Product Code: ETC007889 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Kingdom Tungsten Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 5.47% in 2025, climbs to a high of 7.32% in 2028, and moderates to 5.96% by 2029.
The United Kingdom UK tungsten market is expected to witness growth during the forecast period (2020-2026). Tungsten, also referred to as wolfram, is a hard and lustrous grayish-white metal. It is widely used for its high melting point and hardness in several applications such as light bulbs, automotive components, tools & dies etc. The increased demand from aerospace sector coupled with growing use of tungsten products in medical industry are some of the major factors driving the market growth.
However, stringent regulations regarding usage of hazardous materials may hinder the market growth over the forecast period. Additionally, increasing availability of cost effective substitutes such as ceramics will further limit the demand for tungsten over coming years. The development of new alloys using nanotechnology can create potential opportunities for players operating in this space over near future.
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 Kingdom (UK) Tungsten Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Tungsten Market Revenues & Volume, 2019 & 2026F |
3.3 United Kingdom (UK) Tungsten Market - Industry Life Cycle |
3.4 United Kingdom (UK) Tungsten Market - Porter's Five Forces |
3.5 United Kingdom (UK) Tungsten Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.6 United Kingdom (UK) Tungsten Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 United Kingdom (UK) Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the aerospace and automotive industries due to tungsten's high strength and durability properties. |
4.2.2 Growing adoption of tungsten in electronics and electrical applications, such as semiconductors and light bulbs. |
4.2.3 Rising focus on tungsten recycling and sustainability initiatives to meet environmental regulations and reduce production costs. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of tungsten due to supply-demand imbalances and geopolitical factors impacting mining operations. |
4.3.2 Competition from substitute materials like titanium and ceramics in certain applications. |
4.3.3 Regulatory challenges related to environmental concerns, health, and safety standards in tungsten mining and processing. |
5 United Kingdom (UK) Tungsten Market Trends |
6 United Kingdom (UK) Tungsten Market, By Types |
6.1 United Kingdom (UK) Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Tungsten Market Revenues & Volume, By Applications, 2016 - 2026F |
6.1.3 United Kingdom (UK) Tungsten Market Revenues & Volume, By Tungsten Carbide, 2016 - 2026F |
6.1.4 United Kingdom (UK) Tungsten Market Revenues & Volume, By Metal Alloys, 2016 - 2026F |
6.1.5 United Kingdom (UK) Tungsten Market Revenues & Volume, By Mill Products, 2016 - 2026F |
6.1.6 United Kingdom (UK) Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 United Kingdom (UK) Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Tungsten Market Revenues & Volume, By Automotive Parts, 2016 - 2026F |
6.2.3 United Kingdom (UK) Tungsten Market Revenues & Volume, By Aerospace Components, 2016 - 2026F |
6.2.4 United Kingdom (UK) Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2016 - 2026F |
6.2.5 United Kingdom (UK) Tungsten Market Revenues & Volume, By Logging Equipment, 2016 - 2026F |
6.2.6 United Kingdom (UK) Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2016 - 2026F |
6.2.7 United Kingdom (UK) Tungsten Market Revenues & Volume, By Others, 2016 - 2026F |
7 United Kingdom (UK) Tungsten Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Tungsten Market Export to Major Countries |
7.2 United Kingdom (UK) Tungsten Market Imports from Major Countries |
8 United Kingdom (UK) Tungsten Market Key Performance Indicators |
8.1 Tungsten recycling rate in the UK. |
8.2 Percentage of tungsten used in high-growth industries like aerospace and electronics. |
8.3 Investment in research and development for tungsten processing technologies. |
8.4 Number of new applications or products utilizing tungsten in the UK market. |
8.5 Tungsten import/export ratio for the UK. |
9 United Kingdom (UK) Tungsten Market - Opportunity Assessment |
9.1 United Kingdom (UK) Tungsten Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.2 United Kingdom (UK) Tungsten Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 United Kingdom (UK) Tungsten Market - Competitive Landscape |
10.1 United Kingdom (UK) Tungsten Market Revenue Share, By Companies, 2019 |
10.2 United Kingdom (UK) Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |