Global Cemented Carbide Market Opportunities, Challenges, Strategies & Forecasts
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This report studies the Cemented Carbide market, covering market size for segment by type (Tungsten Carbide (WC), Titanium Carbide (TiC), etc.), by application (Machine Tools & Components, Cutting Tools, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Sandvik, Xiamen Tungsten, China Minmetals Corporation, Element Six, Jiangxi Yaosheng, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Cemented Carbide from 2016-2021, and provides extensive market forecasts from 2022-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Cemented Carbide market.
Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of Cemented Carbide including:
Sandvik
Xiamen Tungsten
China Minmetals Corporation
Element Six
Jiangxi Yaosheng
GuangDong XiangLu Tungsten
Chongyi Zhangyyuan Tungsten
Plansee (GTP)
JXTC
Japan New Metals
AST
Kohsei
ALMT Corp
Kennametal
H.C.Starck
TaeguTec
Wolfram Company
Buffalo Tungsten
Eurotungstene
Lineage Alloys
Market split by Type, can be divided into:
Tungsten Carbide (WC)
Titanium Carbide (TiC)
Tantalum Carbide (TaC)
Market split by Application, can be divided into:
Machine Tools & Components
Cutting Tools
Dies & Punches
Others
Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel
Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Key Questions Answered in Report
Which is the most lucrative market
Which factors will impact the growth of the market
How will changing trends impact the strategies of market players
How can market players capture the low-hanging opportunities across regions
Which companies are leading the industry
What are the winning strategies of stakeholders in the market
Chapter 1 Cemented Carbide Market Overview
1.1 Cemented Carbide Definition
1.2 Global Cemented Carbide Market Size Status and Outlook (2016-2030)
1.3 Global Cemented Carbide Market Size Comparison by Region (2016-2030)
1.4 Global Cemented Carbide Market Size Comparison by Type (2016-2030)
1.5 Global Cemented Carbide Market Size Comparison by Application (2016-2030)
1.6 Global Cemented Carbide Market Size Comparison by Sales Channel (2016-2030)
1.7 Cemented Carbide Market Dynamics (COVID-19 Impacts)
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/Expansion)
1.7.4 COVID-19 Impacts
1.7.5 Post-Strategies of COVID-19
Chapter 2 Cemented Carbide Market Segment Analysis by Player
2.1 Global Cemented Carbide Sales and Market Share by Player (2019-2021)
2.2 Global Cemented Carbide Revenue and Market Share by Player (2019-2021)
2.3 Global Cemented Carbide Average Price by Player (2019-2021)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Cemented Carbide Market Segment Analysis by Type
3.1 Global Cemented Carbide Market by Type
3.1.1 Tungsten Carbide (WC)
3.1.2 Titanium Carbide (TiC)
3.1.3 Tantalum Carbide (TaC)
3.2 Global Cemented Carbide Sales and Market Share by Type (2016-2021)
3.3 Global Cemented Carbide Revenue and Market Share by Type (2016-2021)
3.4 Global Cemented Carbide Average Price by Type (2016-2021)
3.5 Leading Players of Cemented Carbide by Type in 2021
3.6 Conclusion of Segment by Type
Chapter 4 Cemented Carbide Market Segment Analysis by Application
4.1 Global Cemented Carbide Market by Application
4.1.1 Machine Tools & Components
4.1.2 Cutting Tools
4.1.3 Dies & Punches
4.1.4 Others
4.2 Global Cemented Carbide Revenue and Market Share by Application (2016-2021)
4.3 Leading Consumers of Cemented Carbide by Application in 2021
4.4 Conclusion of Segment by Application
Chapter 5 Cemented Carbide Market Segment Analysis by Sales Channel
5.1 Global Cemented Carbide Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Cemented Carbide Revenue and Market Share by Sales Channel (2016-2021)
5.3 Leading Distributors/Dealers of Cemented Carbide by Sales Channel in 2021
5.4 Conclusion of Segment by Sales Channel
Chapter 6 Cemented Carbide Market Segment Analysis by Region
6.1 Global Cemented Carbide Market Size and CAGR by Region (2016-2030)
6.2 Global Cemented Carbide Sales and Market Share by Region (2016-2021)
6.3 Global Cemented Carbide Revenue and Market Share by Region (2016-2021)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Cemented Carbide Market Share by Type
6.4.3 North America Cemented Carbide Market Share by Application
6.4.4 United States
6.4.5 Canada
6.4.6 Mexico
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Cemented Carbide Market Share by Type
6.5.3 Europe Cemented Carbide Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Russia
6.5.9 Spain
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Cemented Carbide Market Share by Type
6.6.3 Asia-Pacific Cemented Carbide Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Cemented Carbide Market Share by Type
6.7.3 South America Cemented Carbide Market Share by Application
6.7.4 Brazil
6.7.5 Argentina
6.7.6 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Cemented Carbide Market Share by Type
6.8.3 Middle East & Africa Cemented Carbide Market Share by Application
6.8.4 UAE
6.8.5 Saudi Arabia
6.8.6 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Cemented Carbide Players
7.1 Sandvik
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Xiamen Tungsten
7.3 China Minmetals Corporation
7.4 Element Six
7.5 Jiangxi Yaosheng
7.6 GuangDong XiangLu Tungsten
7.7 Chongyi Zhangyyuan Tungsten
7.8 Plansee (GTP)
7.9 JXTC
7.10 Japan New Metals
7.11 AST
7.12 Kohsei
7.13 ALMT Corp
7.14 Kennametal
7.15 H.C.Starck
7.16 TaeguTec
7.17 Wolfram Company
7.18 Buffalo Tungsten
7.19 Eurotungstene
7.20 Lineage Alloys
Chapter 8 Upstream and Downstream Analysis of Cemented Carbide
8.1 Industrial Chain of Cemented Carbide
8.2 Upstream of Cemented Carbide
8.3 Downstream of Cemented Carbide
Chapter 9 Development Trend of Cemented Carbide (2022-2030)
9.1 Global Cemented Carbide Market Size (Sales and Revenue) Forecast (2022-2030)
9.2 Global Cemented Carbide Market Size and CAGR Forecast by Region (2022-2030)
9.3 Global Cemented Carbide Market Size and CAGR Forecast by Type (2022-2030)
9.4 Global Cemented Carbide Market Size and CAGR Forecast by Application (2022-2030)
9.5 Global Cemented Carbide Market Size and CAGR Forecast by Sales Channel (2022-2030)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Cemented Carbide Example
Figure Global Cemented Carbide Revenue (Million $) Status and Outlook (2016-2030)
Figure Global Cemented Carbide Revenue (Million $) Comparison by Region (2016-2030)
Figure Global Cemented Carbide Revenue (Million $) Comparison by Type (2016-2030)
Figure Global Cemented Carbide Revenue (Million $) Comparison by Application (2016-2030)
Figure Global Cemented Carbide Revenue (Million $) Comparison by Sales Channel (2016-2030)
Table Global Cemented Carbide Sales by Player (2019-2021)
Table Global Cemented Carbide Sales Market Share by Player (2019-2021)
Figure Global Cemented Carbide Sales Market Share by Player in 2021
Table Global Cemented Carbide Revenue (Million $) by Player (2019-2021)
Table Global Cemented Carbide Revenue Market Share by Player (2019-2021)
Figure Global Cemented Carbide Revenue Market Share by Player in 2021
Table Global Cemented Carbide Average Price by Player (2019-2021)
Figure Global Cemented Carbide Average Price by Player in 2021
Figure Global Cemented Carbide Players Competition Situation – Top 5 Players’ Revenue Market Share in 2019
Figure Global Cemented Carbide Players Competition Trends – Top 5 Players’ Revenue Market Share in 2021
Figure Example of Tungsten Carbide (WC)
Figure Global Tungsten Carbide (WC) Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Titanium Carbide (TiC)
Figure Global Titanium Carbide (TiC) Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Tantalum Carbide (TaC)
Figure Global Tantalum Carbide (TaC) Revenue (Million $) and Growth Rate (2016-2021)
Table Global Cemented Carbide Sales by Type (2016-2021)
Table Global Cemented Carbide Sales Market Share by Type (2016-2021)
Figure Global Cemented Carbide Sales Market Share by Type in 2021
Table Global Cemented Carbide Revenue (Million $) by Type (2016-2021)
Table Global Cemented Carbide Revenue Market Share by Type (2016-2021)
Figure Global Cemented Carbide Revenue Market Share by Type in 2021
Table Global Cemented Carbide Average Price by Type (2016-2021)
Figure Global Cemented Carbide Average Price by Type in 2021
Table Leading Players of Cemented Carbide by Type in 2021
Figure Example of Machine Tools & Components
Figure Global Cemented Carbide for Machine Tools & Components Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Cutting Tools
Figure Global Cemented Carbide for Cutting Tools Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Dies & Punches
Figure Global Cemented Carbide for Dies & Punches Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Others
Figure Global Cemented Carbide for Others Revenue (Million $) and Growth Rate (2016-2021)
Table Global Cemented Carbide Sales by Application (2016-2021)
Table Global Cemented Carbide Sales Market Share by Application (2016-2021)
Figure Global Cemented Carbide Sales Market Share by Application in 2021
Table Leading Consumers of Cemented Carbide by Application in 2021
Figure Example of Direct Channel
Figure Global Cemented Carbide for Direct Channel Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Distribution Channel
Figure Global Cemented Carbide for Distribution Channel Revenue (Million $) and Growth Rate (2016-2021)
Table Global Cemented Carbide Revenue by Sales Channel (2016-2021)
Table Global Cemented Carbide Revenue Market Share by Sales Channel (2016-2021)
Figure Global Cemented Carbide Revenue Market Share by Sales Channel in 2021
Table Leading Distributors/Dealers of Cemented Carbide by Sales Channel in 2021
Table Global Cemented Carbide Market Size and CAGR by Region (2016-2030)
Table Global Cemented Carbide Sales by Region (2016-2021)
Table Global Cemented Carbide Sales Market Share by Region (2016-2021)
Figure Global Cemented Carbide Sales Market Share by Region in 2021
Table Global Cemented Carbide Revenue (Million $) by Region (2016-2021)
Table Global Cemented Carbide Revenue Market Share by Region (2016-2021)
Figure Global Cemented Carbide Revenue Market Share by Region in 2021
Table North America Cemented Carbide Sales by Country (2016-2021)
Figure North America Cemented Carbide Sales Market Share by Country (2016-2021)
Table North America Cemented Carbide Revenue by Country (2016-2021)
Figure North America Cemented Carbide Revenue Market Share by Country (2016-2021)
Figure North America Cemented Carbide Market Share by Type in 2021
Figure North America Cemented Carbide Market Share by Application in 2021
Figure United States Cemented Carbide Sales and Growth Rate (2016-2021)
Figure United States Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Canada Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Canada Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Mexico Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Mexico Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Table Europe Cemented Carbide Sales by Country (2016-2021)
Figure Europe Cemented Carbide Sales Market Share by Country (2016-2021)
Table Europe Cemented Carbide Revenue by Country (2016-2021)
Figure Europe Cemented Carbide Revenue Market Share by Country (2016-2021)
Figure Europe Cemented Carbide Market Share by Type in 2021
Figure Europe Cemented Carbide Market Share by Application in 2021
Figure Germany Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Germany Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure UK Cemented Carbide Sales and Growth Rate (2016-2021)
Figure UK Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure France Cemented Carbide Sales and Growth Rate (2016-2021)
Figure France Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Italy Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Italy Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Russia Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Russia Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Spain Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Spain Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Table Asia-Pacific Cemented Carbide Sales by Country (2016-2021)
Figure Asia-Pacific Cemented Carbide Sales Market Share by Country (2016-2021)
Table Asia-Pacific Cemented Carbide Revenue by Country (2016-2021)
Figure Asia-Pacific Cemented Carbide Revenue Market Share by Country (2016-2021)
Figure Asia-Pacific Cemented Carbide Market Share by Type in 2021
Figure Asia-Pacific Cemented Carbide Market Share by Application in 2021
Figure China Cemented Carbide Sales and Growth Rate (2016-2021)
Figure China Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Japan Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Japan Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Korea Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Korea Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure India Cemented Carbide Sales and Growth Rate (2016-2021)
Figure India Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Southeast Asia Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Southeast Asia Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Australia Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Australia Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Table South America Cemented Carbide Sales by Country (2016-2021)
Figure South America Cemented Carbide Sales Market Share by Country (2016-2021)
Table South America Cemented Carbide Revenue by Country (2016-2021)
Figure South America Cemented Carbide Revenue Market Share by Country (2016-2021)
Figure South America Cemented Carbide Market Share by Type in 2021
Figure South America Cemented Carbide Market Share by Application in 2021
Figure Brazil Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Brazil Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Argentina Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Argentina Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Colombia Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Colombia Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Table Middle East & Africa Cemented Carbide Sales by Country (2016-2021)
Figure Middle East & Africa Cemented Carbide Sales Market Share by Country (2016-2021)
Table Middle East & Africa Cemented Carbide Revenue by Country (2016-2021)
Figure Middle East & Africa Cemented Carbide Revenue Market Share by Country (2016-2021)
Figure Middle East & Africa Cemented Carbide Market Share by Type in 2021
Figure Middle East & Africa Cemented Carbide Market Share by Application in 2021
Figure UAE Cemented Carbide Sales and Growth Rate (2016-2021)
Figure UAE Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure Saudi Arabia Cemented Carbide Sales and Growth Rate (2016-2021)
Figure Saudi Arabia Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Figure South Africa Cemented Carbide Sales and Growth Rate (2016-2021)
Figure South Africa Cemented Carbide Revenue (Million $) and Growth Rate (2016-2021)
Table Company Snapshot of Sandvik
Table Cemented Carbide Introduction of Sandvik
Table Cemented Carbide Sales, Price, Revenue, Gross Margin and Market Share of Sandvik (2019-2021)
Table Industrial Chain of Cemented Carbide
Table Manufacturing Cost Structure of Cemented Carbide
Table General Manufacturing Process of Cemented Carbide
Table Leading Distributors/Dealers of Cemented Carbide
Table Leading Consumers of Cemented Carbide
Figure Global Cemented Carbide Sales and Growth Rate Forecast (2022-2030)
Figure Global Cemented Carbide Revenue and Growth Rate Forecast (2022-2030)
Table Global Cemented Carbide Market Size and CAGR Forecast by Region (2022-2030)
Table Global Cemented Carbide Market Size and CAGR Forecast by Type (2022-2030)
Table Global Cemented Carbide Market Size and CAGR Forecast by Application (2022-2030)
Table Global Cemented Carbide Market Size and CAGR Forecast by Sales Channel (2022-2030)
Research Methodology:
Cemented Carbide Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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