タングステンカーバイド市場- 世界の産業規模、シェア、動向、機会、予測、エンドユーザー別、用途別、地域別、競合別、2020～2030年

タングステンカーバイドの世界市場規模は2024年に239億米ドルとなり、予測期間では2030年までCAGR 5.18%で着実な成長が予測されています。

タングステンカーバイドの世界市場は、その卓越した硬度、耐久性、耐摩耗性、耐腐食性により、一貫した拡大を続けています。この高性能材料は、自動車、航空宇宙、鉱業、建設、石油・ガス、製造、エレクトロニクス、ヘルスケアなどの主要産業で重要な役割を果たしており、優れた機械的強度、高融点、過酷な条件に耐える能力が評価されています。その広範な採用は、精密工学や産業用途において、コスト効率が高く、長持ちするソリューションが求められていることに起因しています。

市場の成長軌道を支えているのは、産業化の進展、機械加工・製造技術の進歩、重要分野における高強度材料需要の増加です。しかし、原料供給の制約、環境規制、地政学的貿易の不確実性といった課題が、市場の安定性に潜在的なリスクをもたらしています。こうしたハードルにもかかわらず、継続的な技術革新、持続可能な材料調達、市場の地理的多様化が今後の拡大を促進すると予想されます。産業界が効率性、耐久性、性能を優先する中、タングステンカーバイドは次世代エンジニアリングと高精度製造に不可欠な材料であり続けています。

市場促進要因

自動車産業におけるタングステンカーバイドの需要拡大

主な市場課題

原材料価格の変動

主な市場動向

積層造形の需要拡大

目次

第1章 概要

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 世界のタングステンカーバイド市場展望

• 市場規模・予測
  • 金額・数量別
• 市場シェア・予測
  • エンドユーザー別（自動車、航空宇宙・防衛、建設、石油・ガス、電子機器、その他）
  • 用途別（超硬合金、工業用合金、外科用器具、その他）
  • 地域別
  • 企業別（2024）
• 市場マップ
  • エンドユーザー別
  • 用途別
  • 地域別

第5章 アジア太平洋地域のタングステンカーバイド市場展望

• 市場規模・予測
  • 金額・数量別
• 市場シェア・予測
  • エンドユーザー別
  • 用途別
  • 国別
• アジア太平洋地域：国別分析
  • 中国
  • インド
  • オーストラリア
  • 日本
  • 韓国

第6章 欧州のタングステンカーバイド市場展望

• 市場規模・予測
• 市場シェア・予測
• 欧州：国別分析
  • フランス
  • ドイツ
  • スペイン
  • イタリア
  • 英国

第7章 北米のタングステンカーバイド市場展望

• 市場規模・予測
• 市場シェア・予測
• 北米：国別分析
  • 米国
  • メキシコ
  • カナダ

第8章 南米のタングステンカーバイド市場展望

• 市場規模・予測
• 市場シェア・予測
• 南米：国別分析
  • ブラジル
  • アルゼンチン
  • コロンビア

第9章 中東・アフリカのタングステンカーバイド市場展望

• 市場規模・予測
• 市場シェア・予測
• 中東・アフリカ：国別分析
  • 南アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • エジプト

第10章 市場力学

• 促進要因
• 課題

第11章 市場動向と発展

• 最近の動向
• 製品上市
• 合併と買収

第12章 世界のタングステンカーバイド市場：SWOT分析

第13章 ポーターのファイブフォース分析

• 業界内の競合
• 新規参入の可能性
• サプライヤーの力
• 顧客の力
• 代替品の脅威

第14章 競合情勢

• American Elements Corp
• Buffalo Tungsten Inc.
• CERATIZIT S.A.
• CY Carbide Mfg. Co., Ltd.
• Extramet Products, LLC.
• Federal Carbide Company
• Guangdong Xianglu Tungsten Co., Ltd.
• H.C. Starck Tungsten GmbH
• Jiangxi Yaosheng Tungsten Co., Ltd.
• Kennametal Inc.

第15章 戦略的提言

第16章 調査会社について・免責事項

Global Tungsten Carbide Market was valued at USD 23.90 Billion in 2024 and is anticipated to project steady growth in the forecast period with a CAGR of 5.18% through 2030. The global tungsten carbide market is experiencing consistent expansion, driven by its exceptional hardness, durability, and resistance to wear and corrosion. This high-performance material plays a vital role across key industries, including automotive, aerospace, mining, construction, oil & gas, manufacturing, electronics, and healthcare, where it is valued for its superior mechanical strength, high melting point, and ability to withstand extreme conditions. Its extensive adoption stems from the need for cost-efficient, long-lasting solutions in precision engineering and industrial applications.

The market's growth trajectory is supported by rising industrialization, advancements in machining and manufacturing technologies, and increasing demand for high-strength materials in critical sectors. However, challenges such as raw material supply constraints, environmental regulations, and geopolitical trade uncertainties pose potential risks to market stability. Despite these hurdles, continuous innovation, sustainable material sourcing, and geographic market diversification are expected to drive future expansion. As industries prioritize efficiency, durability, and performance, tungsten carbide remains an essential material in next-generation engineering and high-precision manufacturing.

Key Market Drivers

Growing Demand of Tungsten Carbide from Automotive Industry

The growing demand for tungsten carbide from the automotive industry is a pivotal factor driving the expansion of the global tungsten carbide market. Tungsten carbide, known for its exceptional hardness, wear resistance, and thermal stability, is an essential material in several automotive applications. As the automotive industry evolves, the need for high-performance materials that can withstand extreme conditions and contribute to the overall efficiency of vehicles is more critical than ever.

Increasing Demand for Fuel-Efficient and High-Performance Vehicles: The automotive industry is under pressure to meet stringent fuel efficiency regulations and performance standards. Tungsten carbide is often used in engine components such as valve seats, valve guides, and fuel injectors, where durability and high resistance to wear and tear are crucial. As automakers focus on producing more efficient and durable engines, the demand for tungsten carbide in these components continues to rise. In the final quarter of 2022, Mercedes-Benz, the world's most valuable luxury automotive brand, demonstrated strong performance, delivering 540,800 passenger cars, reflecting a 17% year-on-year increase. This period also marked a significant rise in sales of Top-End and Battery Electric Vehicles (BEVs). Notably, the October to December quarter was the best of the year for Top-End vehicle sales, which grew by 14%, driven by sustained demand across most regions. This robust performance came despite challenges such as ongoing COVID-19 restrictions, semiconductor shortages, and logistical bottlenecks that impacted the automotive industry throughout the year. The rapid growth of electric vehicles (EVs) has further bolstered the demand for tungsten carbide. EVs require high-precision components, including bearings, gears, and transmission parts, where tungsten carbide's superior hardness and wear resistance are invaluable. Additionally, the automotive industry is investing heavily in advanced manufacturing technologies to improve the performance of electric vehicle motors and batteries, further increasing the demand for tungsten carbide in various EV-related applications. In 2023, global registrations of new electric vehicles (EVs) reached nearly 14 million, pushing the total number of electric cars on the road to 40 million, in line with the sales projections outlined in the 2023 Global EV Outlook (GEVO-2023). This marked a substantial 35% year-on-year growth, with sales in 2023 exceeding 2022 figures by 3.5 million units.

Key Market Challenges

Volatility in Price of Raw Materials

Tungsten carbide, an incredibly robust and heat-resistant alloy composed of tungsten and carbon, has gained immense popularity in a wide range of industrial applications. This remarkable material is highly sought after for its exceptional hardness, making it an ideal choice for various cutting tools, abrasives, and machine tools used in demanding industries.

However, despite its versatility and widespread use, the tungsten carbide market is currently facing significant challenges. The fluctuating costs of raw materials, particularly tungsten, directly impact the production cost of tungsten carbide. These price fluctuations can arise from a multitude of factors, including supply-demand imbalances, global economic conditions, and geopolitical issues.

Recent studies have shown that the price volatility of tungsten carbide has a substantial impact on international trade relationships within the cemented carbide industry. For example, the ongoing conflict in Ukraine has resulted in soaring prices and increased market volatility.

As the demand for tungsten carbide continues to grow, understanding the intricate dynamics of its supply chain and the factors driving price fluctuations becomes crucial for industry players. By closely monitoring and adapting to these challenges, stakeholders can navigate the turbulent market conditions and ensure the continued success of this indispensable material in various industrial sectors.

Key Market Trends

Growing Demand for Additive Manufacturing

Additive manufacturing, also known as 3D printing, has revolutionized various industries, and the tungsten carbide market is no exception. The exceptional hardness, durability, and heat resistance of tungsten carbide make it an outstanding choice for manufacturing intricate components with the utmost precision.

The increasing demand for ultrafine tungsten carbide can be attributed to its expanding utilization in a wide range of applications, such as cutting tools. Additive manufacturing techniques have enabled the creation of complex geometric shapes that were previously challenging or even impossible to manufacture.

The rise of additive manufacturing has left a significant impact on the global tungsten carbide market. As industries continue to adopt additive manufacturing techniques, driven by their advantages of precision, flexibility, and cost-effectiveness, the demand for tungsten carbide is poised to witness substantial growth.

Moreover, additive manufacturing allows for the efficient utilization of materials, leading to reduced waste and potentially mitigating some of the challenges posed by raw material price volatility, which has been a significant concern in the tungsten carbide market.

In conclusion, the increasing demand for additive manufacturing represents a significant trend in the global tungsten carbide market. As industries wholeheartedly embrace this technology and reap its numerous benefits, this trend is expected to persist, contributing to the continued growth and evolution of the market.

Key Market Players

• American Elements Corp
• Buffalo Tungsten Inc.
• CERATIZIT S.A.
• CY Carbide Mfg. Co., Ltd.
• Extramet Products, LLC.
• Federal Carbide Company
• Guangdong Xianglu Tungsten Co., Ltd.
• H.C. Starck Tungsten GmbH
• Jiangxi Yaosheng Tungsten Co., Ltd.
• Kennametal Inc.

Report Scope:

In this report, the Global Tungsten Carbide Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Tungsten Carbide Market, By End User:

• Automotive
• Aerospace & Defense
• Construction
• Oil & Gas
• Electronic
• Others

Tungsten Carbide Market, By Application:

• Cemented Carbide
• Industrial Alloys
• Surgical Tools
• Others

Tungsten Carbide Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Tungsten Carbide Market.

Available Customizations:

Global Tungsten Carbide Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Global Tungsten Carbide Market Outlook

• 4.1. Market Size & Forecast
  • 4.1.1. By Value & Volume
• 4.2. Market Share & Forecast
  • 4.2.1. By End User (Automotive, Aerospace & Defense, Construction, Oil & Gas, Electronic, Others)
  • 4.2.2. By Application (Cemented Carbide, Industrial Alloys, Surgical Tools, Others)
  • 4.2.3. By Region
  • 4.2.4. By Company (2024)
• 4.3. Market Map
  • 4.3.1. By End User
  • 4.3.2. By Application
  • 4.3.3. By Region

5. Asia Pacific Tungsten Carbide Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value & Volume
• 5.2. Market Share & Forecast
  • 5.2.1. By End User
  • 5.2.2. By Application
  • 5.2.3. By Country
• 5.3. Asia Pacific: Country Analysis
  • 5.3.1. China Tungsten Carbide Market Outlook
    • 5.3.1.1. Market Size & Forecast
      • 5.3.1.1.1. By Value & Volume
    • 5.3.1.2. Market Share & Forecast
      • 5.3.1.2.1. By End User
      • 5.3.1.2.2. By Application
  • 5.3.2. India Tungsten Carbide Market Outlook
    • 5.3.2.1. Market Size & Forecast
      • 5.3.2.1.1. By Value & Volume
    • 5.3.2.2. Market Share & Forecast
      • 5.3.2.2.1. By End User
      • 5.3.2.2.2. By Application
  • 5.3.3. Australia Tungsten Carbide Market Outlook
    • 5.3.3.1. Market Size & Forecast
      • 5.3.3.1.1. By Value & Volume
    • 5.3.3.2. Market Share & Forecast
      • 5.3.3.2.1. By End User
      • 5.3.3.2.2. By Application
  • 5.3.4. Japan Tungsten Carbide Market Outlook
    • 5.3.4.1. Market Size & Forecast
      • 5.3.4.1.1. By Value & Volume
    • 5.3.4.2. Market Share & Forecast
      • 5.3.4.2.1. By End User
      • 5.3.4.2.2. By Application
  • 5.3.5. South Korea Tungsten Carbide Market Outlook
    • 5.3.5.1. Market Size & Forecast
      • 5.3.5.1.1. By Value & Volume
    • 5.3.5.2. Market Share & Forecast
      • 5.3.5.2.1. By End User
      • 5.3.5.2.2. By Application

6. Europe Tungsten Carbide Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value & Volume
• 6.2. Market Share & Forecast
  • 6.2.1. By End User
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. Europe: Country Analysis
  • 6.3.1. France Tungsten Carbide Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value & Volume
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By End User
      • 6.3.1.2.2. By Application
  • 6.3.2. Germany Tungsten Carbide Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value & Volume
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By End User
      • 6.3.2.2.2. By Application
  • 6.3.3. Spain Tungsten Carbide Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value & Volume
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By End User
      • 6.3.3.2.2. By Application
  • 6.3.4. Italy Tungsten Carbide Market Outlook
    • 6.3.4.1. Market Size & Forecast
      • 6.3.4.1.1. By Value & Volume
    • 6.3.4.2. Market Share & Forecast
      • 6.3.4.2.1. By End User
      • 6.3.4.2.2. By Application
  • 6.3.5. United Kingdom Tungsten Carbide Market Outlook
    • 6.3.5.1. Market Size & Forecast
      • 6.3.5.1.1. By Value & Volume
    • 6.3.5.2. Market Share & Forecast
      • 6.3.5.2.1. By End User
      • 6.3.5.2.2. By Application

7. North America Tungsten Carbide Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value & Volume
• 7.2. Market Share & Forecast
  • 7.2.1. By End User
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. North America: Country Analysis
  • 7.3.1. United States Tungsten Carbide Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value & Volume
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By End User
      • 7.3.1.2.2. By Application
  • 7.3.2. Mexico Tungsten Carbide Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value & Volume
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By End User
      • 7.3.2.2.2. By Application
  • 7.3.3. Canada Tungsten Carbide Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value & Volume
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By End User
      • 7.3.3.2.2. By Application

8. South America Tungsten Carbide Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value & Volume
• 8.2. Market Share & Forecast
  • 8.2.1. By End User
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. South America: Country Analysis
  • 8.3.1. Brazil Tungsten Carbide Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value & Volume
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By End User
      • 8.3.1.2.2. By Application
  • 8.3.2. Argentina Tungsten Carbide Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value & Volume
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By End User
      • 8.3.2.2.2. By Application
  • 8.3.3. Colombia Tungsten Carbide Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value & Volume
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By End User
      • 8.3.3.2.2. By Application

9. Middle East and Africa Tungsten Carbide Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value & Volume
• 9.2. Market Share & Forecast
  • 9.2.1. By End User
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. MEA: Country Analysis
  • 9.3.1. South Africa Tungsten Carbide Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value & Volume
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By End User
      • 9.3.1.2.2. By Application
  • 9.3.2. Saudi Arabia Tungsten Carbide Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value & Volume
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By End User
      • 9.3.2.2.2. By Application
  • 9.3.3. UAE Tungsten Carbide Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value & Volume
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By End User
      • 9.3.3.2.2. By Application
  • 9.3.4. Egypt Tungsten Carbide Market Outlook
    • 9.3.4.1. Market Size & Forecast
      • 9.3.4.1.1. By Value & Volume
    • 9.3.4.2. Market Share & Forecast
      • 9.3.4.2.1. By End User
      • 9.3.4.2.2. By Application

10. Market Dynamics

• 10.1. Drivers
• 10.2. Challenges

11. Market Trends & Developments

• 11.1. Recent Developments
• 11.2. Product Launches
• 11.3. Mergers & Acquisitions

12. Global Tungsten Carbide Market: SWOT Analysis

13. Porter's Five Forces Analysis

• 13.1. Competition in the Industry
• 13.2. Potential of New Entrants
• 13.3. Power of Suppliers
• 13.4. Power of Customers
• 13.5. Threat of Substitute Product

14. Competitive Landscape

• 14.1. American Elements Corp
  • 14.1.1. Business Overview
  • 14.1.2. Company Snapshot
  • 14.1.3. Products & Services
  • 14.1.4. Financials (In case of listed)
  • 14.1.5. Recent Developments
  • 14.1.6. SWOT Analysis
• 14.2. Buffalo Tungsten Inc.
• 14.3. CERATIZIT S.A.
• 14.4. CY Carbide Mfg. Co., Ltd.
• 14.5. Extramet Products, LLC.
• 14.6. Federal Carbide Company
• 14.7. Guangdong Xianglu Tungsten Co., Ltd.
• 14.8. H.C. Starck Tungsten GmbH
• 14.9. Jiangxi Yaosheng Tungsten Co., Ltd.
• 14.10. Kennametal Inc.

15. Strategic Recommendations

16. About Us & Disclaimer