Product Code: ETC198172 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
United Arab Emirates (UAE) Boron Carbide market currently, in 2023, has witnessed an HHI of 6153, Which has decreased slightly as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) boron carbide market has witnessed substantial growth owing to the compound`s versatile applications across various industries. Boron carbide, known for its exceptional hardness and heat resistance, finds utility in sectors such as defense, aerospace, and industrial manufacturing. The market`s expansion can be attributed to the increasing demand for materials with exceptional hardness and wear resistance, driving the need for boron carbide-based products.
The growth of the UAE boron carbide market is propelled by several key drivers. Firstly, the defense and aerospace industries have contributed significantly to the demand for boron carbide due to its use in armor materials, ballistic protection, and cutting-edge aerospace components. Additionally, its role in industrial applications, such as abrasive blasting and cutting tools, has further heightened its demand. The compound`s ability to withstand extreme conditions and its superior performance characteristics make it a favored material in these sectors.
Despite the favorable growth, the UAE boron carbide market faces certain challenges. The compound`s production involves complex processes that might have environmental implications, leading to potential regulatory concerns. Furthermore, supply chain disruptions, which can be exacerbated by events like the Covid-19 pandemic, can impact the availability and pricing of boron carbide. Moreover, as industries evolve, the emergence of alternative materials with similar properties could present competition to boron carbide, affecting market growth.
The Covid-19 pandemic had noticeable effects on the UAE boron carbide market. Initial disruptions in manufacturing and trade led to supply chain challenges, affecting the availability of raw materials and finished products. Lockdowns and reduced economic activity also resulted in a temporary decline in demand from industries relying on boron carbide, such as defense and aerospace. However, as economies gradually recovered and industries resumed operations, the demand for boron carbide began to rebound, particularly in sectors requiring high-performance materials.
Several key players significantly contribute to the UAE boron carbide market. Boroflux is a notable player specializing in the production and supply of boron compounds, including boron carbide, to diverse industries. Sumitomo Electric Industries, Ltd., though headquartered in Japan, has a presence in the UAE and is a prominent manufacturer of cutting-edge materials, including boron carbide. Oryx Industries is involved in the production of abrasives and refractories, contributing to the supply of boron carbide-based products for industrial applications.
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 United Arab Emirates (UAE) Boron Carbide Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Boron Carbide Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Boron Carbide Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Boron Carbide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Boron Carbide Market Trends |
6 United Arab Emirates (UAE) Boron Carbide Market, By Types |
6.1 United Arab Emirates (UAE) Boron Carbide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Abrasive Grade, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Nuclear & Defense Grade, 2021-2031F |
6.2 United Arab Emirates (UAE) Boron Carbide Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Paste, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Grains, 2021-2031F |
6.3 United Arab Emirates (UAE) Boron Carbide Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Nuclear, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Boron Carbide Market Revenues & Volume, By Defense, 2021-2031F |
7 United Arab Emirates (UAE) Boron Carbide Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Boron Carbide Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Boron Carbide Market Imports from Major Countries |
8 United Arab Emirates (UAE) Boron Carbide Market Key Performance Indicators |
9 United Arab Emirates (UAE) Boron Carbide Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Boron Carbide Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Boron Carbide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Boron Carbide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Boron Carbide Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Boron Carbide Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Boron Carbide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |