Boron Carbide Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
Boron Carbide Market is forecast to reach $143.2 million by 2025, after growing at a CAGR of 3.6% during 2020-2025. Increasing consumer demand in abrasives for slurry pumping nozzles, water jet cutting, grit blasting, and polishing & lapping applications are key factors driving the growth of the global boron carbide market. Another factor that supports the growth of the boron carbide market in the coming years is growing annual defense spending by various countries to acquire high-tech anti-ballistic weapons that can withstand the impact of bullets (bulletproof vests), shrapnel, and missiles. The widespread use of high-precision cutting tools and the resulting rise in super abrasive demand would promote the use of cubic boron nitride as a substitute for industrial diamonds.The report covers Boron Carbide Market size by type and Applications, Boron Carbide Market share by top 5 companies and also the market share by start-ups during the forecast period. Report Coverage The re...