Titanium Diboride Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: H.C.Starck, Momentive, 3M, PENSC

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Titanium Diboride Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.1% during the review period (2022 to 2027).

Titanium Diboride Market Overview

Titanium diboride (TiB2) is well known as a ceramic material with relatively high strength and durability as characterized by the relatively high values of its melting point, hardness, strength to density ratio, and wear resistance. Titanium diboride has applications in the areas including cutting tools, crucibles, armor, wear-resistant coatings, and neutron absorbers among others. The major application of titanium diboride is as evaporation boats for vapor coating of aluminum. The aluminum industry is the major consumer of titanium diboride. It is used as a raw material that is used in refining the grain size while casting aluminum alloys. Titanium diboride also acts as a corrosion resistor. Thin films of titanium diboride are used to provide corrosion and wear resistance to a tough or a cheap substrate. It is used as a component in special ceramic composites, as a component for refractories, electrode material in electrolysis cells in aluminum, etc.

Titanium Diboride (TiB2) are gaining broad spread acceptance for automotive, industrial, and aerospace applications because of its low density, high strength, and strong structural rigidity. It also helps to protect equipment against wear from chemical attack, extreme heat and high pressures resulting in increasing demand from ceramic manufacturing, aluminum industry, plant engineering, chemical processing, and construction industries driving the market growth.

Who are the Major Players in Titanium Diboride Market?

Top Key players in the Titanium Diboride Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Titanium Diboride Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes H.C.Starck, Momentive, 3M, PENSC, Longji Tetao, Kennametal, Dandong Rijin, Orient Special Ceramics, Japan New Metals, Sinyo, Eno Material, Treibacher Ind, DCEI, Materion, Jingyi Ceramics and others.

Industry Development:

AMG ADVANCED METALLURGICAL GROUP N.V. ACQUIRES TITANIUM MASTER ALLOYS PRODUCER INTERNATIONAL SPECIALTY ALLOYS

Amsterdam, 9 October 2019— AMG Advanced Metallurgical Group N.V. is pleased to announce the signing of a definitive agreement with Kennametal, Inc. to acquire the assets of International Specialty Alloys ("ISA").

"The acquisition of ISA provides AMG Titanium Alloys and Coatings with an excellent opportunity to increase its market position in these key products for the aerospace market in North America and Europe," said Mr. Guido Loeber, President of AMG Technologies.

What are the major Applications, Types and Regions for Titanium Diboride Market?

The titanium Diboride Market is segmented based on the type, applications, companies and regions.

By Type, Titanium Diboride Market has been segmented into 

• Carbotherm al reduction method


• Self-propagating Reaction?SHS?


• Other

The end user’s industry application on Titanium Diboride Market is, 

• Electrically Conductive/Composite Ceramics


• Cathodes for Aluminum Smelting


• Refractory Components


• Cutting Tools


• Others

Titanium Diboride Market Regional Analysis:

North America, Europe, Asia Pacific and the Rest of the World (RoW) are the major segments for the global titanium diboride market. The Asia Pacific is expected to consume a large volume of titanium diboride owing to the growing demand from the aluminum industry in the region. North America and Europe are also expected to boost demand for titanium diboride due to the rising demand from the end-user and automobile industries in the regions.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Titanium Diboride Market report scope?

Key Takeaways from this Titanium Diboride Report

• Evaluate Titanium Diboride market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Titanium Diboride market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Titanium Diboride Market is studied from 2017 - 2027.

What is the growth rate of Titanium Diboride Market?

The Titanium Diboride Market is growing at a CAGR of 4.1% over the next 5 years.

Who are the leading key players in Titanium Diboride Market?

H.C.Starck, Momentive, 3M, PENSC, Longji Tetao, Kennametal, Dandong Rijin, Orient Special Ceramics, Japan New Metals, Sinyo, Eno Material, Treibacher Ind, DCEI, Materion, Jingyi Ceramics and others.

What regions do this Titanium Diboride Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What is the significant Types of Titanium Diboride Market?

Carbotherm al reduction method, Self-propagating Reaction?SHS?, Other

What is the significant Applications of Titanium Diboride Market?

Electrically Conductive/Composite Ceramics, Cathodes for Aluminum Smelting, Refractory Components, Cutting Tools, Others

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