Market Overview:
The global superhard material and product market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for superhard materials and products in cutting tools, blades, broaches, and other applications. North America is expected to lead the global superhard material and product market during the forecast period followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Superhard materials are materials that have a hardness greater than 45 GPa. They are used in a variety of applications, including cutting tools, abrasives, and bearings. Superhard materials can also be used to make armor-piercing projectiles.
Superhard Material:
Superhard Material is a new term in the science of material development. It's major property is higher Brinell hardness as compared to other materials such as diamond, silicon carbide, and tungsten carbide. Superhard Materials are used for producing cutting tools with high impact resistance which can be used in machining very hard materials like boron nitride, carbon nanotubes or even glass.
Superhard Product:
Superhard materials and products have significant demand in the global defense industry. The increasing need for high performance materials with low weight, cost-effectiveness, and superior material properties such as corrosion resistance is expected to drive the market over the forecast period. Superhard products are used in a broad range of applications including aerospace & defense, automotive industries along with consumer goods.
Application Insights:
The other application segment includes cold work tool, drilling equipment, and others. The superhard material is used in the cutting tools for drilling and broaching applications. Drilling equipment includes rotary drill bit, fixed-hole bit, traveling milling cutter system and others. Blade is one of the important components in an industrial machine that cuts materials such as metal ores or stones.
Superhard products include surgical tools made from Surgical Steel (ASA) or Titanium Dioxide (TiO2) that are used for various operations such as heart surgeries & open heart surgeries where there is a risk of life-threatening blood loss due to insufficient clotting ability of human body tissues post surgery which leads to death if proper medical care isn't taken by patients within first few minutes after injury occurs.
Regional Analysis:
Asia Pacific dominated the global superhard material and product market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for high-quality steel from various end-use industries, such as automotive, aerospace & defense, industrial machinery, construction equipment. In addition, rising investments by governments in developing infrastructure are anticipated to drive the regional demand for superhard materials and products over the forecast period.
The Asia Pacific was followed by Europe that accounted for a revenue share of 22% in 2017 owing to growing product demand from several end-use industries including aerospace & defense and industrial machinery. In addition European Commission announced Horizon 2020 Strategy aimed at promoting innovation across all fields of science and technology which is expected to fuel industry growth over the coming years.
North America also held a considerable share of global market space due its large presence of manufacturers operating within numerous sectors including automotive (automotive components), consumer goods (shoes), tools & hardware (hand tools).
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance materials that can withstand extreme conditions.
- Growing demand for superhard materials in the semiconductor industry to create smaller, faster, and more powerful electronic devices.
- Rising demand from the medical industry for superhard materials to produce surgical instruments, implants, and prosthetics that are stronger and more durable than traditional materials.
- Rapid growth of the construction industry in emerging markets such as China and India, which is driving increased demand for superhard products used in drilling and cutting applications.
- Ongoing research into new applications for superhard materials that could lead to further market growth in the future
Scope Of The Report
Report Attributes
Report Details
Report Title
Superhard Material and Product Market Research Report
By Type
Superhard Material, Superhard Product
By Application
Cutting Tool, Blade, Broach, Others
By Companies
Diamond Innovations, Element Six, US Synthetic, Sumitomo Electric, ILJIN, Saint Gobain, Husqvarna, Tyrolit, Zhongnan Diamond, Zhengzhou Sino-Crystal Diamond (300064), Henan Huanghe Whirlwind (600172), SF Diamond (300179), Bosun Tools (002282), Kingdream (000852), Advanced Technology & Materials (000969), Zhengzhou New Asia Superhard Material, Henan Yalong Diamond Tools, Shenzhen Haimingrun Industrial, Zhengzhou Research Institute for Abrasive & Grinding, Guangdong King-Strong Material Engineering, Shandong Liaocheng Changrun Superhard Material, Anhui Hong Jing New Material
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Superhard Material and Product Market Report Segments:
The global Superhard Material and Product market is segmented on the basis of:
Types
Superhard Material, Superhard Product
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
Cutting Tool, Blade, Broach, 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:
- Diamond Innovations
- Element Six
- US Synthetic
- Sumitomo Electric
- ILJIN
- Saint Gobain
- Husqvarna
- Tyrolit
- Zhongnan Diamond
- Zhengzhou Sino-Crystal Diamond (300064)
- Henan Huanghe Whirlwind (600172)
- SF Diamond (300179)
- Bosun Tools (002282)
- Kingdream (000852)
- Advanced Technology & Materials (000969)
- Zhengzhou New Asia Superhard Material
- Henan Yalong Diamond Tools
- Shenzhen Haimingrun Industrial
- Zhengzhou Research Institute for Abrasive & Grinding
- Guangdong King-Strong Material Engineering
- Shandong Liaocheng Changrun Superhard Material
- Anhui Hong Jing New Material
Highlights of The Superhard Material and Product 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:
- Superhard Material
- Superhard Product
- By Application:
- Cutting Tool
- Blade
- Broach
- 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 Superhard Material and Product 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?
Superhard materials and products are those that have a higher hardness than the standard industrial materials. This means they can resist more wear and tear, making them ideal for applications in which durability is important.
Some of the key players operating in the superhard material and product market are Diamond Innovations, Element Six, US Synthetic, Sumitomo Electric, ILJIN, Saint Gobain, Husqvarna, Tyrolit, Zhongnan Diamond, Zhengzhou Sino-Crystal Diamond (300064), Henan Huanghe Whirlwind (600172), SF Diamond (300179), Bosun Tools (002282), Kingdream (000852), Advanced Technology & Materials (000969), Zhengzhou New Asia Superhard Material, Henan Yalong Diamond Tools, Shenzhen Haimingrun Industrial, Zhengzhou Research Institute for Abrasive & Grinding, Guangdong King-Strong Material Engineering, Shandong Liaocheng Changrun Superhard Material, Anhui Hong Jing New Material.
The superhard material and product market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Superhard Material and Product 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. Superhard Material and Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Superhard Material and Product Market - Supply Chain
4.5. Global Superhard Material and Product Market Forecast
4.5.1. Superhard Material and Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Superhard Material and Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Superhard Material and Product Market Absolute $ Opportunity
5. Global Superhard Material and Product 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. Superhard Material and Product Market Size and Volume Forecast by Type
5.3.1. Superhard Material
5.3.2. Superhard Product
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Superhard Material and Product 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. Superhard Material and Product Market Size and Volume Forecast by Application
6.3.1. Cutting Tool
6.3.2. Blade
6.3.3. Broach
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Superhard Material and Product 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. Superhard Material and Product 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 Superhard Material and Product 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. Superhard Material and Product 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 Superhard Material and Product Demand Share Forecast, 2019-2026
9. North America Superhard Material and Product 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 Superhard Material and Product 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 Superhard Material and Product Market Size and Volume Forecast by Application
9.4.1. Cutting Tool
9.4.2. Blade
9.4.3. Broach
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Superhard Material and Product Market Size and Volume Forecast by Type
9.7.1. Superhard Material
9.7.2. Superhard Product
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 Superhard Material and Product Demand Share Forecast, 2019-2026
10. Latin America Superhard Material and Product 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 Superhard Material and Product 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 Superhard Material and Product Market Size and Volume Forecast by Application
10.4.1. Cutting Tool
10.4.2. Blade
10.4.3. Broach
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Superhard Material and Product Market Size and Volume Forecast by Type
10.7.1. Superhard Material
10.7.2. Superhard Product
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 Superhard Material and Product Demand Share Forecast, 2019-2026
11. Europe Superhard Material and Product 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 Superhard Material and Product 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 Superhard Material and Product Market Size and Volume Forecast by Application
11.4.1. Cutting Tool
11.4.2. Blade
11.4.3. Broach
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Superhard Material and Product Market Size and Volume Forecast by Type
11.7.1. Superhard Material
11.7.2. Superhard Product
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt 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 Superhard Material and Product Demand Share, 2019-2026
12. Asia Pacific Superhard Material and Product 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 Superhard Material and Product 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 Superhard Material and Product Market Size and Volume Forecast by Application
12.4.1. Cutting Tool
12.4.2. Blade
12.4.3. Broach
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Superhard Material and Product Market Size and Volume Forecast by Type
12.7.1. Superhard Material
12.7.2. Superhard Product
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 Superhard Material and Product Demand Share, 2019-2026
13. Middle East & Africa Superhard Material and Product 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 Superhard Material and Product 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 Superhard Material and Product Market Size and Volume Forecast by Application
13.4.1. Cutting Tool
13.4.2. Blade
13.4.3. Broach
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Superhard Material and Product Market Size and Volume Forecast by Type
13.7.1. Superhard Material
13.7.2. Superhard Product
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 Superhard Material and Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Superhard Material and Product Market: Market Share Analysis
14.2. Superhard Material and Product Distributors and Customers
14.3. Superhard Material and Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Diamond Innovations
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. US Synthetic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ILJIN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Saint Gobain
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Husqvarna
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tyrolit
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhongnan Diamond
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhengzhou Sino-Crystal Diamond (300064)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Henan Huanghe Whirlwind (600172)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SF Diamond (300179)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bosun Tools (002282)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kingdream (000852)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Advanced Technology & Materials (000969)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Zhengzhou New Asia Superhard Material
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Henan Yalong Diamond Tools
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shenzhen Haimingrun Industrial
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Zhengzhou Research Institute for Abrasive & Grinding
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Guangdong King-Strong Material Engineering
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
