Global Tungsten Carbide Powder (WC) Supply, Demand and Key Producers, 2026-2032

The global Tungsten Carbide Powder (WC) market size is expected to reach $ 2671 million by 2032, rising at a market growth of 3.5% CAGR during the forecast period (2026-2032).

Tungsten carbide is a made up of chemically bonded tungsten and carbide. Its superior hardness enables it to replace steel and other metal alloys in a variety of applications. Colloquially, tungsten carbide is often simply called carbide. In its most basic form, it is a fine gray powder, but it can be pressed and formed into shapes for use in industrial machinery, tools, abrasives, as well as jewelry. Tungsten carbide is approximately four times stiffer than steel, with a Young"s modulus of approximately 550 GPa, and is much denser than steel or titanium. It is comparable with corundum (a-Al2O3) in hardness and can only be polished and finished with diamond wheels and compounds.

Global Tungsten Carbide Powder (WC) key players include Sandvik, Xiamen Tungsten, China Minmetals Corporation, Element Six, Jiangxi Yaosheng, etc. Global top five manufacturers hold a share about 55%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, total have a share about 35 percent. In terms of product, Grain Sizes 1-10 µm is the largest segment, with a share about 45%. And in terms of application, the largest application is Machine Tools & Components, followed by Cutting Tools, Dies & Punches, etc.

This report studies the global Tungsten Carbide Powder (WC) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Tungsten Carbide Powder (WC) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Tungsten Carbide Powder (WC) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Tungsten Carbide Powder (WC) total production and demand, 2021-2032, (MT)

Global Tungsten Carbide Powder (WC) total production value, 2021-2032, (USD Million)

Global Tungsten Carbide Powder (WC) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MT), (based on production site)

Global Tungsten Carbide Powder (WC) consumption by region & country, CAGR, 2021-2032 & (MT)

U.S. VS China: Tungsten Carbide Powder (WC) domestic production, consumption, key domestic manufacturers and share

Global Tungsten Carbide Powder (WC) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MT)

Global Tungsten Carbide Powder (WC) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MT)

Global Tungsten Carbide Powder (WC) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MT)

This report profiles key players in the global Tungsten Carbide Powder (WC) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik, Xiamen Tungsten, China Minmetals, Element Six, Jiangxi Yaosheng, GuangDong XiangLu Tungsten, Chongyi Zhangyyuan Tungsten, Plansee (GTP), JXTC, Japan New Metals, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Tungsten Carbide Powder (WC) market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Tungsten Carbide Powder (WC) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Tungsten Carbide Powder (WC) Market, Segmentation by Type:
Grain Sizes Below 1 µm
Grain Sizes 1-10 µm
Grain Sizes Above 10 µm

Global Tungsten Carbide Powder (WC) Market, Segmentation by Application:
Machine Tools & Components
Cutting Tools
Dies & Punches
Others (Abrasive Products, etc.)

Companies Profiled:
Sandvik
Xiamen Tungsten
China Minmetals
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten
Plansee (GTP)
JXTC
Japan New Metals
AST
Kohsei
ALMT
Kennametal
H.C.Starck
TaeguTec
Wolfram JSC
Buffalo Tungsten
ERAMET
Lineage Alloys

Key Questions Answered:

1. How big is the global Tungsten Carbide Powder (WC) market?

2. What is the demand of the global Tungsten Carbide Powder (WC) market?

3. What is the year over year growth of the global Tungsten Carbide Powder (WC) market?

4. What is the production and production value of the global Tungsten Carbide Powder (WC) market?

5. Who are the key producers in the global Tungsten Carbide Powder (WC) market?

6. What are the growth factors driving the market demand? Show more