
9.5.1 Cemented Carbide
9.5.2 Tungsten Mill Products
9.5.3 Steel and Alloy
9.5.4 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 US
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Eastern Europe Tungsten Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Up to 1μm
10.4.2 1-10μm
10.4.3 10-50μm
10.4.4 Others
10.5 Historic and Forecasted Market Size By Application
10.5.1 Cemented Carbide
10.5.2 Tungsten Mill Products
10.5.3 Steel and Alloy
10.5.4 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Bulgaria
10.6.2 The Czech Republic
10.6.3 Hungary
10.6.4 Poland
10.6.5 Romania
10.6.6 Rest of Eastern Europe
Chapter 11: Western Europe Tungsten Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Up to 1μm
11.4.2 1-10μm
11.4.3 10-50μm
11.4.4 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Cemented Carbide
11.5.2 Tungsten Mill Products
11.5.3 Steel and Alloy
11.5.4 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 Germany
11.6.2 UK
11.6.3 France
11.6.4 Netherlands
11.6.5 Italy
11.6.6 Russia
11.6.7 Spain
11.6.8 Rest of Western Europe
Chapter 12: Asia Pacific Tungsten Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Up to 1μm
12.4.2 1-10μm
12.4.3 10-50μm
12.4.4 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Cemented Carbide
12.5.2 Tungsten Mill Products
12.5.3 Steel and Alloy
12.5.4 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 China
12.6.2 India
12.6.3 Japan
12.6.4 South Korea
12.6.5 Malaysia
12.6.6 Thailand
12.6.7 Vietnam
12.6.8 The Philippines
12.6.9 Australia
12.6.10 New Zealand
12.6.11 Rest of APAC
Chapter 13: Middle East & Africa Tungsten Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Up to 1μm
13.4.2 1-10μm
13.4.3 10-50μm
13.4.4 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Cemented Carbide
13.5.2 Tungsten Mill Products
13.5.3 Steel and Alloy
13.5.4 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Turkey
13.6.2 Bahrain
13.6.3 Kuwait
13.6.4 Saudi Arabia
13.6.5 Qatar
13.6.6 UAE
13.6.7 Israel
13.6.8 South Africa
Chapter 14: South America Tungsten Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Up to 1μm
14.4.2 1-10μm
14.4.3 10-50μm
14.4.4 Others
14.5 Historic and Forecasted Market Size By Application
14.5.1 Cemented Carbide
14.5.2 Tungsten Mill Products
14.5.3 Steel and Alloy
14.5.4 Others
14.6 Historic and Forecast Market Size by Country
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Tungsten Scope:
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Report Data
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Tungsten Market
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Tungsten Market Size in 2025
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USD XX million
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Tungsten CAGR 2025 - 2032
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XX%
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Tungsten Base Year
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2024
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Tungsten Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Xiamen Tungsten, Chongyi ZhangYuan Tungsten, GuangDong XiangLu Tungsten, Global Tungsten & Powders, China Tungsten & Hightech, JXTC, Japan New Metals, Jiangxi Yaosheng Tungsten, China Molybdenum, Ganzhou Haichuang Tungsten, Kennametal, A.L.M.T. Corp, Ganzhou Yatai Tungsten, Wolfram Company JSC, Treibacher Industrie, H.C. Starck, TaeguTec Ltd, Eurotungstene (Umicore), Buffalo Tungsten.
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Key Segments
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By Type
Up to 1μm
1-10μm
10-50μm
Others
By Applications
Cemented Carbide
Tungsten Mill Products
Steel and Alloy
Others
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