Global Diboride Chromium Market Growth 2023-2029

Global Diboride Chromium Market Growth 2023-2029

Product Code:450801

Published Date: Feb 08,2023

Pages: 98

Region: Global

Category: Chemical & Material

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Diboride chromium is a gay powder. For the Cr–B system, six chromium borides (Cr2B, Cr5B3,CrB, Cr3B4, CrB4 and CrB2), among them, CrB2 is the most stable compound with a melting point of 2200 oC and is a potential candidate as the structural material, hard coating on cutting tools, and protective layer on mechanical parts to resist wear and corrosion.

LPI (LP Information)' newest research report, the “Diboride Chromium Industry Forecast” looks at past sales and reviews total world Diboride Chromium sales in 2022, providing a comprehensive analysis by region and market sector of projected Diboride Chromium sales for 2023 through 2029. With Diboride Chromium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diboride Chromium industry.

This Insight Report provides a comprehensive analysis of the global Diboride Chromium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Diboride Chromium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Diboride Chromium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diboride Chromium and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Diboride Chromium.

The global Diboride Chromium market size is projected to grow from US$ 8 million in 2022 to US$ 13 million in 2029; it is expected to grow at a CAGR of 13 from 2023 to 2029.

The global producers of chromium diboride are H.C. Starck, Treibacher Industrie AG, Materion Corporation, Japan New Metals and Unichim. The top 1 manufacturer hold a market share of about 60%. Europe is the largest market.In terms of product, 2N is the largest segment, with a share over 75%. And in terms of application, the largest application is sputtering target, followed by wear-resistant component.

This report presents a comprehensive overview, market shares, and growth opportunities of Diboride Chromium market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    2N
    3N

Segmentation by application
    Sputtering Target
    Wear-Resistant Component
    Fire-Proof Materials
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    H.C. Starck
    Treibacher Industrie AG
    Materion Corporation
    JAPAN NEW METALS
    Unichim
    Micron Metals
    Baoding Zhongpuruituo Technology
    Jiangxi Ketai New Materials
    Guanjinli

Key Questions Addressed in this Report
What is the 10-year outlook for the global Diboride Chromium market?
What factors are driving Diboride Chromium market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Diboride Chromium market opportunities vary by end market size?
How does Diboride Chromium break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?