In XYZResearch's report,in terms of revenue, Global total consumption value has reached 1022.9 M USD in 2016, which is forecasted to reach 1421.8 M USD in 2022, with a predict CAGR of 5.64% in 2016-2022.
A superhard material is a material with a hardness value exceeding 40 gigapascals (GPa) when measured by the Vickers hardness test. They are highly incompressible solids with high electron density and high bond covalency. As a result of their unique properties, these materials are of great interest in many industrial areas including, but not limited to, abrasives, polishing and cutting tools and wear-resistant and protective coatings.
The classification of Super hard Materials includes Synthetic Diamond and Cubic Boron Nitride, and the revenue proportion of Synthetic Diamond in 2016 was about 91.4%.
Superhard materials are widely used for Composite Polycrystalline Tool, Abrasives and Construction machineries. The downstream market is continuing to expand.
According to the report, Asia-Pacific accounts the biggest market share of the global total superhard materials market, both for production and consumption. In 2016, the production of superhard materials in China was about 15041.8 Million Ct, about 93.08% of total global output. However high end products are still concentrated in Europe and North America area, due to the technology and R&D restrictions.
There are many participants in this market, Element Six, Sandvik, ILJIN Diamond, Zhongnan Diamond, Huanghe Whirlwind and some others are leading the market. There are many more small players scattered around the world.
On the whole market overview, superhard materials are facing a growing demand for most areas. Currently, high grade superhard material accounted for a small proportion of the total, which is a potential development market in the future.
Geographically, global Super Hard Material market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Yalong Superhard Materials
Sumitomo Electric Industries
Zhengzhou Zhong Peng
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Cubic Boron Nitride
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Super Hard Material for each application, including
Stone and Construction
Composite Polycrystalline Tool
Production, consumption, revenue, market share and growth rate are the key targets for Super Hard Material from 2014 to 2026 (forecast) in these regions
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