Vancouver, BC -- (SBWIRE) -- 03/03/2021 -- Tungsten Carbide Market will be worth USD 27.70 billion by 2027, according to a current analysis by Emergen Research. The rising demand for industrial machineries across various industries, like aerospace and defense, industrial engineering, transportation, and mining and construction, among others is expected to fuel the demand for tungsten carbide powder in the future. Additionally, with the growing emergence for metals, the requirement to raise their reserve base throughout multiple economies has made the major competitors to increase the expenditure regarding mining related and metal activities.

Research Methodology

Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources

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The market offers key insights into the historical and current data with regards to market size and volume, by evaluating the key companies, major geographies, product types, application, consumer base, and manufacturing and production pricing.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

Sandvik AB, Ceratizit S.A., Nanchang Cemented Carbide Co., Ltd., China Tungsten Online, Kennametal Inc., Eurotungstene and Jiangxi Yaosheng Tungsten Co., Ltd. among others.

The Tungsten Carbide market offers a detailed analysis of the product portfolio, key trends, applications, and a thorough value chain analysis. The report provides an in-depth analysis of the product types and applications of the Tungsten Carbide industry.

Application Outlook (Revenue, USD Billion; 2017-2027)
Cemented Carbide
Coatings
Alloys
Others

End User Outlook (Revenue, USD Billion; 2017-2027)
Aerospace and Defense
Automotive
Mining and Construction
Electronics
Others

Scope of the Report:

The study provides a detailed analysis of the Tungsten Carbide market on a global as well regional scale and covers the assessment of the key geographies of the world with regards to the market size, market volume, revenue generation, production and consumption patterns, import/export, and supply and demand ratio. The leading geographies studied in the report include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The regional analysis segment of the report includes the functioning of the key players in each region, regions, product type, end-users, and applications.

Furthermore, the report further segments the Tungsten Carbide market on the basis of key regions and countries. The report covers the market share, market size, revenue contribution, and overall growth trends in the specific key geographies of the world. The regional analysis includes regions and countries such as:

Major Regions Covered in the Tungsten Carbide Market Report:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Key Features of the Report:

Offers a comprehensive overview of the Tungsten Carbide market along with product portfolio and supply chain assessment
Complete analysis of the competitive landscape including expansion strategies, product portfolio, production capacity, and strategic initiatives
Growth prospects of the Tungsten Carbide market for the forecast period of 2020-2027
Extensive analysis of market drivers, constraints, suppliers and distributors, limitations, opportunities, marketing and production, and other key segments
SWOT analysis and Porter's Five Forces analysis offer accurate insights
Complete coverage of key technological developments, market trends, and product developments

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