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Chemical & Material Global Tungsten Steel Round Rod Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4644485
    • |
  • 09 November, 2025
    • |
  • Global
    • |
  • 132 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Tungsten Steel Round Rod market size was valued at US$ 1505 million in 2024 and is forecast to a readjusted size of USD 2121 million by 2031 with a CAGR of 5.1% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
A tungsten steel round rod is a cylindrical bar made primarily of tungsten - carbide (WC), which is a hard and wear - resistant material. Tungsten carbide is usually combined with a binder metal, often cobalt (Co), in a powder metallurgy process. The cobalt content can vary, generally ranging from a few percent to around 20% or so, depending on the desired properties. The tungsten - carbide grains provide high hardness and wear resistance, while the binder metal helps hold the grains together and provides some toughness to the material.
This report is a detailed and comprehensive analysis for global Tungsten Steel Round Rod market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Tungsten Steel Round Rod market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Tungsten Steel Round Rod market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Tungsten Steel Round Rod market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Tungsten Steel Round Rod market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tungsten Steel Round Rod
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tungsten Steel Round Rod market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CB-CERATIZIT, Iljin Diamond, AXISMATERIA, Konrad Friedrichs GmbH, Manan Steels & Metals, Nippon Tokushu Goukin, Kennametal, Xiamen Golden Heron Special Alloy, Nanchang Cemented Carbide, Sinter Sud S.P.A., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Tungsten Steel Round Rod market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Solid Rod
Hollow and Special-shaped Rod
Market segment by Application
Metal Processing
Wood Processing
Others
Major players covered
CB-CERATIZIT
Iljin Diamond
AXISMATERIA
Konrad Friedrichs GmbH
Manan Steels & Metals
Nippon Tokushu Goukin
Kennametal
Xiamen Golden Heron Special Alloy
Nanchang Cemented Carbide
Sinter Sud S.P.A.
Ultra Carbide LLC
Oke Precision Cutting Tools
Chongyi Zhangyuan Tungsten
Zhuzhou Kerui Cemented Carbide
Zhuzhou Cemented Carbide Group
Zhuzhou Kunrui Carbide
HeYuan ZhengXin Hardmetal Carbide
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tungsten Steel Round Rod product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tungsten Steel Round Rod, with price, sales quantity, revenue, and global market share of Tungsten Steel Round Rod from 2020 to 2025.
Chapter 3, the Tungsten Steel Round Rod competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tungsten Steel Round Rod breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Tungsten Steel Round Rod market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tungsten Steel Round Rod.
Chapter 14 and 15, to describe Tungsten Steel Round Rod sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Tungsten Steel Round Rod Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Solid Rod
    • 1.3.3 Hollow and Special-shaped Rod
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Tungsten Steel Round Rod Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Metal Processing
    • 1.4.3 Wood Processing
    • 1.4.4 Others
  • 1.5 Global Tungsten Steel Round Rod Market Size & Forecast
    • 1.5.1 Global Tungsten Steel Round Rod Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Tungsten Steel Round Rod Sales Quantity (2020-2031)
    • 1.5.3 Global Tungsten Steel Round Rod Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 CB-CERATIZIT
    • 2.1.1 CB-CERATIZIT Details
    • 2.1.2 CB-CERATIZIT Major Business
    • 2.1.3 CB-CERATIZIT Tungsten Steel Round Rod Product and Services
    • 2.1.4 CB-CERATIZIT Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 CB-CERATIZIT Recent Developments/Updates
  • 2.2 Iljin Diamond
    • 2.2.1 Iljin Diamond Details
    • 2.2.2 Iljin Diamond Major Business
    • 2.2.3 Iljin Diamond Tungsten Steel Round Rod Product and Services
    • 2.2.4 Iljin Diamond Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Iljin Diamond Recent Developments/Updates
  • 2.3 AXISMATERIA
    • 2.3.1 AXISMATERIA Details
    • 2.3.2 AXISMATERIA Major Business
    • 2.3.3 AXISMATERIA Tungsten Steel Round Rod Product and Services
    • 2.3.4 AXISMATERIA Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 AXISMATERIA Recent Developments/Updates
  • 2.4 Konrad Friedrichs GmbH
    • 2.4.1 Konrad Friedrichs GmbH Details
    • 2.4.2 Konrad Friedrichs GmbH Major Business
    • 2.4.3 Konrad Friedrichs GmbH Tungsten Steel Round Rod Product and Services
    • 2.4.4 Konrad Friedrichs GmbH Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Konrad Friedrichs GmbH Recent Developments/Updates
  • 2.5 Manan Steels & Metals
    • 2.5.1 Manan Steels & Metals Details
    • 2.5.2 Manan Steels & Metals Major Business
    • 2.5.3 Manan Steels & Metals Tungsten Steel Round Rod Product and Services
    • 2.5.4 Manan Steels & Metals Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Manan Steels & Metals Recent Developments/Updates
  • 2.6 Nippon Tokushu Goukin
    • 2.6.1 Nippon Tokushu Goukin Details
    • 2.6.2 Nippon Tokushu Goukin Major Business
    • 2.6.3 Nippon Tokushu Goukin Tungsten Steel Round Rod Product and Services
    • 2.6.4 Nippon Tokushu Goukin Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Nippon Tokushu Goukin Recent Developments/Updates
  • 2.7 Kennametal
    • 2.7.1 Kennametal Details
    • 2.7.2 Kennametal Major Business
    • 2.7.3 Kennametal Tungsten Steel Round Rod Product and Services
    • 2.7.4 Kennametal Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Kennametal Recent Developments/Updates
  • 2.8 Xiamen Golden Heron Special Alloy
    • 2.8.1 Xiamen Golden Heron Special Alloy Details
    • 2.8.2 Xiamen Golden Heron Special Alloy Major Business
    • 2.8.3 Xiamen Golden Heron Special Alloy Tungsten Steel Round Rod Product and Services
    • 2.8.4 Xiamen Golden Heron Special Alloy Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Xiamen Golden Heron Special Alloy Recent Developments/Updates
  • 2.9 Nanchang Cemented Carbide
    • 2.9.1 Nanchang Cemented Carbide Details
    • 2.9.2 Nanchang Cemented Carbide Major Business
    • 2.9.3 Nanchang Cemented Carbide Tungsten Steel Round Rod Product and Services
    • 2.9.4 Nanchang Cemented Carbide Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Nanchang Cemented Carbide Recent Developments/Updates
  • 2.10 Sinter Sud S.P.A.
    • 2.10.1 Sinter Sud S.P.A. Details
    • 2.10.2 Sinter Sud S.P.A. Major Business
    • 2.10.3 Sinter Sud S.P.A. Tungsten Steel Round Rod Product and Services
    • 2.10.4 Sinter Sud S.P.A. Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Sinter Sud S.P.A. Recent Developments/Updates
  • 2.11 Ultra Carbide LLC
    • 2.11.1 Ultra Carbide LLC Details
    • 2.11.2 Ultra Carbide LLC Major Business
    • 2.11.3 Ultra Carbide LLC Tungsten Steel Round Rod Product and Services
    • 2.11.4 Ultra Carbide LLC Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Ultra Carbide LLC Recent Developments/Updates
  • 2.12 Oke Precision Cutting Tools
    • 2.12.1 Oke Precision Cutting Tools Details
    • 2.12.2 Oke Precision Cutting Tools Major Business
    • 2.12.3 Oke Precision Cutting Tools Tungsten Steel Round Rod Product and Services
    • 2.12.4 Oke Precision Cutting Tools Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Oke Precision Cutting Tools Recent Developments/Updates
  • 2.13 Chongyi Zhangyuan Tungsten
    • 2.13.1 Chongyi Zhangyuan Tungsten Details
    • 2.13.2 Chongyi Zhangyuan Tungsten Major Business
    • 2.13.3 Chongyi Zhangyuan Tungsten Tungsten Steel Round Rod Product and Services
    • 2.13.4 Chongyi Zhangyuan Tungsten Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Chongyi Zhangyuan Tungsten Recent Developments/Updates
  • 2.14 Zhuzhou Kerui Cemented Carbide
    • 2.14.1 Zhuzhou Kerui Cemented Carbide Details
    • 2.14.2 Zhuzhou Kerui Cemented Carbide Major Business
    • 2.14.3 Zhuzhou Kerui Cemented Carbide Tungsten Steel Round Rod Product and Services
    • 2.14.4 Zhuzhou Kerui Cemented Carbide Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Zhuzhou Kerui Cemented Carbide Recent Developments/Updates
  • 2.15 Zhuzhou Cemented Carbide Group
    • 2.15.1 Zhuzhou Cemented Carbide Group Details
    • 2.15.2 Zhuzhou Cemented Carbide Group Major Business
    • 2.15.3 Zhuzhou Cemented Carbide Group Tungsten Steel Round Rod Product and Services
    • 2.15.4 Zhuzhou Cemented Carbide Group Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Zhuzhou Cemented Carbide Group Recent Developments/Updates
  • 2.16 Zhuzhou Kunrui Carbide
    • 2.16.1 Zhuzhou Kunrui Carbide Details
    • 2.16.2 Zhuzhou Kunrui Carbide Major Business
    • 2.16.3 Zhuzhou Kunrui Carbide Tungsten Steel Round Rod Product and Services
    • 2.16.4 Zhuzhou Kunrui Carbide Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Zhuzhou Kunrui Carbide Recent Developments/Updates
  • 2.17 HeYuan ZhengXin Hardmetal Carbide
    • 2.17.1 HeYuan ZhengXin Hardmetal Carbide Details
    • 2.17.2 HeYuan ZhengXin Hardmetal Carbide Major Business
    • 2.17.3 HeYuan ZhengXin Hardmetal Carbide Tungsten Steel Round Rod Product and Services
    • 2.17.4 HeYuan ZhengXin Hardmetal Carbide Tungsten Steel Round Rod Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 HeYuan ZhengXin Hardmetal Carbide Recent Developments/Updates

3 Competitive Environment: Tungsten Steel Round Rod by Manufacturer

  • 3.1 Global Tungsten Steel Round Rod Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Tungsten Steel Round Rod Revenue by Manufacturer (2020-2025)
  • 3.3 Global Tungsten Steel Round Rod Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Tungsten Steel Round Rod by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Tungsten Steel Round Rod Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Tungsten Steel Round Rod Manufacturer Market Share in 2024
  • 3.5 Tungsten Steel Round Rod Market: Overall Company Footprint Analysis
    • 3.5.1 Tungsten Steel Round Rod Market: Region Footprint
    • 3.5.2 Tungsten Steel Round Rod Market: Company Product Type Footprint
    • 3.5.3 Tungsten Steel Round Rod Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Tungsten Steel Round Rod Market Size by Region
    • 4.1.1 Global Tungsten Steel Round Rod Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Tungsten Steel Round Rod Consumption Value by Region (2020-2031)
    • 4.1.3 Global Tungsten Steel Round Rod Average Price by Region (2020-2031)
  • 4.2 North America Tungsten Steel Round Rod Consumption Value (2020-2031)
  • 4.3 Europe Tungsten Steel Round Rod Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Tungsten Steel Round Rod Consumption Value (2020-2031)
  • 4.5 South America Tungsten Steel Round Rod Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Tungsten Steel Round Rod Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Tungsten Steel Round Rod Sales Quantity by Type (2020-2031)
  • 5.2 Global Tungsten Steel Round Rod Consumption Value by Type (2020-2031)
  • 5.3 Global Tungsten Steel Round Rod Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Tungsten Steel Round Rod Sales Quantity by Application (2020-2031)
  • 6.2 Global Tungsten Steel Round Rod Consumption Value by Application (2020-2031)
  • 6.3 Global Tungsten Steel Round Rod Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Tungsten Steel Round Rod Sales Quantity by Type (2020-2031)
  • 7.2 North America Tungsten Steel Round Rod Sales Quantity by Application (2020-2031)
  • 7.3 North America Tungsten Steel Round Rod Market Size by Country
    • 7.3.1 North America Tungsten Steel Round Rod Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Tungsten Steel Round Rod Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Tungsten Steel Round Rod Sales Quantity by Type (2020-2031)
  • 8.2 Europe Tungsten Steel Round Rod Sales Quantity by Application (2020-2031)
  • 8.3 Europe Tungsten Steel Round Rod Market Size by Country
    • 8.3.1 Europe Tungsten Steel Round Rod Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Tungsten Steel Round Rod Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Tungsten Steel Round Rod Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Tungsten Steel Round Rod Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Tungsten Steel Round Rod Market Size by Region
    • 9.3.1 Asia-Pacific Tungsten Steel Round Rod Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Tungsten Steel Round Rod Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Tungsten Steel Round Rod Sales Quantity by Type (2020-2031)
  • 10.2 South America Tungsten Steel Round Rod Sales Quantity by Application (2020-2031)
  • 10.3 South America Tungsten Steel Round Rod Market Size by Country
    • 10.3.1 South America Tungsten Steel Round Rod Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Tungsten Steel Round Rod Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Tungsten Steel Round Rod Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Tungsten Steel Round Rod Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Tungsten Steel Round Rod Market Size by Country
    • 11.3.1 Middle East & Africa Tungsten Steel Round Rod Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Tungsten Steel Round Rod Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Tungsten Steel Round Rod Market Drivers
  • 12.2 Tungsten Steel Round Rod Market Restraints
  • 12.3 Tungsten Steel Round Rod Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Tungsten Steel Round Rod and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Tungsten Steel Round Rod
  • 13.3 Tungsten Steel Round Rod Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Tungsten Steel Round Rod Typical Distributors
  • 14.3 Tungsten Steel Round Rod Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Tungsten Steel Round Rod. Industry analysis & Market Report on Tungsten Steel Round Rod is a syndicated market report, published as Global Tungsten Steel Round Rod Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Tungsten Steel Round Rod market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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