Product Code: ETC007897 | Publication Date: Jun 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Ukraine Tungsten Market registered a decline of -27.68% in value shipments in 2022 as compared to 2021 and an increase of 18.82% CAGR in 2022 over a period of 2017. In Tungsten Market Ukraine is becoming more competitive as the HHI index in 2022 was 5298 while in 2017 it was 5955. 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 less numbers of players or countries exporting in the market.
The Ukraine tungsten market is expected to register a CAGR of 4.03% during the forecast period (2020-2026). Tungsten, also known as wolfram, is one of the rarest and hardest metals found on earth with the highest melting point among all elements in nature. It has many applications due to its properties such as high temperature resistance, wear resistance, low thermal expansion coefficient and excellent electrical conductivity. The increasing demand for tungsten from various industries such as automotive and aerospace industry has been driving the growth of this market in Ukraine.
The country`s major raw material suppliers are located mainly in Russia which accounts for around 95% of total tungsten supplies consumed within Ukraine. There have been certain issues related to international trade between both countries that could hinder the supply chain management of Ukrainian companies which may pose a challenge to this market?s growth rate over forecasted period.
On account of advanced technology used by automakers across Europe including Ukraine, there have been growing demands for light weight materials such as steel alloys with added amount tungsten content. This factor coupled with rising demand from construction industry will further propel the growth rate for this market during 2020-2026 periods in Ukraine region.
Additionally , government restrictions on import/export activities along with disruption caused by COVID -19 pandemic will be negatively impacting revenue generation opportunities offered by domestic companies operating in this industry . In order to combat these issues , key players operating within Ukrainian region should focus on implementing cost effective production tactics and diversifying their product portfolio based on customer needs .
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 Ukraine Tungsten Market Overview |
3.1 Ukraine Country Macro Economic Indicators |
3.2 Ukraine Tungsten Market Revenues & Volume, 2019 & 2026F |
3.3 Ukraine Tungsten Market - Industry Life Cycle |
3.4 Ukraine Tungsten Market - Porter's Five Forces |
3.5 Ukraine Tungsten Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.6 Ukraine Tungsten Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Ukraine Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ukraine Tungsten Market Trends |
6 Ukraine Tungsten Market, By Types |
6.1 Ukraine Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Ukraine Tungsten Market Revenues & Volume, By Applications, 2016 - 2026F |
6.1.3 Ukraine Tungsten Market Revenues & Volume, By Tungsten Carbide, 2016 - 2026F |
6.1.4 Ukraine Tungsten Market Revenues & Volume, By Metal Alloys, 2016 - 2026F |
6.1.5 Ukraine Tungsten Market Revenues & Volume, By Mill Products, 2016 - 2026F |
6.1.6 Ukraine Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Ukraine Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Ukraine Tungsten Market Revenues & Volume, By Automotive Parts, 2016 - 2026F |
6.2.3 Ukraine Tungsten Market Revenues & Volume, By Aerospace Components, 2016 - 2026F |
6.2.4 Ukraine Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2016 - 2026F |
6.2.5 Ukraine Tungsten Market Revenues & Volume, By Logging Equipment, 2016 - 2026F |
6.2.6 Ukraine Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2016 - 2026F |
6.2.7 Ukraine Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
7 Ukraine Tungsten Market Import-Export Trade Statistics |
7.1 Ukraine Tungsten Market Export to Major Countries |
7.2 Ukraine Tungsten Market Imports from Major Countries |
8 Ukraine Tungsten Market Key Performance Indicators |
9 Ukraine Tungsten Market - Opportunity Assessment |
9.1 Ukraine Tungsten Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.2 Ukraine Tungsten Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Ukraine Tungsten Market - Competitive Landscape |
10.1 Ukraine Tungsten Market Revenue Share, By Companies, 2019 |
10.2 Ukraine Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |