The Australia tungsten market size is projected to grow at a CAGR of 7.10% between 2026 and 2035.
Base Year
Historical Period
Forecast Period
Australia, based on figures updated by Geoscience Australia, has an 11% share of world tungsten resources.
As of December 2018, Australia’s Economic Demonstrated Resources (EDR) of tungsten was 394,000 tonnes.
Western Australia holds 53% of EDR, followed by Tasmania with 26% and Queensland with 18%1.
Australia’s one operating tungsten mine is Kara in Tasmania, contributing to the overall reserve figures.
Compound Annual Growth Rate
7.1%
2026-2035
*this image is indicative*
The Australia tungsten market growth is primarily driven by factors such as increasing demand for tungsten across diverse industries like automotive, aerospace, electrical and electronics, and machinery. Additionally, technological advancements, export performance, and application versatility contribute to the market's expansion by creating opportunities for growth and innovation within the industry.
Australia has been a significant exporter of tungsten, with notable increases in export volumes over the years. In 2023, Australia exported 1,708 units of tungsten to various countries, with India, Indonesia, and Vietnam being the primary importers. The country's strong export performance plays a crucial role in increasing Australia tungsten market share in the global economy.
Technological innovations and advancements in tungsten processing and applications are enhancing product quality, efficiency, and performance. These advancements play a key role in shaping the future trajectory of the tungsten market in Australia.
Tungsten finds applications across various industries, including automotive, aerospace, electrical and electronics, and machine tools and equipment. Tungsten is used in automotive applications for dyes and coatings, contributing to improved performance and durability in vehicles. In the aerospace industry, tungsten alloys are used in components, such as turbine blades, rocket nozzles, and ballast due to its high strength-to-weight ratio and resistance to high temperatures.
Furthermore, tungsten is essential in electrical and electronic applications for its conductivity and heat resistance properties, used in components like filaments for light bulbs, semiconductors, and X-ray tubes. Tungsten is also utilised in machine tools and equipment for its hardness and wear resistance, enhancing the durability and efficiency of cutting tools.
Australia Tungsten Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Form
Market Breakup by Product
Market Breakup by End Use
Market Breakup by Region
The Australia tungsten market players are:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Australia tungsten market value is expected to grow at a CAGR of 7.10% between 2026 and 2035.
The growth of the market is primarily driven by factors such as increasing demand for tungsten across diverse industries like automotive, aerospace, electrical and electronics, and machinery.
Technological advancements, positive export performance, and diverse application versatility contribute to the market's expansion by creating opportunities for growth and innovation within the industry.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on product, the market segmentations include carbides, tungsten alloys, tungsten mill products, and tungsten chemicals.
Foils, ribbons, wires, and tubes forms are considered in the report.
Tungsten finds applications across various industries, including automotive, aerospace, electrical and electronics, and machine tools and equipment.
Key players in the market are EQ Resources Limited, Hypersolid Metal Tech Co. Ltd., ATC Group, and Techgong Australia Pty Ltd.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Product |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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