2021 Tungsten CarbideMarket Report : Acute Analysis of Global Demand and Supply 2027
Tungsten Carbide market report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Tungsten Carbide business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
Tools made from tungsten carbide powder are majorly used in the manufacturing of aluminum cans, glass bottles, plastic tubes, and steel as well as copper wires. The other application areas include the machining of soft ceramics, plastics, wear components, wood, composites, metal cutting, mining & construction, structural components, and military components.
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The Global Tungsten Carbide Market will be worth USD 27.70 billion by 2027, according to the current analysis by Emergen Research. Cemented carbide, a major market sub-segment, is anticipated to be considered a potential choice and often utilized, which can be accredited to its distinctive physical and mechanical characteristics, like deflection resistance, abrasion, compressive strength, tensile strength, and high-temperature wear resistance.
· Application Outlook (Revenue, USD Billion; 2017-2027)
o Cemented Carbide
o Coatings
o Alloys
o Others
· End-User Outlook (Revenue, USD Billion; 2017-2027)
o Aerospace and Defense
o Automotive
o Mining and Construction
o Electronics
o Others
For this report, Emergen Research has segmented the Global Tungsten Carbide Market based on application, end-user, and region:
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