Super Hard Materials Market

Super Hard Materials Market Overview

Super hard materials are defined as the materials who sehardness valueis more than 40 gigapa scal (GPa) when estimated by Vickers hardness test. The hardness of such material is related to its elasticity, in compressibility, and resistance to change in shape.Super hard material is classified into two groups intrinsic and extrinsic group. The intrinsic type comprises of cubic boron nitride (c-BN), diamond, carbon nitrides & ternary compounds, and extrinsic type includes nanocrystalline diamond, which bears super hardness and other mechanical properties when compared with intrinsic group materials. These materials have high shear modulus, bulk modulus, and does not show plasticity. Super hard materials are synthesized under high-pressure and high-temperature by optimizing energy and in expensive materials.

Increase in usage of super hard materials in the different end-use industries owing to its hardness, incompressibility, elasticity, and resistance to change shape are expected to increase the demand for global super hard materials market. In addition, proliferating demand for super hard materials in the industrial operations, such as cutting, turning,boring, and drilling owing to its scratch resistance and ability to shape any material are anticipated to enhance the demand. Further, usage of super hard materials in the petroleum down stream process is expected to drive the market growth. However, high removal costof graphite and brittles carbides deposit on the metal surface during high-speed cutting process is expected to hamper the market growth. Moreover, development of super hard materials with improved mechanical properties are anticipated to create new opportunities over the upcoming period.

The super hard materials market is segmented into type, form, cover, application, end user, and region.By type, the market is bifurcated into intrinsic and extrinsic. By form, the market is divided into monocrystalline, polycrystalline and composite. By cover, the market is differentiated into cubic boron nitride (CBN), micron diamond, polycrystalline diamond (PCD), and polycrystalline cubic boron nitride (PCBN). By application, the market is classified into shipbuilding, saw blades, diamond disc, diamond drill bits, cutting tools and others. By end user, the market is categorized into stone & construction, chemical processing, automotive, composite polycrystalline tool and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa).

Some of the key players operating in the global super hard materials market are Element Six, Sandvik Group, ILJIN Diamonds, Zhongnan Diamonds, Huanghe Whirlwind, Sino-Crystal Diamond, SF-Diamond, Yalong Super Hard Materials, Tomei Diamonds, Zhecheng Hongxiang Superhard Material Co., Ltd.,andothers.

Key Benefits for Stakeholders

• The global super hard materials market size has been analyzed across four major regions.

• Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario for strategy building.

• The report outlines the current market trends and future scenario of the market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets. 

• Major countries in each region have been mapped according to their individual revenue contribution to the regional market.

• The key drivers, restraints, opportunities, and trends along with their detailed impact analysis are elucidated in the study.

Scope of the Report:

Key Market Segmentation:

Questions answered in the global super hard materials market research report:

• What is the growth rate of the market during the forecast period?

• What will be the global super hard materials market size from 2020 to 2027?

• Who are the leading manufacturing companies in the market?

• How the major current trends will shape the global super hard materials market in the future?

• What are the driving factors and opportunities in the market?

• Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?

 Super Hard Materials Market Report Highlights