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Boron Carbide Market 2020 Latest Trend, Growth Outlook, & Forecast to 2026 | 3M Company, Advanced abrasives corporation, Sigma-Aldrich
Boron Carbide Market
Based on grade, boron carbide is available in nuclear grade and abrasive grade. The nuclear grade of the product is being used across applications including shut down pellets, control rod, and shielding. Augmenting demand for advanced energy sources is likely to contribute to boron carbide industry growth.
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Boron carbide market is predicted to exhibit an upbeat growth trend in the coming years spurred by intensifying demand across a slew of applications. Superior properties associated with the product such as low thermal conductivity, incredible hardness, high resistance to wear, impact resistance, shock resistance, and good nuclear properties make the product desirable in both commercial and industrial applications.
Boron carbide is commercially produced through the reaction of boric oxide and carbon, through gas phase reactions, or carbothermal reduction. The product ranks after cubic boron nitride and diamond as one of the hardest materials, which makes it well suited in areas demanding hardness. It is used for dressing diamond tools.
Boron carbide can be used across a multitude of use cases including precision toll parts, ceramic tooling dies, ballistic armors, abrasives, nozzles, mortars and pestles, and others. Expansion in key end use industries such as refractory, abrasives, and ceramics is driving boron carbide market trends. Intensifying investment by various countries towards the acquisition of high tech anti-ballistic weapons is likely to propel boron carbide business trends.
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Some of the key participants of global boron carbide industry include UK abrasives Inc, Feldco International, ABSCO limited, Sigma-Aldrich, American elements, Momentive performance materials, 3M Company, Electro Abrasives LLC, Washington mills, Dalian Jinma Boron Technology Group, Dynamic-Ceramic Limited, Sandvik Hyperion, Saint-Gobain S.A, Dunhua zhengxing abrasive company, H.C. starck, and Advanced abrasives corporation.
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