首页 > 市场调查报告书 > 材料

稀有金属

市场调查报告书

商品编码

1712519

全球钨市场 - 2025-2032

Global Tungsten Market - 2025-2032

出版日期: 2025年04月22日 | 出版商:

DataM Intelligence | 英文 180 Pages | 商品交期: 最快1-2个工作天内

价格

※ 本网页内容可能与最新版本有所差异。详细情况请与我们联繫。

简介目录

2024 年全球钨市场规模达到 51.6 亿美元，预计到 2032 年将达到 96.5 亿美元，在 2025-2032 年预测期内的复合年增长率为 8.14%。

钨市场正在扩张并经历併购，不久的将来还会有更多併购计画。公司正在透过内部扩张或收购小型企业来扩张。例如，2023年12月，山特维克集团完成收购北美主要钨金属和碳化物粉末生产商Buffalo Tungsten, Inc.。透过此次收购，该公司打算扩大在北美的业务范围。

钨市场趋势

全球钨市场越来越关注回收和永续性。随着环境问题和资源限制的加剧，该行业正致力于从废料中回收钨，以确保稳定的供应并减少采矿对环境的影响。这项转变不仅解决了环境问题，也提高了供应链在面对影响关键钨供应的地缘政治压力时的弹性。

此外，回收技术的进步使得钨回收更有效率且更具成本效益。公司正在投资可持续的提取程序并寻找替代来源以满足电子、汽车和航太等行业日益增长的需求。这与全球永续发展目标一致，并体现了钨产业对负责任资源管理的更广泛推动。

动态的

航太和国防领域对钨的需求不断增长

国防和航太领域对钨的需求不断增加，以及钨卓越的密度、耐高温性和机械强度，是全球钨市场的重要驱动力。钨是生产穿甲弹、飞弹零件、飞机配重件和高性能航太零件的必不可少的材料。它在恶劣条件下保持结构完整性的能力使其对于军事和太空级应用至关重要。

世界各国政府都在增加国防预算并投资更新军事装备，这直接推动了对钨的需求。例如，美国和北约国家将钨视为国家安全必不可少的重要材料，因此其需求预测稳定。此外，人们对太空探索和商业卫星部署的兴趣日益浓厚，也增加了钨在航太推进系统和结构部件中的使用。策略和高科技领域的持续需求是全球钨市场发展的关键动力。

环境和监管挑战

钨矿开采和加工所涉及的环境和监管问题是全球钨市场的一个重大限制。钨矿开采通常需要大规模的采矿作业，如果管理不善，可能会导致栖息地破坏、土壤侵蚀、水污染和生物多样性丧失。

此外，用于提炼钨矿的化学方法会产生有毒废物，从而带来进一步的环境问题。这些担忧导致许多国家推出了严格的环境立法，提高了合规成本，并可能限制采矿活动。例如，欧盟的 REACH 法规限制化学品的使用，包括钨加工中使用的化学品，以减少对环境和健康的危害。

The tungsten market is expanding and undergoing mergers and acquisitions, with more planned in the near future. Companies are expanding organically or by acquiring smaller businesses. For example, in December 2023, Sandvik Group finalized the acquisition of Buffalo Tungsten, Inc., a major producer of tungsten metal and carbide powder in North America. With this acquisition, the corporation intends to expand its footprint throughout North America.

Tungsten Market Trend

The global tungsten market is seeing an increased focus on recycling and sustainability. As environmental concerns and resource constraint grow, the industry is focusing on reclaiming tungsten from scrap materials to assure a steady supply and lessen the environmental impact of mining. The transition not only solves environmental concerns, but it also improves supply chain resilience in the face of geopolitical pressures affecting key tungsten supplies.

Furthermore, advances in recycling technologies make tungsten recovery more efficient and cost-effective. Companies are investing in sustainable extraction procedures and looking into alternate sources to meet rising demand in industries such as electronics, automotive and aerospace. It is consistent with global sustainability goals and reflects a broader push toward responsible resource management in the tungsten sector.

Dynamic

Rising Demand for Tungsten in Aerospace and Defense

The increased need for tungsten in the defense and aerospace sectors, as well as its remarkable density, high-temperature resistance and mechanical strength, are important drivers of the worldwide tungsten market. Tungsten is an essential material in the production of armor-piercing ammunition, missile components, aircraft counterweights and high-performance aerospace parts. Its capacity to keep structural integrity under harsh conditions makes it crucial for military and space-grade applications.

Governments around the world are boosting their defense budgets and investing in updating military equipment, which directly drives demand for tungsten. For example, US and NATO countries consider tungsten to be a vital material essential to national security, providing a steady demand forecast. Furthermore, the growing interest in space exploration and commercial satellite deployment has increased the use of tungsten in aerospace propulsion systems and structural components. The ongoing demand from strategic and high-tech sectors is a key development engine for the global tungsten market.

Environmental and Regulatory Challenges

The environmental and regulatory issues involved with tungsten mining and processing are a substantial limitation on the worldwide tungsten market. Tungsten ore extraction frequently entails large-scale mining operations, which, if not managed properly, can result in habitat damage, soil erosion, water pollution and biodiversity loss.

Furthermore, the chemical methods used to refine tungsten ores can produce toxic waste, which poses further environmental problems. The concerns have resulted in rigorous environmental legislation in many nations, raising compliance costs and potentially limiting mining activities. For example, the European Union's REACH law restricts the use of chemicals, including those used in tungsten processing, to reduce environmental and health hazards.

Segment Analysis

The global tungsten market is segmented based on type, product, application and region.

Growing Demand for High-Performance Cutting and Wear-Resistant Tools Drives Machine Tool & Equipment Segment

The rising need for high-performance cutting and wear-resistant tools in advanced manufacturing industries is a significant driver for the market's machine tools and equipment segment. Tungsten's excellent hardness, high melting point and wear resistance make it a vital material for the manufacture of tools such as drills, milling cutters, dies and inserts.

During the forecast period, the mining and drilling sectors are expected to hold the majority of the tungsten market. Tungsten is a remarkable metal, with the highest melting point, tensile strength and hardness of any metal. In accordance to US Geological Survey, approximately 84,000 metric tons of contained tungsten were produced globally in 2022. China is by far the world's largest tungsten mining country, accounting for approximately 85% of total output.

Geographical Penetration

Rising Disposable Income in Emerging Countries in Asia-Pacific

Asia-Pacific is expected to grow at the fastest rate during the forecast period. Increasing disposable income in emerging economies is driving demand for convenience items, which is aiding global market growth. Because of the utilized and replaceable cutting tools, the carbide industry has the largest market share. Aside from its application in electrical and electronic equipment, the demand for mill items containing tungsten will continue to rise.

The aircraft industry's expansion is expected to drive the fastest increase in tungsten alloys. Boeing has broken down the predicted growth rate of China's commercial aviation market from 2019 to 2038 into segments. Over that time, China's ground, station and freight operations market is predicted to grow by 5.6%. Tungsten or its alloys are also employed in the fabrication of various car parts that tolerate extreme conditions or temperatures.

Impact of US Tariff

Tariffs imposed by US on Chinese tungsten products such as unwrought tungsten, bars, rods and plates have considerably disturbed the worldwide tungsten market, especially given that China accounts for more than 80% of global tungsten output. These 25% tariffs, which take effect in January 2025, are part of a larger US-China trade policy aimed at reducing reliance on Chinese vital minerals.

In response, China imposed export limits on tungsten and related materials, significantly constricting the supply chain. This has caused immediate supply limitations, price volatility and increased procurement issues for US-based businesses in the defense, aerospace, electronics and tooling industries that rely significantly on tungsten's distinctive qualities.

Companies such as Almonty Industries have also obtained tariff exemptions for its non-Chinese tungsten to ensure a steady supply to North American clients. Nonetheless, these transitions will take time and in the near term, the tariffs have raised raw material costs, generated strategic uncertainty for downstream businesses and underlined the geopolitical unstability of global tungsten supply networks.

Competitive Landscape

The major global players in the market include China Minmetals Non-Ferrous Metals Co., Ltd., China Molybdenum Co. Ltd., ChinaTungsten, Jiangxi Tungsten Holding Group Co., Ltd., Jiangxi Yaosheng Tungsten, Xiamen Tungsten Co., Ltd., Nippon Tungsten Co., Ltd., Umicore N.V., Global Tungsten & Powders and Almonty Industries Inc.

Key Developments

In January 2022, The Plansee Group has signed a formal agreement to acquire Indianapolis-based Mi-Tech Tungsten Metals. Mi-Tech, which employs about 100 people, is considered as one of the leading providers of tungsten-based goods in US.
In September 2021, Kennametal Inc. has introduced KAR85-AM-K, a highly corrosion-resistant tungsten carbide grade for metal additive production. It can only be used in conjunction with Kennametal's binder jet 3D printing capacity to create fully completed wear components.

Why Choose DataM?

Data-Driven Insights: Dive into detailed analyses with granular insights such as pricing, market shares and value chain evaluations, enriched by interviews with industry leaders and disruptors.
Post-Purchase Support and Expert Analyst Consultations: As a valued client, gain direct access to our expert analysts for personalized advice and strategic guidance, tailored to your specific needs and challenges.
White Papers and Case Studies: Benefit quarterly from our in-depth studies related to your purchased titles, tailored to refine your operational and marketing strategies for maximum impact.
Annual Updates on Purchased Reports: As an existing customer, enjoy the privilege of annual updates to your reports, ensuring you stay abreast of the latest market insights and technological advancements. Terms and conditions apply.
Specialized Focus on Emerging Markets: DataM differentiates itself by delivering in-depth, specialized insights specifically for emerging markets, rather than offering generalized geographic overviews. This approach equips our clients with a nuanced understanding and actionable intelligence that are essential for navigating and succeeding in high-growth regions.
Value of DataM Reports: Our reports offer specialized insights tailored to the latest trends and specific business inquiries. This personalized approach provides a deeper, strategic perspective, ensuring you receive the precise information necessary to make informed decisions. These insights complement and go beyond what is typically available in generic databases.

Target Audience 2024

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

1. Methodology and Scope

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

3.1. Snippet by Type
3.2. Snippet by Product
3.3. Snippet by Application
3.4. Snippet by Region

4. Dynamics

4.1. Impacting Factors
- 4.1.1. Drivers
  - 4.1.1.1. Rising Demand for Tungsten in Aerospace and Defense
- 4.1.2. Restraints
  - 4.1.2.1. Environmental and Regulatory Challenges
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis

5. Industry Analysis

5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory and Compliance Analysis
5.5. Sustainability Analysis
5.6. Impact of US Tariff
5.7. DMI Opinion

6. By Type

6.1. Introduction
- 6.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 6.1.2. Market Attractiveness Index, By Type
6.2. Foils*
- 6.2.1. Introduction
- 6.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
6.3. Ribbons
6.4. Wires
6.5. Tubes
6.6. Others

7. By Product

7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 7.1.2. Market Attractiveness Index, By Product
7.2. Carbides*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Tungsten Alloys
7.4. Tungsten Mill Products
7.5. Tungsten Chemicals
7.6. Others

8. By Application

8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
8.2. Automotive*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Aerospace
8.4. Electrical & Electronics
8.5. Machine Tool & Equipment
8.6. Others

9. By Region

9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 9.1.2. Market Attractiveness Index, By Region
9.2. North America
- 9.2.1. Introduction
- 9.2.2. Key Region-Specific Dynamics
- 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.2.6.1. US
  - 9.2.6.2. Canada
  - 9.2.6.3. Mexico
9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Key Region-Specific Dynamics
- 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.3.6.1. Germany
  - 9.3.6.2. UK
  - 9.3.6.3. France
  - 9.3.6.4. Italy
  - 9.3.6.5. Spain
  - 9.3.6.6. Rest of Europe
9.4. South America
- 9.4.1. Introduction
- 9.4.2. Key Region-Specific Dynamics
- 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.4.6.1. Brazil
  - 9.4.6.2. Argentina
  - 9.4.6.3. Rest of South America
9.5. Asia-Pacific
- 9.5.1. Introduction
- 9.5.2. Key Region-Specific Dynamics
- 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.5.6.1. China
  - 9.5.6.2. India
  - 9.5.6.3. Japan
  - 9.5.6.4. Australia
  - 9.5.6.5. Rest of Asia-Pacific
9.6. Middle East and Africa
- 9.6.1. Introduction
- 9.6.2. Key Region-Specific Dynamics
- 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

10. Company Profiles

10.1. China Minmetals Non-Ferrous Metals Co., Ltd.*
- 10.1.1. Company Overview
- 10.1.2. Product Portfolio and Description
- 10.1.3. Financial Overview
- 10.1.4. Key Developments
10.2. China Molybdenum Co., Ltd.
10.3. ChinaTungsten
10.4. Jiangxi Tungsten Holding Group Co., Ltd.
10.5. Jiangxi Yaosheng Tungsten
10.6. Xiamen Tungsten Co., Ltd.
10.7. Nippon Tungsten Co., Ltd.
10.8. Umicore N.V.
10.9. Global Tungsten & Powders
10.10. Almonty Industries Inc.

LIST NOT EXHAUSTIVE