Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Tungsten Trioxide market in this environment.
In terms of revenue, this research report indicated that the global Tungsten Trioxide market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Tungsten Trioxide industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Global Mineral Supply Ltd (GMS) aims at producing XX Tungsten Trioxide in 2020, with XX % production to take place in global market, ????International Tungsten Industry Association (ITIA) accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Tungsten Trioxide Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Tungsten Trioxide Market?
Global Mineral Supply Ltd (GMS)
International Tungsten Industry Association (ITIA)
Tejing Tungsten
iTungsten aka Bonsai America
...
Major Type of Tungsten Trioxide Covered in XYZResearch report:
Calcium Tungstate Method
Secondary Ammonium Tungstate Method
Application Segments Covered in XYZResearch Market
Fire-Resisting Material
Tungsten Filament
High Melting Point Alloy and Cemented Carbide
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Tungsten Trioxide Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Calcium Tungstate Method -Product Introduction and Major Manufacturers
1.1.2 Secondary Ammonium Tungstate Method -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Tungsten Trioxide Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Tungsten Trioxide Market
3.1.1 Top Companies leading Tungsten Trioxide Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Tungsten Trioxide Market
3.2.1 Top Companies leading Tungsten Trioxide Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Tungsten Trioxide Market
3.3.1 Top Companies leading Tungsten Trioxide Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Tungsten Trioxide Market
3.4.1 Top Companies leading Tungsten Trioxide Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Tungsten Trioxide Market
3.5.1 Top Companies leading Tungsten Trioxide Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Tungsten Trioxide Market
3.6.1 Top Companies leading Tungsten Trioxide Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Tungsten Trioxide Market
3.7.1 Top Companies leading Tungsten Trioxide Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Tungsten Trioxide Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Tungsten Trioxide Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Tungsten Trioxide Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Tungsten Trioxide Sales and Growth Rate (2021-2026)
5.2 Global Tungsten Trioxide Sales Value and Growth Rate (2021-2026)
6 Tungsten Trioxide Competitive Analysis
6.1 Global Mineral Supply Ltd (GMS)
6.1.1 Global Mineral Supply Ltd (GMS) Company Profiles
6.1.2 Global Mineral Supply Ltd (GMS) Product Introduction
6.1.3 Global Mineral Supply Ltd (GMS) Tungsten Trioxide Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 International Tungsten Industry Association (ITIA)
6.2.1 International Tungsten Industry Association (ITIA) Company Profiles
6.2.2 International Tungsten Industry Association (ITIA) Product Introduction
6.2.3 International Tungsten Industry Association (ITIA) Tungsten Trioxide Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Tejing Tungsten
6.3.1 Tejing Tungsten Company Profiles
6.3.2 Tejing Tungsten Product Introduction
6.3.3 Tejing Tungsten Tungsten Trioxide Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 iTungsten aka Bonsai America
6.4.1 iTungsten aka Bonsai America Company Profiles
6.4.2 iTungsten aka Bonsai America Product Introduction
6.4.3 iTungsten aka Bonsai America Tungsten Trioxide Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
7 Conclusion
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