The global Diboride Chromium market was valued at 123 Million USD in 2021 and will grow with a CAGR of 15.54% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Diboride chromium is a gay powder. For the Cr-B system, six chromium borides (Cr2B, Cr5B3,CrB, Cr3B4, CrB4 and CrB2), among them, CrB2 is the most stable compound with a melting point of 2200 oC and is a potential candidate as the structural material, hard coating on cutting tools, and protective layer on mechanical parts to resist wear and corrosion.The top five global producers of chromium diboride are H.C. Starck, Treibacher Industrie AG, Materion Corporation, Japan New Metals and Unichim, with a combined market share of about 73%. Europe is the largest consumption market. The consumption shares of China, USA, Europe and Japan are 13%, 25%, 43% and 16%.

By Market Verdors:

H.C. Starck

Treibacher Industrie AG

Materion Corporation

JAPAN NEW METALS

Unichim

Micron Metals

Baoding Zhongpuruituo Technology

Jiangxi Ketai New Materials

Guanjinli

By Types:

Ultra-Pure Diboride Chromium

High Grade Diboride Chromium

Better Quality Diboride Chromium

By Applications:

Sputtering Target

Wear-Resistant Component

Fire-Proof Materials

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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