Market Overview:
The global chromium diboride 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 chromium diboride powder from various applications, such as sputtering target, wear-resistant component, fire-proof materials and others. Chromium diboride powder is also used in other industries such as aerospace and defense, automotive and medical devices. North America dominates the global chromium diboride powder market due to the presence of major players in this region. Asia Pacific is expected to grow at a high CAGR during the forecast period owing to rising demand for chromium diboride powder from countries such as China and Japan.
Product Definition:
Chromium diboride is a ceramic material that has a high resistance to wear and corrosion. It is also very tough and can withstand high temperatures. Chromium diboride powder is used in the manufacture of cutting tools, bearings, and other wear-resistant components.
99.9% Purity:
99.9% purity is a very high level of purity which can be achieved by distillation or crystallization process.
Others:
Others is the second largest group of elements after hydrogen and it includes nitrogen, oxygen, fluorine, chlorine, bromine and iodine. These are also called as non-metallic elements. They do not possess any metallic luster or sound when dropped on metal plate. Some common sources of these elements are air (nitrogen & oxygen), plants (bromine & iodine), fire (hydrogen) and lightning (chlorine).
Application Insights:
The global chromium diboride powder market is segmented on the basis of application into sputtering target, wear-resistant component, fire-proof materials, others and others. The sputtering target application segment dominated the overall market in terms of revenue share in 2017. Chromium diboride has emerged as a preferred material for use as a substrate material for high energy electrons because it provides an electron donor that enhances the yield of secondary electrons without producing X-rays or gamma rays. This property makes it suitable for use in magnetic sector devices used in particle accelerators worldwide.
The wear resistant component was estimated as the second largest application segment owing to its increasing demand from various industries such as oil & gas and automotive manufacturing among others which require products with enhanced properties such as strength and hardness at low temperatures compared to conventional materials used currently available on the market.
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 rising product demand from various applications, such as electronic devices, automotive components, aerospace parts and others. China is a major consumer of chromium diboride powder in this region owing to easy availability of raw materials at low cost coupled with high demand from end-use industries.
The Asia Pacific market was followed by Europe which accounted for a share of more than 20% in 2017 owing to growing product consumption mainly from Germany and U.K., which are major consumers across the globe due to their advanced manufacturing industry base along with high spending power & preference for luxury vehicles – Porsche, BMW & Audi among others– that require chromium-free products for manufacturing purposes only.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance alloys that contain chromium diboride powder as a key component.
- Growing popularity of chromium diboride powder among researchers and engineers for its unique combination of properties, including high thermal conductivity, low coefficient of thermal expansion, and good electrical resistivity.
- Rising demand from the semiconductor industry for materials that can improve heat dissipation in increasingly smaller devices.
- increasing use of chromium diboride powder in energy-efficient lighting applications such as LED bulbs and tubes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chromium Diboride Powder Market Research Report
By Type
99.9% Purity, Others
By Application
Sputtering Target, Wear-Resistant Component, Fire-proof Materials, Others
By Companies
H.C. Starck, Treibacher Industrie AG, Materion Corporation, JAPAN NEW METALS, Unichim, Micron Metals, Baoding Zhongpuruituo Technology, Jiangxi Ketai New Materials, Guanjinli
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Chromium Diboride Powder Market Report Segments:
The global Chromium Diboride Powder market is segmented on the basis of:
Types
99.9% Purity, 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
Sputtering Target, Wear-Resistant Component, Fire-proof Materials, 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:
- H.C. Starck
- Treibacher Industrie AG
- Materion Corporation
- JAPAN NEW METALS
- Unichim
- Micron Metals
- Baoding Zhongpuruituo Technology
- Jiangxi Ketai New Materials
- Guanjinli
Highlights of The Chromium Diboride 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:
- 99.9% Purity
- Others
- By Application:
- Sputtering Target
- Wear-Resistant Component
- Fire-proof Materials
- 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 Chromium Diboride 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?
Chromium diboride powder is a white, crystalline material that is used as an alloying agent in steelmaking. It has a low melting point and can be easily cast into small pieces. Chromium diboride powder is also used in the production of solar cells and other electronic devices.
Some of the key players operating in the chromium diboride powder market are H.C. Starck, Treibacher Industrie AG, Materion Corporation, JAPAN NEW METALS, Unichim, Micron Metals, Baoding Zhongpuruituo Technology, Jiangxi Ketai New Materials, Guanjinli.
The chromium diboride 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 Chromium Diboride 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 Chromium Diboride Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chromium Diboride 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 Chromium Diboride 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 Chromium Diboride Powder Market Size & Forecast, 2020-2028
4.5.1 Chromium Diboride Powder Market Size and Y-o-Y Growth
4.5.2 Chromium Diboride 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 99.9% Purity
5.2.2 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 Sputtering Target
6.2.2 Wear-Resistant Component
6.2.3 Fire-proof Materials
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chromium Diboride 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 Chromium Diboride 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 99.9% Purity
9.6.2 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 Sputtering Target
9.10.2 Wear-Resistant Component
9.10.3 Fire-proof Materials
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 99.9% Purity
10.6.2 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 Sputtering Target
10.10.2 Wear-Resistant Component
10.10.3 Fire-proof Materials
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 99.9% Purity
11.6.2 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 Sputtering Target
11.10.2 Wear-Resistant Component
11.10.3 Fire-proof Materials
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 99.9% Purity
12.6.2 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 Sputtering Target
12.10.2 Wear-Resistant Component
12.10.3 Fire-proof Materials
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 99.9% Purity
13.6.2 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 Sputtering Target
13.10.2 Wear-Resistant Component
13.10.3 Fire-proof Materials
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 Chromium Diboride Powder Market: Competitive Dashboard
14.2 Global Chromium Diboride Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 H.C. Starck
14.3.2 Treibacher Industrie AG
14.3.3 Materion Corporation
14.3.4 JAPAN NEW METALS
14.3.5 Unichim
14.3.6 Micron Metals
14.3.7 Baoding Zhongpuruituo Technology
14.3.8 Jiangxi Ketai New Materials
14.3.9 Guanjinli
