Brazil Tungsten Market Size & Outlook, 2025-2033

The tungsten market in Brazil is expected to reach a projected revenue of US$ 46.0 million by 2033. A compound annual growth rate of 3.5% is expected of Brazil tungsten market from 2025 to 2033.
Revenue, 2024 (US$M)
$33.4
Forecast, 2033 (US$M)
$46.0
CAGR, 2025 - 2033
3.5%
Report Coverage
Brazil

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Brazil tungsten market, 2021-2033 (US$M)

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Brazil tungsten market highlights

  • The Brazil tungsten market generated a revenue of USD 33.4 million in 2024 and is expected to reach USD 46.0 million by 2033.
  • The Brazil market is expected to grow at a CAGR of 3.5% from 2025 to 2033.
  • In terms of segment, automotive was the largest revenue generating application in 2024.
  • Electronics & Robotics is the most lucrative application segment registering the fastest growth during the forecast period.


Tungsten market data book summary

Market revenue in 2024USD 33.4 million
Market revenue in 2033USD 46.0 million
Growth rate3.5% (CAGR from 2025 to 2033)
Largest segmentAutomotive
Fastest growing segmentElectronics & Robotics
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationAerospace & Defense, Construction, Automotive, Mining & Energy, Electronics & Robotics
Key market players worldwideA.L.M.T., Sandvik AB, China Tungsten and Hightech Materials, Global Tungsten & Powders, H.C. Starck, Plansee, BETEK, Umicore SA ADR


Other key industry trends

  • In terms of revenue, Brazil accounted for 1.8% of the global tungsten market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In Latin America, Brazil tungsten market is projected to lead the regional market in terms of revenue in 2033.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 46.0 million by 2033.

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Tungsten Market Companies

Name Profile # Employees HQ Website
BETEK View profile 251-500 Aichhalden, Baden-Wurttemberg, Germany, Europe https://www.betek.de/
Plansee View profile 501-1000 Reutte, Tirol, Austria, Europe https://www.plansee.com/
Global Tungsten & Powders View profile 501-1000 Towanda, Pennsylvania, United States, North America http://www.globaltungsten.com/en/
A.L.M.T. View profile 1001-5000 Tokyo, Tokyo, Japan, Asia https://www.allied-material.co.jp
H.C. Starck View profile 1001-5000 Euclid, Ohio, United States, North America http://www.hcstarck.com
China Tungsten and Hightech Materials View profile 5001-10000 Zhuzhou, Hunan, China, Asia https://www.minmetalstungsten.com/
Umicore SA ADR View profile 11948 Rue du Marais 31 Broekstraat, Brussels, Belgium, B-1000 https://www.umicore.com
Sandvik AB View profile 40614 Kungsbron 1, Section G, Floor 6, Stockholm, Sweden, 111 22 https://www.sandvik.com

Brazil tungsten market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tungsten market will help companies and investors design strategic landscapes.


Automotive was the largest segment with a revenue share of 26.65% in 2024. Horizon Databook has segmented the Brazil tungsten market based on aerospace & defense, construction, automotive, mining & energy, electronics & robotics covering the revenue growth of each sub-segment from 2021 to 2033.


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  • Our clientele includes a mix of tungsten market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil tungsten market , including forecasts for subscribers. This country databook contains high-level insights into Brazil tungsten market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Brazil tungsten market size, by application, 2021-2033 (US$M)

Brazil Tungsten Market Outlook Share, 2024 & 2033 (US$M)

Brazil tungsten market size, by application, 2021-2033 (US$M)

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