Product Code: ETC007903 | Publication Date: Jun 2023 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The South Korean tungsten market is expected to show significant growth in the forecast period of 2020-2026. This is due to the increased demand for tungsten from various industrial sectors, such as automotive and aerospace components, machine tools, electronic parts, medical instruments and jewelry. In addition, the increasing usage of tungsten alloys in several industries like aerospace and defense will drive market growth during this period. The major drivers for this market are growing demand from Asia Pacific countries including China and Japan; rising government initiatives towards clean energy production; technological advancements in products; and an increase in research & development activities.
Moreover, increasing investment by key players into R&D activities related to new applications of tungsten will create more opportunities for manufacturers to develop better quality products with improved performance characteristics which can help them grab a larger share of the global market. However, some challenges faced by the industry include stringent environmental regulations on mining operations across many countries that could limit availability of raw materials needed for manufacturing these products along with higher cost associated with its extraction process compared to other metals used in similar applications limiting its penetration into certain markets.
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 South Korea Tungsten Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Tungsten Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Tungsten Market - Industry Life Cycle |
3.4 South Korea Tungsten Market - Porter's Five Forces |
3.5 South Korea Tungsten Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.6 South Korea Tungsten Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 South Korea Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Tungsten Market Trends |
6 South Korea Tungsten Market, By Types |
6.1 South Korea Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 South Korea Tungsten Market Revenues & Volume, By Applications, 2016 - 2026F |
6.1.3 South Korea Tungsten Market Revenues & Volume, By Tungsten Carbide, 2016 - 2026F |
6.1.4 South Korea Tungsten Market Revenues & Volume, By Metal Alloys, 2016 - 2026F |
6.1.5 South Korea Tungsten Market Revenues & Volume, By Mill Products, 2016 - 2026F |
6.1.6 South Korea Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 South Korea Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 South Korea Tungsten Market Revenues & Volume, By Automotive Parts, 2016 - 2026F |
6.2.3 South Korea Tungsten Market Revenues & Volume, By Aerospace Components, 2016 - 2026F |
6.2.4 South Korea Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2016 - 2026F |
6.2.5 South Korea Tungsten Market Revenues & Volume, By Logging Equipment, 2016 - 2026F |
6.2.6 South Korea Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2016 - 2026F |
6.2.7 South Korea Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Tungsten Market Import-Export Trade Statistics |
7.1 South Korea Tungsten Market Export to Major Countries |
7.2 South Korea Tungsten Market Imports from Major Countries |
8 South Korea Tungsten Market Key Performance Indicators |
9 South Korea Tungsten Market - Opportunity Assessment |
9.1 South Korea Tungsten Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.2 South Korea Tungsten Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 South Korea Tungsten Market - Competitive Landscape |
10.1 South Korea Tungsten Market Revenue Share, By Companies, 2019 |
10.2 South Korea Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |