Product Code: ETC007905 | Publication Date: Jul 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand is a major producer and exporter of tungsten, which is primarily used in the production of carbide cutting tools. Tungsten has important applications in metallurgy, electronics, automotive manufacturing, mining, construction and other industries. It is an essential element for various high-end products such as steel alloys and superconductors. The Thailand tungsten market size was estimated at USD XX million in 2020 and expected to register a CAGR of XX% during the forecast period from 2020 to 2026.
The major driver for the demand growth for tungsten in Thailand can be attributed to increasing industrialization coupled with rising demand from several end user segments such as aerospace & defense industry, healthcare sector etc. Additionally, growing investments into research & development activities by leading players operating in this market are further contributing towards its growth over the years. Moreover increasing focus on environment protection through renewable energy sources coupled with technological advancements have been aiding this market???s growth significantly over recent times.
High prices associated with availability of raw materials have posed great challenge on manufacturers across industry verticals using tungsten along with its fluctuating price trend thus making it difficult for companies to maintain business operations efficiently without hampering profits margins significantly.
The Covid 19 pandemic had an adverse impact on global markets including that of Thailand due to massive disruptions caused throughout supply chain networks worldwide.This led to significant decline in sales volumes along with reduction in production capacities resulting into fall down of overall profitability levels, there by affecting investment decisions taken by key stakeholders involved across value chains.
Some key players operating across this region include China Minmetals Corporation, Wolfram Bergbau und H?tten AG, Jiangxi Ganzhou Tungsten Group Co Ltd, Global Tungsen Powder Corp (GTP) among others.
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 Thailand Tungsten Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Tungsten Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Tungsten Market - Industry Life Cycle |
3.4 Thailand Tungsten Market - Porter's Five Forces |
3.5 Thailand Tungsten Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.6 Thailand Tungsten Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Thailand Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Tungsten Market Trends |
6 Thailand Tungsten Market, By Types |
6.1 Thailand Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Thailand Tungsten Market Revenues & Volume, By Applications, 2020-2030F |
6.1.3 Thailand Tungsten Market Revenues & Volume, By Tungsten Carbide, 2020-2030F |
6.1.4 Thailand Tungsten Market Revenues & Volume, By Metal Alloys, 2020-2030F |
6.1.5 Thailand Tungsten Market Revenues & Volume, By Mill Products, 2020-2030F |
6.1.6 Thailand Tungsten Market Revenues & Volume, By Others, 2020-2030F |
6.2 Thailand Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Tungsten Market Revenues & Volume, By Automotive Parts, 2020-2030F |
6.2.3 Thailand Tungsten Market Revenues & Volume, By Aerospace Components, 2020-2030F |
6.2.4 Thailand Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2020-2030F |
6.2.5 Thailand Tungsten Market Revenues & Volume, By Logging Equipment, 2020-2030F |
6.2.6 Thailand Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2020-2030F |
6.2.7 Thailand Tungsten Market Revenues & Volume, By Others, 2020-2030F |
7 Thailand Tungsten Market Import-Export Trade Statistics |
7.1 Thailand Tungsten Market Export to Major Countries |
7.2 Thailand Tungsten Market Imports from Major Countries |
8 Thailand Tungsten Market Key Performance Indicators |
9 Thailand Tungsten Market - Opportunity Assessment |
9.1 Thailand Tungsten Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.2 Thailand Tungsten Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Thailand Tungsten Market - Competitive Landscape |
10.1 Thailand Tungsten Market Revenue Share, By Companies, 2023 |
10.2 Thailand Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |