The global composite superhard materials market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for composite superhard materials in various applications such as polycrystalline diamond compact, polycrystalline diamond wire drawing blank, and tool composite. Polycrystalline diamond is one of the most widely used types of composite superhard material due to its high hardness and thermal conductivity properties. Polycrystalline cubic boron nitride is also gaining traction in the market due to its high hardness and thermal conductivity properties which are comparable with those of polycrystalline diamond.
Polycrystalline Diamond Compact: The global polycrystalline diamond compact market size was valued at USD 1,890 million in 2018 and is projected to reach USD 2,907 million by 2030 with a CAGR of 6%. This growth can be attributed to increasing demand for these products from various industries such as aerospace & defense, automotive industry, medical industry etc, owing their excellent wear resistance properties which make them suitable for use in these industries.
Polycrystalline Diamond Wire Drawing Blank: The global polycrystalline diamond wire drawing blank market size was valued at USD 1 billion in 2018 and is projected to reach USD 1,871 million by 2030 with a CAGR of 6%.
- The increasing demand for composite superhard materials in the automotive industry is a major growth factor for the market.
- The increasing demand for composite superhard materials in the aerospace industry is a major growth factor for the market.
- The increasing demand for composite superhard materials in the medical industry is a major growth factor for the market.
- The increasing demand from emerging economies such as China and India is a major growth factor for this market.
- Increasing research and development activities by key players to introduce new products are also driving this market.
Industry Growth Insights published a new data on “Composite Superhard Materials Market”. The research report is titled “Composite Superhard Materials Market research by Types (Polycrystalline Diamond, Polycrystalline Cubic Boron Nitride), By Applications (Polycrystalline Diamond Compact, Polycrystalline Diamond Wire Drawing Blank, Tool Composite), By Players/Companies New Asia Superhard Material Composite, Element Six, Diamond Innovations, US Synthetic, Sumitomo Electric Industries, ILJIN, Saint Gobain, Husqvarna, Tyrolit, SF Diamond, CR GEMS Diamond, Sandvik, Industrial Abrasives Limited, CeramTec”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Superhard Materials Market Research Report
By Type
Polycrystalline Diamond, Polycrystalline Cubic Boron Nitride
By Application
Polycrystalline Diamond Compact, Polycrystalline Diamond Wire Drawing Blank, Tool Composite
By Companies
New Asia Superhard Material Composite, Element Six, Diamond Innovations, US Synthetic, Sumitomo Electric Industries, ILJIN, Saint Gobain, Husqvarna, Tyrolit, SF Diamond, CR GEMS Diamond, Sandvik, Industrial Abrasives Limited, CeramTec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Composite Superhard Materials Market Report Segments:
The global Composite Superhard Materials market is segmented on the basis of:
Types
Polycrystalline Diamond, Polycrystalline Cubic Boron Nitride
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polycrystalline Diamond Compact, Polycrystalline Diamond Wire Drawing Blank, Tool Composite
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- New Asia Superhard Material Composite
- Element Six
- Diamond Innovations
- US Synthetic
- Sumitomo Electric Industries
- ILJIN
- Saint Gobain
- Husqvarna
- Tyrolit
- SF Diamond
- CR GEMS Diamond
- Sandvik
- Industrial Abrasives Limited
- CeramTec
Highlights of The Composite Superhard Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polycrystalline Diamond
- Polycrystalline Cubic Boron Nitride
- By Application:
- Polycrystalline Diamond Compact
- Polycrystalline Diamond Wire Drawing Blank
- Tool Composite
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Superhard Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Composite superhard materials are a type of material that is made up of two or more different types of materials that have been combined together to create a new, stronger material. This combination can be done in many ways, but the most common way is by combining two different types of metals together. This creates a composite material that is much harder than either metal on its own and can be used in many different applications.
Some of the major players in the composite superhard materials market are New Asia Superhard Material Composite, Element Six, Diamond Innovations, US Synthetic, Sumitomo Electric Industries, ILJIN, Saint Gobain, Husqvarna, Tyrolit, SF Diamond, CR GEMS Diamond, Sandvik, Industrial Abrasives Limited, CeramTec.
The composite superhard materials market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Composite Superhard Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Composite Superhard Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Composite Superhard Materials Market - Supply Chain
4.5. Global Composite Superhard Materials Market Forecast
4.5.1. Composite Superhard Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Composite Superhard Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Composite Superhard Materials Market Absolute $ Opportunity
5. Global Composite Superhard Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Composite Superhard Materials Market Size and Volume Forecast by Type
5.3.1. Polycrystalline Diamond
5.3.2. Polycrystalline Cubic Boron Nitride
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Composite Superhard Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Composite Superhard Materials Market Size and Volume Forecast by Application
6.3.1. Polycrystalline Diamond Compact
6.3.2. Polycrystalline Diamond Wire Drawing Blank
6.3.3. Tool Composite
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Composite Superhard Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Composite Superhard Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Composite Superhard Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Composite Superhard Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Composite Superhard Materials Demand Share Forecast, 2019-2026
9. North America Composite Superhard Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Composite Superhard Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Composite Superhard Materials Market Size and Volume Forecast by Application
9.4.1. Polycrystalline Diamond Compact
9.4.2. Polycrystalline Diamond Wire Drawing Blank
9.4.3. Tool Composite
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Composite Superhard Materials Market Size and Volume Forecast by Type
9.7.1. Polycrystalline Diamond
9.7.2. Polycrystalline Cubic Boron Nitride
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Composite Superhard Materials Demand Share Forecast, 2019-2026
10. Latin America Composite Superhard Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Composite Superhard Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Composite Superhard Materials Market Size and Volume Forecast by Application
10.4.1. Polycrystalline Diamond Compact
10.4.2. Polycrystalline Diamond Wire Drawing Blank
10.4.3. Tool Composite
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Composite Superhard Materials Market Size and Volume Forecast by Type
10.7.1. Polycrystalline Diamond
10.7.2. Polycrystalline Cubic Boron Nitride
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Composite Superhard Materials Demand Share Forecast, 2019-2026
11. Europe Composite Superhard Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Composite Superhard Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Composite Superhard Materials Market Size and Volume Forecast by Application
11.4.1. Polycrystalline Diamond Compact
11.4.2. Polycrystalline Diamond Wire Drawing Blank
11.4.3. Tool Composite
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Composite Superhard Materials Market Size and Volume Forecast by Type
11.7.1. Polycrystalline Diamond
11.7.2. Polycrystalline Cubic Boron Nitride
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Composite Superhard Materials Demand Share, 2019-2026
12. Asia Pacific Composite Superhard Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Composite Superhard Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Composite Superhard Materials Market Size and Volume Forecast by Application
12.4.1. Polycrystalline Diamond Compact
12.4.2. Polycrystalline Diamond Wire Drawing Blank
12.4.3. Tool Composite
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Composite Superhard Materials Market Size and Volume Forecast by Type
12.7.1. Polycrystalline Diamond
12.7.2. Polycrystalline Cubic Boron Nitride
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Composite Superhard Materials Demand Share, 2019-2026
13. Middle East & Africa Composite Superhard Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Composite Superhard Materials Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Composite Superhard Materials Market Size and Volume Forecast by Application
13.4.1. Polycrystalline Diamond Compact
13.4.2. Polycrystalline Diamond Wire Drawing Blank
13.4.3. Tool Composite
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Composite Superhard Materials Market Size and Volume Forecast by Type
13.7.1. Polycrystalline Diamond
13.7.2. Polycrystalline Cubic Boron Nitride
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Composite Superhard Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Composite Superhard Materials Market: Market Share Analysis
14.2. Composite Superhard Materials Distributors and Customers
14.3. Composite Superhard Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. New Asia Superhard Material Composite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Element Six
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Diamond Innovations
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. US Synthetic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sumitomo Electric Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ILJIN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Saint Gobain
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Husqvarna
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tyrolit
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SF Diamond
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CR GEMS Diamond
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sandvik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Industrial Abrasives Limited
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CeramTec
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
