Global Copper Tungsten Market Growth 2023-2029

Global Copper Tungsten Market Growth 2023-2029

Copper–tungsten (tungsten–copper, CuW, or WCu) is a mixture of copper and tungsten. As copper and tungsten are not mutually soluble, the material is composed of distinct particles of one metal dispersed in a matrix of the other one. The microstructure is therefore rather a metal matrix composite instead of a true alloy. The material combines the properties of both metals, resulting in a material that is heat-resistant, ablation-resistant, highly thermally and electrically conductive, and easy to machine.
LPI (LP Information)' newest research report, the “Copper Tungsten Industry Forecast” looks at past sales and reviews total world Copper Tungsten sales in 2022, providing a comprehensive analysis by region and market sector of projected Copper Tungsten sales for 2023 through 2029. With Copper Tungsten sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Copper Tungsten industry.
This Insight Report provides a comprehensive analysis of the global Copper Tungsten landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Copper Tungsten portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Copper Tungsten market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Copper Tungsten and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Copper Tungsten.
The global Copper Tungsten market size is projected to grow from US$ 144.9 million in 2022 to US$ 203.3 million in 2029; it is expected to grow at a CAGR of 203.3 from 2023 to 2029.
Global core copper tungsten players include Sumitomo Electric, Advanced Technology & Materials and Plansee etc. The top 5 companies hold a share about 31%. Asia-Pacific is the largest consumer, who owned nearly 64% share in global consumption market in 2021. The follower is Europe, accounting for about 18% sales share in 2021.
In terms of types, WCu 80/20 type occupied the largest sales share of about 35% in 2021.
Based on the application, High Voltage Electrical Switch constitutes the largest application market for Copper Tungsten, accounting for about 38% of global share.
This report presents a comprehensive overview, market shares, and growth opportunities of Copper Tungsten market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
WCu 65/35
WCu 70/30
WCu 75/25
WCu 80/20
WCu 85/15
WCu 90/10
Others
Segmentation by application
High Voltage Electrical Switch
Welding and EDM
Aerospace
Electronic Packaging and Heat Sink
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sumitomo Electric
Advanced Technology & Materials
Plansee
Xi’an Huashan Tungsten Products
Mi-Tech Tungsten Metals
HOSO METAL
CHEMETAL USA
Taizhou Huacheng
Baoji Hanz Metal Material Co., Ltd
AMERICAN ELEMENTS
Mosten Alloy Co.,Ltd
Seunglim Electric Co.,Ltd
Shenyang Top New Material
Runchang New Materials

Key Questions Addressed in this Report
What is the 10-year outlook for the global Copper Tungsten market?
What factors are driving Copper Tungsten market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Copper Tungsten market opportunities vary by end market size?
How does Copper Tungsten break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.