Title: Super-Hard Materials industry analysis research and trends report for 2017-2024
1Super-Hard Materials Market Price, Industry
Outlook Forecast 2017-2024
2Global Market Scenario of Super-Hard Materials
Industry
- Global Super-Hard Materials Market size is
expected to grow at a moderate rate from 2017 to
2024 due to its use in various industrial
appliances such as cutting tools, abrasives,
grinding, wear-resistant coatings, and other
protective coatings. - Super-hard materials market will be boosted by
the product use in budding industries such as
chemical processing and automotive. Global
chemical sales in 2013 was around USD 5 trillion
and has been increasing at almost double rate in
the last decade. Automotive industry is also
expected to grow at a favorable rate during this
period. - Growing population and increased industrial
activities has increased the power demand in many
regions of the world. This will positively
influence the super-hard materials market in the
coming years as the product is used in
alternative energy production and power
generation industries.
3 Continue
- By product types, super-hard materials market is
segmented as diamond, cubic boron nitride, and
other materials such as carbon nitrides, metal
borides, boron sub oxide, etc. Diamond is an
extremely hard material with high thermal
conductivity and electrical insulation. - Reasons to Buy This Report
- 1. Super-Hard Materials Market size
share forecast by product application,
2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Super-Hard Materials Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Cubic boron nitride has a significant share of
the market and its insolubility in iron and other
metal alloys make it more useful than diamond for
industrial applications. Its mechanical and
chemical robustness will likely drive the
super-hard materials market for this product
type. - Super-hard materials market is segmented
according to product as monocrystalline,
polycrystalline, and composite materials.
Monocrystalline materials include diamond and
cubic boron nitride and occupies a substantial
share of the super-hard materials market.
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Research Methodology
5Regional Insights
- Asia Pacific, North America, Europe, Middle East
Africa and Latin America are the five regions
that the super-hard materials market has been
segmented. Asia Pacific is a significant market
for the product owing to growing chemical
processing, automobile and construction
industries in this region. -
- North America and Europe super-hard materials
market also has a substantial share and this is
likely to increase owing to high growth in power
generation, electronics and transportation
industries. - Latin America and Middle East Africa market for
the product will likely increase at a healthy
rate due to improving economic condition of
people in these regions are fuelling the growth
of construction, automobile and chemical
processing industries.
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6Competitive Insights
- Key players in super-hard materials market are
- Zhengzhou Sino Crystal Diamond Company, Zhongnan
Diamond Company, Henan Huanghe, SF Diamond Bosun
Tools, Zhengzhou New Asia Superhard Material
Composite Company, Henan Yalong Diamond Tools
Company, KingDream Public, Sumitomo Electric
Industries, Sandvik Group, Shenzhen Haimingrun
Industrial Company, Advanced Technology
Materials Company, Monte Bianco Diamond
Applications Company, King strong Material
Engineering, CR Gems Diamond Company, Funik
Ultrahard Material Company.
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