North America Tungsten Carbide Market (2019-2025) | Outlook, Share, Industry, Size, Forecast, Companies, Revenue, Analysis, Growth, Value & Trends

Latest 2021 Developments:

North America Tungsten Carbide Market is witnessing innovation, in May 2020, a Hong Kong-California research cooperation announced the development of an artificial eye with capabilities comparable to the human eye. An aluminum-lined tungsten shell acts as a circular casing for the artificial eye. ExOne cooperated with partner firms to manufacture products to replace lead parts in medical imaging and aerospace applications using bonded tungsten for 3D printing.

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Excellent durability, high tensile strength, and corrosion & abrasion resistance of tungsten carbide makes it ideal to be used in mining, construction, and automobile industry. The Tungsten Carbide market is registering growth as the number of end-use industries such as automotive industries, construction, and mining industries are increasing, which would lead to the rise in demand for tungsten carbide. Also, the immense use of tungsten carbide in metal cutting, wear parts, mining and drilling tools are accelerating the market demand.

According to 6Wresearch, North America Tungsten Carbide Market size is projected to register high growth during 2019-2025. Tungsten Carbide is highly used in the production of mining and machinery components such as inserts, nozzles, rods, buttons, sheets and others resulting in high demand for the products in the North America region. The manufacturing sector in the US is expected to grow due to growing investment for the expansion of the manufacturing sector and changes in labor forces, which would further increase the demand for tungsten carbide.

The United States accounts for major share in the market due to growing demand from the end-use industries such as transportation and aerospace. Aerospace component is the leading end-use sector for tungsten market as the product is widely used in manufacturing aerospace components such as rotor blades, propellers, inertial systems, fluid control systems, bucking bars, trim weights, and aircraft balance weights, which creates a huge demand for tungsten carbide.

The North America Tungsten Carbide report thoroughly covers the market by end-users, applications and by countries including the United States, Canada and Rest of the North America. The Tungsten Carbide market outlook report provides an unbiased and detailed analysis of the on-going Tungsten Carbide market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• North America Tungsten Carbide Market Overview
• North America Tungsten Carbide Market Outlook
• North America Tungsten Carbide Market Forecast
• Historical Data of Tungsten Carbide Market Revenues for the Period 2015-2018
• North America Tungsten Carbide Market Size and Forecast of Revenues, Until 2025
• Historical Data of North America Tungsten Carbide Market Revenues, by End-Users, for the Period 2015-2018
• Market Size & Forecast of North America Tungsten Carbide Market Revenues, by End-Users, until 2025
• Historical Data of North America Tungsten Carbide Market Revenues, by Applications, for the Period 2015-2018
• Market Size & Forecast of North America Tungsten Carbide Market Revenues, by Applications, until 2025
• Historical Data of US Tungsten Carbide Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of US Tungsten Carbide Market Revenues and Volume, Until 2025
• Historical Data of Canada Tungsten Carbide Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Canada Tungsten Carbide Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• North America Tungsten Carbide Market Trends
• Market Opportunity Assessment
• North America Tungsten Carbide Market Share, By Countries
• North America Tungsten Carbide Market Share, By Players
• North America Tungsten Carbide Market Overview on Competitive Benchmarking
• Company Profiles

Markets Covered

Tungsten Carbide Market report provides the detailed analysis of the following market segments:

• By End-Users:
  • Automotive Industry
  • Mining and Construction Industry
  • Electronic Industry
  • Aerospace and Defense Industry
  • Oil & Gas Industry
  • Others
• By Applications:
  • Cemented Carbide
  • Industrial alloys
  • Mill products
  • Jewelry
  • Surgical tools
  • Others
• By Countries
  • United Sates
  • Canada
  • Rest of North America

Other Key Related Reports Include:

• US Tungsten Carbide Market Report
• Canada Tungsten Carbide Market Report