Tungsten Market to Grow at 8% CAGR Till 2025: W Resources Plc, Wolfram, Specialty Metals Resources, H.C. Starck, Global Tungsten & Powders Corporation, Minmetals
Owing to continuous demand from users across a wide application spectrum, the global tungsten market has proliferated from the critical properties of the metal, like resistance to corrosion and wear as well as flexibility. The metal is quite important in the production of stellites, superalloys and heavy metal alloys which are used to make components of automobiles, aircrafts, gamma and X-ray machines, golf clubs, darts and many others. Rising consumer spending on vehicles, travel and leisure activities along with healthcare...
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