全球碳化钨市场规模、份额、成长分析、按成分、按最终用户 - 产业预测 (2023-2030)

Global Tungsten Carbide Market Size, Share, Growth Analysis, By Component(cemented carbide, coatings), By End-user(industries, including aerospace & defense) - Industry Forecast 2023-2030

出版日期: 2023年10月26日 | 出版商:

SkyQuest | 英文 157 Pages | 商品交期: 3-5个工作天内

价格

简介目录

全球碳化钨市场规模预计将从2022年的167.8亿美元增至2030年的297亿美元，在预测期内（2023-2030年）年复合成长率为7.4%。

市场已显示出显着成长，预计将继续呈上升趋势。市场的主要成长动力之一是汽车部门不断增长的需求。碳化钨广泛用于生产切削和钻孔工具、耐磨零件和汽车零件。汽车产业的成长，尤其是新兴经济体的汽车产业的成长，刺激了对碳化钨产品的需求，导致市场扩张。此外，碳化钨在製造和建筑部门的使用不断增加正在加强市场的成长。全球建设活动、基础设施发展和工业化的增加导致对这些应用的需求不断增加并推动市场成长。然而，全球碳化钨市场也面临一定的挑战。主要挑战之一是原物料价格的波动。碳化钨的主要成分钨是一种稀有且昂贵的金属，因此其可得性和成本受到市场动态的影响。价格波动会影响整体生产成本，进而影响市场成长。此外，环境法规和担忧给碳化钨产业带来了挑战。製造碳化钨产品的生产过程会产生危险废弃物和排放物。

全球碳化钨市场的驱动因素

工业化和基础设施建设进展

全球工业化趋势和汽车、航太、建筑和采矿等各个部门的基础设施开发项目正在推动对碳化钨的需求。碳化钨优异的硬度、耐磨性和高温稳定性使其成为这些行业切削工具、耐磨零件和零件的首选材料。

对高性能工具和零件的需求不断增长

对具有更高耐用性、可靠性和精度的高性能工具和零件的需求正在推动对硬质合金的需求。汽车、航太和电子等行业依靠硬质合金切削刀具、耐磨零件和涂层来提高生产率、减少停机时间并实现卓越的加工效果。

全球碳化钨市场的抑制因素

环境和法规限制

钨开采和加工业务会对环境产生影响，严格的环境保护和永续性法规可能会对碳化钨的生产和使用施加限制。遵守环境法规和永续采矿实践可能需要额外投资或支持更严格的标准。

替代和替代

某些应用的替代和替代材料的可用性可能会给市场带来挑战。例如，在某些切削刀具应用中，高速钢和陶瓷材料可以替代碳化钨。先进材料和技术的发展可能会提供可用于某些应用的替代，从而影响对碳化钨的需求。

全球碳化钨主要市场趋势

新兴经济体的需求不断增长：新兴经济体，特别是亚太地区和拉丁美洲的新兴经济体，正在经历快速的工业化和基础设施发展。这些地区製造业活动的增加正在推动对碳化钨的需求，因为这些国家希望提高产能并满足不断增长的消费者需求。
向电动车的转变：世界向电动车（EV）的转变为碳化钨创造了新的机会。碳化钨基零件，例如用于电动车製造的马达轴心、轴承和切削工具，由于其高强度、耐磨性和导热性，需求量很大。

本报告针对全球碳化钨市场进行研究与分析，提供市场动态与前景、细分市场分析、公司简介等。

Sandvik AB (Sweden)
Kennametal Inc. (US)
Mitsubishi Materials Corporation (Japan)
EJ Carbide Co., Ltd. (China)
Ceratizit SA (Luxembourg)
Zhuzhou Cemented Carbide Group Co., Ltd. (China)
JX Nippon Mining & Metals Corporation (Japan)
CERATIZIT Group (Luxembourg)
Buffalo Tungsten Inc. (US)
China Minmetals Corporation (China)
HC Starck GmbH (Germany)
Xiamen Tungsten Co., Ltd. (China)
Federal Carbide Company (US)
Sumitomo Electric Industries, Ltd. (Japan)
Guhring KG (Germany)
Plansee Group (Austria)
Cuda Grit (US)
Guangxi Chentian Metal Products Co., Ltd. (China)
Reade Advanced Materials (US)
Ceradyne, Inc. (US)

简介目录

Product Code: SQMIG15O2016

Tungsten Carbide Market size was valued at USD 15.62 Billion in 2021 and is poised to grow from USD 16.78 Billion in 2022 to USD 29.7 Billion by 2030, at a CAGR of 7.4% during the forecast period (2023-2030).

The global tungsten carbide market has witnessed significant growth and is expected to continue its upward trajectory in the coming years. Tungsten carbide, a compound comprising tungsten and carbon, is renowned for its exceptional hardness, wear resistance, and strength, making it a sought-after material across various industries. One of the key factors driving the growth of the global tungsten carbide market is the expanding demand from the automotive sector. Tungsten carbide is extensively used in the production of cutting and drilling tools, wear parts, and components for automobiles. The growing automotive industry, particularly in emerging economies, is fueling the demand for tungsten carbide products, leading to market expansion. Furthermore, the increasing utilization of tungsten carbide in the manufacturing and construction sectors is bolstering market growth. Tungsten carbide finds applications in the production of metal cutting tools, mining equipment, and wear-resistant coatings, among others. The rising construction activities, infrastructure development, and industrialization worldwide contribute to the heightened demand for these applications, propelling the market growth. However, the global tungsten carbide market also faces certain challenges. One of the primary challenges is the fluctuating prices of raw materials. Tungsten, a key component of tungsten carbide, is a rare and expensive metal, making its availability and cost subject to market dynamics. Price fluctuations can impact the overall production costs, thereby affecting the market growth. Moreover, environmental regulations and concerns pose challenges for the tungsten carbide industry. The production processes involved in manufacturing tungsten carbide products can generate hazardous waste and emissions.

Top-down and bottom-up approaches were used to estimate and validate the size of the global Tungsten Carbide Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Tungsten Carbide Market Segmental Analysis

The global tungsten carbide market is segmented on the basis of application, end-user, and region. By application, the market is segmented into cemented carbide, coatings, and alloys. By end user, the market is segmented into industries, including aerospace & defense, automotive, mining & construction, electronics, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Tungsten Carbide Market

Growing Industrialization and Infrastructure Development

The global industrialization trend and infrastructure development projects across various sectors such as automotive, aerospace, construction, and mining are driving the demand for tungsten carbide. Tungsten carbide's exceptional hardness, wear resistance, and high-temperature stability make it a preferred material in these industries for cutting tools, wear parts, and components.

Increasing Demand for High-Performance Tools and Components

The need for high-performance tools and components with enhanced durability, reliability, and precision is fueling the demand for tungsten carbide. Industries such as automotive, aerospace, and electronics rely on tungsten carbide-based cutting tools, wear parts, and coatings to improve productivity, reduce downtime, and achieve superior machining results.

Restraints in the Global Tungsten Carbide Market

Environmental and Regulatory Constraints

Tungsten mining and processing operations can have environmental implications, and stringent regulations pertaining to environmental protection and sustainability can impose constraints on the production and use of tungsten carbide. Compliance with environmental regulations and sustainable mining practices may require additional investments and adherence to stricter standards.

Substitutes and Alternative Materials

The availability of substitutes and alternative materials in specific applications can pose a challenge to the tungsten carbide market. For example, in certain cutting tool applications, high-speed steel and ceramic materials can provide alternatives to tungsten carbide. The development of advanced materials and technologies may offer viable alternatives for specific applications, impacting the demand for tungsten carbide.

Market Trends for the Global Tungsten Carbide Key

Growing Demand from Emerging Economies: Emerging nations, particularly in Asia Pacific and Latin America, are witnessing rapid industrialization and infrastructure development. The increasing manufacturing activities in these regions are driving the demand for tungsten carbide, as these countries aim to enhance their production capabilities and meet the growing consumer demands.
Shift towards Electric Vehicles: The global shift towards electric vehicles (EVs) is creating new opportunities for tungsten carbide. Tungsten carbide-based components, such as motor shafts, bearings, and cutting tools for EV manufacturing, are in demand due to their high strength, wear resistance, and thermal conductivity.

Executive Summary
- Market Overview
- Wheel of Fortune
Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
Market Dynamics & Outlook
- Market Dynamics
Drivers
Opportunities
Restraints
Challenges
- Regulatory Landscape
- Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Tungsten Carbide Market by Component
- Market Overview
- cemented carbide
- coatings
- and alloys
Global Tungsten Carbide Market by End-user
- Market Overview
- industries
- including aerospace & defense
- automotive
- mining & construction
- electronics
- and others
Global Tungsten Carbide Market Size by Region
- Market Overview
- North America
USA
Canada
- Europe
Germany
Spain
France
UK
Rest of Europe
- Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
- Latin America
Brazil
Rest of Latin America
- Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
By Development
By Company
By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
Key Company Profiles
- Sandvik AB (Sweden)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Kennametal Inc. (US)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Mitsubishi Materials Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- EJ Carbide Co., Ltd. (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Ceratizit S.A. (Luxembourg)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Zhuzhou Cemented Carbide Group Co., Ltd. (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- JX Nippon Mining & Metals Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- CERATIZIT Group (Luxembourg)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Buffalo Tungsten Inc. (US)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- China Minmetals Corporation (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- H.C. Starck GmbH (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Xiamen Tungsten Co., Ltd. (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Federal Carbide Company (US)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Sumitomo Electric Industries, Ltd. (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Guhring KG (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Plansee Group (Austria)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Cuda Grit (US)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Guangxi Chentian Metal Products Co., Ltd. (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Reade Advanced Materials (US)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Ceradyne, Inc. (US)
Company Overview
Business Segment Overview
Financial Updates
Key Developments