January 6, 2021

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

About Emergen Research

Emergen Research. Is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries