Market Forecast By Application (Tungsten Carbide, Metal Alloys, Mill Products And Others), By End User (Automotive Parts, Aerospace Components, Drilling, Boring And Cutting Equipment, Logging Equipment, Electrical & Electronic Appliances And Others), By Countries (United States, Canada) And Competitive Landscape
Product Code: ETC060950 | Publication Date: Jul 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America tungsten marketย is expected to witness growth over the upcoming years. Growing product deployment in many industries such as defense, electronics, aerospace, oil & gas, mining, and increasing infrastructure development has driven the Tungsten market North globally. With the larger dependency on Tungsten carbides, demand surges for the Tungsten market over the forthcoming years because it has hardness similar to the diamond. Carbides are used in the mining sector and it is expected to grow manifolds in the upcoming years. The market may face new challenges due to COVID-19 and its impact can be seen on the demand-supply gap.
According to 6Wresearch, North America Tungsten Market size is anticipated to register growth during 2020-26. At present, United States accounts for the highest revenue share in the overall North America Tungsten market. Further, United States and Canada are among the top contributors in the market revenues owing to rapid modernization, rising demand for hard metals, and proliferation across electronic verticals in these countries. Further, Asia Pacific region is expected to emerge as a potentially lucrative market for Tungsten during the forecast period, primarily due to high growth in the aerospace sector, mining, and usage of tungsten carbide in electrical industrial activities in the region.
Based on end-user, the electronics industry, automotive parts, defense, and drilling verticals are expected to register maximum demand over the forecast period owing to the growing construction projects in the sector. Further, the aerospace sector accounted for a major share of market volume owing to the manufacturing of rotor blades, fluid control systems, and many other products.
North Americaย Tungsten marketย report thoroughly covers the market by application, End-user, and Countries including Canada, United States. North America Tungsten market outlook report provides an unbiased and detailed analysis of the on-going North America Tungsten market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
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. North America Tungsten Market Overview |
3.1. North America Country Macro Economic Indicators |
3.2. North America Tungsten Market Revenues, 2019 & 2026F |
3.3. North America Tungsten Market - Industry Life Cycle |
3.4. North America Tungsten Market - Porter's Five Forces |
3.5. North America Tungsten Market Revenue Share, By End User, 2019 & 2026F |
3.6. North America Tungsten Market Revenue Share, By Application, 2019 & 2026F |
4. North America Tungsten Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Tungsten Market Trends |
6. North America Tungsten Market, By End User |
6.1. North America Tungsten Market, By End User |
6.1.1. Overview and Analysis |
6.1.2. North America Tungsten Market Revenues, By Automotive Parts, 2016 - 2026F |
6.1.3. North America Tungsten Market Revenues, By Aerospace Component, 2016 - 2026F |
6.1.4. North America Tungsten Market Revenues, By Drilling, Boring and Cutting Equipment, 2016 - 2026F |
6.1.5. North America Tungsten Market Revenues, By Logging Equipment, 2016 - 2026F |
6.1.6. North America Tungsten Market Revenues, By Electronics & Eletrical Appliances, 2016 - 2026F |
6.1.7. North America Tungsten Market Revenues, By Others, 2016 - 2026F |
6.2. North America Tungsten Market, By Application |
6.2.1. Overview and Analysis |
6.2.2. North America Tungsten Market Revenues, By Tungsten Carbide, 2016 - 2026F |
6.2.3. North America Tungsten Market Revenues, By Metal Alloys, 2016 - 2026F |
6.2.4. North America Tungsten Market Revenues, By Mill Products, 2016 - 2026F |
6.2.5. North America Tungsten Market Revenues, By Others, 2016 - 2026F |
7. United States Tungsten Market |
7.1. United States Tungsten Market, By End User |
7.1. United States Tungsten Market, By Application |
7.1. United States Tungsten Market, By Regions |
8. Canada Tungsten Market |
8.1. Canada Tungsten Market, By End User |
8.1. Canada Tungsten Market, By Application |
8.1. Canada Tungsten Market, By Regions |
9. North America Tungsten Market Key Performance Indicators |
10. North America Tungsten Market - Opportunity Assessment |
10.1. North America Tungsten Market Opportunity Assessment, By End User, 2019 & 2026F |
10.2. North America Tungsten Market Opportunity Assessment, By Application, 2019 & 2026F |
11. North America Tungsten Market - Competitive Landscape |
11.1. North America Tungsten Market Revenue Share, By Companies, 2019 |
11.2. North America Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
12. Company Profiles |
13. Recommendations |
14. Disclaimer |
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