Borides Market set to hit $1298.4 million by 2035, as per recent research by DataString Consulting


Posted April 23, 2025 by Datastring

other key wide areas like abrasive tools production and ceramic industry are expected to push the market to $1298.4 million by 2035 from $676.9 million of 2024.

 
Borides are extensively employed in the manufacture of abrasive tools owing to their exceptional hardness. In particular, cubic boron nitride boride dominates this application due to its extreme hardness, high wear resistance and thermal stability. It contributes to the extended life of grinding wheels and cutting tools, providing unparalleled grinding efficiency and surface finish. Prominent players in this segment, such as Saint-Gobain and 3M, leverage the strengths of borides in their high-performance and technologically advanced tools, solidifying their market position. Variouss of borides, including silicon boride and aluminum boride, have gained considerable prominence in the ceramics industry. Their unique properties such as high temperature resistance, durability, and strength make them popular in this sphere. Silicon boride, especially, is utilized in the production of protective coatings for ceramics where it boosts corrosion resistance and material longevity. Key industry players like CoorsTek and Kyocera harness the power of borides to drive innovation and improve product quality in the ceramic market.

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The advent of advanced manufacturing technologies has significantly impacted the Borides industry. These technologies have facilitated the production of borides at a lower cost and a faster rate than traditional methods, leading to increased availability and efficiency. For example, the aerospace and automotive industries, which rely heavily on borides for component manufacturing due to their hightemperature stability and chemical resistance, have experienced substantial cost and efficiency benefits through these innovations.

Industry Leadership and Strategies

The Borides market within top 3 demand hubs including U.S., China and Germany, is characterized by intense competition, with a number of leading players such as 3M, Advanced Abrasives Corporation, Atlantic Equipment Engineers, Ceradyne Inc., CeramTec, Compagnie de Saint-Gobain, ESK Ceramics, H.C. Starck, Kennametal Inc., Momentive Performance Materials Inc., Treibacher Industrie AG and Washington Mills.. Below table summarize the strategies employed by these players within the eco-system.

This market is expected to expand substantially between 2025 and 2030, supported by market drivers such as growing demand in abrasives industry, innovations in electronic devices, and increasing aerospace applications.

Regional Analysis

The North American region has been characteristic of a significant demand for Borides, owing chiefly to an expanding manufacturing sector. The strong presence of aerospace and automotive industries in countries like the U. S and Canada has intensified the need for Borides due to their extreme hardness and high melting point. Additionally, the electronics industry has emerged as a promising segment, seeking boride components for enhanced thermal conductivity. The competitive landscape in this region is characterized by the presence of established manufacturers like ABSCO and Ceradyne, making the market highly consolidated. Growth drivers in this region, apart from the industrial demand, include increased R&D activities in boride applications and government support towards manufacturing sectors.

Research Study analyse the global Borides market in detail and covers industry insights & opportunities at Product Type (Aluminum, Titanium, Chromium, Others), Industry (Ceramics, Electronics, Coatings, Others) and Application (Aerospace, Automotive, Industrial, Others) for more than 20 countries.

About DataString Consulting

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated April 23, 2025