South Africa Tungsten Market (2020-2026) | Revenue, Forecast, Companies, Outlook, Share, COVID-19 IMPACT, Size, Growth, Value, Trends, Analysis & Industry

south africa tungsten market Synopsis

The South Africa tungsten market is expected to remain robust during the forecast period from 2020-2026. Tungsten, also known as wolfram, is a hard and dense metal with the highest melting point of any element. It has excellent resistance to corrosion, oxidation, and erosion due to its high thermal conductivity. The largest deposits of tungsten ore are found in China (66%) followed by Russia (13%), Canada (7%), Australia (6%) and Bolivia (4%). In recent years, there has been an increasing demand for tungsten products from various industries such as aerospace & defense industry, automotive industry, chemical industry and electronics & semiconductor industry due to its superior strength properties.

In South Africa, demand for tungsten is driven mainly by the manufacturing sector which accounts for over 80% of total domestic consumption. Mining companies in South Africa extract both primary and secondary resources from different areas across the country including Gauteng Province where most of these activities take place. There has been an increase in exploration activities within South African mines to meet growing global trends such as electric vehicle production which require higher levels of cobalt content than conventional vehicles do thus creating a steady supply chain for producers looking for raw materials like tungstens These factors are likely to boost sales volume across several countries during the forecast period 2021-2026 further fuelling growth prospects in this region.

Key Highlights of the Report:

• South Africa Tungsten Market Outlook
• Market Size of South Africa Tungsten Market, 2019
• Forecast of South Africa Tungsten Market, 2026
• Historical Data and Forecast of South Africa Tungsten Revenues & Volume for the Period 2016 - 2026
• South Africa Tungsten Market Trend Evolution
• South Africa Tungsten Market Drivers and Challenges
• South Africa Tungsten Price Trends
• South Africa Tungsten Porter's Five Forces
• South Africa Tungsten Industry Life Cycle
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Tungsten Carbide for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Metal Alloys for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Mill Products for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Automotive Parts for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Aerospace Components for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Drilling, Boring & Cutting Equipment for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Logging Equipment for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Electrical & Electronics Appliances for the Period 2016 - 2026
• Historical Data and Forecast of South Africa Tungsten Market Revenues & Volume By Others for the Period 2016 - 2026
• South Africa Tungsten Import Export Trade Statistics
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By End-users
• South Africa Tungsten Top Companies Market Share
• South Africa Tungsten Competitive Benchmarking By Technical and Operational Parameters
• South Africa Tungsten Company Profiles
• South Africa Tungsten Key Strategic Recommendations