Global Boron Carbide (CAS 12069-32-8) Market Report, History and Forecast 2013-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

This report studies the Boron Carbide (CAS 12069-32-8) market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Boron Carbide is one of the hardest materials known, ranking third behind diamond and cubic boron nitride. Boron carbide powder is mainly produced by reacting carbon with B2O3 in an electric arc furnace, through carbothermal reduction or by gas phase reactions. For commercial use B4C powders usually need to be milled and purified to remove metallic impurities. Some of Boron Carbide’s unique properties include: high hardness, chemical inertness, and a high neutron absorbing cross section.

China is the dominate producer of boron carbide, the production was 8248 MT in 2015, accounting for about 70.79% of the total amount, followed by Europe, with the production market share of 22.37%. China has the highest production growth rate of 4.23% from 2011 to 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.

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At present, in the foreign industrial developed countries the boron carbide industry is generally at a more advanced level, meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. In terms of revenue, leading players in boron carbide industry are 3M, Dunhua Zhengxing Abrasive, Dalian Jinma Boron Technology, JSC "Zaporozhabrasive". 3M is the largest manufacturer, with the revenue market share of 18.74% in 2015. The top four companies occupied about 48.68% production share of the market in 2015.

Refractory materials accounted for the largest market with about 29.52% consumption share of the global boron carbide market in 2015. With over 20.82% in the boron carbide market, ballistic armour was the second largest application market in 2015.

Under the influence of raw material, market competitions and economic conditions, the price of boron carbide was fluctuation in recent years and was 17251 USD/MT in2015. In the next few years, we predict that price will decline. As competition intensifies, prices gap between different brands will go narrowing.

The global Boron Carbide (CAS 12069-32-8) market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

3M

JSC "Zaporozhabrasive"

Washington Mills

H.C. Starck

Dalian Jinma Boron Technology

Dunhua Zhengxing Abrasive

Mudanjiang Qianjin Boron Carbide

Zhengzhou Yingcheng Technology

Songshan Special Materials

Mudanjiang Chenxi Boron Carbide

Songshan Boron Technology

Dalian Zhengxing Abrasive

Mudanjiang Hongda Boron Carbide

By the product type, the market is primarily split into

Micro Powder

Abrasive Powder

By the end users/application, this report covers the following segments

Nuclear Applications

Ballistic Armour

Nozzles

Refractory Materials

Others

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