Product Code: ETC007892 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Russia Tungsten market currently, in 2023, has witnessed an HHI of 2886, Which has decreased slightly as compared to the HHI of 3394 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Russia tungsten market is expected to experience moderate growth from 2020 to 2026. The increase in demand for tungsten products, mainly used in industrial applications such as metalworking, engineering and manufacturing industries, coupled with growing investment activities are some of the key factors driving the global tungsten market. Additionally, rising awareness about the importance of using tungsten alloys for various applications and increasing urbanization will continue to drive its demand over the forecast period.
Russia produces significant amounts of ferro-tungsten concentrate which is primarily exported to other countries due to lack of advanced processing technologies within Russia itself. This has been limiting Russia`s potential growth in terms of production and export revenue generated by this important industry sector. In addition, lack of access to raw materials as well as high cost associated with mining operations have also hindered development prospects for Russian-based companies operating in this field.
However, with government support and initiatives aimed at developing new technology that can be used for efficient extraction and refining processes; it is estimated that there could be a surge in domestic production levels within the country?s borders during the forecast period (2020 ? 2026). Moreover, regulations implemented by organizations such as International Tungsten Industry Association (ITIA) along with international trade agreements between different countries have improved trading conditions favorable towards exports from Russia thereby providing an impetus for further growth during this time frame.
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 Russia Tungsten Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Tungsten Market Revenues & Volume, 2019 & 2026F |
3.3 Russia Tungsten Market - Industry Life Cycle |
3.4 Russia Tungsten Market - Porter's Five Forces |
3.5 Russia Tungsten Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.6 Russia Tungsten Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Russia Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Russia Tungsten Market Trends |
6 Russia Tungsten Market, By Types |
6.1 Russia Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Russia Tungsten Market Revenues & Volume, By Applications, 2016 - 2026F |
6.1.3 Russia Tungsten Market Revenues & Volume, By Tungsten Carbide, 2016 - 2026F |
6.1.4 Russia Tungsten Market Revenues & Volume, By Metal Alloys, 2016 - 2026F |
6.1.5 Russia Tungsten Market Revenues & Volume, By Mill Products, 2016 - 2026F |
6.1.6 Russia Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Russia Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Russia Tungsten Market Revenues & Volume, By Automotive Parts, 2016 - 2026F |
6.2.3 Russia Tungsten Market Revenues & Volume, By Aerospace Components, 2016 - 2026F |
6.2.4 Russia Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2016 - 2026F |
6.2.5 Russia Tungsten Market Revenues & Volume, By Logging Equipment, 2016 - 2026F |
6.2.6 Russia Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2016 - 2026F |
6.2.7 Russia Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
7 Russia Tungsten Market Import-Export Trade Statistics |
7.1 Russia Tungsten Market Export to Major Countries |
7.2 Russia Tungsten Market Imports from Major Countries |
8 Russia Tungsten Market Key Performance Indicators |
9 Russia Tungsten Market - Opportunity Assessment |
9.1 Russia Tungsten Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.2 Russia Tungsten Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Russia Tungsten Market - Competitive Landscape |
10.1 Russia Tungsten Market Revenue Share, By Companies, 2019 |
10.2 Russia Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |