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Description
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.
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 was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Tungsten Carbide Composite Rods was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Tungsten Carbide Composite Rods was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies 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 global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Tungsten Carbide Composite Rods, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Tungsten Carbide Composite Rods by region & country, by Type, and by Application.
The Tungsten Carbide Composite Rods market size, estimations, and forecasts are provided in terms of sales volume (K Meter) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation
Report Metric
Details
Report Title
Tungsten Carbide Composite Rods - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Tungsten Carbide Composite Rods manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Tungsten Carbide Composite Rods in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Tungsten Carbide Composite Rods in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 Tungsten Carbide Composite Rods Product Introduction
1.2 Global Tungsten Carbide Composite Rods Market Size Forecast
1.2.1 Global Tungsten Carbide Composite Rods Sales Value (2020-2031)
1.2.2 Global Tungsten Carbide Composite Rods Sales Volume (2020-2031)
1.2.3 Global Tungsten Carbide Composite Rods Sales Price (2020-2031)
1.3 Tungsten Carbide Composite Rods Market Trends & Drivers
1.3.1 Tungsten Carbide Composite Rods Industry Trends
1.3.2 Tungsten Carbide Composite Rods Market Drivers & Opportunity
1.3.3 Tungsten Carbide Composite Rods Market Challenges
1.3.4 Tungsten Carbide Composite Rods Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Tungsten Carbide Composite Rods Players Revenue Ranking (2024)
2.2 Global Tungsten Carbide Composite Rods Revenue by Company (2020-2025)
2.3 Global Tungsten Carbide Composite Rods Players Sales Volume Ranking (2024)
2.4 Global Tungsten Carbide Composite Rods Sales Volume by Company Players (2020-2025)
2.5 Global Tungsten Carbide Composite Rods Average Price by Company (2020-2025)
2.6 Key Manufacturers Tungsten Carbide Composite Rods Manufacturing Base and Headquarters
2.7 Key Manufacturers Tungsten Carbide Composite Rods Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Tungsten Carbide Composite Rods
2.9 Tungsten Carbide Composite Rods Market Competitive Analysis
2.9.1 Tungsten Carbide Composite Rods Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Tungsten Carbide Composite Rods Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Tungsten Carbide Composite Rods as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Polished
3.1.2 Rough
3.2 Global Tungsten Carbide Composite Rods Sales Value by Type
3.2.1 Global Tungsten Carbide Composite Rods Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Tungsten Carbide Composite Rods Sales Value, by Type (2020-2031)
3.2.3 Global Tungsten Carbide Composite Rods Sales Value, by Type (%) (2020-2031)
3.3 Global Tungsten Carbide Composite Rods Sales Volume by Type
3.3.1 Global Tungsten Carbide Composite Rods Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Tungsten Carbide Composite Rods Sales Volume, by Type (2020-2031)
3.3.3 Global Tungsten Carbide Composite Rods Sales Volume, by Type (%) (2020-2031)
3.4 Global Tungsten Carbide Composite Rods Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Mining
4.1.2 Oil & Gas
4.1.3 Aerospace
4.1.4 Automotive
4.1.5 Others
4.2 Global Tungsten Carbide Composite Rods Sales Value by Application
4.2.1 Global Tungsten Carbide Composite Rods Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Tungsten Carbide Composite Rods Sales Value, by Application (2020-2031)
4.2.3 Global Tungsten Carbide Composite Rods Sales Value, by Application (%) (2020-2031)
4.3 Global Tungsten Carbide Composite Rods Sales Volume by Application
4.3.1 Global Tungsten Carbide Composite Rods Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Tungsten Carbide Composite Rods Sales Volume, by Application (2020-2031)
4.3.3 Global Tungsten Carbide Composite Rods Sales Volume, by Application (%) (2020-2031)
4.4 Global Tungsten Carbide Composite Rods Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Tungsten Carbide Composite Rods Sales Value by Region
5.1.1 Global Tungsten Carbide Composite Rods Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Tungsten Carbide Composite Rods Sales Value by Region (2020-2025)
5.1.3 Global Tungsten Carbide Composite Rods Sales Value by Region (2026-2031)
5.1.4 Global Tungsten Carbide Composite Rods Sales Value by Region (%), (2020-2031)
5.2 Global Tungsten Carbide Composite Rods Sales Volume by Region
5.2.1 Global Tungsten Carbide Composite Rods Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Tungsten Carbide Composite Rods Sales Volume by Region (2020-2025)
5.2.3 Global Tungsten Carbide Composite Rods Sales Volume by Region (2026-2031)
5.2.4 Global Tungsten Carbide Composite Rods Sales Volume by Region (%), (2020-2031)
5.3 Global Tungsten Carbide Composite Rods Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Tungsten Carbide Composite Rods Sales Value, 2020-2031
5.4.2 North America Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Tungsten Carbide Composite Rods Sales Value, 2020-2031
5.5.2 Europe Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Tungsten Carbide Composite Rods Sales Value, 2020-2031
5.6.2 Asia Pacific Tungsten Carbide Composite Rods Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Tungsten Carbide Composite Rods Sales Value, 2020-2031
5.7.2 South America Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Tungsten Carbide Composite Rods Sales Value, 2020-2031
5.8.2 Middle East & Africa Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Tungsten Carbide Composite Rods Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Tungsten Carbide Composite Rods Sales Value and Sales Volume
6.2.1 Key Countries/Regions Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.2.2 Key Countries/Regions Tungsten Carbide Composite Rods Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.3.2 United States Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.4.2 Europe Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.5.2 China Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.5.3 China Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.6.2 Japan Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.7.2 South Korea Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.8.2 Southeast Asia Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Tungsten Carbide Composite Rods Sales Value, 2020-2031
6.9.2 India Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
6.9.3 India Tungsten Carbide Composite Rods Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Kennametal Inc.
7.1.1 Kennametal Inc. Company Information
7.1.2 Kennametal Inc. Introduction and Business Overview
7.1.3 Kennametal Inc. Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Kennametal Inc. Tungsten Carbide Composite Rods Product Offerings
7.1.5 Kennametal Inc. Recent Development
7.2 Sandvik AB
7.2.1 Sandvik AB Company Information
7.2.2 Sandvik AB Introduction and Business Overview
7.2.3 Sandvik AB Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Sandvik AB Tungsten Carbide Composite Rods Product Offerings
7.2.5 Sandvik AB Recent Development
7.3 Element Six
7.3.1 Element Six Company Information
7.3.2 Element Six Introduction and Business Overview
7.3.3 Element Six Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Element Six Tungsten Carbide Composite Rods Product Offerings
7.3.5 Element Six Recent Development
7.4 Mitsubishi Materials Corporation
7.4.1 Mitsubishi Materials Corporation Company Information
7.4.2 Mitsubishi Materials Corporation Introduction and Business Overview
7.4.3 Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Product Offerings
7.4.5 Mitsubishi Materials Corporation Recent Development
7.5 TaeguTec Ltd.
7.5.1 TaeguTec Ltd. Company Information
7.5.2 TaeguTec Ltd. Introduction and Business Overview
7.5.3 TaeguTec Ltd. Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 TaeguTec Ltd. Tungsten Carbide Composite Rods Product Offerings
7.5.5 TaeguTec Ltd. Recent Development
7.6 KoneCarbide
7.6.1 KoneCarbide Company Information
7.6.2 KoneCarbide Introduction and Business Overview
7.6.3 KoneCarbide Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 KoneCarbide Tungsten Carbide Composite Rods Product Offerings
7.6.5 KoneCarbide Recent Development
7.7 Global Tungsten & Powders Corp.
7.7.1 Global Tungsten & Powders Corp. Company Information
7.7.2 Global Tungsten & Powders Corp. Introduction and Business Overview
7.7.3 Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Product Offerings
7.7.5 Global Tungsten & Powders Corp. Recent Development
7.8 Zhuzhou Up Cemented Carbide Co.,Ltd
7.8.1 Zhuzhou Up Cemented Carbide Co.,Ltd Company Information
7.8.2 Zhuzhou Up Cemented Carbide Co.,Ltd Introduction and Business Overview
7.8.3 Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Product Offerings
7.8.5 Zhuzhou Up Cemented Carbide Co.,Ltd Recent Development
7.9 Lineage Metalurgical LLC
7.9.1 Lineage Metalurgical LLC Company Information
7.9.2 Lineage Metalurgical LLC Introduction and Business Overview
7.9.3 Lineage Metalurgical LLC Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Lineage Metalurgical LLC Tungsten Carbide Composite Rods Product Offerings
7.9.5 Lineage Metalurgical LLC Recent Development
7.10 Cutting & Wear
7.10.1 Cutting & Wear Company Information
7.10.2 Cutting & Wear Introduction and Business Overview
7.10.3 Cutting & Wear Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Cutting & Wear Tungsten Carbide Composite Rods Product Offerings
7.10.5 Cutting & Wear Recent Development
7.11 Dynalloy Industries
7.11.1 Dynalloy Industries Company Information
7.11.2 Dynalloy Industries Introduction and Business Overview
7.11.3 Dynalloy Industries Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Dynalloy Industries Tungsten Carbide Composite Rods Product Offerings
7.11.5 Dynalloy Industries Recent Development
7.12 Durametal-alloy
7.12.1 Durametal-alloy Company Information
7.12.2 Durametal-alloy Introduction and Business Overview
7.12.3 Durametal-alloy Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Durametal-alloy Tungsten Carbide Composite Rods Product Offerings
7.12.5 Durametal-alloy Recent Development
7.13 BETTER OIL TOOLS
7.13.1 BETTER OIL TOOLS Company Information
7.13.2 BETTER OIL TOOLS Introduction and Business Overview
7.13.3 BETTER OIL TOOLS Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 BETTER OIL TOOLS Tungsten Carbide Composite Rods Product Offerings
7.13.5 BETTER OIL TOOLS Recent Development
7.14 Zhuzhou Tony Carbide Co., Ltd.
7.14.1 Zhuzhou Tony Carbide Co., Ltd. Company Information
7.14.2 Zhuzhou Tony Carbide Co., Ltd. Introduction and Business Overview
7.14.3 Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Product Offerings
7.14.5 Zhuzhou Tony Carbide Co., Ltd. Recent Development
8 Industry Chain Analysis
8.1 Tungsten Carbide Composite Rods Industrial Chain
8.2 Tungsten Carbide Composite Rods Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Tungsten Carbide Composite Rods Sales Model
8.5.2 Sales Channel
8.5.3 Tungsten Carbide Composite Rods Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. Tungsten Carbide Composite Rods Market Trends
Table 2. Tungsten Carbide Composite Rods Market Drivers & Opportunity
Table 3. Tungsten Carbide Composite Rods Market Challenges
Table 4. Tungsten Carbide Composite Rods Market Restraints
Table 5. Global Tungsten Carbide Composite Rods Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Tungsten Carbide Composite Rods Revenue Market Share by Company (2020-2025)
Table 7. Global Tungsten Carbide Composite Rods Sales Volume by Company (2020-2025) & (K Meter)
Table 8. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Tungsten Carbide Composite Rods Price by Company (2020-2025) & (US$/Meter)
Table 10. Key Manufacturers Tungsten Carbide Composite Rods Manufacturing Base and Headquarters
Table 11. Key Manufacturers Tungsten Carbide Composite Rods Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Tungsten Carbide Composite Rods
Table 13. Global Tungsten Carbide Composite Rods Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Tungsten Carbide Composite Rods as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Tungsten Carbide Composite Rods Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Tungsten Carbide Composite Rods Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Tungsten Carbide Composite Rods Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Tungsten Carbide Composite Rods Sales Market Share in Value by Type (2020-2025)
Table 20. Global Tungsten Carbide Composite Rods Sales Market Share in Value by Type (2026-2031)
Table 21. Global Tungsten Carbide Composite Rods Sales Volume by Type: 2020 VS 2024 VS 2031 (K Meter)
Table 22. Global Tungsten Carbide Composite Rods Sales Volume by Type (2020-2025) & (K Meter)
Table 23. Global Tungsten Carbide Composite Rods Sales Volume by Type (2026-2031) & (K Meter)
Table 24. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Type (2020-2025)
Table 25. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Type (2026-2031)
Table 26. Global Tungsten Carbide Composite Rods Price by Type (2020-2025) & (US$/Meter)
Table 27. Global Tungsten Carbide Composite Rods Price by Type (2026-2031) & (US$/Meter)
Table 28. Global Tungsten Carbide Composite Rods Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Tungsten Carbide Composite Rods Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Tungsten Carbide Composite Rods Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Tungsten Carbide Composite Rods Sales Market Share in Value by Application (2020-2025)
Table 32. Global Tungsten Carbide Composite Rods Sales Market Share in Value by Application (2026-2031)
Table 33. Global Tungsten Carbide Composite Rods Sales Volume by Application: 2020 VS 2024 VS 2031 (K Meter)
Table 34. Global Tungsten Carbide Composite Rods Sales Volume by Application (2020-2025) & (K Meter)
Table 35. Global Tungsten Carbide Composite Rods Sales Volume by Application (2026-2031) & (K Meter)
Table 36. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Application (2020-2025)
Table 37. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Application (2026-2031)
Table 38. Global Tungsten Carbide Composite Rods Price by Application (2020-2025) & (US$/Meter)
Table 39. Global Tungsten Carbide Composite Rods Price by Application (2026-2031) & (US$/Meter)
Table 40. Global Tungsten Carbide Composite Rods Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Tungsten Carbide Composite Rods Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Tungsten Carbide Composite Rods Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Tungsten Carbide Composite Rods Sales Value by Region (2020-2025) & (%)
Table 44. Global Tungsten Carbide Composite Rods Sales Value by Region (2026-2031) & (%)
Table 45. Global Tungsten Carbide Composite Rods Sales Volume by Region (K Meter): 2020 VS 2024 VS 2031
Table 46. Global Tungsten Carbide Composite Rods Sales Volume by Region (2020-2025) & (K Meter)
Table 47. Global Tungsten Carbide Composite Rods Sales Volume by Region (2026-2031) & (K Meter)
Table 48. Global Tungsten Carbide Composite Rods Sales Volume by Region (2020-2025) & (%)
Table 49. Global Tungsten Carbide Composite Rods Sales Volume by Region (2026-2031) & (%)
Table 50. Global Tungsten Carbide Composite Rods Average Price by Region (2020-2025) & (US$/Meter)
Table 51. Global Tungsten Carbide Composite Rods Average Price by Region (2026-2031) & (US$/Meter)
Table 52. Key Countries/Regions Tungsten Carbide Composite Rods Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Tungsten Carbide Composite Rods Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Tungsten Carbide Composite Rods Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Tungsten Carbide Composite Rods Sales Volume, (2020-2025) & (K Meter)
Table 56. Key Countries/Regions Tungsten Carbide Composite Rods Sales Volume, (2026-2031) & (K Meter)
Table 57. Kennametal Inc. Company Information
Table 58. Kennametal Inc. Introduction and Business Overview
Table 59. Kennametal Inc. Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 60. Kennametal Inc. Tungsten Carbide Composite Rods Product Offerings
Table 61. Kennametal Inc. Recent Development
Table 62. Sandvik AB Company Information
Table 63. Sandvik AB Introduction and Business Overview
Table 64. Sandvik AB Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 65. Sandvik AB Tungsten Carbide Composite Rods Product Offerings
Table 66. Sandvik AB Recent Development
Table 67. Element Six Company Information
Table 68. Element Six Introduction and Business Overview
Table 69. Element Six Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 70. Element Six Tungsten Carbide Composite Rods Product Offerings
Table 71. Element Six Recent Development
Table 72. Mitsubishi Materials Corporation Company Information
Table 73. Mitsubishi Materials Corporation Introduction and Business Overview
Table 74. Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 75. Mitsubishi Materials Corporation Tungsten Carbide Composite Rods Product Offerings
Table 76. Mitsubishi Materials Corporation Recent Development
Table 77. TaeguTec Ltd. Company Information
Table 78. TaeguTec Ltd. Introduction and Business Overview
Table 79. TaeguTec Ltd. Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 80. TaeguTec Ltd. Tungsten Carbide Composite Rods Product Offerings
Table 81. TaeguTec Ltd. Recent Development
Table 82. KoneCarbide Company Information
Table 83. KoneCarbide Introduction and Business Overview
Table 84. KoneCarbide Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 85. KoneCarbide Tungsten Carbide Composite Rods Product Offerings
Table 86. KoneCarbide Recent Development
Table 87. Global Tungsten & Powders Corp. Company Information
Table 88. Global Tungsten & Powders Corp. Introduction and Business Overview
Table 89. Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 90. Global Tungsten & Powders Corp. Tungsten Carbide Composite Rods Product Offerings
Table 91. Global Tungsten & Powders Corp. Recent Development
Table 92. Zhuzhou Up Cemented Carbide Co.,Ltd Company Information
Table 93. Zhuzhou Up Cemented Carbide Co.,Ltd Introduction and Business Overview
Table 94. Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 95. Zhuzhou Up Cemented Carbide Co.,Ltd Tungsten Carbide Composite Rods Product Offerings
Table 96. Zhuzhou Up Cemented Carbide Co.,Ltd Recent Development
Table 97. Lineage Metalurgical LLC Company Information
Table 98. Lineage Metalurgical LLC Introduction and Business Overview
Table 99. Lineage Metalurgical LLC Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 100. Lineage Metalurgical LLC Tungsten Carbide Composite Rods Product Offerings
Table 101. Lineage Metalurgical LLC Recent Development
Table 102. Cutting & Wear Company Information
Table 103. Cutting & Wear Introduction and Business Overview
Table 104. Cutting & Wear Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 105. Cutting & Wear Tungsten Carbide Composite Rods Product Offerings
Table 106. Cutting & Wear Recent Development
Table 107. Dynalloy Industries Company Information
Table 108. Dynalloy Industries Introduction and Business Overview
Table 109. Dynalloy Industries Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 110. Dynalloy Industries Tungsten Carbide Composite Rods Product Offerings
Table 111. Dynalloy Industries Recent Development
Table 112. Durametal-alloy Company Information
Table 113. Durametal-alloy Introduction and Business Overview
Table 114. Durametal-alloy Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 115. Durametal-alloy Tungsten Carbide Composite Rods Product Offerings
Table 116. Durametal-alloy Recent Development
Table 117. BETTER OIL TOOLS Company Information
Table 118. BETTER OIL TOOLS Introduction and Business Overview
Table 119. BETTER OIL TOOLS Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 120. BETTER OIL TOOLS Tungsten Carbide Composite Rods Product Offerings
Table 121. BETTER OIL TOOLS Recent Development
Table 122. Zhuzhou Tony Carbide Co., Ltd. Company Information
Table 123. Zhuzhou Tony Carbide Co., Ltd. Introduction and Business Overview
Table 124. Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Sales (K Meter), Revenue (US$ Million), Price (US$/Meter) and Gross Margin (2020-2025)
Table 125. Zhuzhou Tony Carbide Co., Ltd. Tungsten Carbide Composite Rods Product Offerings
Table 126. Zhuzhou Tony Carbide Co., Ltd. Recent Development
Table 127. Key Raw Materials Lists
Table 128. Raw Materials Key Suppliers Lists
Table 129. Tungsten Carbide Composite Rods Downstream Customers
Table 130. Tungsten Carbide Composite Rods Distributors List
Table 131. Research Programs/Design for This Report
Table 132. Key Data Information from Secondary Sources
Table 133. Key Data Information from Primary Sources
List of Figures
Figure 1. Tungsten Carbide Composite Rods Product Picture
Figure 2. Global Tungsten Carbide Composite Rods Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Tungsten Carbide Composite Rods Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Tungsten Carbide Composite Rods Sales Volume (2020-2031) & (K Meter)
Figure 5. Global Tungsten Carbide Composite Rods Sales Price (2020-2031) & (US$/Meter)
Figure 6. Tungsten Carbide Composite Rods Report Years Considered
Figure 7. Global Tungsten Carbide Composite Rods Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Tungsten Carbide Composite Rods Players Sales Volume Ranking (2024) & (K Meter)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Tungsten Carbide Composite Rods Revenue in 2024
Figure 10. Tungsten Carbide Composite Rods Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Polished Picture
Figure 12. Rough Picture
Figure 13. Global Tungsten Carbide Composite Rods Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Tungsten Carbide Composite Rods Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Tungsten Carbide Composite Rods Sales Volume by Type (2020 VS 2024 VS 2031) & (K Meter)
Figure 16. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Tungsten Carbide Composite Rods Price by Type (2020-2031) & (US$/Meter)
Figure 18. Product Picture of Mining
Figure 19. Product Picture of Oil & Gas
Figure 20. Product Picture of Aerospace
Figure 21. Product Picture of Automotive
Figure 22. Product Picture of Others
Figure 23. Global Tungsten Carbide Composite Rods Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 24. Global Tungsten Carbide Composite Rods Sales Value Market Share by Application, 2024 & 2031
Figure 25. Global Tungsten Carbide Composite Rods Sales Volume by Application (2020 VS 2024 VS 2031) & (K Meter)
Figure 26. Global Tungsten Carbide Composite Rods Sales Volume Market Share by Application, 2024 & 2031
Figure 27. Global Tungsten Carbide Composite Rods Price by Application (2020-2031) & (US$/Meter)
Figure 28. North America Tungsten Carbide Composite Rods Sales Value (2020-2031) & (US$ Million)
Figure 29. North America Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
Figure 30. Europe Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 31. Europe Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
Figure 32. Asia Pacific Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 33. Asia Pacific Tungsten Carbide Composite Rods Sales Value by Region (%), 2024 VS 2031
Figure 34. South America Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 35. South America Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
Figure 36. Middle East & Africa Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 37. Middle East & Africa Tungsten Carbide Composite Rods Sales Value by Country (%), 2024 VS 2031
Figure 38. Key Countries/Regions Tungsten Carbide Composite Rods Sales Value (%), (2020-2031)
Figure 39. Key Countries/Regions Tungsten Carbide Composite Rods Sales Volume (%), (2020-2031)
Figure 40. United States Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 41. United States Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 42. United States Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 43. Europe Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 44. Europe Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 45. Europe Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 46. China Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 47. China Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 48. China Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 49. Japan Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 50. Japan Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 51. Japan Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 52. South Korea Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 53. South Korea Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 54. South Korea Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 55. Southeast Asia Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 56. Southeast Asia Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 57. Southeast Asia Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 58. India Tungsten Carbide Composite Rods Sales Value, (2020-2031) & (US$ Million)
Figure 59. India Tungsten Carbide Composite Rods Sales Value by Type (%), 2024 VS 2031
Figure 60. India Tungsten Carbide Composite Rods Sales Value by Application (%), 2024 VS 2031
Figure 61. Tungsten Carbide Composite Rods Industrial Chain
Figure 62. Tungsten Carbide Composite Rods Manufacturing Cost Structure
Figure 63. Channels of Distribution (Direct Sales, and Distribution)
Figure 64. Bottom-up and Top-down Approaches for This Report
Figure 65. Data Triangulation
Figure 66. Key Executives Interviewed
Description
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.
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 was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Tungsten Carbide Composite Rods was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Tungsten Carbide Composite Rods was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies 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 global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Tungsten Carbide Composite Rods, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Tungsten Carbide Composite Rods by region & country, by Type, and by Application.
The Tungsten Carbide Composite Rods market size, estimations, and forecasts are provided in terms of sales volume (K Meter) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Tungsten Carbide Composite Rods manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Tungsten Carbide Composite Rods in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Tungsten Carbide Composite Rods in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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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.
Published: 2025-02-08
Pages: 98
USD 4250.00
(Single User License)
-
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.
Published: 2025-02-08
Pages: 96
USD 2900.00
(Single User License)