Industry: Chemical & Material
Published Date: 2025-06-13
Pages: 94 Pages
Report ld: 4763378
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Tungsten Carbide Strips Market Size(US$)

CAGR 2025-2031
3.0%
Market Size,2031
USD 65.7
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Tungsten Carbide Strips was estimated to be worth US$ 51.0 million in 2024 and is forecast to a readjusted size of US$ 65.7 million by 2031 with a CAGR of 3.0% during the forecast period 2025-2031.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Tungsten Carbide Strips cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A Tungsten Carbide Strip is a hard, wear-resistant rectangular bar or strip made from tungsten carbide, a compound of tungsten (W) and carbon (C), typically used in cutting tools, wear parts, molds, and industrial machinery.
North American market for Tungsten Carbide Strips 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 Strips 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 Strips 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 Strips include Mitsubishi Materials, Sandvik, Kennametal, Sumitomo, Plato Solution, Kone Carbide Tool, Xiamen Betalent Carbide, ZHUZHOU XINPIN CEMENTED CARBIDE, 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 Strips, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Tungsten Carbide Strips by region & country, by Type, and by Application.
The Tungsten Carbide Strips market size, estimations, and forecasts are provided in terms of sales volume (Tons) 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 Strips.
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 Strips 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 Strips 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 Strips 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.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Tungsten Carbide Strips Product Introduction
1.2 Global Tungsten Carbide Strips Market Size Forecast
1.2.1 Global Tungsten Carbide Strips Sales Value (2020-2031)
1.2.2 Global Tungsten Carbide Strips Sales Volume (2020-2031)
1.2.3 Global Tungsten Carbide Strips Sales Price (2020-2031)
1.3 Tungsten Carbide Strips Market Trends & Drivers
1.3.1 Tungsten Carbide Strips Industry Trends
1.3.2 Tungsten Carbide Strips Market Drivers & Opportunity
1.3.3 Tungsten Carbide Strips Market Challenges
1.3.4 Tungsten Carbide Strips 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 Strips Players Revenue Ranking (2024)
2.2 Global Tungsten Carbide Strips Revenue by Company (2020-2025)
2.3 Global Tungsten Carbide Strips Players Sales Volume Ranking (2024)
2.4 Global Tungsten Carbide Strips Sales Volume by Company Players (2020-2025)
2.5 Global Tungsten Carbide Strips Average Price by Company (2020-2025)
2.6 Key Manufacturers Tungsten Carbide Strips Manufacturing Base and Headquarters
2.7 Key Manufacturers Tungsten Carbide Strips Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Tungsten Carbide Strips
2.9 Tungsten Carbide Strips Market Competitive Analysis
2.9.1 Tungsten Carbide Strips Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Tungsten Carbide Strips 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 Strips as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Unidirectional Cutting Edge
3.1.2 Bidirectional Edge
3.2 Global Tungsten Carbide Strips Sales Value by Type
3.2.1 Global Tungsten Carbide Strips Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Tungsten Carbide Strips Sales Value, by Type (2020-2031)
3.2.3 Global Tungsten Carbide Strips Sales Value, by Type (%) (2020-2031)
3.3 Global Tungsten Carbide Strips Sales Volume by Type
3.3.1 Global Tungsten Carbide Strips Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Tungsten Carbide Strips Sales Volume, by Type (2020-2031)
3.3.3 Global Tungsten Carbide Strips Sales Volume, by Type (%) (2020-2031)
3.4 Global Tungsten Carbide Strips Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Woodworking Blades
4.1.2 Stamping Dies
4.1.3 Wear Parts
4.1.4 Others
4.2 Global Tungsten Carbide Strips Sales Value by Application
4.2.1 Global Tungsten Carbide Strips Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Tungsten Carbide Strips Sales Value, by Application (2020-2031)
4.2.3 Global Tungsten Carbide Strips Sales Value, by Application (%) (2020-2031)
4.3 Global Tungsten Carbide Strips Sales Volume by Application
4.3.1 Global Tungsten Carbide Strips Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Tungsten Carbide Strips Sales Volume, by Application (2020-2031)
4.3.3 Global Tungsten Carbide Strips Sales Volume, by Application (%) (2020-2031)
4.4 Global Tungsten Carbide Strips Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Tungsten Carbide Strips Sales Value by Region
5.1.1 Global Tungsten Carbide Strips Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Tungsten Carbide Strips Sales Value by Region (2020-2025)
5.1.3 Global Tungsten Carbide Strips Sales Value by Region (2026-2031)
5.1.4 Global Tungsten Carbide Strips Sales Value by Region (%), (2020-2031)
5.2 Global Tungsten Carbide Strips Sales Volume by Region
5.2.1 Global Tungsten Carbide Strips Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Tungsten Carbide Strips Sales Volume by Region (2020-2025)
5.2.3 Global Tungsten Carbide Strips Sales Volume by Region (2026-2031)
5.2.4 Global Tungsten Carbide Strips Sales Volume by Region (%), (2020-2031)
5.3 Global Tungsten Carbide Strips Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Tungsten Carbide Strips Sales Value, 2020-2031
5.4.2 North America Tungsten Carbide Strips Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Tungsten Carbide Strips Sales Value, 2020-2031
5.5.2 Europe Tungsten Carbide Strips Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Tungsten Carbide Strips Sales Value, 2020-2031
5.6.2 Asia Pacific Tungsten Carbide Strips Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Tungsten Carbide Strips Sales Value, 2020-2031
5.7.2 South America Tungsten Carbide Strips Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Tungsten Carbide Strips Sales Value, 2020-2031
5.8.2 Middle East & Africa Tungsten Carbide Strips Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Tungsten Carbide Strips Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Tungsten Carbide Strips Sales Value and Sales Volume
6.2.1 Key Countries/Regions Tungsten Carbide Strips Sales Value, 2020-2031
6.2.2 Key Countries/Regions Tungsten Carbide Strips Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Tungsten Carbide Strips Sales Value, 2020-2031
6.3.2 United States Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Tungsten Carbide Strips Sales Value, 2020-2031
6.4.2 Europe Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Tungsten Carbide Strips Sales Value, 2020-2031
6.5.2 China Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.5.3 China Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Tungsten Carbide Strips Sales Value, 2020-2031
6.6.2 Japan Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Tungsten Carbide Strips Sales Value, 2020-2031
6.7.2 South Korea Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Tungsten Carbide Strips Sales Value, 2020-2031
6.8.2 Southeast Asia Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Tungsten Carbide Strips Sales Value, 2020-2031
6.9.2 India Tungsten Carbide Strips Sales Value by Type (%), 2024 VS 2031
6.9.3 India Tungsten Carbide Strips Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Mitsubishi Materials
7.1.1 Mitsubishi Materials Company Information
7.1.2 Mitsubishi Materials Introduction and Business Overview
7.1.3 Mitsubishi Materials Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Mitsubishi Materials Tungsten Carbide Strips Product Offerings
7.1.5 Mitsubishi Materials Recent Development
7.2 Sandvik
7.2.1 Sandvik Company Information
7.2.2 Sandvik Introduction and Business Overview
7.2.3 Sandvik Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Sandvik Tungsten Carbide Strips Product Offerings
7.2.5 Sandvik Recent Development
7.3 Kennametal
7.3.1 Kennametal Company Information
7.3.2 Kennametal Introduction and Business Overview
7.3.3 Kennametal Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Kennametal Tungsten Carbide Strips Product Offerings
7.3.5 Kennametal Recent Development
7.4 Sumitomo
7.4.1 Sumitomo Company Information
7.4.2 Sumitomo Introduction and Business Overview
7.4.3 Sumitomo Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Sumitomo Tungsten Carbide Strips Product Offerings
7.4.5 Sumitomo Recent Development
7.5 Plato Solution
7.5.1 Plato Solution Company Information
7.5.2 Plato Solution Introduction and Business Overview
7.5.3 Plato Solution Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Plato Solution Tungsten Carbide Strips Product Offerings
7.5.5 Plato Solution Recent Development
7.6 Kone Carbide Tool
7.6.1 Kone Carbide Tool Company Information
7.6.2 Kone Carbide Tool Introduction and Business Overview
7.6.3 Kone Carbide Tool Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Kone Carbide Tool Tungsten Carbide Strips Product Offerings
7.6.5 Kone Carbide Tool Recent Development
7.7 Xiamen Betalent Carbide
7.7.1 Xiamen Betalent Carbide Company Information
7.7.2 Xiamen Betalent Carbide Introduction and Business Overview
7.7.3 Xiamen Betalent Carbide Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Xiamen Betalent Carbide Tungsten Carbide Strips Product Offerings
7.7.5 Xiamen Betalent Carbide Recent Development
7.8 ZHUZHOU XINPIN CEMENTED CARBIDE
7.8.1 ZHUZHOU XINPIN CEMENTED CARBIDE Company Information
7.8.2 ZHUZHOU XINPIN CEMENTED CARBIDE Introduction and Business Overview
7.8.3 ZHUZHOU XINPIN CEMENTED CARBIDE Tungsten Carbide Strips Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 ZHUZHOU XINPIN CEMENTED CARBIDE Tungsten Carbide Strips Product Offerings
7.8.5 ZHUZHOU XINPIN CEMENTED CARBIDE Recent Development
8 Industry Chain Analysis
8.1 Tungsten Carbide Strips Industrial Chain
8.2 Tungsten Carbide Strips 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 Strips Sales Model
8.5.2 Sales Channel
8.5.3 Tungsten Carbide Strips 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
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Pages: 136
The global Tungsten Carbide Strips market size was US$ 55 million in 2025 and is forecast to reach a readjusted size of US$ 67.45 million by 2032 with a CAGR of 3.0% during the forecast period 2026-2032.
Published: 2026-03-12
Pages: 80
The global Tungsten Carbide Strips market was valued at US$ 55 million in 2025 and is anticipated to reach US$ 67.45 million by 2032, at a CAGR of 3.0% from 2026 to 2032.
Published: 2026-03-12
Pages: 135
The global market for Tungsten Carbide Strips was estimated to be worth US$ 55 million in 2025 and is projected to reach US$ 67.45 million, growing at a CAGR of 3.0% from 2026 to 2032.
Published: 2026-03-09
Pages: 110
The global market for Tungsten Carbide Strips was valued at US$ 51.0 million in the year 2024 and is projected to reach a revised size of US$ 65.7 million by 2031, growing at a CAGR of 3.0% during the forecast period.
Published: 2025-06-13
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The global Tungsten Carbide Strips market size was US$ 51.0 million in 2024 and is forecast to a readjusted size of US$ 65.7 million by 2031 with a CAGR of 3.0% during the forecast period 2025-2031.
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The global Tungsten Carbide Strips market is projected to grow from US$ 55.0 million in 2025 to US$ 65.7 million by 2031, at a Compound Annual Growth Rate (CAGR) of 3.0% during the forecast period.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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