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Tungsten Carbide Market Trends : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2027

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  The global tungsten carbide powder market Trends is segmented by grade, application, end-use industries, and region. Various grades of tungsten carbide powder are available in the market such as rotary drilling & mining, metal forming & wear, submicron, corrosion resistant, general purposes, and others. Among these, the rotary drilling & mining grades are the leading segments in the market owing to high impact resistance, stiffness, and ability to perform in severe conditions. 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 h