Tungsten Market in Asia Pacific 2021

January 2022 | 16 pages | ID: TC0680C17228EN
StrategyHelix Inc

Abstracts

Tungsten, or wolfram, is a chemical element with the symbol W and atomic number 74. It is a rare metal found naturally on Earth almost exclusively as compounds with other elements. The tungsten market in Asia Pacific is poised to grow by US$ 414 million from 2021 to 2027, registering a CAGR of 6.1% during the forecast period, according to StrategyHelix.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for tungsten. The Asia Pacific tungsten market is segmented on the basis of application, end user, and country. By application, the tungsten market in Asia Pacific has been segmented into tungsten carbide, metal alloys, mill products, others. Based upon end user, the tungsten market in Asia Pacific is categorized into aerospace components, automotive parts, logging equipment, drilling, boring & cutting equipment, electrical & electronics, others. In terms of geography, the tungsten market in Asia Pacific has been segmented into Japan, China, India, South Korea, Rest of Asia Pacific.

The Asia Pacific tungsten market is highly competitive. The key players in the tungsten market include China Minmetals Corporation, Chongyi Zhangyuan Tungsten Co. Ltd., Global Tungsten & Powders Corp., Guangdong Xianglu Tungsten Co. Ltd., H.C. Starck GmbH, Japan New Metals Co. Ltd., Saloro SLU, Specialty Metals Resources Limited, W Resources Plc, WOLFRAM Company JSC, Xiamen Tungsten Co. Ltd.

Report Scope
Application: tungsten carbide, metal alloys, mill products, others
End user: aerospace components, automotive parts, logging equipment, drilling, boring & cutting equipment, electrical & electronics, others
Country: Japan, China, India, South Korea, Rest of Asia Pacific
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the Asia Pacific tungsten market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. TUNGSTEN MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY APPLICATION

Tungsten carbide
Metal alloys
Mill products
Others

PART 4. MARKET BREAKDOWN BY END USER

Aerospace components
Automotive parts
Logging equipment
Drilling, boring & cutting equipment
Electrical & electronics
Others

PART 5. MARKET BREAKDOWN BY COUNTRY

Japan
China
India
South Korea
Rest of Asia Pacific

PART 6. KEY COMPANIES

China Minmetals Corporation
Chongyi Zhangyuan Tungsten Co., Ltd.
Global Tungsten & Powders Corp.
Guangdong Xianglu Tungsten Co., Ltd.
H.C. Starck GmbH
Japan New Metals Co., Ltd.
Saloro SLU
Specialty Metals Resources Limited
W Resources Plc
WOLFRAM Company JSC
Xiamen Tungsten Co., Ltd.
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