Skip to main content

Super-hard Material Market: Booming Trends for Downstream Petroleum, Alternative Energy, Aerospace Industries Future Forecast By 2024

The solidity of super-hard material is valued at about 40 giga pascals (GPa). It can be measured using the Vickers test which processes about 40 GPa of hardness of super-hard material including extremely incompressible solids with high bond covalence and electron density. Vickers measurements of various hard materials include diamond at 115 GPa and cubic boron nitride (CBN) at 48. These materials are used in numerous industrial processes such as abrasives and polishing and cutting wear-resistant tools and protective coatings. The hardness of a material depends on its elasticity and incompressibility. 

Super-hard materials are synthesized in high-pressure and high-temperature (HPHT) conditions by optimizing energy and using inexpensive materials. Different end-products of super-hard materials include tool steels, cemented carbides, diamond, and ceramics. Cement carbide is tremendously employed in industrial applications to machine hard materials such as stainless steel and carbon steel. 
The super-hard material market has been segmented by categories into the following: composite super-hard materials, super-hard materials & tools, and mono crystalline super-hard. Composite super-hard materials comprise metal working sheets for cutting tools, oil & gas, and others. Super-hard materials and tools consist of polycrystalline diamond saw blades, diamond drawing dies, diamond discs, diamond cutting tools, and diamond drill bits. Mono crystalline super hard materials include diamond and cubic boron nitride (CBN). 
Super-hard materials feature unique properties such as the ability to scratch and shape any object and are therefore used in a wide array of industrial operations such as cutting, turning, boring, grinding, and drilling. Based on end-users, the market has been divided into the alternative energy, aerospace, chemical processing, automotive, die, mold, electronic, infrastructure, construction, general machining, mining, oil & gas, railroads power generation, shipbuilding, and paper & pulp sectors. 
Increasing demand from downstream petroleum, metal cutting machine tools, and construction boost the demand for super-hard materials. Downstream petroleum industries are developing tremendously in Asia Pacific region, whereas infrastructure and construction are steadily growing in the Middle East region.
Based on type, the market has been segmented into diamond, cubic boron nitride (CBN), and others. Diamond is an extremely hard material with its Vickers measurement falling in the range of 70–150 GPa. Diamond exhibits electrically insulating properties and high thermal conductivity. Synthetic diamond can exist as a small poly crystal and single continuous material. In terms of applications, the market has been classified into the following varieties: cutting tools, coatings, general medicine, sensors, semiconductor fabrication, wear parts polishing stones, subsystem components, construction, composite polycrystalline tools, abrasives categories, and others.  On the basis of region, the market has been distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific is one of the globally leading consumer of super-hard materials. In Asia Pacific, China holds a major share in the super-hard material market and is one of the top manufacturers of manmade diamond. Asia Pacific region is followed by North America and Europe. Improvements in economy, escalating manufacturing activities, and growing demand for machine tools used for industrial applications in North America and Europe drive the super-hard material market.
Key players in the global super-hard material market include Sumitomo Electric Industries, Ltd. (Japan), Sandvik Group (Sweden) , ILJIN (KOREA), Zhongnan Diamond Co., Ltd.(China), Element Six (South Africa), Whirlwind (U.S.), SF Diamond (China), Funik Ultrahard Material Co.,LTD. (China), and Zhengzhou Sino-Crystal Diamond Co., Ltd. (China).
Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid proto...
Post a Comment
Read more