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Yahoo
17-06-2025
- Business
- Yahoo
Tungsten Carbide Powder Industry Report 2025: Asia Pacific Leads Growth in Demand - Global Market Analysis, Size, Share, Growth, Trends, and Forecast to 2032
The global tungsten carbide powder market is projected to grow at a CAGR of 6.10%, reaching US$ 27.4 Bn by 2032. Driven by rising demand in construction, aerospace, and defense, the market offers growth opportunities through additive manufacturing and sustainable practices. Key players include Ceratizit and Sandvik. Dublin, June 17, 2025 (GLOBE NEWSWIRE) -- The "Tungsten Carbide Powder Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2032 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)" report has been added to global tungsten carbide powder industry is on the cusp of significant transformation and expansion. A recently conducted market analysis reveals that the sector is poised to grow at a CAGR of 6.10% during the forecast period. The global market is projected to reach a valuation of US$ 18.1 Bn by 2025 and rise further to US$ 27.4 Bn by 2032. The demand surge is primarily attributed to the growing need for high-performance materials in industrial applications, especially in construction, transportation, aerospace, and defense carbide powder is a hard, dense material composed of tungsten and carbon, known for its exceptional hardness, high thermal conductivity, wear resistance, and thermal stability. It is extensively used in the manufacturing of cutting tools, dies, abrasives, mining tools, and various components used in high-stress industrial environments. The increasing global focus on infrastructure development, technological innovation, and sustainability is significantly shaping the outlook of the tungsten carbide powder economies are playing a crucial role in the rising demand for tungsten carbide powder, particularly driven by the rapid expansion of construction activities and robust industrial development. At the same time, advancements in additive manufacturing and powder production technologies are creating new possibilities for product innovation and market Market DriversOne of the primary growth drivers is the rising demand from key industrial sectors. Industries such as automotive, aerospace, oil & gas, and mining rely heavily on tungsten carbide powder for its strength and reliability. Its use in cutting tools, fuel injection systems, wear-resistant components, and aerospace applications has significantly development, especially in Asia Pacific and Latin America, is another major catalyst. Governments in these regions are heavily investing in building new roads, bridges, and public utilities, boosting the demand for reliable and long-lasting construction materials. This infrastructure boom is creating a stable and expanding market for tungsten carbide has also emerged as a vital factor driving growth. Manufacturers are actively exploring environmentally friendly production processes and are investing in the development of alternative raw materials to reduce carbon footprints. This shift towards green manufacturing practices is not only aligning with regulatory trends but also appealing to eco-conscious consumers and OpportunityThe global tungsten carbide powder market presents a variety of business opportunities for manufacturers, suppliers, and investors. The sector is witnessing increasing research and development efforts aimed at enhancing the quality, efficiency, and sustainability of tungsten carbide powder. As technological innovations continue to evolve, companies have the opportunity to develop specialized formulations to meet the needs of high-performance lucrative opportunity lies in the growing adoption of additive manufacturing, commonly known as 3D printing. Tungsten carbide's compatibility with 3D printing technologies is opening up new avenues in industries such as medical devices, aerospace, and precision engineering. By partnering with 3D printing companies and research institutions, tungsten carbide manufacturers can expand their applications and reach new customer increasing shift toward emerging economies also provides a strategic growth opportunity. Manufacturers establishing a strong presence in developing regions can benefit from the rising demand for durable and high-performance materials. Local partnerships, tailored product offerings, and capacity expansion in these regions can significantly boost business AnalysisThe Asia Pacific region is expected to lead the global tungsten carbide powder market, driven by robust industrial growth and expanding construction activities. Countries such as China, India, and South Korea are making large-scale investments in infrastructure and manufacturing, contributing significantly to market America, particularly the United States, is anticipated to witness steady growth due to its dominant aerospace and defense sectors. Increased military spending and ongoing advancements in aircraft manufacturing are fueling the demand for tungsten carbide is also likely to experience a positive outlook with increased demand from the automotive and mining industries, supported by stringent quality and environmental regulations encouraging the use of advanced materials like tungsten AnalysisThe tungsten carbide powder market is characterized by strong competition among global players. Companies are leveraging innovation, sustainability initiatives, and strategic partnerships to enhance their market instance, Sumitomo Electric Industries, Ltd. recently introduced a new line of tungsten carbide powder with improved wear resistance and thermal stability. This innovation is aimed at serving high-performance needs in automotive, aerospace, and construction notable development includes Hardide plc's launch of enhanced tungsten-based coatings for High-Velocity Oxy Fuel (HVOF) applications. The new coating significantly extends the operational life of spray nozzles and integrates smoothly with existing Laser Technologies (BLT) also demonstrated new additive manufacturing capabilities in tungsten carbide at TCT Asia. Their proprietary approach addresses common challenges in tungsten steel 3D printing, unlocking new design possibilities in precision tools and aerospace developments reflect the sector's ongoing evolution and highlight the importance of continuous innovation and technological integration in sustaining market ChallengesDespite its positive growth trajectory, the market does face a few challenges. Environmental and health concerns associated with tungsten carbide powder manufacturing and usage remain a significant restraint. The material is categorized as a possible human carcinogen, and prolonged exposure to its dust or fumes can impact worker the production process can generate hazardous waste and emissions, necessitating compliance with strict environmental regulations. This has compelled manufacturers to invest in safer production facilities and adopt more sustainable methods, thereby increasing operational chain disruptions and the limited availability of tungsten, the key raw material, can also hamper the market. Trade restrictions, geopolitical tensions, and mining constraints can affect the stable supply of tungsten, ultimately impacting production and pricing strategies. Key Players Ceratizit S.A. China Tungsten Online (Xiamen) Manu. & Sales Corp. Chongyi ZhangYuan Tungsten Co., Ltd Extramet Federal Carbide Company Guangdong Xianglu Tungsten Co., Ltd. H.C. Starck GmbH Japan New Metal Co., Ltd Kennametal Inc. Merck KGaA Nanchang Cemented Carbide Co., Ltd Reade International Corp. Sandvik AB Umicore Tungsten Carbide Powder Market Segmentation By End Use: Building & Construction Oil & Gas Transportation Mining Aerospace & Defense Others By Application: Mining Tools Cutting Tools Dies & Punching Abrasives Others By Region: North America Europe Asia Pacific Central & South America Middle East & Africa For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


The National
09-02-2025
- Sport
- The National
Elisa Longo Borghini secures second UAE Tour Woman title after ‘incredible' race for UAE Team ADQ
Lorena Wiebes rounded off the UAE Tour Women with an impressive third stage victory, but it was the UAE Team ADQ's Elisa Longo Borghini who walked away as the overall winner at the Abu Dhabi Breakwater on Sunday. Borghini finished safely in the bunch to maintain her overall lead that she secured in the penultimate stage on top Jebel Hafeet for her second UAE Tour title following her success in the inaugural event with Lidi Trek in 2023. 'The first time I was just representing Italy and now I was representing both Italy and UAE, and we are pretty proud of it because in the end it's our, let's say, home race,' Borghini said. 'From the beginning of the season the team made a clear call that we had to be fit for this race but coming here and winning the GC, being second [with teammate Silvia Persco], and also getting away with a sprint classification [Lara Gillispie in the Intermediate Sprint] and the team classification is something just incredible. 'It shows how committed we were and how strong we were throughout the four days.' Winning the UAE Tour for the second time in three years the Italian pointed out the pressure on the expectations riding for the host team. 'Pressure is also coming from the trust that you can do it, otherwise they will not put pressure on you, because if they don't believe in you, they are not going to put any pressure on you,' she said. Talking about the final stage, Long Borghini added: 'We hoped for a breakaway to go, but there was no chance, so we just had to do it, and we wanted to pull the sprint for Gillespie. 'We tried and also when you have the jersey sometimes it's also better to stay in the front and to be out of the troubles and in the end, I just help my teammates.' Having kicked off the season with a fantastic result, Borghini is confident of taking the momentum forward. 'Absolutely, starting with the right foot is always nice and for sure we start in the best way possible and it's also a big boost of motivation for the upcoming races,' the winner of the Giro d'Italia Women last year said. Wiebes followed up her wins in Stage 1 and 2 with a third stage victory with a strong finish from Sara Fiorin (Ceratizit) and Amalie Dideriksen (Cofidis) in a bunch finish. 'It's nice to finally win the last stage of the UAE Tour Women and the team worked very hard for it. It was chaotic in the last kilometres,' the Team SD Worx – Protime rider said. 'I lost the train, but I found my way out and I was able to sprint. I knew that it was mostly headwind towards the finish, so I didn't want to come too early to the front. 'I felt somebody on the right and that meant it was time for my final effort. I hit something with my right knee and my handlebar with 10km to go. 'For a few kilometres I had no power in my right leg. But then it was full adrenalin. It's really nice to start the season with three stage wins … for the team it's something we can build on for the rest of the year.' The finish was marred by a pile-up in the peloton on the flat 128km route that was flagged off at Fatima Bint Mubarak Ladies Academy on the outskirts of Abu Dhabi and travelled through the city to finish on the Breakwater. 1. Elisa Longo Borghini (UAE Team ADQ) 2. Silvia Persico (UAE Team ADQ) at 2'06' 3. Kimberley Le Court Pienaar (AG Insurance – Soudal Team) at 2'08' 1. Lorena Wiebes (Team SD Worx – Protime), 3 hrs 03 min 28 sec 2. Sara Fiorin (CERATIZIT – Pro Cycling Team) s.t. 3. Amalie Dideriksen (Cofidis Women Team) s.t.