Boron Nitride and Boron Carbide Global Market Set to Reach 2,771 Metric Tons By 2012

Boron Nitride (BN) is a synthetic ceramic exhibiting high refractory quality. Boron Carbide is widely recognized as an abrasive material.

The material is almost as hard as diamond and is also referred to as "Black Diamond". Latest tools and technologies are being used in the engineering sector for cutting and machining applications. Tools, which were earlier making use of hard materials such as diamond, are now using substitute materials such as CBN and polycrystalline boron nitride (PCBN). Technology coupled with R&D activity is enabling new product innovation as well as identification of emerging applications. New processing and fabrication technologies such as microwave plasma, jet plasma, interactive laser technique, and fullerenes based production of nanocrystalline diamond films are changing the market scenario for diamond and diamond like materials.

The US market for boron nitride & boron carbide represents the largest worldwide, with consumption estimated at 793 metric tons for 2008 as stated by Global Industry Analysts, Inc. United States, Europe and Japan, collectively account for over 90 percent of the global boron carbide and boron nitride market. Consumption of boron nitride in Europe is projected to reach 430 metric tons by 2010. Boron carbide market in Japan is expected to record a CAGR of nearly 3.25% over the period 2000-2010.

The global marketplace includes participants such as Ceradyne Inc, Denki Kagaku Kogyo Kabushiki Kaisha, Electro Abrasives Corporation, H.C. Starck Gmbh & Co KG, Momentive Performance Materials Inc., Mudanjiang Jingangzuan Boron Carbide Co, Saint-Gobain Advanced Ceramics Corp, Shin-Etsu Chemical Co Ltd, Showa Denko KK, Sumitomo Electric Hard Metal Corp, and Washington Mills Electro Minerals Company.

"Boron Nitride and Boron Carbide: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product profile, players, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan and Europe. Analytics are provided for the period 2000-2015, in terms of product segments including boron carbide and boron nitride.

Posted April 16th,2008

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