Boron Carbide (CAS 12069-32-8) is a ceramic material with a chemical formula of B4C. It is an extremely hard material, ranking third behind diamond and cubic boron nitride on the Mohs scale, and is used as an abrasive in many industries. Boron Carbide is also used as a neutron absorber in nuclear reactors due to its high atomic mass and its ability to absorb neutrons without forming long-lived radionuclides. It is also used in the manufacture of ballistic armor and tank armor, and is employed as a thermal and electrical conductivity enhancer in ceramics, glass and refractory materials.
Boron Carbide is produced by reacting carbon with boric acid at temperatures between 2000 and 2500 degrees Celsius. It is available in both powder and block forms, and is used as an additive in abrasives, as a material for coatings, and as a component in brake pads and armor.
The global market for Boron Carbide is expected to grow steadily in the coming years, driven by increasing demand from the aerospace, automotive and military industries. The use of Boron Carbide as an abrasive material is also expected to grow due to its superior hardness and wear resistance compared to other abrasive materials. Additionally, the increasing use of Boron Carbide in the construction of ballistic armor and tank armor is expected to contribute to the growth of the market.
The global Boron Carbide (CAS 12069-32-8) market was valued at US$ 209.5 million in 2022 and is anticipated to reach US$ 254.2 million by 2029, witnessing a CAGR of 2.8% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Boron Carbide (CAS 12069-32-8) Market available at: https://www.themarketreports.com/report/global-boron-carbide-cas-12069-32-8-market-research-report
This report aims to provide a comprehensive presentation of the global market for Boron Carbide (CAS 12069-32-8), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Boron Carbide (CAS 12069-32-8).
The major global companies of Boron Carbide (CAS 12069-32-8) include 3M, JSC “Zaporozhabrasive”, Washington Mills, H.C. Starck, Mudanjiang Jingangzuan Boron Carbide, Dunhua Zhengxing Abrasive, Mudanjiang Qianjin Boron Carbide, Zhengzhou Yingcheng Technology, Songshan Boron Technology, Dalian Zhengxing Abrasive, Mudanjiang Hongda Boron Carbide etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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