Global Boron Carbide(CAS 12069 32 8) Market Research Report 2023(Status and Outlook)
Report Overview
Boron Carbide is one of the hardest materials known, ranking third behind diamond and cubic boron nitride. Boron carbide powder is mainly produced by reacting carbon with B2O3 in an electric arc furnace, through carbothermal reduction or by gas phase reactions. For commercial use B4C powders usually need to be milled and purified to remove metallic impurities. Some of Boron Carbide’s unique properties include: high hardness, chemical inertness, and a high neutron absorbing cross section.
Global Boron Carbide (CAS 12069-32-8) key players include Dunhua Zhengxing Abrasive, Dalian Jinma Boron Technology, Mudanjiang Qianjin Boron Carbide, JSC ""Zaporozhabrasive"", etc. Global top four manufacturers hold a share over 55%.
China is the largest market, with a share about 80%, followed by Europe, and Asia (Ex. China), both have a share about 20 percent.
In terms of product, Abrasive Powder is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Refractory Materials, followed by Ballistic Armour, Nozzles, Nuclear Applications, etc.
The Global Boron Carbide(CAS 12069 32 8) Market Size was estimated at USD 224.00 million in 2022 and is projected to reach USD 271.77 million by 2029, exhibiting a CAGR of 2.80% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Boron Carbide(CAS 12069 32 8) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Boron Carbide(CAS 12069 32 8) Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Boron Carbide(CAS 12069 32 8) market in any manner.
Global Boron Carbide(CAS 12069 32 8) Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
3M
JSC ""Zaporozhabrasive""
Washington Mills
H.C. Starck
Dalian Jinma Boron Technology
Dunhua Zhengxing Abrasive
Mudanjiang Qianjin Boron Carbide
Zhengzhou Yingcheng Technology
Songshan Special Materials
Mudanjiang Chenxi Boron Carbide
Songshan Boron Technology
Mudanjiang Hongda Boron Carbide
Market Segmentation (by Type)
Micro Powder
Abrasive Powder
Market Segmentation (by Application)
Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Consumer Goods & Appliances
Industrial Applications
Medical
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Boron Carbide(CAS 12069 32 8) Market
Overview of the regional outlook of the Boron Carbide(CAS 12069 32 8) Market:
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