Product Code: ETC007886 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Peru Tungsten market currently, in 2023, has witnessed an HHI of 3551, Which has decreased slightly as compared to the HHI of 4169 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Peru tungsten market is expected to grow at a CAGR of 5.3% during the forecast period 2020-2026, driven by rapid urbanization and industrialization in the country. The demand for tungsten products, such as alloy steels and carbides, has been increasing significantly in Peru due to its superior strength and non-magnetic properties. Moreover, with economic growth being on rise in Peru there has been an increase in construction activities which is likely to drive the market for tungsten over the forecast period. Furthermore, shifting trend towards renewable energy sources will also contribute towards growth of this market over next six years.
The mining sector plays an important role as it provides raw materials essential for production of various goods that are consumed locally as well as exported overseas; hence government initiatives to facilitate exploration projects will further support this industry?s expansion over coming years. Additionally, private companies such as Minsur SAA (Minera Sur) are also investing heavily into mines located across different parts of Peru; these investments along with favorable government policies regarding mineral extraction have enabled local production capacity thereby providing impetus to overall domestic supply chain network related to this metal segment within country borders itself.
Overall outlook pertaining to Peruvian tungsten market is further complemented by presence of numerous manufacturers who are engaged into producing various types of alloys & compounds using primary form obtained from native deposits or imported resources based upon their cost efficiency & availability factors respectively. Furthermore some reputed firms like TUNGSTENO DEL PERU SA -TDP-, AUXILIUM METALS CORP., Mines& Metals Co., etc.; have established their centers across geographical boundaries within Latin American region ensuring steady flow related inputs required for its downstream processing operations mainly directed towards manufacturing end use applications including cutting tools & dies used across industries ranging from automotive , aerospace engineering etc .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Tungsten Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Tungsten Market Revenues & Volume, 2019 & 2026F |
3.3 Peru Tungsten Market - Industry Life Cycle |
3.4 Peru Tungsten Market - Porter's Five Forces |
3.5 Peru Tungsten Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.6 Peru Tungsten Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Peru Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Peru Tungsten Market Trends |
6 Peru Tungsten Market, By Types |
6.1 Peru Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Peru Tungsten Market Revenues & Volume, By Applications, 2016 - 2026F |
6.1.3 Peru Tungsten Market Revenues & Volume, By Tungsten Carbide, 2016 - 2026F |
6.1.4 Peru Tungsten Market Revenues & Volume, By Metal Alloys, 2016 - 2026F |
6.1.5 Peru Tungsten Market Revenues & Volume, By Mill Products, 2016 - 2026F |
6.1.6 Peru Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Peru Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Peru Tungsten Market Revenues & Volume, By Automotive Parts, 2016 - 2026F |
6.2.3 Peru Tungsten Market Revenues & Volume, By Aerospace Components, 2016 - 2026F |
6.2.4 Peru Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2016 - 2026F |
6.2.5 Peru Tungsten Market Revenues & Volume, By Logging Equipment, 2016 - 2026F |
6.2.6 Peru Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2016 - 2026F |
6.2.7 Peru Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
7 Peru Tungsten Market Import-Export Trade Statistics |
7.1 Peru Tungsten Market Export to Major Countries |
7.2 Peru Tungsten Market Imports from Major Countries |
8 Peru Tungsten Market Key Performance Indicators |
9 Peru Tungsten Market - Opportunity Assessment |
9.1 Peru Tungsten Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.2 Peru Tungsten Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Peru Tungsten Market - Competitive Landscape |
10.1 Peru Tungsten Market Revenue Share, By Companies, 2019 |
10.2 Peru Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |