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    Super Hard Materials Market Report

    Super Hard Materials Market Report
    Report code - SR1250 Delivery - 2 Weeks
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    Super-hard Materials Market Size, Share, Trend, Forecast, & Industry Analysis – See more...

    Impact of COVID-19 on Super Hard Materials Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Super Hard Materials Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Super-hard Materials Market is likely to witness a CAGR of 5.2% during the forecast period. Growing manufacturing sector and utilization of the product in major end-user industries including automotive, building & construction, chemical and petrochemicals are the major factors expected to drive the growth of the market. In addition, use of the product for protective coating, metal sheets cutting, etc. in the automotive and transportation industries is expected to fuel the growth of the market during the forecast period.

    Super-hard Materials Market – Snapshot

    Growth

    5.2% for the next five years

    Major Product Type

    Diamond

    Major Form Type

    Composite

    Dominant End-User Type

    Building & Construction

    Region with the highest demand

    Asia-Pacific

    Key Players

    Element Six, Sandvik, ILJIN Diamond, Zhongnan Diamond, Huanghe Whirlwind, JINQU Super-hard, Sumitomo Electric Industries, FUNIK, SF-Diamond, Zhengzhou Zhong Peng, Besco Superabrasives, Yalong Super-hard Materials, CR GEMS, and Anhui HongJing.

    Segments' Analysis

    Super-hard-Materials-Market-Dominant-Segments

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    Super-hard Materials Market Share: By Product Type

    Based on the product type, the market is segmented as diamond, cubic boron nitride, and others. Diamond generated substantial revenue in 2020 and covers over half of the total market. The segment is estimated to maintain its dominance during the forecast period as well. The growth of the segment is owing to the product being majorly used for grinding, cutting, and machining materials including titanium alloys, cemented carbides, ceramics, quartz stone, asphalt, glass, etc. These are also used in dressers, drill bits and wire drawing dies.

    Super-hard Materials Market Share: By Form Type

    Based on the form type, the market is segmented as monocrystalline, polycrystalline, composite, and others. Composite form type is expected to remain the largest segment of the market owing to the increasing use of super-hard composites to manufacture stealth aircraft and automotive body parts.

    Super-hard Materials Market Share: By End-User Type

    Based on the end-user type, the market is segmented as automotive & transportation, building & construction, chemicals & petrochemicals, drilling, mining & quarrying, electrical & electronics, and others. The building & construction end-user type is estimated to account for the major share of the market during the forecast period on account of rising urbanization driven by the increasing middle- and high-income population, especially in the Asia-Pacific region. On the other hand, the electrical & electronics industry is also estimated to register significant growth in the market over the forecast period as super-hard materials are used for the manufacturing of heat conductors, high-power transistors, optics and optoelectronics.

    Super-hard Materials Market Share: By Region

    In terms of regions, Asia-Pacific dominated the super-hard materials market in 2020, and is estimated to continue its leading position during the forecast period as well. The region’s growth is owing to the rising chemical and petrochemical industries in South Korea, India, and the Southeast Asian countries. The Asia-Pacific region is followed by North America and Europe. Improvements in economy, increasing manufacturing activities, and growing demand for machine tools used for industrial applications in North America and Europe drive the super-hard materials market in the respective regions.

    Super-hard-Materials-Market-By-Region

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    Market Scope & Segmentation

    Super-hard materials are materials that possess a hardness level exceeding 40 gigapascals. They find applications in various industrial processes such as abrasives and polishing and cutting wear-resistant tools and protective coatings.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Super-hard Materials Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The super-hard materials market is segmented into the following categories.

    Super-hard Materials Market Size, Share, & Forecast, by Product Type:

    • Diamond (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cubic Boron Nitride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Super-hard Materials Market Size, Share, & Forecast, by Form Type:

    • Monocrystalline (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polycrystalline (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Composite (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Super-hard Materials Market Size, Share, & Forecast, by End-User Type:

    • Automotive & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemicals & Petrochemicals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Drilling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mining & Quarrying (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Super-hard Materials Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Super-hard-Materials-Market-Segmentation

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    Key Players

    Some of the key players in the super-hard materials market are-

    • Element Six
    • Sandvik
    • ILJIN Diamond
    • Zhongnan Diamond
    • Huanghe Whirlwind
    • JINQU Super-hard
    • Sumitomo Electric Industries
    • FUNIK
    • SF-Diamond
    • Zhengzhou Zhong Peng
    • Besco Superabrasives
    • Yalong Super-hard Materials
    • CR GEMS
    • Anhui HongJing.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the form types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The super-hard materials market is expected to witness an impressive growth of 5.2% CAGR in the foreseeable future.

    Element Six, Sandvik, ILJIN Diamond, Zhongnan Diamond, Huanghe Whirlwind, JINQU Super-hard, Sumitomo Electric Industries, FUNIK, SF-Diamond, Zhengzhou Zhong Peng, Besco Superabrasives, Yalong Super-hard Materials, CR GEMS, and Anhui HongJing are among the key players in the super-hard materials market.

    Diamond is expected to maintain its dominance in the super-hard materials market in the coming years.

    Composite form type is expected to remain the largest segment in the super-hard materials market during the next five years.

    The building & construction end-user type is expected to account for the major share in the super-hard materials market in the next five years.

    Asia-pacific is expected to continue its leading position in the super-hard materials market during the forecast period.

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