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Global Tungsten Market 2018-2022

Global Tungsten Market 2018-2022

About Tungsten

Tungsten is one of the toughest metals found in nature and exhibits unique properties. Pure tungsten is silver colored and has a high melting point. It offers high density and resists fracture and high temperatures. It is primarily extracted from wolframite and scheelite.

Technavio’s analysts forecast the global tungsten market to grow at a CAGR of 5.51% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global tungsten market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Tungsten Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ALMONTY
  • China Molybdenum
  • Wolf Minerals
  • Wolframcompany
  • Xiamen Tungsten
  • Chongyi ZhangYuan Tungsten
Market driver
  • Vast reserves of tungsten ores in China
  • For a full, detailed list, view our report
Market challenge
  • Stringent environmental and safety regulations
  • For a full, detailed list, view our report
Market trend
  • Miniaturization of electronic components
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Tungsten Market 2018-2022

Technavio recognizes the following companies as the key players in the global tungsten market: ALMONTY, China Molybdenum, Wolf Minerals, Wolframcompany, Xiamen Tungsten, and Chongyi ZhangYuan Tungsten.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is miniaturization of electronic components. With the growing demand for mini devices and small-sized portable devices including smartphones, electronic components such as the ICs are increasingly being miniaturized. Several advances in semiconductors and the increasing shift to ICs has encouraged manufacturers to produce small electro-mechanical components.”

According to the report, one driver in the market is vast reserves of tungsten ores in China. With over 75% of the global tungsten output, China is one of the key producers across the globe. Furthermore, the country ranks first with over 1,900,000 metric tons of reserves and is considered as the largest producer, exporter, and consumer of tungsten.

Further, the report states that one challenge in the market is stringent environmental and safety regulations. Ingestion of Tungsten metal or carbide through air. water, or food causes lungs diseases and carcinogenic health issues. The areas around tungsten mines, tungsten production industries, and natural deposits have high levels of tungsten in the air and water.

Companies Mentioned

ALMONTY
China Molybdenum
Wolf Minerals
Wolframcompany
Xiamen Tungsten
Chongyi ZhangYuan Tungsten

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market: Global non-ferrous metals market
      • Table Segments of global non-ferrous metals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Value chain
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017: Global tungsten market
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global tungsten market- Market size and forecast 2017-2022 (thousand metric tons)
      • Table Global tungsten market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Global tungsten market by hard metals
      • Table Global tungsten market by hard metals - Market size and forecast 2017-2022 (thousand metric tons)
      • Table Global tungsten market by hard metals - Year-over-year growth 2018-2022 (%)
    • Global tungsten market by steel and alloys
      • Table Global tungsten market by steel and alloys - Market size and forecast 2017-2022 (thousand metric tons)
      • Table Global tungsten market by steel and alloys - Year-over-year growth 2018-2022 (%)
    • Global tungsten market by mill products
      • Table Global tungsten market by mill products - Market size and forecast 2017-2022 (thousand metric tons)
      • Table Global tungsten market by mill products - Year-over-year growth 2018-2022 (%)
    • Global tungsten market by others
      • Table Global tungsten market by others - Market size and forecast 2017-2022 (thousand metric tons)
      • Table Global tungsten market by others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global tungsten market- Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (thousand metric tons)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Europe - Market size and forecast 2017-2022
      • Table Europe - Market size and forecast 2017-2022 (thousand metric tons)
      • Table Europe - Year-over-year growth 2018-2022 (%)
    • North America - Market size and forecast 2017- 2022
      • Table North America - Market size and forecast 2017-2022 (thousand metric tons)
      • Table North America - Year-over-year growth 2018-2022 (%)
    • ROW - Market size and forecast 2017-2022
      • Table ROW - Market size and forecast 2017-2022 (thousand metric tons)
      • Table ROW - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global tungsten reserves 2017
    • Market challenges
  • Market trends
    • Miniaturization of electronic components
    • Recycling of tungsten scrap
      • Table Advantages of recycled tungsten
    • Emerging future applications of tungsten
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ALMONTY
      • Table Vendor overview: ALMONTY
      • Table ALMONTY - Business segments
      • Table ALMONTY - Organizational developments
      • Table ALMONTY - Geographic focus
      • Table ALMONTY - Segment focus
      • Table ALMONTY - Key offerings
    • China Molybdenum
      • Table Vendor overview: China Molybdenum
      • Table China Molybdenum - Product segments
      • Table China Molybdenum - Organizational developments
      • Table China Molybdenum - Geographic focus
      • Table China Molybdenum - Segment focus
      • Table China Molybdenum - Key offerings
    • Wolf Minerals
      • Table Vendor overview: Wolf Minerals
      • Table Wolf Minerals - Business segments
      • Table Wolf Minerals - Organizational developments
      • Table Wolf Minerals - Geographic focus
      • Table Wolf Minerals - Segment focus
      • Table Wolf Minerals - Key offerings
    • Wolframcompany
      • Table Vendor overview: Wolframcompany
      • Table Wolframcompany - Business segments
      • Table Wolframcompany - Organizational developments
      • Table Wolframcompany - Geographic focus
      • Table Wolframcompany - Segment focus
      • Table Wolframcompany - Key offerings
    • Xiamen Tungsten
      • Table Vendor overview: Xiamen Tungsten
      • Table Xiamen Tungsten - Business segments
      • Table Xiamen Tungsten - Organizational developments
      • Table Xiamen Tungsten - Geographic focus
      • Table Xiamen Tungsten - Segment focus
      • Table Xiamen Tungsten - Key offerings
    • Chongyi ZhangYuan Tungsten
      • Table Vendor overview: Chongyi ZhangYuan Tungsten
      • Table Chongyi ZhangYuan Tungsten- Product segments
      • Table Chongyi ZhangYuan Tungsten- Organizational developments
      • Table Chongyi ZhangYuan Tungsten- Geographic focus
      • Table Chongyi ZhangYuan Tungsten- Segment focus
      • Table Chongyi ZhangYuan Tungsten- Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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