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Tungsten Market in Asia Pacific 2021
21 December 2021
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, and 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, and others. In terms of geography, the tungsten market in Asia Pacific has been segmented into Japan, China, India, South Korea, and 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.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the tungsten market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Application: tungsten carbide, metal alloys, mill products, and others
End user: aerospace components, automotive parts, logging equipment, drilling, boring & cutting equipment, electrical & electronics, and others
Country: Japan, China, India, South Korea, and 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
Table of Contents
1. Market definition
2. Research methodology
3. Market data and outlook
3.1 Market size estimates
4. Tungsten market by application
4.1 Tungsten carbide
4.2 Metal alloys
4.3 Mill products
5. Tungsten market by end user
5.1 Aerospace components
5.2 Automotive parts
5.3 Logging equipment
5.4 Drilling, boring & cutting equipment
5.5 Electrical & electronics
6. Tungsten market by country
6.4 South Korea
6.5 Rest of Asia Pacific
7. Company profiles
7.1 China Minmetals Corporation
7.2 Chongyi Zhangyuan Tungsten Co., Ltd.
7.3 Global Tungsten & Powders Corp.
7.4 Guangdong Xianglu Tungsten Co., Ltd.
7.5 H.C. Starck GmbH
7.6 Japan New Metals Co., Ltd.
7.7 Saloro SLU
7.8 Specialty Metals Resources Limited
7.9 W Resources Plc
7.10 WOLFRAM Company JSC
7.11 Xiamen Tungsten Co., Ltd.
8.1 About StrategyHelix