Technical demand for tungsten carbide

Though tungsten demand is persistently growing owing to the widespread application in national defense, civil and war industries all over the world, increase Supply shortage has become a major growth dampener for the distinctive metal. The growth of the tungsten market depends largely on new discoveries and explorations.

As cemented tungsten carbide is satisfying changing technical demands in milling and turning operations, it is considered a key material for cutting-tool inserts. Ceramic-metallic compounds and ceramics are being produced and used as replacements for cemented tungsten carbide in order to fulfill varying market demands.

The relevant market data and trends are presented in "Tungsten: A Worldwide Market Review".

 

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