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Tungsten Market: Global Industry Analysis and Forecast 2016 - 2022
http://www.persistencemarketresearch.com — Tungsten, also known as Wolfram, is a greyish-white metal having lustrous appearance with a good corrosion resistance properties. Tungsten is widely used in its alloy form because pure tungsten is   expensive and even difficult for machining.  Its alloy consists of nickel, iron or copper added in tungsten. Tungsten is also available in powder form known as tungsten powder and tungsten carbide powder and its size ranges from 0.40 microns to 17.50 microns and is used in end mills, circuit board drills and nozzles. Fine tungsten carbide powders are used for inserts and cutting tools, whereas ultra-coarse and medium powders are used for wear and die parts, road construction bids. Global tungsten market is anticipated to grow by a decent single digit CAGR in coming future. The global tungsten market has its consumptions in the sector of steel alloys, mill products, cemented carbide, and chemicals. China is a dominant supplier of tungsten having the maximum market share in the global tungsten market in terms of consumption as well as supply. 215 days ago

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