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Nano Boron Carbide Market Analysis Report, Share, Growth,
Trend, and Forecast, 2024: Global Market Insights Inc.
Global Nano boron carbide market is moderately fragmented. Some key players
include Element Six, 3M Company, Saint-Gobain, Momentive, Starck, Dalian
Zhengxing Abrasive Co., Beijing ZhengdaHuayi Boron Carbide Products Co., and
hengzhou Zhendong Technology.
Nano Boron Carbide Market size is mainly driven by increasing application outlook in
metal, biological and chemical industry.
It is a fine black powder consists of boron carbide particles sizing approximately over
40 nm in diameter. Nano boron carbide is used in various industries attributing to its
hardness, unique neutron interaction, high temperature resistant and self-lubrication
characteristics. Nano boron carbide is manufactured in heat furnace at by using
petroleum coke and boric acid as key raw materials. The process can convert only
15% charge into boron carbide.
Nano boron carbide has strong application in hard metal industry tools & machine components
production owing to its attributes such as extreme hardness and chemical resistance. Global
metal industry is expected to size over USD 2,500 billion during forecast timeframe with gains
at over 5%. Its extensive used as abrasive in cutting tools and dies is likely to propel industry
Nano boron carbide is used as a degrader in conventional brain cancer radiotherapy. It can
curb protons energy released during process without scattering. Graphite being its substitute
is not efficient in screening the energy. Global cancer therapy market may grow at over 20%
reaching USD 55 billion by 2024 which might drive product demand owing to rising prevailing
brain tumors incidences.
Nano boron carbide has major significance in nuclear application due to its high neutron
absorption quality used in nuclear shielding It is used as an additive to concrete for
constructing nuclear plants and as protective coating over nuclear shielding panels & reaction
control rods. Global nuclear energy demand exceeded 2500 TW-h in 2016 and might grow at
a rate of over 5% driving product demand during forecast period.
Browse Full Report @ https://www.gminsights.com/industry-analysis/nano-boroncarbide-market
At Global Market Insights, our researchers and domain experts use a unique blend of primary
and secondary research, with validation and iterations at every stage, in order to minimize
deviation and present the most accurate analysis of the industry. The research process begins
with extensive data mining, using authentic sources such as trade magazines, technical
publications, independent studies along with paid avenues such as ICIS, Hoovers,
etc. Primary objectives of data mining include:
Definition and scope of research
Market dynamics, growth drivers and industry pitfalls
Regulatory and political guidelines for the industry
Demographics and statistical data
Nano Boron Carbide Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Nano Boron Carbide Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. Competitor Profiles
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy and
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