Product Code: ETC007901 | Publication Date: Sep 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The China Tungsten Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 0.77% in 2025, it steadily loses momentum, ending at 0.69% by 2029.
The tungsten market in China is characterized by its critical role in various industries, including aerospace, electronics, and manufacturing. Tungstens properties, such as high melting point and density, make it essential for many high-tech applications. Market growth is supported by technological advancements and increasing industrial applications. However, the market faces challenges such as fluctuations in tungsten prices and environmental concerns related to mining and processing activities.
The China Tungsten Market is driven by its critical applications in various high-tech and industrial sectors. Tungsten is essential for producing high-performance alloys, cutting tools, and electronics due to its exceptional hardness and high melting point. The growth of industries such as aerospace, defense, and electronics, where tungsten`s properties are highly valued, supports market demand. Additionally, advancements in tungsten production and processing technologies, along with efforts to secure stable tungsten supply chains, contribute to the market`s growth. The increasing use of tungsten in renewable energy applications, such as solar panels and wind turbines, also drives market expansion.
The tungsten market in China faces challenges related to raw material scarcity and geopolitical risks. Tungsten is a critical material with limited global reserves, and China`s dominance in the production and processing of tungsten can be affected by international trade policies and geopolitical tensions. Additionally, the market is impacted by fluctuations in global demand and prices, as well as the need to comply with stringent environmental regulations. The high cost of mining and processing tungsten further complicates market dynamics.
The Chinese government`s policies on tungsten resources and strategic minerals are crucial to the tungsten market. The government is implementing measures to ensure a stable supply of tungsten, which is critical for various industrial applications. Policies supporting the development of tungsten mining and processing infrastructure, along with incentives for technological advancements in tungsten use, are driving market growth. Additionally, regulatory efforts to manage environmental impacts and promote sustainable practices in tungsten production are shaping the market landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Tungsten Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Tungsten Market Revenues & Volume, 2021 & 2031F |
3.3 China Tungsten Market - Industry Life Cycle |
3.4 China Tungsten Market - Porter's Five Forces |
3.5 China Tungsten Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 China Tungsten Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 China Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 China Tungsten Market Trends |
6 China Tungsten Market, By Types |
6.1 China Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 China Tungsten Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 China Tungsten Market Revenues & Volume, By Tungsten Carbide, 2021-2031F |
6.1.4 China Tungsten Market Revenues & Volume, By Metal Alloys, 2021-2031F |
6.1.5 China Tungsten Market Revenues & Volume, By Mill Products, 2021-2031F |
6.1.6 China Tungsten Market Revenues & Volume, By Others, 2021-2031F |
6.2 China Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 China Tungsten Market Revenues & Volume, By Automotive Parts, 2021-2031F |
6.2.3 China Tungsten Market Revenues & Volume, By Aerospace Components, 2021-2031F |
6.2.4 China Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2021-2031F |
6.2.5 China Tungsten Market Revenues & Volume, By Logging Equipment, 2021-2031F |
6.2.6 China Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2021-2031F |
6.2.7 China Tungsten Market Revenues & Volume, By Others, 2021-2031F |
7 China Tungsten Market Import-Export Trade Statistics |
7.1 China Tungsten Market Export to Major Countries |
7.2 China Tungsten Market Imports from Major Countries |
8 China Tungsten Market Key Performance Indicators |
9 China Tungsten Market - Opportunity Assessment |
9.1 China Tungsten Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 China Tungsten Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 China Tungsten Market - Competitive Landscape |
10.1 China Tungsten Market Revenue Share, By Companies, 2024 |
10.2 China Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |