Global Powder-Metallurgy Bar of Tungsten Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Tungsten, also known as Wolfram, is a greyish-white metal having lustrous appearance with a good corrosion resistance properties. Tungsten is widely used in its alloy form because pure tungsten is expensive and even difficult for machining. Its alloy consists of nickel, iron or copper added in tungsten. Tungsten is also available in powder form known as tungsten powder and tungsten carbide powder and its size ranges from 0.40 microns to 17.50 microns and is used in end mills, circuit board drills and nozzles. Fine tungsten carbide powders are used for inserts and cutting tools, whereas ultra-coarse and medium powders are used for wear and die parts, road construction bids. Global tungsten market is anticipated to grow by a decent single digit CAGR in coming future. The global tungsten market has its consumptions in the sector of steel alloys, mill products, cemented carbide, and chemicals. China is a dominant supplier of tungsten having the maximum market share in the global tungsten market in terms of consumption as well as supply. The Powder-Metallurgy Bar of Tungsten market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Powder-Metallurgy Bar of Tungsten market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Powder-Metallurgy Bar of Tungsten Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Powder-Metallurgy Bar of Tungsten market are: Mahavir Metal Corporation Federal Carbide H Cross Company T&D Material Manufacturing Global Tungsten & Powders Buffalo Tungsten Midwest Tungsten Service Most important types of Powder-Metallurgy Bar of Tungsten products covered in this report are: Sheets Strips Wire Rod Others Most widely used downstream fields of Powder-Metallurgy Bar of Tungsten market covered in this report are: Automotive Mining Construction Oil & Gas Aerospace & Defense Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.