Tungsten Market ReviewTungsten Demand Goes Up While its Exports from China Decline According to Merchant Research & Consulting Ltd
London, UK (PRWEB) March 27, 2012
The world tungsten industry is highly driven by the growth of the defense across the globe. As the demand for the metal is on increase, the market is predicted to be expanding to further output levels. Nevertheless supply shortages are also forecast for the coming five years, forcing the tungsten price to rise largely.
The key market participant on the tungsten production arena is China. Moreover, the domestic demand on the market is growing unprecedentedly leading to significant shrinks of export. The material also falls within the materials export restrictions in China which pulls up the trade with the Western countries.
In-depth information on tungsten and comprehensive market analysis is presented in the new report “Tungsten Market Review”. The review encompasses data on the global, regional and country markets for tungsten and provides understanding of the market development through various periods including forecasts up to 2017.
The report covers major market statistics (production and consumption, supply and demand, price dynamics and trade activities), profiles of the key market players, overview of the events and news within the industry and projections that reveal the future opportunities and trends, prices and volumes.
https://www.digitaljournal.com/pr/640306
Report Details:
Tungsten Market Review
Published: January, 2012
Pages: 76
https://mcgroup.co.uk/researches/tungsten