Mining & Energy - Tungsten Market Statistics
The global mining & energy tungsten market size was valued at US$ 439.6 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2033.
Related Statistics
Mining & Energy - Tungsten Market Outlook Highlights
- The global mining & energy segment generated a revenue of USD 439.6 million in 2024 and is expected to reach USD 677.1 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 4.8% by 2033.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2033.
Market summary
| Market revenue in 2024 | USD 439.6 million |
| Market revenue in 2033 | USD 677.1 million |
| Growth rate | 4.8% (CAGR from 2025 to 2033) |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
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