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Global High Purity Tungsten Carbide Market Research Report 2025
Synopsis
Tungsten Carbide is the result of combining or alloying carbon with Tungsten, hard and dense metal with a high melting point. Tungsten Carbide occasions a deep gray color in its untreated, natural state but can be polished, sandblasted, or carved to give it a wide range of finishing aesthetics.
The global High Purity Tungsten Carbide market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for High Purity Tungsten Carbide is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for High Purity Tungsten Carbide is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of High Purity Tungsten Carbide include Sandvik, China Minmetals Corporation, Element Six, Jiangxi Yaosheng, GuangDong XiangLu Tungsten, Chongyi Zhangyyuan Tungsten, Plansee (GTP), JXTC and Japan New Metals, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for High Purity Tungsten Carbide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Tungsten Carbide.
Report Scope
The High Purity Tungsten Carbide market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Purity Tungsten Carbide market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Purity Tungsten Carbide manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten
Plansee (GTP)
JXTC
Japan New Metals
AST (India)
Kohsei Co Ltd
H.C.Starck
Segment by Type
Purity 99.99%- 99.999%
Purity 99.9%-99.99%
Purity 99%- 99.9%
Segment by Application
Processing and Manufacturing
Industry
Other
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Purity Tungsten Carbide manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Purity Tungsten Carbide by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Purity Tungsten Carbide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Tungsten Carbide is the result of combining or alloying carbon with Tungsten, hard and dense metal with a high melting point. Tungsten Carbide occasions a deep gray color in its untreated, natural state but can be polished, sandblasted, or carved to give it a wide range of finishing aesthetics.
The global High Purity Tungsten Carbide market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for High Purity Tungsten Carbide is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for High Purity Tungsten Carbide is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of High Purity Tungsten Carbide include Sandvik, China Minmetals Corporation, Element Six, Jiangxi Yaosheng, GuangDong XiangLu Tungsten, Chongyi Zhangyyuan Tungsten, Plansee (GTP), JXTC and Japan New Metals, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for High Purity Tungsten Carbide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Tungsten Carbide.
Report Scope
The High Purity Tungsten Carbide market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Purity Tungsten Carbide market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Purity Tungsten Carbide manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten
Plansee (GTP)
JXTC
Japan New Metals
AST (India)
Kohsei Co Ltd
H.C.Starck
Segment by Type
Purity 99.99%- 99.999%
Purity 99.9%-99.99%
Purity 99%- 99.9%
Segment by Application
Processing and Manufacturing
Industry
Other
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Purity Tungsten Carbide manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Purity Tungsten Carbide by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Purity Tungsten Carbide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 High Purity Tungsten Carbide Market Overview
1.1 Product Definition
1.2 High Purity Tungsten Carbide Segment by Type
1.2.1 Global High Purity Tungsten Carbide Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Purity 99.99%- 99.999%
1.2.3 Purity 99.9%-99.99%
1.2.4 Purity 99%- 99.9%
1.3 High Purity Tungsten Carbide Segment by Application
1.3.1 Global High Purity Tungsten Carbide Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Processing and Manufacturing
1.3.3 Industry
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global High Purity Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global High Purity Tungsten Carbide Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global High Purity Tungsten Carbide Production Estimates and Forecasts (2019-2030)
1.4.4 Global High Purity Tungsten Carbide Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Purity Tungsten Carbide Production Market Share by Manufacturers (2019-2024)
2.2 Global High Purity Tungsten Carbide Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of High Purity Tungsten Carbide, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global High Purity Tungsten Carbide Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High Purity Tungsten Carbide Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of High Purity Tungsten Carbide, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Purity Tungsten Carbide, Product Offered and Application
2.8 Global Key Manufacturers of High Purity Tungsten Carbide, Date of Enter into This Industry
2.9 High Purity Tungsten Carbide Market Competitive Situation and Trends
2.9.1 High Purity Tungsten Carbide Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Purity Tungsten Carbide Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Purity Tungsten Carbide Production by Region
3.1 Global High Purity Tungsten Carbide Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global High Purity Tungsten Carbide Production Value by Region (2019-2030)
3.2.1 Global High Purity Tungsten Carbide Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of High Purity Tungsten Carbide by Region (2025-2030)
3.3 Global High Purity Tungsten Carbide Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global High Purity Tungsten Carbide Production by Region (2019-2030)
3.4.1 Global High Purity Tungsten Carbide Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of High Purity Tungsten Carbide by Region (2025-2030)
3.5 Global High Purity Tungsten Carbide Market Price Analysis by Region (2019-2024)
3.6 Global High Purity Tungsten Carbide Production and Value, Year-over-Year Growth
3.6.1 North America High Purity Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe High Purity Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.3 China High Purity Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan High Purity Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
3.6.5 India High Purity Tungsten Carbide Production Value Estimates and Forecasts (2019-2030)
4 High Purity Tungsten Carbide Consumption by Region
4.1 Global High Purity Tungsten Carbide Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global High Purity Tungsten Carbide Consumption by Region (2019-2030)
4.2.1 Global High Purity Tungsten Carbide Consumption by Region (2019-2024)
4.2.2 Global High Purity Tungsten Carbide Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America High Purity Tungsten Carbide Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America High Purity Tungsten Carbide Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Purity Tungsten Carbide Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe High Purity Tungsten Carbide Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific High Purity Tungsten Carbide Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific High Purity Tungsten Carbide Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High Purity Tungsten Carbide Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa High Purity Tungsten Carbide Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global High Purity Tungsten Carbide Production by Type (2019-2030)
5.1.1 Global High Purity Tungsten Carbide Production by Type (2019-2024)
5.1.2 Global High Purity Tungsten Carbide Production by Type (2025-2030)
5.1.3 Global High Purity Tungsten Carbide Production Market Share by Type (2019-2030)
5.2 Global High Purity Tungsten Carbide Production Value by Type (2019-2030)
5.2.1 Global High Purity Tungsten Carbide Production Value by Type (2019-2024)
5.2.2 Global High Purity Tungsten Carbide Production Value by Type (2025-2030)
5.2.3 Global High Purity Tungsten Carbide Production Value Market Share by Type (2019-2030)
5.3 Global High Purity Tungsten Carbide Price by Type (2019-2030)
6 Segment by Application
6.1 Global High Purity Tungsten Carbide Production by Application (2019-2030)
6.1.1 Global High Purity Tungsten Carbide Production by Application (2019-2024)
6.1.2 Global High Purity Tungsten Carbide Production by Application (2025-2030)
6.1.3 Global High Purity Tungsten Carbide Production Market Share by Application (2019-2030)
6.2 Global High Purity Tungsten Carbide Production Value by Application (2019-2030)
6.2.1 Global High Purity Tungsten Carbide Production Value by Application (2019-2024)
6.2.2 Global High Purity Tungsten Carbide Production Value by Application (2025-2030)
6.2.3 Global High Purity Tungsten Carbide Production Value Market Share by Application (2019-2030)
6.3 Global High Purity Tungsten Carbide Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik High Purity Tungsten Carbide Corporation Information
7.1.2 Sandvik High Purity Tungsten Carbide Product Portfolio
7.1.3 Sandvik High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 China Minmetals Corporation
7.2.1 China Minmetals Corporation High Purity Tungsten Carbide Corporation Information
7.2.2 China Minmetals Corporation High Purity Tungsten Carbide Product Portfolio
7.2.3 China Minmetals Corporation High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.2.4 China Minmetals Corporation Main Business and Markets Served
7.2.5 China Minmetals Corporation Recent Developments/Updates
7.3 Element Six
7.3.1 Element Six High Purity Tungsten Carbide Corporation Information
7.3.2 Element Six High Purity Tungsten Carbide Product Portfolio
7.3.3 Element Six High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Element Six Main Business and Markets Served
7.3.5 Element Six Recent Developments/Updates
7.4 Jiangxi Yaosheng
7.4.1 Jiangxi Yaosheng High Purity Tungsten Carbide Corporation Information
7.4.2 Jiangxi Yaosheng High Purity Tungsten Carbide Product Portfolio
7.4.3 Jiangxi Yaosheng High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Jiangxi Yaosheng Main Business and Markets Served
7.4.5 Jiangxi Yaosheng Recent Developments/Updates
7.5 GuangDong XiangLu Tungsten
7.5.1 GuangDong XiangLu Tungsten High Purity Tungsten Carbide Corporation Information
7.5.2 GuangDong XiangLu Tungsten High Purity Tungsten Carbide Product Portfolio
7.5.3 GuangDong XiangLu Tungsten High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GuangDong XiangLu Tungsten Main Business and Markets Served
7.5.5 GuangDong XiangLu Tungsten Recent Developments/Updates
7.6 Chongyi Zhangyyuan Tungsten
7.6.1 Chongyi Zhangyyuan Tungsten High Purity Tungsten Carbide Corporation Information
7.6.2 Chongyi Zhangyyuan Tungsten High Purity Tungsten Carbide Product Portfolio
7.6.3 Chongyi Zhangyyuan Tungsten High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Chongyi Zhangyyuan Tungsten Main Business and Markets Served
7.6.5 Chongyi Zhangyyuan Tungsten Recent Developments/Updates
7.7 Plansee (GTP)
7.7.1 Plansee (GTP) High Purity Tungsten Carbide Corporation Information
7.7.2 Plansee (GTP) High Purity Tungsten Carbide Product Portfolio
7.7.3 Plansee (GTP) High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Plansee (GTP) Main Business and Markets Served
7.7.5 Plansee (GTP) Recent Developments/Updates
7.8 JXTC
7.8.1 JXTC High Purity Tungsten Carbide Corporation Information
7.8.2 JXTC High Purity Tungsten Carbide Product Portfolio
7.8.3 JXTC High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.8.4 JXTC Main Business and Markets Served
7.7.5 JXTC Recent Developments/Updates
7.9 Japan New Metals
7.9.1 Japan New Metals High Purity Tungsten Carbide Corporation Information
7.9.2 Japan New Metals High Purity Tungsten Carbide Product Portfolio
7.9.3 Japan New Metals High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Japan New Metals Main Business and Markets Served
7.9.5 Japan New Metals Recent Developments/Updates
7.10 AST (India)
7.10.1 AST (India) High Purity Tungsten Carbide Corporation Information
7.10.2 AST (India) High Purity Tungsten Carbide Product Portfolio
7.10.3 AST (India) High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.10.4 AST (India) Main Business and Markets Served
7.10.5 AST (India) Recent Developments/Updates
7.11 Kohsei Co Ltd
7.11.1 Kohsei Co Ltd High Purity Tungsten Carbide Corporation Information
7.11.2 Kohsei Co Ltd High Purity Tungsten Carbide Product Portfolio
7.11.3 Kohsei Co Ltd High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Kohsei Co Ltd Main Business and Markets Served
7.11.5 Kohsei Co Ltd Recent Developments/Updates
7.12 H.C.Starck
7.12.1 H.C.Starck High Purity Tungsten Carbide Corporation Information
7.12.2 H.C.Starck High Purity Tungsten Carbide Product Portfolio
7.12.3 H.C.Starck High Purity Tungsten Carbide Production, Value, Price and Gross Margin (2019-2024)
7.12.4 H.C.Starck Main Business and Markets Served
7.12.5 H.C.Starck Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Purity Tungsten Carbide Industry Chain Analysis
8.2 High Purity Tungsten Carbide Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Purity Tungsten Carbide Production Mode & Process
8.4 High Purity Tungsten Carbide Sales and Marketing
8.4.1 High Purity Tungsten Carbide Sales Channels
8.4.2 High Purity Tungsten Carbide Distributors
8.5 High Purity Tungsten Carbide Customers
9 High Purity Tungsten Carbide Market Dynamics
9.1 High Purity Tungsten Carbide Industry Trends
9.2 High Purity Tungsten Carbide Market Drivers
9.3 High Purity Tungsten Carbide Market Challenges
9.4 High Purity Tungsten Carbide Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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