Global Tungsten Mining Market Size & Outlook, 2022-2030

The tungsten mining industry worldwide is expected to reach a projected revenue of US$ 37.3 million by 2030. A compound annual growth rate of 6.5% is expected of the worldwide tungsten mining industry from 2023 to 2030.
Revenue, 2022 (US$M)
$22.5
Forecast, 2030 (US$M)
$37.3
CAGR, 2023 - 2030
6.5%
Report Coverage
Worldwide

Tungsten mining market insights

  • The tungsten mining market worldwide generated a revenue of USD 22.5 million in 2022.
  • The market is expected to grow at a CAGR (2022 - 2030) of 6.5% to attain a revenue of USD 37.3 million by 2030.
  • In terms of segment, cemented carbide accounted for a revenue of USD 15.2 million in 2022.
  • In 2022, the Asia Pacific accounted for the largest revenue share of tungsten mining market.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Tungsten Mining Market Scope

Tungsten mining market segmentation & scope
Construction
Automotive & Transportation
Packaging
Consumer Products
Electrical
Others
Building & Construction
Transportation
Electrical & Electronics
Machinery & Equipment
Galvanizing
Coatings
Die-Cast Alloys
Oxides & Chemicals
Batteries
Pigments & Other Compounds
Stainless Steel
Non-Ferrous Alloys
Solders
Chemicals
Tinplate

Tungsten Mining Market Companies

Name Profile # Employees HQ Website

Global tungsten mining 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 mining market will help companies and investors design strategic landscapes.


  • Global Tungsten Mining End Use Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Automotive & Transportation
    • Packaging
    • Consumer Products
    • Electrical
    • Others
    • Building & Construction
    • Transportation
    • Electrical & Electronics
    • Machinery & Equipment
    • Galvanizing
    • Coatings
    • Die-Cast Alloys
    • Oxides & Chemicals
    • Batteries
    • Pigments & Other Compounds
    • Stainless Steel
    • Non-Ferrous Alloys
    • Solders
    • Chemicals
    • Tinplate
    • Cemented Carbide
    • Steel & Alloys
    • Lighting & Electronic

Reasons to subscribe to Global tungsten mining market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global tungsten mining market databook

  • Our clientele includes a mix of tungsten mining market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global tungsten mining market , including forecasts for subscribers. This global databook contains high-level insights into Global tungsten mining market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global tungsten mining market size, by regions, 2018-2030 (US$M)

Top 10 countries: Tungsten mining market size, 2022 (US$M)

Global tungsten mining market share, by end use, 2022 & 2030 (%, US$M)

Tungsten mining market: Opportunity assessment by country

Global tungsten mining market, by region, 2022 (US$M)

Global tungsten mining market size, by regions, 2018-2030 (US$M)

End Use 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
Europe 6.4 3.7 3.7 4.1 4.5 5.8 5.9 5.9 6.0 5.9 6.2 6.4 6.8 5.1%
Asia Pacific 19.4 18.0 17.3 17.6 17.9 18.4 19.0 20.0 21.2 22.9 24.8 27.1 30.4 6.9%
Overall 25.9 21.8 21.1 21.8 22.5 24.3 25.0 26.0 27.3 28.9 31.1 33.7 37.3 6.5%

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more