MARKET INTRODUCTION
Diboride chromium is ideal for structural applications, which requires high stability and temperature strength under severe conditions. Diboride chromium has significant potential for hard coatings on cutting tools as well as a protective coating for material exposed to wear and corrosion. It satisfies the responsibility of a protective layer in chromium alloys and stainless steels.
MARKET DYNAMICS
Diboride chromium coatings are attracting immense momentum, owing to the fact that they combine high hardness along with good wear and corrosion resistance. These coatings are usually deposited by the sputtering of hot-pressed or sintered ceramic targets. When compared with titanium and zirconium borides chromium diboride is observed as offering superior performance in corrosive-wear environments, subsequently propelling the market growth.
MARKET SCOPE
The "Global Diboride Chromium Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the diboride chromium market with detailed market segmentation by type, application and geography. The global diboride chromium market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading diboride chromium market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global diboride chromium market is segmented on the basis of type and application. On the basis of type, diboride chromium market is classified into ultra-pure diboride chromium, high grade diboride chromium, and others. On the basis of application, market is segmented into sputtering target, wear-resistant component, fire-proof materials, and others.
REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global diboride chromium market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The diboride chromium market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the diboride chromium market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the diboride chromium market in these regions.
MARKET PLAYERS
The reports cover key developments in the diboride chromium market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from diboride chromium market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the diboride chromium market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diboride chromium market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Advanced Engineering Materials Limited
- American Elements
- Hoganas AB
- JAPAN NEW METALS CO., LTD
- Jinzhou Haixin Metal Materials Co., Ltd.
- Materion Corporation
- Merck KGaA
- Micron Metals, Inc.
- TREIBACHER INDUSTRIE AG
- Xinglu Chemical
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.