全球碳化鎢市場規模、佔有率、成長分析、按成分、按最終用戶 - 產業預測 (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個工作天內

價格

簡介目錄

全球碳化鎢市場規模預計將從2022年的167.8億美元增至2030年的297億美元，在預測期內（2023-2030年）年複合成長率為7.4%。

市場已顯示出顯著成長，預計將繼續呈上升趨勢。市場的主要成長動力之一是汽車部門不斷成長的需求。碳化鎢廣泛用於生產切削和鑽孔工具、耐磨零件和汽車零件。汽車產業的成長，尤其是新興經濟體的汽車產業的成長，刺激了對碳化鎢產品的需求，導致市場擴張。此外，碳化鎢在製造和建築部門的使用不斷增加正在加強市場的成長。全球建設活動、基礎設施發展和工業化的增加導致對這些應用的需求不斷增加並推動市場成長。然而，全球碳化鎢市場也面臨一定的挑戰。主要挑戰之一是原物料價格的波動。碳化鎢的主要成分鎢是一種稀有且昂貴的金屬，因此其可得性和成本受到市場動態的影響。價格波動會影響整體生產成本，進而影響市場成長。此外，環境法規和擔憂給碳化鎢產業帶來了挑戰。製造碳化鎢產品的生產過程會產生危險廢棄物和排放物。

全球碳化鎢市場的促進因素

工業化和基礎設施建設進展

全球工業化趨勢和汽車、航太、建築和採礦等各個部門的基礎設施開發項目正在推動對碳化鎢的需求。碳化鎢優異的硬度、耐磨性和高溫穩定性使其成為這些行業切削工具、耐磨零件和零件的首選材料。

對高性能工具和零件的需求不斷成長

對具有更高耐用性、可靠性和精度的高性能工具和零件的需求正在推動對硬質合金的需求。汽車、航太和電子等行業依靠硬質合金切削刀具、耐磨零件和塗層來提高生產率、減少停機時間並實現卓越的加工效果。

全球碳化鎢市場的抑制因素

環境和法規限制

鎢開採和加工業務會對環境產生影響，嚴格的環境保護和永續性法規可能會對碳化鎢的生產和使用施加限制。遵守環境法規和永續採礦實踐可能需要額外投資或支持更嚴格的標準。

替代和替代

某些應用的替代和替代材料的可用性可能會給市場帶來挑戰。例如，在某些切削刀具應用中，高速鋼和陶瓷材料可以替代碳化鎢。先進材料和技術的發展可能會提供可用於某些應用的替代，從而影響對碳化鎢的需求。

全球碳化鎢主要市場趨勢

新興經濟體的需求不斷成長：新興經濟體，特別是亞太地區和拉丁美洲的新興經濟體，正在經歷快速的工業化和基礎設施發展。這些地區製造業活動的增加正在推動對碳化鎢的需求，因為這些國家希望提高產能並滿足不斷成長的消費者需求。
向電動車的轉變：世界向電動車（EV）的轉變為碳化鎢創造了新的機會。碳化鎢基零件，例如用於電動車製造的馬達軸心、軸承和切削工具，由於其高強度、耐磨性和導熱性，需求量很大。

本報告針對全球碳化鎢市場進行研究與分析，提供市場動態與前景、細分市場分析、公司簡介等。

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)

簡介目錄

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