Tungsten Carbide Powder Market Size, Price, Trends, Shares, Segment & Forecast to 2023

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The key drivers for the global tungsten carbide powder market is the increasing adoption of the powder for developing various components such as nozzles, inserts, rods, sheets, buttons, bits, tips, strips and balls, for various end-use industries during the forecast period.

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Tungsten carbide powder is produced by the carburization of tungsten carbide powder and a range of powder qualities in regard to average particle size (0.15–12µm) is produced. The tungsten carbide powder also depends on the average particle size, particle size distribution, apparent (bulk) density and homogeneity.

High temperature carburised WC powders (1,700–2,200 °C) are usually coarse 10 to 50µm though the percentage production is less. Tungsten carbide powder is packaged in sealed polyethylene-lined steel drums.

The key trends observed in the global tungsten carbide powder market are recent developments towards improvising the properties of the tungsten carbide powder.

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The major companies operating in the global tungsten carbide powder market are Sandvik AB, Kennametal Inc., Ceratizit S.A, Extramet, Federal Carbide Company, Guangdong Xianglu Tungsten Co., Ltd., Nanchang Cemented Carbide Co., Ltd., Jiangxi Yaosheng Tungsten Co., Ltd., Japan New Metal Co., Ltd., China Tungsten Online (Xiamen) Manu. & Sales Corp. and Eurotungstene.

Market Segmentation

By Grade
  • Rotary drilling and mining
  • Metal forming and wear
  • Submicron
  • Corrosion resistant
  • General purpose
  • Others
By Application
  • Machine tools and components
  • Cutting tools
  • Dies and punches
  • Abrasive products
  • Others
By End-Use Industry
  • Mining and construction
  • Industrial engineering
  • Transportation
  • Oil and gas
  • Aerospace and defense
  • Others

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