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Global Tungsten Market (By End-Use Application, By End-User Industries, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021) – By End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals, Others); By End-User Industr

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from $1,800 180 Pages Azoth Analytics January, 2017 AZAN15234242
Lowest Prices Guaranteed
Price from $1,800
Length 180 Pages
Publisher Azoth Analytics
Published Date January, 2017
SKU AZAN15234242

Global Tungsten Market (By End-Use Application, By End-User Industries, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021) – By End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals, Others); By End-User Industries (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense, Medical); By Region (North America, Europe, APAC, ROW); By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil, Saudi Arabia)

Executive Summary

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global tungsten market on the basis of End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals & Others), By End-User Industries (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense and Medical), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil and Saudi Arabia).

Global Tungsten Market is forecasted to grow at a CAGR of 4.25% during 2016 – 2021. Strong growth in tungsten market is driven by the surging demand for downstream tungsten products in varied end-user sectors including automotive, industrial engineering, energy, and aviation. Apart from that, the uncovering of the wide range of applications in allied industries like medical, defense and electric and electronic, has been impelling growth in the tungsten market.

Although, hard metals hold the major percentage share in the total tungsten market in the present, consumption of tungsten for mill products is projected to display a faster growth in the future owing to the increasing application in high growth electronic and construction industries. Regionally, tungsten demand growth is likely to be the fastest in the Asia Pacific region against the backdrop of economic growth in emerging markets. Developed regions of North America and Europe are expected to display a steady paced growth, mainly due to high expenditure in automotive and engineering sectors.

According to Azoth Analytics research report, Global Tungsten Market (By End-Use Application, By End-User Industries, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021), market is projected to exhibit a CAGR of 4.25% during 2016 - 2021. Global Tungsten Market has been segmented on basis of End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals & Others), By End-User Industries (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense and Medical), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil and Saudi Arabia).

Scope of the Report

The report provides coverage by End-Use Application, End-User Industries, By Region and By Country:

By End-Use Application

  • Hard Metals
  • Steel and Other Alloys
  • Mill Products
  • Chemical
  • Other
By End-User Industries
  • Automotive
  • Mining
  • Construction
  • Oil & Gas
  • Aerospace and Defense
  • Medical
By Region
  • North America
  • Europe
  • APAC
  • ROW
By North America Tungsten Market
  • By Hard Metals, By Finished Product Type
  • By Hard Metals, By End-User Industries
By Country
  • U.S
  • Canada
  • Germany
  • U.K
  • China
  • India
  • Japan
  • Brazil
  • Saudi Arabia
Report Highlights:
  • Primary Research: Interviews conducted with key management people to gain quality responses and deeper insights.
  • Secondary Research: Data and insights from industry associations, annual reports, company presentations, premium journals and internal database.
  • Actual Period: Historical and current market sizing (2011-2015)
  • Forecast Period: Projected market sizing (2016E-2021F)
  • Companies Covered: Sandvik AB, Kennametal Inc., Sumitomo Electric Industries, Ltd., Nippon Tungsten Co., Ltd, NAECO, LLC., Toonney Alloy(Xiamen) Co.,Ltd., Federal Carbide Company, Buffalo Tungsten Inc.
  • Srategic Recommendations
Customization of the Report:

The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.


1. Research Methodology
2. Executive Summary
3. Strategic Recommendation
3.1 Increase in the Construction and Mining Activities
3.2 Rise in demand from the Aerospace and Defense Industry
3.3 Growing Application in the Automotive and Electronics Sector
4. Global Tungsten Market Outlook
4.1 Product Overview
Table A: Properties of Tungsten Minerals
Table 1: Tungsten Consumption, By End-Use Application
5. Global Tungsten Market: Growth and Forecast
5.1 By Value (2011-2015)
Table 3: Global Tungsten Market Size, By Value, 2011-2015 (USD Million)
5.2 By Value (2016-2021)
Table 4: Global Tungsten Market Size, By Value, Forecast, 2016-2021(USD Million)
Table 5: Global Tungsten Production, 2011-2015 (Metric Tons)
Table 6: Global Tungsten Mine Production, By Major Countries, 2014-2015(%)
Table 7: Major Tungsten Producing Companies Worldwide
Table B: Major Tungsten Mining Projects Worldwide
Table 8: Global Tungsten Demand, By Region (%)
Table 9: Tungsten Price Forecast (USD per MTU)
6. Global Tungsten Market-By End-Use Application
6.1 Global Tungsten Market-By End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals & Others) : Breakdown(%)
Table 10: Global Tungsten Market Size, By End-Use Application, By Value 2015 (%)
Table 11: Global Tungsten Market Size, By End-Use Application, By Value 2021F (%)
6.2 Global Tungsten Market in Hard Metals, By Value
6.2.1 By Value (2011-2015)
Table 12: Global Tungsten Market in Hard Metals, By Value, 2011-2015 (USD Million)
6.2.2 By Value (2016-2021)
Table 13: Global Tungsten Market in Hard Metals, By Value, Forecast, 2016-2021(USD Million)
6.3 Global Tungsten Market for Steel and Other Alloys, By Value
6.3.1 By Value (2011-2015)
Table 14: Global Tungsten Market in Steel and Other Alloys, By Value, 2011-2015 (USD Million)
6.3.2 By Value (2016-2021)
Table 15: Global Tungsten Market in Steel and Other Alloys, By Value, Forecast, 2016-2021(USD Million)
6.4 Global Tungsten Market in Mill Products, By Value
6.4.1 By Value (2011-2015)
Table 16: Global Tungsten Market in Mill Products, By Value, 2011-2015 (USD Million)
6.4.2 By Value (2016-2021)
Table 17: Global Tungsten Market in Mill Products, By Value, Forecast, 2016-2021(USD Million)
6.5 Global Tungsten Market in Chemical Application, By Value
6.5.1 By Value (2011-2015)
Table 18: Global Tungsten Market in Chemical Application, By Value, 2011-2015 (USD Million)
6.5.2 By Value (2016-2021)
Table 19: Global Tungsten Market in Chemical Application, By Value, Forecast, 2016-2021(USD Million)
6.6 Global Tungsten Market in Other Applications, By Value
6.6.1 By Value (2011-2015)
Table 20: Global Tungsten Market in Other Applications, By Value, 2011-2015 (USD Million)
6.6.2 By Value (2016-2021)
Table 17: Global Tungsten Market in Other Applications, By Value, Forecast, 2016-2021(USD Million)
7. Global Tungsten Market-By End-User Industries
7.1 Global Tungsten Market-By End-User (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense and Medical): Breakdown(%)
Table 18: Global Tungsten Market Size, By End-User Industries, 2015 (%)
Table 19: Global Tungsten Market Size, By End-User Industries 2021F (%)
7.2 Global Tungsten Market in Automotive Industry, By Value
7.2.1 By Value (2011-2015)
Table 20: Global Tungsten Market in Automotive Industry, By Value, 2011-2015 (USD Million)
7.2.2 By Value (2016-2021)
Table 21: Global Tungsten Market in Automotive Industry, By Value, Forecast, 2016-2021(USD Million)
Table 22: World Automotive Sales, By region (2015)
Table 23: Global Vehicle Production, 2011-2015 (Million Units)
7.3 Global Tungsten Market in Mining Industry, By Value
7.3.1 By Value (2011-2015)
Table 24: Global Tungsten Market in Mining Industry, By Value, 2011-2015 (USD Million)
7.3.2 By Value (2016-2021)
Table 25: Global Tungsten Market in Mining Industry, By Value, Forecast, 2016-2021(USD Million)
Table 26: Global Mining Production, By Region (%)
Table 27: Global Mining Production, 2011-2014 (Billion Metric Tons)
7.4 Global Tungsten Market in Construction Industry, By Value
7.4.1 By Value (2011-2015)
Table 28: Global Tungsten Market in Construction Industry, By Value, 2011-2015 (USD Million)
7.4.2 By Value (2016-2021)
Table 29: Global Tungsten Market in Construction Industry, By Value, Forecast, 2016-2021(USD Million)
7.5 Global Tungsten Market in Oil & Gas Industry, By Value
7.5.1 By Value (2011-2015)
Table 30: Global Tungsten Market in Oil & Gas Industry, By Value, 2011-2015 (USD Million)
7.5.2 By Value (2016-2021)
Table 31: Global Tungsten Market in Oil & Gas Industry, By Value, Forecast, 2016-2021(USD Million)
Table 32: Global Rig Count, By Region (%)
Table 33: Global Rig Count (Numbers)
7.6 Global Tungsten Market in Aerospace & Defense Industry, By Value
7.6.1 By Value (2011-2015)
Table 34: Global Tungsten Market in Aerospace & Defence Industry, By Value, 2011-2015 (USD Million)
7.6.2 By Value (2016-2021)
Table 35: Global Tungsten Market in Aerospace & Defence Industry, By Value, Forecast, 2016-2021(USD Million)
7.7 Global Tungsten Market in Medical Industry, By Value
7.7.1 By Value (2011-2015)
Table 36: Global Tungsten Market in Medical Industry, By Value, 2011-2015 (USD Million)
7.7.2 By Value (2016-2021)
Table 37: Global Tungsten Market in Medical Industry, By Value, Forecast, 2016-2021(USD Million)
8. Global Tungsten Market: Regional Analysis
8.1 Global Tungsten Market, By Region: Breakdown (%)
Table 38: Global Tungsten Market Share, By Region, 2015 (%)
Table 39: Global Tungsten Market Share, By Region, 2021F (%)
8.2 North America Tungsten Market: An Analysis
8.2.1 By Value (2011-2015)
Table 40: North America Tungsten Market, By Value, 2011-2015 (USD Million)
8.2.2 By Value (2016-2021)
Table 41: North America Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
8.3 North America Tungsten Market: By End-Use Application
8.3.1 North America Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
Table 42: North America Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
8.3.2 North America Tungsten Market, By End-Use Application, By Value, 2016-2021 (USD Million)
Table 43: North America Tungsten Market, By End-Use Application, By Value, 2016-2021 (USD Million)
8.3.3 North America Tungsten Market, By Hard Metals, By Finished Products, By Value (2011-2021)
Table 44: North America Tungsten Market, By Hard Metals, By Finished Products, By Value, 2011-2015 (USD Million)
8.3.4 North America Tungsten Market, By Hard Metals, By End-User Industries, By Value (2011-2021)
Table 45: North America Tungsten Market, By Hard Metals, By Finished Products, By Value, 2011-2015 (USD Million)
8.4 North America Tungsten Market: By End-User Industries
8.4.1 North America Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
Table 46: North America Tungsten Market, By Hard Metals, By End-User Industries, By Value, 2011-2015 (USD Million)
8.4.2 North America Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
Table 47: North America Tungsten Market, By Hard Metals, By End-User Industries, By Value, 2016-2021 (USD Million)
Table 48: North America Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
Table 49: North America Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
8.5 North America Tungsten Market Drivers
Table 50: Total Vehicle Production in North America,
2011-2015 (Million Units)
Table 51: North America’s Share in Global Vehicle Output (%)
Table 52: North America GDP, 2011-2015 (USD Trillion)
Table 53: Global Defense Expenditure, By Region (%)
Table 54: North America Crude Oil Production 2011-2015 (Million Barrel per day)
Table 55: U.S Shale Gas Production 2011-2015 (Trillion Cubic Feet)
8.6 North America Tungsten Market: Country Analysis (U.S. & Canada)
8.6.1 U.S. Tungsten Market, By Value (2011-2021)
Table 56: U.S. Tungsten Market, By Value, 2011-2015 (USD Million)
Table 57: U.S. Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 58: U.S Oil Rig Count (Number)
Table 59: U.S Motor Vehicle Production 2011-2015 (Million Units)
8.6.1.1 U.S. Tungsten Market, By End-Use Application, By Value (2011-2021)
Table 60: U.S. Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.7.1 Canada Tungsten Market, By Value (2011-2021)
Table 61: Canada Tungsten Market, By Value, 2011-2015 (USD Million)
Table 62: Canada Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 63: Canadian Mineral Production, By Territory
8.7.1.1 Canada Tungsten Market, By End-Use Application, By Value (2011-2021)
Table 64: Canada Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.7 Europe Tungsten Market: An Analysis
Table 65: Tungsten Companies in Spain, Portugal and the United Kingdom
8.7.1 By Value (2011-2015)
Table 66: Europe Tungsten Market, By Value, 2011-2015 (USD Million)
8.7.2 By Value (2016-2021)
Table 67: Europe Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
8.8 Europe Tungsten Market: By End-Use Application
8.8.1 Europe Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
Table 68: Europe Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
8.8.2 Europe Tungsten Market, By End-Use Applications, By Value, 2016-2021 (USD Million)
Table 69: Europe Tungsten Market, By End-Use Applications, By Value, 2016-2021 (USD Million)
8.9 Europe Tungsten Market: By End-User Industries
8.9.1 Europe Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
Table 70: Europe Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
8.9.2 Europe Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
Table 71: Europe Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
8.10 Europe Tungsten Market Drivers
Table C: Europe Automotive Production, 2015 (Million Units)
Table 72: European Aerospace and Defense Revenue, 2011-2015 (USD Billion)
Table 73: EU Healthcare Expenditure Per Capita,2012-2014 (USD)
8.11 Europe Tungsten Market: Country Analysis (U.S. & Canada)
8.11.1 Germany Tungsten Market, By Value (2011-2021)
Table 74: Germany Tungsten Market, By Value, 2011-2015 (USD Million)
Table 75: Germany Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 76: Germany Automobile Production, 2012-2015 (Million Units)
Table 77: EU Construction Output, By Country 2015 (%)
8.11.1.1 Germany Tungsten Market, By End-Use Application, By Value (2011-2021)
Table 78: Germany Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.11.2 U.K. Tungsten Market, By Value (2011-2021)
Table 79: U.K Tungsten Market, By Value, 2011-2015 (USD Million)
Table 80: U.K Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 81: U.K Automobile Production, 2011-2015 (Million Units)
8.11.2.1 U.K. Tungsten Market, By End-Use Application, By Value (2011-2021)
Table 82: U.K. Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.11.3 Rest of Europe Tungsten Market, By Value (2011-2021)
Table 83: Rest of Europe Tungsten Market, By Value, 2011-2015 (USD Million)
Table 84: Rest of Europe Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table D: Major Tungsten Mining Projects in Asia Pacific Region
8.12 Asia Pacific Tungsten Market: An Analysis
8.12.1 By Value (2011-2015)
Table 85: Asia Pacific Tungsten Market, By Value, 2011-2015 (USD Million)
8.12.2 By Value (2016-2021)
Table 86: Asia Pacific Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
8.13 APAC Tungsten Market: By End-Use Application
8.13.1 APAC Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
Table 87: APAC Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
8.13.2 APAC Tungsten Market, By End-Use Applications, By Value, 2016-2021 (USD Million)
Table 88: APAC Tungsten Market, By End-Use Applications, By Value, 2016-2021 (USD Million)
8.14 APAC Tungsten Market: By End-User Industries
8.14.1 APAC Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
Table 89: APAC Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
8.14.2 APAC Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
Table 90: APAC Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
8.15 Asia Pacific Tungsten Market Driver
Table 91: Passenger Car Production in Asia Pacific, 2015 (Units)
Table 92: APAC Healthcare Expenditure Per Capita, 2011-2014 (% of GDP)
8.16 APAC Tungsten Market: Country Analysis (China, India, Japan and Rest of Asia Pacific)
8.16.1 China Tungsten Market, By Value (2011-2021)
Table 93: China Tungsten Market, By Value, 2011-2015 (USD Million)
Table 94: China Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 95: Major Chinese Tungsten Producers
Table 96: China GDP Per Capita, 2011-2015 (USD)
Table 97: China Automobile Production, 2011-2015 (Million Units)
8.16.1.1 China Tungsten Market, By End-Use Application, By Value (2011-2021)
Table 98: China Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.16.2 India Tungsten Market, By Value (2011-2021)
Table 99: India Tungsten Market, By Value, 2011-2015 (USD Million)
Table 100: India Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
8.16.2.1 India Tungsten Market, By End-Use Application, By Value (2011-2021)
8.16.3 Japan Tungsten Market, By Value (2011-2021)
Table 106: Japan Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.16.3.1 Japan Tungsten Market, By End-Use Application, By Value (2011-2021)
8.16.4 Rest of Asia Pacific Tungsten Market, By Value (2011-2021)
8.17 Rest of the World Tungsten Market: An Analysis
8.17.1 By Value (2011-2015)
Table 107: Rest of Asia Pacific Tungsten Market, By Value, 2011-2015 (USD Million)
8.17.2 By Value (2016-2021)
Table 108: Rest of Asia Pacific Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 109: Rest of the World Tungsten Market, By Value, 2011-2015 (USD Million)
Table 110: Rest of the World Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 111: Middle east and Africa Total Oil Rig Count (Number)
Table 112: Middle East and North Africa Healthcare Expenditure,
2011-2014 (% of GDP)
8.18 RoW Tungsten Market: By End-Use Application
8.18.1 RoW Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
Table 113: RoW Tungsten Market, By End-Use Application, By Value, 2011-2015 (USD Million)
8.18.2 RoW Tungsten Market, By End-Use Applications, By Value, 2016-2021 (USD Million)
Table 114: RoW Tungsten Market, By End-Use Application, By Value, 2016-2021 (USD Million)
8.19 RoW Tungsten Market: By End-User Industries
8.19.1 RoW Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
Table 115: RoW Tungsten Market, By End-User Industries, By Value, 2011-2015 (USD Million)
8.19.2 RoW Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
Table 116: RoW Tungsten Market, By End-User Industries, By Value, 2016-2021 (USD Million)
8.20 Rest of the World Tungsten Market: Country Analysis (Brazil and Saudi Arabia)
8.20.1 Brazil Tungsten Market, By Value (2011-2021)
Table 117: Brazil Tungsten Market, By Value, 2011-2015 (USD Million)
Table 118: Brazil Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
Table 119: Construction Enterprises in Brazil, By Activity (%)
8.20.1.1 Brazil Tungsten Market: By End-Use Application, By Value (2011-2021)
Table 120: Brazil Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
8.20.2 Saudi Arabia Tungsten Market, By Value (2011-2021)
Table 121: Saudi Arabia Tungsten Market, By Value, 2011-2015 (USD Million)
Table 122: Saudi Arabia Tungsten Market, By Value, Forecast, 2016-2021 (USD Million)
8.20.2.1 Saudi Arabia Tungsten Market: By End-Use Application, By Value (2011-2021)
Table 123: Saudi Arabia Tungsten Market, By End-Use Application, By Value, 2011-2021 (USD Million)
9. Market Dynamics
9.1 Global Tungsten Market Growth Drivers
9.2 Global Tungsten Market Restraints
10. Market Trends
11. Porter’s Five Forces Analysis – Tungsten Market
12. SWOT Analysis –Tungsten Market
13. Value Chain Analysis
14. Policy and Regulatory Landscape
15. Company Profiling
15.1 Sandvik AB
Table 125: Sandvik AB Sales, By Business Segment, 2015 (%)
Table 126: Sandvik AB Sales, By End-User Industries, 2015 (%)
Table 127: Sandvik AB Sales, By Region, 2015 (%)
15.2 Kennametal Inc.
Figure 128: Kennametal Inc. Sales, 2011-2015 (USD Billion)
Table 129: Kennametal Inc. Sales, By Business Segment, 2015 (%)
Table 130: Kennametal Inc. Sales, By End-User Industries, 2015 (%)
Table 131: Kennametal Inc. Sales, By Region, 2015 (%)
15.3 Sumitomo Electric Industries, Ltd.
Table: Sumitomo Electric Industries, Ltd. Sales, 2011-2015 (USD Billion)
Table 132: Sumitomo Electric Industries, Ltd.. Sales, By Business Segment, 2015 (%)
Table 133: Sumitomo Electric Industries, Industrial Material Sales, By End-Products, 2015 (%)
Table 134: Sumitomo Electric Industries, Ltd. Sales, By Region, 2015 (%)
15.4 Nippon Tungsten Co., Ltd
15.5 NAECO, LLC.
15.6 Toonney Alloy(Xiamen) Co.,Ltd.
15.7 Federal Carbide Company
15.8 Buffalo Tungsten Inc.

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