Global Super Hard Material market size will be 1299.56 million USD in 2025

New report published by Global Info Research which offers insights on the global Super Hard Material market.

A superhard material is a material with a hardness value exceeding 40 gigapascals (GPa) when measured by the Vickers hardness test. They are highly incompressible solids with high electron density and high bond covalency. As a result of their unique properties, these materials are of great interest in many industrial areas including, but not limited to, abrasives, polishing and cutting tools and wear-resistant and protective coatings.

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Global Super Hard Material Market: Forecast by Type / Application / Region

Diamond is the hardest known material to date, with a Vickers hardness in the range of 70–150 GPa. Diamond demonstrates both high thermal conductivity and electrically insulating properties and much attention has been put into finding practical applications of this material. However, diamond has several limitations for mass industrial application, including its high cost and oxidation at temperatures above 800 °C. In addition, diamond dissolves in iron and forms iron carbides at high temperatures and therefore is inefficient in cutting ferrous materials including steel. Therefore, recent research of superhard materials has been focusing on compounds which would be thermally and chemically more stable than pure diamond.

Superhard materials can be generally classified into two categories: intrinsic compounds and extrinsic compounds. The intrinsic group includes diamond, cubic boron nitride (c-BN), carbon nitrides and ternary compounds such as B-N-C, which possess an innate hardness. Conversely, extrinsic materials are those that have superhardness and other mechanical properties that are determined by their microstructure rather than composition. An example of extrinsic superhard material is nanocrystalline diamond known as aggregated diamond nanorods.

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: Element Six, Sandvik, ILJIN Diamond, Zhongnan Diamond, Huanghe Whirlwind, Sino-Crystal Diamond, JINQU Superhard, CR GEMS, Anhui HongJing, SF-Diamond, Yalong Superhard Materials, Saint-Gobain, Sumitomo Electric Industries, Tomei Diamond, FUNIK and Famous Diamond.

By the product type, the Super Hard Material (Superhard Materials) market is primarily split into: Synthetic Diamond, CBN and Other.

By Application, report covers: Stone and Construction, Abrasives Category, Composite Polycrystalline Tool and Other Applications.

The Global Super Hard Material market size was 1255.79 million USD in 2017 and it will be 1299.56 million USD in 2025, with a CAGR of 0.43% from 2017 to 2025.

According to the report, Asia-Pacific accounts the biggest market share of the global total Super Hard Materials market, both for production and consumption. The production of Super Hard Materials in China took over 85% of total global output. However，high end products are still concentrated in Europe, North America, Japan and Korea area, due to the technology and R&D restrictions.

Superhard materials market is segmented into diamond, cubic boron nitride and others including boron carbon nitrides, metal borides, etc. Diamond generated a substantial revenue of nearly USD 998.95 million USD in 2017 and covers over 80% of the total market. It is majorly used for grinding, cutting, and machining materials including titanium alloys, cemented carbides, ceramics, quartz stone, asphalt, glass, etc. These are also used in wire drawing dies, dressers and drill bits.

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Related Information:
United States Super Hard Material Market 2018 Forecast to 2023
Europe Super Hard Material Market 2018 Forecast to 2023
North America Super Hard Material Market 2018 Forecast to 2023
Asia-Pacific Super Hard Material Market 2018 Forecast to 2023
China Super Hard Material Market 2018 Forecast to 2023
EMEA Super Hard Material Market 2018 Forecast to 2023
Global Super Hard Material Market 2018 Forecast to 2023

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