Corrosion Resistant Tungsten Carbide Powder Market
Corrosion Resistant Tungsten Carbide Powder
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Corrosion Resistant Tungsten Carbide Powder Market Size and Growth
The Corrosion Resistant Tungsten Carbide Powder market exhibits steady growth, driven by increasing demand in industrial applications. Current estimates place the market size at approximately USD 500 million, with a projected CAGR of 5% over the next five years, reflecting rising investments in advanced materials and protective coatings.
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Companies Covered (Covid 19 Impact Covered)
◍ Sandvik AB (Sweden)
◍ Kennametal Inc. (U.S.)
◍ Ceratizit S.A. (Luxembourg)
◍ Extramet (Switzerland)
◍ Federal Carbide Company (U.S.)
◍ Guangdong Xianglu Tungsten Co., Ltd. (China)
◍ Nanchang Cemented Carbide Co., Ltd. (China)
The corrosion-resistant tungsten carbide powder market features key players like Sandvik AB, Kennametal Inc., and Ceratizit S.A., which enhance market growth through innovation and quality products. These companies focus on advanced machining applications, boosting demand.
Notable sales figures include Kennametal's revenue of approximately $1.7 billion and Ceratizit's €1.5 billion.
◍ Jiangxi Yaosheng Tungsten Co., Ltd. (China)
◍ Japan New Metal Co., Ltd. (Japan)
◍ China Tungsten Online (Xiamen) Manu. & Sales Corp. (China)
◍ Eurotungstene (France)
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Market Segmentation
By Application By Product
Machine Tools & Components
Cutting Tools ◍ Dies & Punches
◍ Abrasive Products
◍ Others
◍ 0-5μm Corrosion Resistant
Tungsten Carbide Powder
5–12μm Corrosion Resistant
Tungsten Carbide Powder
12 to 50μm Corrosion Resistant
Tungsten Carbide Powder
Others
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Market Growth
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$ X Billion USD
