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Table of Figures
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Description
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Table of Contents
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Table of Figures
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Related Reports
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Description
The global market for Tungsten Carbide Composite Rods was valued at US$ 1200 million in the year 2024 and is projected to reach a revised size of US$ 1689 million by 2031, growing at a CAGR of 5.0% during the forecast period.
Tungsten carbide composite rods are high-performance materials made by combining tungsten carbide (WC) with a binder metal, such as cobalt (Co), nickel (Ni), or iron (Fe). These rods are designed to offer superior hardness, wear resistance, and toughness, making them ideal for applications that require durability in harsh conditions.
Tungsten Carbide Composite Rods Market Size(US$)
M= millions and B=billions
North American market for Tungsten Carbide Composite Rods is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Tungsten Carbide Composite Rods is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Tungsten Carbide Composite Rods include Kennametal Inc., Sandvik AB, Element Six, Mitsubishi Materials Corporation, TaeguTec Ltd., KoneCarbide, Global Tungsten & Powders Corp., Zhuzhou Up Cemented Carbide Co.,Ltd, Lineage Metalurgical LLC, Cutting & Wear, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Tungsten Carbide Composite Rods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tungsten Carbide Composite Rods.
The Tungsten Carbide Composite Rods market size, estimations, and forecasts are provided in terms of output/shipments (K Meter) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Tungsten Carbide Composite Rods market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tungsten Carbide Composite Rods manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Report Metric
Details
Report Title
Global Tungsten Carbide Composite Rods Market Research Report 2025
Forecasted Market Size in 2031
US$ 1689 million
CAGR(2025-2031)
5%
Market Size Available for Years
2020-2031
Global Tungsten Carbide Composite Rods Companies Covered
Kennametal Inc., Sandvik AB, Element Six, Mitsubishi Materials Corporation, TaeguTec Ltd., KoneCarbide, Global Tungsten & Powders Corp., Zhuzhou Up Cemented Carbide Co.,Ltd, Lineage Metalurgical LLC, Cutting & Wear, Dynalloy Industries, Durametal-alloy, BETTER OIL TOOLS, Zhuzhou Tony Carbide Co., Ltd.
Global Tungsten Carbide Composite Rods Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tungsten Carbide Composite Rods Market, Segment by Type
Global Tungsten Carbide Composite Rods Market, Segment by Application
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Tungsten Carbide Composite Rods manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tungsten Carbide Composite Rods by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Tungsten Carbide Composite Rods in 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Table of Contents
1 Tungsten Carbide Composite Rods Market Overview
1.1 Product Definition
1.2 Tungsten Carbide Composite Rods by Type
1.2.1 Global Tungsten Carbide Composite Rods Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Polished
1.2.3 Rough
1.3 Tungsten Carbide Composite Rods by Application
1.3.1 Global Tungsten Carbide Composite Rods Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Mining
1.3.3 Oil & Gas
1.3.4 Aerospace
1.3.5 Automotive
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Tungsten Carbide Composite Rods Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Tungsten Carbide Composite Rods Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Tungsten Carbide Composite Rods Production Estimates and Forecasts (2020-2031)
1.4.4 Global Tungsten Carbide Composite Rods Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Tungsten Carbide Composite Rods Production Market Share by Manufacturers (2020-2025)
2.2 Global Tungsten Carbide Composite Rods Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Tungsten Carbide Composite Rods, Industry Ranking, 2023 VS 2024
2.4 Global Tungsten Carbide Composite Rods Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Tungsten Carbide Composite Rods Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Tungsten Carbide Composite Rods, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Tungsten Carbide Composite Rods, Product Offered and Application
2.8 Global Key Manufacturers of Tungsten Carbide Composite Rods, Date of Enter into This Industry
2.9 Tungsten Carbide Composite Rods Market Competitive Situation and Trends
2.9.1 Tungsten Carbide Composite Rods Market Concentration Rate
2.9.2 Global 5 and 10 Largest Tungsten Carbide Composite Rods Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Tungsten Carbide Composite Rods Production by Region
3.1 Global Tungsten Carbide Composite Rods Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Tungsten Carbide Composite Rods Production Value by Region (2020-2031)
3.2.1 Global Tungsten Carbide Composite Rods Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Tungsten Carbide Composite Rods by Region (2026-2031)
3.3 Global Tungsten Carbide Composite Rods Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Tungsten Carbide Composite Rods Production Volume by Region (2020-2031)
3.4.1 Global Tungsten Carbide Composite Rods Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Tungsten Carbide Composite Rods by Region (2026-2031)
3.5 Global Tungsten Carbide Composite Rods Market Price Analysis by Region (2020-2025)
3.6 Global Tungsten Carbide Composite Rods Production and Value, Year-over-Year Growth
3.6.1 North America Tungsten Carbide Composite Rods Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Tungsten Carbide Composite Rods Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Tungsten Carbide Composite Rods Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Tungsten Carbide Composite Rods Production Value Estimates and Forecasts (2020-2031)
4 Tungsten Carbide Composite Rods Consumption by Region
4.1 Global Tungsten Carbide Composite Rods Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Tungsten Carbide Composite Rods Consumption by Region (2020-2031)
4.2.1 Global Tungsten Carbide Composite Rods Consumption by Region (2020-2025)
4.2.2 Global Tungsten Carbide Composite Rods Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Tungsten Carbide Composite Rods Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Tungsten Carbide Composite Rods Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Tungsten Carbide Composite Rods Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Tungsten Carbide Composite Rods Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Tungsten Carbide Composite Rods Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Tungsten Carbide Composite Rods Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Tungsten Carbide Composite Rods Production by Type (2020-2031)
5.1.1 Global Tungsten Carbide Composite Rods Production by Type (2020-2025)
5.1.2 Global Tungsten Carbide Composite Rods Production by Type (2026-2031)
5.1.3 Global Tungsten Carbide Composite Rods Production Market Share by Type (2020-2031)
5.2 Global Tungsten Carbide Composite Rods Production Value by Type (2020-2031)
5.2.1 Global Tungsten Carbide Composite Rods Production Value by Type (2020-2025)
5.2.2 Global Tungsten Carbide Composite Rods Production Value by Type (2026-2031)
5.2.3 Global Tungsten Carbide Composite Rods Production Value Market Share by Type (2020-2031)
5.3 Global Tungsten Carbide Composite Rods Price by Type (2020-2031)
6 Segment by Application
6.1 Global Tungsten Carbide Composite Rods Production by Application (2020-2031)
6.1.1 Global Tungsten Carbide Composite Rods Production by Application (2020-2025)
6.1.2 Global Tungsten Carbide Composite Rods Production by Application (2026-2031)
6.1.3 Global Tungsten Carbide Composite Rods Production Market Share by Application (2020-2031)
6.2 Global Tungsten Carbide Composite Rods Production Value by Application (2020-2031)
6.2.1 Global Tungsten Carbide Composite Rods Production Value by Application (2020-2025)
6.2.2 Global Tungsten Carbide Composite Rods Production Value by Application (2026-2031)
6.2.3 Global Tungsten Carbide Composite Rods Production Value Market Share by Application (2020-2031)
6.3 Global Tungsten Carbide Composite Rods Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Kennametal Inc.
7.1.1 Kennametal Inc. Tungsten Carbide Composite Rods Company Information
7.1.2 Kennametal Inc. Tungsten Carbide Composite Rods Product Portfolio
7.1.3 Kennametal Inc. Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Kennametal Inc. Main Business and Markets Served
7.1.5 Kennametal Inc. Recent Developments/Updates
7.2 Sandvik AB
7.2.1 Sandvik AB Tungsten Carbide Composite Rods Company Information
7.2.2 Sandvik AB Tungsten Carbide Composite Rods Product Portfolio
7.2.3 Sandvik AB Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Sandvik AB Main Business and Markets Served
7.2.5 Sandvik AB Recent Developments/Updates
7.3 Element Six
7.3.1 Element Six Tungsten Carbide Composite Rods Company Information
7.3.2 Element Six Tungsten Carbide Composite Rods Product Portfolio
7.3.3 Element Six Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Element Six Main Business and Markets Served
7.3.5 Element Six Recent Developments/Updates
7.4 Mitsubishi Materials Corporation
7.4.1 Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Company Information
7.4.2 Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Product Portfolio
7.4.3 Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Mitsubishi Materials Corporation Main Business and Markets Served
7.4.5 Mitsubishi Materials Corporation Recent Developments/Updates
7.5 TaeguTec Ltd.
7.5.1 TaeguTec Ltd. Tungsten Carbide Composite Rods Company Information
7.5.2 TaeguTec Ltd. Tungsten Carbide Composite Rods Product Portfolio
7.5.3 TaeguTec Ltd. Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.5.4 TaeguTec Ltd. Main Business and Markets Served
7.5.5 TaeguTec Ltd. Recent Developments/Updates
7.6 KoneCarbide
7.6.1 KoneCarbide Tungsten Carbide Composite Rods Company Information
7.6.2 KoneCarbide Tungsten Carbide Composite Rods Product Portfolio
7.6.3 KoneCarbide Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.6.4 KoneCarbide Main Business and Markets Served
7.6.5 KoneCarbide Recent Developments/Updates
7.7 Global Tungsten & Powders Corp.
7.7.1 Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Company Information
7.7.2 Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Product Portfolio
7.7.3 Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Global Tungsten & Powders Corp. Main Business and Markets Served
7.7.5 Global Tungsten & Powders Corp. Recent Developments/Updates
7.8 Zhuzhou Up Cemented Carbide Co.,Ltd
7.8.1 Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Company Information
7.8.2 Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Product Portfolio
7.8.3 Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Zhuzhou Up Cemented Carbide Co.,Ltd Main Business and Markets Served
7.8.5 Zhuzhou Up Cemented Carbide Co.,Ltd Recent Developments/Updates
7.9 Lineage Metalurgical LLC
7.9.1 Lineage Metalurgical LLC Tungsten Carbide Composite Rods Company Information
7.9.2 Lineage Metalurgical LLC Tungsten Carbide Composite Rods Product Portfolio
7.9.3 Lineage Metalurgical LLC Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Lineage Metalurgical LLC Main Business and Markets Served
7.9.5 Lineage Metalurgical LLC Recent Developments/Updates
7.10 Cutting & Wear
7.10.1 Cutting & Wear Tungsten Carbide Composite Rods Company Information
7.10.2 Cutting & Wear Tungsten Carbide Composite Rods Product Portfolio
7.10.3 Cutting & Wear Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Cutting & Wear Main Business and Markets Served
7.10.5 Cutting & Wear Recent Developments/Updates
7.11 Dynalloy Industries
7.11.1 Dynalloy Industries Tungsten Carbide Composite Rods Company Information
7.11.2 Dynalloy Industries Tungsten Carbide Composite Rods Product Portfolio
7.11.3 Dynalloy Industries Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Dynalloy Industries Main Business and Markets Served
7.11.5 Dynalloy Industries Recent Developments/Updates
7.12 Durametal-alloy
7.12.1 Durametal-alloy Tungsten Carbide Composite Rods Company Information
7.12.2 Durametal-alloy Tungsten Carbide Composite Rods Product Portfolio
7.12.3 Durametal-alloy Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Durametal-alloy Main Business and Markets Served
7.12.5 Durametal-alloy Recent Developments/Updates
7.13 BETTER OIL TOOLS
7.13.1 BETTER OIL TOOLS Tungsten Carbide Composite Rods Company Information
7.13.2 BETTER OIL TOOLS Tungsten Carbide Composite Rods Product Portfolio
7.13.3 BETTER OIL TOOLS Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.13.4 BETTER OIL TOOLS Main Business and Markets Served
7.13.5 BETTER OIL TOOLS Recent Developments/Updates
7.14 Zhuzhou Tony Carbide Co., Ltd.
7.14.1 Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Company Information
7.14.2 Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Product Portfolio
7.14.3 Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Zhuzhou Tony Carbide Co., Ltd. Main Business and Markets Served
7.14.5 Zhuzhou Tony Carbide Co., Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Tungsten Carbide Composite Rods Industry Chain Analysis
8.2 Tungsten Carbide Composite Rods Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Tungsten Carbide Composite Rods Production Mode & Process Analysis
8.4 Tungsten Carbide Composite Rods Sales and Marketing
8.4.1 Tungsten Carbide Composite Rods Sales Channels
8.4.2 Tungsten Carbide Composite Rods Distributors
8.5 Tungsten Carbide Composite Rods Customer Analysis
9 Tungsten Carbide Composite Rods Market Dynamics
9.1 Tungsten Carbide Composite Rods Industry Trends
9.2 Tungsten Carbide Composite Rods Market Drivers
9.3 Tungsten Carbide Composite Rods Market Challenges
9.4 Tungsten Carbide Composite Rods Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
Table 1. Global Tungsten Carbide Composite Rods Market Value by Type, (US$ Million) & (2024 VS 2031)
Table 2. Global Tungsten Carbide Composite Rods Market Value by Application, (US$ Million) & (2024 VS 2031)
Table 3. Global Tungsten Carbide Composite Rods Production Capacity (K Meter) by Manufacturers in 2024
Table 4. Global Tungsten Carbide Composite Rods Production by Manufacturers (2020-2025) & (K Meter)
Table 5. Global Tungsten Carbide Composite Rods Production Market Share by Manufacturers (2020-2025)
Table 6. Global Tungsten Carbide Composite Rods Production Value by Manufacturers (2020-2025) & (US$ Million)
Table 7. Global Tungsten Carbide Composite Rods Production Value Share by Manufacturers (2020-2025)
Table 8. Global Key Players of Tungsten Carbide Composite Rods, Industry Ranking, 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Tungsten Carbide Composite Rods as of 2024)
Table 10. Global Market Tungsten Carbide Composite Rods Average Price by Manufacturers (US$/Meter) & (2020-2025)
Table 11. Global Key Manufacturers of Tungsten Carbide Composite Rods, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Tungsten Carbide Composite Rods, Product Offered and Application
Table 13. Global Key Manufacturers of Tungsten Carbide Composite Rods, Date of Enter into This Industry
Table 14. Global Tungsten Carbide Composite Rods Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Tungsten Carbide Composite Rods Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Tungsten Carbide Composite Rods Production Value (US$ Million) by Region (2020-2025)
Table 18. Global Tungsten Carbide Composite Rods Production Value Market Share by Region (2020-2025)
Table 19. Global Tungsten Carbide Composite Rods Production Value (US$ Million) Forecast by Region (2026-2031)
Table 20. Global Tungsten Carbide Composite Rods Production Value Market Share Forecast by Region (2026-2031)
Table 21. Global Tungsten Carbide Composite Rods Production Comparison by Region: 2020 VS 2024 VS 2031 (K Meter)
Table 22. Global Tungsten Carbide Composite Rods Production (K Meter) by Region (2020-2025)
Table 23. Global Tungsten Carbide Composite Rods Production Market Share by Region (2020-2025)
Table 24. Global Tungsten Carbide Composite Rods Production (K Meter) Forecast by Region (2026-2031)
Table 25. Global Tungsten Carbide Composite Rods Production Market Share Forecast by Region (2026-2031)
Table 26. Global Tungsten Carbide Composite Rods Market Average Price (US$/Meter) by Region (2020-2025)
Table 27. Global Tungsten Carbide Composite Rods Market Average Price (US$/Meter) by Region (2026-2031)
Table 28. Global Tungsten Carbide Composite Rods Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Meter)
Table 29. Global Tungsten Carbide Composite Rods Consumption by Region (2020-2025) & (K Meter)
Table 30. Global Tungsten Carbide Composite Rods Consumption Market Share by Region (2020-2025)
Table 31. Global Tungsten Carbide Composite Rods Forecasted Consumption by Region (2026-2031) & (K Meter)
Table 32. Global Tungsten Carbide Composite Rods Forecasted Consumption Market Share by Region (2026-2031)
Table 33. North America Tungsten Carbide Composite Rods Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Meter)
Table 34. North America Tungsten Carbide Composite Rods Consumption by Country (2020-2025) & (K Meter)
Table 35. North America Tungsten Carbide Composite Rods Consumption by Country (2026-2031) & (K Meter)
Table 36. Europe Tungsten Carbide Composite Rods Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Meter)
Table 37. Europe Tungsten Carbide Composite Rods Consumption by Country (2020-2025) & (K Meter)
Table 38. Europe Tungsten Carbide Composite Rods Consumption by Country (2026-2031) & (K Meter)
Table 39. Asia Pacific Tungsten Carbide Composite Rods Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Meter)
Table 40. Asia Pacific Tungsten Carbide Composite Rods Consumption by Region (2020-2025) & (K Meter)
Table 41. Asia Pacific Tungsten Carbide Composite Rods Consumption by Region (2026-2031) & (K Meter)
Table 42. Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Meter)
Table 43. Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption by Country (2020-2025) & (K Meter)
Table 44. Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption by Country (2026-2031) & (K Meter)
Table 45. Global Tungsten Carbide Composite Rods Production (K Meter) by Type (2020-2025)
Table 46. Global Tungsten Carbide Composite Rods Production (K Meter) by Type (2026-2031)
Table 47. Global Tungsten Carbide Composite Rods Production Market Share by Type (2020-2025)
Table 48. Global Tungsten Carbide Composite Rods Production Market Share by Type (2026-2031)
Table 49. Global Tungsten Carbide Composite Rods Production Value (US$ Million) by Type (2020-2025)
Table 50. Global Tungsten Carbide Composite Rods Production Value (US$ Million) by Type (2026-2031)
Table 51. Global Tungsten Carbide Composite Rods Production Value Market Share by Type (2020-2025)
Table 52. Global Tungsten Carbide Composite Rods Production Value Market Share by Type (2026-2031)
Table 53. Global Tungsten Carbide Composite Rods Price (US$/Meter) by Type (2020-2025)
Table 54. Global Tungsten Carbide Composite Rods Price (US$/Meter) by Type (2026-2031)
Table 55. Global Tungsten Carbide Composite Rods Production (K Meter) by Application (2020-2025)
Table 56. Global Tungsten Carbide Composite Rods Production (K Meter) by Application (2026-2031)
Table 57. Global Tungsten Carbide Composite Rods Production Market Share by Application (2020-2025)
Table 58. Global Tungsten Carbide Composite Rods Production Market Share by Application (2026-2031)
Table 59. Global Tungsten Carbide Composite Rods Production Value (US$ Million) by Application (2020-2025)
Table 60. Global Tungsten Carbide Composite Rods Production Value (US$ Million) by Application (2026-2031)
Table 61. Global Tungsten Carbide Composite Rods Production Value Market Share by Application (2020-2025)
Table 62. Global Tungsten Carbide Composite Rods Production Value Market Share by Application (2026-2031)
Table 63. Global Tungsten Carbide Composite Rods Price (US$/Meter) by Application (2020-2025)
Table 64. Global Tungsten Carbide Composite Rods Price (US$/Meter) by Application (2026-2031)
Table 65. Kennametal Inc. Tungsten Carbide Composite Rods Company Information
Table 66. Kennametal Inc. Tungsten Carbide Composite Rods Specification and Application
Table 67. Kennametal Inc. Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 68. Kennametal Inc. Main Business and Markets Served
Table 69. Kennametal Inc. Recent Developments/Updates
Table 70. Sandvik AB Tungsten Carbide Composite Rods Company Information
Table 71. Sandvik AB Tungsten Carbide Composite Rods Specification and Application
Table 72. Sandvik AB Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 73. Sandvik AB Main Business and Markets Served
Table 74. Sandvik AB Recent Developments/Updates
Table 75. Element Six Tungsten Carbide Composite Rods Company Information
Table 76. Element Six Tungsten Carbide Composite Rods Specification and Application
Table 77. Element Six Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 78. Element Six Main Business and Markets Served
Table 79. Element Six Recent Developments/Updates
Table 80. Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Company Information
Table 81. Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Specification and Application
Table 82. Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 83. Mitsubishi Materials Corporation Main Business and Markets Served
Table 84. Mitsubishi Materials Corporation Recent Developments/Updates
Table 85. TaeguTec Ltd. Tungsten Carbide Composite Rods Company Information
Table 86. TaeguTec Ltd. Tungsten Carbide Composite Rods Specification and Application
Table 87. TaeguTec Ltd. Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 88. TaeguTec Ltd. Main Business and Markets Served
Table 89. TaeguTec Ltd. Recent Developments/Updates
Table 90. KoneCarbide Tungsten Carbide Composite Rods Company Information
Table 91. KoneCarbide Tungsten Carbide Composite Rods Specification and Application
Table 92. KoneCarbide Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 93. KoneCarbide Main Business and Markets Served
Table 94. KoneCarbide Recent Developments/Updates
Table 95. Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Company Information
Table 96. Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Specification and Application
Table 97. Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 98. Global Tungsten & Powders Corp. Main Business and Markets Served
Table 99. Global Tungsten & Powders Corp. Recent Developments/Updates
Table 100. Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Company Information
Table 101. Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Specification and Application
Table 102. Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 103. Zhuzhou Up Cemented Carbide Co.,Ltd Main Business and Markets Served
Table 104. Zhuzhou Up Cemented Carbide Co.,Ltd Recent Developments/Updates
Table 105. Lineage Metalurgical LLC Tungsten Carbide Composite Rods Company Information
Table 106. Lineage Metalurgical LLC Tungsten Carbide Composite Rods Specification and Application
Table 107. Lineage Metalurgical LLC Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 108. Lineage Metalurgical LLC Main Business and Markets Served
Table 109. Lineage Metalurgical LLC Recent Developments/Updates
Table 110. Cutting & Wear Tungsten Carbide Composite Rods Company Information
Table 111. Cutting & Wear Tungsten Carbide Composite Rods Specification and Application
Table 112. Cutting & Wear Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 113. Cutting & Wear Main Business and Markets Served
Table 114. Cutting & Wear Recent Developments/Updates
Table 115. Dynalloy Industries Tungsten Carbide Composite Rods Company Information
Table 116. Dynalloy Industries Tungsten Carbide Composite Rods Specification and Application
Table 117. Dynalloy Industries Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 118. Dynalloy Industries Main Business and Markets Served
Table 119. Dynalloy Industries Recent Developments/Updates
Table 120. Durametal-alloy Tungsten Carbide Composite Rods Company Information
Table 121. Durametal-alloy Tungsten Carbide Composite Rods Specification and Application
Table 122. Durametal-alloy Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 123. Durametal-alloy Main Business and Markets Served
Table 124. Durametal-alloy Recent Developments/Updates
Table 125. BETTER OIL TOOLS Tungsten Carbide Composite Rods Company Information
Table 126. BETTER OIL TOOLS Tungsten Carbide Composite Rods Specification and Application
Table 127. BETTER OIL TOOLS Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 128. BETTER OIL TOOLS Main Business and Markets Served
Table 129. BETTER OIL TOOLS Recent Developments/Updates
Table 130. Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Company Information
Table 131. Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Specification and Application
Table 132. Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Production (K Meter), Value (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 133. Zhuzhou Tony Carbide Co., Ltd. Main Business and Markets Served
Table 134. Zhuzhou Tony Carbide Co., Ltd. Recent Developments/Updates
Table 135. Key Raw Materials Lists
Table 136. Raw Materials Key Suppliers Lists
Table 137. Tungsten Carbide Composite Rods Distributors List
Table 138. Tungsten Carbide Composite Rods Customers List
Table 139. Tungsten Carbide Composite Rods Market Trends
Table 140. Tungsten Carbide Composite Rods Market Drivers
Table 141. Tungsten Carbide Composite Rods Market Challenges
Table 142. Tungsten Carbide Composite Rods Market Restraints
Table 143. Research Programs/Design for This Report
Table 144. Key Data Information from Secondary Sources
Table 145. Key Data Information from Primary Sources
Table 146. Authors List of This Report
List of Figures
Figure 1. Product Picture of Tungsten Carbide Composite Rods
Figure 2. Global Tungsten Carbide Composite Rods Market Value by Type, (US$ Million) & (2020-2031)
Figure 3. Global Tungsten Carbide Composite Rods Market Share by Type: 2024 VS 2031
Figure 4. Polished Product Picture
Figure 5. Rough Product Picture
Figure 6. Global Tungsten Carbide Composite Rods Market Value by Application, (US$ Million) & (2020-2031)
Figure 7. Global Tungsten Carbide Composite Rods Market Share by Application: 2024 VS 2031
Figure 8. Mining
Figure 9. Oil & Gas
Figure 10. Aerospace
Figure 11. Automotive
Figure 12. Others
Figure 13. Global Tungsten Carbide Composite Rods Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global Tungsten Carbide Composite Rods Production Value (US$ Million) & (2020-2031)
Figure 15. Global Tungsten Carbide Composite Rods Production Capacity (K Meter) & (2020-2031)
Figure 16. Global Tungsten Carbide Composite Rods Production (K Meter) & (2020-2031)
Figure 17. Global Tungsten Carbide Composite Rods Average Price (US$/Meter) & (2020-2031)
Figure 18. Tungsten Carbide Composite Rods Report Years Considered
Figure 19. Tungsten Carbide Composite Rods Production Share by Manufacturers in 2024
Figure 20. Global Tungsten Carbide Composite Rods Production Value Share by Manufacturers (2024)
Figure 21. Tungsten Carbide Composite Rods Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 22. The Global 5 and 10 Largest Players: Market Share by Tungsten Carbide Composite Rods Revenue in 2024
Figure 23. Global Tungsten Carbide Composite Rods Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 24. Global Tungsten Carbide Composite Rods Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 25. Global Tungsten Carbide Composite Rods Production Comparison by Region: 2020 VS 2024 VS 2031 (K Meter)
Figure 26. Global Tungsten Carbide Composite Rods Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 27. North America Tungsten Carbide Composite Rods Production Value (US$ Million) Growth Rate (2020-2031)
Figure 28. Europe Tungsten Carbide Composite Rods Production Value (US$ Million) Growth Rate (2020-2031)
Figure 29. China Tungsten Carbide Composite Rods Production Value (US$ Million) Growth Rate (2020-2031)
Figure 30. Japan Tungsten Carbide Composite Rods Production Value (US$ Million) Growth Rate (2020-2031)
Figure 31. Global Tungsten Carbide Composite Rods Consumption by Region: 2020 VS 2024 VS 2031 (K Meter)
Figure 32. Global Tungsten Carbide Composite Rods Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 33. North America Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 34. North America Tungsten Carbide Composite Rods Consumption Market Share by Country (2020-2031)
Figure 35. U.S. Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 36. Canada Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 37. Europe Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 38. Europe Tungsten Carbide Composite Rods Consumption Market Share by Country (2020-2031)
Figure 39. Germany Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 40. France Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 41. U.K. Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 42. Italy Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 43. Russia Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 44. Asia Pacific Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 45. Asia Pacific Tungsten Carbide Composite Rods Consumption Market Share by Region (2020-2031)
Figure 46. China Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 47. Japan Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 48. South Korea Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 49. China Taiwan Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 50. Southeast Asia Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 51. India Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 52. Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 53. Latin America, Middle East & Africa Tungsten Carbide Composite Rods Consumption Market Share by Country (2020-2031)
Figure 54. Mexico Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 55. Brazil Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 56. Turkey Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 57. GCC Countries Tungsten Carbide Composite Rods Consumption and Growth Rate (2020-2031) & (K Meter)
Figure 58. Global Production Market Share of Tungsten Carbide Composite Rods by Type (2020-2031)
Figure 59. Global Production Value Market Share of Tungsten Carbide Composite Rods by Type (2020-2031)
Figure 60. Global Tungsten Carbide Composite Rods Price (US$/Meter) by Type (2020-2031)
Figure 61. Global Production Market Share of Tungsten Carbide Composite Rods by Application (2020-2031)
Figure 62. Global Production Value Market Share of Tungsten Carbide Composite Rods by Application (2020-2031)
Figure 63. Global Tungsten Carbide Composite Rods Price (US$/Meter) by Application (2020-2031)
Figure 64. Tungsten Carbide Composite Rods Value Chain
Figure 65. Channels of Distribution (Direct Vs Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Description
The global market for Tungsten Carbide Composite Rods was valued at US$ 1200 million in the year 2024 and is projected to reach a revised size of US$ 1689 million by 2031, growing at a CAGR of 5.0% during the forecast period.
Tungsten carbide composite rods are high-performance materials made by combining tungsten carbide (WC) with a binder metal, such as cobalt (Co), nickel (Ni), or iron (Fe). These rods are designed to offer superior hardness, wear resistance, and toughness, making them ideal for applications that require durability in harsh conditions.
North American market for Tungsten Carbide Composite Rods is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Tungsten Carbide Composite Rods is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Tungsten Carbide Composite Rods include Kennametal Inc., Sandvik AB, Element Six, Mitsubishi Materials Corporation, TaeguTec Ltd., KoneCarbide, Global Tungsten & Powders Corp., Zhuzhou Up Cemented Carbide Co.,Ltd, Lineage Metalurgical LLC, Cutting & Wear, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Tungsten Carbide Composite Rods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tungsten Carbide Composite Rods.
The Tungsten Carbide Composite Rods market size, estimations, and forecasts are provided in terms of output/shipments (K Meter) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Tungsten Carbide Composite Rods market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tungsten Carbide Composite Rods manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Tungsten Carbide Composite Rods manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tungsten Carbide Composite Rods by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Tungsten Carbide Composite Rods in 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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The global market for Tungsten Carbide Composite Rods was estimated to be worth US$ 1200 million in 2024 and is forecast to a readjusted size of US$ 1689 million by 2031 with a CAGR of 5.0% during the forecast period 2025-2031.
Published: 2025-02-08
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The global Tungsten Carbide Composite Rods market size was US$ 1200 million in 2024 and is forecast to a readjusted size of US$ 1689 million by 2031 with a CAGR of 5.0% during the forecast period 2025-2031.
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