Market Overview:
The global Boron Carbide Powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for boron carbide powder in nuclear industry, industrial ceramics, and auto industry. North America is expected to lead the global Boron Carbide Powder market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Boron carbide is a compound of boron and carbon. It is a hard, black material that is used as an abrasive and in bulletproof vests.
3N:
3N, also known as boron nitride orBN, is a chemical compound of boron and nitrogen. It has hexagonal crystalline structure like many other compounds containing nitrogen such as amboric acid or ammonium nitrate. 3N has lower melting point than ice (4° Borax) and decomposes at -30°C.
4N:
4N is the fourth power of nitrogen, which means that 4N means a pressure of approximately 14.5 kilobars (mb) and temperature range from -45°C to +25°C. It is used in boron carbide powder industry as a processing aid during manufacturing process and also helps in maintaining the quality of final product.
In 4N nitrogen gas plays an important role while manufacturing boron carbide, which consists of nickel.
Application Insights:
The application segment includes industrial ceramics, nuclear industry, automotive industry and others. In terms of revenue, the industrial ceramics segment is likely to grow at a CAGR of XX% over the forecast period owing to its rising use in various industries such as aerospace and defense among others. The product has an increasing demand from countries such as China Japan and India due to growing demand for high-tech products among consumers in these regions.
The product is used for manufacturing ceramic materials with properties including high strength (at elevated temperatures) and chemical inertness (to avoid reaction with other ingredients). Ceramic materials manufactured from BNC have excellent wear & corrosion resistance which makes them suitable for use in components that come into direct contact with the engine or heat exchangers; this factor is expected to drive growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from nuclear power plants, industrial ceramics, automobiles and others. China is anticipated to remain a key consumer owing to its large-scale production of ceramics as well as nuclear reactors.
North America accounted for a significant share in terms of revenue generation owing to growing investments by domestic manufacturers coupled with rising demand from end-use industries such as aerospace & defense and medical sector. In addition, high consumption levels generated by U.S.
Europe was valued at USD X million in 2017 on account of presence of major aircraft makers such as Airbus S A., Leonardo Helicopters Ltd.
Growth Factors:
- Increasing demand from the automotive and aerospace industries due to its properties such as hardness, wear resistance and thermal stability.
- Growing use of boron carbide powder in manufacturing cutting tools, abrasives and other industrial applications owing to its superior properties over other materials.
- Rising investments by leading players in research and development activities to develop new applications for boron carbide powder.
- Increasing demand from emerging economies due to growing industrialization and urbanization rates in these regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Boron Carbide Powder Market Research Report
By Type
3N, 4N, 5N, Others
By Application
Nuclear Industry, Industrial Ceramics, Auto Industry, Others
By Companies
Hoganas AB, M, H.C. Starck GmbH, Roper Technologies, Horiba, NewMet Ltd, Washington Mills North Grafton, Inc., UK Abrasives, Feldco International, Insaco Inc, Hoganas AB, LONG TON CO., LTD., Pishro Ceramic Mehr, Henan Sicheng Abrasives Tech Co., Ltd, Zhengzhou Haixu Abrasives Co.,Ltd, Zhengzhou Hengsheng Technology Co.,Ltd
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Boron Carbide Powder Market Report Segments:
The global Boron Carbide Powder market is segmented on the basis of:
Types
3N, 4N, 5N, Others
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
Nuclear Industry, Industrial Ceramics, Auto Industry, Others
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:
- Hoganas AB
- M
- H.C. Starck GmbH
- Roper Technologies
- Horiba
- NewMet Ltd
- Washington Mills North Grafton, Inc.
- UK Abrasives
- Feldco International
- Insaco Inc
- Hoganas AB
- LONG TON CO., LTD.
- Pishro Ceramic Mehr
- Henan Sicheng Abrasives Tech Co., Ltd
- Zhengzhou Haixu Abrasives Co.,Ltd
- Zhengzhou Hengsheng Technology Co.,Ltd
Highlights of The Boron Carbide Powder 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:
- 3N
- 4N
- 5N
- Others
- By Application:
- Nuclear Industry
- Industrial Ceramics
- Auto Industry
- Others
- 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 Boron Carbide Powder 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?
Boron carbide powder is a type of abrasive that is made from boron and carbon. It can be used to remove paint, varnish, and other materials from surfaces.
Some of the major companies in the boron carbide powder market are Hoganas AB, M, H.C. Starck GmbH, Roper Technologies, Horiba, NewMet Ltd, Washington Mills North Grafton, Inc., UK Abrasives, Feldco International, Insaco Inc, Hoganas AB, LONG TON CO., LTD., Pishro Ceramic Mehr, Henan Sicheng Abrasives Tech Co., Ltd, Zhengzhou Haixu Abrasives Co.,Ltd, Zhengzhou Hengsheng Technology Co.,Ltd.
The boron carbide powder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boron Carbide Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Boron Carbide Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boron Carbide Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Boron Carbide Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Boron Carbide Powder Market Size & Forecast, 2020-2028
4.5.1 Boron Carbide Powder Market Size and Y-o-Y Growth
4.5.2 Boron Carbide Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 3N
5.2.2 4N
5.2.3 5N
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Nuclear Industry
6.2.2 Industrial Ceramics
6.2.3 Auto Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boron Carbide Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boron Carbide Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 3N
9.6.2 4N
9.6.3 5N
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Nuclear Industry
9.10.2 Industrial Ceramics
9.10.3 Auto Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 3N
10.6.2 4N
10.6.3 5N
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Nuclear Industry
10.10.2 Industrial Ceramics
10.10.3 Auto Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 3N
11.6.2 4N
11.6.3 5N
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Nuclear Industry
11.10.2 Industrial Ceramics
11.10.3 Auto Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 3N
12.6.2 4N
12.6.3 5N
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Nuclear Industry
12.10.2 Industrial Ceramics
12.10.3 Auto Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 3N
13.6.2 4N
13.6.3 5N
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Nuclear Industry
13.10.2 Industrial Ceramics
13.10.3 Auto Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boron Carbide Powder Market: Competitive Dashboard
14.2 Global Boron Carbide Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hoganas AB
14.3.2 M
14.3.3 H.C. Starck GmbH
14.3.4 Roper Technologies
14.3.5 Horiba
14.3.6 NewMet Ltd
14.3.7 Washington Mills North Grafton, Inc.
14.3.8 UK Abrasives
14.3.9 Feldco International
14.3.10 Insaco Inc
14.3.11 Hoganas AB
14.3.12 LONG TON CO., LTD.
14.3.13 Pishro Ceramic Mehr
14.3.14 Henan Sicheng Abrasives Tech Co., Ltd
14.3.15 Zhengzhou Haixu Abrasives Co.,Ltd
14.3.16 Zhengzhou Hengsheng Technology Co.,Ltd
