Global Tungsten (CAS 7440-33-7) Market overview:

The Tungsten (CAS 7440-33-7) Market is expected to witness sustained growth over the forecast period (2019-2023). The growth of the Tungsten (CAS 7440-33-7) market is driven as there is favourable growth in the industry is a major factor which will boost the global Tungsten (CAS 7440-33-7) Market.

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According reports analysis, the Global Tungsten (CAS 7440-33-7) Market will be chiefly augmented by the increasing product in different end-user industries such as Automotive, Aerospace, Defense, Electronics, Oil and Gas, Mining, etc. Majority of the product is used in manufacturing cemented carbides or hard metals. These are materials made by cementing tungsten carbide grains in a binder matrix of a tough nickel or cobalt alloy using the process of sintering. Tungsten carbide is the most popularly used form of the product which has hardness close to diamond. It is denser than Steel and Titanium, twice as hard as any steel grade, and has extremely high wear resistant. Due to these characteristics, the product is widely used in construction, mining, and metalworking applications.

The Global Tungsten (CAS 7440-33-7) Market is segmented on the basis of Product Type, End Use Industry and Region. On the Basis of Product Type segment, the Tungsten (CAS 7440-33-7) Market is sub segmented into 0.1-1 ?m, 1-10 ?m, 10-50 m. Based on End Use Industry segment, the Tungsten (CAS 7440-33-7) Market is sub segmented into Tungsten Products, Tungsten Iron, Cemented Carbide, Alloy Additive, Electrical Contacts.

APAC is the largest Tungsten (CAS 7440-33-7) Market in the globe accounting for more than half of the product demand in 2017 and poised to grow by more than half Compound Annual Growth Rate. The regional industry will be chiefly driven by China, which is the largest producer as well as consumer of the product. High growth in China’s automotive, aerospace, mining, and electronics sector will be the major factor behind its dominant market position.

Some of the major players that operate in the Global Tungsten (CAS 7440-33-7) Market are Xiamen Tungsten, China Minmetals Corporation, GuangDong XiangLu Tungsten, Japan New Metals Mitsubishi Materials), Chongyi ZhangYuan Tungsten, JXTC, Jiangxi Yaosheng Tungsten, DMEGC, Global Tungsten & Powders, Buffalo Tungsten, Eurotungstene (Umicore), Kennametal, H.C.Starck, American Elements, A.L.M.T. Corp, TaeguTec Ltd, China Molybdenum Co., Ltd, Ganzhou Haichuang, Tungsten, Ganzhou Yatai Tungsten, Ganzhou Grand Sea W & Mo Group.

Latest Industry Updates:

1 China Minmetals Corporation Co., Ltd:-  Held a warning education conference to inform the China Minmetals investigation and punishment during the 19th Central Committee inspection that the typical problems of the violation of the central eight regulations and the recent investigations of violations of laws and regulations. Tang Fuping, secretary of the China Minmetals Party Group and chairman of the board of directors, delivered a speech. Guo Wenqing, general manager of China Minmetals and deputy secretary of the party group, presided over the meeting. Lu Weidong, leader of the China Minmetals Discipline Inspection and Supervision Team and member of the party group, gave a briefing.

The General Assembly reported six cases of violations of the spirit of the eight central regulations, including illegal eating, public use of buses, over-standard vehicles, and subsidies for violations; and reported that one person in charge of an overseas enterprise signed and performed a contract and was defrauded. Case of crime; reported a case of a person in charge of a subordinate enterprise suspected of corruption and bribery transfer to the supervisory authority. The meeting called on all the staff of China Minmetals to take the case as a guide and promote the case, resolutely implement the requirements for the establishment of the central government during the patrol, and promote the comprehensive development of the party from the strict governance.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Tungsten (CAS 7440-33-7) Market Report 2019

1 Tungsten (CAS 7440-33-7) Definition

2 Global Tungsten (CAS 7440-33-7) Market Major Player Share and Market Overview

3 Major Player Tungsten (CAS 7440-33-7) Business Introduction

4 Global Tungsten (CAS 7440-33-7) Market Segmentation (Region Level)

5 Global Tungsten (CAS 7440-33-7) Market Segmentation (Product Type Level)

6 Global Tungsten (CAS 7440-33-7) Market Segmentation (Industry Level)

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