Product Code: ETC007920 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates Tungsten Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 9.28% in 2025 and reaches 9.98% by 2029.
The United Arab Emirates (UAE) tungsten market is projected to register a CAGR of 3.9% during the forecast period 2025-2031. The growing demand for special alloys and steel in the construction industry has been driving the growth of UAE tungsten market over recent years. Increasing industrial activity in non-oil sectors such as manufacturing, shipping and transportation, hospitality, real estate etc., have been contributing significantly to the GDP growth of UAE which will ultimately lead to increased tungsten consumption in this region due to its excellent properties like high melting point and hardness at elevated temperatures. Moreover, increasing infrastructural developments such as residential complexes along with mixed use projects are also expected to drive the demand for tungsten from this country during forecast period 2025-2031
The Government of Abu Dhabi has announced plans to invest AED 50 billion towards infrastructure development across 2025 - 2025 which includes road networks and healthcare facilities which will lead to increased demand for tungsten products from Abu Dhabi in near future due lack availability other materials that can withstand extreme conditions like temperature changes & corrosion resistance offered by Tungsten based materials. In addition , Dubai government is focusing on reviving stalled projects through alternative funding sources & encouraging foreign investment into its economy. This would create more lucrative opportunities for international players dealing in Tungsten related products & services within UAE region
Growing industrialization & increasing acceptance levels towards usage of advanced materials propelled by stringent environmental regulations imposed on traditional materials is one major factor driving overall market growth. Further, an increasing number of upcoming large scale projects involving structural steel fabrication , automotive components , aerospace engineering activities are pushing up demand for higher grade TUNGSTEN ALLOYS.
High cost associated with production process coupled with fluctuating prices prevailing over raw material inputs may hamper potential growth prospects within overall industry space. Further, lack awareness amongst end users regarding benefits provided by specialized application specific grades limits adoption levels among consumers resulting low revenues generation through sales channelization efforts conducted at regional level leading manufacturers operating within UAE domain striving hard retain their existing clientele base while trying attract new customers order maintain healthy profit margins over long run window time frame post facing cut throat competition form OEM suppliers offering lower quality product outputs but cheaper price.
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 United Arab Emirates (UAE) Tungsten Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Tungsten Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Tungsten Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Tungsten Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Tungsten Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 United Arab Emirates (UAE) Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Tungsten Market Trends |
6 United Arab Emirates (UAE) Tungsten Market, By Types |
6.1 United Arab Emirates (UAE) Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Tungsten Carbide, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Metal Alloys, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Mill Products, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Automotive Parts, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Aerospace Components, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Logging Equipment, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2021-2031F |
6.2.7 United Arab Emirates (UAE) Tungsten Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Tungsten Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Tungsten Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Tungsten Market Imports from Major Countries |
8 United Arab Emirates (UAE) Tungsten Market Key Performance Indicators |
9 United Arab Emirates (UAE) Tungsten Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Tungsten Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Tungsten Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 United Arab Emirates (UAE) Tungsten Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Tungsten Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |