Tungsten Carbide Market, Latest Trends, Future Growth, Share Value

The application segment includes cutting tools, wear parts, roll die, diamond tools, mining tools, and abrasive products. The carbide cutting tools are often used for machining through materials such as carbon, stainless steel, and in situations where other tools would wear away. They offer a better finish and allow faster machining at a much higher temperature than standard high-speed steel tools. The mining construction end user segment is leading the market growth owing to the high product demand in top-hammer rock drill bits, downhole hammers, roller-cutters

Related Post: