Cemented Carbide Market Size by Application (Machine Tools & Components, Cutting Tools, Dies & Punches), By Type (Tungsten Carbide (WC), Titanium Carbide (TiC), Tantalum Carbide (TaC)), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The global Cemented Carbide market report scope includes detailed study covering underlying factors influencing the industry trends.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
6
REPORT DESCRIPTION
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 (WC), titanium carbide (TiC), or tantalum carbide (TaC) as the aggregate. For decades, cemented carbides have been the work horse for the machining industry. Their processing technique allows them to be produced in different shapes and sizes in mass and at low cost this act as a driving force for the growth of the anti-corrosion coatings market over the forested period. However still there are restraint that are faced by the market like emerging nano-crystalline material as cutting tool material.
The global Cemented Carbide market is segregated on the basis of Application as Machine Tools & Components, Cutting Tools, Dies & Punches, and Others. Based on Type the global Cemented Carbide market is segmented in Tungsten Carbide (WC), Titanium Carbide (TiC), and Tantalum Carbide (TaC).
The global Cemented Carbide market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Cemented Carbide market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Japan New Metals, AST, Kohsei Co Ltd, ALMT Corp, Kennametal, H.C.Starck, TaeguTec Ltd, Wolfram Company JSC, Buffalo Tungsten, Eurotungstene, and others are among the major players in the global Cemented Carbide market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Cemented Carbide Market has been segmented as below:
Cemented Carbide Market, By Application
Cemented Carbide Market, By Type
Cemented Carbide Market, By Region
Cemented Carbide Market, By Company
The report covers:
Report Scope:
The global Cemented Carbide market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Cemented Carbide market share. Major industry players with significant revenue share include Japan New Metals, AST, Kohsei Co Ltd, ALMT Corp, Kennametal, H.C.Starck, TaeguTec Ltd, Wolfram Company JSC, Buffalo Tungsten, Eurotungstene, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Cemented Carbide Market, By Application
5.1 Introduction
5.2 Machine Tools & Components
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Cutting Tools
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Dies & Punches
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Others
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Cemented Carbide Market, By Type
6.1 Introduction
6.2 Tungsten Carbide (WC)
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Titanium Carbide (TiC)
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Tantalum Carbide (TaC)
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Cemented Carbide Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Cemented Carbide, By Application
7.2.2 North America Cemented Carbide, By Type
7.3 Europe
7.3.1 Europe Cemented Carbide, By Application
7.3.2 Europe Cemented Carbide, By Type
7.4 Asia-Pacific
7.4.1 Asia-Pacific Cemented Carbide, By Application
7.4.2 Asia-Pacific Cemented Carbide, By Type
7.5 Rest of the World
7.5.1 Rest of the World Cemented Carbide, By Application
7.5.2 Rest of the World Cemented Carbide, By Type
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Japan New Metals
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 AST
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Kohsei Co Ltd
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 ALMT Corp
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Kennametal
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 H.C.Starck
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 TaeguTec Ltd
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Wolfram Company JSC
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Buffalo Tungsten
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Eurotungstene
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Cemented Carbide Market has been segmented as below:
Cemented Carbide Market, By Application
Cemented Carbide Market, By Type
Cemented Carbide Market, By Region
Cemented Carbide Market, By Company
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