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Tungsten market value estimates vary, but the upward trajectory is clear
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Research firm Market Data Forecast estimates the value of the global tungsten market to have been $5.14-billion in 2025, which will likely widen to $5.56-billion in 2026 and further to $10.45-billion by 2034.
This equates to a compound annual growth rate (CAGR) of 8.2% between 2026 and 2034.
Another research firm, The Business Research Company, puts the tungsten…
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