High Purity Tungsten Carbide Powder Market
High Purity Tungsten Carbide Powder Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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High Purity Tungsten Carbide Powder Market Size and Growth
The High Purity Tungsten Carbide Powder market is experiencing steady growth, driven by demand in aerospace, defense, and cutting tool industries. Current market size is valued at approximately USD 1.5 billion, with projections indicating continued expansion due to increasing applications and technological advancements in manufacturing processes.
Companies Covered
(Covid 19 Impact Covered)
◍ Sandvik
◍ Xiamen Tungsten
◍ China Minmetals
◍ Element Six
◍ Jiangxi Yaosheng
◍ GuangDong XiangLu Tungsten
◍ Chongyi Zhangyyuan Tungsten
◍ Plansee (GTP)
◍ JXTC
◍ Japan New Metals
◍ AST
◍ Kohsei
◍ ALMT
◍ Kennametal
◍ H.C.Starck
◍ TaeguTec
◍ Wolfram JSC
◍ Buffalo Tungsten
The High Purity Tungsten Carbide Powder Market features major players like Sandvik, Xiamen Tungsten, and Element Six, focusing on applications in cutting tools and wear-resistant products. Companies enhance market growth through innovation and expanding production capabilities. Sales revenues for a few include:
- Sandvik: $11 billion - Kennametal: $2.1 billion
- H.C. Starck: $500 million.
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Market Segmentation
By Application
By Product
Purity More Than 99% ◍ Machine Tools & Components ◍ Cutting Tools ◍ Dies & Punches ◍ Others
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Purity Less Than 99%
Market Growth
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$ X Billion USD
