High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The global Tungsten Carbide Tool market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Tungsten Carbide Tool is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The China market for Tungsten Carbide Tool is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The Europe market for Tungsten Carbide Tool is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The global key manufacturers of Tungsten Carbide Tool include Mitsubishi Materials Corporation, Rock River Tool, Advent Tool & Manufacturing, PROMAX Tools, Garr Tool, Tunco Manufacturing, Ingersoll Cutting Tool Company, Best Carbide Cutting Tools and Vora Industries, etc. In 2023, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Tungsten Carbide Tool production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Tungsten Carbide Tool by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for Tungsten Carbide Tool, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Tungsten Carbide Tool, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Tungsten Carbide Tool, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Tungsten Carbide Tool sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Tungsten Carbide Tool market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Tungsten Carbide Tool sales, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Mitsubishi Materials Corporation
Rock River Tool
Advent Tool & Manufacturing
PROMAX Tools
Garr Tool
Tunco Manufacturing
Ingersoll Cutting Tool Company
Best Carbide Cutting Tools
Vora Industries
CERATIZIT
SGS Tool
Sandvic
Segment by Type
Steel-grade Carbides
Cast-iron Carbides
Segment by Application
Cutting
Chamfering
Drilling
Engraving
Grooving
Other
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Tungsten Carbide Tool production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Tungsten Carbide Tool in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Tungsten Carbide Tool manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Tungsten Carbide Tool sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
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1 Study Coverage
1.1 Tungsten Carbide Tool Product Introduction
1.2 Market by Type
1.2.1 Global Tungsten Carbide Tool Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Steel-grade Carbides
1.2.3 Cast-iron Carbides
1.3 Market by Application
1.3.1 Global Tungsten Carbide Tool Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Cutting
1.3.3 Chamfering
1.3.4 Drilling
1.3.5 Engraving
1.3.6 Grooving
1.3.7 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Tungsten Carbide Tool Production
2.1 Global Tungsten Carbide Tool Production Capacity (2019-2030)
2.2 Global Tungsten Carbide Tool Production by Region: 2019 VS 2023 VS 2030
2.3 Global Tungsten Carbide Tool Production by Region
2.3.1 Global Tungsten Carbide Tool Historic Production by Region (2019-2024)
2.3.2 Global Tungsten Carbide Tool Forecasted Production by Region (2025-2030)
2.3.3 Global Tungsten Carbide Tool Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Tungsten Carbide Tool Revenue Estimates and Forecasts 2019-2030
3.2 Global Tungsten Carbide Tool Revenue by Region
3.2.1 Global Tungsten Carbide Tool Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Tungsten Carbide Tool Revenue by Region (2019-2024)
3.2.3 Global Tungsten Carbide Tool Revenue by Region (2025-2030)
3.2.4 Global Tungsten Carbide Tool Revenue Market Share by Region (2019-2030)
3.3 Global Tungsten Carbide Tool Sales Estimates and Forecasts 2019-2030
3.4 Global Tungsten Carbide Tool Sales by Region
3.4.1 Global Tungsten Carbide Tool Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Tungsten Carbide Tool Sales by Region (2019-2024)
3.4.3 Global Tungsten Carbide Tool Sales by Region (2025-2030)
3.4.4 Global Tungsten Carbide Tool Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Tungsten Carbide Tool Sales by Manufacturers
4.1.1 Global Tungsten Carbide Tool Sales by Manufacturers (2019-2024)
4.1.2 Global Tungsten Carbide Tool Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Tungsten Carbide Tool in 2023
4.2 Global Tungsten Carbide Tool Revenue by Manufacturers
4.2.1 Global Tungsten Carbide Tool Revenue by Manufacturers (2019-2024)
4.2.2 Global Tungsten Carbide Tool Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Tungsten Carbide Tool Revenue in 2023
4.3 Global Tungsten Carbide Tool Sales Price by Manufacturers
4.4 Global Key Players of Tungsten Carbide Tool, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Tungsten Carbide Tool Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Tungsten Carbide Tool, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Tungsten Carbide Tool, Product Offered and Application
4.8 Global Key Manufacturers of Tungsten Carbide Tool, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Tungsten Carbide Tool Sales by Type
5.1.1 Global Tungsten Carbide Tool Historical Sales by Type (2019-2024)
5.1.2 Global Tungsten Carbide Tool Forecasted Sales by Type (2025-2030)
5.1.3 Global Tungsten Carbide Tool Sales Market Share by Type (2019-2030)
5.2 Global Tungsten Carbide Tool Revenue by Type
5.2.1 Global Tungsten Carbide Tool Historical Revenue by Type (2019-2024)
5.2.2 Global Tungsten Carbide Tool Forecasted Revenue by Type (2025-2030)
5.2.3 Global Tungsten Carbide Tool Revenue Market Share by Type (2019-2030)
5.3 Global Tungsten Carbide Tool Price by Type
5.3.1 Global Tungsten Carbide Tool Price by Type (2019-2024)
5.3.2 Global Tungsten Carbide Tool Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Tungsten Carbide Tool Sales by Application
6.1.1 Global Tungsten Carbide Tool Historical Sales by Application (2019-2024)
6.1.2 Global Tungsten Carbide Tool Forecasted Sales by Application (2025-2030)
6.1.3 Global Tungsten Carbide Tool Sales Market Share by Application (2019-2030)
6.2 Global Tungsten Carbide Tool Revenue by Application
6.2.1 Global Tungsten Carbide Tool Historical Revenue by Application (2019-2024)
6.2.2 Global Tungsten Carbide Tool Forecasted Revenue by Application (2025-2030)
6.2.3 Global Tungsten Carbide Tool Revenue Market Share by Application (2019-2030)
6.3 Global Tungsten Carbide Tool Price by Application
6.3.1 Global Tungsten Carbide Tool Price by Application (2019-2024)
6.3.2 Global Tungsten Carbide Tool Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Tungsten Carbide Tool Market Size by Type
7.1.1 US & Canada Tungsten Carbide Tool Sales by Type (2019-2030)
7.1.2 US & Canada Tungsten Carbide Tool Revenue by Type (2019-2030)
7.2 US & Canada Tungsten Carbide Tool Market Size by Application
7.2.1 US & Canada Tungsten Carbide Tool Sales by Application (2019-2030)
7.2.2 US & Canada Tungsten Carbide Tool Revenue by Application (2019-2030)
7.3 US & Canada Tungsten Carbide Tool Sales by Country
7.3.1 US & Canada Tungsten Carbide Tool Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Tungsten Carbide Tool Sales by Country (2019-2030)
7.3.3 US & Canada Tungsten Carbide Tool Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Tungsten Carbide Tool Market Size by Type
8.1.1 Europe Tungsten Carbide Tool Sales by Type (2019-2030)
8.1.2 Europe Tungsten Carbide Tool Revenue by Type (2019-2030)
8.2 Europe Tungsten Carbide Tool Market Size by Application
8.2.1 Europe Tungsten Carbide Tool Sales by Application (2019-2030)
8.2.2 Europe Tungsten Carbide Tool Revenue by Application (2019-2030)
8.3 Europe Tungsten Carbide Tool Sales by Country
8.3.1 Europe Tungsten Carbide Tool Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Tungsten Carbide Tool Sales by Country (2019-2030)
8.3.3 Europe Tungsten Carbide Tool Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Tungsten Carbide Tool Market Size by Type
9.1.1 China Tungsten Carbide Tool Sales by Type (2019-2030)
9.1.2 China Tungsten Carbide Tool Revenue by Type (2019-2030)
9.2 China Tungsten Carbide Tool Market Size by Application
9.2.1 China Tungsten Carbide Tool Sales by Application (2019-2030)
9.2.2 China Tungsten Carbide Tool Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Tungsten Carbide Tool Market Size by Type
10.1.1 Asia Tungsten Carbide Tool Sales by Type (2019-2030)
10.1.2 Asia Tungsten Carbide Tool Revenue by Type (2019-2030)
10.2 Asia Tungsten Carbide Tool Market Size by Application
10.2.1 Asia Tungsten Carbide Tool Sales by Application (2019-2030)
10.2.2 Asia Tungsten Carbide Tool Revenue by Application (2019-2030)
10.3 Asia Tungsten Carbide Tool Sales by Region
10.3.1 Asia Tungsten Carbide Tool Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Tungsten Carbide Tool Revenue by Region (2019-2030)
10.3.3 Asia Tungsten Carbide Tool Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Tungsten Carbide Tool Market Size by Type
11.1.1 Middle East, Africa and Latin America Tungsten Carbide Tool Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Tungsten Carbide Tool Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Tungsten Carbide Tool Market Size by Application
11.2.1 Middle East, Africa and Latin America Tungsten Carbide Tool Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Tungsten Carbide Tool Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Tungsten Carbide Tool Sales by Country
11.3.1 Middle East, Africa and Latin America Tungsten Carbide Tool Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Tungsten Carbide Tool Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Tungsten Carbide Tool Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Mitsubishi Materials Corporation
12.1.1 Mitsubishi Materials Corporation Company Information
12.1.2 Mitsubishi Materials Corporation Overview
12.1.3 Mitsubishi Materials Corporation Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Mitsubishi Materials Corporation Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Mitsubishi Materials Corporation Recent Developments
12.2 Rock River Tool
12.2.1 Rock River Tool Company Information
12.2.2 Rock River Tool Overview
12.2.3 Rock River Tool Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Rock River Tool Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Rock River Tool Recent Developments
12.3 Advent Tool & Manufacturing
12.3.1 Advent Tool & Manufacturing Company Information
12.3.2 Advent Tool & Manufacturing Overview
12.3.3 Advent Tool & Manufacturing Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Advent Tool & Manufacturing Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Advent Tool & Manufacturing Recent Developments
12.4 PROMAX Tools
12.4.1 PROMAX Tools Company Information
12.4.2 PROMAX Tools Overview
12.4.3 PROMAX Tools Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 PROMAX Tools Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 PROMAX Tools Recent Developments
12.5 Garr Tool
12.5.1 Garr Tool Company Information
12.5.2 Garr Tool Overview
12.5.3 Garr Tool Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Garr Tool Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Garr Tool Recent Developments
12.6 Tunco Manufacturing
12.6.1 Tunco Manufacturing Company Information
12.6.2 Tunco Manufacturing Overview
12.6.3 Tunco Manufacturing Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Tunco Manufacturing Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Tunco Manufacturing Recent Developments
12.7 Ingersoll Cutting Tool Company
12.7.1 Ingersoll Cutting Tool Company Company Information
12.7.2 Ingersoll Cutting Tool Company Overview
12.7.3 Ingersoll Cutting Tool Company Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Ingersoll Cutting Tool Company Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Ingersoll Cutting Tool Company Recent Developments
12.8 Best Carbide Cutting Tools
12.8.1 Best Carbide Cutting Tools Company Information
12.8.2 Best Carbide Cutting Tools Overview
12.8.3 Best Carbide Cutting Tools Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Best Carbide Cutting Tools Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Best Carbide Cutting Tools Recent Developments
12.9 Vora Industries
12.9.1 Vora Industries Company Information
12.9.2 Vora Industries Overview
12.9.3 Vora Industries Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Vora Industries Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Vora Industries Recent Developments
12.10 CERATIZIT
12.10.1 CERATIZIT Company Information
12.10.2 CERATIZIT Overview
12.10.3 CERATIZIT Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 CERATIZIT Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 CERATIZIT Recent Developments
12.11 SGS Tool
12.11.1 SGS Tool Company Information
12.11.2 SGS Tool Overview
12.11.3 SGS Tool Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 SGS Tool Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 SGS Tool Recent Developments
12.12 Sandvic
12.12.1 Sandvic Company Information
12.12.2 Sandvic Overview
12.12.3 Sandvic Tungsten Carbide Tool Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 Sandvic Tungsten Carbide Tool Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 Sandvic Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Tungsten Carbide Tool Industry Chain Analysis
13.2 Tungsten Carbide Tool Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Tungsten Carbide Tool Production Mode & Process
13.4 Tungsten Carbide Tool Sales and Marketing
13.4.1 Tungsten Carbide Tool Sales Channels
13.4.2 Tungsten Carbide Tool Distributors
13.5 Tungsten Carbide Tool Customers
14 Tungsten Carbide Tool Market Dynamics
14.1 Tungsten Carbide Tool Industry Trends
14.2 Tungsten Carbide Tool Market Drivers
14.3 Tungsten Carbide Tool Market Challenges
14.4 Tungsten Carbide Tool Market Restraints
15 Key Finding in The Global Tungsten Carbide Tool Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
Mitsubishi Materials Corporation
Rock River Tool
Advent Tool & Manufacturing
PROMAX Tools
Garr Tool
Tunco Manufacturing
Ingersoll Cutting Tool Company
Best Carbide Cutting Tools
Vora Industries
CERATIZIT
SGS Tool
Sandvic
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*If Applicable.