Tungsten Carbide Market Growth (2018-2028)
The country generated revenue of $XX million in the year 2017, which is expected to reach $XX million by 2028 growing at a CAGR of XX% from 2018 to 2028. In terms of sales volume, China tungsten carbide market accounted for a market volume of XX metric tons in 2017 and is expected to expand at a CAGR of XX% to reach XX metric tons by the end of 2028. The growth of the China market is significantly higher as compared to that of the other countries in the APAC region. The reason for this growth is that China is the largest consumer as well as producer of tungsten and tungsten carbide with the presence of most manufacturers, product manufacturers, and end-use manufacturers, ensuring efficient supply of raw materials due to the vast tungsten reserves.
★
★
★
★
★
145 views • 9 slides