Global Superhard Materials Market to Reach $14.7 Billion by 2030
The global market for Superhard Materials estimated at US$8.1 Billion in the year 2022, is projected to reach a revised size of US$14.7 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Cemented Carbides, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$4.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ceramics segment is readjusted to a revised 8% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 12.3% CAGR
The Superhard Materials market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.Select Competitors (Total 172 Featured) -
- 3M Company
- 3M Technical Ceramics GmbH
- Abrasive Technology, Inc.
- Ceradyne, Inc.
- COI Ceramics, Inc.
- CoorsTek, Inc.
- Deutsche Edelstahlwerke GmbH
- Diamant Boart S.A.
- Element Six
- H.C. Starck GmbH
- Kennametal, Inc.
- Morgan Technical Ceramics
- Mudanjiang Jingangzuan Boron Carbide
- Novatek, Inc.
- Sandvik AB
- Sumitomo Electric Hardmetal Corporation
- U.S. Electrofused Minerals, Inc
- US Synthetic Corp.
- ZYP Coatings, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- 3M Technical Ceramics GmbH
- Abrasive Technology, Inc.
- Ceradyne, Inc.
- COI Ceramics, Inc.
- CoorsTek, Inc.
- Deutsche Edelstahlwerke GmbH
- Diamant Boart S.A.
- Element Six
- H.C. Starck GmbH
- Kennametal, Inc.
- Morgan Technical Ceramics
- Mudanjiang Jingangzuan Boron Carbide
- Novatek, Inc.
- Sandvik AB
- Sumitomo Electric Hardmetal Corporation
- U.S. Electrofused Minerals, Inc
- US Synthetic Corp.
- ZYP Coatings, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 338 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 7.5 Billion |
Forecasted Market Value ( USD | $ 11.8 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |