The global Boron Carbide market size is US$ 347.21 million in 2020 and is projected to exhibit a CAGR of 4.9% from 2021 to 2027. Growing consumer demand for abrasives for slurry pumping nozzles, waterjet cutting, grit blasting, polishing and lapping applications are key factors driving the growth of the global boron carbide market. Another factor supporting the growth of the boron carbide market over the next few years is increasing annual defense spending in several countries to obtain advanced ballistic weapons capable of withstanding the impact of bullets (bullet vests), fragments and missiles.
A full report of Boron Carbide Market available at https://www.orionmarketreports.com/boron-carbide-market/10421/
Major Players: Saint-Gobain S.A., 3M, H.C. Starck GmbH, Washington Mills, KYOCERA Corporation, Dynamic-Ceramic Limited, Bhukhanvala Industries, UK Abrasives, Inc., Dalian Jinma Boron Technology Group Co., Ltd, Shanghai Vital Industry Co. Ltd.
Boron Carbide Market: Segmentation
By Grade
• Abrasive Grade
• Nuclear & Defense Grade
By Type
• Powder
• Paste
• Grains
By Application
• Industrial
• Nuclear
• Defense
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