The global Copper Tungsten market was valued at US$ 119.9 million in 2019 and it is expected to reach US$ 137.7 million by the end of 2026, growing at a CAGR of 5.7% during 2021-2026.
Copper–tungsten (tungsten–copper, CuW, or WCu) is a mixture of copper and tungsten. As copper and tungsten are not mutually soluble, the material is composed of distinct particles of one metal dispersed in a matrix of the other one. The microstructure is therefore rather a metal matrix composite instead of a true alloy. The material combines the properties of both metals, resulting in a material that is heat-resistant, ablation-resistant, highly thermally and electrically conductive, and easy to machine.
China is the largest consumer, who owned nearly 50% share in global consumption market in 2019. The follower is Europe, accounting for about 19% sales share in 2019.
In terms of types, WCu 70/30 type occupied the largest sales share of about 37% in 2019.
Based on the application, High Voltage Electrical Switch constitutes the largest application market for Copper Tungsten, accounting for about 38% of global share.
Global Copper Tungsten Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Copper Tungsten Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Sumitomo Electric, Advanced Technology & Materials, Plansee, Xi’an Huashan Tungsten Products, Mi-Tech Tungsten Metals, Hoso Metal, Chemetal Usa, Taizhou Huacheng, Baoji Hanz Metal Material Co., Ltd, American Elements, Mosten Alloy Co.,Ltd, Seunglim Electric Co.,Ltd, Shenyang Top New Material, Runchang New Materials and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-copper-tungsten-market-research-report
Segment by Type
- WCu 65/35
- WCu 70/30
- WCu 75/25
- WCu 80/20
- WCu 85/15
- WCu 90/10
Segment by Application
- High Voltage Electrical Switch
- Welding and EDM
- Electronic Packaging and Heat Sink
Table of Content:
1 Copper Tungsten Market Overview
2 Copper Tungsten Market Competition by Manufacturers
3 Copper Tungsten Retrospective Market Scenario by Region
4 Global Copper Tungsten Historic Market Analysis by Type
5 Global Copper Tungsten Historic Market Analysis by Application
6 Key Companies Profiled
7 Copper Tungsten Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Copper Tungsten Market Dynamics
10 Global Copper Tungsten Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta