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PUBLISHER: Grand View Research | PRODUCT CODE: 1575289
PUBLISHER: Grand View Research | PRODUCT CODE: 1575289
Tungsten Market Size, Share & Trends Analysis Report By End-use (Aerospace & Defense, Construction, Automotive), By Region, And Segment Forecasts, 2024 - 2030
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PAGES: 95 Pages
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"2030 tungsten market value to reach USD 48.1 million."
Tungsten Market Size & Trends:
The global tungsten market size was estimated at USD 34.6 million in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030. Rising demand for tungsten-based products in the automotive and electronics industry is projected to remain a key growth factor for the market.
Tungsten has a high melting point, density, and tensile strength and is a key material required in manufacturing components that demand durability, heat resistance, and reliability. In the electronics industry, tungsten's conductivity and resistance to thermal expansion make it ideal for use in semiconductor manufacturing and as contacts in electronic devices, driving its demand due to the increasing global dependence on digital technology. The push towards miniaturization of electronic devices that can withstand high temperatures and maintain performance is expected to further augment growth in electronics.
Global Tungsten Market Report Segmentation
This report forecasts revenue and volume growth at global, country, and regional levels and analyzes the latest trends in each sub-segment from 2018 to 2030. For this study, Grand View Research has segmented the global tungsten market report based on end-use, and region.
- End-use Outlook (Volume, Kil0tons; Revenue, USD Million, 2018 - 2030)
- Aerospace & Defense
- Construction
- Automotive
- Mining & Energy
- Electronics & Robotics
- Others
- Regional Outlook (Volume, Kil0tons; Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Central & South America
- Brazil
- Middle East & Africa
Product Code: GVR-4-68040-454-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Tungsten Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing & Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Industry Trends
- 3.5.4.1. ESG Analysis
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Tungsten Market: End Use Estimates & Trend Analysis
- 4.1. Tungsten Market: End Use Movement Analysis, 2023 & 2030
- 4.2. Aerospace & Defense
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3. Construction
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Automotive
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5. Mining & Energy
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6. Electronics & Robotics
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.7. Others
- 4.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Tungsten Market: Regional Estimates & Trend Analysis
- 5.1. Regional Analysis, 2023 & 2030
- 5.2. North America
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.3. U.S.
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4. Canada
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5. Mexico
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Europe
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.3. Germany
- 5.3.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4. UK
- 5.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.5. Russia
- 5.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.3. China
- 5.4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4. India
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5. Japan
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6. South Korea
- 5.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons)
- 5.5. Central & South America
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.3. Brazil
- 5.5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Middle East & Africa
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Heat Map Analysis
- 6.4. Vendor Landscape
- 6.4.1. List of Raw Material Suppliers
- 6.4.2. List of Distributors
- 6.4.3. List of Other Prominent Manufacturers
- 6.4.4. List of Prospective End Users
- 6.5. Strategy Mapping
- 6.6. Company Profiles/Listing
- 6.6.1. Umicore N.V.
- 6.6.1.1. Company Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Product Benchmarking
- 6.6.2. A.L.M.T. Corp.
- 6.6.2.1. Company Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Product Benchmarking
- 6.6.3. Wolfram
- 6.6.3.1. Company Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Product Benchmarking
- 6.6.4. ATI
- 6.6.4.1. Company Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Product Benchmarking
- 6.6.5. BETEK GmbH & Co. KG
- 6.6.5.1. Company Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Product Benchmarking
- 6.6.6. China Tungsten & Hightech
- 6.6.6.1. Company Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Product Benchmarking
- 6.6.7. Buffalo Tungsten Inc.
- 6.6.7.1. Company Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. Product Benchmarking
- 6.6.8. Global Tungsten & Powders
- 6.6.8.1. Company Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. Product Benchmarking
- 6.6.9. H.C. Stark GmbH
- 6.6.9.1. Company Overview
- 6.6.9.2. Financial Performance
- 6.6.9.3. Product Benchmarking
- 6.6.10. Plansee Group
- 6.6.10.1. Company Overview
- 6.6.10.2. Financial Performance
- 6.6.10.3. Product Benchmarking
- 6.6.1. Umicore N.V.
Product Code: GVR-4-68040-454-1
List of Tables
- TABLE 1 Tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 2 Tungsten market estimates and forecasts, in aerospace & defense, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 3 Tungsten market estimates and forecasts, in construction, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 4 Tungsten market estimates and forecasts, in desalination & water treatment, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 5 Tungsten market estimates and forecasts, in mining & energy, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 6 Tungsten market estimates and forecasts, in electronics & robotics, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 7 Tungsten market estimates and forecasts, in other end uses, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 8 North America tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 9 North America tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 10 North America tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 11 U.S. tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 12 U.S. tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 13 U.S. tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 14 Canada tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 15 Canada tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 16 Canada tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 17 Mexico tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 18 Mexico tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 19 Mexico tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 20 Europe tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 21 Europe tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 22 Europe tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 23 Germany tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 24 Germany tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 25 Germany tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 26 UK tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 27 UK tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 28 UK tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 29 Russia tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 30 Russia tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 31 Russia tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 32 Italy tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 33 Italy tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 34 Italy tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 35 Asia Pacific tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 36 Asia Pacific tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 37 Asia Pacific tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 38 China tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 39 China tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 40 China tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 41 India tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 42 India tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 43 India tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 44 Japan tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 45 Japan tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 46 Japan tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 47 Central & South America tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 48 South Korea tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 49 South Korea tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 50 South Korea tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 51 Central & South America tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 52 Central & South America tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 53 Brazil tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 54 Brazil tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 55 Brazil tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
- TABLE 56 Middle East tungsten market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 57 Middle East & Africa tungsten market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- TABLE 58 Middle East & Africa tungsten market estimates & forecasts, by end use, 2018 - 2030 (Kilotons)
List of Figures
- Fig 1. Market segmentation
- Fig 2. Information procurement
- Fig 3. Data analysis models
- Fig 4. Market formulation and validation
- Fig 5. Data validating & publishing
- Fig 6. Market snapshot
- Fig 7. Segmental outlook - End Use
- Fig 8. Competitive Outlook
- Fig 9. Tungsten market outlook, 2018 - 2030 (USD Million) (Kilotons)
- Fig 10. Value chain analysis
- Fig 11. Market dynamics
- Fig 12. Porter's Analysis
- Fig 13. PESTEL Analysis
- Fig 14. Tungsten market, by end use: Key takeaways
- Fig 15. Tungsten market, by end use: Market share, 2023 & 2030
- Fig 16. Tungsten market: Regional analysis, 2023
- Fig 17. Tungsten market, by region: Key takeaways
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