Tungsten carbide (WC) is an inorganic chemical compound containing equal parts of tungsten and carbon atoms. In its most simple form, it's a fine gray powder, but it are often pressed and formed into shapes to be used in industrial machinery, tools, abrasives, also as. Tungsten carbide is approximately 3 times stiffer than steel, and is far denser than steel or titanium. It comparable corundum in hardness and may only be polished and finished with abrasives of superior hardness such as silicon carbide, cubic boron nitride.
Tungsten Carbide Hard Metals are primarily produced using a powder metallurgy process, whereby the powdered varieties of tungsten carbide and cobalt are mixed using ball mills, a binder material is added to carry the powders together during the next stage of the method which is compaction or pressing During the compaction processes, hydraulic presses or isotactic presses are wont to compact the powders into a shape which approximates the design of the finished product. The chemical formula for Tungsten Carbide is WC. Tungsten carbide rods are manufactured without holes, with one straight hole, with double straight holes, with 30-degree spiral holes etc. The tungsten carbide rods polished or blank are used as solid drilling tools. They are available with a diameter from 0.3mm to diameter 40.mm with lengths from 10mm to 1000mm and that they are either grounded or ungrounded. The applications of those rods include as drill bits, end mills and reamers. They are available within the straight or twisted and are available in standard lengths of 310 and 330 mm.
In India, investments of USD 31,650 billion has been proposed by 99 cities under their smart cities plan. 100 smart cities and 500 cities are likely to invite investments worth INR 2 trillion in the next 5 years. Housing for All” program, launched in June 2015 aims to build 20 million urban homes and 30 million rural houses by 2022. Around 60 million new homes are expected to be built in India “between” 2018-2024. Thus, the growing manufacturing activities are instrumental for the growth of cemented carbide which in turn, boosting the market for tungsten carbide during the forecast period.
The marketplace for tungsten carbide is anticipated to grow at a moderate CAGR of over 3.5% during the forecast period. Growth within the manufacturing activities across the world is generating demand for tungsten carbide. Tungsten carbide is highly dense material constituting of tungsten and carbide. This alloy is immune to heat, rust, scratches, and pitting. The growth of tungsten carbide market are often attributed to its growing consumption within the applications such as machine & cutting tool components, dies & punches, abrasive products and others. The growing industrialization, and urbanization within the developing regions throughout the world is predicted to spice up the market during the forecast years. The worldwide market of tungsten carbide may be a lucrative one and it's expected to expand at an encouraging CAGR during the forecast years. the superb durability, high tensile strength, and corrosion & abrasion resistance of tungsten carbide makes it ideal to be utilized in mining & construction and automobile which may be a major factor driving the market positively.
Few Indian major players are as under
Creative Tools & Press Components Pvt. Ltd.
Rapicut Carbides Ltd
Rashtriya Metal Inds. Ltd.
Riddhi Steel & Tube Ltd.
Ceratizit India Pvt. Ltd.
V W F Industries Ltd.
Taegutec India Pvt. Ltd.
