| Product Code: ETC009341 | Publication Date: Oct 2020 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In 2024, China continued to be a key importer of cemented carbide, with top exporting countries being Japan, South Korea, USA, Germany, and Sweden. Despite a slight decrease in the compound annual growth rate (CAGR) from 2020-24, the industry saw a positive growth rate in 2024. The Herfindahl-Hirschman Index (HHI) indicated a moderate level of concentration in the market, suggesting a competitive landscape among the key exporting nations. This data highlights the ongoing importance of these countries in supplying cemented carbide to meet China industrial needs.

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 Cemented Carbide Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Cemented Carbide Market Revenues & Volume, 2019 & 2026F |
3.3 China Cemented Carbide Market - Industry Life Cycle |
3.4 China Cemented Carbide Market - Porter's Five Forces |
3.5 China Cemented Carbide Market Revenues & Volume Share, By Material Composition, 2019 & 2026F |
3.6 China Cemented Carbide Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 China Cemented Carbide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cemented carbide in automotive and aerospace industries due to its superior properties like high hardness and wear resistance. |
4.2.2 Growing adoption of cemented carbide cutting tools in manufacturing and construction sectors for improved productivity and efficiency. |
4.2.3 Technological advancements leading to the development of new grades and applications for cemented carbide products. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production cost of cemented carbide. |
4.3.2 Intense competition from alternative materials like high-speed steel and ceramics affecting market penetration. |
4.3.3 Environmental regulations and sustainability concerns related to the production and disposal of cemented carbide products. |
5 China Cemented Carbide Market Trends |
6 China Cemented Carbide Market, By Types |
6.1 China Cemented Carbide Market, By Material Composition |
6.1.1 Overview and Analysis |
6.1.2 China Cemented Carbide Market Revenues & Volume, By Material Composition, 2016 - 2026F |
6.1.3 China Cemented Carbide Market Revenues & Volume, By Tungsten Carbide (WC), 2016 - 2026F |
6.1.4 China Cemented Carbide Market Revenues & Volume, By Titanium Carbide (TiC), 2016 - 2026F |
6.1.5 China Cemented Carbide Market Revenues & Volume, By Tantalum Carbide (TaC), 2016 - 2026F |
6.2 China Cemented Carbide Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 China Cemented Carbide Market Revenues & Volume, By Automotive & Metal, 2016 - 2026F |
6.2.3 China Cemented Carbide Market Revenues & Volume, By Aerospace & Defense, 2016 - 2026F |
6.2.4 China Cemented Carbide Market Revenues & Volume, By Oil & Gas, 2016 - 2026F |
6.2.5 China Cemented Carbide Market Revenues & Volume, By Mining & Construction, 2016 - 2026F |
6.2.6 China Cemented Carbide Market Revenues & Volume, By Electronics & Communication, 2016 - 2026F |
7 China Cemented Carbide Market Import-Export Trade Statistics |
7.1 China Cemented Carbide Market Export to Major Countries |
7.2 China Cemented Carbide Market Imports from Major Countries |
8 China Cemented Carbide Market Key Performance Indicators |
8.1 Research and development investment in new cemented carbide grades and applications. |
8.2 Adoption rate of cemented carbide cutting tools in key end-user industries. |
8.3 Utilization rate of cemented carbide products in critical manufacturing processes. |
8.4 Number of patents filed for innovative cemented carbide technologies. |
8.5 Customer satisfaction and feedback on the performance of cemented carbide products. |
9 China Cemented Carbide Market - Opportunity Assessment |
9.1 China Cemented Carbide Market Opportunity Assessment, By Material Composition, 2019 & 2026F |
9.2 China Cemented Carbide Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 China Cemented Carbide Market - Competitive Landscape |
10.1 China Cemented Carbide Market Revenue Share, By Companies, 2024 |
10.2 China Cemented Carbide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |