Global Boron Doped Diamond Electrode Market Predicted to Grow with the CAGR of 7% in 2020-2026 - QY Research Report
A new report named Global Boron Doped Diamond Electrode (BDD) Market Insights and Forecast to 2026 has been published by QY Research. According to QY Research, the global boron doped diamond electrode (BDD) market was valued at US$ 5.15 million in 2019 and it is expected to reach US$ 7.49 million by the end of 2026, growing at a CAGR of 7.0% during 2020-2026.
Global Boron Doped Diamond Electrode Market- Key Players
Neocoat, Condias, SP3 Diamond Technologies, IKA, Pro Aqua, Metrohm, are some of the key players, functioning in the global Boron Doped Diamond Electrode market. The market is concentrated with the top 5 players holding more than 60% share globally. Neocoat is the largest player globally and the company accounted for 17.23% production share in 2019.
Global Boron Doped Diamond Electrode Market: Market Driver Analysis
The boron doped diamond electrode (BDD) is an electrode which has excellent material characteristics. It has the largest electro-chemical potential window in aqueous solutions as compared to traditional electrodes. Boron doped diamond (BDD) is continuing to find numerous electrochemical applications across a diverse range of fields due to its unique properties, such as having a wide solvent window, low capacitance, and reduced resistance to fouling and mechanical robustness.
Global Boron Doped Diamond Electrode Market: Segmental and Application Analysis
The market is segmented into two product types. One is Based on Non-metal Substrates and the other is Based on Metal Substrates. Nearly 70% BBD belongs to the type of Non-metal Substrates.
For its application, BBD can be used in many fields, such as Water Treatment, Electro Analytical, Electro-synthesis and so on. Water treatment is the most widely consumption industry.
Global Boron Doped Diamond Electrode Market: Regional Analysis
In the report, North America, Europe, China, Japan, South Korea are analyzed. From the view of region, North America have a larger market share in 2019 which account for 39.41%, and will witness a stable growth in following years. Europe and China hold a market share of 35.32% and 9.89% will still play an important role which cannot be ignored. Any changes from Europe and Asia-Pacific might affect the development trend of Boron Doped Diamond Electrode. Other Regions also play important roles in global market, but it will witness the comparatively big market share in the future.
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