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Global Ultrafine Tungsten Carbide Powder Sales Market by Type (Standard Powder, Nano Powder, Others), By Application (Drill, Mold, Needle, Cutting Tool, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-64685
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 87
  • No. Of Pages: 233
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  • Pub. Date: 2021-04-04
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The Global Ultrafine Tungsten Carbide Powder Market size is projected to reach USD 1.4 billion by 2028 from an estimated USD 0.8 billion in 2017, at a CAGR of 8%. The increase in demand for precision engineering components and the technological advancements in aerospace & defense are expected to drive the growth of this market over the forecast period.

 

Ultrafine Tungsten Carbide Powder is a type of ultrafine-grained, metal-based material. It can be made by grinding or atomizing and sintering the raw materials into fine particles with an average grain size of less than 100 µm. Tungsten carbides are classified as ceramic composites, in which around 60% to 70% percent by mass consists of metal (tungsten) particles dispersed in a glassy matrix that contains carbon and other elements.

 

On the basis of Types, the market is segmented into Standard Powder, Nano Powder, and Others.

 

Standard Ultrafine Tungsten Carbide Powder:

Standard Ultrafine Tungsten Carbide Powder is a chemical compound containing tungsten and carbon. It has high hardness, strong wear resistance, excellent performance in edge stability under load as well as good thermal conductivity. Standard Ultrafine Tungsten Carbide Powder has been widely used for drill bits, tooling of dies and molds, and cutting tools.

 

Nano Ultrafine Tungsten Carbide Powder:

Nano Ultrafine Tungsten Carbide Powder is a powder of tungsten carbide that is broken down into ultra-small particles. The size of these nanopowders ranges from 0.01 to 100 nm which are smaller than the regular-sized nanostructures (0.002 - 50 nm). Nano Ultrafine Tungsten Carbide Powders can be made using three different methods: mechanical grinding, chemical etching, or ion beam cleavage technique(IBE).

 

On the basis of Application, the market is segmented into Drill, Mold, Needle, and Cutting Tool.

 

Drilling:

It has been widely accepted that ultrafine particle powders can be utilized for machine drilling tools with a much higher degree of success. The ultrafine powder has been subjected to high pressure and temperature during the drilling process, which enhances its properties such as hardness and toughness. As for cutting tool applications, it is difficult to find an appropriate substitute material that can be substituted by tungsten carbide powders due to their excellent performance in terms of wear resistance, strength, and electrical insulation.

 

Molds:

Ultrafine particles have good thermal conductivity capabilities when they are molded into any shape or size while still maintaining required physical properties like elasticity at elevated temperatures.

 

Needle:

The use of Ultra Fine Tungsten Carbide Powder in needles is increasing with the increase in demand for medical equipment. Needle application has been one of the major users of tungsten carbide powder due to its excellent wear resistance which continues rubbing friction without wearing out or breaking.

The need for more safety also increases these applications as tungsten carbide does not produce sparks when cut through and could be used during surgical procedures on patients who have a history of an allergic response to metal dust such that they are prone to form life-threatening ulcers if exposed again.

 

Cutting Tools:

Tungsten Carbide Powder may also be utilized without binder materials because it offers better mechanical qualities than many other alternative metals used in cutting tools.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to witness healthy growth over the forecast period. The Latin American market is anticipated to be driven by rapid economic development, increased investments in infrastructure, and government initiatives for expanding manufacturing facilities in Brazil, Argentina, Mexico, and Chile.

The Asia Pacific region which accounted for the largest share of ultrafine tungsten carbide powder consumption will maintain its dominant position during the study period from 2021-2028.

 

Growth Factors For The Global Ultrafine Tungsten Carbide Powder Market:

One of the major factors driving this growth is the increasing demand for drilling tools, which in turn has resulted in increased production and consumption of ultra-high grade cutting tools such as drills that require HSS (High-Speed Steel) grades with superior performance characteristics. Standard powders are preferred because they can be used for other applications where powder metallurgy cannot be applied, such as molding or needle-making industries.

 


Up Market Research published a new report titled “Ultrafine Tungsten Carbide Powder Sales Market research report which is segmented by Types (Standard Powder, Nano Powder, Others), By Applications (Drill, Mold, Needle, Cutting Tool, Others), By Players/Companies Xiamen Tungsten, ALMT Corp, Wolfram, China Minmetals, Guangdong Xianglu Tungsten, Chongyi Zhangyyuan Tungsten, Japan New Metals”. 

 

Report Scope

Report Attributes Report Details
Report Title Ultrafine Tungsten Carbide Powder Sales Market Research Report
By Type Standard Powder, Nano Powder, Others
By Application Drill, Mold, Needle, Cutting Tool, Others
By Companies Xiamen Tungsten, ALMT Corp, Wolfram, China Minmetals, Guangdong Xianglu Tungsten, Chongyi Zhangyyuan Tungsten, Japan New Metals
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 233
Number of Tables & Figures 164
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Ultrafine Tungsten Carbide Powder Sales Industry Outlook
 

Global Ultrafine Tungsten Carbide Powder Sales Market Report Segments:

The market is segmented by Type Standard Powder, Nano Powder, Others and By Application Drill, Mold, Needle, Cutting Tool, Others.

 

Some of the companies that are profiled in this report are:

  1. Xiamen Tungsten
  2. ALMT Corp
  3. Wolfram
  4. China Minmetals
  5. Guangdong Xianglu Tungsten
  6. Chongyi Zhangyyuan Tungsten
  7. Japan New Metals
 

Ultrafine Tungsten Carbide Powder Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Ultrafine Tungsten Carbide Powder Sales Market
 

Overview of the regional outlook of the Ultrafine Tungsten Carbide Powder Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Ultrafine Tungsten Carbide Powder Sales Market Overview
 

Highlights of The Ultrafine Tungsten Carbide Powder Sales Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Ultrafine Tungsten Carbide Powder Sales Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Standard Powder

                2. Nano Powder

                3. Others

       7. By Application:

                1. Drill

                2. Mold

                3. Needle

                4. Cutting Tool

                5. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Ultrafine Tungsten Carbide Powder Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Ultrafine Tungsten Carbide Powder Sales Market Statistics
 

Reasons to Purchase the Ultrafine Tungsten Carbide Powder Sales Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrafine Tungsten Carbide Powder Sales Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Ultrafine Tungsten Carbide Powder Sales Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Ultrafine Tungsten Carbide Powder Sales Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Ultrafine Tungsten Carbide Powder Sales Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Ultrafine Tungsten Carbide Powder Sales Market Size & Forecast, 2018-2028 
      4.5.1 Ultrafine Tungsten Carbide Powder Sales Market Size and Y-o-Y Growth 
      4.5.2 Ultrafine Tungsten Carbide Powder Sales Market Absolute $ Opportunity 


Chapter 5 Global Ultrafine Tungsten Carbide Powder Sales Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Type
      5.2.1 Standard Powder
      5.2.2 Nano Powder
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Ultrafine Tungsten Carbide Powder Sales Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Applications
      6.2.1 Drill
      6.2.2 Mold
      6.2.3 Needle
      6.2.4 Cutting Tool
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Ultrafine Tungsten Carbide Powder Sales Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Ultrafine Tungsten Carbide Powder Sales Analysis and Forecast
   9.1 Introduction
   9.2 North America Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Type
      9.6.1 Standard Powder
      9.6.2 Nano Powder
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Applications
      9.10.1 Drill
      9.10.2 Mold
      9.10.3 Needle
      9.10.4 Cutting Tool
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Ultrafine Tungsten Carbide Powder Sales Analysis and Forecast
   10.1 Introduction
   10.2 Europe Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Type
      10.6.1 Standard Powder
      10.6.2 Nano Powder
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Applications
      10.10.1 Drill
      10.10.2 Mold
      10.10.3 Needle
      10.10.4 Cutting Tool
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Ultrafine Tungsten Carbide Powder Sales Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Type
      11.6.1 Standard Powder
      11.6.2 Nano Powder
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Applications
      11.10.1 Drill
      11.10.2 Mold
      11.10.3 Needle
      11.10.4 Cutting Tool
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Ultrafine Tungsten Carbide Powder Sales Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Type
      12.6.1 Standard Powder
      12.6.2 Nano Powder
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Applications
      12.10.1 Drill
      12.10.2 Mold
      12.10.3 Needle
      12.10.4 Cutting Tool
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Ultrafine Tungsten Carbide Powder Sales Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Type
      13.6.1 Standard Powder
      13.6.2 Nano Powder
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Ultrafine Tungsten Carbide Powder Sales Market Size Forecast by Applications
      13.10.1 Drill
      13.10.2 Mold
      13.10.3 Needle
      13.10.4 Cutting Tool
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Ultrafine Tungsten Carbide Powder Sales Market: Competitive Dashboard
   14.2 Global Ultrafine Tungsten Carbide Powder Sales Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Xiamen Tungsten
      14.3.2 ALMT Corp
      14.3.3 Wolfram
      14.3.4 China Minmetals
      14.3.5 Guangdong Xianglu Tungsten
      14.3.6 Chongyi Zhangyyuan Tungsten
      14.3.7 Japan New Metals
Segments Covered in the Report
The global Ultrafine Tungsten Carbide Powder Sales market has been segmented based on

By Types
  • Standard Powder
  • Nano Powder
  • Others
By Applications
  • Drill
  • Mold
  • Needle
  • Cutting Tool
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Xiamen Tungsten
  • ALMT Corp
  • Wolfram
  • China Minmetals
  • Guangdong Xianglu Tungsten
  • Chongyi Zhangyyuan Tungsten
  • Japan New Metals

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