Tungsten Industry in China 2014-2017

Good Essays
Topics:
China Tungsten Industry Report, 2014-2017

Summary
Tungsten is known as "industrial tooth" or "industrial salt" because both of its melting point and specific gravity are much higher than other metals, while its hardness is only second to diamond. Currently, China is the world's largest tungsten ore resources owner and producer. In 2013, China’s tungsten ore reserves hit 1.9 million tons, accounting for 54.3% of the world; its tungsten concentrate (WO365%) output was 138,000 tons, equivalent to 84.5% of the global output.
China's tungsten ore resources concentrate in Jiangxi, Hunan, Henan, Fujian, Guangxi, Gansu and other regions. In 2013, Jiangxi and Hunan shared 66% of the total reserves together.
Tungsten and tungsten products are mainly used in the fields of tungsten steel, tungsten materials, tungsten chemicals and cemented carbide, wherein cemented carbide has the hugest demand for tungsten. The demand of cemented carbide for tungsten occupies 72% in the European market, 66% in the Japanese market and 54% in the Chinese market.
View Complete Report @ http://www.chinamarketresearchreports.com/114902.html .
As China controls the total tungsten resources, manages export quota, purchases and stores tungsten resources, as well as implements other tightening policies, the future tungsten ore supply in China, even in the world, will be tight, and the tungsten output growth will slow down. China's tungsten concentrate output may grow at 3.0%-6.0% in 2014-2017.
Hunan Nonferrous Metals, Xiamen Tungsten, Jiangxi Tungsten Industry, Zhangyuan Tungsten and Jiangxi Rare Earth Metals Tungsten act as the major tungsten producers in China. In recent years, they have extended to upstream and downstream tungsten market through acquisitions in order to enhance competitiveness.
Xiamen Tungsten is the largest tungsten ore producer in Fujian. In 2013, the company acquired 60% stake of Jiangxi Duchang Jinding Mining Co., Ltd. and Yangchushan Tungsten & Molybdenum Mine, so

You May Also Find These Documents Helpful

  • Satisfactory Essays

    China Air Compressor Industry Report, 2014-2017 Summary According to data of the China General Machinery Industry Association Compressor Sub-Association (CCA), the air compressor industry generated total industrial output value of RMB17.851 billion and operating revenue of RMB17.617 billion in 2013, both rising about 6.7% year on year, and registering CAGR of 8.2% and 8.1% during 2007-2013, respectively. It is expected that the downstream fields of air compressor will slow over the next several…

    • 552 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    China Health Food Industry Report, 2014-2017 Summary With the development of China’s economy, health foods, which have special functions of adjusting human body physiology, preventing diseases, promoting health, prolonging life, etc., have won great popularity with a variety of specific populations. In 2013, the market size of health food in China reached RMB187.4 billion, up 12.0% year on year, recording a CAGR of 22.1% during 2006-2013. China's health product industry is composed of many extremely…

    • 485 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    China Hospital Development and Investment Report, 2014-2017 Synopsis China hospital industry has been developing quickly in recent years, thanks to the market demand stimulus and steady progress in health care reform. The number of Chinese hospitals grew at a CAGR of 6% in 2011-2013, higher than 2.26% in 2005-2010. The revenue of China hospital industry jumped at a CAGR of 23.6% in 2011-2013, and it is expected to maintain the growth rate of over 20% and hit RMB4.07 trillion in 2017. At the same…

    • 656 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    and China Hydraulic Industry Report, 2014-2017 Summary Hydraulic parts are the crucial basic components to modern equipment manufacturing and widely used in the fields such as construction machinery, metallurgical machinery, plastic machinery, aerospace, machine tool and agricultural machinery. In 2013, the world’s hydraulic industry sales approached USD34 billion, of which China swept over 30% shares and ranked second worldwide. Although with a certain scale, China hydraulic industry may be…

    • 691 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    China Electronic Fuel Injection System Report, 2014-2017 Summary The evolution of automotive electronic technologies and the growing strict requirements on vehicle’s environmental friendliness has conducted to the electronic control of fuel injection of automobiles in China. It is expected that, in the forthcoming years, Chinese automotive electronic injection industry will keep a steady growth rate of about 8%. Gasoline electronic injection field: In 2002, gasoline engines across China stopped…

    • 621 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Global and China Piano Industry Report, 2014-2017 Summary Global Piano Industry, which originated from Europe in the 18th century, has begun to shift to China since the late 1990s. At present, China has been the world’s largest piano producer, with the output for 2013 hitting 376,000 units, making up 79.6% of the global total. Meanwhile, the piano demand in China has been growing, with the year 2013’s ownership of pianos per 100 urban households approaching 3.0 units. It is projected that this…

    • 552 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Global and China High Barrier Material (PVDC, EVOH, PEN) Industry Report, 2014-2017 Summary High barrier materials can block the penetration of small molecular gas (such as O2, CO2, N2, water vapor), aroma and other organic solvent vapor prominently. By virtue of better barrier performance, polyvinylidene chloride (PVDC), ethylene / vinyl alcohol copolymer (EVOH) and polyethylene naphthalate (PEN) are mainly used to produce thin films and containers, and utilized in such fields with higher requirements…

    • 824 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Global and China Power Battery Management System (BMS) Industry Report, 2014-2017 Summary BMS is a key component of electric vehicles and hybrid vehicles. To ensure safe and reliable operation of batteries, BMS needs to have various functions such as battery status monitoring and assessment, charging and discharging control, balancing and so forth. The fire accidents of electric vehicles (particularly pure electric vehicles) since 2013 result in consumers’ concerns about the safety of electric…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    China Multi-layer Ceramic Capacitor (MLCC) Industry Report, 2014-2017 Synopsis As the world's major production base of consumer electronics, China has witnessed rapid growth in output of various products. This is particularly true of mobile phones, whose output rose from 560 million in 2008 to 1.46 billion in 2013, with a CAGR of 21.1%. Moreover, the total output of computers in different types increased from 137 million in 2008 to 352 million in 2013, at a CAGR of 20.8%. Currently, China has…

    • 485 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    China Automotive Door Panel Industry Report, 2014-2017 Summary China’s automotive door panel market volume stems from new vehicles and aftermarket. In 2013, the Chinese market capacity of automotive door panel increased by 15.3% year on year to 88.1 million pieces. During 2014-2017, the furthe rise in both China's automobile output and ownership will enable the Chinese market volume of automotive door panel to grow at a rate of at least 9%. In 2013, the leading Chinese door panel companies consist…

    • 510 Words
    • 3 Pages
    Satisfactory Essays