Boron Carbide Market

Boron Carbide Market: Applications in Abrasives Increase Despite High Prices: Global Industry Analysis and Opportunity Assessment, 2019-2029

  • 2019-09-26
  • REP-GB-3945
  • 31 Tables
  • 149 Figures
  • 215 pages
  • PDF PPT EXCEL
Boron Carbide Market

An Incisive, In-depth Analysis on the Boron Carbide Market

This study offers a comprehensive, 360 degree analysis on the Boron Carbide market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Boron Carbide market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Boron Carbide Market - Key Research Findings

  1. The global boron carbide market is estimated to be valued at ~ US$ 118 Mn in 2019.
  2. The boron carbide market is expected to grow at a CAGR of over ~ 4% during the forecast period of 2019 to 2029.
  3. The demand for boron carbide in the form of powder will witness significantly high demand over other types such as grain and paste.
  4. On a regional front, Asia Pacific excl. Japan is noted to account for a lion’s share in the global boron carbide market by the end of the forecast period (2019 – 2029).
    • Asia Pacific excl. Japan is expected to maintain its stronghold in the global boron carbide market owing to the large-scale manufacturing capabilities in the region along with the robust growth witnessed by end-use industries, prominently in China and India.
  5. Adoption of boron carbide in abrasives is anticipated to remain high over the forecast period (2019 – 2029).
    • This is mainly due to the significant growth expected in the automotive industry, resulting in a sizeable proportion of the market consuming boron carbide for abrasive products.

Key Factors Shaping the Boron Carbide Market

  • Increasing Defence Expenditure and Rise in Production of Armours

    Owing to its application in the production of body and vehicular armour, the demand for boron carbide is significantly high in the defence sector. Over the past several years, countries such as India, China, the US, and others have significantly increased their defence budgets, and the procurement of armour has also witnessed significant growth. This is noted to spur growth in the consumption of boron carbide.

  • Complexities in the Manufacturing Process Lead to High Manufacturing Cost

    Manufacturing boron carbide involves a process that requires a temperature of over 2000o Celsius. Furthermore, since boron carbide is initially produced in ingots, it is yet again a complex process, which leads to increase in its price. Boron carbide is noted to be nearly ten times more expensive than its alternatives, which leads to end users preferring inexpensive options available in the market. Furthermore, due to stringent government regulations surrounding nuclear technology and its use, sluggish growth is expected in the segment.

  • Increased Efforts Directed towards Product Innovation

    Several market participants are noted to invest largely in research & development activities surrounding product enhancement as well as finding novel scope of applications for boron carbide. Advancements in several industrial sectors such as automobile, aerospace, chemical, as well as building and construction, among others are compelling manufacturers to develop products with a longer service life. Hence, though being priced higher, end users are noted to prefer boron carbide over other products in high-end applications, resulting in lucrative market growth in the coming years. However, research and development is expected to play a pivotal role in the long-term forecast period.

Boron Carbide Market Structure Analysis

  • The global boron carbide market is very fragmented due to the presence of numerous regional and local manufacturers.
  • Several manufacturers are currently placing their focus on the research and development (R&D) and commercializing products targeted for specific applications in order to gain an edge over competitors.
  • Placing significant faith in the organic growth strategy has been noted throughout the market and key players in the global boron carbide market are likely to enhance their distribution network to further leverage their market presence.
  • Several mergers and acquisitions are also proving profitable for few players and venturing in the high growth region is observed throughout the marketplace via collaborations and trade practices.

Boron Carbide Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029

A recent market study published by FMI on the boron carbide market includes global industry analysis for 2014-2018 & opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the boron carbide market, the growth prospects of the market are obtained with maximum precision.

Boron Carbide Market: Taxonomy

The global boron carbide market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Grade

Product Type

Application

Region

  • Abrasive

  • Nuclear

  • Powder

  • Grain

  • Paste

  • Abrasive

  • Nozzles

  • Armor

  • Others

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific excl. Japan

  • Japan

  • Middle East and Africa

Report Chapters

Chapter 01 – Executive Summary

The report initiates with the executive summary of the boron carbide market, which includes a summary of key findings and statistics of the market. Additionally, a gist of FMI analysis is also provided stating the most lucrative market segments and regions.

Chapter 02 – Market Introduction

Readers can find the definition and a detailed taxonomy of the boron carbide market in this chapter, which will help them understand the basic information about the boron carbide market. Along with this, comprehensive information pertaining to boron carbide and its properties is provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the boron carbide market report. Furthermore, a regional pricing analysis is provided for the base year.

Chapter 03 – Market Viewpoint

The boron carbide market report provides key macroeconomic factors that are expected to significantly impact the market growth during the forecast period. Apart from this, the section also sheds some light on key opportunity areas for stakeholders in the boron carbide marketplace.

Chapter 04 – Global Boron Carbide Market Analysis

This section includes global boron carbide market analysis on both value and volume basis, as well as the incremental $ opportunity generated year-on-year throughout the forecast period. Following, a detailed value chain analysis is presented along with a list of key stakeholders at every node of the market to provide the readers with a better understanding of the supply chain in the boron carbide market.

Chapter 05 – Forecast Factors

This section includes factors that influence the short term as well as long term evolution of the market. Along with appropriate weightages and impact of the forecast factors, this section also includes key takeaways in order to facilitate a better understanding of the market growth.

Chapter 06 – Global Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029 by Grade

Based on the grade, the boron carbide market is segmented into abrasive grade boron carbide and nuclear grade boron carbide. In this chapter, readers can find information about key trends and developments in the boron carbide market and market attractiveness analysis based on grade.

Chapter 07 – Global Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029 by Product Type

This chapter provides details about the boron carbide market based on product type, and has been classified into powder, grain, and paste. In this chapter, readers can understand the market attractiveness analysis based on the product type.

Chapter 08 – Global Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029 by Application

This chapter provides details about the boron carbide market based on application, and has been classified into abrasives, nozzles, armor/nuclear, and others. In this chapter, readers can understand the market attractiveness analysis based on the application.

Chapter 09 – Global Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029 by Region

This chapter explains how the boron carbide market will grow across several geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan, Japan, and Middle East & Africa (MEA).

Chapter 10 – North America Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the North America boron carbide market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional market dynamics, trends, market growth and regional presence intensity mapping of the key stakeholders operating in North America.

Chapter 11 – Latin America Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the Latin America boron carbide market, along with a country-wise assessment that includes Brazil, Mexico, and the Rest of Latin America. Readers can also find the pricing analysis, regional market dynamics, trends, market growth and regional presence intensity mapping of the key stakeholders operating in Latin America.

Chapter 12 – Asia Pacific excl. Japan Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the Asia Pacific excl. Japan boron carbide market, along with a country-wise assessment that includes China, India, ASEAN Countries, ANZ and the Rest of APEJ. Readers can also find the pricing analysis, regional market dynamics, trends, market growth and regional presence intensity mapping of the key stakeholders operating in Asia Pacific excl. Japan.

Chapter 13 – Western Europe Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the Western Europe boron carbide market, along with a country-wise assessment that includes Germany, the U.K., France, Spain, Italy, and the Rest of Western Europe. Readers can also find the pricing analysis, regional market dynamics, trends, market growth, and regional presence intensity mapping of the key stakeholders operating in Western Europe.

Chapter 14 – Eastern Europe Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the Eastern Europe boron carbide market, along with a country-wise assessment that includes Russia, Poland, and the Rest of Eastern Europe. Readers can also find the pricing analysis, regional market dynamics, trends, market growth, and regional presence intensity mapping of the key stakeholders operating in Eastern Europe.

Chapter 15 – Middle East & Africa Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the Middle East & Africa boron carbide market, along with a country-wise assessment that includes GCC Countries, Northern Africa, Turkey, South Africa, and the Rest of Middle East & Africa. Readers can also find the pricing analysis, regional market dynamics, trends, market growth, and regional presence intensity mapping of the key stakeholders operating in Middle East & Africa.

Chapter 16 – Japan Boron Carbide Market Analysis 2014–2018 and Forecast 2019–2029

This chapter includes a detailed analysis of the growth of the Japan boron carbide market. Readers can also find the pricing analysis, regional market dynamics, trends, market growth, and regional presence intensity mapping of the key stakeholders operating in Japan.

Chapter 17 – Competition Dashboard

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the boron carbide market, along with their market presence analysis by region and product portfolio.

Further, readers can find a comprehensive list of all the prominent stakeholders in the boron carbide market, along with a detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are H.C. Starck GmbH, UK Abrasives, Inc., Songshan Specialty Materials, Inc., Washington Mills North Grafton, Inc., Saint-Gobain S.A., The 3M Company, and American Elements, among others.

Chapter 18 – Research Methodology

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the boron carbide market.

Industry Interactions

  • C - Level Executives

  • Marketing Directors

  • Product Managers 

  • Business Development Officers 

  • Production Managers

  • Procurement Heads

  • Sales Executives

  • Distributors

  • Traders 

  • Raw Material Suppliers

  • Industry Experts

  • End Users

  • Current market dynamics and challenges

  • Yesteryear trends 

  • Market characteristics

  • Market performance and growth quadrants

  • Competition structure and market structure

  • Strategic growth initiatives

  • Near-term and long-term market growth prospects

  • Market segment splits and authenticity

  • Opinions on market projections and validity of assumptions

Primary Interview Splits boron carbide market designations

References Catalogue

  • Industry Publications

  • World of Chemicals

  • Chemical Weekly

  • Chemical Engineering World, etc.

  • Industry Associations

  • The European Chemical Industry Council

  • The American Chemical Society

  • China Chemical Society

  • Indian Chemical Council

  • Factiva

  • Company Press Releases

  • Annual Reports and Investor Presentations

  • Research Papers

  • Government Websites and Publications

  • Trade Websites

Primary Interview Splits boron carbide market stakeholders

Boron Carbide Market Reports - Table of Contents

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Harish Tiwari

Harish Tiwari

Global Head - Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

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