Tungsten Market Growing at 5.51% CAGR to 2022

A report titled “Tungsten Market’ added by Research Trades offers an in-depth analysis of the Shoe deodorizer market and includes a discussion of the key vendors operating in this market.

June 8, 2018 /MarketersMedia/ —

Tungsten market report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. One trend in the Tungsten market is miniaturization of electronic components. With the growing demand for mini devices and small-sized portable devices including smartphones, electronic components such as the ICs are increasingly being miniaturized. Several advances in semiconductors and the increasing shift to ICs has encouraged manufacturers to produce small electro-mechanical components.

The analysts forecast global tungsten market to grow at a CAGR of 5.51% during the period 2018-2022. Tungsten is one of the toughest metals found in nature and exhibits unique properties. Pure tungsten is silver colored and has a high melting point. It offers high density and resists fracture and high temperatures. It is primarily extracted from wolframite and scheelite.

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According to the report, one driver in the tungsten market is vast reserves of tungsten ores in China. With over 75% of the global tungsten output, China is one of the key producers across the globe. Furthermore, the country ranks first with over 1,900,000 metric tons of reserves and is considered as the largest producer, exporter, and consumer of tungsten.
Tungsten is one of the toughest metals found in nature and exhibits unique properties. Pure tungsten is silver colored and has a high melting point. It offers high density and resists fracture and high temperatures. It is primarily extracted from wolframite and scheelite.

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Further, the tungsten market report states that one challenge in the market is stringent environmental and safety regulations. Ingestion of Tungsten metal or carbide through air. water, or food causes lungs diseases and carcinogenic health issues. The areas around tungsten mines, tungsten production industries, and natural deposits have high levels of tungsten in the air and water.

Table of Contents

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Global tungsten market by hard metals
Global tungsten market by steel and alloys
Global tungsten market by mill products
Global tungsten market by others
Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
APAC – Market size and forecast 2017-2022
Europe – Market size and forecast 2017-2022
North America – Market size and forecast 2017-2022
ROW – Market size and forecast 2017-2022
Key leading countries
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Miniaturization of electronic components
Recycling of tungsten scrap
Emerging future applications of tungsten
PART 13: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 14: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
ALMONTY
China Molybdenum
Wolf Minerals
Wolframcompany
Xiamen Tungsten
Chongyi ZhangYuan Tungsten
PART 15: APPENDIX
List of abbreviations

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Release ID: 357407