Is Tungsten Carbide Worth Anything?

Tungsten carbide, a compound of tungsten and carbon, has emerged as one of the most valuable industrial materials due to its exceptional hardness, durability, and resistance to wear and corrosion. With applications spanning manufacturing, construction, aerospace, and even jewelry, this material commands significant economic and functional value. Recyclers pay between $5 to $10 per pound for tungsten carbide scrap, while the global market, valued at $21.6–22.36 billion in 2024, is projected to grow at a 4.93–5.5% CAGR through 2032–2033. Below, we explore its worth, applications, recycling potential, and market dynamics.