Market Forecast By Application (Tungsten Carbide, Metal Alloys, Mill Products And Others), By End User (Automotive Parts, Aerospace Components, Drilling, Boring And Cutting Equipment, Logging Equipment, Electrical & Electronic Appliances And Others) By Countries (Kenya, South Africa, Nigeria, Algeria And Rest Of Africa) And Competitive Landscape
According to 6Wresearch, Africa Tungsten Market size is anticipated to register growth during 2020-26. At present, South Africa accounts for the highest revenue share in the overall Africa Tungsten market. Further, South Africa and South Africa are among the top contributors in the market revenues owing to rapid modernization, rising demand for hard metals, and proliferation across electronic verticals in these countries. Further, Algeria region is expected to emerge as a potentially lucrative market for Tungsten during the forecast period, primarily due to high growth in the aerospace sector, mining, and usage of tungsten carbide in electrical industrial activities in the region.
Key Highlights of the Report
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