APO RESEARCH · REPORT
Tungsten
Tungsten (CAS 7440-33-7) is very stable element, as pure metal, tungsten has not only the highest melting point of all metals (3,422 °C) and the lowest degree of thermal expansion, but it is also very dense (19.3 g/cm³), has a high degree of mechanical strength and rigidity and very low vapor pressure. Meanwhile, it has excellent corrosion resistance, thermal conductivity and electric conductivity.
Product & engineering
Understand the product.
Tungsten (CAS 7440-33-7) is very stable element, as pure metal, tungsten has not only the highest melting point of all metals (3,422 °C) and the lowest degree of thermal expansion, but it is also very dense (19.3 g/cm³), has a high degree of mechanical strength and rigidity and very low vapor pressure. Meanwhile, it has excellent corrosion resistance, thermal conductivity and electric conductivity.
Selected research
Industry Growth & Trends
Global Tungsten Industry Growth and Trends Forecast to 2032
Market perspective
Tungsten (CAS 7440-33-7) is very stable element, as pure metal, tungsten has not only the highest melting point of all metals (3,422 °C) and the lowest degree of thermal expansion, but it is also very dense (19.3 g/cm³), has a high degree of mechanical strength and rigidity and very low vapor pressure. Meanwhile, it has excellent corrosion resistance, thermal conductivity and electric conductivity.
China is the largest Tungsten (CAS 7440-33-7) market with about 62% market share. North America is follower, accounting for about 13% market share.
The key players are Xiamen Tungsten, Chongyi ZhangYuan Tungsten, GuangDong XiangLu Tungsten, Global Tungsten & Powders, China Tungsten & Hightech, JXTC, Japan New Metals, Jiangxi Yaosheng Tungsten, China Molybdenum, Ganzhou Haichuang Tungsten, Kennametal, A.L.M.T. Corp, Ganzhou Yatai Tungsten, Wolfram Company JSC, Treibacher Industrie, H.C. Starck, TaeguTec Ltd, Eurotungstene (Umicore), Buffalo Tungsten etc. Top 3 companies occupied about 40% market share.
Read the full market overview
Report Scope
This report provides a structured, data-driven view of the global Tungsten market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Tungsten market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Tungsten market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Tungsten.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Tungsten market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Tungsten Market by Company
Xiamen Tungsten
Chongyi ZhangYuan Tungsten
GuangDong XiangLu Tungsten
Global Tungsten & Powders
China Tungsten & Hightech
JXTC
Japan New Metals
Jiangxi Yaosheng Tungsten
China Molybdenum
Ganzhou Haichuang Tungsten
Kennametal
A.L.M.T. Corp
Ganzhou Yatai Tungsten
Wolfram Company JSC
Treibacher Industrie
H.C. Starck
TaeguTec Ltd
Eurotungstene (Umicore)
Buffalo Tungsten
Tungsten Segment by Type
Up to 1μm
1-10μm
10-50μm
Others
Tungsten Segment by Application
Cemented Carbide
Tungsten Mill Products
Steel and Alloy
Others
Tungsten Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Tungsten market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Tungsten and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Tungsten.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Tungsten manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Tungsten in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Up to 1μm
- 1-10μm
- 10-50μm
- Others
Applications
- Cemented Carbide
- Tungsten Mill Products
- Steel and Alloy
- Others
Companies covered
- Xiamen Tungsten
- Chongyi ZhangYuan Tungsten
- GuangDong XiangLu Tungsten
- Global Tungsten & Powders
- China Tungsten & Hightech
- JXTC
- Japan New Metals
- Jiangxi Yaosheng Tungsten
- China Molybdenum
- Ganzhou Haichuang Tungsten
- Kennametal
- A.L.M.T. Corp
- Ganzhou Yatai Tungsten
- Wolfram Company JSC
- Treibacher Industrie
- H.C. Starck
- TaeguTec Ltd
- Eurotungstene (Umicore)
- Buffalo Tungsten
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Tungsten Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Tungsten Sales Estimates and Forecasts (2021-2032)
- 1.3 Tungsten Market by Type
- 1.3.1 Up to 1μm
- 1.3.2 1-10μm
- 1.3.3 10-50μm
- 1.3.4 Others
- 1.4 Global Tungsten Market Size by Type
- 1.4.1 Global Tungsten Market Size Overview by Type (2021-2032)
- 1.4.2 Global Tungsten Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Tungsten Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Tungsten Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Tungsten Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Tungsten Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Tungsten Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Tungsten Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Tungsten Industry Trends
- 2.2 Tungsten Industry Drivers
- 2.3 Tungsten Industry Opportunities and Challenges
- 2.4 Tungsten Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Tungsten Revenue (2021-2026)
- 3.2 Global Top Players by Tungsten Sales (2021-2026)
- 3.3 Global Top Players by Tungsten Price (2021-2026)
- 3.4 Global Tungsten Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Tungsten Major Company Production Sites & Headquarters
- 3.6 Global Tungsten Company, Product Type & Application
- 3.7 Global Tungsten Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Tungsten Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Tungsten Players Market Share by Revenue in 2025
- 3.8.3 2025 Tungsten Tier 1, Tier 2, and Tier 3
4 Tungsten Regional Status and Outlook
- 4.1 Global Tungsten Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Tungsten Historic Market Size by Region
- 4.2.1 Global Tungsten Sales in Volume by Region (2021-2026)
- 4.2.2 Global Tungsten Sales in Value by Region (2021-2026)
- 4.2.3 Global Tungsten Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Tungsten Forecasted Market Size by Region
- 4.3.1 Global Tungsten Sales in Volume by Region (2027-2032)
- 4.3.2 Global Tungsten Sales in Value by Region (2027-2032)
- 4.3.3 Global Tungsten Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Tungsten by Application
- 5.1 Tungsten Market by Application
- 5.1.1 Cemented Carbide
- 5.1.2 Tungsten Mill Products
- 5.1.3 Steel and Alloy
- 5.1.4 Others
- 5.2 Global Tungsten Market Size by Application
- 5.2.1 Global Tungsten Market Size Overview by Application (2021-2032)
- 5.2.2 Global Tungsten Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Tungsten Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Tungsten Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Tungsten Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Tungsten Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Tungsten Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Tungsten Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Xiamen Tungsten
- 6.1.1 Xiamen Tungsten Company Information
- 6.1.2 Xiamen Tungsten Business Overview
- 6.1.3 Xiamen Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Xiamen Tungsten Tungsten Product Portfolio
- 6.1.5 Xiamen Tungsten Recent Developments
- 6.2 Chongyi ZhangYuan Tungsten
- 6.2.1 Chongyi ZhangYuan Tungsten Company Information
- 6.2.2 Chongyi ZhangYuan Tungsten Business Overview
- 6.2.3 Chongyi ZhangYuan Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Chongyi ZhangYuan Tungsten Tungsten Product Portfolio
- 6.2.5 Chongyi ZhangYuan Tungsten Recent Developments
- 6.3 GuangDong XiangLu Tungsten
- 6.3.1 GuangDong XiangLu Tungsten Company Information
- 6.3.2 GuangDong XiangLu Tungsten Business Overview
- 6.3.3 GuangDong XiangLu Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 GuangDong XiangLu Tungsten Tungsten Product Portfolio
- 6.3.5 GuangDong XiangLu Tungsten Recent Developments
- 6.4 Global Tungsten & Powders
- 6.4.1 Global Tungsten & Powders Company Information
- 6.4.2 Global Tungsten & Powders Business Overview
- 6.4.3 Global Tungsten & Powders Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Global Tungsten & Powders Tungsten Product Portfolio
- 6.4.5 Global Tungsten & Powders Recent Developments
- 6.5 China Tungsten & Hightech
- 6.5.1 China Tungsten & Hightech Company Information
- 6.5.2 China Tungsten & Hightech Business Overview
- 6.5.3 China Tungsten & Hightech Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 China Tungsten & Hightech Tungsten Product Portfolio
- 6.5.5 China Tungsten & Hightech Recent Developments
- 6.6 JXTC
- 6.6.1 JXTC Company Information
- 6.6.2 JXTC Business Overview
- 6.6.3 JXTC Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 JXTC Tungsten Product Portfolio
- 6.6.5 JXTC Recent Developments
- 6.7 Japan New Metals
- 6.7.1 Japan New Metals Company Information
- 6.7.2 Japan New Metals Business Overview
- 6.7.3 Japan New Metals Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Japan New Metals Tungsten Product Portfolio
- 6.7.5 Japan New Metals Recent Developments
- 6.8 Jiangxi Yaosheng Tungsten
- 6.8.1 Jiangxi Yaosheng Tungsten Company Information
- 6.8.2 Jiangxi Yaosheng Tungsten Business Overview
- 6.8.3 Jiangxi Yaosheng Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Jiangxi Yaosheng Tungsten Tungsten Product Portfolio
- 6.8.5 Jiangxi Yaosheng Tungsten Recent Developments
- 6.9 China Molybdenum
- 6.9.1 China Molybdenum Company Information
- 6.9.2 China Molybdenum Business Overview
- 6.9.3 China Molybdenum Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 China Molybdenum Tungsten Product Portfolio
- 6.9.5 China Molybdenum Recent Developments
- 6.10 Ganzhou Haichuang Tungsten
- 6.10.1 Ganzhou Haichuang Tungsten Company Information
- 6.10.2 Ganzhou Haichuang Tungsten Business Overview
- 6.10.3 Ganzhou Haichuang Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Ganzhou Haichuang Tungsten Tungsten Product Portfolio
- 6.10.5 Ganzhou Haichuang Tungsten Recent Developments
- 6.11 Kennametal
- 6.11.1 Kennametal Company Information
- 6.11.2 Kennametal Business Overview
- 6.11.3 Kennametal Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Kennametal Tungsten Product Portfolio
- 6.11.5 Kennametal Recent Developments
- 6.12 A.L.M.T. Corp
- 6.12.1 A.L.M.T. Corp Company Information
- 6.12.2 A.L.M.T. Corp Business Overview
- 6.12.3 A.L.M.T. Corp Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 A.L.M.T. Corp Tungsten Product Portfolio
- 6.12.5 A.L.M.T. Corp Recent Developments
- 6.13 Ganzhou Yatai Tungsten
- 6.13.1 Ganzhou Yatai Tungsten Company Information
- 6.13.2 Ganzhou Yatai Tungsten Business Overview
- 6.13.3 Ganzhou Yatai Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Ganzhou Yatai Tungsten Tungsten Product Portfolio
- 6.13.5 Ganzhou Yatai Tungsten Recent Developments
- 6.14 Wolfram Company JSC
- 6.14.1 Wolfram Company JSC Company Information
- 6.14.2 Wolfram Company JSC Business Overview
- 6.14.3 Wolfram Company JSC Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Wolfram Company JSC Tungsten Product Portfolio
- 6.14.5 Wolfram Company JSC Recent Developments
- 6.15 Treibacher Industrie
- 6.15.1 Treibacher Industrie Company Information
- 6.15.2 Treibacher Industrie Business Overview
- 6.15.3 Treibacher Industrie Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Treibacher Industrie Tungsten Product Portfolio
- 6.15.5 Treibacher Industrie Recent Developments
- 6.16 H.C. Starck
- 6.16.1 H.C. Starck Company Information
- 6.16.2 H.C. Starck Business Overview
- 6.16.3 H.C. Starck Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 H.C. Starck Tungsten Product Portfolio
- 6.16.5 H.C. Starck Recent Developments
- 6.17 TaeguTec Ltd
- 6.17.1 TaeguTec Ltd Company Information
- 6.17.2 TaeguTec Ltd Business Overview
- 6.17.3 TaeguTec Ltd Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 TaeguTec Ltd Tungsten Product Portfolio
- 6.17.5 TaeguTec Ltd Recent Developments
- 6.18 Eurotungstene (Umicore)
- 6.18.1 Eurotungstene (Umicore) Company Information
- 6.18.2 Eurotungstene (Umicore) Business Overview
- 6.18.3 Eurotungstene (Umicore) Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Eurotungstene (Umicore) Tungsten Product Portfolio
- 6.18.5 Eurotungstene (Umicore) Recent Developments
- 6.19 Buffalo Tungsten
- 6.19.1 Buffalo Tungsten Company Information
- 6.19.2 Buffalo Tungsten Business Overview
- 6.19.3 Buffalo Tungsten Tungsten Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 Buffalo Tungsten Tungsten Product Portfolio
- 6.19.5 Buffalo Tungsten Recent Developments
7 North America by Country
- 7.1 North America Tungsten Sales by Country
- 7.1.1 North America Tungsten Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Tungsten Sales by Country (2021-2026)
- 7.1.3 North America Tungsten Sales Forecast by Country (2027-2032)
- 7.2 North America Tungsten Market Size by Country
- 7.2.1 North America Tungsten Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Tungsten Market Size by Country (2021-2026)
- 7.2.3 North America Tungsten Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Tungsten Sales by Country
- 8.1.1 Europe Tungsten Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Tungsten Sales by Country (2021-2026)
- 8.1.3 Europe Tungsten Sales Forecast by Country (2027-2032)
- 8.2 Europe Tungsten Market Size by Country
- 8.2.1 Europe Tungsten Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Tungsten Market Size by Country (2021-2026)
- 8.2.3 Europe Tungsten Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Tungsten Sales by Country
- 9.1.1 Asia-Pacific Tungsten Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Tungsten Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Tungsten Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Tungsten Market Size by Country
- 9.2.1 Asia-Pacific Tungsten Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Tungsten Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Tungsten Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Tungsten Sales by Country
- 10.1.1 South America Tungsten Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Tungsten Sales by Country (2021-2026)
- 10.1.3 South America Tungsten Sales Forecast by Country (2027-2032)
- 10.2 South America Tungsten Market Size by Country
- 10.2.1 South America Tungsten Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Tungsten Market Size by Country (2021-2026)
- 10.2.3 South America Tungsten Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Tungsten Sales by Country
- 11.1.1 Middle East and Africa Tungsten Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Tungsten Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Tungsten Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Tungsten Market Size by Country
- 11.2.1 Middle East and Africa Tungsten Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Tungsten Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Tungsten Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Tungsten Value Chain Analysis
- 12.1.1 Tungsten Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Tungsten Production Mode & Process
- 12.2 Tungsten Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Tungsten Distributors
- 12.2.3 Tungsten Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst