Innovations in Tungsten Carbide Applications Drive Market Dynamics
The global tungsten carbide market was valued at US$ 21.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2033. Tungsten carbide, composed of equal parts tungsten and carbon atoms, is highly sought after by manufacturers for its consistent purity and uniform particle size distribution, particularly in high-performance...
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