Tungsten Carbide Market Outlook 2021 Witnessing Enormous Growth with Recent Trends & Demand
Market Size – USD 18.25 Million in 2019, Market Growth - CAGR of 8.5%, Market Trends – Augmenting application scope in the electronics sector
The Tungsten Carbide Market report offers a comprehensive analysis of the competitive landscape of the market through extensive profiling of the key competitors. The section on the competitive analysis covers product portfolio, company overview, production and manufacturing capacity, financial standing, revenue and gross profit margins, and market position. It also sheds light on the mergers and acquisitions, joint ventures, collaborations, and partnerships occurring in the market.
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For this report, Emergen Research has segmented the Global Tungsten Carbide Market based on application, end-user, and region:
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
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