Product Code: ETC280708 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia tungsten carbide powder market is projected to expand at a compound annual growth rate (CAGR)of 6.7 % during the forecast period and reach USD 2 billion by the end of 2031. Increasing adoption across diverse industries such as oil & gas , mining , construction , electronics , tool making etc., along with growing popularity among coating service providers has been driving growth for this segment over past few years. Additionally rising demand for wear parts due to increased durability offered from these products will further propel demand over upcoming years.
Tungsten carbide powder finds applications in cemented carbide tools, wear-resistant parts, and thermal spray coatings. The growth of end-use industries and the need for advanced cutting and machining tools can drive the demand for tungsten carbide powder in Indonesia.
The tungsten carbide powder market could face challenges related to consistent quality and particle size distribution. Ensuring a steady supply of tungsten, which is a rare resource, may also impact the market.
The pandemic may have disrupted the supply chain and affected production activities, leading to fluctuations in tungsten carbide powder prices. However, as industrial activities resume and demand picks up, the market is expected to rebound.
H.C. Starck (a part of Masan High-Tech Materials), Sandvik AB, Guangdong Xianglu Tungsten Co. Ltd., and Buffalo Tungsten Inc. are some major players operating in the market.
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 Indonesia Tungsten Carbide Powder Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Tungsten Carbide Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Tungsten Carbide Powder Market - Industry Life Cycle |
3.4 Indonesia Tungsten Carbide Powder Market - Porter's Five Forces |
3.5 Indonesia Tungsten Carbide Powder Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Indonesia Tungsten Carbide Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Tungsten Carbide Powder Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Indonesia Tungsten Carbide Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for tungsten carbide powder in manufacturing industries such as automotive, aerospace, and electronics. |
4.2.2 Growth in infrastructure development projects driving the demand for tungsten carbide tools and wear-resistant components. |
4.2.3 Favorable government initiatives promoting industrial growth and technological advancements. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of tungsten carbide powder. |
4.3.2 Stringent environmental regulations leading to challenges in production processes. |
4.3.3 Competition from alternative materials affecting the market penetration of tungsten carbide powder. |
5 Indonesia Tungsten Carbide Powder Market Trends |
6 Indonesia Tungsten Carbide Powder Market, By Types |
6.1 Indonesia Tungsten Carbide Powder Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Rotary Drilling & Mining, 2021-2031F |
6.1.4 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Metal Forming & Wear, 2021-2031F |
6.1.5 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Submicron, 2021-2031F |
6.1.6 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Corrosion Resistant, 2021-2031F |
6.1.7 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By General Purpose, 2021-2031F |
6.1.8 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Tungsten Carbide Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Machine Tools & Components, 2021-2031F |
6.2.3 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Cutting Tools, 2021-2031F |
6.2.4 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Dies & Punches, 2021-2031F |
6.2.5 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Abrasive Products, 2021-2031F |
6.2.6 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Others, 2021-2031F |
6.3 Indonesia Tungsten Carbide Powder Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.3.3 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Industrial Engineering, 2021-2031F |
6.3.4 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.7 Indonesia Tungsten Carbide Powder Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Tungsten Carbide Powder Market Import-Export Trade Statistics |
7.1 Indonesia Tungsten Carbide Powder Market Export to Major Countries |
7.2 Indonesia Tungsten Carbide Powder Market Imports from Major Countries |
8 Indonesia Tungsten Carbide Powder Market Key Performance Indicators |
8.1 Average selling price of tungsten carbide powder. |
8.2 Adoption rate of tungsten carbide powder in various end-user industries. |
8.3 Research and development investment in new applications and technologies for tungsten carbide powder. |
9 Indonesia Tungsten Carbide Powder Market - Opportunity Assessment |
9.1 Indonesia Tungsten Carbide Powder Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Indonesia Tungsten Carbide Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Tungsten Carbide Powder Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Indonesia Tungsten Carbide Powder Market - Competitive Landscape |
10.1 Indonesia Tungsten Carbide Powder Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Tungsten Carbide Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |