Report overview
Cemented carbide is a hard material used extensively as cutting tool material, as well as other industrial applications. It consists of fine particles of carbide cemented into a composite by a binder metal. Cemented carbides commonly use tungsten carbide, titanium carbide, or tantalum carbide as the aggregate.
This report aims to provide a comprehensive presentation of the global market for Cemented Carbide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cemented Carbide. This report contains market size and forecasts of Cemented Carbide in global, including the following market information:
Global Cemented Carbide Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Cemented Carbide Market Sales, 2018-2023, 2024-2032, (MT)
Global top five Cemented Carbide companies in 2022 (%)
The global Cemented Carbide market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Tungsten Carbide(WC) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Cemented Carbide include Sandvik, Xiamen Tungsten, China Minmetals Corporation, Element Six, Jiangxi Yaosheng, GuangDong XiangLu Tungsten, Chongyi Zhangyyuan Tungsten Co, Plansee(GTP) and JXTC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Cemented Carbide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cemented Carbide Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Cemented Carbide Market Segment Percentages, by Type, 2022 (%)
Tungsten Carbide(WC)
Titanium Carbide(TiC)
Tantalum Carbide(TaC)
Global Cemented Carbide Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Cemented Carbide Market Segment Percentages, by Application, 2022 (%)
Machine Tools & Components
Cutting Tools
Dies & Punches
Others(Abrasive Products, etc.)
Global Cemented Carbide Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Cemented Carbide Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cemented Carbide revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cemented Carbide revenues share in global market, 2022 (%)
Key companies Cemented Carbide sales in global market, 2018-2023 (Estimated), (MT)
Key companies Cemented Carbide sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
Xiamen Tungsten
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten Co
Plansee(GTP)
JXTC
Japan New Metals
AST
Kohsei Co Ltd
ALMT Corp
Kennametal
H.C.Starck
TaeguTec Ltd
Wolfram Company JSC
Buffalo Tungsten
Eurotungstene
Lineage Alloys
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cemented Carbide, market overview.
Chapter 2: Global Cemented Carbide market size in revenue and volume.
Chapter 3: Detailed analysis of Cemented Carbide manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cemented Carbide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cemented Carbide capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.