Product Code: ETC198156 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Boron Carbide Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at -19.96% in 2025, the market steadily declines to -60.11% by 2029.
Boron Carbide (BC) is an extremely hard material produced by reacting carbon with boron trioxide at temperatures as high as 2700?C. It has extreme hardness properties compared to other materials making it ideal for applications in various sectors including aerospace and defense, nuclear power plants, chemical industry etc., leading to its increasing demand across industries worldwide. In India, BC finds extensive use due to its heat resistance properties which makes it suitable for several industrial operations like sand blasting nozzles; metal cutting tools; dies & molds; abrasives; grinding wheels; military armor protection etc., giving rise to increased product demand across the country. Furthermore, owing to stricter environment norms along with rising investments towards advanced research & development activities are some of the factors driving growth of Boron Carbide Market in India during the forecast period.
Growing Demand From End User Industries ??? Increasing adoption of Boron Carbide based components across end user industries such as aerospace & defense sector due to its superior mechanical strength coupled with light weight characteristics will propel growth of global Boron Carbide Market. Government Encouragement To Boost Local Manufacturing ??? With rising government initiatives encouraging local production through tax exemption or subsidies thereby resulting into lower cost production opportunities that would further create lucrative prospects for manufacturers in India contributing significantly towards overall revenue generation within India BFC Industry during forthcoming years.
High Production Cost - High energy requirement along with expensive raw materials used while producing BC hinders company???s profit margin which eventually restricts investment plans limiting potential players willing to enter this segment therefore restricting business expansion opportunities within India BFC Marketplace globally. Unstable nature of generated particles leads difficulty while handling process thus posing safety hazards among workers who come directly into contact especially those working under hazardous environment conditions hence compelling manufacturers undertake stringent internal measures like providing adequate protective gears or uniforms thereby reducing risk exposures encountered by employees.
The major players operating in India Boron Carbide Market are Saint Gobain Abrasives Pvt Ltd., Oerlikon Metco (India) Private Limited., Vesuvius India Private Limited., Morgan Advanced Materials Plc., 3M Company among others. Vendors have been focusing on product innovations and customer service strategies to gain competitive edge over their competitors.
COVID-19 pandemic has had significant impact on the India economy with lockdowns imposed by government leading to decreased consumption levels across various sectors including Automotive and Aerospace industry which are key customers of Boron Carbides resulting into loss of revenues for suppliers operating within this sector.This could also result into temporary halt or slowdown production due to lack of raw material availability owing to disruptions caused by COVID-19 pandemic throughout global supply chain thus affecting overall sales performance during 2025 ??? 2025 fiscal year.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Boron Carbide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Boron Carbide Market Revenues & Volume, 2021 & 2031F |
3.3 India Boron Carbide Market - Industry Life Cycle |
3.4 India Boron Carbide Market - Porter's Five Forces |
3.5 India Boron Carbide Market Revenues & Volume Share, By By Grade, 2021 & 2031F |
3.6 India Boron Carbide Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.7 India Boron Carbide Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Boron Carbide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Boron Carbide Market Trends |
6 India Boron Carbide Market, By Types |
6.1 India Boron Carbide Market, By By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Boron Carbide Market Revenues & Volume, By By Grade, 2021-2031F |
6.1.3 India Boron Carbide Market Revenues & Volume, By Abrasive Grade, 2021-2031F |
6.1.4 India Boron Carbide Market Revenues & Volume, By Nuclear & Defense Grade, 2021-2031F |
6.2 India Boron Carbide Market, By By Type |
6.2.1 Overview and Analysis |
6.2.2 India Boron Carbide Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 India Boron Carbide Market Revenues & Volume, By Paste, 2021-2031F |
6.2.4 India Boron Carbide Market Revenues & Volume, By Grains, 2021-2031F |
6.3 India Boron Carbide Market, By By Application |
6.3.1 Overview and Analysis |
6.3.2 India Boron Carbide Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 India Boron Carbide Market Revenues & Volume, By Nuclear, 2021-2031F |
6.3.4 India Boron Carbide Market Revenues & Volume, By Defense, 2021-2031F |
7 India Boron Carbide Market Import-Export Trade Statistics |
7.1 India Boron Carbide Market Export to Major Countries |
7.2 India Boron Carbide Market Imports from Major Countries |
8 India Boron Carbide Market Key Performance Indicators |
9 India Boron Carbide Market - Opportunity Assessment |
9.1 India Boron Carbide Market Opportunity Assessment, By By Grade, 2021 & 2031F |
9.2 India Boron Carbide Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.3 India Boron Carbide Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Boron Carbide Market - Competitive Landscape |
10.1 India Boron Carbide Market Revenue Share, By Companies, 2024 |
10.2 India Boron Carbide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |