Global Tungsten Carbide Market - Analysis, Technologies & Forecasts to 2021

The report, global tungsten carbide market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is emerging applications of tungsten carbide. In addition to the use of tungsten carbide in machine tools, cutting tools, dies, punches, and abrasives, technological advancements are showcasing the rich prospect for the use of tungsten carbide for new emerging applications. One of the applications is the use of tungsten carbide as a reforming catalyst for the conversion of natural gas to hydrogen gas.

According to the report, one driver in the market is recycling of tungsten from scrap. The global tungsten carbide market has witnessed a continuous growth over the past few decades, which resulted in an increasing consumption of tungsten. Recycling of tungsten carbide is gaining popularity with recent feasible and advanced techniques showcasing effective extraction of tungsten from scrap. Currently, two methods are in practice for tungsten carbide recycling, which include the direct method and the indirect method.

• < Prev
• Next >