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Boron Carbide Market, Global Outlook and Forecast 2023-2030

The global Boron Carbide market was valued at US$ 215.6 million in 2022 and is projected to reach US$ 269.7 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Boron Carbide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Boron Carbide. This report contains market size and forecasts of Boron Carbide in global, including the following market information:

• Global Boron Carbide Market Revenue, 2018-2023, 2024-2032, ($ millions)
• Global Boron Carbide Market Sales, 2018-2023, 2024-2032, (K MT)
• Global top five Boron Carbide companies in 2022 (%)

Global boron carbide (CAS 12069-32-8) key players include 3M,JSC "Zaporozhabrasive", etc. Global top 5 manufacturers hold a share over 55%.
Asia-Pacific is the largest market, with a share about 45%, followed by Americas and Europe, both have a share about 50 percent.In terms of product, acrylic binder is the largest segment, with a share over 65%. And in terms of application, the largest application is abrasive powder, followed by micro powder.
We surveyed the Boron Carbide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Boron Carbide Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Boron Carbide Market Segment Percentages, by Type, 2022 (%)

• Powder
• Grains
• Paste

Global Boron Carbide Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Boron Carbide Market Segment Percentages, by Application, 2022 (%)

• Abrasives
• Nozzles
• Armour/Nuclear
• Other

Global Boron Carbide Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Boron Carbide Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Boron Carbide revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Boron Carbide revenues share in global market, 2022 (%)
Key companies Boron Carbide sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Boron Carbide sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• 3M
• ABSCO Limited
• Advanced Abrasives Corporation
• American Elements
• Bhukhanvala Industries Pvt.
• China Mudanjiang Chenxi Boron Carbide,Ltd
• Dalian Jinma Boron Technology Group ,Ltd (Dalian Jinma Group)
• Dalian Zhengxing Abrasive,
• Dunhua Zhengxing Abrasive,
• Dynamic-Ceramic Limited (CoorsTek)
• Feldco International
• Electro Abrasives
• H.C. Starck
• Saint-Gobain S.A

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Boron Carbide, market overview.
• Chapter 2: Global Boron Carbide market size in revenue and volume.
• Chapter 3: Detailed analysis of Boron Carbide manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Boron Carbide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Boron Carbide capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.