鎢市場規模、佔有率、成長分析、按形式、按產品、按最終用途行業、按地區 - 行業預測，2024-2031 年

Tungsten Market Size, Share, Growth Analysis, By Form (Foils, Ribbons), By Product (Carbides, Tungsten Alloys), By End-use Industry (Automotive, Aerospace), By Region - Industry Forecast 2024-2031

出版日期: 2024年12月15日 | 出版商:

SkyQuest | 英文 184 Pages | 商品交期: 3-5個工作天內

價格

簡介目錄

2022年全球鎢市場規模為47.5億美元，從2023年的51.3億美元成長到2031年的95億美元，複合年成長率預計為8%。

全球鎢市場是採礦和金屬行業的重要組成部分，由於航太、汽車、電子和建築等行業的需求不斷成長，鎢市場正在顯著成長。鎢具有強度、耐用性和耐熱性等獨特性能，使其在生產各種工業應用所需的高性能合金方面具有重要價值。儘管低蘊藏量和複雜的開採過程等挑戰是絆腳石，但新興經濟體正在推動這一成長。此外，鎢礦開採對環境的影響需要嚴格遵守法規。儘管如此，隨著鎢在風力發電機和太陽能電池板等可再生能源技術中的應用，市場前景廣闊，這與全球邁向永續解決方案的運動相一致。總體而言，鎢市場對於滿足不斷變化的行業需求至關重要。

Allegheny Technologies Incorporated（ATI）
Umicore NV
ALMT Corp.
Xiamen Tungsten Co., Ltd.
Chongyi Zhangyuan Tungsten Co., Ltd.
Masan High-Tech Materials
Kennametal Inc.
Rising Nonferrous Metals
North American Tungsten Corporation
Henan Glod
Japan New Metals Co., Ltd.
China Tungsten and Hightech Co., Ltd.
HC Starck Tungsten Powders
Tejing Tungsten
Ganzhou Grand Sea W & Mo Group
Vietnam Youngsun Tungsten Industry Co., Ltd.
Wolfram Bergbau und Hutten AG
Tungsten West Ltd.

結論和建議

簡介目錄

Product Code: SQMIG15J2054

Global Tungsten Market size was valued at USD 4.75 Billion in 2022 and is poised to grow from USD 5.13 Billion in 2023 to USD 9.50 Billion by 2031, growing at a CAGR of 8% during the forecast period (2024-2031).

The global tungsten market, a vital segment of the mining and metals sector, is experiencing significant growth driven by heightened demand across sectors such as aerospace, automotive, electronics, and construction. Tungsten's unique properties, including strength, durability, and heat resistance, make it invaluable in manufacturing high-performance alloys, essential for various industrial applications. Emerging economies are contributing to this surge, although challenges like low reserves and complex extraction processes present obstacles. Additionally, the environmental implications of tungsten mining necessitate strict adherence to regulations. Nevertheless, the market holds promising prospects, particularly as tungsten finds applications in renewable energy technologies like wind turbines and solar panels, aligning with the global push for sustainable solutions. Overall, the tungsten market is critical for meeting evolving industry demands.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Tungsten market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Tungsten Market Segmental Analysis

Global Tungsten Market is segmented by Form, Product, End-use Industry and region. Based on Form, the market is segmented into Foils, Ribbons, Wires, Tubes. Based on Product, the market is segmented into Carbides, Tungsten Alloys, Tungsten Mill Products, Tungsten Chemicals. Based on End-use Industry, the market is segmented into Automotive, Aerospace & Defence, Electrical & Electronics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Tungsten Market

The global demand for tungsten is significantly driven by its unique properties and extensive applications across multiple industries. Key sectors such as aerospace, automotive, electronics, and energy exhibit a rising need for tungsten due to its remarkable strength and heat resistance. In aerospace, tungsten is essential for various components, including aircraft parts and engine elements, while in the automotive realm, it plays a crucial role in balancing weights. This surge in demand is particularly influenced by the industrialization and infrastructure growth in emerging economies, propelling the tungsten market forward as industries increasingly seek to incorporate its advantageous characteristics into their operations.

Restraints in the Global Tungsten Market

The global tungsten market faces significant constraints primarily due to the limited availability of high-grade tungsten reserves. As tungsten is a rare element, its scarcity can disrupt the consistent supply needed for various industries, causing price fluctuations and potential instability in the market. Additionally, dependence on a small number of countries for tungsten production, coupled with geopolitical uncertainties, can further exacerbate supply chain challenges. This combination of factors not only threatens market stability but also raises concerns regarding the long-term sustainability of tungsten supplies, ultimately impacting various sectors that utilize this critical material.

Market Trends of the Global Tungsten Market

The Global Tungsten market is increasingly shifting towards a circular economy, with heightened focus on recycling and sustainable practices. This trend is driven by the rising awareness of environmental sustainability and resource conservation, as industry players strive to minimize waste and environmental impact. Advances in recycling technologies are enabling the efficient recovery of tungsten from scrap and waste, thus enhancing resource availability and reducing reliance on primary mining. As the demand for tungsten continues to grow across various applications, including electronics, aerospace, and manufacturing, the commitment to sustainability and the circular economy is becoming a pivotal market driver, shaping the future of the industry.

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Driver & Opportunities
- Restraints & Challenges
Porters Analysis & Impact
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2023
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technological Advancement
Regulatory Landscape
Case Studies
Customer & Buying Criteria Analysis
Trade Analysis
Raw Material Analysis

Global Tungsten Market Size by Form & CAGR (2024-2031)

Market Overview
Foils
Ribbons
Wires
Tubes

Global Tungsten Market Size by Product & CAGR (2024-2031)

Market Overview
Carbides
Tungsten Alloys
Tungsten Mill Products
Tungsten Chemicals

Global Tungsten Market Size by End-use Industry & CAGR (2024-2031)

Market Overview
Automotive
Aerospace & Defence
Electrical & Electronics

Global Tungsten Market Size & CAGR (2024-2031)

North America (Form, Product, End-use Industry)
- US
- Canada
Europe (Form, Product, End-use Industry)
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific (Form, Product, End-use Industry)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America (Form, Product, End-use Industry)
- Brazil
- Rest of Latin America
Middle East & Africa (Form, Product, End-use Industry)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2023
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

Allegheny Technologies Incorporated (ATI)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Umicore N.V.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
A.L.M.T. Corp.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Xiamen Tungsten Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Chongyi Zhangyuan Tungsten Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Masan High-Tech Materials
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kennametal Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Rising Nonferrous Metals
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
North American Tungsten Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Henan Glod
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Japan New Metals Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
China Tungsten and Hightech Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
H.C. Starck Tungsten Powders
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tejing Tungsten
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ganzhou Grand Sea W & Mo Group
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Vietnam Youngsun Tungsten Industry Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Wolfram Bergbau und Hutten AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tungsten West Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments