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.
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 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
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 2014-2018 and forecast data 2019-2025; 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.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Boron Carbide (CAS 12069-32-8) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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
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
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Boron Carbide (CAS 12069-32-8) market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Boron Carbide (CAS 12069-32-8) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Boron Carbide (CAS 12069-32-8) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Boron Carbide (CAS 12069-32-8) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Boron Carbide (CAS 12069-32-8) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Boron Carbide (CAS 12069-32-8) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Boron Carbide (CAS 12069-32-8) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Boron Carbide (CAS 12069-32-8) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.