Global Tungsten Carbide Powder (WC) Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Tungsten carbide powder (WC) is a fine powder composed of tungsten and carbon particles, usually produced through a high-temperature reaction between tungsten and carbon black. This powder is a key raw material for making tungsten carbide, a hard and durable material used in a variety of industrial applications. Tungsten carbide powder is a key ingredient in the production of carbide, cutting tools and wear-resistant parts due to its excellent hardness and wear resistance. The powder is typically mixed with a binder material and then sintered in a high-temperature process to form a solid tungsten carbide product. The resulting material is known for its toughness, high melting point and excellent mechanical properties, making it indispensable in industries such as metal processing, mining, drilling and machining, all of which require wear resistance and high performance Material.

According to WENKH research statistics, the global Tungsten Carbide Powder (WC) market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Tungsten Carbide Powder (WC) market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Tungsten Carbide Powder (WC) market is highly competitive, with key market players including Sandvik, Xiamen Tungsten, China Minmetals, Element Six, Jiangxi Yaosheng, GuangDong XiangLu Tungsten, Chongyi Zhangyyuan Tungsten, Plansee (GTP), JXTC, Japan New Metals, AST, Kohsei, ALMT, Kennametal, TaeguTec, H.C.Starck, Wolfram JSC, Buffalo Tungsten, ERAMET, Lineage Alloys, etc. This report categorizes the competitive landscape of the global Tungsten Carbide Powder (WC) market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Tungsten Carbide Powder (WC) market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Tungsten Carbide Powder (WC) industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Tungsten Carbide Powder (WC) and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Tungsten Carbide Powder (WC) in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Tungsten Carbide Powder (WC) market. By considering local policies, this report evaluates the market prospects of Tungsten Carbide Powder (WC) in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

Sandvik

Xiamen Tungsten

China Minmetals

Element Six

Jiangxi Yaosheng

GuangDong XiangLu Tungsten

Chongyi Zhangyyuan Tungsten

Plansee (GTP)

JXTC

Japan New Metals

AST

Kohsei

ALMT

Kennametal

TaeguTec

H.C.Starck

Wolfram JSC

Buffalo Tungsten

ERAMET

Lineage Alloys

Product Segment

Grain Sizes Below 1 µm

Grain Sizes 1-10 µm

Grain Sizes Above 10 µm

Product Application

Machine Tools & Components

Cutting Tools

Dies & Punches

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Tungsten Carbide Powder (WC) Industry Chain Analysis

Chapter 3: Global Tungsten Carbide Powder (WC) Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Tungsten Carbide Powder (WC) Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Tungsten Carbide Powder (WC) Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 7: Global Tungsten Carbide Powder (WC) Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 8: United States Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: China Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Germany Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Japan Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: France Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: South Korea Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: United Kingdom Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: India Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Italy Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Brazil Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Mexico Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Indonesia Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: Vietnam Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: South Africa Tungsten Carbide Powder (WC) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 22: Research Conclusion

Chapter 23: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.