Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Sale
Global Tungsten Wire Market: By Purity: Pure, Alloyed; By Type: Graphite, Thoriated, Rhenium, Gold Plated, Platinum Plated, Others; By Application: Automotive, Aerospace and Defence, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Tungsten Wire Market Outlook
The global tungsten wire market is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.
Increasing Demand in the Medical Sector to Augment the Tungsten Wire Industry Growth
Based on application, the medical segment accounts for a significant share in the tungsten wire industry. This can be attributed to the increasing utilisation of surgical robots in the medical industry. Within the medical sector, surgical robots are anticipated to witness a robust demand. Tungsten wire is used in surgical robots for several reasons like wrist/elbow mechanism and arm movement, among others. Moreover, tungsten wire can play the role of a substitute for steel wires that are used in surgical robot arms. Furthermore, tungsten wires ensure the long life of surgical robots owing to the wires’ low risk of thermal stress. This is contributing to the growth of the medical applications of tungsten wire.
The Asia Pacific to Provide Enhanced Growth Opportunities to the Tungsten Wire Industry
Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the presence of vast reserves of tungsten powder in the region. Moreover, the rapidly growing medical industry in the region is likely to shoot up the demand for tungsten powder as it finds many applications in the industry. For instance, tungsten wires are used in x-ray machines because of its high melting point and high density. Furthermore, a common trend being observed in the region is the development of economical and customised tungsten wire.
Tungsten Wire: Industry Definition and Segmentation
Tungsten is a rare metal that has the highest melting point among all the elements that have ever been discovered. Tungsten wire possesses great value in the medical industry. This can be attributed to its applications like neural probing and brain stimulation. Moreover, tungsten wire acts as an economical substitute to many refractory metals in case of steerable guide wires, owing to its high tensile strength.
By purity, the market is divided into:
- Pure
- Alloyed
Based on type, the industry can be segmented into:
- Graphite
- Thoriated
- Rhenium
- Gold Plated
- Platinum Plated
- Others
The market is divided based on application into:
- Automotive
- Aerospace and Defence
- Electronics and Semiconductors
- Energy
- Manufacturing
- Medical
- Mining and Construction
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Demand from Downstream Markets to Bolster the Growth of the Tungsten Wire Industry
Tungsten wire has a wide range applications in several industries, including automotive, electronics and semiconductors, medical, and others. It is widely used in lamps, heaters, electrodes, and printers. Moreover, filaments made of tungsten are used as ultrahigh temperature halogen lamps and as thermionic emitters. Furthermore, tungsten sheets and plates are used in heaters, heat spreaders, sintering boats, spacers, weights, and various types of jigs and tools. In addition, tungsten sheets are used during the production of sintering boats due to their fine cutting, blending, and sputtering abilities. Hence, increasing demand for tungsten from all these application sectors is expected to be a key driver for the market. Over the forecast period, the adoption of advanced technology is anticipated to drive the growth of the tungsten wire industry. The recent developments like the scanning electron microscope technology can go a long way in development of the industry as a whole.
Key Industry Players in the Global Tungsten Wire Market
The report gives a detailed analysis of the following key players in the global tungsten wire market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Luma Metall AB
- Sumitomo Electric Industries, Ltd.
- Nippon Tungsten Co., Ltd.
- Tungsram Operations, Ltd.
- Metal Cutting Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Tungsten Wire Market Analysis
8.1 Key Industry Highlights
8.2 Global Tungsten Wire Historical Market (2016-2020)
8.3 Global Tungsten Wire Market Forecast (2021-2026)
8.4 Global Tungsten Wire Market by Purity
8.4.1 Pure
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Alloyed
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Tungsten Wire Market by Type
8.5.1 Graphite
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Thoriated
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Rhenium
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Gold Plated
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Platinum Plated
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Others
8.6 Global Tungsten Wire Market by Application
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Aerospace and Defence
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Electronics and Semiconductors
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Energy
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Manufacturing
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2016-2020)
8.6.5.3 Forecast Trend (2021-2026)
8.6.6 Medical
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2016-2020)
8.6.6.3 Forecast Trend (2021-2026)
8.6.7 Mining and Construction
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2016-2020)
8.6.7.3 Forecast Trend (2021-2026)
8.6.8 Others
8.7 Global Tungsten Wire Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Exporting Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Luma Metall AB
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Sumitomo Electric Industries, Ltd
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Nippon Tungsten Co., Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Tungsram Operations Ltd
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Metal Cutting Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Tungsten Wire Market: Key Industry Highlights, 2016 and 2026
2. Global Tungsten Wire Historical Market: Breakup by Purity (USD Billion), 2016-2020
3. Global Tungsten Wire Market Forecast: Breakup by Purity (USD Billion), 2021-2026
4. Global Tungsten Wire Historical Market: Breakup by Type (USD Billion), 2016-2020
5. Global Tungsten Wire Market Forecast: Breakup by Type (USD Billion), 2021-2026
6. Global Tungsten Wire Historical Market: Breakup by Application (USD Billion), 2016-2020
7. Global Tungsten Wire Market Forecast: Breakup by Application (USD Billion), 2021-2026
8. Global Tungsten Wire Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Tungsten Wire Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Tungsten Wire Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Tungsten Wire Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Tungsten Wire Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Tungsten Wire Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Tungsten Wire Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Tungsten Wire Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Tungsten Wire Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Tungsten Wire Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Tungsten Wire Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Tungsten Wire Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Major Importing Countries by Volume (2020)
21. Major Exporting Countries by Volume (2020)
22. Major Importing Countries by Value (2020)
23. Major Exporting Countries by Value (2020)
24. North America Historical Price Trends and Forecast 2016-2026
25. Europe Historical Price Trends and Forecast 2016-2026
26. Asia Pacific Historical Price Trends and Forecast 2016-2026
27. Latin America Historical Price Trends and Forecast 2016-2026
28. Middle East and Africa Historical Price Trends and Forecast 2016-2026
29. Global Tungsten Wire Market Structure
Purchase Options
Call us on
Purchase Full Report
Mini Report
$ 1999
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$3199$2499-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$4199$3499-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$5199$4499-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar ReportsUnited States LED Lighting Market Size, Share, Growth, Analysis 2021-2026
The global power over ethernet lighting industry reached a value of about USD 342 million in 2020. The industry is further expected to grow at a CAGR of about 33% in the forecast period of 2021-2026 t...
The global lighting market reached a value of about USD 106 billion in 2020. The market is further expected to grow at a CAGR of 5.5% in the forecast period of 2021-2026 to reach a value of approximat...
The Indian LED lighting market reached a value of USD 2.5 billion in 2020. The market is further expected to grow at a CAGR of more than 30% to reach a value of approximately USD 12 billion by 2026.
The global LED street light market size was around USD 8 billion in 2020. The market is further projected to grow at a CAGR of 26.3% over the forecast period of 2021-2026.
NEWSLETTER