Boron carbide Market - Global Industry Analysis, Size, Share,
Trends, Growth, and Forecasts, 2019 - 2028
Global Boron carbide Market: Snapshot
The global boron carbide market is expected to show colossal growth during the
forecast period of 2019 to 2028. Important factor supporting this estimation is
increased use of boron carbide in industrial, nuclear, and defense industries. Boron
carbide is widely used as an abrasive for industrial and commercial applications. It is
ceramic material produced in an electric arc furnace by reacting carbon and boric
oxide.
An upcoming research report from TMR on the global boron carbide market aims at
presenting in-depth analysis of important elements impacting positively or negatively
on the market growth. Apart from this, it acquaints with steadfast data on volume,
shares, revenues, and key players working in the market for boron carbide. Thus, the
report provides helpful insights of the boron carbide market for the forecast period of
2019 to 2028.
The global boron carbide market is segmented on the basis of various key factors such
as grades, form, application, and region.
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Global Boron carbide Market: Growth Dynamics
Boron carbide is gaining traction in gamut of industries owing to various features it
holds. Incredible hardness, high abrasion resistance, and high resistance to wear,
industrial shock resistance, impact resistance, and low thermal conductivity are some
of the features to name. Owing to all these features, boron carbide is widely used in
the manufacturing sector. This factor is stimulating the growth of the global boron
carbide market.
Growing demand from refractory industry is projected to support the growth of the
global boron carbide market in the forthcoming years. Apart from this, the market for
boron carbide is witnessing increased demand avenues from nuclear, aerospace, and
automotive industries. In nuclear industries, b