May 23, 2018   SOURCE: BusinessWire

Global Tungsten Market 2018-2022 - Vast Reserves of Tungsten Ores in China - ResearchAndMarkets.com

The "Global Tungsten Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global tungsten market is projected to grow at a CAGR of 5.51% during the period 2018-2022.

The report 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 miniaturization of electronic components. With the growing demand for mini devices and small-sized portable devices including smartphones, electronic components such as the ICs are increasingly being miniaturized. Several advances in semiconductors and the increasing shift to ICs has encouraged manufacturers to produce small electro-mechanical components.

According to the report, one driver in the market is vast reserves of tungsten ores in China. With over 75% of the global tungsten output, China is one of the key producers across the globe. Furthermore, the country ranks first with over 1,900,000 metric tons of reserves and is considered as the largest producer, exporter, and consumer of tungsten.

Further, the report states that one challenge in the market is stringent environmental and safety regulations. Ingestion of Tungsten metal or carbide through air, water, or food causes lungs diseases and carcinogenic health issues. The areas around tungsten mines, tungsten production industries, and natural deposits have high levels of tungsten in the air and water.

Key Vendors

  • Almonty
  • China Molybdenum
  • Wolf Minerals
  • Wolframcompany
  • Xiamen Tungsten
  • Chongyi ZhangYuan Tungsten

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/ztzt3z/global_tungsten?w=4