Tungsten carbide is a made up of chemically bonded tungsten and carbide. Its superior hardness enables it to replace steel and other metal alloys in a variety of applications.
Asia-Pacific has the largest global export quantity and manufacturers in Tungsten Carbide Powder (WC) market, while the Europe is the second sales volume market for Tungsten Carbide Powder (WC) in 2016.

In the industry, Sandvik profits most in 2016 and recent years, while Xiamen Tungsten and China Minmetals Corporation ranked 2 and 3.The market share of them is 13.04%, 12.45% and 8.82% in 2016.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are three mainly types of Tungsten Carbide Powder (WC), including Grain Sizes 10 μm. And Grain Sizes 1-10 μm is the main type for Tungsten Carbide Powder (WC), and the Grain Sizes 1-10 μm reached a sales volume of approximately 17915 MT in 2016, with 45.40% of global sales volume.

Tungsten Carbide Powder (WC) technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.


The Global Tungsten Carbide Powder (WC) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Tungsten Carbide Powder (WC) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Sandvik
Xiamen Tungsten
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten Co
Plansee (GTP)
JXTC
Japan New Metals
AST
Kohsei Co Ltd
ALMT Corp
Kennametal
H.C.Starck
TaeguTec Ltd
Wolfram Company JSC
Buffalo Tungsten
Eurotungstene
Lineage Alloys

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Grain Sizes 10 µm
In Market segmentation by applications :

Machine Tools & Components
Cutting Tools
Dies & Punches
Others (Abrasive Products, etc.)

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Tungsten Carbide Powder (WC) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Tungsten Carbide Powder (WC) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Tungsten Carbide Powder (WC) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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