Tungsten Oxide Market

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Tungsten Oxide Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Tungsten
Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This report
likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Tungsten Oxide Market: Overview
Tungsten has several oxidation states and oxides. Each tungsten oxide has a specific characteristic and feature. Tungsten (III)
oxide is grown as a thin film by atomic layer deposition at temperatures ranging from 130 to 250 degree Celsius using a
precursor compound. Tungsten (IV) dioxide is a bronze-colored solid with chemical formula WO2. The compound crystallizes in a
monoclinic cell. Tungsten dioxide structure incorporates distorted octahedral trioxide tungsten centers with alternate short
bonds.
Each Tungsten (IV) dioxide center has the d2 configuration, which provides the material a superior electrical conductivity.
Tungsten dioxide is manufactured by reduction of tungsten trioxide with tungsten powder over the course of several hours at a
very high temperature. Tungsten (VI) oxide, which is also referred to as tungsten anhydride or tungsten trioxide, is a compound
contacting transition metal tungsten and oxygen. The material is obtained in the form of an intermediate during processes
applied for recovering tungsten from its minerals.
Tungsten ores are typically further treated with alkalis in order to obtain tungsten trioxide. If required, a further reaction with
hydrogen or carbon gas is carried out so as to get the pure metal from tungsten trioxide. Tungsten pent oxide, also called
mineral blue, is a blue solid formed by the reaction of tungsten trioxide and tungsten metal at 700 degree Celsius.
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Tungsten Oxide Market: Emerging Applications and Drivers
Tungsten oxide has several everyday uses. It is used in the manufacture of tungstates for fireproofing fabrics, for x-ray screen
phosphors, and in gas sensors. Tungsten trioxide is also used as a pigment in coatings, paints, and ceramics due to its rich
yellow color. In addition, tungsten trioxide has also proven useful in the production of smart windows or electro chromic
windows. Smart windows are essentially electrically switchable glass that can alter its light transmission properties when a
certain voltage is applied. This allows the user to obtain the desired level of tint on their windows by deciding how much light
they want passing through.
The growth in end user industries is expected to increase consumption of tungsten oxide. The growth in medical and firefighting
industry is set to drive the tungsten oxide market. In addition, rising consumption of semi-conducting compounds in emerging
economies of Asia Pacific and Latin America is expected to boost demand for tungsten oxide. However, availability of substitutes
and fluctuating raw material prices could hamper the growth of the market.
Tungsten Oxide Market: Regional Dynamics
Growth in tungsten oxide demand is expected to be led by the Asia Pacific market, particularly China which accounted for
majority of consumption in 2013. Major manufacturers of tungsten compounds are relocating their production facilities to China
due to availability of cheap labor, infrastructure and attractive government policies. Republic of Korea, India, Vietnam, Malaysia,
Cambodia, Australia, New Zealand and Sri Lanka are other major consumers of tungsten oxide in Asia Pacific. North America and
Europe are mature markets and expected to experience moderate growth.
Tungsten Oxide Market: Competitive Overview
The tungsten oxide market is dominated by large and medium corporations. Some of the key players in the market are The
Metal Powder Company Limited (India), Triveni Chemicals (India), Intelligent Materials Pvt. Ltd (India), Kurt J. Lesker Company
(North Ameria), Wolf Minerals Ltd (Australia), Ormonde Mining plc (Ireland), Midwest Tungsten Service (U.S.), Chengdu Huarui
Industrial Materials Co., Ltd. (China) and Ganxian Shirui New Material Co., Ltd. (China) among others.
Companies are using strategic acquisitions and mergers to remain competitive market. In addition, companies are developing
new and innovative tungsten oxide products to increase their market share. Furthermore, companies are expanding their
presence in emerging economies of Asia Pacific due to presence of large number of end user industries.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
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facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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Global Tungsten Oxide Market to be driven by rising medical and firefighting industry; Growth in tungsten oxide demand is expected to be led by the Asia Pacific market. Research report analyzes Tungsten Oxide industry on the basis of its market segments, major geographies, and current market trends Download the Exclusive Report Sample Here :http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11606