A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Tungsten
Carbide Powder
Market. The
study, titled “Tungsten
Carbide Powder Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Tungsten
carbide powder is a compound containing atoms of tungsten and
carbide. Tungsten carbide powder can be pressed and molded into
different shapes and sizes for usage in cutting tools, abrasives,
industrial machinery, jewelry, and other tools and equipment. This
powder is characterized by high thermal conductivity, extreme
stiffness, and intense strength. Furthermore, it is denser than steel
and aluminum. Tungsten carbide powder is produced through a
conventional method of carburization, which involves mixing tungsten
powder with high purity carbon and reacting the mixture at
temperatures ranging between 1,300 and 1,600 degrees centigrade in
hydrogen atmosphere. The powder formed is stored in sealed polythene
lined steel drums. Micro grain tungsten carbide powder is employed
for nozzles, circuit board drills, and end mills, while fine powder
is utilized in cutting tools. Further, ultra and medium coarse
powders are employed in energy drilling tools, mining tools, and road
construction bits.
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in mining and construction activities, development of engineering
industries, and expansion of the transportation sector are some
demand-generating factors which are estimated to drive the expansion
of the global tungsten carbide powder market. In the mining and
construction industry, these powders are employed in tunnel boring
machines and roller-cutters since these powders offer resistance from
abrasion, wear and tear, and improve the strength of materials. It is
also widely utilized in jewelry to prevent them from getting
scratched or tarnished easily. Demand for energy minerals such as
coal has led to an increase in mining activities. This, coupled with
rapid urbanization and improved infrastructure, has led to expansion
of the in construction project. The emerging economies have been
witnessing a rise in demand for coal and other minerals due to an
increase in electricity consumption to satisfy a large population.
Therefore, all these factors are anticipated to lead to an increase
in demand for tungsten carbide powders.
However,
tungsten carbide powders are highly toxic. Inhaling them can cause
serious respiratory diseases and can also severely affect vision and
cause skin allergies. Extensive usage of these powders in cement
carbide causes harmful effects on the environment. Therefore harmful
health and environmental effects of tungsten carbide powders can lead
to their reduced usage, thereby causing hindrance to the expansion of
the market.
The
global tungsten carbide powder market can be segmented into
application, and geography. In terms of application, the market can
be further segmented into mining and construction, nuclear reactors,
sports, surgical instruments, jewelry, and others. Tungsten carbide
powder finds its maximum usage in the mining and construction
industry. Therefore, this segment is estimated to hold prominent
share in the market. However, it is also extensively employed in the
other mentioned application areas. For instance, tungsten carbide
powder is a very effective nuclear reactor.
In
terms of geography, the global tungsten carbide powder market can be
segmented into North America, Europe, Asia Pacific, Middle East &
Africa (MEA), and Latin America. Asia Pacific market is projected to
dominate the global market during the forecast period due to rise in
construction, mining and engineering activities. Countries such as
China, Japan, and India contribute
Key
kaolin mining companies operating in this market include Kennametal
Inc. (U.S.), Extramet (Switzerland), Sandvik AB (Sweden), Guangdong
Xianglu Tungsten Co., Ltd. (China), Federal Carbide Company (U.S.),
Ceratizit S.A. (Luxembourg), Japan New Metal Co., Ltd. (Japan), China
Tungsten Online (Xiamen) Manu. & Sales Corp. (China), Nanchang
Cemented Carbide Co., Ltd. (China), Jiangxi Yaosheng Tungsten Co.,
Ltd. (China), and Eurotungstene (France).
Get
accurate market forecast and analysis on the Tungsten Carbide Powder
market. Request a sample to stay abreast on the key trends impacting
this market@
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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