Aarkstore Enterprise announced latest Market Research Report Titled "Global Tungsten Market"

Global Tungsten Market report aims to present the analysis of global tungsten market on the basis of End-Use Application (Hard Metals, Mill Products, Steel and Alloys, Chemicals & Others), By End-User Industries (Automotive, Mining, Construction, Oil & Gas, Aerospace & Defense and Medical), By Region (North America, Europe, Asia Pacific and Rest of the world) and By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil and Saudi Arabia).Global Tungsten Market is forecasted to grow at a CAGR of 4.25% during 2016 – 2021.

Strong growth in tungsten market is driven by the surging demand for downstream tungsten products in varied end-user sectors including automotive, industrial engineering, energy, and aviation. The uncovering of the wide range of applications in allied industries like medical, defense and electric and electronic, has been impelling growth in the tungsten market. 

Although, hard metals hold the major percentage share in the total tungsten market in the present, consumption of tungsten for mill products is projected to display a faster growth in the future owing to the increasing application in high growth electronic and construction industries. Regionally, tungsten demand growth is likely to be the fastest in the Asia Pacific region against the backdrop of economic growth in emerging markets. Developed regions of North America and Europe are expected to display a steady paced growth, mainly due to high expenditure in automotive and engineering sectors.

Global Tungsten Market Report Highlights:

• Primary Research: Interviews conducted with key management people to gain quality responses and deeper insights. 
• Secondary Research: Data and insights from industry associations, annual reports, company presentations, premium journals and internal database. 
• Actual Period: Historical and current market sizing (2011-2015)
• Forecast Period: Projected market sizing (2016E-2021F)
• Companies Covered: Sandvik AB, Kennametal Inc., Sumitomo Electric Industries, Ltd., Nippon Tungsten Co., Ltd, NAECO, LLC., Toonney Alloy(Xiamen) Co.,Ltd., Federal Carbide Company, Buffalo Tungsten Inc.

Scope of the Report:

Global Tungsten Market Report provides coverage by End-Use Application, End-User Industries, By Region and By Country:

By End-Use Application

• Hard Metals 
• Steel and Other Alloys
• Mill Products
• Chemical
• Other

By End-User Industries 

• Automotive
• Mining
• Construction
• Oil & Gas
• Aerospace and Defense
• Medical

By Region

• North America
• Europe
• Asia Pacific
• Rest of the world

By Country

• U.S
• Canada
• Germany
• U.K
• China
• India
• Japan
• Brazil
• Saudi Arabia

 About Aarkstore Enterprise

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Category: Chemical Market Research
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