2020 Tungsten Carbide Market – Market size, Demand, CAGR and Forecast

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.

The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Tungsten Carbide industry, gathering industry-verified data from the value chain analysis.

For this report, Emergen Research has segmented the Global Tungsten Carbide Market based on application, end-user, and region:

·         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

Market Size – USD 18.25 Million in 2019, Market Growth - CAGR of 8.5%, Market Trends – Augmenting application scope in the electronics sector

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