Global Tungsten Carbide Market Competition, Forecast & Opportunities, 2024
DUBLIN, Nov. 13, 2019 /PRNewswire/ -- The "Global Tungsten Carbide Market By End-User (Automotive Industry, Aerospace & Defense, Mining & Construction Industry, Oil & Gas Industry, Electronic Industry & Others), By Application, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Nov. 13, 2019 /PRNewswire/ -- The "Global Tungsten Carbide Market By End-User (Automotive Industry, Aerospace & Defense, Mining & Construction Industry, Oil & Gas Industry, Electronic Industry & Others), By Application, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
- Notably, tungsten carbide is one of the metal carbides, which is produced by the reaction of tungsten hexachloride with methanol or methane.
- Among the application sub-segments, cemented carbide application led the tungsten carbide market in 2018 holding a market share of 61% owing to the growing demand for metal cutting tools in machinery.
- Among these regions, China is expected to lead the Asia Pacific tungsten carbide market during the forecast period.