Boron Carbide Market is Expected to Expand at a CAGR of 4.4% by 2027
Global Boron Carbide Market: Key Takeaways
Boron carbide finds opportunity in increasing requirement of specialized low medium high tools and machinery
The growth in automotive industry is expected to have significant impact over the forecast period
Increasing annual defence spending by various countries to acquire high tech safety weapons is spurring the demand for boron carbide
View and Download TOC of Boron Carbide Market Research Report@ https://www.futuremarketinsights.com/reports/boron-carbide-market/toc
The growing interest of governments as well as scientific communities in non-conventional energy resources to facilitate the market growth
Growth in urbanization, especially in the developing countries of Asia Pacific and Middle East & Africa is expected to create demand for boron carbide
Overall GDP growth is expected to positively impact the market through 2027
Global Boron Carbide Market: Forecast by Grade Type
Grade type segment include abrasive grade segment and nuclear grade segment.
Abrasive Grade Estimated to Generate US$ 72.9 Mn in 2017
In terms of market value share, the abrasive grade segment is pegged to hold 66.8% of the overall global boron carbide market and is expected to reach at US$ 75.9 Mn in 2017. Increasing demand from end use industries is expected to fuel the growth of boron carbide market in the grade segment. In terms of value, the nuclear grade segment is projected to witness steady growth during the forecast period. Attributing to characteristics, such as faster performance and versatility, demand for nuclear grade is rapidly increasing in North America and Western Europe.
Global Boron Carbide Market: Forecast by Application
This segment consists of abrasives, nozzles, armour/nuclear and Others.
Nozzles and Armour Application Segments to Capture 40.5% Revenue Share Collectively
Nozzles and armour application segments are estimated to grow at slower growth rates and are anticipated to account for a collective share of 40.5% in 2017. Abrasives is expected to show good signs of growth over the forecast period. Abrasive are highly used in industrial equipment manufacturing and automotive sectors for fine gridding, effective lapping, nonferrous metals, titanium, hard metals and ceramic glasses.
Request and Download Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-3945
Global Boron Carbide Market: Forecast by Product Type
On the basis of product type, global boron carbide market is segmented into powder, grains and paste.
Powder Segment Generated US$ 57.0 Mn in Sales in 2016
In terms of value and volume, powder and grain segments together are expected to hold the majority share in the global boron carbide market throughout the forecast period. Powder segment was accounted for US$ 57.0 Mn in 2016 which was the largest than grains and paste segment in terms of value.
Global Boron Carbide Market: Forecast by Region
The seven regions of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA are covered in this report.
APEJ, Latin America, and MEA to Witness Strong Growth during the Forecast Period
In terms of innovation, China is estimated to remain the centre of the world for production of boron carbide. The market is largely influenced by investments in the Asia Pacific region. New establishments in APEJ, impact the growth of the boron carbide market. The Latin America boron carbide market is estimated to be valued at US$ 36.2 Mn by 2017 end, increasing at a CAGR of 4.7% between years 2017 and 2027
Buy Full Boron Carbide Market Report@ https://www.futuremarketinsights.com/checkout/3945
Global Boron Carbide Market: Competitive Landscape
3M Company, ABSCO Limited, Advanced Abrasives Corporation, American Elements, Bhukhanvala Industries Pvt. Ltd., China Mudanjiang Chenxi Boron Carbide Co. Ltd, Dalian Jinma Boron Technology Group Co. Ltd (Dalian Jinma Group), Dalian Zhengxing Abrasive Co. Ltd., Dunhua Zhengxing Abrasive Co. Ltd., Dynamic-Ceramic Limited (CoorsTek), Feldco International, Electro Abrasives LLC, H.C. Starck GmbH, Saint-Gobain S.A, Sigma-Aldrich Co. LLC. (Merck Group), Songshan Specialty Materials Incorporated, UK Abrasives, Inc, and Washington Mills North Grafton, Inc. are some of the key manufactures that are included in this report.
About Us –
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Boron Carbide Market is Expected to Expand at a CAGR of 4.4% by 2027 here
News-ID: 740379 • Views: 270
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Boron
Global Boron Nitride and Boron Carbide Market Analysis, 2014-2025
The global Blister and Other High Visibility Packaging market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Blister and Other High Visibility Packaging volume and value at global level, regional level and company level. From a global perspective, this report represents overall Blister and Other High Visibility
Boron Market Growth Latest Report 2018 | Top Manufacturers Analysis – Boron Sp …
Adroit Market Research offers 2018 report on “Boron Market 2025” that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2025. About the Boron Market: One of the major factors driving the boron market growth is increasing demand for electronic products and rising penetration of fiberglass in markets predictably held by steel
Boron Compounds Market Global Briefing 2020
A recent report published by Transparency Market Research pegs the value of the global boron compounds market at US$1.98 bn in 2013. The market, according to the report, is likely to reach an estimated valuation of US$3.15 bn by the end of 2020. If the figures hold true, the market will exhibit a positive CAGR of 6.9% during the aforementioned forecast period. The report is titled “Boron Compounds Market -
Boron Oxide Market Professional Survey Report 2023
Boron Oxide is a white, glassy and brittle solid commonly marketed under the name anhydrous boric acid. Boron oxide is also known as boric oxide, boron trioxide, diboron trioxide and boria. Boron oxide has several applications and used as a raw material or additive in different material production process. Boron oxide is used as a fluxing agent for glass and enamels. Boron oxide is also used as the main chemical
Boron Carbide Market- Economy Scenario 2025
Global Boron Carbide Market: Overview Boron carbide finds usage chiefly as an abrasive across a number of applications across industrial as well as commercial sectors. Owing to properties such as high shock resistance, high abrasion resistance, an amazing level of hardness, low thermal conductivity and high resistance to wear and tear, the material has vast uses in the manufacturing sector. It is also used in nuclear reactors as absorbent of neutrons
Innovation Benchmarking in Boron Nitride Market 2025
Boron nitride is an inorganic compound with a flat, hexagonal crystal similar to graphite, but with carbon atoms replaced by boron and nitrogen atoms. Chemical formula of boron nitride is BN. Boron nitride can also be in cubic form, wherein alternately linked boron and nitrogen atoms form a tetrahedral bond network similar to carbon atoms in diamond. Cubic boron nitride, c-BN, is the second hardest material after diamond; however, it